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 | |
|---|---|---|---|---|---|---|
|
PDLI
1076
DELISTED
PDL BioPharma, Inc.
PDLI
| $8.97M | 0.02% |
1,274,446
+1,001,340
| +367% | +$7.25M |
|
|
DRE
1077
DELISTED
Duke Realty Corp.
DRE
| $8.96M | 0.02% |
411,777
-1,928,516
| -82% | -$41.4M |
|
|
NXGN
1078
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $8.96M | 0.02% |
560,849
-648,633
| -54% | -$10.7M |
|
|
VIVO
1079
DELISTED
Meridian Bioscience Inc
VIVO
| $8.94M | 0.02% |
468,457
-110,126
| -19% | -$2.04M |
|
1080
Tractor Supply
TSCO
$16.7B
| $8.91M | 0.02% |
523,950
+296,100
| +130% | +$4.95M |
|
1081
Insperity
NSP
$1.92B
| $8.9M | 0.02% |
340,592
+296,284
| +669% | +$6.9M |
|
1082
Arrow Electronics
ARW
$10.9B
| $8.89M | 0.02% |
145,470
-27,466
| -16% | -$1.63M |
|
|
AGEN
1083
Agenus
AGEN
$255M
| $8.89M | 0.02% |
88,285
+71,923
| +440% | +$7.19M |
|
|
INFO
1084
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $8.88M | 0.02% |
330,173
+294,811
| +834% | +$7.79M |
|
|
TTPH
1085
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $8.85M | 0.02% |
12,081
-15,671
| -56% | -$11.8M |
|
1086
Matsons
MATX
$6.22B
| $8.84M | 0.02% |
209,666
-20,451
| -9% | -$777K |
|
|
CSG
1087
DELISTED
CHAMBERS STR PPTYS COM
CSG
| $8.83M | 0.02% |
1,120,133
-4,214,564
| -79% | -$34.6M |
|
1088
Stellantis
STLA
$16.5B
| $8.81M | 0.02% |
828,063
-4,276,441
| -84% | -$40M |
|
1089
Federal Signal
FSS
$7.22B
| $8.8M | 0.02% |
557,210
+143,037
| +35% | +$2.23M |
|
|
ENDP
1090
DELISTED
Endo International plc
ENDP
| $8.79M | 0.02% |
97,972
+78,372
| +400% | +$6.56M |
|
1091
CALL
AbbVie
ABBV
$454B
| $8.78M | 0.02% |
150,000
-50,000
| -25% | -$3.02M |
|
|
DBVT
1092
DBV Technologies
DBVT
$823M
| $8.78M | 0.02% |
37,586
+20,793
| +124% | +$4.93M |
|
1093
Kite Realty
KRG
$5.99B
| $8.75M | 0.02% |
310,728
-560,021
| -64% | -$16.2M |
|
|
GHDX
1094
DELISTED
Genomic Health, Inc.
GHDX
| $8.72M | 0.02% |
285,357
-301,836
| -51% | -$9.6M |
|
1095
TSMC
TSM
$2.07T
| $8.71M | 0.02% |
371,181
-592,649
| -61% | -$14M |
|
|
ACC
1096
DELISTED
American Campus Communities, Inc.
ACC
| $8.71M | 0.02% |
203,230
-245,904
| -55% | -$10.5M |
|
|
KRFT
1097
PUT
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $8.71M | 0.02% |
100,000
+86,200
| +625% | +$5.69M |
|
1098
CALL
GE Aerospace
GE
$375B
| $8.68M | 0.02% |
73,032
| – | – |
|
1099
American International
AIG
$42B
| $8.67M | 0.02% |
158,322
-282,156
| -64% | -$15.1M |
|
1100
Royal Caribbean
RCL
$81.8B
| $8.67M | 0.02% |
105,896
+103,163
| +3,775% | +$8.16M |
|
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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.