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 | |
|---|---|---|---|---|---|---|
|
GNMX
3301
DELISTED
Aevi Genomic Medicine Inc
GNMX
| $194K | ﹤0.01% |
24,108
+13,724
| +132% | +$104K |
|
3302
NewtekOne
NEWT
$425M
| $193K | ﹤0.01% |
11,686
+1,386
| +13% | +$22.3K |
|
|
AGRX
3303
DELISTED
Agile Therapeutics
AGRX
| $193K | ﹤0.01% |
+10
| New | +$175K |
|
|
ABDC
3304
DELISTED
Alcentra Capital Corp
ABDC
| $193K | ﹤0.01% |
+14,534
| New | +$195K |
|
3305
Apyx Medical
APYX
$163M
| $191K | ﹤0.01% |
80,000
-27,500
| -26% | -$91.4K |
|
|
NPTN
3306
DELISTED
NEOPHOTONICS CORP
NPTN
| $191K | ﹤0.01% |
28,330
-446
| -2% | -$1.79K |
|
|
SHLO
3307
DELISTED
Shiloh Industries Inc
SHLO
| $189K | ﹤0.01% |
13,426
-1,676
| -11% | -$22.4K |
|
|
VMEM
3308
DELISTED
VIOLIN MEMORY, INC.
VMEM
| $189K | ﹤0.01% |
+12,500
| New | +$199K |
|
|
MORE
3309
DELISTED
Monogram Residential Trust, Inc.
MORE
| $186K | ﹤0.01% |
20,000
-270,000
| -93% | -$2.5M |
|
3310
CVB Financial
CVBF
$4.02B
| $185K | ﹤0.01% |
+11,628
| New | +$180K |
|
3311
Verastem
VSTM
$547M
| $184K | ﹤0.01% |
1,510
-6,717
| -82% | -$704K |
|
|
STCN
3312
DELISTED
Steel Connect, Inc. Common Stock
STCN
| $184K | ﹤0.01% |
5,118
+3,321
| +185% | +$115K |
|
|
PFNX
3313
DELISTED
Pfenex Inc.
PFNX
| $183K | ﹤0.01% |
+11,511
| New | +$127K |
|
|
LBAI
3314
DELISTED
Lakeland Bancorp Inc
LBAI
| $179K | ﹤0.01% |
+15,600
| New | +$174K |
|
|
CVO
3315
DELISTED
Cenevo, Inc.
CVO
| $179K | ﹤0.01% |
10,433
+7,786
| +294% | +$126K |
|
3316
Lee Enterprises
LEE
$177M
| $178K | ﹤0.01% |
5,623
-1,923
| -25% | -$59.2K |
|
|
DS
3317
DELISTED
Drive Shack Inc.
DS
| $178K | ﹤0.01% |
36,600
-2,229,739
| -98% | -$10.2M |
|
|
TLGT
3318
DELISTED
Teligent, Inc
TLGT
| $178K | ﹤0.01% |
+2,176
| New | +$210K |
|
|
GDP
3319
CALL
DELISTED
GOODRICH PETROLEUM CORP(NEW)
GDP
| $178K | ﹤0.01% |
+50,000
| New | +$166K |
|
3320
StealthGas
GASS
$329M
| $175K | ﹤0.01% |
26,784
+4,788
| +22% | +$28.8K |
|
3321
Richardson Electronics
RELL
$273M
| $175K | ﹤0.01% |
19,500
-10,579
| -35% | -$98.4K |
|
|
LGTY
3322
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $175K | ﹤0.01% |
17,151
+4,645
| +37% | +$43K |
|
3323
MBIA
MBI
$278M
| $174K | ﹤0.01% |
18,723
-772,516
| -98% | -$6.88M |
|
|
CIO
3324
DELISTED
City Office REIT
CIO
| $170K | ﹤0.01% |
13,319
+1,519
| +13% | +$19.3K |
|
|
GUID
3325
DELISTED
Guidance Software, Inc.
GUID
| $169K | ﹤0.01% |
31,263
+17,985
| +135% | +$110K |
|
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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.