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 | |
|---|---|---|---|---|---|---|
|
GBL
3151
DELISTED
GAMCO Investors, Inc.
GBL
| $214K | ﹤0.01% |
5,122
-3,660
| -42% | -$160K |
|
|
ROSE
3152
CALL
DELISTED
ROSETTA RESOURCES INC
ROSE
| $214K | ﹤0.01% |
+4,600
| New | +$208K |
|
3153
Matsons
MATX
$6.22B
| $213K | ﹤0.01% |
8,630
-32,470
| -79% | -$801K |
|
|
JBTM
3154
JBT Marel
JBTM
$7.37B
| $213K | ﹤0.01% |
6,900
-41,669
| -86% | -$1.27M |
|
|
LLL
3155
CALL
DELISTED
L3 Technologies, Inc.
LLL
| $213K | ﹤0.01% |
+1,800
| New | +$201K |
|
|
BNY
3156
PUT
Bank of New York Mellon
BNY
$107B
| $212K | ﹤0.01% |
+6,000
| New | +$198K |
|
3157
CALL
CarMax
KMX
$8.29B
| $211K | ﹤0.01% |
+4,500
| New | +$210K |
|
3158
PUT
Brinker International
EAT
$8.38B
| $210K | ﹤0.01% |
+4,000
| New | +$200K |
|
3159
Geron
GERN
$949M
| $209K | ﹤0.01% |
105,800
-675,350
| -86% | -$2.69M |
|
3160
PUT
Wells Fargo
WFC
$264B
| $209K | ﹤0.01% |
+4,200
| New | +$196K |
|
|
CSFL
3161
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $209K | ﹤0.01% |
+19,109
| New | +$203K |
|
3162
PUT
Popular Inc
BPOP
$10.9B
| $208K | ﹤0.01% |
+6,700
| New | +$191K |
|
3163
PUT
Canadian Solar
CSIQ
$936M
| $208K | ﹤0.01% |
+6,500
| New | +$244K |
|
3164
Fresenius Medical Care
FMS
$13.4B
| $208K | ﹤0.01% |
5,975
-30,125
| -83% | -$1.05M |
|
3165
PUT
Corning
GLW
$123B
| $208K | ﹤0.01% |
+10,000
| New | +$188K |
|
3166
QuinStreet
QNST
$893M
| $208K | ﹤0.01% |
31,334
-13,103
| -29% | -$97K |
|
|
BEAV
3167
CALL
DELISTED
B/E Aerospace Inc
BEAV
| $208K | ﹤0.01% |
+3,314
| New | +$201K |
|
3168
PUT
APA Corp
APA
$12.3B
| $207K | ﹤0.01% |
+2,500
| New | +$205K |
|
|
ODP
3169
PUT
DELISTED
ODP
ODP
| $207K | ﹤0.01% |
+5,000
| New | +$241K |
|
3170
PUT
Broadcom
AVGO
$1.82T
| $206K | ﹤0.01% |
32,000
-12,000
| -27% | -$70.3K |
|
3171
Belden
BDC
$4.12B
| $206K | ﹤0.01% |
2,960
-41,176
| -93% | -$2.86M |
|
3172
CALL
Cooper Companies
COO
$13.7B
| $206K | ﹤0.01% |
6,000
-27,200
| -82% | -$873K |
|
|
CNCE
3173
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $206K | ﹤0.01% |
+15,280
| New | +$216K |
|
3174
SiriusPoint
SPNT
$3.01B
| $205K | ﹤0.01% |
+12,961
| New | +$209K |
|
3175
PUT
TE Connectivity
TEL
$60.2B
| $205K | ﹤0.01% |
+3,400
| New | +$195K |
|
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.