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 | |
|---|---|---|---|---|---|---|
901
RPM International
RPM
$13.7B
| $8.43M | 0.02% |
+201,473
| New | +$8.3M |
|
902
CALL
State Street SPDR S&P Retail ETF
XRT
$449M
| $8.43M | 0.02% |
+200,000
| New | +$8.37M |
|
|
GLUU
903
DELISTED
Glu Mobile Inc.
GLUU
| $8.39M | 0.02% |
1,771,114
+1,267,938
| +252% | +$5.85M |
|
904
Sprouts Farmers Market
SFM
$8.13B
| $8.38M | 0.02% |
232,649
+69,936
| +43% | +$2.57M |
|
905
Capital One
COF
$128B
| $8.38M | 0.02% |
108,596
-174,371
| -62% | -$12.8M |
|
906
Celanese
CE
$4.9B
| $8.35M | 0.02% |
150,402
-257,080
| -63% | -$13.7M |
|
907
Tyler Technologies
TYL
$12.7B
| $8.34M | 0.02% |
99,706
+84,299
| +547% | +$8.14M |
|
|
AL
908
DELISTED
Air Lease Corp
AL
| $8.34M | 0.02% |
223,663
-150,864
| -40% | -$5.12M |
|
909
West Pharmaceutical
WST
$24B
| $8.3M | 0.02% |
188,428
+183,366
| +3,622% | +$8.63M |
|
910
CALL
Comcast
CMCSA
$85B
| $8.3M | 0.02% |
331,600
+131,600
| +66% | +$3.43M |
|
|
BRFS
911
DELISTED
BRF SA
BRFS
| $8.29M | 0.02% |
415,146
-101,788
| -20% | -$1.86M |
|
912
CONMED
CNMD
$1.39B
| $8.29M | 0.02% |
190,842
+158,982
| +499% | +$7.08M |
|
913
Walmart Inc
WMT
$885B
| $8.29M | 0.02% |
325,290
-343,221
| -51% | -$8.62M |
|
914
LXP Industrial Trust
LXP
$3.57B
| $8.27M | 0.02% |
151,664
-231,198
| -60% | -$12.5M |
|
915
Trex
TREX
$4.51B
| $8.26M | 0.02% |
903,320
+869,648
| +2,583% | +$7.78M |
|
916
Moody's
MCO
$82.8B
| $8.24M | 0.02% |
103,897
-577,935
| -85% | -$45.3M |
|
|
BEE
917
DELISTED
STRATEGIC HOTELS & RESORTS, INC
BEE
| $8.23M | 0.02% |
807,308
+296,326
| +58% | +$2.89M |
|
918
Stanley Black & Decker
SWK
$14.3B
| $8.22M | 0.02% |
101,231
-76,563
| -43% | -$6.14M |
|
|
VMW
919
DELISTED
VMware, Inc
VMW
| $8.22M | 0.02% |
76,060
-152,337
| -67% | -$14.9M |
|
|
RKUS
920
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $8.21M | 0.02% |
675,342
+605,697
| +870% | +$8.35M |
|
921
Hormel Foods
HRL
$13.8B
| $8.21M | 0.02% |
333,184
+123,722
| +59% | +$2.85M |
|
922
CALL
Tapestry
TPR
$30.8B
| $8.19M | 0.02% |
165,000
+118,900
| +258% | +$5.92M |
|
|
ENZY
923
DELISTED
Enzymotec Ltd
ENZY
| $8.19M | 0.02% |
+372,058
| New | +$9.86M |
|
|
TWTC
924
DELISTED
TW TELECOM INC CL A COM
TWTC
| $8.19M | 0.02% |
261,954
+243,516
| +1,321% | +$7.37M |
|
|
DRC
925
DELISTED
DRESSER-RAND GROUP INC
DRC
| $8.18M | 0.02% |
140,025
-135,090
| -49% | -$7.69M |
|
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.