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 | |
|---|---|---|---|---|---|---|
|
ALIM
1926
DELISTED
Alimera Sciences
ALIM
| $2.04M | ﹤0.01% |
27,075
+3,502
| +15% | +$276K |
|
|
EBIX
1927
DELISTED
Ebix Inc
EBIX
| $2.04M | ﹤0.01% |
+66,987
| New | +$1.68M |
|
|
FRGI
1928
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $2.03M | ﹤0.01% |
+33,338
| New | +$2.08M |
|
1929
CONMED
CNMD
$1.3B
| $2.03M | ﹤0.01% |
40,184
-126,715
| -76% | -$6.21M |
|
|
ADVM
1930
PUT
DELISTED
Adverum Biotechnologies
ADVM
| $2.03M | ﹤0.01% |
+5,000
| New | +$2.11M |
|
1931
Future Fuel
FF
$205M
| $2.03M | ﹤0.01% |
197,310
+24,256
| +14% | +$289K |
|
1932
NeoGenomics
NEO
$1.99B
| $2.02M | ﹤0.01% |
432,339
+12,938
| +3% | +$56.3K |
|
|
FRAN
1933
DELISTED
Francesca's Holdings Corporation
FRAN
| $2.02M | ﹤0.01% |
+9,449
| New | +$1.8M |
|
|
AVID
1934
DELISTED
Avid Technology Inc
AVID
| $2.02M | ﹤0.01% |
+135,282
| New | +$1.94M |
|
|
ZAGG
1935
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $2.02M | ﹤0.01% |
232,502
-14,895
| -6% | -$109K |
|
|
NVTA
1936
DELISTED
Invitae Corporation
NVTA
| $2.01M | ﹤0.01% |
+120,141
| New | +$2.23M |
|
1937
Freeport-McMoran
FCX
$86.2B
| $2.01M | ﹤0.01% |
106,241
-91,941
| -46% | -$1.82M |
|
1938
TTM Technologies
TTMI
$10.6B
| $2.01M | ﹤0.01% |
222,978
+130,700
| +142% | +$1.07M |
|
|
ICON
1939
DELISTED
Iconix Brand Group, Inc.
ICON
| $2.01M | ﹤0.01% |
5,963
-60,855
| -91% | -$20.9M |
|
1940
CALL
Nike
NKE
$64B
| $2.01M | ﹤0.01% |
40,000
+14,600
| +57% | +$698K |
|
|
LDR
1941
DELISTED
Landauer Inc
LDR
| $2.01M | ﹤0.01% |
57,119
+25,932
| +83% | +$875K |
|
1942
Patrick Industries
PATK
$2.87B
| $2.01M | ﹤0.01% |
108,739
+55,627
| +105% | +$841K |
|
1943
Skyworks Solutions
SWKS
$9.19B
| $2.01M | ﹤0.01% |
20,408
-59,262
| -74% | -$5.06M |
|
|
MRGE
1944
DELISTED
MERGE HEALTHCARE INC COM STK (WI)
MRGE
| $2M | ﹤0.01% |
447,779
+41,578
| +10% | +$174K |
|
1945
Consolidated Edison
ED
$41.3B
| $2M | ﹤0.01% |
+32,800
| New | +$2.13M |
|
|
SINA
1946
DELISTED
Sina Corp
SINA
| $2M | ﹤0.01% |
62,160
-52,135
| -46% | -$1.87M |
|
1947
EPR Properties
EPR
$4.89B
| $2M | ﹤0.01% |
33,267
+20,229
| +155% | +$1.24M |
|
1948
WPP
WPP
$4.66B
| $2M | ﹤0.01% |
17,555
+8,948
| +104% | +$1M |
|
1949
Douglas Dynamics
PLOW
$991M
| $1.99M | ﹤0.01% |
87,217
+29,062
| +50% | +$629K |
|
|
IBKC
1950
DELISTED
IBERIABANK Corp
IBKC
| $1.99M | ﹤0.01% |
31,572
-52,411
| -62% | -$3.2M |
|
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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.