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 | |
|---|---|---|---|---|---|---|
2701
PUT
HSBC
HSBC
$357B
| $406K | ﹤0.01% |
+9,285
| New | +$414K |
|
2702
Bristow Group
VTOL
$1.37B
| $406K | ﹤0.01% |
7,078
+2,827
| +67% | +$165K |
|
2703
WSFS Financial
WSFS
$4.14B
| $405K | ﹤0.01% |
16,509
-6,606
| -29% | -$153K |
|
2704
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.88B
| $404K | ﹤0.01% |
7,785
+1,325
| +21% | +$67.1K |
|
2705
Radware
RDWR
$1.23B
| $404K | ﹤0.01% |
23,964
-40,616
| -63% | -$685K |
|
2706
PUT
WEC Energy
WEC
$37.1B
| $404K | ﹤0.01% |
+8,600
| New | +$400K |
|
2707
StoneX
SNEX
$8.85B
| $403K | ﹤0.01% |
+102,323
| New | +$381K |
|
2708
WD-40
WDFC
$3.13B
| $403K | ﹤0.01% |
+5,356
| New | +$392K |
|
|
AXU
2709
DELISTED
Alexco Resource Corp
AXU
| $403K | ﹤0.01% |
+319,800
| New | +$407K |
|
|
IPCC
2710
DELISTED
Infinity Property & Casualty C
IPCC
| $402K | ﹤0.01% |
5,973
-3,040
| -34% | -$199K |
|
2711
PUT
PNC Financial Services
PNC
$99.6B
| $401K | ﹤0.01% |
+4,500
| New | +$384K |
|
|
QIWI
2712
PUT
DELISTED
QIWI PLC
QIWI
| $399K | ﹤0.01% |
+9,900
| New | +$362K |
|
2713
CALL
Carpenter Technology
CRS
$28.8B
| $398K | ﹤0.01% |
+6,300
| New | +$400K |
|
|
DX
2714
Dynex Capital
DX
$3B
| $398K | ﹤0.01% |
15,008
-5,517
| -27% | -$142K |
|
|
MHGC
2715
DELISTED
Morgans Hotel Group Co.
MHGC
| $397K | ﹤0.01% |
50,000
-275,000
| -85% | -$2.13M |
|
2716
Spok Holdings
SPOK
$226M
| $396K | ﹤0.01% |
+25,746
| New | +$410K |
|
|
VOXX
2717
DELISTED
VOXX International Corporation Class A
VOXX
| $396K | ﹤0.01% |
+42,100
| New | +$440K |
|
2718
FreightCar America
RAIL
$279M
| $395K | ﹤0.01% |
15,779
-56,985
| -78% | -$1.44M |
|
|
NVO
2719
Novo Nordisk
NVO
$220B
| $393K | ﹤0.01% |
17,000
-201,246
| -92% | -$4.44M |
|
|
2720
CALL
PNC Financial Services
PNC
$99.6B
| $392K | ﹤0.01% |
+4,400
| New | +$376K |
|
2721
Gaia
GAIA
$48.1M
| $391K | ﹤0.01% |
+50,895
| New | +$370K |
|
|
ANW
2722
DELISTED
Aegean Marine Petroleum Network
ANW
| $391K | ﹤0.01% |
38,747
-22,514
| -37% | -$221K |
|
2723
CALL
Novartis
NVS
$297B
| $389K | ﹤0.01% |
+4,799
| New | +$377K |
|
|
HTO
2724
H2O America
HTO
$2.66B
| $389K | ﹤0.01% |
+14,316
| New | +$391K |
|
2725
PUT
Thermo Fisher Scientific
TMO
$208B
| $389K | ﹤0.01% |
+3,300
| New | +$388K |
|
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.