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 | |
|---|---|---|---|---|---|---|
1351
Lincoln National
LNC
$8.15B
| $5.61M | 0.01% |
97,621
-240,132
| -71% | -$13.4M |
|
1352
BHP
BHP
$213B
| $5.61M | 0.01% |
142,651
-548,679
| -79% | -$22.3M |
|
|
FOE
1353
DELISTED
Ferro Corporation
FOE
| $5.57M | 0.01% |
443,839
+184,385
| +71% | +$2.26M |
|
1354
Enbridge
ENB
$121B
| $5.57M | 0.01% |
+114,819
| New | +$5.52M |
|
1355
Rithm Capital
RITM
$5.47B
| $5.57M | 0.01% |
370,458
-202,650
| -35% | -$2.8M |
|
|
SYKE
1356
DELISTED
SYKES Enterprises Inc
SYKE
| $5.56M | 0.01% |
223,696
+120,026
| +116% | +$2.82M |
|
|
CAVM
1357
DELISTED
Cavium, Inc.
CAVM
| $5.56M | 0.01% |
78,457
-138,856
| -64% | -$9.01M |
|
|
CDK
1358
DELISTED
CDK Global, Inc.
CDK
| $5.55M | 0.01% |
118,611
-22,672
| -16% | -$1.03M |
|
|
IM
1359
DELISTED
Ingram Micro
IM
| $5.53M | 0.01% |
220,194
-291,916
| -57% | -$7.43M |
|
|
MR
1360
DELISTED
MINDRAY MED INTL LTD SPONSORED ADR REPSTG CL A
MR
| $5.52M | 0.01% |
201,973
-204,899
| -50% | -$5.64M |
|
1361
W&T Offshore
WTI
$472M
| $5.51M | 0.01% |
1,079,072
+777,405
| +258% | +$4.51M |
|
1362
Vince Holding Corp
VNCE
$77.7M
| $5.5M | 0.01% |
29,652
+10,191
| +52% | +$2.28M |
|
1363
Huntington Ingalls Industries
HII
$11.4B
| $5.5M | 0.01% |
39,208
-63,599
| -62% | -$8.19M |
|
|
SPIL
1364
DELISTED
Siliconware Precision Industries Co Ltd
SPIL
| $5.48M | 0.01% |
+669,710
| New | +$5.67M |
|
|
HW
1365
DELISTED
Headwaters Inc
HW
| $5.48M | 0.01% |
298,564
+9,808
| +3% | +$154K |
|
|
SRNE
1366
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $5.46M | 0.01% |
472,684
+443,723
| +1,532% | +$5.13M |
|
|
TE
1367
DELISTED
TECO ENERGY INC
TE
| $5.44M | 0.01% |
280,371
-789,214
| -74% | -$15.9M |
|
|
TUES
1368
DELISTED
Tuesday Morning Corp
TUES
| $5.42M | 0.01% |
+336,975
| New | +$6.36M |
|
|
ESPR
1369
DELISTED
Esperion Therapeutics
ESPR
| $5.41M | 0.01% |
58,444
+49,582
| +559% | +$3.2M |
|
|
SJI
1370
DELISTED
South Jersey Industries, Inc.
SJI
| $5.41M | 0.01% |
199,308
+86,956
| +77% | +$2.48M |
|
|
BPL
1371
CALL
DELISTED
Buckeye Partners, L.P.
BPL
| $5.41M | 0.01% |
71,600
-194,800
| -73% | -$14.6M |
|
|
UNIS
1372
DELISTED
Unilife Corporation
UNIS
| $5.4M | 0.01% |
+134,684
| New | +$5.39M |
|
1373
CALL
Cenovus Energy
CVE
$51.4B
| $5.39M | 0.01% |
319,100
-124,100
| -28% | -$2.29M |
|
|
UAM
1374
DELISTED
Universal American Corp
UAM
| $5.38M | 0.01% |
503,679
+127,935
| +34% | +$1.2M |
|
|
HIMX
1375
Himax Technologies
HIMX
$2.09B
| $5.35M | 0.01% |
844,667
+384,617
| +84% | +$2.93M |
|
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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.