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 |
American Electric Power
AEP
|
+$300M |
| 2 |
NBL
Noble Energy, Inc.
NBL
|
+$274M |
| 3 |
DTE Energy
DTE
|
+$243M |
| 4 |
Teva Pharmaceuticals
TEVA
|
+$215M |
| 5 |
Ameren
AEE
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$231M |
| 2 |
Dominion Energy
D
|
+$185M |
| 3 |
Hilton Worldwide
HLT
|
+$157M |
| 4 |
Microsoft
MSFT
|
+$155M |
| 5 |
CSX Corp
CSX
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.75% |
| 2 | Energy | 10.9% |
| 3 | Financials | 8.86% |
| 4 | Consumer Discretionary | 8.57% |
| 5 | Industrials | 8.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CAA
226
DELISTED
CalAtlantic Group, Inc.
CAA
| $56.2M | 0.1% |
1,249,500
+954,620
| +324% | +$38M |
|
|
QLIK
227
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $56.2M | 0.1% |
1,803,980
-35,288
| -2% | -$1.08M |
|
228
Jack in the Box
JACK
$278M
| $55.9M | 0.1% |
583,143
+289,638
| +99% | +$26.3M |
|
|
PEGI
229
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $55.9M | 0.1% |
1,972,982
+508,131
| +35% | +$14.3M |
|
230
ScottsMiracle-Gro
SMG
$4.03B
| $55.7M | 0.1% |
828,718
+172,258
| +26% | +$11.2M |
|
231
Newmont
NEM
$98.2B
| $55.6M | 0.1% |
2,559,312
+106,930
| +4% | +$2.5M |
|
232
Lear
LEA
$7.19B
| $55.5M | 0.1% |
500,394
+310,522
| +164% | +$32.6M |
|
233
Antero Resources
AR
$10.9B
| $55.3M | 0.1% |
1,565,620
+1,257,594
| +408% | +$47.2M |
|
|
VAL
234
DELISTED
Valspar
VAL
| $55.2M | 0.1% |
657,232
+267,903
| +69% | +$23.1M |
|
235
Ralph Lauren
RL
$22.2B
| $55.2M | 0.1% |
419,580
+301,309
| +255% | +$44.6M |
|
236
Essex Property Trust
ESS
$18.9B
| $55.1M | 0.1% |
239,587
+200,934
| +520% | +$45.5M |
|
|
FITB
237
Fifth Third Bancorp
FITB
$52B
| $54.9M | 0.1% |
2,910,957
-3,754,702
| -56% | -$70.8M |
|
238
Weyerhaeuser
WY
$17.3B
| $54.8M | 0.1% |
1,652,676
+289,813
| +21% | +$10.1M |
|
239
Alliant Energy
LNT
$19.4B
| $54.6M | 0.1% |
1,733,902
+796,278
| +85% | +$25.9M |
|
|
IPG
240
DELISTED
Interpublic Group of Companies
IPG
| $54.5M | 0.1% |
2,462,910
+1,247,697
| +103% | +$26.5M |
|
241
ON Semiconductor
ON
$33.8B
| $54.5M | 0.1% |
4,496,953
+4,360,486
| +3,195% | +$50M |
|
242
Ally Financial
ALLY
$13.1B
| $54.2M | 0.1% |
2,583,173
-2,394,181
| -48% | -$50.4M |
|
243
DexCom
DXCM
$27.6B
| $54.1M | 0.1% |
3,470,664
+2,825,816
| +438% | +$42.7M |
|
|
PMT
244
PennyMac Mortgage Investment
PMT
$849M
| $54M | 0.1% |
2,538,632
+105,025
| +4% | +$2.27M |
|
245
FedEx
FDX
$74.5B
| $53.9M | 0.1% |
326,025
-112,499
| -26% | -$19.5M |
|
|
CXO
246
DELISTED
CONCHO RESOURCES INC.
CXO
| $53.7M | 0.1% |
462,843
+178,020
| +63% | +$19.4M |
|
247
Adobe
ADBE
$89.5B
| $53.4M | 0.1% |
722,569
-809,957
| -53% | -$60.4M |
|
|
VISN
248
Vistance Networks Inc
VISN
$2.66B
| $53.3M | 0.1% |
1,868,567
+907,700
| +94% | +$25.3M |
|
249
Lumen
LUMN
$6.53B
| $53M | 0.1% |
1,533,186
+371,293
| +32% | +$13.9M |
|
|
DF
250
DELISTED
Dean Foods Company
DF
| $52.9M | 0.1% |
3,199,448
+3,183,366
| +19,795% | +$54.6M |
|
Similar funds
Millennium Management's Q1 2015 Portfolio in Review
As of Q1 2015, Millennium Management held 4,613 positions worth $53.7B, up 14% from $47.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Millennium Management deployed $5.19B of net new capital in Q1 2015, opening 744 new positions and adding to 1,445 existing holdings. Its largest new stake was DTE Energy: 3,384,348 shares worth $232M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 14% a quarter earlier, followed by Energy and Financials.
On the sell side, the largest reduction was Pioneer Natural Resource Co., an estimated $231M trimmed.
- Millennium Management's largest Q1 2015 buy was DTE Energy: 3,384,348 shares worth $232M.
- Millennium Management added most to American Electric Power in Q1 2015, an estimated $300M increase.
- Millennium Management's biggest Q1 2015 reduction was Pioneer Natural Resource Co., cutting an estimated $231M.
- Millennium Management fully exited Seadrill Limited Common Stock in Q1 2015, selling an estimated $110M.
- Millennium Management's ten largest holdings make up 11% of its $53.7B portfolio in Q1 2015.
- Millennium Management opened 744 new positions and closed 1,104 in Q1 2015.
- Millennium Management's portfolio value rose 14% quarter-over-quarter to $53.7B.
Based on Millennium Management's 13F filing for Q1 2015, filed 15 May 2015.