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 | |
|---|---|---|---|---|---|---|
2376
CALL
Cytokinetics
CYTK
$10.7B
| $764K | ﹤0.01% |
+80,400
| New | +$727K |
|
2377
Deckers Outdoor
DECK
$14.1B
| $764K | ﹤0.01% |
57,492
-532,926
| -90% | -$7.05M |
|
2378
Stoneridge
SRI
$201M
| $764K | ﹤0.01% |
68,024
+4,503
| +7% | +$50.6K |
|
2379
PUT
Williams Companies
WMB
$85.8B
| $763K | ﹤0.01% |
18,800
+12,100
| +181% | +$490K |
|
|
TAM
2380
DELISTED
TAMINCO CORP COM
TAM
| $763K | ﹤0.01% |
36,313
+14,567
| +67% | +$310K |
|
|
DISCK
2381
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $759K | ﹤0.01% |
19,686
+12,118
| +160% | +$463K |
|
2382
CRH
CRH
$66.9B
| $758K | ﹤0.01% |
+26,881
| New | +$737K |
|
2383
NVR
NVR
$17.3B
| $758K | ﹤0.01% |
661
-388
| -37% | -$437K |
|
2384
Evertec
EVTC
$1.95B
| $754K | ﹤0.01% |
30,519
-149,954
| -83% | -$3.71M |
|
|
CTRL
2385
DELISTED
Control4 Corporation
CTRL
| $751K | ﹤0.01% |
+35,400
| New | +$788K |
|
|
IXYS
2386
DELISTED
IXYS Corp
IXYS
| $750K | ﹤0.01% |
66,051
+54,181
| +456% | +$663K |
|
2387
Ethan Allen Interiors
ETD
$606M
| $749K | ﹤0.01% |
29,414
-7,006
| -19% | -$181K |
|
2388
Hilton Worldwide
HLT
$72.2B
| $745K | ﹤0.01% |
11,167
-8,499
| -43% | -$562K |
|
2389
Booz Allen Hamilton
BAH
$8.57B
| $743K | ﹤0.01% |
33,795
-248,021
| -88% | -$4.95M |
|
|
ATCO
2390
DELISTED
Atlas Corp.
ATCO
| $743K | ﹤0.01% |
33,674
+18,477
| +122% | +$413K |
|
2391
WaFd
WAFD
$2.72B
| $742K | ﹤0.01% |
31,846
+3,471
| +12% | +$78.8K |
|
|
ANN
2392
PUT
DELISTED
ANN INC
ANN
| $742K | ﹤0.01% |
+17,900
| New | +$639K |
|
2393
CALL
Realty Income
O
$61.1B
| $740K | ﹤0.01% |
18,679
+12,384
| +197% | +$491K |
|
2394
PUT
Nu Skin
NUS
$254M
| $737K | ﹤0.01% |
8,900
+6,600
| +287% | +$580K |
|
|
ATNY
2395
DELISTED
API TECHNOLOGIES CORP. COMMON STOCK
ATNY
| $737K | ﹤0.01% |
251,634
+3,099
| +1% | +$9.61K |
|
2396
FirstCash
FCFS
$8.77B
| $735K | ﹤0.01% |
+14,564
| New | +$782K |
|
2397
Enphase Energy
ENPH
$4.84B
| $734K | ﹤0.01% |
+99,668
| New | +$771K |
|
2398
CALL
Deutsche Bank
DB
$68.2B
| $731K | ﹤0.01% |
+19,132
| New | +$781K |
|
2399
Genuine Parts
GPC
$17.8B
| $730K | ﹤0.01% |
+8,400
| New | +$708K |
|
|
SRDX
2400
DELISTED
Surmodics
SRDX
| $730K | ﹤0.01% |
32,292
+13,592
| +73% | +$332K |
|
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.