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 | |
|---|---|---|---|---|---|---|
951
Microchip Technology
MCHP
$40.3B
| $10.5M | 0.02% |
+442,948
| New | +$10.8M |
|
|
PFPT
952
DELISTED
Proofpoint, Inc.
PFPT
| $10.5M | 0.02% |
164,746
+124,932
| +314% | +$7.35M |
|
953
Smith & Nephew
SNN
$13.3B
| $10.4M | 0.02% |
307,575
+276,541
| +891% | +$9.6M |
|
954
M/I Homes
MHO
$3.74B
| $10.4M | 0.02% |
423,094
+230,745
| +120% | +$5.49M |
|
|
CSGS
955
DELISTED
CSG Systems International
CSGS
| $10.4M | 0.02% |
329,123
-236,428
| -42% | -$7.29M |
|
956
Commault Systems
CVLT
$4.88B
| $10.4M | 0.02% |
245,476
+74,642
| +44% | +$3.38M |
|
957
Dolby
DLB
$5.51B
| $10.4M | 0.02% |
261,875
+23,638
| +10% | +$936K |
|
|
TSL
958
DELISTED
Trina Solar Limited
TSL
| $10.4M | 0.02% |
889,912
+664,976
| +296% | +$8.23M |
|
|
RCPT
959
DELISTED
RECEPTOS INC COM STK (DE)
RCPT
| $10.3M | 0.02% |
54,181
-365,538
| -87% | -$60.4M |
|
960
American International
AIG
$41.7B
| $10.3M | 0.02% |
166,255
+7,933
| +5% | +$469K |
|
961
Matsons
MATX
$6.13B
| $10.3M | 0.02% |
244,267
+34,601
| +17% | +$1.45M |
|
962
Vodafone
VOD
$36.3B
| $10.3M | 0.02% |
+281,410
| New | +$10.1M |
|
|
PBY
963
DELISTED
PEP BOYS MANNY MOE& JACK
PBY
| $10.2M | 0.02% |
835,243
+750,981
| +891% | +$7.62M |
|
964
CALL
eBay
EBAY
$50.6B
| $10.2M | 0.02% |
403,920
-248,054
| -38% | -$6.19M |
|
965
Kennametal
KMT
$2.59B
| $10.2M | 0.02% |
+299,354
| New | +$10.7M |
|
966
CALL
MPLX
MPLX
$59.3B
| $10.2M | 0.02% |
143,100
-14,300
| -9% | -$1.06M |
|
967
Primerica
PRI
$9.98B
| $10.2M | 0.02% |
222,271
-275,916
| -55% | -$12.9M |
|
968
First Financial Bancorp
FFBC
$3.55B
| $10.1M | 0.02% |
565,673
-309,090
| -35% | -$5.44M |
|
|
AHL
969
DELISTED
ASPEN Insurance Holding Limited
AHL
| $10.1M | 0.02% |
210,750
+158,784
| +306% | +$7.53M |
|
970
CALL
AbbVie
ABBV
$443B
| $10.1M | 0.02% |
150,000
| – | – |
|
|
CBL
971
DELISTED
CBL& Associates Properties, Inc.
CBL
| $10.1M | 0.02% |
620,527
+61,875
| +11% | +$1.12M |
|
|
BRSL
972
Brightstar Lottery PLC
BRSL
$1.84B
| $10M | 0.02% |
563,777
+533,372
| +1,754% | +$10.2M |
|
973
Graham Holdings Company
GHC
$5.1B
| $10M | 0.02% |
15,396
+8,433
| +121% | +$5.33M |
|
|
HCBK
974
DELISTED
HUDSON CITY BANCORP INC
HCBK
| $10M | 0.02% |
1,011,845
+142,832
| +16% | +$1.38M |
|
|
WWAV
975
DELISTED
The WhiteWave Foods Company
WWAV
| $9.99M | 0.02% |
204,474
-92,191
| -31% | -$4.32M |
|
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.