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 | |
|---|---|---|---|---|---|---|
1601
State Street Utilities Select Sector SPDR ETF
XLU
$23.4B
| $3.6M | 0.01% |
162,200
+97,588
| +151% | +$2.25M |
|
1602
MYR Group
MYRG
$5.31B
| $3.59M | 0.01% |
114,481
+99,372
| +658% | +$2.7M |
|
1603
Hilltop Holdings
HTH
$2.28B
| $3.58M | 0.01% |
184,310
-40,974
| -18% | -$779K |
|
1604
Digital Turbine
APPS
$1.02B
| $3.58M | 0.01% |
1,098,000
-2,000
| -0.2% | -$6.79K |
|
1605
Dycom Industries
DY
$12.1B
| $3.58M | 0.01% |
73,191
+51,982
| +245% | +$2.04M |
|
1606
Morningstar
MORN
$7.38B
| $3.56M | 0.01% |
47,544
+14,615
| +44% | +$1.04M |
|
1607
Colgate-Palmolive
CL
$74.2B
| $3.56M | 0.01% |
51,360
+20,713
| +68% | +$1.43M |
|
1608
CorMedix
CRMD
$577M
| $3.56M | 0.01% |
72,266
-92,094
| -56% | -$2.18M |
|
|
ENT
1609
DELISTED
Global Eagle Entertainment Inc.
ENT
| $3.55M | 0.01% |
10,682
+8,052
| +306% | +$2.83M |
|
|
GST
1610
DELISTED
Gastar Exploration Inc.
GST
| $3.55M | 0.01% |
1,356,409
+1,213,633
| +850% | +$3.15M |
|
|
CLVS
1611
DELISTED
Clovis Oncology, Inc.
CLVS
| $3.55M | 0.01% |
47,800
-855
| -2% | -$60.4K |
|
|
RSTI
1612
DELISTED
Rofin-Sinar Technologies Inc
RSTI
| $3.55M | 0.01% |
146,382
+85,435
| +140% | +$2.15M |
|
1613
Dollar Tree
DLTR
$24.4B
| $3.54M | 0.01% |
43,693
-333,506
| -88% | -$25.3M |
|
|
SAVE
1614
DELISTED
Spirit Airlines, Inc.
SAVE
| $3.51M | 0.01% |
45,405
-213,768
| -82% | -$16.4M |
|
1615
Mine Safety
MSA
$6.94B
| $3.5M | 0.01% |
70,140
+57,761
| +467% | +$2.79M |
|
|
AMWD
1616
DELISTED
American Woodmark
AMWD
| $3.48M | 0.01% |
63,604
+3,069
| +5% | +$141K |
|
|
TPCO
1617
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $3.48M | 0.01% |
179,111
+69,671
| +64% | +$1.41M |
|
1618
Terreno Realty
TRNO
$7.72B
| $3.47M | 0.01% |
152,228
-328,309
| -68% | -$7.39M |
|
1619
Benchmark Electronics
BHE
$2.76B
| $3.47M | 0.01% |
144,393
+124,165
| +614% | +$2.96M |
|
|
NTUS
1620
DELISTED
Natus Medical Inc
NTUS
| $3.47M | 0.01% |
87,820
+75,552
| +616% | +$2.79M |
|
1621
Nucor
NUE
$60.5B
| $3.46M | 0.01% |
72,907
-511,005
| -88% | -$23.9M |
|
|
AGU
1622
DELISTED
Agrium
AGU
| $3.46M | 0.01% |
33,150
+27,729
| +512% | +$2.96M |
|
|
MRC
1623
DELISTED
MRC Global
MRC
| $3.45M | 0.01% |
291,145
-1,648,925
| -85% | -$20.6M |
|
|
UN
1624
DELISTED
Unilever NV New York Registry Shares
UN
| $3.44M | 0.01% |
82,307
-39,355
| -32% | -$1.65M |
|
1625
Chegg
CHGG
$121M
| $3.44M | 0.01% |
432,183
+376,894
| +682% | +$2.8M |
|
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.