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 | |
|---|---|---|---|---|---|---|
2276
Smith & Nephew
SNN
$13.7B
| $1.06M | ﹤0.01% |
31,034
-87,199
| -74% | -$3.09M |
|
|
CHA
2277
DELISTED
China Telecom Corporation, LTD
CHA
| $1.06M | ﹤0.01% |
16,482
+2,825
| +21% | +$173K |
|
|
STJ
2278
PUT
DELISTED
St Jude Medical
STJ
| $1.06M | ﹤0.01% |
16,200
+11,100
| +218% | +$738K |
|
|
TGP
2279
DELISTED
Teekay LNG Partners L.P.
TGP
| $1.06M | ﹤0.01% |
+28,339
| New | +$1.07M |
|
2280
TG Therapeutics
TGTX
$8.19B
| $1.05M | ﹤0.01% |
+67,977
| New | +$1.03M |
|
2281
Heritage Financial
HFWA
$1.22B
| $1.05M | ﹤0.01% |
61,767
+52,212
| +546% | +$853K |
|
2282
Cirrus Logic
CRUS
$6.76B
| $1.05M | ﹤0.01% |
+31,540
| New | +$916K |
|
|
TGNA
2283
DELISTED
TEGNA Inc
TGNA
| $1.05M | ﹤0.01% |
54,097
-793,008
| -94% | -$14M |
|
|
MZOR
2284
DELISTED
Mazor Robotics Ltd.
MZOR
| $1.05M | ﹤0.01% |
93,434
+26,666
| +40% | +$305K |
|
2285
The Bancorp
TBBK
$2.81B
| $1.05M | ﹤0.01% |
115,947
-21,316
| -16% | -$194K |
|
2286
Verisk Analytics
VRSK
$27.7B
| $1.04M | ﹤0.01% |
14,631
-26,949
| -65% | -$1.82M |
|
|
EXK
2287
Endeavour Silver
EXK
$2.24B
| $1.04M | ﹤0.01% |
548,203
-291,739
| -35% | -$681K |
|
|
IQNT
2288
DELISTED
Inteliquent, Inc.
IQNT
| $1.04M | ﹤0.01% |
66,205
+52,094
| +369% | +$891K |
|
2289
iShares US Industrials ETF
IYJ
$1.95B
| $1.04M | ﹤0.01% |
+19,280
| New | +$1.03M |
|
2290
Piper Sandler
PIPR
$4.99B
| $1.04M | ﹤0.01% |
+79,068
| New | +$1.07M |
|
2291
Thor Industries
THO
$4.06B
| $1.04M | ﹤0.01% |
16,400
-41,301
| -72% | -$2.46M |
|
2292
National Beverage
FIZZ
$3.06B
| $1.04M | ﹤0.01% |
84,906
+11,068
| +15% | +$125K |
|
|
SEP
2293
DELISTED
Spectra Engy Parters Lp
SEP
| $1.04M | ﹤0.01% |
+20,000
| New | +$1.07M |
|
2294
Capital Southwest
CSWC
$1.47B
| $1.02M | ﹤0.01% |
60,130
-33,202
| -36% | -$553K |
|
2295
CALL
NetApp
NTAP
$34B
| $1.02M | ﹤0.01% |
+28,900
| New | +$1.1M |
|
|
RDS.B
2296
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $1.02M | ﹤0.01% |
+16,340
| New | +$1.08M |
|
|
RSX
2297
DELISTED
VanEck Russia ETF
RSX
| $1.02M | ﹤0.01% |
+60,100
| New | +$980K |
|
2298
PUT
Ross Stores
ROST
$80.8B
| $1.02M | ﹤0.01% |
19,400
-15,000
| -44% | -$742K |
|
2299
Main Street Capital
MAIN
$5.05B
| $1.02M | ﹤0.01% |
33,000
-91,374
| -73% | -$2.75M |
|
|
RDS.A
2300
CALL
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $1.02M | ﹤0.01% |
17,100
+4,100
| +32% | +$260K |
|
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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.