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 | |
|---|---|---|---|---|---|---|
|
NORW
2226
DELISTED
Global X MSCI Norway ETF
NORW
| $1.1M | ﹤0.01% |
89,392
-35,997
| -29% | -$462K |
|
|
EMES
2227
CALL
DELISTED
Emerge Energy Services LP
EMES
| $1.1M | ﹤0.01% |
+30,400
| New | +$1.27M |
|
|
PSXP
2228
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $1.1M | ﹤0.01% |
15,243
+11,080
| +266% | +$799K |
|
|
BBG
2229
DELISTED
Bill Barrett Corp
BBG
| $1.09M | ﹤0.01% |
127,416
-1,835,421
| -94% | -$17.1M |
|
2230
Webster Financial
WBS
$12.3B
| $1.09M | ﹤0.01% |
+27,500
| New | +$1.04M |
|
2231
CALL
United States Natural Gas Fund
UNG
$450M
| $1.08M | ﹤0.01% |
+5,000
| New | +$1.08M |
|
2232
Tapestry
TPR
$30.3B
| $1.08M | ﹤0.01% |
31,226
-65,071
| -68% | -$2.49M |
|
2233
Northrim BanCorp
NRIM
$593M
| $1.08M | ﹤0.01% |
+168,096
| New | +$1.05M |
|
|
BEL
2234
DELISTED
Belmond Ltd.
BEL
| $1.07M | ﹤0.01% |
85,990
-160,509
| -65% | -$2.03M |
|
2235
POSCO
PKX
$14.7B
| $1.07M | ﹤0.01% |
+21,832
| New | +$1.21M |
|
|
LHCG
2236
DELISTED
LHC Group LLC
LHCG
| $1.07M | ﹤0.01% |
27,971
-16,247
| -37% | -$574K |
|
2237
Church & Dwight Co
CHD
$23.7B
| $1.07M | ﹤0.01% |
26,320
-296,516
| -92% | -$12.4M |
|
|
ZPIN
2238
DELISTED
Zhaopin Limited
ZPIN
| $1.07M | ﹤0.01% |
69,445
+42,795
| +161% | +$674K |
|
2239
Nathan's Famous
NATH
$403M
| $1.06M | ﹤0.01% |
28,718
+16,037
| +126% | +$689K |
|
|
WAIR
2240
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $1.06M | ﹤0.01% |
+70,206
| New | +$1.09M |
|
2241
Diodes
DIOD
$3.5B
| $1.06M | ﹤0.01% |
44,025
-37,325
| -46% | -$993K |
|
|
PGN
2242
DELISTED
PARAGON OFFSHORE PLC (GBR)
PGN
| $1.06M | ﹤0.01% |
973,074
+81,715
| +9% | +$133K |
|
2243
CALL
Oshkosh
OSK
$8.91B
| $1.06M | ﹤0.01% |
25,000
-4,100
| -14% | -$206K |
|
2244
Inovio Pharmaceuticals
INO
$85.6M
| $1.06M | ﹤0.01% |
10,780
+8,182
| +315% | +$874K |
|
|
TAL
2245
DELISTED
TAL INTERNATIONAL GROUP, INC.
TAL
| $1.05M | ﹤0.01% |
+33,339
| New | +$1.26M |
|
|
WDR
2246
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $1.05M | ﹤0.01% |
22,248
-240,037
| -92% | -$11.7M |
|
|
EV
2247
DELISTED
Eaton Vance Corp.
EV
| $1.05M | ﹤0.01% |
+26,920
| New | +$1.11M |
|
2248
CGI
GIB
$15.6B
| $1.05M | ﹤0.01% |
+26,915
| New | +$1.16M |
|
|
AUTO
2249
DELISTED
AutoWeb, Inc. Common Stock
AUTO
| $1.05M | ﹤0.01% |
65,804
+50,032
| +317% | +$767K |
|
|
CNV
2250
DELISTED
CNOVA N.V.
CNV
| $1.05M | ﹤0.01% |
190,176
-81,365
| -30% | -$486K |
|
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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.