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 | |
|---|---|---|---|---|---|---|
|
SPWR
1226
DELISTED
SunPower Corporation Common Stock
SPWR
| $4.84M | 0.01% |
229,050
+41,464
| +22% | +$886K |
|
1227
PUT
Tapestry
TPR
$30.8B
| $4.82M | 0.01% |
97,000
-384,700
| -80% | -$19.2M |
|
|
CODE
1228
DELISTED
SPANSION INC, CLASS A COMMON STOCK
CODE
| $4.77M | 0.01% |
+273,677
| New | +$4.3M |
|
|
ENIA
1229
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $4.75M | 0.01% |
567,519
+163,881
| +41% | +$1.26M |
|
1230
CALL
Marathon Petroleum
MPC
$91.7B
| $4.74M | 0.01% |
108,800
-1,014,000
| -90% | -$44.4M |
|
1231
Diamondback Energy
FANG
$56.2B
| $4.72M | 0.01% |
70,173
-605,889
| -90% | -$34.8M |
|
|
ELGX
1232
DELISTED
Endologix Inc
ELGX
| $4.72M | 0.01% |
36,665
+31,527
| +614% | +$4.9M |
|
|
ELME
1233
Elme Communities
ELME
$144M
| $4.71M | 0.01% |
+197,306
| New | +$4.66M |
|
|
NBIS
1234
Nebius Group N.V.
NBIS
$47.8B
| $4.7M | 0.01% |
155,535
+105,932
| +214% | +$3.91M |
|
1235
CALL
CF Industries
CF
$19.3B
| $4.69M | 0.01% |
90,000
-3,500
| -4% | -$170K |
|
1236
Highwoods Properties
HIW
$3.73B
| $4.65M | 0.01% |
121,105
-158,562
| -57% | -$5.89M |
|
|
IMPV
1237
DELISTED
Imperva, Inc.
IMPV
| $4.65M | 0.01% |
83,432
-19,877
| -19% | -$1.14M |
|
1238
Primoris Services
PRIM
$4.65B
| $4.63M | 0.01% |
154,275
+111,521
| +261% | +$3.53M |
|
|
N
1239
DELISTED
Netsuite Inc
N
| $4.62M | 0.01% |
48,754
+413
| +0.9% | +$44.1K |
|
1240
Norwegian Cruise Line
NCLH
$8.59B
| $4.61M | 0.01% |
142,936
-21,474
| -13% | -$734K |
|
1241
Gray Television
GTN
$417M
| $4.61M | 0.01% |
444,344
+295,911
| +199% | +$3.36M |
|
|
FINL
1242
DELISTED
Finish Line
FINL
| $4.59M | 0.01% |
169,563
-176,555
| -51% | -$4.69M |
|
1243
Celldex Therapeutics
CLDX
$3.02B
| $4.59M | 0.01% |
17,327
+16,554
| +2,142% | +$6.34M |
|
1244
Cognex
CGNX
$10.4B
| $4.59M | 0.01% |
271,000
+231,400
| +584% | +$4.32M |
|
1245
Expro Ltd
XPRO
$1.71B
| $4.59M | 0.01% |
30,850
+23,481
| +319% | +$3.34M |
|
1246
Pegasystems
PEGA
$4.94B
| $4.58M | 0.01% |
519,224
+310,740
| +149% | +$3.35M |
|
|
CBD
1247
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $4.57M | 0.01% |
+104,422
| New | +$4.27M |
|
|
JIVE
1248
DELISTED
Jive Software, Inc.
JIVE
| $4.57M | 0.01% |
570,303
+452,491
| +384% | +$4.06M |
|
|
EV
1249
DELISTED
Eaton Vance Corp.
EV
| $4.56M | 0.01% |
119,512
-61,035
| -34% | -$2.35M |
|
|
CHSP
1250
DELISTED
Chesapeake Lodging Trust
CHSP
| $4.56M | 0.01% |
177,240
+105,983
| +149% | +$2.69M |
|
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.