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 | |
|---|---|---|---|---|---|---|
|
STML
1426
DELISTED
Stemline Therapeutics, Inc.
STML
| $4.82M | 0.01% |
333,412
+170,005
| +104% | +$2.6M |
|
1427
CALL
Devon Energy
DVN
$49.2B
| $4.81M | 0.01% |
79,800
-238,700
| -75% | -$14.6M |
|
1428
Covenant Logistics
CVLG
$1.09B
| $4.81M | 0.01% |
289,930
-106,538
| -27% | -$1.62M |
|
1429
Valmont Industries
VMI
$9.33B
| $4.8M | 0.01% |
39,093
+6,467
| +20% | +$793K |
|
1430
iShares Core S&P Small-Cap ETF
IJR
$110B
| $4.8M | 0.01% |
81,370
+53,238
| +189% | +$3.05M |
|
1431
Emcor
EME
$31.4B
| $4.8M | 0.01% |
103,231
+32,965
| +47% | +$1.43M |
|
|
GNMK
1432
DELISTED
GenMark Diagnostics, Inc
GNMK
| $4.79M | 0.01% |
369,026
-114,079
| -24% | -$1.49M |
|
|
WBMD
1433
DELISTED
WebMD Health Corp.
WBMD
| $4.79M | 0.01% |
109,227
-243,956
| -69% | -$10.1M |
|
1434
Moog Inc Class A
MOG.A
$13.1B
| $4.79M | 0.01% |
63,769
-77,495
| -55% | -$5.73M |
|
1435
uniQure
QURE
$2.52B
| $4.75M | 0.01% |
195,248
+51,097
| +35% | +$1.11M |
|
1436
Amphenol
APH
$177B
| $4.73M | 0.01% |
320,860
-707,528
| -69% | -$9.91M |
|
1437
PUT
Puma Biotechnology
PBYI
$406M
| $4.72M | 0.01% |
20,000
+12,400
| +163% | +$2.65M |
|
|
VXX
1438
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $4.71M | 0.01% |
11,493
-16,604
| -59% | -$8.06M |
|
1439
Black Hills Corp
BKH
$5.69B
| $4.71M | 0.01% |
93,405
-91,634
| -50% | -$4.62M |
|
1440
Geron
GERN
$930M
| $4.7M | 0.01% |
1,246,848
+903,475
| +263% | +$3.07M |
|
|
VA
1441
DELISTED
Virgin America Inc.
VA
| $4.7M | 0.01% |
+154,619
| New | +$5.54M |
|
|
CNR
1442
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $4.7M | 0.01% |
271,921
+123,502
| +83% | +$2.06M |
|
1443
iShares MSCI Taiwan ETF
EWT
$9.59B
| $4.69M | 0.01% |
148,882
+113,030
| +315% | +$3.53M |
|
1444
U-Haul Holding Co
UHAL
$14.3B
| $4.68M | 0.01% |
141,680
-14,630
| -9% | -$452K |
|
1445
National CineMedia
NCMI
$371M
| $4.66M | 0.01% |
30,882
+9,951
| +48% | +$1.48M |
|
|
DFRG
1446
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $4.66M | 0.01% |
231,178
+192,440
| +497% | +$3.87M |
|
|
PRA
1447
DELISTED
ProAssurance
PRA
| $4.64M | 0.01% |
101,079
+90,386
| +845% | +$4.11M |
|
1448
Haemonetics
HAE
$3.75B
| $4.62M | 0.01% |
102,917
+23,496
| +30% | +$982K |
|
|
NSM
1449
DELISTED
Nationstar Mortgage Holdings
NSM
| $4.62M | 0.01% |
186,591
-814,084
| -81% | -$22.3M |
|
|
SALE
1450
DELISTED
RetailMeNot, Inc. Series 1
SALE
| $4.62M | 0.01% |
256,417
+190,385
| +288% | +$3.11M |
|
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.