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 | |
|---|---|---|---|---|---|---|
|
CHL
1251
DELISTED
China Mobile Limited
CHL
| $6.79M | 0.01% |
104,391
+3,714
| +4% | +$242K |
|
|
UNTD
1252
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $6.78M | 0.01% |
425,818
+72,917
| +21% | +$1.12M |
|
1253
Invesco QQQ Trust
QQQ
$443B
| $6.77M | 0.01% |
64,106
+24,172
| +61% | +$2.54M |
|
1254
Liberty Media Series A
FWONA
$23.3B
| $6.75M | 0.01% |
260,264
+145,948
| +128% | +$3.65M |
|
1255
TC Energy
TRP
$70.9B
| $6.71M | 0.01% |
157,144
+134,532
| +595% | +$6M |
|
1256
Sonoco
SON
$5.94B
| $6.71M | 0.01% |
147,631
-145,426
| -50% | -$6.59M |
|
|
RPT
1257
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $6.71M | 0.01% |
360,813
+157,533
| +77% | +$3.01M |
|
|
NGHC
1258
DELISTED
National General Holdings Corp
NGHC
| $6.7M | 0.01% |
358,428
+57,921
| +19% | +$1.06M |
|
|
FNSR
1259
DELISTED
Finisar Corp
FNSR
| $6.69M | 0.01% |
313,692
+293,192
| +1,430% | +$5.97M |
|
|
SYA
1260
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $6.66M | 0.01% |
283,921
+58,916
| +26% | +$1.32M |
|
|
AAMI
1261
Acadian Asset Management
AAMI
$2.91B
| $6.66M | 0.01% |
357,059
+310,762
| +671% | +$5.21M |
|
|
LORL
1262
DELISTED
Loral Space and Communications, Inc.
LORL
| $6.65M | 0.01% |
97,176
+28,922
| +42% | +$2.09M |
|
1263
PUT
Broadcom
AVGO
$1.8T
| $6.64M | 0.01% |
523,000
+440,000
| +530% | +$5.04M |
|
1264
Carpenter Technology
CRS
$28B
| $6.63M | 0.01% |
170,453
+134,857
| +379% | +$5.45M |
|
|
SWI
1265
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $6.62M | 0.01% |
129,203
-48,710
| -27% | -$2.42M |
|
|
CYN
1266
DELISTED
CITY NATIONAL CORPORATION
CYN
| $6.61M | 0.01% |
74,150
+68,650
| +1,248% | +$5.93M |
|
|
AFFX
1267
DELISTED
Affymetrix Inc
AFFX
| $6.6M | 0.01% |
525,439
-74,546
| -12% | -$865K |
|
1268
Prestige Consumer Healthcare
PBH
$2.45B
| $6.58M | 0.01% |
+153,345
| New | +$5.84M |
|
1269
Camden Property Trust
CPT
$11.4B
| $6.57M | 0.01% |
84,110
-641,331
| -88% | -$49.2M |
|
1270
Arbutus Biopharma
ABUS
$867M
| $6.54M | 0.01% |
+374,757
| New | +$7.68M |
|
1271
Agios Pharmaceuticals
AGIO
$2.14B
| $6.54M | 0.01% |
+69,363
| New | +$7.77M |
|
|
HMHC
1272
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $6.53M | 0.01% |
278,221
+220,451
| +382% | +$4.54M |
|
|
RAX
1273
DELISTED
Rackspace Hosting Inc
RAX
| $6.53M | 0.01% |
126,486
-72,415
| -36% | -$3.56M |
|
|
LCI
1274
DELISTED
Lannett Company, Inc.
LCI
| $6.5M | 0.01% |
24,013
-81,126
| -77% | -$18.4M |
|
1275
Rigel Pharmaceuticals
RIGL
$684M
| $6.49M | 0.01% |
181,879
-15,077
| -8% | -$413K |
|
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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.