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 | |
|---|---|---|---|---|---|---|
|
JIVE
1576
DELISTED
Jive Software, Inc.
JIVE
| $3.61M | 0.01% |
687,988
+665,819
| +3,003% | +$3.7M |
|
1577
PUT
PTC Therapeutics
PTCT
$6.26B
| $3.61M | 0.01% |
+75,000
| New | +$4.38M |
|
|
BNFT
1578
DELISTED
Benefitfocus, Inc.
BNFT
| $3.6M | 0.01% |
82,206
+2,480
| +3% | +$93.5K |
|
|
XOMA
1579
DELISTED
Xoma
XOMA
| $3.6M | 0.01% |
46,444
-4,142
| -8% | -$298K |
|
|
ETFC
1580
CALL
DELISTED
E*Trade Financial Corporation
ETFC
| $3.6M | 0.01% |
120,200
+14,600
| +14% | +$429K |
|
|
AMWD
1581
DELISTED
American Woodmark
AMWD
| $3.6M | 0.01% |
65,558
+1,954
| +3% | +$104K |
|
|
ESND
1582
DELISTED
Essendant Inc.
ESND
| $3.59M | 0.01% |
91,455
+80,022
| +700% | +$3.23M |
|
|
NSM
1583
DELISTED
Nationstar Mortgage Holdings
NSM
| $3.59M | 0.01% |
213,689
+27,098
| +15% | +$587K |
|
|
POM
1584
DELISTED
PEPCO HOLDINGS, INC.
POM
| $3.59M | 0.01% |
133,246
+74,166
| +126% | +$1.97M |
|
1585
AMC Entertainment Holdings
AMC
$2.47B
| $3.59M | 0.01% |
11,687
+6,736
| +136% | +$2.07M |
|
|
HSNI
1586
DELISTED
HSN, Inc.
HSNI
| $3.58M | 0.01% |
50,933
-33,473
| -40% | -$2.25M |
|
1587
SLR Investment Corp
SLRC
$696M
| $3.57M | 0.01% |
198,256
+14,731
| +8% | +$285K |
|
1588
REX American Resources
REX
$1.44B
| $3.56M | 0.01% |
336,024
-448,770
| -57% | -$4.73M |
|
|
BFX
1589
DELISTED
BowFlex Inc.
BFX
| $3.56M | 0.01% |
165,535
+58,577
| +55% | +$1.16M |
|
|
ANAT
1590
DELISTED
American National Group, Inc. Common Stock
ANAT
| $3.56M | 0.01% |
34,762
-23,291
| -40% | -$2.35M |
|
|
PDS
1591
Precision Drilling
PDS
$979M
| $3.55M | 0.01% |
+26,443
| New | +$3.67M |
|
|
MWW
1592
DELISTED
Monster Worldwide Inc
MWW
| $3.51M | 0.01% |
537,148
-438,995
| -45% | -$2.73M |
|
1593
Assurant
AIZ
$14B
| $3.5M | 0.01% |
52,225
-217,121
| -81% | -$14M |
|
1594
InterContinental Hotels
IHG
$24B
| $3.49M | 0.01% |
65,390
-78,594
| -55% | -$4.36M |
|
|
DFT
1595
DELISTED
DuPont Fabros Technology Inc.
DFT
| $3.47M | 0.01% |
+117,948
| New | +$3.75M |
|
1596
Titan International
TWI
$474M
| $3.47M | 0.01% |
323,374
+229,191
| +243% | +$2.42M |
|
1597
MillerKnoll
MLKN
$1.53B
| $3.47M | 0.01% |
119,946
-54,290
| -31% | -$1.55M |
|
1598
Sun Life Financial
SLF
$45.9B
| $3.47M | 0.01% |
103,759
-274,704
| -73% | -$9.06M |
|
1599
Comfort Systems
FIX
$59.8B
| $3.46M | 0.01% |
150,943
-27,133
| -15% | -$596K |
|
|
WPX
1600
DELISTED
WPX Energy, Inc.
WPX
| $3.45M | 0.01% |
281,031
-1,802,725
| -87% | -$23.8M |
|
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.