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 | |
|---|---|---|---|---|---|---|
1301
Equinix
EQIX
$103B
| $4.11M | 0.01% |
22,227
-72,674
| -77% | -$13.4M |
|
1302
Lowe's Companies
LOW
$118B
| $4.1M | 0.01% |
83,900
-405,205
| -83% | -$19.6M |
|
1303
Tidewater
TDW
$3.65B
| $4.1M | 0.01% |
2,614
-14,930
| -85% | -$24.4M |
|
1304
ICF International
ICFI
$1.46B
| $4.09M | 0.01% |
102,797
+69,794
| +211% | +$2.55M |
|
|
ENZ
1305
DELISTED
Enzo Biochem, Inc.
ENZ
| $4.09M | 0.01% |
983,635
-227,115
| -19% | -$778K |
|
1306
Sonida Senior Living
SNDA
$1.9B
| $4.08M | 0.01% |
10,475
-8,557
| -45% | -$3.11M |
|
1307
Fulton Financial
FULT
$4.66B
| $4.08M | 0.01% |
324,544
+133,394
| +70% | +$1.68M |
|
1308
PUT
Iron Mountain
IRM
$37.1B
| $4.08M | 0.01% |
160,136
+74,442
| +87% | +$1.9M |
|
1309
PVH
PVH
$4.01B
| $4.07M | 0.01% |
32,589
-17,262
| -35% | -$2.13M |
|
|
HPP
1310
Hudson Pacific Properties
HPP
$766M
| $4.07M | 0.01% |
25,173
+22,802
| +962% | +$3.56M |
|
1311
Allison Transmission
ALSN
$9.57B
| $4.06M | 0.01% |
135,621
+11,421
| +9% | +$331K |
|
1312
Itron
ITRI
$4.33B
| $4.06M | 0.01% |
114,242
+43,330
| +61% | +$1.64M |
|
1313
Black Hills Corp
BKH
$5.5B
| $4.06M | 0.01% |
70,411
+41,912
| +147% | +$2.31M |
|
1314
Labcorp
LH
$25.9B
| $4.06M | 0.01% |
48,108
-12,420
| -21% | -$990K |
|
|
SIAL
1315
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $4.06M | 0.01% |
43,451
+14,833
| +52% | +$1.39M |
|
|
KEG
1316
DELISTED
KEY ENERGY SERVICES INC
KEG
| $4.03M | 0.01% |
+436,433
| New | +$4.03M |
|
|
RENT
1317
DELISTED
RENTRAK CORP
RENT
| $4.03M | 0.01% |
66,791
+54,418
| +440% | +$3.12M |
|
|
AMAP
1318
DELISTED
AUTONAVI HLDGS LTD SPON ADR (CYM)
AMAP
| $4.02M | 0.01% |
200,600
-61,548
| -23% | -$1.12M |
|
1319
Enviri
NVRI
$624M
| $4.02M | 0.01% |
171,547
-174,948
| -50% | -$4.29M |
|
1320
PUT
Beazer Homes USA
BZH
$891M
| $4.02M | 0.01% |
+200,000
| New | +$4.36M |
|
|
FWLT
1321
DELISTED
FOSTER WHEELER AG (SWITZERLAND)
FWLT
| $4.01M | 0.01% |
123,813
+27,597
| +29% | +$863K |
|
1322
CALL
D.R. Horton
DHI
$40.7B
| $4.01M | 0.01% |
185,300
+8,200
| +5% | +$185K |
|
1323
Royal Bank of Canada
RY
$292B
| $4.01M | 0.01% |
60,738
+53,750
| +769% | +$3.47M |
|
|
SKX
1324
DELISTED
Skechers
SKX
| $4.01M | 0.01% |
328,914
-2,780,475
| -89% | -$30.1M |
|
|
EFOR
1325
Everforth Inc
EFOR
$1.13B
| $4M | 0.01% |
103,714
-60,891
| -37% | -$2.04M |
|
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.