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 | |
|---|---|---|---|---|---|---|
2351
Heritage Financial
HFWA
$1.22B
| $841K | ﹤0.01% |
47,084
-14,683
| -24% | -$254K |
|
|
SFUN
2352
CALL
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $841K | ﹤0.01% |
+2,000
| New | +$797K |
|
|
EBSB
2353
DELISTED
Meridian Bancorp, Inc.
EBSB
| $839K | ﹤0.01% |
62,584
-78,072
| -56% | -$1.01M |
|
|
VVUS
2354
DELISTED
Vivus Inc
VVUS
| $837K | ﹤0.01% |
35,476
-24,865
| -41% | -$610K |
|
2355
Kornit Digital
KRNT
$677M
| $836K | ﹤0.01% |
+60,724
| New | +$884K |
|
2356
Helen of Troy
HELE
$656M
| $834K | ﹤0.01% |
+8,554
| New | +$752K |
|
2357
Comstock Resources
CRK
$3.7B
| $833K | ﹤0.01% |
50,033
+32,383
| +183% | +$670K |
|
2358
VanEck Pharmaceutical ETF
PPH
$985M
| $833K | ﹤0.01% |
11,767
+2,639
| +29% | +$190K |
|
2359
Ardmore Shipping
ASC
$683M
| $832K | ﹤0.01% |
68,665
+32,269
| +89% | +$377K |
|
2360
Gladstone Investment Corp
GAIN
$642M
| $831K | ﹤0.01% |
104,471
+27,605
| +36% | +$210K |
|
|
TOO
2361
DELISTED
Teekay Offshore Partners L.P.
TOO
| $829K | ﹤0.01% |
40,964
+27,150
| +197% | +$604K |
|
|
LRFC
2362
DELISTED
Logan Ridge Finance Corp
LRFC
| $828K | ﹤0.01% |
+8,843
| New | +$919K |
|
|
BGG
2363
DELISTED
Briggs & Stratton Corp.
BGG
| $826K | ﹤0.01% |
42,874
-43,822
| -51% | -$858K |
|
|
ARNA
2364
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $824K | ﹤0.01% |
17,754
-164,155
| -90% | -$7.12M |
|
2365
Omega Healthcare
OHI
$15.3B
| $821K | ﹤0.01% |
23,921
-59,591
| -71% | -$2.19M |
|
2366
IDT Corp
IDT
$1.67B
| $816K | ﹤0.01% |
63,943
+1,841
| +3% | +$23.3K |
|
|
AVDL
2367
DELISTED
Avadel Pharmaceuticals
AVDL
| $812K | ﹤0.01% |
38,318
-1,793,542
| -98% | -$32.2M |
|
|
MTSN
2368
DELISTED
MATTSON TECHNOLOGY INC
MTSN
| $806K | ﹤0.01% |
240,541
-385,941
| -62% | -$1.42M |
|
2369
MGIC Investment
MTG
$6.47B
| $804K | ﹤0.01% |
70,666
-659,393
| -90% | -$7.04M |
|
|
TGP
2370
DELISTED
Teekay LNG Partners L.P.
TGP
| $804K | ﹤0.01% |
24,956
-3,383
| -12% | -$122K |
|
|
HIMX
2371
PUT
Himax Technologies
HIMX
$2.03B
| $803K | ﹤0.01% |
+100,000
| New | +$680K |
|
2372
HealthEquity
HQY
$8.71B
| $801K | ﹤0.01% |
25,000
-179,335
| -88% | -$4.81M |
|
|
MASI
2373
DELISTED
Masimo
MASI
| $799K | ﹤0.01% |
20,635
-227,504
| -92% | -$8.15M |
|
|
HIMX
2374
Himax Technologies
HIMX
$2.03B
| $798K | ﹤0.01% |
99,439
-745,228
| -88% | -$5.07M |
|
2375
Invesco S&P 500 Pure Value ETF
RPV
$1.66B
| $796K | ﹤0.01% |
14,862
-30,705
| -67% | -$1.69M |
|
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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.