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 | |
|---|---|---|---|---|---|---|
801
ManpowerGroup
MAN
$2.44B
| $13.7M | 0.03% |
153,795
-749,704
| -83% | -$64.7M |
|
802
IPG Photonics
IPGP
$3.61B
| $13.7M | 0.03% |
+161,315
| New | +$15.2M |
|
803
BWX Technologies
BWXT
$15.5B
| $13.7M | 0.03% |
583,127
-529,913
| -48% | -$12.4M |
|
|
MR
804
DELISTED
MINDRAY MED INTL LTD SPONSORED ADR REPSTG CL A
MR
| $13.7M | 0.03% |
479,552
+277,579
| +137% | +$8.09M |
|
|
ALTR
805
DELISTED
Altera Corp
ALTR
| $13.6M | 0.03% |
266,297
+232,466
| +687% | +$10.8M |
|
806
Kirby Corp
KEX
$7.01B
| $13.6M | 0.03% |
177,575
-241,105
| -58% | -$19.1M |
|
|
STL
807
DELISTED
Sterling Bancorp
STL
| $13.6M | 0.03% |
925,127
-1,069,766
| -54% | -$14.6M |
|
|
SINA
808
DELISTED
Sina Corp
SINA
| $13.6M | 0.03% |
253,335
+191,175
| +308% | +$8.71M |
|
809
Kaiser Aluminum
KALU
$2.61B
| $13.5M | 0.03% |
162,964
-162,262
| -50% | -$13.2M |
|
810
Public Storage
PSA
$60.5B
| $13.5M | 0.03% |
73,397
+38,512
| +110% | +$7.39M |
|
|
WSTC
811
DELISTED
West Corporation
WSTC
| $13.4M | 0.03% |
445,838
+240,249
| +117% | +$7.59M |
|
|
OSG
812
Octave Specialty Group
OSG
$243M
| $13.4M | 0.03% |
803,512
+455,968
| +131% | +$10.8M |
|
813
Western Union
WU
$1.98B
| $13.3M | 0.03% |
654,949
+617,159
| +1,633% | +$13.1M |
|
|
TIVO
814
DELISTED
TIVO INC
TIVO
| $13.3M | 0.03% |
1,307,821
-788,776
| -38% | -$8.52M |
|
815
Aptiv
APTV
$12B
| $13.3M | 0.03% |
155,789
-339,544
| -69% | -$29.1M |
|
|
HRG
816
DELISTED
HRG Group, Inc.
HRG
| $13.1M | 0.02% |
1,009,446
+649,940
| +181% | +$8.22M |
|
|
SNBR
817
DELISTED
Sleep Number
SNBR
| $13.1M | 0.02% |
436,313
+347,624
| +392% | +$11M |
|
|
TIME
818
DELISTED
Time Inc.
TIME
| $13.1M | 0.02% |
569,746
-610,494
| -52% | -$13.9M |
|
|
DNR
819
DELISTED
Denbury Resources, Inc.
DNR
| $13.1M | 0.02% |
2,060,986
-2,421,463
| -54% | -$18.5M |
|
820
CALL
Merck
MRK
$322B
| $13.1M | 0.02% |
+241,040
| New | +$13.5M |
|
|
PACW
821
DELISTED
PacWest Bancorp
PACW
| $13M | 0.02% |
+278,967
| New | +$12.9M |
|
|
PCH
822
DELISTED
PotlatchDeltic
PCH
| $13M | 0.02% |
369,188
+351,964
| +2,043% | +$13M |
|
|
SCG
823
DELISTED
Scana
SCG
| $13M | 0.02% |
257,086
+247,759
| +2,656% | +$13.1M |
|
824
Eagle Materials
EXP
$6.29B
| $13M | 0.02% |
170,518
-935,489
| -85% | -$77.3M |
|
|
QGENF
825
DELISTED
QIAGEN NV
QGENF
| $13M | 0.02% |
+523,647
| New | +$13M |
|
Similar funds
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.