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 | |
|---|---|---|---|---|---|---|
|
SCLN
1451
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $4.62M | 0.01% |
521,132
+253,082
| +94% | +$2.02M |
|
|
SQNM
1452
DELISTED
SEQUENOM INC NEW
SQNM
| $4.61M | 0.01% |
1,167,407
+35,147
| +3% | +$129K |
|
|
VG
1453
DELISTED
Vonage Holdings Corporation
VG
| $4.61M | 0.01% |
938,564
-182,103
| -16% | -$813K |
|
|
HOUS
1454
DELISTED
Anywhere Real Estate
HOUS
| $4.59M | 0.01% |
101,033
+43,786
| +76% | +$2.02M |
|
|
CALD
1455
DELISTED
Callidus Software, Inc.
CALD
| $4.59M | 0.01% |
362,401
+243,668
| +205% | +$3.55M |
|
1456
M/I Homes
MHO
$3.89B
| $4.59M | 0.01% |
192,349
-284,531
| -60% | -$6.22M |
|
|
NSTG
1457
DELISTED
NanoString Technologies, Inc.
NSTG
| $4.57M | 0.01% |
448,405
+41,274
| +10% | +$506K |
|
1458
CALL
VanEck Gold Miners ETF
GDX
$22.7B
| $4.56M | 0.01% |
+250,000
| New | +$5.1M |
|
1459
Apogee Enterprises
APOG
$873M
| $4.56M | 0.01% |
105,454
+62,459
| +145% | +$2.74M |
|
1460
CALL
TechnipFMC
FTI
$28.9B
| $4.56M | 0.01% |
+165,446
| New | +$4.85M |
|
|
KYTH
1461
CALL
DELISTED
KYTHERA BIOPHARMACEUTICALS, INC COM
KYTH
| $4.55M | 0.01% |
+90,800
| New | +$3.81M |
|
1462
Sonic Automotive
SAH
$3.31B
| $4.54M | 0.01% |
182,403
+142,009
| +352% | +$3.59M |
|
|
SKUL
1463
DELISTED
SKULLCANDY INC
SKUL
| $4.53M | 0.01% |
401,170
+283,614
| +241% | +$2.96M |
|
1464
Pegasystems
PEGA
$4.85B
| $4.52M | 0.01% |
415,482
+198
| +0% | +$2.05K |
|
|
RFP
1465
DELISTED
Resolute Forest Products Inc.
RFP
| $4.52M | 0.01% |
261,871
+181,275
| +225% | +$3.12M |
|
|
EQM
1466
DELISTED
EQM Midstream Partners, LP
EQM
| $4.5M | 0.01% |
+58,000
| New | +$4.77M |
|
1467
Avnet
AVT
$7.07B
| $4.49M | 0.01% |
100,999
-41,436
| -29% | -$1.83M |
|
|
HRG
1468
DELISTED
HRG Group, Inc.
HRG
| $4.49M | 0.01% |
359,506
-129,248
| -26% | -$1.63M |
|
|
STI
1469
DELISTED
SunTrust Banks, Inc.
STI
| $4.48M | 0.01% |
109,114
+32,756
| +43% | +$1.33M |
|
|
ORIT
1470
DELISTED
Oritani Financial Corp. New
ORIT
| $4.48M | 0.01% |
307,930
+275,046
| +836% | +$3.98M |
|
1471
PUT
Jefferies Financial Group
JEF
$13.2B
| $4.48M | 0.01% |
+224,431
| New | +$4.64M |
|
|
WPZ
1472
DELISTED
Williams Partners L.P.
WPZ
| $4.43M | 0.01% |
+90,000
| New | +$4.39M |
|
|
SYNH
1473
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $4.42M | 0.01% |
135,112
+117,691
| +676% | +$3.25M |
|
1474
Graham Holdings Company
GHC
$5.23B
| $4.42M | 0.01% |
6,963
+1,753
| +34% | +$1.03M |
|
1475
Cemex
CX
$17.3B
| $4.41M | 0.01% |
523,230
-219,621
| -30% | -$1.89M |
|
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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.