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 | |
|---|---|---|---|---|---|---|
|
ABAX
1401
DELISTED
Abaxis Inc
ABAX
| $4.97M | 0.01% |
+96,509
| New | +$5.43M |
|
1402
RPC Inc
RES
$1.2B
| $4.96M | 0.01% |
358,879
-2,068,358
| -85% | -$30.5M |
|
|
SN
1403
DELISTED
Sanchez Energy Corporation
SN
| $4.96M | 0.01% |
+506,038
| New | +$6.12M |
|
1404
Nektar Therapeutics
NKTR
$2.41B
| $4.94M | 0.01% |
26,340
-30,226
| -53% | -$5.2M |
|
|
EPE
1405
DELISTED
EP Energy Corporation
EPE
| $4.94M | 0.01% |
388,181
-582,003
| -60% | -$7.74M |
|
1406
Innospec
IOSP
$2.12B
| $4.93M | 0.01% |
109,556
+47,875
| +78% | +$2.15M |
|
1407
Open Text
OTEX
$6.15B
| $4.93M | 0.01% |
243,472
-422,144
| -63% | -$10.2M |
|
|
NEWP
1408
DELISTED
NEWPORT CORP
NEWP
| $4.93M | 0.01% |
259,910
+44,042
| +20% | +$854K |
|
1409
Universal Corp
UVV
$1.33B
| $4.92M | 0.01% |
85,758
-47,729
| -36% | -$2.41M |
|
1410
PUT
Melco Resorts & Entertainment
MLCO
$2.24B
| $4.91M | 0.01% |
+250,000
| New | +$5.15M |
|
|
MNDT
1411
PUT
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $4.89M | 0.01% |
100,000
+94,200
| +1,624% | +$4.27M |
|
1412
Boise Cascade
BCC
$2.65B
| $4.89M | 0.01% |
133,278
-393,589
| -75% | -$14.4M |
|
|
IMMU
1413
CALL
DELISTED
Immunomedics Inc
IMMU
| $4.87M | 0.01% |
1,200,000
+700,000
| +140% | +$2.86M |
|
1414
CALL
Deere & Co
DE
$162B
| $4.85M | 0.01% |
50,000
| – | – |
|
|
PTX
1415
DELISTED
Pernix Therapeutics Holdings, Inc.
PTX
| $4.85M | 0.01% |
81,962
+35,969
| +78% | +$2.54M |
|
1416
ConocoPhillips
COP
$145B
| $4.85M | 0.01% |
+78,915
| New | +$5.14M |
|
|
ATVI
1417
CALL
DELISTED
Activision Blizzard
ATVI
| $4.84M | 0.01% |
+200,000
| New | +$4.88M |
|
|
GRMN
1418
Garmin
GRMN
$57.4B
| $4.84M | 0.01% |
110,189
+86,975
| +375% | +$4.01M |
|
|
EVER
1419
DELISTED
Everbank Financial Corp
EVER
| $4.84M | 0.01% |
+246,251
| New | +$4.61M |
|
|
BKS
1420
DELISTED
Barnes & Noble
BKS
| $4.83M | 0.01% |
283,928
-391,194
| -58% | -$6.11M |
|
1421
FS KKR Capital
FSK
$2.96B
| $4.83M | 0.01% |
122,683
+56,662
| +86% | +$2.34M |
|
1422
MacroGenics
MGNX
$240M
| $4.82M | 0.01% |
126,817
+92,912
| +274% | +$3.05M |
|
|
UNT
1423
DELISTED
UNIT Corporation
UNT
| $4.81M | 0.01% |
177,363
-396,696
| -69% | -$12.5M |
|
|
STRZA
1424
DELISTED
Starz - Series A
STRZA
| $4.81M | 0.01% |
107,533
+98,823
| +1,135% | +$3.93M |
|
1425
Dorian LPG
LPG
$1.98B
| $4.8M | 0.01% |
287,743
+26,407
| +10% | +$373K |
|
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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.