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 | |
|---|---|---|---|---|---|---|
1401
EOG Resources
EOG
$74.4B
| $5.07M | 0.01% |
55,270
+52,070
| +1,627% | +$4.7M |
|
|
ECYT
1402
DELISTED
Endocyte, Inc. Common Stock
ECYT
| $5.07M | 0.01% |
809,632
-81,710
| -9% | -$472K |
|
1403
MiMedx Group
MDXG
$652M
| $5.06M | 0.01% |
486,477
+321,478
| +195% | +$3.01M |
|
1404
Stepan Co
SCL
$1.32B
| $5.06M | 0.01% |
121,371
-26,944
| -18% | -$1.07M |
|
1405
PUT
United States Oil Fund
USO
$2B
| $5.05M | 0.01% |
37,500
-1,875
| -5% | -$270K |
|
1406
Liberty Broadband Class C
LBRDK
$4.71B
| $5.05M | 0.01% |
89,249
+47,838
| +116% | +$2.42M |
|
1407
First Bancorp
FBP
$4.47B
| $5.03M | 0.01% |
810,845
+187,701
| +30% | +$1.14M |
|
1408
Rush Enterprises Class A
RUSHA
$6.12B
| $5.02M | 0.01% |
412,864
+45,682
| +12% | +$578K |
|
|
TLM
1409
PUT
DELISTED
TALISMAN ENERGY INC
TLM
| $4.99M | 0.01% |
650,000
+550,000
| +550% | +$4.2M |
|
1410
Pentair
PNR
$10.8B
| $4.97M | 0.01% |
117,720
+89,280
| +314% | +$3.88M |
|
1411
Barrett Business Services
BBSI
$1.01B
| $4.96M | 0.01% |
463,600
+9,912
| +2% | +$89.8K |
|
|
CLD
1412
DELISTED
Cloud Peak Energy Inc
CLD
| $4.95M | 0.01% |
849,927
+641,005
| +307% | +$4.73M |
|
1413
CoreCivic
CXW
$3.03B
| $4.92M | 0.01% |
122,253
-215,815
| -64% | -$8.5M |
|
|
PTX
1414
DELISTED
Pernix Therapeutics Holdings, Inc.
PTX
| $4.92M | 0.01% |
45,993
+31,086
| +209% | +$2.96M |
|
1415
CALL
Palo Alto Networks
PANW
$260B
| $4.91M | 0.01% |
201,600
+189,600
| +1,580% | +$4.24M |
|
1416
Essential Utilities
WTRG
$11.5B
| $4.91M | 0.01% |
186,176
+153,615
| +472% | +$4.09M |
|
1417
GSI Technology
GSIT
$211M
| $4.91M | 0.01% |
831,416
-103,972
| -11% | -$570K |
|
1418
Telefônica Brasil
VIV
$21.1B
| $4.88M | 0.01% |
318,902
-123,256
| -28% | -$2.18M |
|
1419
Lesaka Technologies
LSAK
$393M
| $4.87M | 0.01% |
356,033
-136,497
| -28% | -$1.78M |
|
1420
Agree Realty
ADC
$9.72B
| $4.87M | 0.01% |
147,615
+63,975
| +76% | +$2.13M |
|
1421
Renasant Corp
RNST
$4.06B
| $4.85M | 0.01% |
161,418
-63,104
| -28% | -$1.78M |
|
1422
IMAX
IMAX
$2.58B
| $4.85M | 0.01% |
143,864
+105,035
| +271% | +$3.49M |
|
1423
MillerKnoll
MLKN
$1.6B
| $4.84M | 0.01% |
174,236
+275
| +0.2% | +$8.05K |
|
1424
Fresenius Medical Care
FMS
$13.3B
| $4.83M | 0.01% |
116,561
+71,932
| +161% | +$2.78M |
|
1425
Ashland
ASH
$3.1B
| $4.83M | 0.01% |
77,513
-453,512
| -85% | -$27.5M |
|
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.