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 | |
|---|---|---|---|---|---|---|
2476
Greif
GEF
$4.95B
| $754K | ﹤0.01% |
19,206
-111,389
| -85% | -$4.56M |
|
|
ORC
2477
Orchid Island Capital
ORC
$1.31B
| $754K | ﹤0.01% |
+11,387
| New | +$767K |
|
2478
First Community Bankshares
FCBC
$899M
| $753K | ﹤0.01% |
42,938
+15,576
| +57% | +$255K |
|
2479
Independence Realty Trust
IRT
$3.98B
| $752K | ﹤0.01% |
79,216
+1,082
| +1% | +$10.2K |
|
2480
Standard Motor Products
SMP
$902M
| $751K | ﹤0.01% |
+17,766
| New | +$693K |
|
2481
Workiva
WK
$3.45B
| $750K | ﹤0.01% |
52,057
-73,205
| -58% | -$1.02M |
|
2482
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.3B
| $749K | ﹤0.01% |
6,151
-20,779
| -77% | -$2.52M |
|
|
ONIT
2483
Onity Group
ONIT
$342M
| $749K | ﹤0.01% |
6,054
-3,547
| -37% | -$475K |
|
|
MNDT
2484
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $748K | ﹤0.01% |
+19,070
| New | +$737K |
|
|
RSO
2485
DELISTED
Resource Capital Corp.
RSO
| $747K | ﹤0.01% |
41,139
-7,794
| -16% | -$150K |
|
2486
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.84B
| $746K | ﹤0.01% |
6,306
+140
| +2% | +$15.8K |
|
2487
CALL
Ionis Pharmaceuticals
IONS
$8.93B
| $745K | ﹤0.01% |
+11,700
| New | +$794K |
|
|
RKUS
2488
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $743K | ﹤0.01% |
57,762
-463,261
| -89% | -$5.19M |
|
|
BT
2489
DELISTED
BT Group plc (ADR)
BT
| $741K | ﹤0.01% |
22,752
-1,218
| -5% | -$40.2K |
|
|
FCB
2490
DELISTED
FCB Financial Holdings, Inc.
FCB
| $740K | ﹤0.01% |
+27,038
| New | +$666K |
|
2491
Petrobras
PBR
$120B
| $739K | ﹤0.01% |
123,033
+108,533
| +749% | +$692K |
|
2492
Raymond James Financial
RJF
$33.5B
| $739K | ﹤0.01% |
19,520
-286,899
| -94% | -$10.7M |
|
2493
PUT
TriNet
TNET
$3.23B
| $736K | ﹤0.01% |
+20,900
| New | +$720K |
|
2494
Teekay Tankers
TNK
$2.71B
| $736K | ﹤0.01% |
+16,027
| New | +$728K |
|
|
YDKN
2495
DELISTED
Yadkin Financial Corporation
YDKN
| $734K | ﹤0.01% |
36,177
-4,436
| -11% | -$85.9K |
|
2496
STRATTEC Security
STRT
$376M
| $733K | ﹤0.01% |
9,922
-1,984
| -17% | -$141K |
|
2497
iShares US Healthcare Providers ETF
IHF
$1.22B
| $728K | ﹤0.01% |
+27,365
| New | +$683K |
|
2498
PUT
Qualcomm
QCOM
$164B
| $728K | ﹤0.01% |
+10,500
| New | +$740K |
|
|
ATTO
2499
DELISTED
Atento S.A.
ATTO
| $727K | ﹤0.01% |
12,158
-9,783
| -45% | -$571K |
|
2500
Albemarle
ALB
$13.4B
| $725K | ﹤0.01% |
13,725
-622,685
| -98% | -$34M |
|
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.