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 | |
|---|---|---|---|---|---|---|
|
SGNT
1151
DELISTED
SAGENT PHARMACEUTICALS INC COM STK (DE)
SGNT
| $7.49M | 0.01% |
308,281
-17,888
| -5% | -$429K |
|
1152
Viavi Solutions
VIAV
$9.12B
| $7.46M | 0.01% |
1,131,939
-314,072
| -22% | -$2.29M |
|
|
MDRX
1153
DELISTED
Veradigm Inc. Common Stock
MDRX
| $7.43M | 0.01% |
543,375
-1,358,667
| -71% | -$18.3M |
|
1154
Selective Insurance
SIGI
$5.65B
| $7.41M | 0.01% |
264,275
-21,184
| -7% | -$589K |
|
|
PNK
1155
DELISTED
Pinnacle Entertainment Inc.
PNK
| $7.4M | 0.01% |
198,489
+161,659
| +439% | +$5.95M |
|
1156
Caleres
CAL
$431M
| $7.4M | 0.01% |
232,768
-15,075
| -6% | -$470K |
|
1157
Acacia Research
ACTG
$428M
| $7.39M | 0.01% |
843,161
-13,428
| -2% | -$138K |
|
1158
HEICO Corp
HEI
$49.8B
| $7.39M | 0.01% |
+309,426
| New | +$7.42M |
|
1159
Herc Holdings
HRI
$5.02B
| $7.36M | 0.01% |
135,467
-271,580
| -67% | -$16.8M |
|
1160
Sinclair Inc
SBGI
$992M
| $7.36M | 0.01% |
263,742
+210,372
| +394% | +$6.35M |
|
1161
Navient
NAVI
$789M
| $7.35M | 0.01% |
403,655
-479,079
| -54% | -$9.38M |
|
1162
Evertec
EVTC
$1.88B
| $7.34M | 0.01% |
345,479
+101,535
| +42% | +$2.23M |
|
|
NGHC
1163
DELISTED
National General Holdings Corp
NGHC
| $7.32M | 0.01% |
351,336
-7,092
| -2% | -$139K |
|
|
NRF
1164
DELISTED
NorthStar Realty Finance Corp.
NRF
| $7.3M | 0.01% |
229,623
-3,574,693
| -94% | -$129M |
|
1165
Nasdaq
NDAQ
$52.7B
| $7.29M | 0.01% |
+448,188
| New | +$7.52M |
|
1166
CALL
iShares MSCI Emerging Markets ETF
EEM
$28.8B
| $7.26M | 0.01% |
+183,300
| New | +$7.67M |
|
|
CVG
1167
DELISTED
Convergys
CVG
| $7.24M | 0.01% |
283,961
-228,654
| -45% | -$5.54M |
|
1168
Ingredion
INGR
$6.27B
| $7.23M | 0.01% |
90,595
-206,871
| -70% | -$16.6M |
|
1169
Northrop Grumman
NOC
$77.1B
| $7.23M | 0.01% |
45,577
-706,720
| -94% | -$113M |
|
|
EXAS
1170
DELISTED
Exact Sciences
EXAS
| $7.2M | 0.01% |
+242,075
| New | +$6.08M |
|
|
WBMD
1171
DELISTED
WebMD Health Corp.
WBMD
| $7.16M | 0.01% |
161,674
+52,447
| +48% | +$2.4M |
|
1172
Cadence Design Systems
CDNS
$93.6B
| $7.11M | 0.01% |
361,563
-527,851
| -59% | -$10.2M |
|
1173
Kite Realty
KRG
$5.81B
| $7.1M | 0.01% |
290,221
-20,507
| -7% | -$553K |
|
1174
Core Laboratories
CLB
$490M
| $7.07M | 0.01% |
+62,002
| New | +$7.52M |
|
|
EXAM
1175
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $7.07M | 0.01% |
180,813
+142,480
| +372% | +$5.86M |
|
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.