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 | |
|---|---|---|---|---|---|---|
1126
CALL
iShares MSCI Taiwan ETF
EWT
$9.86B
| $7.89M | 0.01% |
+250,000
| New | +$8.06M |
|
1127
Tanger
SKT
$4.67B
| $7.89M | 0.01% |
248,806
+82,232
| +49% | +$2.78M |
|
|
CUDA
1128
DELISTED
Barracuda Networks, Inc.
CUDA
| $7.89M | 0.01% |
+199,076
| New | +$8.17M |
|
|
INVX
1129
Innovex International
INVX
$1.96B
| $7.87M | 0.01% |
104,609
-65,169
| -38% | -$4.9M |
|
1130
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $7.87M | 0.01% |
28,800
+27,800
| +2,780% | +$7.73M |
|
1131
Coty
COTY
$2.42B
| $7.83M | 0.01% |
244,873
+160,101
| +189% | +$4.14M |
|
1132
CALL
Procter & Gamble
PG
$336B
| $7.82M | 0.01% |
+100,000
| New | +$8.05M |
|
1133
Criteo S.A. Ordinary Shares
CRTO
$1.1B
| $7.8M | 0.01% |
163,733
-168,542
| -51% | -$7.68M |
|
|
LSI
1134
DELISTED
Life Storage, Inc.
LSI
| $7.8M | 0.01% |
134,552
-17,167
| -11% | -$1.03M |
|
1135
Flowserve
FLS
$9.71B
| $7.77M | 0.01% |
147,517
+21,677
| +17% | +$1.21M |
|
|
GRA
1136
DELISTED
W.R. Grace & Co.
GRA
| $7.76M | 0.01% |
77,382
-5,179
| -6% | -$510K |
|
|
SWC
1137
DELISTED
Stillwater Mining Co
SWC
| $7.75M | 0.01% |
668,393
-451,214
| -40% | -$6.1M |
|
|
BWP
1138
DELISTED
Boardwalk Pipeline Partners
BWP
| $7.74M | 0.01% |
533,262
+493,262
| +1,233% | +$8M |
|
1139
Stepan Co
SCL
$1.46B
| $7.65M | 0.01% |
141,413
+20,042
| +17% | +$989K |
|
|
AEL
1140
DELISTED
American Equity Investment Life Holding Company
AEL
| $7.65M | 0.01% |
283,634
+178,651
| +170% | +$4.89M |
|
1141
Wheaton Precious Metals
WPM
$49.5B
| $7.64M | 0.01% |
440,465
-2,208,221
| -83% | -$42.4M |
|
|
CRC
1142
DELISTED
California Resources Corporation
CRC
| $7.62M | 0.01% |
126,088
-35,052
| -22% | -$2.83M |
|
1143
Central Pacific Financial
CPF
$1.02B
| $7.6M | 0.01% |
320,090
+290,948
| +998% | +$6.78M |
|
|
BWLD
1144
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $7.6M | 0.01% |
48,502
+27,661
| +133% | +$4.52M |
|
1145
Kosmos Energy
KOS
$1.6B
| $7.6M | 0.01% |
901,374
-1,508,689
| -63% | -$13.4M |
|
|
WUBA
1146
DELISTED
58.com Inc
WUBA
| $7.6M | 0.01% |
118,572
+57,418
| +94% | +$4.17M |
|
1147
Annaly Capital Management
NLY
$17.1B
| $7.57M | 0.01% |
205,975
-151,442
| -42% | -$6.12M |
|
1148
Boston Beer
SAM
$1.91B
| $7.56M | 0.01% |
+32,604
| New | +$8.38M |
|
|
VR
1149
DELISTED
Validus Hold Ltd
VR
| $7.54M | 0.01% |
171,375
+113,408
| +196% | +$4.87M |
|
1150
MDU Resources
MDU
$4.17B
| $7.53M | 0.01% |
1,013,310
-803,338
| -44% | -$6.46M |
|
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.