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 | |
|---|---|---|---|---|---|---|
|
IOC
301
CALL
DELISTED
Interoil Corporation
IOC
| $29.6M | 0.08% |
463,100
+198,500
| +75% | +$12.7M |
|
|
CRZO
302
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $29.6M | 0.08% |
427,263
+52,240
| +14% | +$3.03M |
|
|
CMA.WS
303
DELISTED
Comerica Incorporated Ws
CMA.WS
| $29.5M | 0.08% |
1,401,548
-84,600
| -6% | -$1.64M |
|
304
Deutsche Bank
DB
$69B
| $29.5M | 0.08% |
938,228
+751,161
| +402% | +$26.8M |
|
|
SFR
305
DELISTED
Starwood Waypoint Homes
SFR
| $29.4M | 0.08% |
1,123,570
+144,931
| +15% | +$3.95M |
|
306
Biogen
BIIB
$30B
| $29.4M | 0.08% |
93,172
-93,909
| -50% | -$28.3M |
|
307
Keurig Dr Pepper
KDP
$42.3B
| $29.3M | 0.08% |
500,653
+496,952
| +13,428% | +$27.9M |
|
308
Waste Management
WM
$90.6B
| $29.2M | 0.08% |
653,121
+629,547
| +2,671% | +$27.4M |
|
309
Crown Castle
CCI
$33.3B
| $29.2M | 0.08% |
392,630
-67,932
| -15% | -$5.09M |
|
|
PF
310
DELISTED
Pinnacle Foods, Inc.
PF
| $29.1M | 0.08% |
883,221
+714,612
| +424% | +$22.5M |
|
311
Loews
L
$23.9B
| $28.8M | 0.08% |
654,937
+457,088
| +231% | +$20M |
|
|
RCPT
312
DELISTED
RECEPTOS INC COM STK (DE)
RCPT
| $28.7M | 0.08% |
674,551
+405,203
| +150% | +$14M |
|
|
WPG
313
DELISTED
Washington Prime Group Inc.
WPG
| $28.7M | 0.08% |
+170,331
| New | +$29.6M |
|
|
MXIM
314
DELISTED
Maxim Integrated Products
MXIM
| $28.7M | 0.08% |
848,826
+774,453
| +1,041% | +$25.8M |
|
|
AMTD
315
DELISTED
TD Ameritrade Holding Corp
AMTD
| $28.7M | 0.08% |
+915,061
| New | +$28.4M |
|
316
Petrobras Class A
PBR.A
$111B
| $28.7M | 0.08% |
1,833,931
-332,500
| -15% | -$5.13M |
|
|
WOOF
317
DELISTED
VCA Inc.
WOOF
| $28.6M | 0.08% |
816,418
+208,776
| +34% | +$6.79M |
|
|
ABMD
318
DELISTED
Abiomed Inc
ABMD
| $28.6M | 0.08% |
1,138,851
+297,678
| +35% | +$6.93M |
|
319
CALL
Energy Transfer Partners
ET
$70.1B
| $28.6M | 0.08% |
969,600
+74,600
| +8% | +$1.89M |
|
320
Eaton
ETN
$161B
| $28.5M | 0.08% |
+369,712
| New | +$27.4M |
|
|
VAL
321
DELISTED
Valspar
VAL
| $28.5M | 0.08% |
374,385
+146,548
| +64% | +$10.9M |
|
|
OPEN
322
DELISTED
OPENTABLE,INC COMMON STOCK
OPEN
| $28.5M | 0.08% |
274,634
+274,234
| +68,559% | +$20.9M |
|
323
Nelnet
NNI
$4.88B
| $28.3M | 0.08% |
683,347
+2,074
| +0.3% | +$84.9K |
|
|
HNT
324
DELISTED
HEALTH NET INC
HNT
| $28.3M | 0.08% |
680,523
+171,258
| +34% | +$6.38M |
|
|
NETI
325
DELISTED
Eneti Inc.
NETI
| $28.2M | 0.08% |
28,452
-6,791
| -19% | -$6.9M |
|
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.