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 | |
|---|---|---|---|---|---|---|
2626
Coca-Cola Consolidated
COKE
$12.8B
| $607K | ﹤0.01% |
53,700
-43,150
| -45% | -$438K |
|
2627
PDF Solutions
PDFS
$1.72B
| $607K | ﹤0.01% |
33,858
+8,965
| +36% | +$156K |
|
|
RESN
2628
DELISTED
Resonant Inc.
RESN
| $607K | ﹤0.01% |
+85,800
| New | +$1.09M |
|
2629
Myers Industries
MYE
$1.24B
| $606K | ﹤0.01% |
34,567
+955
| +3% | +$16.8K |
|
|
CJES
2630
DELISTED
C&J ENERGY SVCS LTD
CJES
| $606K | ﹤0.01% |
54,460
-218,280
| -80% | -$2.61M |
|
|
CYS
2631
DELISTED
CYS Investments Inc.
CYS
| $605K | ﹤0.01% |
67,894
-2,982
| -4% | -$26.5K |
|
2632
Freshpet
FRPT
$3.04B
| $604K | ﹤0.01% |
31,100
-33,706
| -52% | -$565K |
|
2633
Cheniere Energy
CQP
$30.5B
| $603K | ﹤0.01% |
20,117
-50,000
| -71% | -$1.54M |
|
2634
PUT
PRA Group
PRAA
$672M
| $603K | ﹤0.01% |
+11,100
| New | +$593K |
|
|
WUBA
2635
PUT
DELISTED
58.com Inc
WUBA
| $603K | ﹤0.01% |
+11,400
| New | +$482K |
|
2636
Whirlpool
WHR
$2.49B
| $601K | ﹤0.01% |
2,975
-21,978
| -88% | -$4.46M |
|
2637
ProShares Ultra NASDAQ Biotechnology
BIB
$82.9M
| $600K | ﹤0.01% |
7,578
+852
| +13% | +$63.2K |
|
2638
iShares Short-Term National Muni Bond ETF
SUB
$11.3B
| $598K | ﹤0.01% |
+5,648
| New | +$599K |
|
|
ALX
2639
Alexander's
ALX
$1.36B
| $596K | ﹤0.01% |
1,305
-873
| -40% | -$393K |
|
|
STNR
2640
DELISTED
STEINER LEISURE LTD
STNR
| $595K | ﹤0.01% |
+12,543
| New | +$575K |
|
|
RSE
2641
DELISTED
ROUSE PPTYS INC COM (DE)
RSE
| $593K | ﹤0.01% |
31,257
-190,414
| -86% | -$3.56M |
|
|
MGI
2642
DELISTED
MoneyGram International, Inc. New
MGI
| $592K | ﹤0.01% |
68,558
-55,314
| -45% | -$481K |
|
2643
Mizuho Financial
MFG
$120B
| $591K | ﹤0.01% |
166,353
+37,453
| +29% | +$131K |
|
|
TYG
2644
Tortoise Energy Infrastructure Corp
TYG
$1.08B
| $590K | ﹤0.01% |
+3,511
| New | +$607K |
|
|
WG
2645
DELISTED
Willbros Group
WG
| $590K | ﹤0.01% |
178,211
-77,808
| -30% | -$426K |
|
2646
iShares Core S&P Total US Stock Market ETF
ITOT
$92.3B
| $589K | ﹤0.01% |
+12,428
| New | +$587K |
|
|
WSR
2647
DELISTED
Whitestone REIT
WSR
| $589K | ﹤0.01% |
37,091
-31,581
| -46% | -$496K |
|
2648
Rocky Brands
RCKY
$370M
| $588K | ﹤0.01% |
+27,216
| New | +$475K |
|
|
TWOU
2649
DELISTED
2U Inc
TWOU
| $586K | ﹤0.01% |
+764
| New | +$438K |
|
2650
PUT
Royal Bank of Canada
RY
$287B
| $585K | ﹤0.01% |
+9,700
| New | +$596K |
|
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.