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 | |
|---|---|---|---|---|---|---|
|
WPG
1126
DELISTED
Washington Prime Group Inc.
WPG
| $8.34M | 0.02% |
55,702
-82,411
| -60% | -$12.8M |
|
1127
Aflac
AFL
$64.4B
| $8.32M | 0.02% |
260,118
+242,884
| +1,409% | +$7.41M |
|
1128
Alnylam Pharmaceuticals
ALNY
$37.2B
| $8.3M | 0.02% |
+79,515
| New | +$8.06M |
|
1129
Selective Insurance
SIGI
$5.53B
| $8.29M | 0.02% |
285,459
-15,625
| -5% | -$430K |
|
1130
Rogers Corp
ROG
$2.31B
| $8.28M | 0.02% |
100,693
+24,965
| +33% | +$1.96M |
|
1131
Ecolab
ECL
$76.4B
| $8.27M | 0.02% |
72,303
-353,773
| -83% | -$38.8M |
|
|
NLSN
1132
DELISTED
Nielsen Holdings plc
NLSN
| $8.26M | 0.02% |
185,249
+111,099
| +150% | +$4.89M |
|
1133
CALL
Walmart Inc
WMT
$889B
| $8.22M | 0.02% |
+300,000
| New | +$8.51M |
|
|
B
1134
DELISTED
Barnes Group Inc.
B
| $8.21M | 0.02% |
202,803
+130,423
| +180% | +$4.91M |
|
|
MASI
1135
DELISTED
Masimo
MASI
| $8.18M | 0.02% |
248,139
+180,044
| +264% | +$5.18M |
|
|
RHT
1136
DELISTED
Red Hat Inc
RHT
| $8.18M | 0.02% |
108,000
-211,701
| -66% | -$14.3M |
|
1137
Enanta Pharmaceuticals
ENTA
$370M
| $8.17M | 0.02% |
266,927
+256,927
| +2,569% | +$10M |
|
|
GRA
1138
DELISTED
W.R. Grace & Co.
GRA
| $8.16M | 0.02% |
82,561
+27,072
| +49% | +$2.58M |
|
|
XNPT
1139
DELISTED
XENOPORT, INC.
XNPT
| $8.16M | 0.02% |
1,146,133
+78,869
| +7% | +$612K |
|
1140
G-III Apparel Group
GIII
$1.52B
| $8.15M | 0.02% |
144,742
+95,502
| +194% | +$4.92M |
|
1141
Avanos Medical
AVNS
$1.17B
| $8.15M | 0.02% |
165,692
+69,237
| +72% | +$3.21M |
|
1142
Kulicke & Soffa
KLIC
$5.14B
| $8.14M | 0.02% |
520,564
+363,445
| +231% | +$5.64M |
|
1143
Caleres
CAL
$420M
| $8.13M | 0.02% |
247,843
-118,563
| -32% | -$3.62M |
|
1144
Keysight
KEYS
$53.6B
| $8.11M | 0.02% |
218,306
+60,088
| +38% | +$2.17M |
|
|
TWTR
1145
DELISTED
Twitter, Inc.
TWTR
| $8.05M | 0.02% |
160,726
+6,366
| +4% | +$282K |
|
|
LO
1146
DELISTED
LORILLARD INC COM STK
LO
| $8.04M | 0.02% |
122,999
-313,108
| -72% | -$20.8M |
|
|
DRC
1147
CALL
DELISTED
DRESSER-RAND GROUP INC
DRC
| $8.04M | 0.02% |
+100,000
| New | +$8.1M |
|
1148
PUT
Prudential Financial
PRU
$42.3B
| $8.03M | 0.01% |
+100,000
| New | +$8.1M |
|
|
YELL
1149
DELISTED
Yellow Corporation Common Stock
YELL
| $8.03M | 0.01% |
447,076
+271,619
| +155% | +$5.03M |
|
1150
Trane Technologies
TT
$107B
| $8.03M | 0.01% |
117,924
-606,135
| -84% | -$40M |
|
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.