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 | |
|---|---|---|---|---|---|---|
|
OA
876
DELISTED
Orbital ATK, Inc.
OA
| $8.9M | 0.03% |
62,644
+10,386
| +20% | +$1.39M |
|
877
lululemon athletica
LULU
$13.5B
| $8.88M | 0.03% |
168,838
-26,752
| -14% | -$1.33M |
|
|
TTPH
878
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $8.88M | 0.03% |
40,766
+27,301
| +203% | +$7.61M |
|
|
CONE
879
DELISTED
CyrusOne Inc Common Stock
CONE
| $8.87M | 0.03% |
+425,772
| New | +$9.27M |
|
880
Molina Healthcare
MOH
$10.2B
| $8.85M | 0.03% |
235,636
+20,091
| +9% | +$740K |
|
881
Navigator Holdings
NVGS
$1.38B
| $8.83M | 0.03% |
339,579
+48,843
| +17% | +$1.2M |
|
882
General Motors
GM
$80.4B
| $8.82M | 0.03% |
256,295
-584,128
| -70% | -$21.5M |
|
883
AerCap
AER
$23.7B
| $8.8M | 0.03% |
208,638
+144,963
| +228% | +$5.65M |
|
|
LSI
884
DELISTED
Life Storage, Inc.
LSI
| $8.79M | 0.03% |
179,550
+156,724
| +687% | +$7.31M |
|
885
Rigel Pharmaceuticals
RIGL
$681M
| $8.79M | 0.03% |
226,528
-101,827
| -31% | -$3.63M |
|
|
ALTR
886
DELISTED
Altera Corp
ALTR
| $8.72M | 0.03% |
240,638
-12,330
| -5% | -$423K |
|
|
AVNR
887
DELISTED
AVANIR PHARMACEUTICALS, INC CL A
AVNR
| $8.72M | 0.03% |
2,375,613
-263,142
| -10% | -$1M |
|
888
Loews
L
$23.9B
| $8.71M | 0.03% |
197,849
+167,306
| +548% | +$7.49M |
|
|
AZPN
889
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $8.71M | 0.03% |
205,698
+54,948
| +36% | +$2.33M |
|
890
Medifast
MED
$109M
| $8.69M | 0.03% |
298,772
-113,452
| -28% | -$3.04M |
|
891
VanEck Gold Miners ETF
GDX
$22.7B
| $8.68M | 0.03% |
367,620
+115,210
| +46% | +$2.83M |
|
892
PUT
Philip Morris
PM
$297B
| $8.63M | 0.03% |
105,400
+3,200
| +3% | +$259K |
|
|
OMG
893
DELISTED
OM GROUP INC.
OMG
| $8.62M | 0.03% |
259,357
+190,944
| +279% | +$6.4M |
|
894
PUT
Petrobras
PBR
$125B
| $8.58M | 0.02% |
652,500
-583,100
| -47% | -$6.81M |
|
895
CALL
Newmont
NEM
$98.7B
| $8.58M | 0.02% |
365,900
+307,200
| +523% | +$7.31M |
|
896
Dentsply Sirona
XRAY
$2.68B
| $8.56M | 0.02% |
185,899
-306,615
| -62% | -$14.2M |
|
|
ANAC
897
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
| $8.55M | 0.02% |
427,497
+91,943
| +27% | +$1.78M |
|
898
Alnylam Pharmaceuticals
ALNY
$27.5B
| $8.55M | 0.02% |
127,355
+121,944
| +2,254% | +$9.44M |
|
899
PUT
PVH
PVH
$4B
| $8.45M | 0.02% |
67,700
+16,100
| +31% | +$1.98M |
|
|
BGC
900
DELISTED
General Cable Corporation
BGC
| $8.45M | 0.02% |
329,813
+203,764
| +162% | +$5.9M |
|
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.