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 | |
|---|---|---|---|---|---|---|
|
IPCM
2226
DELISTED
IPC HEALTHCARE INC COM DTD
IPCM
| $977K | ﹤0.01% |
19,910
+14,084
| +242% | +$750K |
|
2227
Renasant Corp
RNST
$4.04B
| $974K | ﹤0.01% |
33,516
+15,916
| +90% | +$465K |
|
|
LUX
2228
DELISTED
Luxottica Group
LUX
| $974K | ﹤0.01% |
16,896
+5,396
| +47% | +$289K |
|
2229
National Health Investors
NHI
$3.79B
| $972K | ﹤0.01% |
16,077
-115,767
| -88% | -$7.02M |
|
2230
TTM Technologies
TTMI
$10.6B
| $971K | ﹤0.01% |
114,887
+70,879
| +161% | +$581K |
|
|
LDR
2231
DELISTED
Landauer Inc
LDR
| $970K | ﹤0.01% |
21,408
+16,150
| +307% | +$793K |
|
|
WR
2232
DELISTED
Westar Energy Inc
WR
| $970K | ﹤0.01% |
27,600
-135,639
| -83% | -$4.56M |
|
|
OMED
2233
DELISTED
OncoMed Pharmaceuticals, Inc.
OMED
| $968K | ﹤0.01% |
+28,760
| New | +$969K |
|
2234
AeroVironment
AVAV
$7.19B
| $967K | ﹤0.01% |
24,035
-42,819
| -64% | -$1.39M |
|
|
FST
2235
DELISTED
FOREST OIL CORPORATION
FST
| $965K | ﹤0.01% |
505,215
+68,715
| +16% | +$186K |
|
2236
MYR Group
MYRG
$5.01B
| $961K | ﹤0.01% |
37,961
-43,592
| -53% | -$1.06M |
|
|
DF
2237
CALL
DELISTED
Dean Foods Company
DF
| $959K | ﹤0.01% |
+62,000
| New | +$966K |
|
|
DF
2238
PUT
DELISTED
Dean Foods Company
DF
| $959K | ﹤0.01% |
62,000
-138,000
| -69% | -$2.15M |
|
2239
Tenax Therapeutics
TENX
$393M
| $956K | ﹤0.01% |
+5
| New | +$990K |
|
|
BBRG
2240
DELISTED
Bravo Brio Restaurant Group Inc.
BBRG
| $955K | ﹤0.01% |
+67,651
| New | +$1.02M |
|
|
OVRL
2241
DELISTED
OVERLAND STORAGE INC
OVRL
| $955K | ﹤0.01% |
238,078
| – | – |
|
|
JKS
2242
JinkoSolar
JKS
$764M
| $954K | ﹤0.01% |
34,135
-21,145
| -38% | -$670K |
|
2243
CALL
General Mills
GIS
$20.2B
| $953K | ﹤0.01% |
+18,400
| New | +$911K |
|
2244
Prestige Consumer Healthcare
PBH
$2.47B
| $947K | ﹤0.01% |
34,734
+19,651
| +130% | +$584K |
|
2245
Coca-Cola Europacific Partners
CCEP
$49.1B
| $945K | ﹤0.01% |
19,782
-111,569
| -85% | -$5.08M |
|
2246
Fidus Investment
FDUS
$759M
| $943K | ﹤0.01% |
+48,833
| New | +$1M |
|
2247
PUT
Ciena
CIEN
$46.8B
| $941K | ﹤0.01% |
41,400
+10,000
| +32% | +$235K |
|
|
ORBK
2248
DELISTED
Orbotech Ltd
ORBK
| $940K | ﹤0.01% |
61,105
-137,140
| -69% | -$1.91M |
|
|
SNMX
2249
DELISTED
Senomyx, Inc.
SNMX
| $940K | ﹤0.01% |
+88,101
| New | +$737K |
|
2250
Dolby
DLB
$4.97B
| $939K | ﹤0.01% |
21,100
-11,900
| -36% | -$500K |
|
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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.