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 | |
|---|---|---|---|---|---|---|
326
Empire State Realty Trust
ESRT
$872M
| $27.2M | 0.08% |
1,799,229
+1,672,079
| +1,315% | +$24.9M |
|
327
The Mosaic Company
MOS
$7.03B
| $27.1M | 0.08% |
542,288
+243,255
| +81% | +$11.6M |
|
328
General Dynamics
GD
$104B
| $27.1M | 0.08% |
248,623
+240,243
| +2,867% | +$24.9M |
|
|
SUNE
329
DELISTED
SUNEDISON, INC COM
SUNE
| $27M | 0.08% |
1,435,363
+1,010,509
| +238% | +$16.8M |
|
330
LPL Financial
LPLA
$28.3B
| $27M | 0.08% |
514,216
+453,620
| +749% | +$23.9M |
|
331
American Financial Group
AFG
$11.8B
| $27M | 0.08% |
467,819
+284,270
| +155% | +$16M |
|
|
AUXL
332
DELISTED
AUXILIUM PHARAMCEUTICALS INC
AUXL
| $27M | 0.08% |
993,223
+837,460
| +538% | +$22.2M |
|
333
Western Digital
WDC
$188B
| $26.9M | 0.08% |
387,815
-128,360
| -25% | -$8.38M |
|
334
CubeSmart
CUBE
$9.39B
| $26.9M | 0.08% |
+1,566,435
| New | +$26.2M |
|
335
Regeneron Pharmaceuticals
REGN
$78.5B
| $26.8M | 0.08% |
89,164
-53,466
| -37% | -$16.5M |
|
|
EQY
336
DELISTED
Equity One
EQY
| $26.7M | 0.08% |
+1,195,563
| New | +$27.1M |
|
|
PVTB
337
DELISTED
PrivateBancorp Inc
PVTB
| $26.7M | 0.08% |
873,540
+226,529
| +35% | +$6.57M |
|
338
Advance Auto Parts
AAP
$3.35B
| $26.6M | 0.08% |
210,161
+13,319
| +7% | +$1.62M |
|
|
VNET
339
VNET Group
VNET
$2.04B
| $26.6M | 0.08% |
925,124
+909,624
| +5,869% | +$22.7M |
|
340
Bank of Montreal
BMO
$126B
| $26.5M | 0.08% |
395,411
+347,641
| +728% | +$22.6M |
|
341
Albemarle
ALB
$13.9B
| $26.5M | 0.08% |
398,552
+368,496
| +1,226% | +$23.9M |
|
342
Ashland
ASH
$3.33B
| $26.2M | 0.08% |
539,228
+157,350
| +41% | +$7.39M |
|
343
Visteon
VC
$2.79B
| $26.2M | 0.08% |
296,152
-78,895
| -21% | -$6.57M |
|
344
Bunge Global
BG
$20.4B
| $26.1M | 0.08% |
328,327
+217,227
| +196% | +$17.1M |
|
345
Charter Communications
CHTR
$17.3B
| $26M | 0.08% |
211,275
+52,023
| +33% | +$6.81M |
|
346
NCR Voyix
VYX
$1.14B
| $25.8M | 0.07% |
1,152,048
+295,633
| +35% | +$6.28M |
|
|
PACD
347
DELISTED
Pacific Drilling S A
PACD
| $25.7M | 0.07% |
236,552
+76,011
| +47% | +$7.97M |
|
348
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$32.8B
| $25.7M | 0.07% |
490,700
+140,200
| +40% | +$7.2M |
|
|
EVHC
349
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $25.6M | 0.07% |
252,889
+121,196
| +92% | +$12.1M |
|
350
Bruker
BRKR
$9.57B
| $25.6M | 0.07% |
1,122,051
-310,136
| -22% | -$6.76M |
|
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.