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 | |
|---|---|---|---|---|---|---|
2651
TechTarget
TTGT
$327M
| $582K | ﹤0.01% |
50,493
+14,459
| +40% | +$165K |
|
2652
PUT
Dick's Sporting Goods
DKS
$18.4B
| $581K | ﹤0.01% |
10,200
-64,800
| -86% | -$3.55M |
|
|
TSYS
2653
DELISTED
TELECOMMUNICATIONS SYS INC "A"
TSYS
| $581K | ﹤0.01% |
151,678
+71,938
| +90% | +$230K |
|
|
WNRL
2654
DELISTED
Western Refining Logistics, LP
WNRL
| $577K | ﹤0.01% |
19,885
-16,325
| -45% | -$471K |
|
2655
GATX Corp
GATX
$6.45B
| $574K | ﹤0.01% |
9,901
-462,148
| -98% | -$26.9M |
|
2656
AT&T
T
$164B
| $572K | ﹤0.01% |
23,196
-278,348
| -92% | -$7.08M |
|
2657
Asbury Automotive
ABG
$4.62B
| $570K | ﹤0.01% |
6,860
-181,711
| -96% | -$14M |
|
2658
PC Connection
CNXN
$2.09B
| $570K | ﹤0.01% |
21,843
+10,184
| +87% | +$250K |
|
2659
Gladstone Investment Corp
GAIN
$642M
| $569K | ﹤0.01% |
76,866
-37,462
| -33% | -$281K |
|
|
YHOO
2660
CALL
DELISTED
Yahoo Inc
YHOO
| $569K | ﹤0.01% |
+12,800
| New | +$579K |
|
2661
CALL
TriNet
TNET
$3.23B
| $567K | ﹤0.01% |
+16,100
| New | +$554K |
|
2662
Forward Air
FWRD
$461M
| $566K | ﹤0.01% |
10,425
+5,925
| +132% | +$303K |
|
|
VRNG
2663
DELISTED
VRINGO, INC COM STK NEW (DE)
VRNG
| $565K | ﹤0.01% |
86,869
-61,140
| -41% | -$406K |
|
|
ORAN
2664
DELISTED
Orange
ORAN
| $564K | ﹤0.01% |
+35,233
| New | +$606K |
|
2665
Reading International Class A
RDI
$32.5M
| $563K | ﹤0.01% |
+41,870
| New | +$533K |
|
|
AGU
2666
PUT
DELISTED
Agrium
AGU
| $563K | ﹤0.01% |
+5,400
| New | +$576K |
|
2667
Radware
RDWR
$983M
| $562K | ﹤0.01% |
26,865
-142,632
| -84% | -$3.03M |
|
2668
CALL
Boston Beer
SAM
$1.95B
| $562K | ﹤0.01% |
+2,100
| New | +$609K |
|
|
KND
2669
DELISTED
Kindred Healthcare
KND
| $561K | ﹤0.01% |
23,600
-1,390,919
| -98% | -$28.2M |
|
|
FLXN
2670
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $560K | ﹤0.01% |
+24,864
| New | +$576K |
|
2671
Rollins
ROL
$18.6B
| $559K | ﹤0.01% |
50,904
-18,425
| -27% | -$186K |
|
|
PLNR
2672
DELISTED
PLANAR SYSTEMS INC
PLNR
| $559K | ﹤0.01% |
88,844
-3,217
| -3% | -$21.7K |
|
2673
Grupo Aeroportuario Centro Norte
OMAB
$5.14B
| $558K | ﹤0.01% |
14,356
-9,226
| -39% | -$344K |
|
|
MOMO
2674
Hello Group
MOMO
$867M
| $557K | ﹤0.01% |
+52,556
| New | +$577K |
|
|
QUOT
2675
DELISTED
Quotient Technology Inc
QUOT
| $554K | ﹤0.01% |
+47,150
| New | +$614K |
|
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.