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 | |
|---|---|---|---|---|---|---|
451
Goodyear
GT
$2B
| $20M | 0.06% |
764,037
+335,455
| +78% | +$8.54M |
|
452
Petrobras
PBR
$125B
| $19.9M | 0.06% |
1,510,435
+40,787
| +3% | +$476K |
|
453
CALL
Bath & Body Works
BBWI
$4.06B
| $19.8M | 0.06% |
432,084
+410,436
| +1,896% | +$18.5M |
|
|
BPL
454
CALL
DELISTED
Buckeye Partners, L.P.
BPL
| $19.8M | 0.06% |
+263,900
| New | +$19.2M |
|
|
BIG
455
DELISTED
Big Lots, Inc.
BIG
| $19.6M | 0.06% |
518,187
+307,394
| +146% | +$9.48M |
|
456
CALL
Constellation Brands
STZ
$22.2B
| $19.6M | 0.06% |
230,600
+81,500
| +55% | +$6.48M |
|
|
WOOF
457
DELISTED
VCA Inc.
WOOF
| $19.6M | 0.06% |
607,642
-455,733
| -43% | -$14.7M |
|
|
THOR
458
DELISTED
THORATEC CORPORATION
THOR
| $19.5M | 0.06% |
544,281
+224,353
| +70% | +$8.04M |
|
459
Hasbro
HAS
$13.2B
| $19.5M | 0.06% |
350,308
-13,564
| -4% | -$722K |
|
460
AutoNation
AN
$7.11B
| $19.4M | 0.06% |
365,213
+48,269
| +15% | +$2.46M |
|
461
BHP
BHP
$215B
| $19.4M | 0.06% |
338,554
+176,646
| +109% | +$9.9M |
|
|
LPT
462
DELISTED
Liberty Property Trust
LPT
| $19.3M | 0.06% |
523,347
-203,048
| -28% | -$7.35M |
|
463
CNO Financial Group
CNO
$5.14B
| $19.2M | 0.06% |
1,062,904
+746,072
| +235% | +$13.4M |
|
|
ARRS
464
CALL
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $19.2M | 0.06% |
+682,200
| New | +$18.6M |
|
465
Air Products & Chemicals
APD
$65.7B
| $19.2M | 0.06% |
174,434
-79,122
| -31% | -$8.4M |
|
466
Voya Financial
VOYA
$9.01B
| $19.2M | 0.06% |
528,208
+180,018
| +52% | +$6.39M |
|
467
Kemper
KMPR
$1.67B
| $19.2M | 0.06% |
489,051
+393,974
| +414% | +$15.1M |
|
|
CLGX
468
DELISTED
Corelogic, Inc.
CLGX
| $19.2M | 0.06% |
637,502
+35,717
| +6% | +$1.18M |
|
469
JB Hunt Transport Services
JBHT
$25.5B
| $19.1M | 0.06% |
266,110
+201,718
| +313% | +$14.9M |
|
|
CNQR
470
DELISTED
CONCUR TECHNOLOGIES INC
CNQR
| $19.1M | 0.06% |
193,123
+132,344
| +218% | +$14.9M |
|
471
CALL
iShares Silver Trust
SLV
$28B
| $19M | 0.06% |
+1,000,000
| New | +$19.7M |
|
|
AMRI
472
DELISTED
Albany Molecular Research Inc
AMRI
| $19M | 0.06% |
1,022,181
+967,629
| +1,774% | +$13.3M |
|
|
CFN
473
DELISTED
CAREFUSION CORPORATION
CFN
| $19M | 0.06% |
471,712
-20,538
| -4% | -$831K |
|
474
LKQ Corp
LKQ
$5.68B
| $18.9M | 0.05% |
715,795
+417,425
| +140% | +$11.7M |
|
|
AVP
475
DELISTED
Avon Products, Inc.
AVP
| $18.8M | 0.05% |
1,286,109
+902,428
| +235% | +$13.9M |
|
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.