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 | |
|---|---|---|---|---|---|---|
1926
National Bank Holdings
NBHC
$1.9B
| $1.98M | ﹤0.01% |
95,118
+52,819
| +125% | +$1.03M |
|
|
LVNTA
1927
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $1.97M | ﹤0.01% |
50,155
+3,868
| +8% | +$163K |
|
1928
iShares MSCI Brazil ETF
EWZ
$8.98B
| $1.97M | ﹤0.01% |
60,100
+9,500
| +19% | +$328K |
|
|
MN
1929
DELISTED
MANNING & NAPIER, INC.
MN
| $1.97M | ﹤0.01% |
197,419
+13,585
| +7% | +$156K |
|
|
BDBD
1930
DELISTED
BOULDER BRANDS INC
BDBD
| $1.97M | ﹤0.01% |
283,607
-96,562
| -25% | -$871K |
|
1931
Sanofi
SNY
$107B
| $1.96M | ﹤0.01% |
39,654
+4,982
| +14% | +$252K |
|
1932
CALL
ATI
ATI
$24.3B
| $1.96M | ﹤0.01% |
+65,000
| New | +$2.15M |
|
|
OCRX
1933
DELISTED
Ocera Therapeutics, Inc.
OCRX
| $1.96M | ﹤0.01% |
516,575
-17,891
| -3% | -$68.6K |
|
|
SNR
1934
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $1.96M | ﹤0.01% |
146,773
+114,554
| +356% | +$1.82M |
|
1935
S&T Bancorp
STBA
$1.9B
| $1.96M | ﹤0.01% |
66,279
-22,094
| -25% | -$619K |
|
1936
CALL
CSX Corp
CSX
$94B
| $1.96M | ﹤0.01% |
+180,000
| New | +$2.09M |
|
1937
Etsy
ETSY
$8.12B
| $1.96M | ﹤0.01% |
+139,315
| New | +$2.68M |
|
1938
Astec Industries
ASTE
$1.17B
| $1.95M | ﹤0.01% |
+46,704
| New | +$1.97M |
|
1939
Cavco Industries
CVCO
$4.36B
| $1.94M | ﹤0.01% |
25,726
-5,003
| -16% | -$359K |
|
1940
Federal Realty Investment Trust
FRT
$10.9B
| $1.94M | ﹤0.01% |
+15,106
| New | +$2.05M |
|
1941
Builders FirstSource
BLDR
$7.29B
| $1.93M | ﹤0.01% |
150,647
-16,946
| -10% | -$207K |
|
1942
Gold Fields
GFI
$28.8B
| $1.93M | ﹤0.01% |
598,550
+586,184
| +4,740% | +$2.2M |
|
1943
Martin Marietta Materials
MLM
$34.2B
| $1.92M | ﹤0.01% |
13,592
-41,638
| -75% | -$6.07M |
|
1944
Healthcare Realty
HR
$7.56B
| $1.92M | ﹤0.01% |
+80,222
| New | +$2.05M |
|
|
CPLA
1945
DELISTED
Capella Education Company
CPLA
| $1.92M | ﹤0.01% |
35,738
+10,475
| +41% | +$605K |
|
|
MWV
1946
DELISTED
MEADWESTVACO CORP
MWV
| $1.92M | ﹤0.01% |
40,630
-546,235
| -93% | -$26.8M |
|
1947
ASE Group
ASX
$68.3B
| $1.91M | ﹤0.01% |
289,482
-142,523
| -33% | -$993K |
|
|
RBY
1948
DELISTED
RUBICON MENERALS CORP (F)
RBY
| $1.91M | ﹤0.01% |
1,815,354
-141,705
| -7% | -$153K |
|
|
BCOV
1949
DELISTED
Brightcove, Inc.
BCOV
| $1.9M | ﹤0.01% |
277,591
+61,889
| +29% | +$435K |
|
|
ETP
1950
CALL
DELISTED
Energy Transfer Partners, L.P.
ETP
| $1.9M | ﹤0.01% |
+50,000
| New | +$2.04M |
|
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.