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 | |
|---|---|---|---|---|---|---|
2851
UBS Group
UBS
$170B
| $409K | ﹤0.01% |
21,800
-632,197
| -97% | -$11M |
|
|
CTT
2852
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $409K | ﹤0.01% |
34,869
-1,105,822
| -97% | -$12.9M |
|
|
VOLT
2853
DELISTED
Volt Information Sciences, Inc.
VOLT
| $409K | ﹤0.01% |
34,783
+16,438
| +90% | +$196K |
|
|
CVT
2854
DELISTED
CVENT, INC.
CVT
| $409K | ﹤0.01% |
14,574
-62,802
| -81% | -$1.72M |
|
2855
CALL
Morgan Stanley
MS
$319B
| $407K | ﹤0.01% |
+11,400
| New | +$409K |
|
2856
PUT
Texas Instruments
TXN
$248B
| $406K | ﹤0.01% |
+7,100
| New | +$399K |
|
|
ADVM
2857
CALL
DELISTED
Adverum Biotechnologies
ADVM
| $405K | ﹤0.01% |
+1,000
| New | +$423K |
|
|
VCRA
2858
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $405K | ﹤0.01% |
40,861
-41,608
| -50% | -$411K |
|
2859
PUT
Vornado Realty Trust
VNO
$7.65B
| $403K | ﹤0.01% |
+4,453
| New | +$400K |
|
2860
WD-40
WDFC
$2.98B
| $402K | ﹤0.01% |
4,545
-818
| -15% | -$68.7K |
|
|
ALOG
2861
DELISTED
Analogic Corp
ALOG
| $402K | ﹤0.01% |
4,424
-56,314
| -93% | -$4.84M |
|
2862
PUT
NXP Semiconductors
NXPI
$60.8B
| $401K | ﹤0.01% |
+4,000
| New | +$352K |
|
2863
FirstCash
FCFS
$8.77B
| $400K | ﹤0.01% |
+8,606
| New | +$428K |
|
|
TEP
2864
DELISTED
Tallgrass Energy Partners, LP
TEP
| $400K | ﹤0.01% |
7,900
-23,600
| -75% | -$1.12M |
|
|
LITS
2865
Lite Strategy Inc
LITS
$32.4M
| $399K | ﹤0.01% |
11,132
-22,588
| -67% | -$2.02M |
|
2866
Stoneridge
SRI
$200M
| $397K | ﹤0.01% |
35,136
+12,113
| +53% | +$146K |
|
2867
Banco de Chile
BCH
$20.6B
| $396K | ﹤0.01% |
+19,439
| New | +$401K |
|
2868
PUT
Equinix
EQIX
$99.4B
| $396K | ﹤0.01% |
+1,700
| New | +$385K |
|
|
2869
PUT
Morgan Stanley
MS
$319B
| $396K | ﹤0.01% |
+11,100
| New | +$398K |
|
|
CSOD
2870
CALL
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $396K | ﹤0.01% |
13,700
+6,900
| +101% | +$225K |
|
|
RYL
2871
PUT
DELISTED
RYLAND GROUP INC
RYL
| $395K | ﹤0.01% |
8,100
-13,300
| -62% | -$569K |
|
2872
Compugen
CGEN
$212M
| $394K | ﹤0.01% |
55,927
+29,919
| +115% | +$245K |
|
|
AXAS
2873
DELISTED
Abraxas Petroleum Corp
AXAS
| $394K | ﹤0.01% |
6,055
-1,559
| -20% | -$96.6K |
|
2874
CALL
Assured Guaranty
AGO
$3.73B
| $393K | ﹤0.01% |
14,900
-400
| -3% | -$10.3K |
|
|
TRNX
2875
DELISTED
TORNIER N V SHARES (NLD)
TRNX
| $393K | ﹤0.01% |
15,000
-392,181
| -96% | -$9.93M |
|
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.