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 |
Devon Energy
DVN
|
+$196M |
| 2 |
Verizon
VZ
|
+$166M |
| 3 |
Edison International
EIX
|
+$152M |
| 4 |
PPL
PPL Corp
PPL
|
+$122M |
| 5 |
Estee Lauder
EL
|
+$115M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ameren
AEE
|
+$140M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$136M |
| 3 |
ANDV
Andeavor
ANDV
|
+$111M |
| 4 |
LyondellBasell Industries
LYB
|
+$105M |
| 5 |
ICPT
Intercept Pharmaceuticals, Inc.
ICPT
|
+$101M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.16% |
| 2 | Energy | 12.63% |
| 3 | Utilities | 8.8% |
| 4 | Financials | 8.17% |
| 5 | Consumer Discretionary | 7.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MITL
2476
DELISTED
Mitel Networks Corporation
MITL
| $630K | ﹤0.01% |
59,461
-197,529
| -77% | -$1.87M |
|
|
TLMR
2477
DELISTED
TALMER BANCORP INC (MI)
TLMR
| $628K | ﹤0.01% |
+42,921
| New | +$591K |
|
|
FDML
2478
DELISTED
Federal-Mogul Holdings Corporation
FDML
| $627K | ﹤0.01% |
33,526
-129,372
| -79% | -$2.39M |
|
2479
Antero Resources
AR
$10.9B
| $626K | ﹤0.01% |
10,000
-257,061
| -96% | -$15.2M |
|
|
ASCMA
2480
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
| $625K | ﹤0.01% |
8,273
-3,501
| -30% | -$266K |
|
2481
CALL
Crocs
CROX
$6.63B
| $624K | ﹤0.01% |
+40,000
| New | +$612K |
|
2482
CarMax
KMX
$8.59B
| $624K | ﹤0.01% |
13,324
-77,134
| -85% | -$3.6M |
|
|
WIFI
2483
DELISTED
Boingo Wireless, Inc.
WIFI
| $621K | ﹤0.01% |
91,603
-65,540
| -42% | -$413K |
|
|
MNI
2484
DELISTED
The McClatchy Company Class A Common Stock
MNI
| $620K | ﹤0.01% |
+9,665
| New | +$493K |
|
2485
CALL
Harley-Davidson
HOG
$2.58B
| $619K | ﹤0.01% |
+9,300
| New | +$615K |
|
2486
Inogen
INGN
$175M
| $616K | ﹤0.01% |
+37,286
| New | +$663K |
|
2487
Monolithic Power Systems
MPWR
$62.3B
| $616K | ﹤0.01% |
15,889
+4,534
| +40% | +$160K |
|
2488
Clarus
CLAR
$126M
| $615K | ﹤0.01% |
50,524
+16,511
| +49% | +$193K |
|
2489
CALL
Designer Brands
DBI
$309M
| $613K | ﹤0.01% |
17,100
-36,300
| -68% | -$1.4M |
|
2490
Jacobs Solutions
J
$16.2B
| $613K | ﹤0.01% |
11,664
-16,945
| -59% | -$873K |
|
2491
CALL
MetLife
MET
$62.9B
| $612K | ﹤0.01% |
13,015
-85,721
| -87% | -$3.94M |
|
|
CORV
2492
DELISTED
Correvio Pharma Corp. Ordinary Shares (Canada)
CORV
| $612K | ﹤0.01% |
+77,422
| New | +$623K |
|
|
IPCC
2493
DELISTED
Infinity Property & Casualty C
IPCC
| $610K | ﹤0.01% |
9,013
-2,087
| -19% | -$151K |
|
2494
PUT
Voya Financial
VOYA
$9.02B
| $609K | ﹤0.01% |
+16,800
| New | +$596K |
|
|
SYNT
2495
DELISTED
Syntel Inc
SYNT
| $605K | ﹤0.01% |
13,450
-466
| -3% | -$21K |
|
2496
PUT
Factset
FDS
$10.3B
| $604K | ﹤0.01% |
5,600
+2,000
| +56% | +$211K |
|
2497
CALL
Thor Industries
THO
$4.05B
| $604K | ﹤0.01% |
9,900
-200
| -2% | -$11.1K |
|
|
ANW
2498
DELISTED
Aegean Marine Petroleum Network
ANW
| $604K | ﹤0.01% |
61,261
-73,440
| -55% | -$728K |
|
|
FNSR
2499
PUT
DELISTED
Finisar Corp
FNSR
| $602K | ﹤0.01% |
22,700
+14,200
| +167% | +$341K |
|
|
SCTY
2500
DELISTED
SolarCity Corporation
SCTY
| $601K | ﹤0.01% |
9,600
-19,347
| -67% | -$1.4M |
|
Similar funds
Millennium Management's Q1 2014 Portfolio in Review
As of Q1 2014, Millennium Management held 4,356 positions worth $34.5B, up 8.9% from $31.7B the previous quarter. Its ten largest holdings account for 7.9% of the portfolio.
Millennium Management deployed $1.49B of net new capital in Q1 2014, opening 945 new positions and adding to 1,266 existing holdings. Its largest new stake was Bausch Health: 575,504 shares worth $75.9M.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 12% a quarter earlier, followed by Energy and Utilities.
On the sell side, the largest reduction was Ameren, an estimated $140M trimmed.
- Millennium Management's largest Q1 2014 buy was Bausch Health: 575,504 shares worth $75.9M.
- Millennium Management added most to Devon Energy in Q1 2014, an estimated $196M increase.
- Millennium Management's biggest Q1 2014 reduction was Ameren, cutting an estimated $140M.
- Millennium Management fully exited PepsiCo in Q1 2014, selling an estimated $89.1M.
- Millennium Management's ten largest holdings make up 7.9% of its $34.5B portfolio in Q1 2014.
- Millennium Management opened 945 new positions and closed 958 in Q1 2014.
- Millennium Management's portfolio value rose 8.9% quarter-over-quarter to $34.5B.
Based on Millennium Management's 13F filing for Q1 2014, filed 15 May 2014.