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 | |
|---|---|---|---|---|---|---|
|
GES
1401
DELISTED
Guess Inc
GES
| $3.58M | 0.01% |
129,788
+97,994
| +308% | +$2.84M |
|
1402
PUT
Achieve Life Sciences
ACHV
$647M
| $3.53M | 0.01% |
+136
| New | +$3.34M |
|
1403
Mercado Libre
MELI
$95.6B
| $3.53M | 0.01% |
37,071
+17,266
| +87% | +$1.68M |
|
|
COBZ
1404
DELISTED
CoBiz Financial,Inc
COBZ
| $3.52M | 0.01% |
305,574
+224,537
| +277% | +$2.54M |
|
1405
Puma Biotechnology
PBYI
$402M
| $3.51M | 0.01% |
33,747
+33,647
| +33,647% | +$3.95M |
|
|
LLTC
1406
DELISTED
Linear Technology Corp
LLTC
| $3.5M | 0.01% |
+71,801
| New | +$3.31M |
|
|
TPC
1407
Tutor Perini Cor
TPC
$4.38B
| $3.49M | 0.01% |
+121,579
| New | +$3.09M |
|
1408
Applied Materials
AMAT
$398B
| $3.48M | 0.01% |
170,720
-847,332
| -83% | -$15.6M |
|
1409
PUT
Jabil
JBL
$32.3B
| $3.48M | 0.01% |
+193,400
| New | +$3.48M |
|
|
WFT
1410
CALL
DELISTED
Weatherford International plc
WFT
| $3.48M | 0.01% |
200,500
-604,100
| -75% | -$9.26M |
|
|
RKT
1411
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $3.48M | 0.01% |
65,854
-7,580
| -10% | -$397K |
|
1412
Polaris
PII
$3.88B
| $3.47M | 0.01% |
24,847
-23,994
| -49% | -$3.24M |
|
1413
Comfort Systems
FIX
$59.8B
| $3.47M | 0.01% |
227,590
-2,304
| -1% | -$39.3K |
|
1414
Selective Insurance
SIGI
$5.64B
| $3.45M | 0.01% |
147,992
+86,798
| +142% | +$2.06M |
|
|
SWS
1415
DELISTED
SWS GROUP INC
SWS
| $3.45M | 0.01% |
+460,641
| New | +$3.53M |
|
1416
Manitowoc
MTW
$497M
| $3.44M | 0.01% |
120,602
-157,376
| -57% | -$4.03M |
|
|
AXLL
1417
PUT
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $3.43M | 0.01% |
76,400
-127,200
| -62% | -$5.42M |
|
1418
iShares MSCI Mexico ETF
EWW
$1.93B
| $3.43M | 0.01% |
+53,647
| New | +$3.36M |
|
|
CAA
1419
DELISTED
CalAtlantic Group, Inc.
CAA
| $3.42M | 0.01% |
82,399
+15,998
| +24% | +$693K |
|
|
ENLC
1420
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $3.42M | 0.01% |
100,838
+93,396
| +1,255% | +$3.46M |
|
1421
iShares 3-7 Year Treasury Bond ETF
IEI
$18.1B
| $3.39M | 0.01% |
28,096
+14,993
| +114% | +$1.81M |
|
|
XXIA
1422
DELISTED
Ixia
XXIA
| $3.38M | 0.01% |
270,018
+90,014
| +50% | +$1.15M |
|
1423
Super Micro Computer
SMCI
$17.9B
| $3.37M | 0.01% |
1,942,140
+1,513,550
| +353% | +$2.96M |
|
|
HGG
1424
PUT
DELISTED
hhgregg Inc.
HGG
| $3.37M | 0.01% |
+350,500
| New | +$3.5M |
|
|
PRA
1425
DELISTED
ProAssurance
PRA
| $3.36M | 0.01% |
75,537
-8,597
| -10% | -$393K |
|
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.