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 | |
|---|---|---|---|---|---|---|
|
AGTC
1426
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $4.8M | 0.01% |
312,648
-191,762
| -38% | -$3.68M |
|
1427
Arrow Electronics
ARW
$10.9B
| $4.79M | 0.01% |
85,929
-59,541
| -41% | -$3.62M |
|
|
NVDQ
1428
DELISTED
Novadaq Technologies Inc.
NVDQ
| $4.79M | 0.01% |
395,679
+163,323
| +70% | +$1.95M |
|
|
FMER
1429
DELISTED
FIRSTMERIT CORP
FMER
| $4.78M | 0.01% |
+229,567
| New | +$4.56M |
|
|
PKY
1430
DELISTED
Parkway, Inc.
PKY
| $4.77M | 0.01% |
273,744
-1,148,225
| -81% | -$19.7M |
|
1431
The Greenbrier Companies
GBX
$1.52B
| $4.76M | 0.01% |
101,572
-402,463
| -80% | -$24M |
|
|
CAMP
1432
DELISTED
CalAmp Corp.
CAMP
| $4.75M | 0.01% |
11,323
+7,965
| +237% | +$3.48M |
|
|
1433
CALL
Devon Energy
DVN
$50.9B
| $4.75M | 0.01% |
79,800
| – | – |
|
1434
CALL
NetApp
NTAP
$34.1B
| $4.73M | 0.01% |
150,000
+121,100
| +419% | +$4.2M |
|
1435
Toll Brothers
TOL
$14B
| $4.73M | 0.01% |
+123,796
| New | +$4.63M |
|
1436
Mitsubishi UFJ Financial
MUFG
$254B
| $4.72M | 0.01% |
654,244
+298,959
| +84% | +$2.13M |
|
1437
Vail Resorts
MTN
$5.45B
| $4.71M | 0.01% |
43,139
-115,275
| -73% | -$12.1M |
|
1438
La-Z-Boy
LZB
$1.61B
| $4.7M | 0.01% |
+178,355
| New | +$4.81M |
|
|
CYNA
1439
DELISTED
CYNAPSUS THERAPEUTICS INC COM PAR NO PAR (CANADA)
CYNA
| $4.68M | 0.01% |
+287,390
| New | +$4.71M |
|
1440
Dycom Industries
DY
$12.5B
| $4.64M | 0.01% |
78,894
+5,703
| +8% | +$302K |
|
1441
Cohen & Steers
CNS
$4.19B
| $4.64M | 0.01% |
136,091
+102,507
| +305% | +$3.87M |
|
1442
Boyd Gaming
BYD
$6.47B
| $4.63M | 0.01% |
310,003
-182,671
| -37% | -$2.58M |
|
1443
Enphase Energy
ENPH
$4.94B
| $4.63M | 0.01% |
608,013
-229,818
| -27% | -$2.5M |
|
1444
Radware
RDWR
$1.05B
| $4.62M | 0.01% |
207,912
+181,047
| +674% | +$4.21M |
|
|
FISV
1445
Fiserv Inc
FISV
$28.8B
| $4.61M | 0.01% |
+111,308
| New | +$4.48M |
|
|
CUB
1446
DELISTED
Cubic Corporation
CUB
| $4.59M | 0.01% |
96,436
-103,968
| -52% | -$5.11M |
|
1447
Oaktree Specialty Lending
OCSL
$1.03B
| $4.58M | 0.01% |
232,843
-78,671
| -25% | -$1.65M |
|
|
BLOX
1448
DELISTED
Infoblox Inc
BLOX
| $4.55M | 0.01% |
173,456
-138,974
| -44% | -$3.51M |
|
|
NVTA
1449
DELISTED
Invitae Corporation
NVTA
| $4.54M | 0.01% |
305,092
+184,951
| +154% | +$2.63M |
|
1450
Avnet
AVT
$7.12B
| $4.54M | 0.01% |
110,390
+9,391
| +9% | +$413K |
|
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.