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 | |
|---|---|---|---|---|---|---|
1426
Sabesp
SBS
$19.2B
| $3.36M | 0.01% |
+1,872,947
| New | +$3.41M |
|
|
GTLS
1427
DELISTED
Chart Industries
GTLS
| $3.36M | 0.01% |
42,276
+3,591
| +9% | +$309K |
|
1428
PUT
FedEx
FDX
$73B
| $3.35M | 0.01% |
25,300
+16,600
| +191% | +$2.25M |
|
|
MFRM
1429
PUT
DELISTED
MATTRESS FIRM HLDG CORP COM STK (DE)
MFRM
| $3.35M | 0.01% |
+70,100
| New | +$3.04M |
|
1430
iShares Russell 2000 Growth ETF
IWO
$14.4B
| $3.35M | 0.01% |
24,586
+6,893
| +39% | +$943K |
|
|
BKW
1431
DELISTED
BURGER KING WORLDWIDE
BKW
| $3.34M | 0.01% |
125,690
+85,690
| +214% | +$2.15M |
|
|
INFN
1432
DELISTED
Infinera Corporation Common Stock
INFN
| $3.33M | 0.01% |
367,209
-77,102
| -17% | -$675K |
|
|
HUB.A
1433
DELISTED
HUBBELL INC CL-A
HUB.A
| $3.33M | 0.01% |
+29,945
| New | +$3.19M |
|
1434
Federal Signal
FSS
$7.6B
| $3.33M | 0.01% |
223,410
+38,344
| +21% | +$521K |
|
1435
Harmony Gold Mining
HMY
$10.1B
| $3.33M | 0.01% |
1,090,302
+479,029
| +78% | +$1.46M |
|
|
TRLA
1436
DELISTED
TRULIA INC (DEL)
TRLA
| $3.32M | 0.01% |
100,000
+46,575
| +87% | +$1.57M |
|
|
CVD
1437
DELISTED
COVANCE INC.
CVD
| $3.3M | 0.01% |
31,803
+29,147
| +1,097% | +$2.89M |
|
1438
Pinnacle West Capital
PNW
$12.3B
| $3.3M | 0.01% |
60,402
-251,123
| -81% | -$13.5M |
|
1439
Manulife Financial
MFC
$74B
| $3.3M | 0.01% |
170,933
+81,916
| +92% | +$1.57M |
|
1440
Element Solutions
ESI
$8.68B
| $3.3M | 0.01% |
+173,136
| New | +$3.14M |
|
|
SN
1441
DELISTED
Sanchez Energy Corporation
SN
| $3.3M | 0.01% |
111,307
-484,278
| -81% | -$13.5M |
|
|
TSL
1442
DELISTED
Trina Solar Limited
TSL
| $3.3M | 0.01% |
245,149
-99,819
| -29% | -$1.53M |
|
1443
Avient
AVNT
$3.36B
| $3.29M | 0.01% |
89,882
+29,587
| +49% | +$1.06M |
|
|
SEM
1444
DELISTED
Select Medical
SEM
| $3.29M | 0.01% |
+490,994
| New | +$2.98M |
|
|
LPNT
1445
PUT
DELISTED
LifePoint Health, Inc.
LPNT
| $3.29M | 0.01% |
+60,300
| New | +$3.22M |
|
|
WFM
1446
DELISTED
Whole Foods Market Inc
WFM
| $3.28M | 0.01% |
64,700
+47,042
| +266% | +$2.51M |
|
1447
Rambus
RMBS
$9.72B
| $3.28M | 0.01% |
305,018
-633,824
| -68% | -$5.95M |
|
|
NE
1448
CALL
DELISTED
Noble Corporation
NE
| $3.27M | 0.01% |
114,400
-102,846
| -47% | -$2.91M |
|
|
CERN
1449
DELISTED
Cerner Corp
CERN
| $3.27M | 0.01% |
58,099
+10,732
| +23% | +$619K |
|
|
PRMW
1450
DELISTED
Primo Water Corporation
PRMW
| $3.26M | 0.01% |
385,220
+148,983
| +63% | +$1.2M |
|
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.