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 | |
|---|---|---|---|---|---|---|
|
BBBY
1151
DELISTED
Bed Bath & Beyond Inc
BBBY
| $5.56M | 0.02% |
80,849
-15,779
| -16% | -$1.07M |
|
|
LLL
1152
DELISTED
L3 Technologies, Inc.
LLL
| $5.56M | 0.02% |
47,021
+9,510
| +25% | +$1.06M |
|
1153
POSCO
PKX
$16.1B
| $5.55M | 0.02% |
80,026
+70,826
| +770% | +$4.87M |
|
1154
Carter's
CRI
$1.33B
| $5.55M | 0.02% |
71,506
-38,645
| -35% | -$2.78M |
|
1155
America Movil
AMX
$75.8B
| $5.53M | 0.02% |
+278,237
| New | +$5.76M |
|
|
UMPQ
1156
DELISTED
Umpqua Holdings Corp
UMPQ
| $5.52M | 0.02% |
295,961
+283,961
| +2,366% | +$5.14M |
|
|
RDEN
1157
DELISTED
ELIZABETH ARDEN INC
RDEN
| $5.5M | 0.02% |
186,435
+142,398
| +323% | +$4.24M |
|
|
TBI
1158
Trueblue
TBI
$216M
| $5.5M | 0.02% |
187,975
-283,059
| -60% | -$7.59M |
|
|
BONA
1159
DELISTED
BONA FILM GROUP LTD SPONSORED ADS
BONA
| $5.49M | 0.02% |
876,135
+598,905
| +216% | +$3.91M |
|
1160
Copart
CPRT
$26.9B
| $5.47M | 0.02% |
1,203,328
+943,816
| +364% | +$4.19M |
|
|
1161
CALL
Verizon
VZ
$192B
| $5.47M | 0.02% |
115,000
-11,800
| -9% | -$558K |
|
|
VTLE
1162
CALL
DELISTED
Vital Energy
VTLE
| $5.46M | 0.02% |
10,560
+170
| +2% | +$86.9K |
|
1163
CALL
Vertex Pharmaceuticals
VRTX
$120B
| $5.46M | 0.02% |
+77,200
| New | +$6.11M |
|
|
STI
1164
CALL
DELISTED
SunTrust Banks, Inc.
STI
| $5.46M | 0.02% |
+137,100
| New | +$5.24M |
|
1165
Wabtec
WAB
$49.4B
| $5.45M | 0.02% |
70,302
+38,994
| +125% | +$2.98M |
|
|
ANN
1166
DELISTED
ANN INC
ANN
| $5.41M | 0.02% |
130,442
+99,776
| +325% | +$3.56M |
|
|
LIN
1167
DELISTED
LIN MEDIA LLC CLASS A COM
LIN
| $5.4M | 0.02% |
203,906
-171,814
| -46% | -$4.06M |
|
|
COL
1168
DELISTED
Rockwell Collins
COL
| $5.38M | 0.02% |
67,573
-56,714
| -46% | -$4.46M |
|
1169
Hexcel
HXL
$7.77B
| $5.38M | 0.02% |
123,443
+10,118
| +9% | +$442K |
|
|
FNGN
1170
DELISTED
Financial Engines, Inc.
FNGN
| $5.37M | 0.02% |
105,797
+81,374
| +333% | +$4.9M |
|
1171
CALL
UGI
UGI
$7.66B
| $5.36M | 0.02% |
176,250
-41,550
| -19% | -$1.2M |
|
|
PTLA
1172
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $5.35M | 0.02% |
206,587
+185,847
| +896% | +$4.96M |
|
|
CBI
1173
PUT
DELISTED
Chicago Bridge & Iron Nv
CBI
| $5.35M | 0.02% |
+61,400
| New | +$4.99M |
|
1174
Louisiana-Pacific
LPX
$4.98B
| $5.35M | 0.02% |
317,149
-371,527
| -54% | -$6.52M |
|
1175
Kennametal
KMT
$2.56B
| $5.34M | 0.02% |
120,625
-764,455
| -86% | -$35M |
|
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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.