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 | |
|---|---|---|---|---|---|---|
2826
CALL
AT&T
T
$167B
| $322K | ﹤0.01% |
12,048
+1,853
| +18% | +$49.6K |
|
2827
PUT
O-I Glass
OI
$1.42B
| $319K | ﹤0.01% |
+9,200
| New | +$305K |
|
|
LDL
2828
DELISTED
Lydall, Inc.
LDL
| $319K | ﹤0.01% |
+11,648
| New | +$299K |
|
2829
PUT
AbbVie
ABBV
$457B
| $316K | ﹤0.01% |
+5,600
| New | +$294K |
|
|
LEAF
2830
DELISTED
Leaf Group Ltd.
LEAF
| $316K | ﹤0.01% |
+33,002
| New | +$289K |
|
2831
iShares MSCI South Africa ETF
EZA
$532M
| $315K | ﹤0.01% |
+4,585
| New | +$312K |
|
|
SFBS
2832
ServisFirst Bancshares
SFBS
$4.82B
| $315K | ﹤0.01% |
+21,852
| New | +$313K |
|
2833
Independent Bank Corp
IBCP
$778M
| $314K | ﹤0.01% |
24,373
+175
| +0.7% | +$2.26K |
|
|
NVO
2834
PUT
Novo Nordisk
NVO
$220B
| $314K | ﹤0.01% |
+13,600
| New | +$300K |
|
2835
Zillow
ZG
$7.45B
| $314K | ﹤0.01% |
+6,600
| New | +$242K |
|
|
SGM
2836
DELISTED
Stonegate Mortgage Corporation
SGM
| $314K | ﹤0.01% |
22,511
-9,357
| -29% | -$130K |
|
|
WLH
2837
DELISTED
WILLIAM LYON HOMES
WLH
| $314K | ﹤0.01% |
10,305
-60,727
| -85% | -$1.63M |
|
|
JMBA
2838
DELISTED
Jamba, Inc.
JMBA
| $314K | ﹤0.01% |
25,937
-39,325
| -60% | -$440K |
|
|
CTWS
2839
DELISTED
Connecticut Water Service Inc
CTWS
| $312K | ﹤0.01% |
+9,221
| New | +$301K |
|
|
STJ
2840
PUT
DELISTED
St Jude Medical
STJ
| $312K | ﹤0.01% |
4,500
+1,400
| +45% | +$90.8K |
|
|
GMCR
2841
CALL
DELISTED
KEURIG GREEN MTN INC
GMCR
| $312K | ﹤0.01% |
+2,500
| New | +$273K |
|
|
DWRE
2842
PUT
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $312K | ﹤0.01% |
+4,500
| New | +$258K |
|
2843
Gyre Therapeutics
GYRE
$686M
| $311K | ﹤0.01% |
88
+59
| +203% | +$193K |
|
2844
Shenandoah Telecom
SHEN
$632M
| $311K | ﹤0.01% |
20,438
+642
| +3% | +$9.14K |
|
|
TEF
2845
DELISTED
Telefonica
TEF
| $311K | ﹤0.01% |
24,674
| – | – |
|
2846
PUT
Truist Financial
TFC
$63.5B
| $311K | ﹤0.01% |
+7,900
| New | +$303K |
|
|
COL
2847
DELISTED
Rockwell Collins
COL
| $311K | ﹤0.01% |
3,980
-63,593
| -94% | -$5M |
|
2848
Skywest
SKYW
$4.31B
| $310K | ﹤0.01% |
25,368
-43,576
| -63% | -$529K |
|
|
SPRT
2849
DELISTED
support.com, Inc.
SPRT
| $310K | ﹤0.01% |
38,133
+25,481
| +201% | +$182K |
|
2850
Tennant Co
TNC
$1.47B
| $309K | ﹤0.01% |
+4,044
| New | +$264K |
|
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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.