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 | |
|---|---|---|---|---|---|---|
|
PPS
1001
DELISTED
Post Properties
PPS
| $10.2M | 0.02% |
179,236
-174,615
| -49% | -$10.3M |
|
1002
State Street SPDR S&P Retail ETF
XRT
$448M
| $10.2M | 0.02% |
+201,802
| New | +$9.8M |
|
|
ATML
1003
DELISTED
ATMEL CORP
ATML
| $10.2M | 0.02% |
1,237,244
-144,449
| -10% | -$1.21M |
|
|
EPE
1004
DELISTED
EP Energy Corporation
EPE
| $10.2M | 0.02% |
970,184
+384,093
| +66% | +$4.05M |
|
|
MNK
1005
CALL
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $10.1M | 0.02% |
+80,000
| New | +$9.14M |
|
1006
AptarGroup
ATR
$8.51B
| $10.1M | 0.02% |
159,427
+78,176
| +96% | +$5.03M |
|
|
GLOG
1007
DELISTED
GASLOG LTD
GLOG
| $10.1M | 0.02% |
521,203
+59,998
| +13% | +$1.13M |
|
|
AGTC
1008
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $10.1M | 0.02% |
504,410
+299,525
| +146% | +$6.7M |
|
|
HI
1009
DELISTED
Hillenbrand
HI
| $10.1M | 0.02% |
325,861
+208,008
| +176% | +$6.54M |
|
1010
Curtiss-Wright
CW
$27.5B
| $10M | 0.02% |
135,808
+51,224
| +61% | +$3.58M |
|
|
SKX
1011
DELISTED
Skechers
SKX
| $10M | 0.02% |
418,617
-544,374
| -57% | -$11.7M |
|
1012
John Wiley & Sons Class A
WLY
$2.59B
| $10M | 0.02% |
163,915
+121,835
| +290% | +$7.48M |
|
|
CCRN
1013
DELISTED
Cross Country Healthcare
CCRN
| $10M | 0.02% |
843,911
+501,297
| +146% | +$5.74M |
|
1014
Kratos Defense & Security Solutions
KTOS
$9.27B
| $9.99M | 0.02% |
1,805,902
-47,877
| -3% | -$258K |
|
1015
Enova International
ENVA
$6.27B
| $9.97M | 0.02% |
506,139
-387,422
| -43% | -$8.44M |
|
1016
Oxford Industries
OXM
$602M
| $9.95M | 0.02% |
131,811
+69,856
| +113% | +$3.93M |
|
|
TFM
1017
DELISTED
THE FRESH MARKET, INC COM STK
TFM
| $9.93M | 0.02% |
244,246
+212,765
| +676% | +$8.29M |
|
1018
State Street Health Care Select Sector SPDR ETF
XLV
$42.2B
| $9.91M | 0.02% |
136,636
+112,633
| +469% | +$8.03M |
|
|
K
1019
CALL
DELISTED
Kellanova
K
| $9.89M | 0.02% |
159,750
-134,084
| -46% | -$8.2M |
|
1020
Heron Therapeutics
HRTX
$86.9M
| $9.84M | 0.02% |
676,152
+427,795
| +172% | +$4.82M |
|
1021
APA Corp
APA
$12.3B
| $9.8M | 0.02% |
162,409
-291,000
| -64% | -$18.3M |
|
|
CEB
1022
DELISTED
CEB Inc.
CEB
| $9.78M | 0.02% |
122,491
-22,158
| -15% | -$1.67M |
|
1023
Euronet Worldwide
EEFT
$3.01B
| $9.78M | 0.02% |
166,486
+135,818
| +443% | +$7.19M |
|
1024
Cintas
CTAS
$84.4B
| $9.78M | 0.02% |
479,052
-1,739,372
| -78% | -$35.3M |
|
|
VIAB
1025
DELISTED
Viacom Inc. Class B
VIAB
| $9.77M | 0.02% |
142,979
+104,564
| +272% | +$7.22M |
|
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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.