Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PPL
PPL Corp
PPL
|
+$304M |
| 2 |
SWN
Southwestern Energy Company
SWN
|
+$207M |
| 3 |
Biogen
BIIB
|
+$177M |
| 4 |
MON
Monsanto Co
MON
|
+$164M |
| 5 |
BNY
Bank of New York Mellon
BNY
|
+$153M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Teva Pharmaceuticals
TEVA
|
+$412M |
| 2 |
Pfizer
PFE
|
+$283M |
| 3 |
Devon Energy
DVN
|
+$194M |
| 4 |
Valero Energy
VLO
|
+$187M |
| 5 |
Altria Group
MO
|
+$174M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14% |
| 2 | Energy | 11.19% |
| 3 | Financials | 8.75% |
| 4 | Consumer Discretionary | 8.58% |
| 5 | Industrials | 8.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
MasTec
MTZ
$21.1B
| $16.9M | 0.03% |
851,427
-504,201
| -37% | -$9.43M |
|
|
AGEN
702
Agenus
AGEN
$312M
| $16.9M | 0.03% |
99,500
+11,215
| +13% | +$1.59M |
|
|
BKI
703
DELISTED
Black Knight, Inc. Common Stock
BKI
| $16.8M | 0.03% |
+545,201
| New | +$15.7M |
|
704
Quanta Services
PWR
$100B
| $16.8M | 0.03% |
583,068
-1,017,293
| -64% | -$29.7M |
|
|
BBT
705
Beacon Financial Corp
BBT
$2.66B
| $16.8M | 0.03% |
589,004
+35,706
| +6% | +$997K |
|
706
Toro Company
TTC
$8.75B
| $16.8M | 0.03% |
494,808
-336,866
| -41% | -$11.6M |
|
707
Yum! Brands
YUM
$41.8B
| $16.8M | 0.03% |
258,937
-214,445
| -45% | -$13.6M |
|
|
ORIG
708
DELISTED
Ocean Rig UDW Inc. Class A Common Shares
ORIG
| $16.7M | 0.03% |
355
+109
| +44% | +$7.22M |
|
709
CALL
iShares MSCI Germany ETF
EWG
$1.59B
| $16.7M | 0.03% |
+600,000
| New | +$17.8M |
|
710
CALL
Eli Lilly
LLY
$1.02T
| $16.7M | 0.03% |
200,000
| – | – |
|
|
TCF
711
DELISTED
TCF Financial Corporation Common Stock
TCF
| $16.7M | 0.03% |
504,430
-2,188
| -0.4% | -$69K |
|
|
EQC
712
DELISTED
Equity Commonwealth
EQC
| $16.7M | 0.03% |
649,314
-167,045
| -20% | -$4.35M |
|
713
CALL
General Motors
GM
$80.4B
| $16.7M | 0.03% |
+500,000
| New | +$17.8M |
|
|
KING
714
DELISTED
KING DIGITAL ENTMT PLC ORD SHS (IRL)
KING
| $16.6M | 0.03% |
1,168,372
+605,431
| +108% | +$9.38M |
|
715
Jabil
JBL
$33B
| $16.6M | 0.03% |
779,732
+384,878
| +97% | +$9.07M |
|
716
Duke Energy
DUK
$97.8B
| $16.6M | 0.03% |
235,034
+92,605
| +65% | +$7M |
|
717
Korn Ferry
KFY
$4.18B
| $16.5M | 0.03% |
475,711
+388,418
| +445% | +$12.8M |
|
718
DHT Holdings
DHT
$2.99B
| $16.4M | 0.03% |
2,116,352
-205,126
| -9% | -$1.61M |
|
719
Chubb
CB
$135B
| $16.4M | 0.03% |
161,444
-80,854
| -33% | -$8.71M |
|
720
Quest Diagnostics
DGX
$25.7B
| $16.4M | 0.03% |
226,249
+213,244
| +1,640% | +$15.7M |
|
|
TMHC
721
DELISTED
Taylor Morrison
TMHC
| $16.4M | 0.03% |
804,513
+553,693
| +221% | +$11M |
|
|
GLUU
722
DELISTED
Glu Mobile Inc.
GLUU
| $16.4M | 0.03% |
2,634,975
+172,678
| +7% | +$1.06M |
|
|
IVC
723
DELISTED
Invacare Corporation
IVC
| $16.2M | 0.03% |
750,908
-96,578
| -11% | -$2.05M |
|
724
Coca-Cola Europacific Partners
CCEP
$48.3B
| $16.2M | 0.03% |
372,449
-731,421
| -66% | -$32.8M |
|
725
Arbutus Biopharma
ABUS
$857M
| $16.2M | 0.03% |
1,363,025
+988,268
| +264% | +$15M |
|
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Millennium Management's Q2 2015 Portfolio in Review
As of Q2 2015, Millennium Management held 4,294 positions worth $52.9B, down 1.6% from $53.7B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Millennium Management's Q2 2015 filing shows 780 new, 1,199 increased, 1,223 reduced and 1,034 closed positions. Its largest new stake was Charter Communications: 575,958 shares worth $98.6M. The largest sale was Teva Pharmaceuticals, an estimated $412M.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, down from 15% a quarter earlier, followed by Energy and Financials.
- Millennium Management's largest Q2 2015 buy was Charter Communications: 575,958 shares worth $98.6M.
- Millennium Management added most to PPL Corp in Q2 2015, an estimated $304M increase.
- Millennium Management's biggest Q2 2015 reduction was Teva Pharmaceuticals, cutting an estimated $412M.
- Millennium Management fully exited SALIX PHARMACEUTICALS LTD DEL in Q2 2015, selling an estimated $145M.
- Millennium Management's ten largest holdings make up 11% of its $52.9B portfolio in Q2 2015.
- Millennium Management opened 780 new positions and closed 1,034 in Q2 2015.
- Millennium Management's portfolio value fell 1.6% quarter-over-quarter to $52.9B.
Based on Millennium Management's 13F filing for Q2 2015, filed 14 Aug 2015.