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 | |
|---|---|---|---|---|---|---|
1276
Marriott Vacations Worldwide
VAC
$3.4B
| $6.49M | 0.01% |
80,114
+66,477
| +487% | +$5.14M |
|
|
VRE
1277
DELISTED
Veris Residential
VRE
| $6.44M | 0.01% |
334,031
-404,655
| -55% | -$7.82M |
|
|
AUO
1278
DELISTED
AU Optronics Corp
AUO
| $6.44M | 0.01% |
1,284,915
+698,809
| +119% | +$3.73M |
|
|
EMC
1279
CALL
DELISTED
EMC CORPORATION
EMC
| $6.43M | 0.01% |
251,700
-600
| -0.2% | -$16.5K |
|
1280
Unifirst Corp
UNF
$5.38B
| $6.39M | 0.01% |
54,272
+21,531
| +66% | +$2.54M |
|
1281
Manitowoc
MTW
$521M
| $6.38M | 0.01% |
326,666
-1,134,093
| -78% | -$21.3M |
|
1282
Eaton
ETN
$155B
| $6.38M | 0.01% |
93,837
-65,338
| -41% | -$4.44M |
|
|
ASCMA
1283
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
| $6.37M | 0.01% |
159,949
+124,255
| +348% | +$5.53M |
|
1284
Silicon Laboratories
SLAB
$7.17B
| $6.35M | 0.01% |
124,999
-132,396
| -51% | -$6.43M |
|
|
SCAI
1285
DELISTED
Surgical Care Affiliates, Inc.
SCAI
| $6.32M | 0.01% |
184,159
+174,576
| +1,822% | +$5.81M |
|
1286
Universal Corp
UVV
$1.34B
| $6.29M | 0.01% |
133,487
-98,898
| -43% | -$4.37M |
|
|
DDC
1287
DELISTED
Dominion Diamond Corporation
DDC
| $6.28M | 0.01% |
367,577
+169,834
| +86% | +$2.86M |
|
|
AERI
1288
CALL
DELISTED
Aerie Pharmaceuticals
AERI
| $6.27M | 0.01% |
+200,000
| New | +$5.8M |
|
1289
FNB Corp
FNB
$6.73B
| $6.26M | 0.01% |
476,653
+455,853
| +2,192% | +$5.81M |
|
|
TEN
1290
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $6.26M | 0.01% |
108,963
+37,324
| +52% | +$2.07M |
|
1291
Nordson
NDSN
$16.6B
| $6.24M | 0.01% |
79,691
+64,042
| +409% | +$4.85M |
|
|
CTLT
1292
DELISTED
CATALENT, INC.
CTLT
| $6.24M | 0.01% |
+200,379
| New | +$5.77M |
|
|
FNHC
1293
DELISTED
FedNat Holding Company Common Stock
FNHC
| $6.24M | 0.01% |
203,938
+118,965
| +140% | +$3.4M |
|
1294
News Corp Class B
NWS
$16.7B
| $6.23M | 0.01% |
392,402
-90,523
| -19% | -$1.43M |
|
1295
Flex
FLEX
$40.3B
| $6.21M | 0.01% |
650,178
-450,557
| -41% | -$3.95M |
|
|
MR
1296
DELISTED
Montage Resources Corporation Common Stock
MR
| $6.19M | 0.01% |
73,454
+67,385
| +1,110% | +$6.43M |
|
|
MWW
1297
DELISTED
Monster Worldwide Inc
MWW
| $6.19M | 0.01% |
+976,143
| New | +$5.35M |
|
|
ISIL
1298
DELISTED
Intersil Corp
ISIL
| $6.19M | 0.01% |
431,956
+111,996
| +35% | +$1.66M |
|
|
ANH
1299
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $6.16M | 0.01% |
1,210,372
+423,913
| +54% | +$2.2M |
|
1300
Radian Group
RDN
$5.23B
| $6.14M | 0.01% |
+365,822
| New | +$5.96M |
|
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.