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 | |
|---|---|---|---|---|---|---|
2726
PUT
National Fuel Gas
NFG
$7.73B
| $413K | ﹤0.01% |
5,900
-400
| -6% | -$29.3K |
|
2727
Toro Company
TTC
$9.08B
| $413K | ﹤0.01% |
13,074
-9,810
| -43% | -$315K |
|
2728
PUT
Dominion Energy
D
$62.1B
| $412K | ﹤0.01% |
5,800
-29,400
| -84% | -$2.01M |
|
|
LADR
2729
Ladder Capital
LADR
$1.25B
| $412K | ﹤0.01% |
+27,167
| New | +$388K |
|
2730
ProShares Ultra Russell2000
UWM
$249M
| $412K | ﹤0.01% |
+19,096
| New | +$405K |
|
2731
La-Z-Boy
LZB
$1.65B
| $410K | ﹤0.01% |
15,135
-42,345
| -74% | -$1.16M |
|
|
MBII
2732
DELISTED
Marrone Bio Innovations, Inc.
MBII
| $410K | ﹤0.01% |
29,326
+4,326
| +17% | +$67.9K |
|
2733
Star Bulk Carriers
SBLK
$3.12B
| $409K | ﹤0.01% |
5,727
-6,481
| -53% | -$418K |
|
|
CKH
2734
DELISTED
Seacor Holdings Inc.
CKH
| $409K | ﹤0.01% |
4,894
-22,965
| -82% | -$1.91M |
|
2735
PUT
Entergy
ETR
$52.4B
| $408K | ﹤0.01% |
+12,200
| New | +$386K |
|
2736
CALL
Universal Display
OLED
$3.85B
| $408K | ﹤0.01% |
+12,800
| New | +$425K |
|
|
TGP
2737
DELISTED
Teekay LNG Partners L.P.
TGP
| $408K | ﹤0.01% |
9,881
+4,572
| +86% | +$187K |
|
2738
iShares MSCI ACWI ETF
ACWI
$32.5B
| $407K | ﹤0.01% |
+6,997
| New | +$397K |
|
2739
Carriage Services
CSV
$648M
| $407K | ﹤0.01% |
+22,328
| New | +$448K |
|
|
GGP
2740
PUT
DELISTED
GGP Inc.
GGP
| $407K | ﹤0.01% |
18,500
-144,300
| -89% | -$3.06M |
|
|
RNET
2741
DELISTED
RigNet, Inc.
RNET
| $406K | ﹤0.01% |
+7,535
| New | +$364K |
|
2742
Astronics
ATRO
$3.37B
| $405K | ﹤0.01% |
+13,979
| New | +$393K |
|
2743
Brown & Brown
BRO
$24.6B
| $405K | ﹤0.01% |
26,362
-362,022
| -93% | -$5.56M |
|
|
CCXI
2744
DELISTED
ChemoCentryx, Inc.
CCXI
| $405K | ﹤0.01% |
61,111
+45,011
| +280% | +$313K |
|
|
CAS
2745
DELISTED
A M Castle & Co
CAS
| $404K | ﹤0.01% |
27,473
-27,984
| -50% | -$404K |
|
2746
PUT
Meritage Homes
MTH
$4.89B
| $402K | ﹤0.01% |
19,200
+5,600
| +41% | +$128K |
|
|
BCIC
2747
BCP Investment Corp
BCIC
$88.3M
| $402K | ﹤0.01% |
4,639
-2,293
| -33% | -$186K |
|
|
TUP
2748
PUT
DELISTED
Tupperware Brands Corporation
TUP
| $402K | ﹤0.01% |
+4,800
| New | +$395K |
|
|
ROSE
2749
PUT
DELISTED
ROSETTA RESOURCES INC
ROSE
| $401K | ﹤0.01% |
+8,600
| New | +$390K |
|
|
ADAM
2750
Adamas Trust
ADAM
$783M
| $400K | ﹤0.01% |
+12,840
| New | +$379K |
|
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.