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 | |
|---|---|---|---|---|---|---|
2326
Arrow Electronics
ARW
$10.5B
| $828K | ﹤0.01% |
13,956
-141,771
| -91% | -$7.72M |
|
|
MPT
2327
Medical Properties Trust
MPT
$2.84B
| $820K | ﹤0.01% |
+64,108
| New | +$823K |
|
2328
Hilltop Holdings
HTH
$2.26B
| $818K | ﹤0.01% |
34,373
-278,815
| -89% | -$6.63M |
|
|
UCB
2329
United Community Banks
UCB
$4.26B
| $818K | ﹤0.01% |
42,136
-182,182
| -81% | -$3.24M |
|
2330
Allot
ALLT
$362M
| $817K | ﹤0.01% |
+60,668
| New | +$958K |
|
2331
BlackBerry
BB
$4.58B
| $817K | ﹤0.01% |
101,080
-56,415
| -36% | -$529K |
|
2332
Franco-Nevada
FNV
$41.3B
| $816K | ﹤0.01% |
17,790
-112,539
| -86% | -$5.4M |
|
2333
Telephone and Data Systems
TDS
$3.87B
| $816K | ﹤0.01% |
31,131
-40,240
| -56% | -$1.02M |
|
2334
Enovis
ENOV
$1.74B
| $815K | ﹤0.01% |
6,634
+2,880
| +77% | +$331K |
|
2335
PUT
Patterson-UTI
PTEN
$3.54B
| $814K | ﹤0.01% |
+25,700
| New | +$715K |
|
|
HSTO
2336
DELISTED
Histogen Inc. Common Stock
HSTO
| $814K | ﹤0.01% |
500
-132
| -21% | -$276K |
|
2337
LG Display
LPL
$2.79B
| $811K | ﹤0.01% |
+64,886
| New | +$771K |
|
|
XCRA
2338
DELISTED
Xcerra Corporation
XCRA
| $811K | ﹤0.01% |
91,028
+79,728
| +706% | +$716K |
|
|
CBI
2339
CALL
DELISTED
Chicago Bridge & Iron Nv
CBI
| $810K | ﹤0.01% |
+9,300
| New | +$756K |
|
|
GG
2340
DELISTED
Goldcorp Inc
GG
| $809K | ﹤0.01% |
33,064
-176,500
| -84% | -$4.49M |
|
2341
PUT
Assured Guaranty
AGO
$3.73B
| $803K | ﹤0.01% |
+31,700
| New | +$750K |
|
2342
Encompass Health
EHC
$11.3B
| $803K | ﹤0.01% |
28,101
-439,968
| -94% | -$11.5M |
|
2343
NOV
NOV
$6.84B
| $803K | ﹤0.01% |
11,440
-476,369
| -98% | -$32.7M |
|
2344
CALL
Carnival Corporation Ltd
CCL
$38.1B
| $802K | ﹤0.01% |
35,300
+3,000
| +9% | +$119K |
|
|
CLC
2345
DELISTED
Clarcor
CLC
| $802K | ﹤0.01% |
13,977
-2,723
| -16% | -$157K |
|
2346
National Presto Industries
NPK
$870M
| $801K | ﹤0.01% |
+10,269
| New | +$802K |
|
|
INVN
2347
DELISTED
Invensense Inc
INVN
| $801K | ﹤0.01% |
+33,860
| New | +$708K |
|
|
BRP
2348
DELISTED
BROOKFIELD RESIDENTIAL PROPERTIES INC
BRP
| $801K | ﹤0.01% |
38,200
-45,703
| -54% | -$1.01M |
|
2349
Park National Corp
PRK
$3.84B
| $800K | ﹤0.01% |
+10,400
| New | +$820K |
|
|
GK
2350
DELISTED
G&K Services Inc
GK
| $798K | ﹤0.01% |
13,047
-7,663
| -37% | -$470K |
|
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.