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 | |
|---|---|---|---|---|---|---|
2801
CNA Financial
CNA
$15B
| $370K | ﹤0.01% |
+8,670
| New | +$360K |
|
2802
CALL
Domino's
DPZ
$11.6B
| $369K | ﹤0.01% |
+4,800
| New | +$354K |
|
2803
CALL
Gold Fields
GFI
$29.2B
| $369K | ﹤0.01% |
100,000
-425,000
| -81% | -$1.57M |
|
|
TIS
2804
DELISTED
Orchids Paper Products, Inc.
TIS
| $369K | ﹤0.01% |
+12,074
| New | +$388K |
|
2805
CALL
Factset
FDS
$10.1B
| $367K | ﹤0.01% |
3,400
-2,100
| -38% | -$222K |
|
2806
Arbor Realty Trust
ABR
$979M
| $366K | ﹤0.01% |
52,935
+8,435
| +19% | +$57.8K |
|
|
BBBY
2807
Bed Bath & Beyond
BBBY
$503M
| $366K | ﹤0.01% |
24,761
+9,341
| +61% | +$160K |
|
|
AMED
2808
DELISTED
Amedisys
AMED
| $365K | ﹤0.01% |
24,508
-23,499
| -49% | -$362K |
|
|
TE
2809
CALL
DELISTED
TECO ENERGY INC
TE
| $365K | ﹤0.01% |
+21,300
| New | +$356K |
|
2810
Casella Waste Systems
CWST
$5.79B
| $364K | ﹤0.01% |
71,197
+12,127
| +21% | +$64.8K |
|
2811
CALL
Guidewire Software
GWRE
$13.3B
| $363K | ﹤0.01% |
+7,400
| New | +$371K |
|
|
SGMO
2812
CALL
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $363K | ﹤0.01% |
+20,100
| New | +$387K |
|
2813
Tower Semiconductor
TSEM
$22.9B
| $363K | ﹤0.01% |
+39,731
| New | +$285K |
|
2814
CALL
Ball Corp
BALL
$17.8B
| $362K | ﹤0.01% |
+13,200
| New | +$350K |
|
2815
B&G Foods
BGS
$297M
| $362K | ﹤0.01% |
+12,016
| New | +$376K |
|
2816
PUT
Buckle
BKE
$2.35B
| $362K | ﹤0.01% |
+7,900
| New | +$360K |
|
2817
GameStop
GME
$9.94B
| $362K | ﹤0.01% |
35,204
-1,155,152
| -97% | -$11.1M |
|
2818
iShares Core S&P Mid-Cap ETF
IJH
$123B
| $362K | ﹤0.01% |
+13,160
| New | +$354K |
|
2819
PUT
Jazz Pharmaceuticals
JAZZ
$16.1B
| $361K | ﹤0.01% |
+2,600
| New | +$391K |
|
2820
PUT
Stratasys
SSYS
$690M
| $361K | ﹤0.01% |
3,400
+200
| +6% | +$23.9K |
|
2821
Autohome
ATHM
$2.65B
| $360K | ﹤0.01% |
+9,377
| New | +$346K |
|
2822
PUT
TC Energy
TRP
$70.5B
| $360K | ﹤0.01% |
+7,900
| New | +$351K |
|
|
DSPG
2823
DELISTED
DSP Group Inc
DSPG
| $360K | ﹤0.01% |
+41,645
| New | +$378K |
|
2824
Ameris Bancorp
ABCB
$5.9B
| $359K | ﹤0.01% |
+15,410
| New | +$328K |
|
2825
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$237M
| – | – |
0
| – | – |
|
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.