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 | |
|---|---|---|---|---|---|---|
2851
Chunghwa Telecom
CHT
$33.5B
| $308K | ﹤0.01% |
+9,604
| New | +$303K |
|
2852
Broadwind
BWEN
$109M
| $307K | ﹤0.01% |
34,976
+17,446
| +100% | +$199K |
|
2853
PUT
Designer Brands
DBI
$293M
| $307K | ﹤0.01% |
11,000
-30,000
| -73% | -$946K |
|
|
OCR
2854
PUT
DELISTED
OMNICARE INC
OCR
| $306K | ﹤0.01% |
+4,600
| New | +$286K |
|
|
FDML
2855
DELISTED
Federal-Mogul Holdings Corporation
FDML
| $305K | ﹤0.01% |
15,055
-18,471
| -55% | -$331K |
|
|
VASC
2856
DELISTED
Vascular Solutions Inc
VASC
| $304K | ﹤0.01% |
+13,712
| New | +$300K |
|
2857
STAG Industrial
STAG
$7.8B
| $303K | ﹤0.01% |
12,632
-16,239
| -56% | -$389K |
|
|
HTB
2858
HomeTrust Bancshares
HTB
$831M
| $303K | ﹤0.01% |
+19,245
| New | +$297K |
|
2859
PUT
APA Corp
APA
$12.5B
| $302K | ﹤0.01% |
3,000
+500
| +20% | +$45.3K |
|
2860
PUT
Goldman Sachs
GS
$306B
| $301K | ﹤0.01% |
1,800
-9,300
| -84% | -$1.5M |
|
|
PSMI
2861
DELISTED
PEREGRINE SEMICONDUCTOR CORP COM STK (DE)
PSMI
| $300K | ﹤0.01% |
43,743
-13,385
| -23% | -$83.8K |
|
2862
RingCentral
RNG
$4.57B
| $299K | ﹤0.01% |
19,788
-88,592
| -82% | -$1.28M |
|
|
SVU
2863
PUT
DELISTED
SUPERVALU Inc.
SVU
| $299K | ﹤0.01% |
5,200
| – | – |
|
2864
PUT
McKesson
MCK
$99.9B
| $298K | ﹤0.01% |
+1,600
| New | +$285K |
|
2865
S&T Bancorp
STBA
$1.87B
| $298K | ﹤0.01% |
11,978
-2,407
| -17% | -$57.2K |
|
|
STJ
2866
CALL
DELISTED
St Jude Medical
STJ
| $298K | ﹤0.01% |
4,300
-17,600
| -80% | -$1.14M |
|
2867
PUT
Micron Technology
MU
$983B
| $297K | ﹤0.01% |
9,000
-273,400
| -97% | -$7.45M |
|
2868
Philips
PHG
$25.2B
| $297K | ﹤0.01% |
+13,510
| New | +$304K |
|
|
MNTX
2869
DELISTED
Manitex International, Inc.
MNTX
| $297K | ﹤0.01% |
+18,262
| New | +$301K |
|
2870
MYR Group
MYRG
$5.61B
| $296K | ﹤0.01% |
11,690
-26,271
| -69% | -$649K |
|
2871
Tootsie Roll Industries
TR
$2.9B
| $296K | ﹤0.01% |
14,359
-7,362
| -34% | -$148K |
|
|
MVC
2872
DELISTED
MVC Capital, Inc.
MVC
| $295K | ﹤0.01% |
+22,811
| New | +$294K |
|
|
TAM
2873
DELISTED
TAMINCO CORP COM
TAM
| $295K | ﹤0.01% |
12,700
-23,613
| -65% | -$493K |
|
|
MY
2874
DELISTED
CHINA MING YANG WIND PWR GRP LTD ADS RSPTG 1 ORD SHS (CHINA)
MY
| $295K | ﹤0.01% |
85,903
-1,303,078
| -94% | -$3.9M |
|
2875
Compass Diversified
CODI
$750M
| $294K | ﹤0.01% |
16,214
-24,192
| -60% | -$431K |
|
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.