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 | |
|---|---|---|---|---|---|---|
|
EXK
2101
Endeavour Silver
EXK
$2.24B
| $1.38M | ﹤0.01% |
693,946
+145,743
| +27% | +$300K |
|
|
ABB
2102
DELISTED
ABB Ltd
ABB
| $1.38M | ﹤0.01% |
66,032
-184,220
| -74% | -$4.04M |
|
2103
Texas Roadhouse
TXRH
$13.7B
| $1.38M | ﹤0.01% |
36,735
+17,367
| +90% | +$620K |
|
|
WPG
2104
DELISTED
Washington Prime Group Inc.
WPG
| $1.37M | ﹤0.01% |
11,277
-44,425
| -80% | -$5.86M |
|
2105
WEX
WEX
$6.42B
| $1.37M | ﹤0.01% |
+12,014
| New | +$1.36M |
|
2106
Globus Medical
GMED
$11.1B
| $1.37M | ﹤0.01% |
53,203
-386,102
| -88% | -$9.78M |
|
2107
Archer Daniels Midland
ADM
$38.7B
| $1.36M | ﹤0.01% |
28,277
-30,303
| -52% | -$1.53M |
|
|
CVT
2108
DELISTED
CVENT, INC.
CVT
| $1.36M | ﹤0.01% |
52,873
+38,299
| +263% | +$1.04M |
|
|
ATRS
2109
DELISTED
Antares Pharma, Inc.
ATRS
| $1.36M | ﹤0.01% |
654,546
+249,664
| +62% | +$605K |
|
2110
Vitamin Cottage Natural Grocers
NGVC
$760M
| $1.36M | ﹤0.01% |
55,079
+41,239
| +298% | +$1.06M |
|
2111
Expro Ltd
XPRO
$1.66B
| $1.36M | ﹤0.01% |
11,996
-122,542
| -91% | -$14.6M |
|
|
ALIM
2112
DELISTED
Alimera Sciences
ALIM
| $1.36M | ﹤0.01% |
19,606
-7,469
| -28% | -$515K |
|
2113
TTEC Holdings
TTEC
$124M
| $1.35M | ﹤0.01% |
49,989
-67,978
| -58% | -$1.77M |
|
2114
TriCo Bancshares
TCBK
$1.85B
| $1.35M | ﹤0.01% |
56,263
+22,484
| +67% | +$540K |
|
|
MHG
2115
DELISTED
Marine Harvest ASA
MHG
| $1.35M | ﹤0.01% |
118,410
+91,706
| +343% | +$1.09M |
|
2116
Cincinnati Financial
CINF
$27.8B
| $1.35M | ﹤0.01% |
+26,888
| New | +$1.39M |
|
2117
VanEck Gold Miners ETF
GDX
$22.5B
| $1.35M | ﹤0.01% |
+75,961
| New | +$1.48M |
|
2118
National CineMedia
NCMI
$378M
| $1.35M | ﹤0.01% |
8,449
-22,433
| -73% | -$3.56M |
|
|
BNCN
2119
DELISTED
BNC Bancorp
BNCN
| $1.34M | ﹤0.01% |
69,174
+41,599
| +151% | +$774K |
|
2120
Argan
AGX
$6.9B
| $1.34M | ﹤0.01% |
33,127
+5,551
| +20% | +$199K |
|
|
JUNO
2121
DELISTED
Juno Therapeutics, Inc.
JUNO
| $1.33M | ﹤0.01% |
+25,010
| New | +$1.33M |
|
|
EPAY
2122
DELISTED
Bottomline Technologies Inc
EPAY
| $1.33M | ﹤0.01% |
47,950
+17,191
| +56% | +$474K |
|
|
IQNT
2123
DELISTED
Inteliquent, Inc.
IQNT
| $1.33M | ﹤0.01% |
72,281
+6,076
| +9% | +$109K |
|
|
SRDX
2124
DELISTED
Surmodics
SRDX
| $1.33M | ﹤0.01% |
56,628
-9,873
| -15% | -$248K |
|
|
NP
2125
DELISTED
Neenah, Inc. Common Stock
NP
| $1.33M | ﹤0.01% |
+22,484
| New | +$1.37M |
|
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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.