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 | |
|---|---|---|---|---|---|---|
2026
Simmons First National
SFNC
$3.39B
| $1.6M | ﹤0.01% |
+68,744
| New | +$1.53M |
|
2027
NMI Holdings
NMIH
$3.37B
| $1.6M | ﹤0.01% |
199,925
+15,827
| +9% | +$125K |
|
2028
Power Integrations
POWI
$3.15B
| $1.6M | ﹤0.01% |
+70,870
| New | +$1.77M |
|
|
AFSI
2029
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $1.6M | ﹤0.01% |
+48,866
| New | +$1.47M |
|
|
RGC
2030
DELISTED
Regal Entertainment Group
RGC
| $1.59M | ﹤0.01% |
76,098
-455,952
| -86% | -$9.82M |
|
|
MNR
2031
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $1.59M | ﹤0.01% |
163,586
-8,023
| -5% | -$80.9K |
|
2032
Geron
GERN
$898M
| $1.58M | ﹤0.01% |
370,424
-876,424
| -70% | -$3.47M |
|
2033
Vanguard S&P 500 ETF
VOO
$956B
| $1.58M | ﹤0.01% |
8,381
-33,869
| -80% | -$6.53M |
|
|
ENZY
2034
DELISTED
Enzymotec Ltd
ENZY
| $1.58M | ﹤0.01% |
189,572
-20,981
| -10% | -$193K |
|
|
GDEF
2035
DELISTED
GLOBAL DEFENSE & NATIONAL SECURITY SYSTEMS INC COM
GDEF
| $1.57M | ﹤0.01% |
150,000
| – | – |
|
2036
Moody's
MCO
$83.7B
| $1.57M | ﹤0.01% |
14,570
-155,648
| -91% | -$16.8M |
|
2037
Mine Safety
MSA
$6.79B
| $1.57M | ﹤0.01% |
32,431
-37,709
| -54% | -$1.81M |
|
|
SMRT
2038
DELISTED
Stein Mart Inc
SMRT
| $1.57M | ﹤0.01% |
150,078
+111,234
| +286% | +$1.28M |
|
2039
CACI
CACI
$10.8B
| $1.57M | ﹤0.01% |
+19,386
| New | +$1.68M |
|
2040
Regis Corp
RGS
$68.4M
| $1.56M | ﹤0.01% |
4,949
+2,326
| +89% | +$777K |
|
|
STMP
2041
DELISTED
Stamps.com, Inc.
STMP
| $1.56M | ﹤0.01% |
+21,201
| New | +$1.46M |
|
|
ARR
2042
Armour Residential REIT
ARR
$2.32B
| $1.56M | ﹤0.01% |
13,871
+7,508
| +118% | +$912K |
|
|
MIK
2043
DELISTED
Michaels Stores, Inc
MIK
| $1.56M | ﹤0.01% |
57,872
-429,618
| -88% | -$11.6M |
|
|
EMKR
2044
DELISTED
Emcore Corp
EMKR
| $1.55M | ﹤0.01% |
25,764
+13,845
| +116% | +$830K |
|
|
GNMK
2045
DELISTED
GenMark Diagnostics, Inc
GNMK
| $1.55M | ﹤0.01% |
171,033
-197,993
| -54% | -$2M |
|
|
BLRX
2046
BioLineRX
BLRX
$12M
| $1.55M | ﹤0.01% |
971
+243
| +33% | +$301K |
|
2047
PUT
Wheaton Precious Metals
WPM
$49.7B
| $1.55M | ﹤0.01% |
+89,300
| New | +$1.72M |
|
2048
FIVE9
FIVN
$2.08B
| $1.55M | ﹤0.01% |
295,849
+282,966
| +2,196% | +$1.55M |
|
2049
Arbor Realty Trust
ABR
$977M
| $1.54M | ﹤0.01% |
228,457
+107,726
| +89% | +$747K |
|
2050
FuelCell Energy
FCEL
$1.45B
| $1.54M | ﹤0.01% |
366
+132
| +56% | +$682K |
|
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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.