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 | |
|---|---|---|---|---|---|---|
1376
LiveRamp
RAMP
$2.3B
| $5.16M | 0.01% |
293,645
-623,448
| -68% | -$11.2M |
|
1377
Tidewater
TDW
$3.65B
| $5.15M | 0.01% |
+7,026
| New | +$5.71M |
|
|
NETI
1378
DELISTED
Eneti Inc.
NETI
| $5.13M | 0.01% |
28,242
+20,157
| +249% | +$4.97M |
|
1379
TransDigm Group
TDG
$69.9B
| $5.13M | 0.01% |
22,832
-55,625
| -71% | -$12.5M |
|
1380
CALL
DuPont de Nemours
DD
$18.7B
| $5.12M | 0.01% |
+39,488
| New | +$5.12M |
|
1381
Itron
ITRI
$4.33B
| $5.11M | 0.01% |
148,389
-44,842
| -23% | -$1.63M |
|
1382
Liberty Media Series C
FWONK
$25.1B
| $5.1M | 0.01% |
200,807
+78,429
| +64% | +$2.11M |
|
1383
Nucor
NUE
$58.5B
| $5.1M | 0.01% |
115,700
+42,793
| +59% | +$2.05M |
|
|
SCS
1384
DELISTED
Steelcase
SCS
| $5.09M | 0.01% |
269,433
+256,635
| +2,005% | +$4.69M |
|
|
NS
1385
CALL
DELISTED
NuStar Energy L.P.
NS
| $5.08M | 0.01% |
85,600
+59,600
| +229% | +$3.77M |
|
|
TTOO
1386
DELISTED
T2 Biosystems, Inc
TTOO
| $5.08M | 0.01% |
63
+42
| +200% | +$3.64M |
|
|
GOLD
1387
DELISTED
Randgold Resources Ltd
GOLD
| $5.07M | 0.01% |
76,297
-137,826
| -64% | -$9.96M |
|
1388
Synaptics
SYNA
$4.25B
| $5.07M | 0.01% |
+58,402
| New | +$5.33M |
|
|
NPTN
1389
DELISTED
NEOPHOTONICS CORP
NPTN
| $5.05M | 0.01% |
553,638
+525,308
| +1,854% | +$3.98M |
|
1390
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.3B
| $5.05M | 0.01% |
106,131
+98,531
| +1,296% | +$4.81M |
|
1391
CALL
Celanese
CE
$4.91B
| $5.03M | 0.01% |
70,000
+40,000
| +133% | +$2.66M |
|
|
AERI
1392
DELISTED
Aerie Pharmaceuticals
AERI
| $5.02M | 0.01% |
284,251
-275,090
| -49% | -$5.04M |
|
1393
Euronet Worldwide
EEFT
$2.92B
| $5M | 0.01% |
81,102
-85,384
| -51% | -$5.08M |
|
|
INFI
1394
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $5M | 0.01% |
456,221
-435,001
| -49% | -$5.58M |
|
1395
Agree Realty
ADC
$9.42B
| $4.99M | 0.01% |
170,989
+23,374
| +16% | +$724K |
|
1396
Prudential
PUK
$38.5B
| $4.98M | 0.01% |
105,787
+61,639
| +140% | +$2.99M |
|
1397
Reinsurance Group of America
RGA
$15.6B
| $4.98M | 0.01% |
+52,485
| New | +$4.94M |
|
|
VXX
1398
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $4.98M | 0.01% |
+15,475
| New | +$5.04M |
|
|
AAN.A
1399
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $4.97M | 0.01% |
137,321
-143,533
| -51% | -$5.2M |
|
1400
TotalEnergies
TTE
$193B
| $4.97M | 0.01% |
+101,100
| New | +$5.23M |
|
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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.