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 | |
|---|---|---|---|---|---|---|
|
RPTP
1051
DELISTED
RAPTOR PHARMACEUTICAL CORP COM STK (DE)
RPTP
| $9.31M | 0.02% |
856,718
+395,543
| +86% | +$4.04M |
|
1052
Dave & Buster's
PLAY
$363M
| $9.28M | 0.02% |
304,576
+146,883
| +93% | +$4.39M |
|
|
CPE
1053
DELISTED
Callon Petroleum Company
CPE
| $9.27M | 0.02% |
124,056
-58,989
| -32% | -$3.83M |
|
1054
Jabil
JBL
$32.6B
| $9.23M | 0.02% |
394,854
-700,647
| -64% | -$15.3M |
|
1055
Signet Jewelers
SIG
$3.72B
| $9.23M | 0.02% |
66,513
-71,912
| -52% | -$8.91M |
|
|
WGL
1056
DELISTED
Wgl Holdings
WGL
| $9.21M | 0.02% |
163,283
+139,851
| +597% | +$7.69M |
|
|
JASO
1057
DELISTED
JA Solar Holdings, Co., Ltd
JASO
| $9.21M | 0.02% |
962,948
+442,754
| +85% | +$3.84M |
|
1058
Gerdau
GGB
$9.48B
| $9.19M | 0.02% |
3,619,874
+1,876,476
| +108% | +$5.21M |
|
|
BEAV
1059
DELISTED
B/E Aerospace Inc
BEAV
| $9.19M | 0.02% |
144,408
-203,948
| -59% | -$12.5M |
|
1060
Acacia Research
ACTG
$447M
| $9.17M | 0.02% |
856,589
+833,300
| +3,578% | +$10.9M |
|
|
LLTC
1061
DELISTED
Linear Technology Corp
LLTC
| $9.15M | 0.02% |
195,459
+174,623
| +838% | +$8.18M |
|
|
CBPX
1062
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $9.11M | 0.02% |
403,230
+205,560
| +104% | +$3.78M |
|
1063
Gentherm
THRM
$1.29B
| $9.11M | 0.02% |
180,319
-151,584
| -46% | -$6.42M |
|
|
HCBK
1064
DELISTED
HUDSON CITY BANCORP INC
HCBK
| $9.11M | 0.02% |
869,013
-3,170,577
| -78% | -$30.9M |
|
1065
Dolby
DLB
$4.85B
| $9.09M | 0.02% |
238,237
+185,625
| +353% | +$7.41M |
|
|
HBI
1066
DELISTED
Hanesbrands
HBI
| $9.09M | 0.02% |
271,173
-681,171
| -72% | -$20.6M |
|
1067
California Water Service
CWT
$3.04B
| $9.09M | 0.02% |
370,723
+21,900
| +6% | +$542K |
|
|
LMOS
1068
DELISTED
Lumos Networks Corp
LMOS
| $9.08M | 0.02% |
595,056
+143,277
| +32% | +$2.42M |
|
|
CHSP
1069
DELISTED
Chesapeake Lodging Trust
CHSP
| $9.07M | 0.02% |
268,242
+201,144
| +300% | +$7.21M |
|
|
SIX
1070
DELISTED
Six Flags Entertainment Corp.
SIX
| $9.05M | 0.02% |
186,912
-109,607
| -37% | -$4.99M |
|
1071
ProShares Ultra Silver
AGQ
$1.18B
| $9.04M | 0.02% |
+216,925
| New | +$9.24M |
|
|
KING
1072
DELISTED
KING DIGITAL ENTMT PLC ORD SHS (IRL)
KING
| $9.03M | 0.02% |
562,941
-290,379
| -34% | -$4.2M |
|
|
LOCK
1073
DELISTED
LifeLock, Inc.
LOCK
| $9.03M | 0.02% |
639,651
+512,648
| +404% | +$7.32M |
|
|
CTIC
1074
DELISTED
CTI BioPharma Corp. (DE) Common Stock
CTIC
| $8.98M | 0.02% |
496,246
+449,095
| +952% | +$10.1M |
|
|
TFCFA
1075
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $8.97M | 0.02% |
265,211
-115,853
| -30% | -$4.02M |
|
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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.