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 | |
|---|---|---|---|---|---|---|
2401
Regis Corp
RGS
$68.4M
| $858K | ﹤0.01% |
2,623
-9,429
| -78% | -$3.08M |
|
2402
Skywest
SKYW
$4.35B
| $857K | ﹤0.01% |
58,636
-212,424
| -78% | -$2.95M |
|
2403
Blackstone Mortgage Trust
BXMT
$2.77B
| $856K | ﹤0.01% |
+30,163
| New | +$868K |
|
2404
MKS Inc
MKSI
$17.4B
| $851K | ﹤0.01% |
25,163
-51,880
| -67% | -$1.82M |
|
2405
Tredegar Corp
TG
$260M
| $851K | ﹤0.01% |
42,307
-31,095
| -42% | -$653K |
|
|
REMY
2406
DELISTED
REMY INTL INC NEW COMMON
REMY
| $851K | ﹤0.01% |
+38,338
| New | +$834K |
|
|
HNP
2407
DELISTED
Huaneng Power Intl, Inc.
HNP
| $850K | ﹤0.01% |
17,672
+12,416
| +236% | +$630K |
|
2408
Home BancShares
HOMB
$6.3B
| $849K | ﹤0.01% |
50,104
-295,520
| -86% | -$4.68M |
|
2409
Silgan Holdings
SLGN
$4.51B
| $847K | ﹤0.01% |
29,140
+13,940
| +92% | +$387K |
|
|
LFC
2410
DELISTED
China Life Insurance Company Ltd.
LFC
| $845K | ﹤0.01% |
38,358
-49,485
| -56% | -$1.01M |
|
2411
Arbor Realty Trust
ABR
$977M
| $843K | ﹤0.01% |
120,731
+26,831
| +29% | +$189K |
|
|
CSLT
2412
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $843K | ﹤0.01% |
+108,658
| New | +$930K |
|
2413
PLDT
PHI
$4.32B
| $842K | ﹤0.01% |
+13,469
| New | +$905K |
|
|
EPAY
2414
DELISTED
Bottomline Technologies Inc
EPAY
| $842K | ﹤0.01% |
+30,759
| New | +$798K |
|
|
POZN
2415
DELISTED
POZEN INC
POZN
| $839K | ﹤0.01% |
108,723
+88,508
| +438% | +$644K |
|
2416
Bank OZK
OZK
$5.63B
| $833K | ﹤0.01% |
22,550
+16,816
| +293% | +$599K |
|
2417
Mativ Holdings
MATV
$479M
| $830K | ﹤0.01% |
17,989
+7,716
| +75% | +$334K |
|
2418
IDEX
IEX
$17B
| $828K | ﹤0.01% |
10,919
-11,353
| -51% | -$855K |
|
2419
New Oriental
EDU
$9.32B
| $826K | ﹤0.01% |
37,254
-3,614
| -9% | -$72.7K |
|
2420
Enterprise Financial Services Corp
EFSC
$2.4B
| $826K | ﹤0.01% |
39,980
+13,033
| +48% | +$261K |
|
2421
Primoris Services
PRIM
$4.06B
| $826K | ﹤0.01% |
48,057
+33,204
| +224% | +$648K |
|
2422
MaxLinear
MXL
$5.19B
| $825K | ﹤0.01% |
101,521
-120,774
| -54% | -$994K |
|
2423
TAL Education Group
TAL
$6.04B
| $825K | ﹤0.01% |
+149,040
| New | +$758K |
|
2424
Healthcare Services Group
HCSG
$1.61B
| $824K | ﹤0.01% |
+25,646
| New | +$829K |
|
2425
CALL
Ross Stores
ROST
$80.8B
| $822K | ﹤0.01% |
15,600
-18,400
| -54% | -$911K |
|
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.