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 | |
|---|---|---|---|---|---|---|
1876
PUT
Delta Air Lines
DAL
$57.4B
| $2.25M | ﹤0.01% |
50,000
+20,000
| +67% | +$928K |
|
1877
Melco Resorts & Entertainment
MLCO
$2.2B
| $2.25M | ﹤0.01% |
104,600
+79,600
| +318% | +$1.91M |
|
|
DSCI
1878
DELISTED
Derma Sciences, Inc. Common Stock (DE)
DSCI
| $2.24M | ﹤0.01% |
264,385
+218,106
| +471% | +$1.86M |
|
1879
Stagwell
STGW
$2.02B
| $2.23M | ﹤0.01% |
+78,764
| New | +$1.99M |
|
1880
Vanguard Growth ETF
VUG
$214B
| $2.23M | ﹤0.01% |
+128,016
| New | +$2.27M |
|
1881
DNOW Inc
DNOW
$2.45B
| $2.23M | ﹤0.01% |
+102,885
| New | +$2.39M |
|
|
LTC
1882
LTC Properties
LTC
$2.14B
| $2.22M | ﹤0.01% |
48,169
-46,885
| -49% | -$2.12M |
|
|
VIA
1883
DELISTED
Viacom Inc. Class A
VIA
| $2.21M | ﹤0.01% |
32,209
+12,267
| +62% | +$850K |
|
1884
Mitsubishi UFJ Financial
MUFG
$250B
| $2.21M | ﹤0.01% |
355,285
+118,176
| +50% | +$701K |
|
|
TROVW
1885
DELISTED
TrovaGene, Inc. Warrant
TROVW
| $2.21M | ﹤0.01% |
525,800
-9,986
| -2% | -$37.9K |
|
|
JBTM
1886
JBT Marel
JBTM
$7.27B
| $2.2M | ﹤0.01% |
61,666
-14,088
| -19% | -$465K |
|
1887
Kopin
KOPN
$599M
| $2.2M | ﹤0.01% |
625,328
+189,798
| +44% | +$734K |
|
|
ENZ
1888
DELISTED
Enzo Biochem, Inc.
ENZ
| $2.19M | ﹤0.01% |
741,810
-142,205
| -16% | -$466K |
|
|
SFS
1889
DELISTED
Smart & Final Stores, Inc.
SFS
| $2.19M | ﹤0.01% |
124,268
+59,288
| +91% | +$939K |
|
1890
Vanguard FTSE Europe ETF
VGK
$30.1B
| $2.19M | ﹤0.01% |
40,300
+13,771
| +52% | +$742K |
|
1891
AerCap
AER
$23.9B
| $2.18M | ﹤0.01% |
50,000
-35,722
| -42% | -$1.51M |
|
|
PGNX
1892
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $2.17M | ﹤0.01% |
362,797
-5,726
| -2% | -$36K |
|
1893
Caesarstone
CSTE
$70.9M
| $2.17M | ﹤0.01% |
35,703
+14,536
| +69% | +$896K |
|
|
ASPX
1894
CALL
DELISTED
AUSPEX PHARMACEUTICALS INC COM STK (DE)
ASPX
| $2.17M | ﹤0.01% |
+21,600
| New | +$1.44M |
|
|
VMW
1895
PUT
DELISTED
VMware, Inc
VMW
| $2.17M | ﹤0.01% |
26,400
-55,900
| -68% | -$4.57M |
|
1896
Broadridge
BR
$18.5B
| $2.15M | ﹤0.01% |
39,148
-32,105
| -45% | -$1.63M |
|
|
KRA
1897
DELISTED
Kraton Corporation
KRA
| $2.15M | ﹤0.01% |
+106,280
| New | +$2.1M |
|
|
MKTO
1898
DELISTED
MARKETO INC COM STK (DE)
MKTO
| $2.14M | ﹤0.01% |
83,672
+44,945
| +116% | +$1.34M |
|
|
NVRO
1899
DELISTED
NEVRO CORP.
NVRO
| $2.14M | ﹤0.01% |
44,605
+35,105
| +370% | +$1.52M |
|
|
NETI
1900
DELISTED
Eneti Inc.
NETI
| $2.14M | ﹤0.01% |
8,085
+3,452
| +75% | +$825K |
|
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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.