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 | |
|---|---|---|---|---|---|---|
2151
Veracyte
VCYT
$4.45B
| $1.43M | ﹤0.01% |
196,611
-33,722
| -15% | -$276K |
|
|
QADA
2152
DELISTED
QAD Inc.
QADA
| $1.42M | ﹤0.01% |
+58,759
| New | +$1.25M |
|
2153
Community Bank
CBU
$3.39B
| $1.42M | ﹤0.01% |
40,146
+26,545
| +195% | +$938K |
|
2154
CALL
Oshkosh
OSK
$8.82B
| $1.42M | ﹤0.01% |
+29,100
| New | +$1.33M |
|
2155
Shutterstock
SSTK
$209M
| $1.42M | ﹤0.01% |
20,659
-89,207
| -81% | -$5.42M |
|
2156
Altisource Portfolio Solutions
ASPS
$58.4M
| $1.41M | ﹤0.01% |
13,687
+6,611
| +93% | +$1.1M |
|
|
COL
2157
DELISTED
Rockwell Collins
COL
| $1.4M | ﹤0.01% |
14,542
-289,648
| -95% | -$25.9M |
|
2158
Urban Edge Properties
UE
$2.9B
| $1.4M | ﹤0.01% |
+59,208
| New | +$1.42M |
|
2159
Harte-Hanks
HHS
$16.4M
| $1.4M | ﹤0.01% |
17,969
+3,786
| +27% | +$293K |
|
2160
Conagra Brands
CAG
$7.42B
| $1.4M | ﹤0.01% |
49,086
-75,720
| -61% | -$2.09M |
|
|
BECN
2161
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $1.39M | ﹤0.01% |
44,373
-684,648
| -94% | -$18.8M |
|
2162
MarketAxess Holdings
MKTX
$4.47B
| $1.39M | ﹤0.01% |
16,711
-5,029
| -23% | -$398K |
|
2163
NMI Holdings
NMIH
$3.37B
| $1.38M | ﹤0.01% |
184,098
-47,276
| -20% | -$370K |
|
2164
Cohen & Steers
CNS
$4.2B
| $1.38M | ﹤0.01% |
+33,584
| New | +$1.43M |
|
2165
Kadant
KAI
$3.58B
| $1.38M | ﹤0.01% |
26,130
+18,254
| +232% | +$806K |
|
|
AKAO
2166
DELISTED
Achaogen Inc
AKAO
| $1.37M | ﹤0.01% |
140,599
+112,447
| +399% | +$1.27M |
|
2167
ArcelorMittal
MT
$49.5B
| $1.37M | ﹤0.01% |
63,617
+9,400
| +17% | +$220K |
|
|
EEQ
2168
DELISTED
Enbridge Energy Management Llc
EEQ
| $1.37M | ﹤0.01% |
53,538
+21,905
| +69% | +$564K |
|
2169
Safety Insurance
SAFT
$1.51B
| $1.37M | ﹤0.01% |
22,874
+1,771
| +8% | +$109K |
|
2170
Five Below
FIVE
$11.6B
| $1.37M | ﹤0.01% |
+38,399
| New | +$1.28M |
|
2171
NETGEAR
NTGR
$612M
| $1.37M | ﹤0.01% |
41,554
-6,984
| -14% | -$231K |
|
2172
PUT
Target
TGT
$66.3B
| $1.36M | ﹤0.01% |
16,600
-6,000
| -27% | -$463K |
|
2173
Sabesp
SBS
$18.4B
| $1.35M | ﹤0.01% |
1,284,289
-1,804,679
| -58% | -$1.93M |
|
|
PGTI
2174
DELISTED
PGT, Inc.
PGTI
| $1.35M | ﹤0.01% |
120,776
+62,048
| +106% | +$602K |
|
2175
Enovis
ENOV
$1.74B
| $1.34M | ﹤0.01% |
+16,367
| New | +$1.37M |
|
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.