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 | |
|---|---|---|---|---|---|---|
|
CELG
1326
PUT
DELISTED
Celgene Corp
CELG
| $5.86M | 0.01% |
+50,800
| New | +$6.07M |
|
1327
United Parks & Resorts
PRKS
$2.15B
| $5.84M | 0.01% |
303,171
-1,194,242
| -80% | -$22M |
|
1328
Align Technology
ALGN
$12.4B
| $5.84M | 0.01% |
108,582
-136,762
| -56% | -$7.79M |
|
1329
State Street SPDR S&P Regional Banking ETF
KRE
$4.51B
| $5.81M | 0.01% |
142,403
-322,803
| -69% | -$12.7M |
|
1330
Belden
BDC
$4.02B
| $5.79M | 0.01% |
61,853
+27,291
| +79% | +$2.35M |
|
|
AXE
1331
DELISTED
Anixter International Inc
AXE
| $5.79M | 0.01% |
76,012
-72,634
| -49% | -$5.67M |
|
|
KG
1332
Kestrel Group
KG
$68.1M
| $5.78M | 0.01% |
19,471
-3,296
| -14% | -$908K |
|
|
RPRX
1333
DELISTED
Repros Therapeutics Inc.
RPRX
| $5.76M | 0.01% |
671,157
+287,553
| +75% | +$2.57M |
|
|
HSNI
1334
DELISTED
HSN, Inc.
HSNI
| $5.76M | 0.01% |
84,406
+76,466
| +963% | +$5.38M |
|
|
OPB
1335
DELISTED
Opus Bank Common Stock
OPB
| $5.74M | 0.01% |
185,920
+21,644
| +13% | +$612K |
|
1336
McCormick & Company Non-Voting
MKC
$13.9B
| $5.74M | 0.01% |
148,770
-254,940
| -63% | -$9.46M |
|
1337
Columbia Banking Systems
COLB
$8.78B
| $5.72M | 0.01% |
197,609
-735,471
| -79% | -$20.2M |
|
|
ANAT
1338
DELISTED
American National Group, Inc. Common Stock
ANAT
| $5.71M | 0.01% |
+58,053
| New | +$5.97M |
|
1339
Stratasys
SSYS
$692M
| $5.71M | 0.01% |
+108,123
| New | +$7.16M |
|
1340
Sociedad Química y Minera de Chile
SQM
$19.1B
| $5.71M | 0.01% |
321,085
+142,467
| +80% | +$3.25M |
|
1341
Live Nation Entertainment
LYV
$42.4B
| $5.7M | 0.01% |
225,991
+202,162
| +848% | +$5.1M |
|
|
NE
1342
PUT
DELISTED
Noble Corporation
NE
| $5.7M | 0.01% |
398,900
-155,100
| -28% | -$2.52M |
|
|
CIR
1343
DELISTED
CIRCOR International, Inc
CIR
| $5.69M | 0.01% |
104,039
-91,360
| -47% | -$4.85M |
|
1344
iShares MSCI Emerging Markets ETF
EEM
$28B
| $5.69M | 0.01% |
+141,700
| New | +$5.64M |
|
|
MDAS
1345
DELISTED
MEDASSETS INC COM STK (DE)
MDAS
| $5.67M | 0.01% |
301,386
+29,715
| +11% | +$565K |
|
1346
ENI
E
$73.7B
| $5.64M | 0.01% |
162,988
-278,866
| -63% | -$9.68M |
|
1347
EastGroup Properties
EGP
$11.4B
| $5.64M | 0.01% |
93,804
+5,340
| +6% | +$336K |
|
1348
PUT
State Street SPDR S&P Biotech ETF
XBI
$10B
| $5.64M | 0.01% |
75,000
-75,000
| -50% | -$5.24M |
|
|
CNCE
1349
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $5.63M | 0.01% |
371,822
+129,742
| +54% | +$1.81M |
|
1350
PUT
American International
AIG
$42.6B
| $5.63M | 0.01% |
+102,700
| New | +$5.51M |
|
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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.