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 | |
|---|---|---|---|---|---|---|
|
GTY
2751
Getty Realty Corp
GTY
$2.12B
| $368K | ﹤0.01% |
+19,558
| New | +$370K |
|
|
RTEC
2752
DELISTED
Rudolph Technologies Inc
RTEC
| $368K | ﹤0.01% |
37,240
-8,091
| -18% | -$80.5K |
|
2753
Medifast
MED
$110M
| $366K | ﹤0.01% |
12,023
-286,749
| -96% | -$8.94M |
|
2754
Vanguard Intermediate-Term Bond ETF
BIV
$28.9B
| $364K | ﹤0.01% |
+4,302
| New | +$362K |
|
2755
CALL
Prudential Financial
PRU
$42.3B
| $364K | ﹤0.01% |
+4,100
| New | +$345K |
|
|
DATA
2756
PUT
DELISTED
Tableau Software, Inc.
DATA
| $364K | ﹤0.01% |
+5,100
| New | +$320K |
|
|
SAND
2757
DELISTED
Sandstorm Gold
SAND
| $363K | ﹤0.01% |
52,505
+24,349
| +86% | +$141K |
|
|
ALX
2758
Alexander's
ALX
$1.37B
| $362K | ﹤0.01% |
+979
| New | +$351K |
|
|
BFS
2759
Saul Centers
BFS
$884M
| $361K | ﹤0.01% |
7,419
-10,437
| -58% | -$494K |
|
2760
Sonic Automotive
SAH
$3.25B
| $361K | ﹤0.01% |
13,535
-35,465
| -72% | -$885K |
|
|
MEP
2761
DELISTED
Midcoast Energy Partners, L.P.
MEP
| $361K | ﹤0.01% |
16,425
-114,762
| -87% | -$2.49M |
|
|
BEAV
2762
CALL
DELISTED
B/E Aerospace Inc
BEAV
| $361K | ﹤0.01% |
5,386
+2,072
| +63% | +$138K |
|
2763
PUT
Caterpillar
CAT
$402B
| $359K | ﹤0.01% |
+3,300
| New | +$346K |
|
2764
CALL
Veeva Systems
VEEV
$31.6B
| $359K | ﹤0.01% |
+14,100
| New | +$305K |
|
|
COL
2765
CALL
DELISTED
Rockwell Collins
COL
| $359K | ﹤0.01% |
+4,600
| New | +$361K |
|
|
BBOX
2766
DELISTED
Black Box Corp
BBOX
| $359K | ﹤0.01% |
15,325
+5,158
| +51% | +$118K |
|
|
GIMO
2767
DELISTED
Gigamon Inc.
GIMO
| $358K | ﹤0.01% |
18,700
-24,596
| -57% | -$444K |
|
2768
PUT
Lithia Motors
LAD
$7.88B
| $357K | ﹤0.01% |
+3,800
| New | +$291K |
|
|
TGI
2769
PUT
DELISTED
Triumph Group
TGI
| $356K | ﹤0.01% |
+5,100
| New | +$344K |
|
|
DQ
2770
Daqo New Energy
DQ
$815M
| $354K | ﹤0.01% |
+55,290
| New | +$375K |
|
2771
Everest Group
EG
$15.4B
| $353K | ﹤0.01% |
2,197
-10,935
| -83% | -$1.73M |
|
|
DD
2772
CALL
DELISTED
Du Pont De Nemours E I
DD
| $353K | ﹤0.01% |
5,686
+1,895
| +50% | +$122K |
|
2773
CALL
Blackrock
BLK
$165B
| $352K | ﹤0.01% |
+1,100
| New | +$337K |
|
2774
Oceaneering
OII
$5.19B
| $352K | ﹤0.01% |
4,500
-405,753
| -99% | -$29.8M |
|
|
IQNT
2775
DELISTED
Inteliquent, Inc.
IQNT
| $352K | ﹤0.01% |
+25,366
| New | +$370K |
|
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.