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 | |
|---|---|---|---|---|---|---|
2401
Kohl's
KSS
$2.16B
| $750K | ﹤0.01% |
11,981
-280,096
| -96% | -$19.4M |
|
|
GCAP
2402
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $749K | ﹤0.01% |
78,355
-77,773
| -50% | -$763K |
|
|
TNAV
2403
DELISTED
Telenav Inc.
TNAV
| $748K | ﹤0.01% |
92,953
+73,079
| +368% | +$633K |
|
|
RELY
2404
DELISTED
Real Industry, Inc.
RELY
| $748K | ﹤0.01% |
+65,874
| New | +$684K |
|
2405
Barrett Business Services
BBSI
$1.01B
| $746K | ﹤0.01% |
82,116
-381,484
| -82% | -$3.85M |
|
2406
EXL Service
EXLS
$5.5B
| $746K | ﹤0.01% |
107,905
-268,180
| -71% | -$1.86M |
|
|
NEWR
2407
DELISTED
New Relic, Inc.
NEWR
| $746K | ﹤0.01% |
+21,193
| New | +$692K |
|
2408
CALL
Freeport-McMoran
FCX
$86.2B
| $745K | ﹤0.01% |
40,000
-50,100
| -56% | -$1.03M |
|
|
NATI
2409
DELISTED
National Instruments Corp
NATI
| $744K | ﹤0.01% |
25,257
-293,919
| -92% | -$9.04M |
|
|
NFBK
2410
DELISTED
Northfield Bancorp
NFBK
| $743K | ﹤0.01% |
+49,384
| New | +$729K |
|
|
OKSB
2411
DELISTED
Southwest Bancorp Inc/OK
OKSB
| $743K | ﹤0.01% |
39,940
-9,063
| -18% | -$161K |
|
2412
iShares Core S&P Small-Cap ETF
IJR
$109B
| $740K | ﹤0.01% |
12,548
-68,822
| -85% | -$4.07M |
|
2413
Teekay Tankers
TNK
$2.71B
| $740K | ﹤0.01% |
13,999
-2,028
| -13% | -$109K |
|
2414
CALL
Cytokinetics
CYTK
$10.6B
| $739K | ﹤0.01% |
+110,000
| New | +$721K |
|
2415
PUT
Crocs
CROX
$6.63B
| $736K | ﹤0.01% |
+50,000
| New | +$707K |
|
2416
McCormick & Company Non-Voting
MKC
$14B
| $736K | ﹤0.01% |
18,174
-130,596
| -88% | -$5.08M |
|
|
RTK
2417
DELISTED
Rentech, Inc.
RTK
| $735K | ﹤0.01% |
68,668
-3,905
| -5% | -$44.7K |
|
2418
Greenlight Captial
GLRE
$579M
| $734K | ﹤0.01% |
+25,156
| New | +$768K |
|
2419
Corcept Therapeutics
CORT
$9.98B
| $733K | ﹤0.01% |
121,986
+96,241
| +374% | +$590K |
|
2420
OneSpan
OSPN
$584M
| $733K | ﹤0.01% |
24,283
-58,051
| -71% | -$1.58M |
|
|
IMPV
2421
DELISTED
Imperva, Inc.
IMPV
| $732K | ﹤0.01% |
10,813
-713,178
| -99% | -$39.4M |
|
|
MTSC
2422
DELISTED
MTS Systems Corp
MTSC
| $732K | ﹤0.01% |
+10,619
| New | +$749K |
|
|
EMWP
2423
DELISTED
Eros Media World PLC
EMWP
| $731K | ﹤0.01% |
+1,454
| New | +$566K |
|
2424
Enterprise Financial Services Corp
EFSC
$2.4B
| $730K | ﹤0.01% |
32,069
-7,911
| -20% | -$169K |
|
|
SWIR
2425
DELISTED
Sierra Wireless
SWIR
| $728K | ﹤0.01% |
+29,265
| New | +$946K |
|
Similar funds
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.