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 | |
|---|---|---|---|---|---|---|
1476
Integer Holdings
ITGR
$3.42B
| $3.12M | 0.01% |
74,614
+25,527
| +52% | +$1.02M |
|
1477
Emerson Electric
EMR
$83.3B
| $3.12M | 0.01% |
46,665
-233,344
| -83% | -$15.4M |
|
|
PKD
1478
DELISTED
Parker Drilling Company
PKD
| $3.11M | 0.01% |
29,263
+9,885
| +51% | +$1.12M |
|
1479
State Street SPDR S&P Regional Banking ETF
KRE
$4.49B
| $3.11M | 0.01% |
75,151
+5,018
| +7% | +$200K |
|
1480
AngioDynamics
ANGO
$610M
| $3.11M | 0.01% |
197,404
+9,269
| +5% | +$151K |
|
1481
Benchmark Electronics
BHE
$2.85B
| $3.1M | 0.01% |
137,048
+122,948
| +872% | +$2.87M |
|
1482
Entergy
ETR
$50.4B
| $3.1M | 0.01% |
92,592
+39,152
| +73% | +$1.24M |
|
1483
Hercules Capital
HTGC
$2.98B
| $3.09M | 0.01% |
219,543
+99,196
| +82% | +$1.55M |
|
|
WINT
1484
DELISTED
Windtree Therapeutics Inc
WINT
| $3.09M | 0.01% |
102,600
-43,267
| -30% | -$1.46M |
|
1485
Ribbon Communications
RBBN
$373M
| $3.08M | 0.01% |
182,995
+99,365
| +119% | +$1.65M |
|
|
NSTG
1486
DELISTED
NanoString Technologies, Inc.
NSTG
| $3.08M | 0.01% |
149,302
-42,295
| -22% | -$806K |
|
1487
CALL
Intuitive Surgical
ISRG
$126B
| $3.07M | 0.01% |
63,000
-272,700
| -81% | -$12.8M |
|
|
VIAB
1488
CALL
DELISTED
Viacom Inc. Class B
VIAB
| $3.06M | 0.01% |
+36,000
| New | +$3.06M |
|
|
TCF
1489
DELISTED
TCF Financial Corporation
TCF
| $3.06M | 0.01% |
183,627
-152,078
| -45% | -$2.48M |
|
1490
Canadian Natural Resources
CNQ
$98.6B
| $3.06M | 0.01% |
164,776
+149,676
| +991% | +$2.53M |
|
1491
Vanguard Real Estate ETF
VNQ
$39.4B
| $3.05M | 0.01% |
+43,233
| New | +$2.96M |
|
|
DNKN
1492
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $3.05M | 0.01% |
60,811
+18,568
| +44% | +$916K |
|
|
HDS
1493
DELISTED
HD Supply Holdings, Inc.
HDS
| $3.03M | 0.01% |
115,924
+39,508
| +52% | +$911K |
|
1494
CALL
Eli Lilly
LLY
$1.03T
| $3.02M | 0.01% |
+51,300
| New | +$2.86M |
|
1495
Flex
FLEX
$41B
| $3.01M | 0.01% |
432,360
+175,819
| +69% | +$1.14M |
|
1496
Scorpio Tankers
STNG
$3.76B
| $3.01M | 0.01% |
30,202
-306,970
| -91% | -$31.5M |
|
|
EGLT
1497
DELISTED
Egalet Corporation
EGLT
| $3.01M | 0.01% |
+215,000
| New | +$3.11M |
|
|
CBM
1498
DELISTED
Cambrex Corporation
CBM
| $3M | 0.01% |
159,266
-104,547
| -40% | -$2.02M |
|
|
LITS
1499
Lite Strategy Inc
LITS
$33.6M
| $3M | 0.01% |
13,457
-5,268
| -28% | -$950K |
|
1500
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.46B
| $2.99M | 0.01% |
61,637
-37
| -0.1% | -$1.8K |
|
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.