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 |
PepsiCo
PEP
|
+$192M |
| 2 |
Exelon
EXC
|
+$175M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$152M |
| 4 |
Apple
AAPL
|
+$149M |
| 5 |
FITB
Fifth Third Bancorp
FITB
|
+$108M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Verizon
VZ
|
+$193M |
| 2 |
AGN
Allergan plc
AGN
|
+$142M |
| 3 |
Estee Lauder
EL
|
+$135M |
| 4 |
PPL
PPL Corp
PPL
|
+$119M |
| 5 |
Ralph Lauren
RL
|
+$112M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 13.16% |
| 2 | Healthcare | 11.71% |
| 3 | Utilities | 8.57% |
| 4 | Financials | 8.38% |
| 5 | Technology | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BPT
2651
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
| $442K | ﹤0.01% |
+4,472
| New | +$407K |
|
2652
PUT
AvalonBay Communities
AVB
$26.8B
| $441K | ﹤0.01% |
3,100
-24,400
| -89% | -$3.37M |
|
|
ANFI
2653
DELISTED
AMIRA NATURE FOODS LTD
ANFI
| $441K | ﹤0.01% |
32,234
+9,745
| +43% | +$146K |
|
|
HW
2654
DELISTED
Headwaters Inc
HW
| $441K | ﹤0.01% |
31,772
-143,947
| -82% | -$1.84M |
|
|
MEP
2655
CALL
DELISTED
Midcoast Energy Partners, L.P.
MEP
| $440K | ﹤0.01% |
+20,000
| New | +$434K |
|
|
NTT
2656
DELISTED
Nippon Telegraph & Telephone
NTT
| $440K | ﹤0.01% |
14,095
-7,186
| -34% | -$205K |
|
2657
Matthews International
MATW
$878M
| $439K | ﹤0.01% |
10,549
-28,366
| -73% | -$1.16M |
|
|
RRMS
2658
CALL
DELISTED
ROSE ROCK MIDSTREAM L P COM UNIT REPSTG LTD (DE)
RRMS
| $437K | ﹤0.01% |
+8,000
| New | +$357K |
|
2659
Arbor Realty Trust
ABR
$977M
| $435K | ﹤0.01% |
62,548
+9,613
| +18% | +$68K |
|
|
QTS
2660
DELISTED
QTS REALTY TRUST, INC.
QTS
| $435K | ﹤0.01% |
+15,178
| New | +$420K |
|
2661
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $434K | ﹤0.01% |
3,767
-12,740
| -77% | -$1.45M |
|
2662
Magnite
MGNI
$2.73B
| $434K | ﹤0.01% |
+33,769
| New | +$507K |
|
2663
PUT
Caesarstone
CSTE
$75.7M
| $432K | ﹤0.01% |
+8,800
| New | +$448K |
|
|
CEMP
2664
DELISTED
Cempra, Inc.
CEMP
| $431K | ﹤0.01% |
40,200
+28,445
| +242% | +$275K |
|
|
RHT
2665
PUT
DELISTED
Red Hat Inc
RHT
| $431K | ﹤0.01% |
+7,800
| New | +$397K |
|
2666
Steven Madden
SHOO
$3.18B
| $430K | ﹤0.01% |
18,800
-471,559
| -96% | -$10.6M |
|
2667
CALL
Eli Lilly
LLY
$1.07T
| $429K | ﹤0.01% |
6,900
-44,400
| -87% | -$2.65M |
|
2668
Silgan Holdings
SLGN
$4.92B
| $428K | ﹤0.01% |
+16,836
| New | +$418K |
|
|
ALR
2669
DELISTED
AlerisLife Inc
ALR
| $428K | ﹤0.01% |
8,536
-826
| -9% | -$41K |
|
|
FULL
2670
DELISTED
Full Circle Capital Corporation
FULL
| $427K | ﹤0.01% |
54,625
+43,620
| +396% | +$340K |
|
2671
Bassett Furniture
BSET
$169M
| $425K | ﹤0.01% |
+32,282
| New | +$437K |
|
2672
CALL
Popular Inc
BPOP
$10.9B
| $424K | ﹤0.01% |
12,400
+5,900
| +91% | +$182K |
|
2673
Trustmark
TRMK
$2.71B
| $423K | ﹤0.01% |
17,123
-48,888
| -74% | -$1.16M |
|
2674
PUT
Diageo
DEO
$47.3B
| $420K | ﹤0.01% |
+3,300
| New | +$416K |
|
2675
PUT
Herc Holdings
HRI
$5.34B
| $420K | ﹤0.01% |
+5,000
| New | +$421K |
|
Similar funds
Millennium Management's Q2 2014 Portfolio in Review
As of Q2 2014, Millennium Management held 4,342 positions worth $36.1B, up 4.6% from $34.5B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Millennium Management's Q2 2014 filing shows 944 new, 1,153 increased, 1,195 reduced and 1,005 closed positions. Its largest new stake was PepsiCo: 2,223,276 shares worth $199M. The largest sale was Verizon, an estimated $193M.
By sector, the portfolio is most concentrated in Energy at 13% of assets, up from 13% a quarter earlier, followed by Healthcare and Utilities.
- Millennium Management's largest Q2 2014 buy was PepsiCo: 2,223,276 shares worth $199M.
- Millennium Management added most to Exelon in Q2 2014, an estimated $175M increase.
- Millennium Management's biggest Q2 2014 reduction was Verizon, cutting an estimated $193M.
- Millennium Management fully exited Home Depot in Q2 2014, selling an estimated $108M.
- Millennium Management's ten largest holdings make up 9.6% of its $36.1B portfolio in Q2 2014.
- Millennium Management opened 944 new positions and closed 1,005 in Q2 2014.
- Millennium Management's portfolio value rose 4.6% quarter-over-quarter to $36.1B.
Based on Millennium Management's 13F filing for Q2 2014, filed 14 Aug 2014.