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 | |
|---|---|---|---|---|---|---|
|
MW
2776
PUT
DELISTED
THE MENS WAREHOUSE INC
MW
| $352K | ﹤0.01% |
6,300
-48,300
| -88% | -$2.45M |
|
2777
PUT
JPMorgan Chase
JPM
$947B
| $351K | ﹤0.01% |
6,100
-2,600
| -30% | -$146K |
|
2778
CALL
Cheniere Energy
LNG
$53.6B
| $351K | ﹤0.01% |
4,900
-20,100
| -80% | -$1.22M |
|
2779
Mercer International
MERC
$44.7M
| $351K | ﹤0.01% |
+33,426
| New | +$291K |
|
|
EPAY
2780
DELISTED
Bottomline Technologies Inc
EPAY
| $351K | ﹤0.01% |
+11,744
| New | +$361K |
|
|
FRED
2781
DELISTED
Fred's Inc
FRED
| $349K | ﹤0.01% |
+22,855
| New | +$383K |
|
2782
FormFactor
FORM
$7.7B
| $348K | ﹤0.01% |
41,868
-6,012
| -13% | -$39.9K |
|
|
QIWI
2783
CALL
DELISTED
QIWI PLC
QIWI
| $347K | ﹤0.01% |
+8,600
| New | +$314K |
|
|
INFA
2784
PUT
DELISTED
INFORMATICA CORP
INFA
| $346K | ﹤0.01% |
+9,700
| New | +$357K |
|
2785
MannKind Corp
MNKD
$1.22B
| $345K | ﹤0.01% |
6,295
+2,622
| +71% | +$105K |
|
2786
CALL
Micron Technology
MU
$1.02T
| $343K | ﹤0.01% |
10,400
+500
| +5% | +$13.6K |
|
|
2787
PUT
Verizon
VZ
$198B
| $343K | ﹤0.01% |
7,000
-7,600
| -52% | -$368K |
|
|
PMCS
2788
DELISTED
P M C SIERRA INC
PMCS
| $343K | ﹤0.01% |
+45,100
| New | +$326K |
|
2789
iShares Select Dividend ETF
DVY
$23.8B
| $342K | ﹤0.01% |
4,446
-3,405
| -43% | -$254K |
|
|
GBL
2790
DELISTED
GAMCO Investors, Inc.
GBL
| $342K | ﹤0.01% |
7,647
+2,525
| +49% | +$105K |
|
|
OLBK
2791
DELISTED
Old Line Bancshares, Inc.
OLBK
| $342K | ﹤0.01% |
+21,685
| New | +$362K |
|
2792
Paramount Gold Nevada
PZG
$96.1M
| $341K | ﹤0.01% |
+355,162
| New | +$367K |
|
2793
CALL
Lithia Motors
LAD
$7.88B
| $339K | ﹤0.01% |
+3,600
| New | +$275K |
|
2794
TTM Technologies
TTMI
$12.8B
| $339K | ﹤0.01% |
41,328
-73,559
| -64% | -$577K |
|
|
KEM
2795
DELISTED
KEMET Corporation
KEM
| $339K | ﹤0.01% |
58,884
+26,625
| +83% | +$148K |
|
2796
Vanguard Mid-Cap ETF
VO
$107B
| $338K | ﹤0.01% |
+11,392
| New | +$325K |
|
2797
PUT
Ashland
ASH
$3.04B
| $337K | ﹤0.01% |
+6,336
| New | +$316K |
|
2798
PDF Solutions
PDFS
$2B
| $337K | ﹤0.01% |
15,865
-100,575
| -86% | -$1.92M |
|
|
DEST
2799
DELISTED
Destination Maternity Corporation
DEST
| $337K | ﹤0.01% |
14,811
-17,267
| -54% | -$422K |
|
2800
iShares MSCI Switzerland ETF
EWL
$2.16B
| $336K | ﹤0.01% |
+9,790
| New | +$341K |
|
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.