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 | |
|---|---|---|---|---|---|---|
2751
PUT
First Solar
FSLR
$21.8B
| $398K | ﹤0.01% |
5,700
-1,600
| -22% | -$89.2K |
|
|
DOOR
2752
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $398K | ﹤0.01% |
+7,040
| New | +$398K |
|
|
SCTY
2753
PUT
DELISTED
SolarCity Corporation
SCTY
| $395K | ﹤0.01% |
+6,300
| New | +$454K |
|
2754
WIX.com
WIX
$2.45B
| $394K | ﹤0.01% |
+17,160
| New | +$468K |
|
2755
PUT
BHP
BHP
$213B
| $393K | ﹤0.01% |
+6,859
| New | +$384K |
|
2756
PUT
Dick's Sporting Goods
DKS
$18.9B
| $393K | ﹤0.01% |
+7,200
| New | +$389K |
|
|
GAP
2757
CALL
The Gap Inc
GAP
$7.28B
| $393K | ﹤0.01% |
+9,800
| New | +$396K |
|
|
AAIC
2758
DELISTED
Arlington Asset Investment Corp.
AAIC
| $392K | ﹤0.01% |
14,787
-409
| -3% | -$10.8K |
|
|
TEAR
2759
DELISTED
TearLab Corporation
TEAR
| $392K | ﹤0.01% |
+5,800
| New | +$445K |
|
|
FRM
2760
DELISTED
FURMANITE CORPORATION COM
FRM
| $392K | ﹤0.01% |
39,890
-610
| -2% | -$6.94K |
|
2761
Prudential
PUK
$36.1B
| $391K | ﹤0.01% |
9,478
-10,496
| -53% | -$448K |
|
2762
VanEck Semiconductor ETF
SMH
$63.8B
| $391K | ﹤0.01% |
17,166
+3,962
| +30% | +$85.2K |
|
|
BEAV
2763
PUT
DELISTED
B/E Aerospace Inc
BEAV
| $391K | ﹤0.01% |
+6,215
| New | +$376K |
|
2764
CALL
Under Armour
UAA
$3.04B
| $390K | ﹤0.01% |
13,697
-147,842
| -92% | -$3.84M |
|
2765
PUT
Transocean
RIG
$5.52B
| $389K | ﹤0.01% |
9,400
+300
| +3% | +$13K |
|
|
RST
2766
DELISTED
ROSETTA STONE INC
RST
| $389K | ﹤0.01% |
34,708
-48,452
| -58% | -$558K |
|
2767
Azenta
AZTA
$1.33B
| $388K | ﹤0.01% |
35,522
-160,865
| -82% | -$1.69M |
|
2768
3D Systems Corp
DDD
$412M
| $388K | ﹤0.01% |
+6,561
| New | +$489K |
|
|
AIMC
2769
DELISTED
Altra Industrial Motion Corp
AIMC
| $386K | ﹤0.01% |
10,815
-39,917
| -79% | -$1.36M |
|
|
AMPE
2770
DELISTED
Ampio Pharmaceuticals Inc.
AMPE
| $386K | ﹤0.01% |
+203
| New | +$480K |
|
|
LL
2771
DELISTED
LL Flooring Holdings, Inc.
LL
| $385K | ﹤0.01% |
4,100
-11,400
| -74% | -$1.14M |
|
2772
iShares Core US Aggregate Bond ETF
AGG
$138B
| $384K | ﹤0.01% |
+3,558
| New | +$383K |
|
2773
Travelzoo
TZOO
$77.8M
| $383K | ﹤0.01% |
16,740
-33,720
| -67% | -$767K |
|
|
ANFI
2774
DELISTED
AMIRA NATURE FOODS LTD
ANFI
| $383K | ﹤0.01% |
22,489
-2,142
| -9% | -$39.1K |
|
|
RLOC
2775
DELISTED
REACHLOCAL INC COM STK (DE)
RLOC
| $383K | ﹤0.01% |
38,901
-45,261
| -54% | -$526K |
|
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.