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 | |
|---|---|---|---|---|---|---|
2726
Casella Waste Systems
CWST
$5.68B
| $388K | ﹤0.01% |
77,415
+6,218
| +9% | +$32.6K |
|
|
RESN
2727
DELISTED
Resonant Inc.
RESN
| $386K | ﹤0.01% |
+50,000
| New | +$394K |
|
2728
AT&T
T
$167B
| $385K | ﹤0.01% |
14,432
+6,753
| +88% | +$181K |
|
|
PFPT
2729
DELISTED
Proofpoint, Inc.
PFPT
| $385K | ﹤0.01% |
10,265
-14,489
| -59% | -$463K |
|
2730
MKS Inc
MKSI
$21.3B
| $384K | ﹤0.01% |
12,281
-109,372
| -90% | -$3.17M |
|
|
RRTS
2731
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $384K | ﹤0.01% |
546
-362
| -40% | -$235K |
|
|
IMN
2732
DELISTED
Imation
IMN
| $383K | ﹤0.01% |
111,364
+81,300
| +270% | +$336K |
|
2733
Western Union
WU
$2.55B
| $381K | ﹤0.01% |
+21,978
| New | +$355K |
|
2734
PUT
AstraZeneca
AZN
$263B
| $379K | ﹤0.01% |
+5,100
| New | +$369K |
|
2735
PUT
TechnipFMC
FTI
$29.9B
| $379K | ﹤0.01% |
+8,333
| New | +$353K |
|
|
BIG
2736
PUT
DELISTED
Big Lots, Inc.
BIG
| $379K | ﹤0.01% |
8,300
-4,800
| -37% | -$195K |
|
|
AMRE
2737
DELISTED
AMREIT INC NEW COM STK
AMRE
| $378K | ﹤0.01% |
+20,675
| New | +$357K |
|
2738
Agilysys
AGYS
$2.91B
| $375K | ﹤0.01% |
+26,599
| New | +$354K |
|
2739
Perion Network
PERI
$371M
| $375K | ﹤0.01% |
+12,363
| New | +$388K |
|
2740
CALL
Truist Financial
TFC
$63.7B
| $375K | ﹤0.01% |
+9,500
| New | +$364K |
|
2741
PUT
GSK
GSK
$104B
| $374K | ﹤0.01% |
+5,600
| New | +$379K |
|
|
MSB
2742
Mesabi Trust
MSB
$297M
| $374K | ﹤0.01% |
+19,114
| New | +$381K |
|
|
ELP
2743
DELISTED
Companhia Paranaense de Energia (COPEL)
ELP
| $373K | ﹤0.01% |
+60,838
| New | +$360K |
|
|
OCLR
2744
DELISTED
Oclaro Inc.
OCLR
| $373K | ﹤0.01% |
169,340
+111,646
| +194% | +$279K |
|
2745
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$68.4M
| – | – |
0
| – | – |
|
|
ENOC
2746
DELISTED
EnerNOC, Inc.
ENOC
| $372K | ﹤0.01% |
19,636
-48,001
| -71% | -$968K |
|
2747
PUT
Novartis
NVS
$297B
| $371K | ﹤0.01% |
+4,576
| New | +$360K |
|
2748
CALL
HP
HPQ
$24.3B
| $370K | ﹤0.01% |
24,222
-421,243
| -95% | -$6.33M |
|
|
NES
2749
DELISTED
NUVERRA ENVIRONMENTAL INC NEW COM STK (DE)
NES
| $370K | ﹤0.01% |
18,405
-34,258
| -65% | -$608K |
|
|
CB
2750
PUT
DELISTED
CHUBB CORPORATION
CB
| $369K | ﹤0.01% |
4,000
+800
| +25% | +$73.6K |
|
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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.