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 | |
|---|---|---|---|---|---|---|
|
HF
2626
DELISTED
HFF Inc.
HF
| $477K | ﹤0.01% |
14,186
-79,555
| -85% | -$2.4M |
|
|
PIKE
2627
DELISTED
PIKE CORPORATION COM STK (NC)
PIKE
| $477K | ﹤0.01% |
44,335
+15,535
| +54% | +$166K |
|
2628
Teekay
TK
$981M
| $476K | ﹤0.01% |
+8,464
| New | +$460K |
|
|
MIC
2629
CALL
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $475K | ﹤0.01% |
+8,300
| New | +$454K |
|
|
FTR
2630
DELISTED
Frontier Communications Corp.
FTR
| $475K | ﹤0.01% |
5,556
-148,039
| -96% | -$10.8M |
|
|
SGM
2631
DELISTED
Stonegate Mortgage Corporation
SGM
| $474K | ﹤0.01% |
31,868
-13,354
| -30% | -$203K |
|
2632
Quaker Houghton
KWR
$2.67B
| $473K | ﹤0.01% |
5,994
+250
| +4% | +$18.6K |
|
|
ARX
2633
DELISTED
Aeroflex Holding Corp (DE)
ARX
| $473K | ﹤0.01% |
56,967
+14,568
| +34% | +$112K |
|
2634
PUT
Chord Energy
CHRD
$7.25B
| $472K | ﹤0.01% |
+11,300
| New | +$478K |
|
|
TFCF
2635
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $472K | ﹤0.01% |
15,156
-208,836
| -93% | -$6.67M |
|
|
SHLO
2636
DELISTED
Shiloh Industries Inc
SHLO
| $471K | ﹤0.01% |
26,541
-4,566
| -15% | -$78.5K |
|
|
DTLK
2637
DELISTED
Datalink Corp
DTLK
| $471K | ﹤0.01% |
+33,827
| New | +$463K |
|
|
AVG
2638
DELISTED
AVG Technologies N.V.
AVG
| $471K | ﹤0.01% |
22,475
-184,460
| -89% | -$3.38M |
|
2639
PUT
Banco Bradesco
BBD
$38.3B
| $470K | ﹤0.01% |
+87,756
| New | +$398K |
|
2640
CALL
Ziff Davis
ZD
$1.95B
| $470K | ﹤0.01% |
+10,810
| New | +$456K |
|
|
2641
PUT
Ziff Davis
ZD
$1.95B
| $470K | ﹤0.01% |
+10,810
| New | +$456K |
|
2642
ProShares Ultra NASDAQ Biotechnology
BIB
$84.4M
| $469K | ﹤0.01% |
+11,740
| New | +$533K |
|
2643
Flotek Industries
FTK
$856M
| $469K | ﹤0.01% |
+2,805
| New | +$394K |
|
2644
DMC Global
BOOM
$112M
| $467K | ﹤0.01% |
24,516
-5,173
| -17% | -$109K |
|
2645
Worthington Enterprises
WOR
$2.82B
| $467K | ﹤0.01% |
19,819
-207,506
| -91% | -$5.17M |
|
|
DTSI
2646
DELISTED
DTS, Inc.
DTSI
| $467K | ﹤0.01% |
+23,614
| New | +$498K |
|
2647
ENI
E
$72.9B
| $466K | ﹤0.01% |
+9,279
| New | +$440K |
|
2648
Generac Holdings
GNRC
$11.5B
| $466K | ﹤0.01% |
+7,900
| New | +$432K |
|
2649
CALL
Oracle
ORCL
$346B
| $466K | ﹤0.01% |
11,400
-309,300
| -96% | -$11.8M |
|
|
TNGO
2650
DELISTED
Tangoe, Inc.
TNGO
| $465K | ﹤0.01% |
25,000
-91,151
| -78% | -$1.68M |
|
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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.