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 | |
|---|---|---|---|---|---|---|
3076
Simmons First National
SFNC
$3.39B
| $239K | ﹤0.01% |
+12,844
| New | +$231K |
|
|
PBCT
3077
PUT
DELISTED
People's United Financial Inc
PBCT
| $239K | ﹤0.01% |
+16,100
| New | +$234K |
|
|
STNR
3078
DELISTED
STEINER LEISURE LTD
STNR
| $239K | ﹤0.01% |
+5,160
| New | +$246K |
|
3079
Sunstone Hotel Investors
SHO
$2.19B
| $238K | ﹤0.01% |
17,319
-163,276
| -90% | -$2.18M |
|
|
ANDV
3080
PUT
DELISTED
Andeavor
ANDV
| $238K | ﹤0.01% |
4,700
-6,200
| -57% | -$322K |
|
|
REV
3081
DELISTED
Revlon, Inc.
REV
| $238K | ﹤0.01% |
+9,300
| New | +$229K |
|
3082
PUT
Methanex
MEOH
$4.12B
| $237K | ﹤0.01% |
+3,700
| New | +$234K |
|
3083
ePlus
PLUS
$2.42B
| $237K | ﹤0.01% |
17,036
-6,036
| -26% | -$85K |
|
3084
CALL
Toyota
TM
$221B
| $237K | ﹤0.01% |
2,100
-2,300
| -52% | -$265K |
|
3085
CALL
Jazz Pharmaceuticals
JAZZ
$16.1B
| $236K | ﹤0.01% |
+1,700
| New | +$256K |
|
3086
PUT
Kulicke & Soffa
KLIC
$4.76B
| $236K | ﹤0.01% |
+18,700
| New | +$222K |
|
3087
PUT
Nike
NKE
$63.9B
| $236K | ﹤0.01% |
6,400
-8,800
| -58% | -$333K |
|
3088
Tompkins Financial
TMP
$1.45B
| $236K | ﹤0.01% |
+4,828
| New | +$234K |
|
|
TOO
3089
DELISTED
Teekay Offshore Partners L.P.
TOO
| $236K | ﹤0.01% |
7,227
-23,207
| -76% | -$741K |
|
|
EPIQ
3090
DELISTED
EPIQ SYSTEMS INC
EPIQ
| $236K | ﹤0.01% |
17,333
-15,618
| -47% | -$225K |
|
3091
PUT
SM Energy
SM
$7.11B
| $235K | ﹤0.01% |
3,300
-3,500
| -51% | -$274K |
|
3092
Grupo Cibest SA
CIB
$21.1B
| $234K | ﹤0.01% |
4,145
-30,787
| -88% | -$1.51M |
|
3093
CALL
Micron Technology
MU
$927B
| $234K | ﹤0.01% |
9,900
-91,100
| -90% | -$2.16M |
|
|
CACQ
3094
DELISTED
Caesars Acquisition Company
CACQ
| $234K | ﹤0.01% |
16,441
-53,759
| -77% | -$746K |
|
3095
CALL
Carter's
CRI
$1.45B
| $233K | ﹤0.01% |
+3,000
| New | +$216K |
|
3096
PUT
Intuit
INTU
$85.6B
| $233K | ﹤0.01% |
+3,000
| New | +$229K |
|
3097
PUT
United Airlines
UAL
$40.2B
| $232K | ﹤0.01% |
+5,200
| New | +$234K |
|
|
MDP
3098
PUT
DELISTED
Meredith Corporation
MDP
| $232K | ﹤0.01% |
+5,000
| New | +$229K |
|
|
CDI
3099
DELISTED
CDI Corp.
CDI
| $232K | ﹤0.01% |
+13,532
| New | +$240K |
|
3100
PUT
Dillards
DDS
$9.2B
| $231K | ﹤0.01% |
+2,500
| New | +$226K |
|
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.