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 | |
|---|---|---|---|---|---|---|
726
Tesla
TSLA
$1.23T
| $11.4M | 0.03% |
+820,335
| New | +$11M |
|
|
CMRX
727
DELISTED
Chimerix, Inc.
CMRX
| $11.4M | 0.03% |
497,523
-711
| -0.1% | -$14.3K |
|
|
CA
728
DELISTED
CA, Inc.
CA
| $11.4M | 0.03% |
366,395
+109,241
| +42% | +$3.56M |
|
729
Maximus
MMS
$3.17B
| $11.3M | 0.03% |
252,928
+84,051
| +50% | +$3.8M |
|
730
Chipotle Mexican Grill
CMG
$47.2B
| $11.3M | 0.03% |
997,100
+86,950
| +10% | +$959K |
|
|
ARRS
731
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $11.3M | 0.03% |
401,966
+346,975
| +631% | +$9.47M |
|
|
POT
732
DELISTED
Potash Corp Of Saskatchewan
POT
| $11.3M | 0.03% |
312,683
+89,468
| +40% | +$3.01M |
|
733
Toronto Dominion Bank
TD
$198B
| $11.3M | 0.03% |
241,194
+225,994
| +1,487% | +$10.2M |
|
|
INXN
734
DELISTED
Interxion Holding N.V.
INXN
| $11.3M | 0.03% |
+472,105
| New | +$11.5M |
|
735
Rayonier
RYN
$6.55B
| $11.3M | 0.03% |
363,585
-283,457
| -44% | -$8.53M |
|
736
PUT
Netflix
NFLX
$299B
| $11.3M | 0.03% |
2,247,000
+735,000
| +49% | +$4.21M |
|
|
RCPT
737
DELISTED
RECEPTOS INC COM STK (DE)
RCPT
| $11.3M | 0.03% |
+269,348
| New | +$11.6M |
|
|
NXTM
738
DELISTED
NxStage Medical Inc.
NXTM
| $11.3M | 0.03% |
884,191
-42,660
| -5% | -$556K |
|
|
INN
739
Summit Hotel Properties
INN
$746M
| $11.3M | 0.03% |
1,212,463
+213,210
| +21% | +$1.93M |
|
|
IM
740
DELISTED
Ingram Micro
IM
| $11.2M | 0.03% |
379,455
+114,396
| +43% | +$3.07M |
|
|
ITG
741
DELISTED
Investment Technology Group Inc
ITG
| $11.2M | 0.03% |
553,902
+506,505
| +1,069% | +$9.14M |
|
742
Cousins Properties
CUZ
$5.19B
| $11.2M | 0.03% |
345,416
-111,568
| -24% | -$3.46M |
|
|
PCL
743
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $11.2M | 0.03% |
+265,977
| New | +$11.4M |
|
|
TWX
744
DELISTED
Time Warner Inc
TWX
| $11.2M | 0.03% |
+178,490
| New | +$11.2M |
|
745
MSCI
MSCI
$41.6B
| $11.1M | 0.03% |
258,951
+139,676
| +117% | +$6.09M |
|
746
Aptiv
APTV
$12B
| $11.1M | 0.03% |
164,137
+154,437
| +1,592% | +$9.86M |
|
|
FLIR
747
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $11.1M | 0.03% |
309,006
-42,400
| -12% | -$1.4M |
|
|
IHS
748
DELISTED
IHS INC CL-A COM STK
IHS
| $11.1M | 0.03% |
+91,418
| New | +$10.8M |
|
749
Cinemark Holdings
CNK
$4.24B
| $11.1M | 0.03% |
382,602
+258,293
| +208% | +$7.75M |
|
750
CALL
Ulta Beauty
ULTA
$22B
| $11.1M | 0.03% |
113,800
-17,400
| -13% | -$1.57M |
|
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.