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 | |
|---|---|---|---|---|---|---|
|
STJ
926
CALL
DELISTED
St Jude Medical
STJ
| $11M | 0.02% |
150,000
+35,300
| +31% | +$2.55M |
|
927
Sunstone Hotel Investors
SHO
$2.19B
| $11M | 0.02% |
729,971
-599,230
| -45% | -$9.42M |
|
928
Compass Minerals
CMP
$1.23B
| $11M | 0.02% |
133,355
-107,524
| -45% | -$9.47M |
|
929
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$346M
| $10.9M | 0.02% |
100,000
| – | – |
|
930
Deluxe
DLX
$1.18B
| $10.9M | 0.02% |
176,500
+157,098
| +810% | +$10.3M |
|
931
Old Dominion Freight Line
ODFL
$44.1B
| $10.9M | 0.02% |
477,840
+369,423
| +341% | +$8.79M |
|
932
Newell Brands
NWL
$2.38B
| $10.9M | 0.02% |
+265,665
| New | +$10.6M |
|
933
Progressive
PGR
$123B
| $10.9M | 0.02% |
+391,843
| New | +$10.7M |
|
934
MSCI
MSCI
$41.6B
| $10.9M | 0.02% |
+177,059
| New | +$11M |
|
935
SITE Centers
SITC
$225M
| $10.9M | 0.02% |
546,068
+194,548
| +55% | +$4.31M |
|
|
PINC
936
DELISTED
Premier
PINC
| $10.9M | 0.02% |
282,518
+192,518
| +214% | +$7.23M |
|
|
SPN
937
DELISTED
Superior Energy Services, Inc.
SPN
| $10.9M | 0.02% |
51,640
+14,034
| +37% | +$3.28M |
|
|
WCG
938
DELISTED
Wellcare Health Plans, Inc.
WCG
| $10.8M | 0.02% |
127,704
-408,012
| -76% | -$34.5M |
|
|
PMC
939
DELISTED
PharMerica Corporation
PMC
| $10.8M | 0.02% |
324,885
-10,173
| -3% | -$312K |
|
940
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$32.8B
| $10.8M | 0.02% |
+200,000
| New | +$11.2M |
|
941
New Jersey Resources
NJR
$5.84B
| $10.8M | 0.02% |
+392,167
| New | +$11.7M |
|
|
LLL
942
DELISTED
L3 Technologies, Inc.
LLL
| $10.8M | 0.02% |
95,286
-301,008
| -76% | -$35.9M |
|
|
SYT
943
DELISTED
Syngenta Ag
SYT
| $10.8M | 0.02% |
132,060
-99,519
| -43% | -$8M |
|
|
LTRPA
944
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $10.7M | 0.02% |
332,660
+227,882
| +217% | +$6.91M |
|
945
Citizens Financial Group
CFG
$30.3B
| $10.7M | 0.02% |
391,577
-2,638,711
| -87% | -$69.9M |
|
946
Healthpeak Properties
DOC
$15.1B
| $10.7M | 0.02% |
321,589
-707,920
| -69% | -$25.8M |
|
947
Albemarle
ALB
$13.9B
| $10.7M | 0.02% |
193,111
+179,386
| +1,307% | +$10.7M |
|
|
VRNT
948
DELISTED
Verint Systems
VRNT
| $10.6M | 0.02% |
+343,922
| New | +$11.1M |
|
|
N
949
DELISTED
Netsuite Inc
N
| $10.6M | 0.02% |
115,545
-2,377
| -2% | -$225K |
|
950
Commercial Metals
CMC
$7.6B
| $10.5M | 0.02% |
+655,005
| New | +$10.7M |
|
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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.