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 | |
|---|---|---|---|---|---|---|
1951
Melco Resorts & Entertainment
MLCO
$2.21B
| $1.9M | ﹤0.01% |
96,658
-7,942
| -8% | -$163K |
|
1952
Liberty Broadband Class A
LBRDA
$4.89B
| $1.89M | ﹤0.01% |
37,111
+9,340
| +34% | +$497K |
|
1953
Willis Towers Watson
WTW
$29.8B
| $1.89M | ﹤0.01% |
+15,199
| New | +$1.94M |
|
1954
CALL
Micron Technology
MU
$835B
| $1.88M | ﹤0.01% |
100,000
-900
| -0.9% | -$24K |
|
|
OCLR
1955
DELISTED
Oclaro Inc.
OCLR
| $1.88M | ﹤0.01% |
+831,885
| New | +$1.85M |
|
1956
Lloyds Banking Group
LYG
$85.2B
| $1.88M | ﹤0.01% |
345,800
+38,999
| +13% | +$203K |
|
1957
FirstCash
FCFS
$8.77B
| $1.88M | ﹤0.01% |
41,182
+32,576
| +379% | +$1.55M |
|
|
ORIT
1958
DELISTED
Oritani Financial Corp. New
ORIT
| $1.88M | ﹤0.01% |
116,806
-191,124
| -62% | -$2.89M |
|
|
AEGN
1959
DELISTED
Aegion Corp
AEGN
| $1.87M | ﹤0.01% |
98,853
-135,992
| -58% | -$2.5M |
|
1960
CF Industries
CF
$19.6B
| $1.87M | ﹤0.01% |
29,095
-191,525
| -87% | -$11.7M |
|
|
MB
1961
DELISTED
MINDBODY, Inc. Class A Common Stock
MB
| $1.86M | ﹤0.01% |
+134,586
| New | +$1.82M |
|
|
ERN
1962
DELISTED
Erin Energy Corp
ERN
| $1.85M | ﹤0.01% |
+474,508
| New | +$2.64M |
|
|
KBAL
1963
DELISTED
Kimball International
KBAL
| $1.85M | ﹤0.01% |
152,393
+66,774
| +78% | +$770K |
|
|
SEP
1964
CALL
DELISTED
Spectra Engy Parters Lp
SEP
| $1.85M | ﹤0.01% |
40,200
-16,600
| -29% | -$853K |
|
1965
iShares MSCI Hong Kong ETF
EWH
$1.23B
| $1.85M | ﹤0.01% |
82,015
-45,450
| -36% | -$1.07M |
|
1966
ePlus
PLUS
$2.43B
| $1.84M | ﹤0.01% |
96,280
+80,216
| +499% | +$1.67M |
|
|
CVRS
1967
DELISTED
CORINDUS VASCULAR ROBOTICS, INC
CVRS
| $1.84M | ﹤0.01% |
+525,533
| New | +$2.24M |
|
1968
Sasol
SSL
$7.4B
| $1.84M | ﹤0.01% |
49,685
-204,680
| -80% | -$7.55M |
|
|
CJES
1969
DELISTED
C&J ENERGY SVCS LTD
CJES
| $1.84M | ﹤0.01% |
139,365
+84,905
| +156% | +$1.26M |
|
|
TDAY
1970
USA Today Co
TDAY
$1.29B
| $1.83M | ﹤0.01% |
102,089
-120,987
| -54% | -$2.58M |
|
|
ORBK
1971
DELISTED
Orbotech Ltd
ORBK
| $1.83M | ﹤0.01% |
87,954
+70,109
| +393% | +$1.35M |
|
1972
Culp Inc
CULP
$45.2M
| $1.83M | ﹤0.01% |
58,970
+45,970
| +354% | +$1.26M |
|
|
LXFT
1973
DELISTED
Luxoft Holding, Inc.
LXFT
| $1.82M | ﹤0.01% |
32,196
-48,240
| -60% | -$2.61M |
|
1974
iShares MSCI Mexico ETF
EWW
$1.89B
| $1.81M | ﹤0.01% |
31,785
-506
| -2% | -$29.9K |
|
|
PRMW
1975
DELISTED
Primo Water Corporation
PRMW
| $1.81M | ﹤0.01% |
185,595
+54,304
| +41% | +$519K |
|
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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.