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 | |
|---|---|---|---|---|---|---|
|
SPR
1626
DELISTED
Spirit AeroSystems
SPR
| $2.46M | 0.01% |
87,202
-367,623
| -81% | -$11.2M |
|
1627
Regency Centers
REG
$14.9B
| $2.46M | 0.01% |
48,121
+39,195
| +439% | +$1.93M |
|
|
EE
1628
DELISTED
El Paso Electric Company
EE
| $2.46M | 0.01% |
68,742
+45,543
| +196% | +$1.61M |
|
1629
LeMaitre Vascular
LMAT
$2.37B
| $2.45M | 0.01% |
303,283
+201,790
| +199% | +$1.61M |
|
1630
PUT
NRG Energy
NRG
$26.2B
| $2.44M | 0.01% |
76,700
+68,000
| +782% | +$1.95M |
|
1631
CALL
Texas Instruments
TXN
$248B
| $2.43M | 0.01% |
+51,600
| New | +$2.28M |
|
1632
CALL
UnitedHealth
UNH
$382B
| $2.43M | 0.01% |
+29,600
| New | +$2.23M |
|
|
WLB
1633
DELISTED
Westmoreland Coal Company
WLB
| $2.43M | 0.01% |
+81,460
| New | +$1.84M |
|
|
1634
Ameren
AEE
$30.4B
| $2.42M | 0.01% |
58,788
-3,636,478
| -98% | -$140M |
|
|
PIR
1635
CALL
DELISTED
Pier 1 Imports, Inc.
PIR
| $2.42M | 0.01% |
+6,410
| New | +$2.52M |
|
1636
LiveRamp
RAMP
$2.29B
| $2.42M | 0.01% |
70,324
-240
| -0.3% | -$8.64K |
|
1637
GATX Corp
GATX
$6.45B
| $2.41M | 0.01% |
35,513
+13,884
| +64% | +$834K |
|
1638
Heron Therapeutics
HRTX
$93.4M
| $2.4M | 0.01% |
+172,697
| New | +$2.31M |
|
1639
WisdomTree India Earnings Fund ETF
EPI
$2.04B
| $2.4M | 0.01% |
126,504
+87,232
| +222% | +$1.49M |
|
|
POM
1640
DELISTED
PEPCO HOLDINGS, INC.
POM
| $2.4M | 0.01% |
+117,067
| New | +$2.3M |
|
|
LMOS
1641
DELISTED
Lumos Networks Corp
LMOS
| $2.39M | 0.01% |
178,968
-6,426
| -3% | -$110K |
|
1642
ExxonMobil
XOM
$650B
| $2.39M | 0.01% |
24,473
+23
| +0.1% | +$2.19K |
|
1643
Mid-America Apartment Communities
MAA
$16B
| $2.39M | 0.01% |
34,961
+16,232
| +87% | +$1.06M |
|
|
ECYT
1644
DELISTED
Endocyte, Inc. Common Stock
ECYT
| $2.39M | 0.01% |
+100,229
| New | +$1.45M |
|
|
TROVW
1645
DELISTED
TrovaGene, Inc. Warrant
TROVW
| $2.39M | 0.01% |
537,386
-505
| -0.1% | -$2.15K |
|
|
ANH
1646
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $2.38M | 0.01% |
480,358
-399,413
| -45% | -$1.94M |
|
|
TCS
1647
PUT
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $2.38M | 0.01% |
+4,673
| New | +$2.57M |
|
1648
CALL
Patterson-UTI
PTEN
$3.54B
| $2.38M | 0.01% |
+75,000
| New | +$2.09M |
|
1649
Kinder Morgan
KMI
$70.9B
| $2.37M | 0.01% |
73,031
+41,531
| +132% | +$1.39M |
|
|
JNPR
1650
PUT
DELISTED
Juniper Networks
JNPR
| $2.37M | 0.01% |
+92,000
| New | +$2.4M |
|
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.