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 | |
|---|---|---|---|---|---|---|
1751
Ameris Bancorp
ABCB
$5.9B
| $2.78M | 0.01% |
105,215
+90,470
| +614% | +$2.28M |
|
1752
Archer Daniels Midland
ADM
$40.1B
| $2.78M | 0.01% |
58,580
-860,091
| -94% | -$41M |
|
1753
Marcus Corp
MCS
$766M
| $2.77M | 0.01% |
130,091
+76,615
| +143% | +$1.48M |
|
|
EOCC
1754
DELISTED
Enel Generacion Chile S.A.
EOCC
| $2.77M | 0.01% |
88,815
+55,713
| +168% | +$1.71M |
|
|
AMRN
1755
Amarin Corp
AMRN
$293M
| $2.76M | 0.01% |
59,058
-95,236
| -62% | -$2.91M |
|
|
KERX
1756
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $2.75M | 0.01% |
215,802
+150,461
| +230% | +$1.93M |
|
1757
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $2.75M | 0.01% |
67,200
+38,000
| +130% | +$1.55M |
|
1758
Tetra Tech
TTEK
$8.7B
| $2.74M | 0.01% |
570,955
+500,745
| +713% | +$2.48M |
|
1759
Vanguard Total Stock Market ETF
VTI
$656B
| $2.74M | 0.01% |
25,542
-25,227
| -50% | -$2.69M |
|
|
PVA
1760
DELISTED
PENN VIRGINIA CORP
PVA
| $2.74M | 0.01% |
422,509
-2,593,483
| -86% | -$16.5M |
|
1761
CALL
Micron Technology
MU
$927B
| $2.74M | 0.01% |
+100,900
| New | +$3.02M |
|
1762
Domino's
DPZ
$11.6B
| $2.73M | 0.01% |
27,181
-31,274
| -54% | -$3.15M |
|
|
CTLP
1763
DELISTED
Cantaloupe
CTLP
| $2.73M | 0.01% |
992,500
-7,500
| -0.8% | -$15.8K |
|
|
BKCC
1764
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $2.73M | 0.01% |
301,020
-226,912
| -43% | -$1.96M |
|
1765
Flowers Foods
FLO
$1.6B
| $2.72M | 0.01% |
119,551
-11,245
| -9% | -$233K |
|
|
TSL
1766
DELISTED
Trina Solar Limited
TSL
| $2.72M | 0.01% |
+224,936
| New | +$2.33M |
|
1767
Intuit
INTU
$85.6B
| $2.71M | 0.01% |
27,898
-139,012
| -83% | -$12.9M |
|
|
DCH
1768
Dauch Corp
DCH
$1.33B
| $2.7M | 0.01% |
104,686
-291,846
| -74% | -$7.17M |
|
1769
Pearson
PSO
$10.5B
| $2.69M | 0.01% |
124,659
+77,951
| +167% | +$1.61M |
|
|
VRTU
1770
DELISTED
Virtusa Corporation
VRTU
| $2.69M | 0.01% |
+64,954
| New | +$2.58M |
|
|
HPY
1771
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $2.69M | 0.01% |
+57,352
| New | +$2.91M |
|
1772
FS KKR Capital
FSK
$3.08B
| $2.68M | 0.01% |
66,021
-35,072
| -35% | -$1.37M |
|
|
TGH
1773
DELISTED
Textainer Group Holdings limited
TGH
| $2.67M | 0.01% |
+88,880
| New | +$2.85M |
|
|
DCM
1774
DELISTED
NTT DOCOMO, Inc.
DCM
| $2.66M | 0.01% |
152,841
+52,934
| +53% | +$911K |
|
1775
AXIS Capital
AXS
$8.79B
| $2.65M | ﹤0.01% |
51,363
+1,541
| +3% | +$78.4K |
|
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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.