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 | |
|---|---|---|---|---|---|---|
1526
CALL
Tronox
TROX
$981M
| $4.07M | 0.01% |
+200,000
| New | +$4.26M |
|
1527
Ligand Pharmaceuticals
LGND
$5.94B
| $4.05M | 0.01% |
84,246
-161,265
| -66% | -$6.18M |
|
|
ENIA
1528
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $4.05M | 0.01% |
461,744
+406,328
| +733% | +$3.49M |
|
|
BGC
1529
DELISTED
General Cable Corporation
BGC
| $4.05M | 0.01% |
234,835
+64,355
| +38% | +$910K |
|
1530
Saic
SAIC
$5.14B
| $4.04M | 0.01% |
78,611
-199,427
| -72% | -$10.4M |
|
1531
Medifast
MED
$108M
| $4.03M | 0.01% |
134,482
+1,328
| +1% | +$42.2K |
|
|
BNY
1532
CALL
Bank of New York Mellon
BNY
$106B
| $4.02M | 0.01% |
+100,000
| New | +$3.89M |
|
1533
DHI Group
DHX
$178M
| $4.02M | 0.01% |
451,049
-93,254
| -17% | -$847K |
|
1534
KT
KT
$8.95B
| $4.02M | 0.01% |
307,574
+92,468
| +43% | +$1.25M |
|
1535
Northern Trust
NTRS
$22.2B
| $4.02M | 0.01% |
57,753
-71,285
| -55% | -$4.87M |
|
1536
Citi Trends
CTRN
$559M
| $4.02M | 0.01% |
148,754
+34,006
| +30% | +$859K |
|
|
MTGE
1537
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $4.01M | 0.01% |
223,136
+59,745
| +37% | +$1.11M |
|
1538
Smith & Wesson
SWBI
$657M
| $4M | 0.01% |
+409,213
| New | +$3.91M |
|
|
DNKN
1539
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $3.99M | 0.01% |
83,987
-288,768
| -77% | -$13.4M |
|
1540
Columbia Sportswear
COLM
$3.3B
| $3.99M | 0.01% |
65,519
+48,156
| +277% | +$2.44M |
|
1541
Tapestry
TPR
$30.5B
| $3.99M | 0.01% |
96,297
+19,719
| +26% | +$785K |
|
1542
PUT
iShares Russell 2000 ETF
IWM
$80.4B
| $3.98M | 0.01% |
+32,000
| New | +$3.86M |
|
1543
PUT
Neurocrine Biosciences
NBIX
$18.4B
| $3.97M | 0.01% |
100,000
| – | – |
|
1544
CALL
Petrobras
PBR
$116B
| $3.97M | 0.01% |
660,200
+644,200
| +4,026% | +$4.11M |
|
|
VER
1545
DELISTED
VEREIT, Inc.
VER
| $3.92M | 0.01% |
79,537
+75,527
| +1,883% | +$3.61M |
|
1546
Banco Santander
SAN
$200B
| $3.9M | 0.01% |
552,197
+413,078
| +297% | +$2.79M |
|
1547
Stewart Information Services
STC
$2.11B
| $3.9M | 0.01% |
95,989
-194,836
| -67% | -$7.29M |
|
1548
Calix
CALX
$2.34B
| $3.9M | 0.01% |
464,339
+21,606
| +5% | +$194K |
|
1549
American Water Works
AWK
$27B
| $3.88M | 0.01% |
71,660
+17,213
| +32% | +$936K |
|
1550
Orthofix Medical
OFIX
$496M
| $3.88M | 0.01% |
107,995
+16,863
| +19% | +$530K |
|
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.