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 | |
|---|---|---|---|---|---|---|
|
FMI
1251
DELISTED
Foundation Medicine, Inc.
FMI
| $6.26M | 0.01% |
184,984
+162,651
| +728% | +$6.54M |
|
|
FLY
1252
DELISTED
Fly Leasing Limited
FLY
| $6.24M | 0.01% |
397,517
+34,960
| +10% | +$534K |
|
1253
Axalta
AXTA
$7.67B
| $6.24M | 0.01% |
188,581
-2,518
| -1% | -$83.1K |
|
1254
Essent Group
ESNT
$6.07B
| $6.23M | 0.01% |
227,825
+53,760
| +31% | +$1.38M |
|
1255
TTM Technologies
TTMI
$12.3B
| $6.23M | 0.01% |
623,701
+400,723
| +180% | +$3.9M |
|
|
ODP
1256
DELISTED
ODP
ODP
| $6.21M | 0.01% |
+71,731
| New | +$6.6M |
|
|
CKSW
1257
DELISTED
CLICKSOFTWARE TECH LTD
CKSW
| $6.21M | 0.01% |
494,101
+482,532
| +4,171% | +$5.56M |
|
1258
Oneok
OKE
$56.6B
| $6.2M | 0.01% |
157,134
+117,308
| +295% | +$5.2M |
|
1259
BJ's Restaurants
BJRI
$1.44B
| $6.2M | 0.01% |
128,026
-195,415
| -60% | -$9.43M |
|
|
SYNH
1260
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $6.2M | 0.01% |
154,583
+19,471
| +14% | +$672K |
|
1261
General Dynamics
GD
$103B
| $6.2M | 0.01% |
43,735
-1,093,085
| -96% | -$152M |
|
1262
PUT
American International
AIG
$41.6B
| $6.18M | 0.01% |
100,000
-2,700
| -3% | -$160K |
|
1263
Dentsply Sirona
XRAY
$2.65B
| $6.18M | 0.01% |
119,839
-505,142
| -81% | -$26.1M |
|
|
CHSP
1264
DELISTED
Chesapeake Lodging Trust
CHSP
| $6.17M | 0.01% |
202,258
-65,984
| -25% | -$2.09M |
|
1265
Liberty Global Class C
LBTYK
$3.49B
| $6.15M | 0.01% |
150,102
+819
| +0.5% | +$33.9K |
|
|
NE
1266
PUT
DELISTED
Noble Corporation
NE
| $6.14M | 0.01% |
398,900
| – | – |
|
|
HTS
1267
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $6.13M | 0.01% |
376,246
+137,311
| +57% | +$2.46M |
|
|
LFC
1268
DELISTED
China Life Insurance Company Ltd.
LFC
| $6.13M | 0.01% |
281,790
+243,432
| +635% | +$5.8M |
|
1269
Credicorp
BAP
$32B
| $6.13M | 0.01% |
44,124
-11,370
| -20% | -$1.66M |
|
1270
W.P. Carey
WPC
$16.8B
| $6.12M | 0.01% |
106,083
-219,795
| -67% | -$13.7M |
|
1271
Ericsson
ERIC
$32.2B
| $6.12M | 0.01% |
+586,387
| New | +$6.79M |
|
|
TE
1272
DELISTED
TECO ENERGY INC
TE
| $6.11M | 0.01% |
346,077
+65,706
| +23% | +$1.23M |
|
|
GNCA
1273
DELISTED
Genocea Biosciences, Inc.
GNCA
| $6.11M | 0.01% |
55,628
+30,866
| +125% | +$2.87M |
|
1274
Alnylam Pharmaceuticals
ALNY
$27.3B
| $6.11M | 0.01% |
50,950
-28,565
| -36% | -$3.41M |
|
|
GST
1275
DELISTED
Gastar Exploration Inc.
GST
| $6.11M | 0.01% |
1,976,262
+619,853
| +46% | +$1.97M |
|
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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.