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 | |
|---|---|---|---|---|---|---|
3101
CBIZ
CBZ
$2.51B
| $266K | ﹤0.01% |
28,479
+12,292
| +76% | +$107K |
|
3102
PUT
Hasbro
HAS
$13.6B
| $266K | ﹤0.01% |
+4,200
| New | +$246K |
|
3103
Hurco Companies Inc
HURC
$135M
| $266K | ﹤0.01% |
8,065
-5,175
| -39% | -$177K |
|
|
AAC
3104
DELISTED
AAC Holdings
AAC
| $266K | ﹤0.01% |
8,696
+1,611
| +23% | +$47.2K |
|
|
JWN
3105
PUT
DELISTED
Nordstrom
JWN
| $265K | ﹤0.01% |
+3,300
| New | +$261K |
|
3106
CALL
Thor Industries
THO
$4.13B
| $265K | ﹤0.01% |
4,200
-23,800
| -85% | -$1.42M |
|
|
GLOP
3107
DELISTED
GASLOG PARTNERS LP
GLOP
| $265K | ﹤0.01% |
+10,771
| New | +$260K |
|
|
BONT
3108
DELISTED
Bon-Ton Stores Inc/The
BONT
| $265K | ﹤0.01% |
38,112
-16,599
| -30% | -$97.7K |
|
|
RT
3109
DELISTED
Ruby Tuesday Georgia
RT
| $264K | ﹤0.01% |
43,881
-416,432
| -90% | -$2.64M |
|
|
CGG
3110
DELISTED
CGG
CGG
| $264K | ﹤0.01% |
1,446
-894
| -38% | -$179K |
|
3111
FTI Consulting
FCN
$5.04B
| $263K | ﹤0.01% |
7,024
-764,491
| -99% | -$28.9M |
|
3112
PUT
Newmont
NEM
$96.4B
| $263K | ﹤0.01% |
12,100
-44,900
| -79% | -$1.05M |
|
3113
CALL
Texas Instruments
TXN
$253B
| $263K | ﹤0.01% |
+4,600
| New | +$258K |
|
|
ARQL
3114
DELISTED
Arqule Inc
ARQL
| $263K | ﹤0.01% |
117,372
-44,786
| -28% | -$71.3K |
|
|
GEVA
3115
PUT
DELISTED
SYNAGEVA BIOPHARMA CORP COM STK (DE)
GEVA
| $263K | ﹤0.01% |
+2,700
| New | +$286K |
|
3116
PUT
lululemon athletica
LULU
$13.7B
| $262K | ﹤0.01% |
4,100
-122,000
| -97% | -$7.82M |
|
|
REIS
3117
DELISTED
Reis, Inc.
REIS
| $262K | ﹤0.01% |
+10,226
| New | +$249K |
|
3118
iShares MSCI Japan ETF
EWJ
$21.3B
| $261K | ﹤0.01% |
5,200
-138,427
| -96% | -$6.62M |
|
|
ONE
3119
DELISTED
HIGHER ONE HOLDINGS, INC COM STK
ONE
| $261K | ﹤0.01% |
107,723
-254,522
| -70% | -$835K |
|
|
HGT
3120
DELISTED
Hugoton Royalty Trust
HGT
| $260K | ﹤0.01% |
44,551
+29,743
| +201% | +$221K |
|
3121
PUT
Boston Scientific
BSX
$68.5B
| $259K | ﹤0.01% |
14,600
+3,900
| +36% | +$61.6K |
|
3122
First Northwest Bancorp
FNWB
$112M
| $259K | ﹤0.01% |
+20,740
| New | +$258K |
|
3123
iShares Global Healthcare ETF
IXJ
$4.18B
| $259K | ﹤0.01% |
4,800
+600
| +14% | +$31.5K |
|
3124
CALL
Mastercard
MA
$497B
| $259K | ﹤0.01% |
+3,000
| New | +$260K |
|
3125
PUT
Methode Electronics
MEI
$525M
| $259K | ﹤0.01% |
+5,500
| New | +$220K |
|
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.