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 | |
|---|---|---|---|---|---|---|
|
BGFV
2501
DELISTED
Big 5 Sporting Goods
BGFV
| $599K | ﹤0.01% |
37,304
-60,439
| -62% | -$1.01M |
|
|
AVP
2502
PUT
DELISTED
Avon Products, Inc.
AVP
| $599K | ﹤0.01% |
40,900
| – | – |
|
|
SPLS
2503
PUT
DELISTED
Staples Inc
SPLS
| $599K | ﹤0.01% |
52,800
+14,100
| +36% | +$184K |
|
|
NTP
2504
DELISTED
Nam Tai Property Inc.
NTP
| $597K | ﹤0.01% |
101,345
-72,861
| -42% | -$458K |
|
2505
Gogo Inc
GOGO
$513M
| $596K | ﹤0.01% |
29,025
+16,247
| +127% | +$358K |
|
2506
PUT
PACCAR
PCAR
$71.5B
| $593K | ﹤0.01% |
13,200
+5,250
| +66% | +$216K |
|
2507
Nasdaq
NDAQ
$53.6B
| $590K | ﹤0.01% |
47,916
-947,223
| -95% | -$12.2M |
|
|
FLTX
2508
DELISTED
Fleetmatics Group PLC
FLTX
| $589K | ﹤0.01% |
17,623
+8,123
| +86% | +$307K |
|
|
BEBE
2509
DELISTED
Bebe Stores Inc
BEBE
| $588K | ﹤0.01% |
+9,603
| New | +$554K |
|
2510
Asia Pacific Wire & Cable
APWC
$59.8M
| $587K | ﹤0.01% |
215,172
-88,989
| -29% | -$274K |
|
2511
CALL
Weyerhaeuser
WY
$17.5B
| $587K | ﹤0.01% |
+20,000
| New | +$602K |
|
|
STL
2512
DELISTED
Sterling Bancorp
STL
| $587K | ﹤0.01% |
46,381
+20,805
| +81% | +$264K |
|
2513
PUT
Duke Energy
DUK
$101B
| $584K | ﹤0.01% |
+8,200
| New | +$572K |
|
2514
Forrester Research
FORR
$196M
| $584K | ﹤0.01% |
16,282
+11,002
| +208% | +$410K |
|
2515
Neonode
NEON
$12.6M
| $583K | ﹤0.01% |
+10,248
| New | +$657K |
|
|
BNY
2516
Bank of New York Mellon
BNY
$105B
| $582K | ﹤0.01% |
16,500
-44,400
| -73% | -$1.47M |
|
|
VVTV
2517
DELISTED
VALUEVISION MEDIA INC
VVTV
| $581K | ﹤0.01% |
119,543
+63,666
| +114% | +$375K |
|
|
TRW
2518
CALL
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $580K | ﹤0.01% |
+7,100
| New | +$551K |
|
|
NTT
2519
DELISTED
Nippon Telegraph & Telephone
NTT
| $580K | ﹤0.01% |
21,281
-37,738
| -64% | -$1.04M |
|
2520
CALL
CoStar Group
CSGP
$11.8B
| $579K | ﹤0.01% |
+31,000
| New | +$585K |
|
|
QLTY
2521
DELISTED
QUALITY DISTR INC FLA
QLTY
| $578K | ﹤0.01% |
44,468
-54,969
| -55% | -$751K |
|
|
LOCK
2522
DELISTED
LifeLock, Inc.
LOCK
| $577K | ﹤0.01% |
+33,700
| New | +$658K |
|
2523
iShares Select Dividend ETF
DVY
$24B
| $576K | ﹤0.01% |
+7,851
| New | +$557K |
|
2524
TETRA Technologies
TTI
$1.03B
| $574K | ﹤0.01% |
+44,807
| New | +$519K |
|
|
EGN
2525
PUT
DELISTED
Energen
EGN
| $574K | ﹤0.01% |
+7,100
| New | +$532K |
|
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.