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 | |
|---|---|---|---|---|---|---|
|
NILE
2126
DELISTED
Blue Nile, Inc.
NILE
| $1.17M | ﹤0.01% |
33,490
+29,039
| +652% | +$1.11M |
|
2127
TriMas Corp
TRS
$1.41B
| $1.16M | ﹤0.01% |
43,925
+29,988
| +215% | +$847K |
|
|
SHLM
2128
DELISTED
Schulman (A.) Inc
SHLM
| $1.16M | ﹤0.01% |
32,003
-33,264
| -51% | -$1.14M |
|
2129
VeriSign
VRSN
$26.3B
| $1.16M | ﹤0.01% |
21,500
-151,300
| -88% | -$8.56M |
|
|
MENT
2130
DELISTED
Mentor Graphics Corp
MENT
| $1.16M | ﹤0.01% |
52,441
-122,769
| -70% | -$2.67M |
|
2131
Logitech
LOGI
$14.8B
| $1.15M | ﹤0.01% |
77,437
+59,734
| +337% | +$916K |
|
2132
Universal Electronics
UEIC
$59.2M
| $1.15M | ﹤0.01% |
+30,041
| New | +$1.16M |
|
|
ANAD
2133
DELISTED
ANADIGICS INC
ANAD
| $1.15M | ﹤0.01% |
677,797
-437,203
| -39% | -$834K |
|
|
TRW
2134
PUT
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $1.15M | ﹤0.01% |
+14,100
| New | +$1.1M |
|
|
YOKU
2135
DELISTED
YOUKU TUDOU INC.(CAYMAN ISLS)
YOKU
| $1.15M | ﹤0.01% |
41,009
-1,265,077
| -97% | -$39.3M |
|
2136
Plains GP Holdings
PAGP
$5.28B
| $1.15M | ﹤0.01% |
15,420
-33,877
| -69% | -$2.44M |
|
|
STBZ
2137
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $1.15M | ﹤0.01% |
64,949
+13,933
| +27% | +$242K |
|
2138
Mitsubishi UFJ Financial
MUFG
$247B
| $1.14M | ﹤0.01% |
206,404
+93,979
| +84% | +$561K |
|
2139
Qualcomm
QCOM
$164B
| $1.14M | ﹤0.01% |
14,500
-53,000
| -79% | -$3.99M |
|
2140
CF Industries
CF
$19.6B
| $1.14M | ﹤0.01% |
21,915
-94,680
| -81% | -$4.61M |
|
2141
Radware
RDWR
$983M
| $1.14M | ﹤0.01% |
64,580
+42,698
| +195% | +$748K |
|
2142
Cincinnati Financial
CINF
$27.8B
| $1.14M | ﹤0.01% |
23,423
-12,363
| -35% | -$596K |
|
|
PAY
2143
PUT
DELISTED
Verifone Systems Inc
PAY
| $1.14M | ﹤0.01% |
33,600
+6,000
| +22% | +$178K |
|
2144
PUT
Amgen
AMGN
$209B
| $1.14M | ﹤0.01% |
9,200
-100,500
| -92% | -$12.2M |
|
|
CSR
2145
Centerspace
CSR
$952M
| $1.14M | ﹤0.01% |
12,645
+8,876
| +236% | +$763K |
|
|
CHK
2146
PUT
DELISTED
Chesapeake Energy Corporation
CHK
| $1.14M | ﹤0.01% |
234
-1,512
| -87% | -$7.37M |
|
|
PBPB
2147
DELISTED
Potbelly
PBPB
| $1.13M | ﹤0.01% |
+63,198
| New | +$1.36M |
|
|
GULF
2148
DELISTED
WisdomTree Middle East Dividend Fund
GULF
| $1.13M | ﹤0.01% |
+50,000
| New | +$1.09M |
|
2149
MSC Industrial Direct
MSM
$6.76B
| $1.13M | ﹤0.01% |
13,030
-46,031
| -78% | -$3.92M |
|
|
BALT
2150
DELISTED
BALTIC TRADING LIMITED COMMON STOCK
BALT
| $1.13M | ﹤0.01% |
178,460
+23,354
| +15% | +$148K |
|
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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.