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 | |
|---|---|---|---|---|---|---|
1101
Sasol
SSL
$7.34B
| $8.66M | 0.02% |
254,365
+121,929
| +92% | +$4.38M |
|
1102
Estee Lauder
EL
$30.1B
| $8.64M | 0.02% |
103,932
-443,509
| -81% | -$34.9M |
|
1103
Zumiez
ZUMZ
$328M
| $8.61M | 0.02% |
213,893
+204,524
| +2,183% | +$7.93M |
|
|
SLH
1104
DELISTED
SOLERA HOLDINGS, INC. COM
SLH
| $8.61M | 0.02% |
166,596
-696,932
| -81% | -$36.8M |
|
1105
Coherus Oncology
CHRS
$225M
| $8.59M | 0.02% |
+280,999
| New | +$7.26M |
|
|
OMG
1106
DELISTED
OM GROUP INC.
OMG
| $8.57M | 0.02% |
285,370
+176,831
| +163% | +$5.14M |
|
1107
Landstar System
LSTR
$6.5B
| $8.54M | 0.02% |
128,804
-200,499
| -61% | -$13.6M |
|
1108
Green Plains
GPRE
$1.15B
| $8.53M | 0.02% |
298,918
-134,044
| -31% | -$3.35M |
|
1109
CME Group
CME
$92.3B
| $8.52M | 0.02% |
90,000
-267,901
| -75% | -$24.8M |
|
1110
Option Care Health
OPCH
$3.42B
| $8.52M | 0.02% |
480,580
+11,339
| +2% | +$247K |
|
|
ADT
1111
DELISTED
ADT Corp
ADT
| $8.49M | 0.02% |
204,581
+129,052
| +171% | +$4.84M |
|
1112
PUT
Danaher
DHR
$138B
| $8.49M | 0.02% |
+148,783
| New | +$8.54M |
|
1113
Berkshire Hathaway Class A
BRK.A
$1.07T
| $8.48M | 0.02% |
39
-10
| -20% | -$2.21M |
|
1114
Plains GP Holdings
PAGP
$5.16B
| $8.46M | 0.02% |
111,994
+104,435
| +1,382% | +$7.58M |
|
1115
SITE Centers
SITC
$232M
| $8.43M | 0.02% |
351,520
-1,805,356
| -84% | -$44.6M |
|
1116
CALL
Macerich
MAC
$7.41B
| $8.43M | 0.02% |
+100,000
| New | +$8.75M |
|
|
OSG
1117
Octave Specialty Group
OSG
$258M
| $8.41M | 0.02% |
347,544
-205,702
| -37% | -$5.23M |
|
|
MSCC
1118
DELISTED
Microsemi Corp
MSCC
| $8.41M | 0.02% |
237,609
+201,272
| +554% | +$6.23M |
|
1119
Minerals Technologies
MTX
$2.29B
| $8.41M | 0.02% |
115,053
+33,960
| +42% | +$2.3M |
|
|
IMGN
1120
DELISTED
Immunogen Inc
IMGN
| $8.41M | 0.02% |
939,664
-549,771
| -37% | -$3.98M |
|
|
SPN
1121
DELISTED
Superior Energy Services, Inc.
SPN
| $8.4M | 0.02% |
37,606
-379,227
| -91% | -$78.8M |
|
|
TGI
1122
DELISTED
Triumph Group
TGI
| $8.39M | 0.02% |
140,527
-176,080
| -56% | -$10.6M |
|
|
PDM
1123
Piedmont Realty Trust
PDM
$1.22B
| $8.39M | 0.02% |
450,709
+186,544
| +71% | +$3.52M |
|
1124
COPT Defense Properties
CDP
$4.34B
| $8.36M | 0.02% |
284,611
-723,568
| -72% | -$21.4M |
|
1125
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.6B
| $8.36M | 0.02% |
221,942
+58,708
| +36% | +$2.16M |
|
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.