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 | |
|---|---|---|---|---|---|---|
2126
ProShares Ultra S&P500
SSO
$7.52B
| $1.47M | ﹤0.01% |
+181,472
| New | +$1.46M |
|
|
NOR
2127
DELISTED
NORANDA ALUM HLDG CORP COM NEW
NOR
| $1.47M | ﹤0.01% |
70,566
+11,403
| +19% | +$255K |
|
2128
Cohu
COHU
$1.86B
| $1.47M | ﹤0.01% |
134,000
+32,319
| +32% | +$366K |
|
2129
TriplePoint Venture Growth BDC
TPVG
$184M
| $1.47M | ﹤0.01% |
103,827
+29,937
| +41% | +$436K |
|
2130
Eversource Energy
ES
$28.1B
| $1.46M | ﹤0.01% |
+28,956
| New | +$1.52M |
|
|
NORW
2131
DELISTED
Global X MSCI Norway ETF
NORW
| $1.46M | ﹤0.01% |
125,389
-38,041
| -23% | -$457K |
|
|
LHCG
2132
DELISTED
LHC Group LLC
LHCG
| $1.46M | ﹤0.01% |
+44,218
| New | +$1.38M |
|
|
PEI
2133
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $1.46M | ﹤0.01% |
4,190
+826
| +25% | +$294K |
|
|
JMBA
2134
DELISTED
Jamba, Inc.
JMBA
| $1.46M | ﹤0.01% |
99,121
-12,474
| -11% | -$191K |
|
2135
Huron Consulting
HURN
$2.76B
| $1.46M | ﹤0.01% |
22,022
-155,380
| -88% | -$10.9M |
|
2136
Townsquare Media
TSQ
$105M
| $1.45M | ﹤0.01% |
113,113
-42,255
| -27% | -$551K |
|
2137
CALL
Target
TGT
$66.3B
| $1.45M | ﹤0.01% |
+17,700
| New | +$1.37M |
|
|
ALTR
2138
DELISTED
Altera Corp
ALTR
| $1.45M | ﹤0.01% |
33,831
+14,353
| +74% | +$513K |
|
|
SSRI
2139
DELISTED
Silver Standard Resources
SSRI
| $1.45M | ﹤0.01% |
320,502
+95,002
| +42% | +$528K |
|
2140
British American Tobacco
BTI
$136B
| $1.45M | ﹤0.01% |
27,972
+20,266
| +263% | +$1.12M |
|
|
YOKU
2141
DELISTED
YOUKU TUDOU INC.(CAYMAN ISLS)
YOKU
| $1.45M | ﹤0.01% |
115,763
-733,372
| -86% | -$12M |
|
2142
Vanguard Materials ETF
VAW
$3.01B
| $1.45M | ﹤0.01% |
+13,323
| New | +$1.45M |
|
2143
Westwood Holdings Group
WHG
$185M
| $1.45M | ﹤0.01% |
23,956
+12,817
| +115% | +$779K |
|
|
HSII
2144
DELISTED
Heidrick & Struggles
HSII
| $1.44M | ﹤0.01% |
58,767
+29,031
| +98% | +$681K |
|
|
BOBE
2145
DELISTED
Bob Evans Farms, Inc.
BOBE
| $1.44M | ﹤0.01% |
+31,058
| New | +$1.65M |
|
2146
Haverty Furniture Companies
HVT
$418M
| $1.44M | ﹤0.01% |
57,725
-81,925
| -59% | -$1.99M |
|
2147
Invesco Pharmaceuticals ETF
PJP
$445M
| $1.44M | ﹤0.01% |
18,790
+14,217
| +311% | +$1.04M |
|
|
EGRX
2148
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $1.44M | ﹤0.01% |
+34,251
| New | +$972K |
|
2149
Lloyds Banking Group
LYG
$85.2B
| $1.43M | ﹤0.01% |
306,801
-75,755
| -20% | -$353K |
|
2150
State Street SPDR Dow Jones REIT ETF
RWR
$1.9B
| $1.43M | ﹤0.01% |
15,127
+5,572
| +58% | +$530K |
|
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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.