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 | |
|---|---|---|---|---|---|---|
976
Parker-Hannifin
PH
$124B
| $7.48M | 0.02% |
62,487
-33,474
| -35% | -$4.02M |
|
|
ASNA
977
DELISTED
Ascena Retail Group, Inc.
ASNA
| $7.48M | 0.02% |
21,636
-6,582
| -23% | -$2.5M |
|
978
Curtiss-Wright
CW
$26.9B
| $7.46M | 0.02% |
+117,472
| New | +$7.43M |
|
979
Raymond James Financial
RJF
$33.8B
| $7.45M | 0.02% |
199,838
+69,224
| +53% | +$2.42M |
|
980
Vishay Intertechnology
VSH
$5.27B
| $7.45M | 0.02% |
500,387
-74,866
| -13% | -$1.05M |
|
|
MCRS
981
DELISTED
MICROS SYSTEMS INC
MCRS
| $7.42M | 0.02% |
+140,192
| New | +$7.77M |
|
982
BlackRock TCP Capital
TCPC
$270M
| $7.42M | 0.02% |
448,137
+379,193
| +550% | +$6.5M |
|
|
BV
983
DELISTED
Bazaarvoice, Inc.
BV
| $7.41M | 0.02% |
1,015,627
-53,840
| -5% | -$407K |
|
|
CSII
984
DELISTED
Cardiovascular Systems, Inc.
CSII
| $7.41M | 0.02% |
233,191
+63,205
| +37% | +$2.09M |
|
985
Prospect Capital
PSEC
$1.07B
| $7.4M | 0.02% |
685,284
+91,473
| +15% | +$1.01M |
|
|
HME
986
DELISTED
HOME PROPERTIES, INC
HME
| $7.39M | 0.02% |
122,897
+96,223
| +361% | +$5.56M |
|
|
MWW
987
DELISTED
Monster Worldwide Inc
MWW
| $7.38M | 0.02% |
986,465
+807,472
| +451% | +$5.84M |
|
|
CWEI
988
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $7.38M | 0.02% |
65,264
+35,621
| +120% | +$3.03M |
|
989
Wolfspeed
WOLF
$1.23B
| $7.37M | 0.02% |
+130,344
| New | +$7.95M |
|
990
PUT
Franco-Nevada
FNV
$41.2B
| $7.37M | 0.02% |
160,700
+56,900
| +55% | +$2.73M |
|
991
Helix Energy Solutions
HLX
$1.4B
| $7.36M | 0.02% |
320,282
+302,812
| +1,733% | +$6.74M |
|
992
CALL
Zimmer Biomet
ZBH
$18.2B
| $7.36M | 0.02% |
+80,134
| New | +$7.39M |
|
993
iShares Silver Trust
SLV
$28B
| $7.34M | 0.02% |
385,401
+362,701
| +1,598% | +$7.13M |
|
|
SEE
994
DELISTED
Sealed Air
SEE
| $7.32M | 0.02% |
222,829
+168,011
| +306% | +$5.48M |
|
995
FirstEnergy
FE
$28B
| $7.32M | 0.02% |
215,090
-942,318
| -81% | -$29.8M |
|
|
TIBX
996
DELISTED
TIBCO SOFTWARE INC
TIBX
| $7.32M | 0.02% |
359,974
-229,667
| -39% | -$4.98M |
|
|
MBT
997
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $7.31M | 0.02% |
417,825
+133,425
| +47% | +$2.38M |
|
|
CY
998
DELISTED
Cypress Semiconductor
CY
| $7.31M | 0.02% |
+711,467
| New | +$7.2M |
|
|
ANSS
999
DELISTED
Ansys
ANSS
| $7.28M | 0.02% |
94,538
-19,068
| -17% | -$1.54M |
|
1000
PUT
Toll Brothers
TOL
$13.6B
| $7.27M | 0.02% |
202,500
-104,000
| -34% | -$3.83M |
|
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.