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 | |
|---|---|---|---|---|---|---|
|
HIBB
2726
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $519K | ﹤0.01% |
10,585
-136,420
| -93% | -$6.73M |
|
2727
NBT Bancorp
NBTB
$2.82B
| $518K | ﹤0.01% |
20,656
-2,856
| -12% | -$69.5K |
|
|
FL
2728
CALL
DELISTED
Foot Locker
FL
| $517K | ﹤0.01% |
8,200
-17,400
| -68% | -$987K |
|
2729
PUT
Toronto Dominion Bank
TD
$193B
| $514K | ﹤0.01% |
+12,000
| New | +$516K |
|
|
ALE
2730
DELISTED
Allete
ALE
| $513K | ﹤0.01% |
9,732
-206,237
| -95% | -$11.3M |
|
|
SCG
2731
DELISTED
Scana
SCG
| $513K | ﹤0.01% |
+9,327
| New | +$548K |
|
2732
Middlesex Water
MSEX
$1.07B
| $512K | ﹤0.01% |
22,480
+2,358
| +12% | +$52.7K |
|
|
IMBI
2733
DELISTED
iMedia Brands, Inc. Class A Common Stock
IMBI
| $512K | ﹤0.01% |
7,632
-505
| -6% | -$32.7K |
|
|
RPT
2734
Rithm Property Trust
RPT
$94.4M
| $511K | ﹤0.01% |
+6,073
| New | +$503K |
|
|
FSYS
2735
DELISTED
FUEL SYSTEMS SOLUTIONS INC COM STK
FSYS
| $511K | ﹤0.01% |
46,299
+4,406
| +11% | +$47.8K |
|
2736
Gibraltar Industries
ROCK
$1.28B
| $509K | ﹤0.01% |
31,014
+9,853
| +47% | +$152K |
|
2737
PUT
Boston Beer
SAM
$1.95B
| $508K | ﹤0.01% |
+1,900
| New | +$551K |
|
2738
CALL
Duke Energy
DUK
$101B
| $507K | ﹤0.01% |
6,600
-16,200
| -71% | -$1.31M |
|
2739
Medallion Financial
MFIN
$230M
| $504K | ﹤0.01% |
54,407
-80,551
| -60% | -$798K |
|
2740
PRA Group
PRAA
$672M
| $504K | ﹤0.01% |
9,273
-31,467
| -77% | -$1.68M |
|
2741
CALL
Scotiabank
BNS
$105B
| $502K | ﹤0.01% |
10,566
+6,551
| +163% | +$320K |
|
2742
PUT
Mercado Libre
MELI
$94.5B
| $502K | ﹤0.01% |
+4,100
| New | +$518K |
|
2743
Varonis Systems
VRNS
$4.67B
| $501K | ﹤0.01% |
58,620
+7,137
| +14% | +$76.1K |
|
|
AWAY
2744
CALL
DELISTED
HOMEAWAY INC COM
AWAY
| $501K | ﹤0.01% |
+16,600
| New | +$480K |
|
|
DEA
2745
Easterly Government Properties
DEA
$1.16B
| $500K | ﹤0.01% |
+12,465
| New | +$498K |
|
2746
ProShares UltraShort Euro
EUO
$35.2M
| $499K | ﹤0.01% |
+18,508
| New | +$461K |
|
|
BNCN
2747
DELISTED
BNC Bancorp
BNCN
| $499K | ﹤0.01% |
27,575
+7,909
| +40% | +$133K |
|
|
EPRS
2748
DELISTED
EPIRUS BIOPHARMACEUTICALS INC COM
EPRS
| $499K | ﹤0.01% |
+55,774
| New | +$448K |
|
2749
CALL
Bausch Health
BHC
$1.75B
| $497K | ﹤0.01% |
+2,500
| New | +$443K |
|
2750
PUT
Palo Alto Networks
PANW
$256B
| $497K | ﹤0.01% |
20,400
+10,200
| +100% | +$228K |
|
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.