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 | |
|---|---|---|---|---|---|---|
|
MYCC
401
DELISTED
ClubCorp Holdings, Inc.
MYCC
| $23.7M | 0.07% |
1,279,274
+955,813
| +295% | +$17.6M |
|
|
RFMD
402
DELISTED
RF MICRO DEVICES INC
RFMD
| $23.7M | 0.07% |
2,469,050
+976,329
| +65% | +$8.67M |
|
403
ManpowerGroup
MAN
$2.44B
| $23.6M | 0.07% |
278,493
-465,323
| -63% | -$37.9M |
|
|
LPT
404
DELISTED
Liberty Property Trust
LPT
| $23.6M | 0.07% |
622,412
+99,065
| +19% | +$3.76M |
|
|
LBMH
405
DELISTED
LIBERATOR MED HLDGS INC (NY)
LBMH
| $23.4M | 0.06% |
6,230,000
-275,000
| -4% | -$1.07M |
|
406
Monster Beverage
MNST
$94.3B
| $23.4M | 0.06% |
1,972,380
-894,156
| -31% | -$10.2M |
|
|
VR
407
DELISTED
Validus Hold Ltd
VR
| $23.3M | 0.06% |
609,314
-10,167
| -2% | -$379K |
|
408
APA Corp
APA
$13.2B
| $23.3M | 0.06% |
231,514
+207,202
| +852% | +$18.8M |
|
409
American Financial Group
AFG
$11.8B
| $23.3M | 0.06% |
390,766
-77,053
| -16% | -$4.49M |
|
410
First Horizon
FHN
$12.2B
| $23.3M | 0.06% |
1,961,951
-2,143,152
| -52% | -$25.1M |
|
411
Marvell Technology
MRVL
$168B
| $23.1M | 0.06% |
1,609,863
+1,476,462
| +1,107% | +$22.7M |
|
412
PUT
Teekay
TK
$1.01B
| $22.9M | 0.06% |
368,100
+171,200
| +87% | +$9.9M |
|
413
State Street SPDR S&P 500 ETF Trust
SPY
$790B
| $22.8M | 0.06% |
116,696
+9,070
| +8% | +$1.72M |
|
414
Martin Marietta Materials
MLM
$31.5B
| $22.8M | 0.06% |
172,560
+116,074
| +205% | +$14.6M |
|
415
AXIS Capital
AXS
$7.68B
| $22.7M | 0.06% |
512,869
+474,126
| +1,224% | +$21.7M |
|
|
UNT
416
DELISTED
UNIT Corporation
UNT
| $22.7M | 0.06% |
329,270
-59,552
| -15% | -$3.88M |
|
417
Accenture
ACN
$102B
| $22.6M | 0.06% |
279,741
-7,608
| -3% | -$611K |
|
|
SD
418
PUT
DELISTED
SANDRIDGE ENERGY, INC.
SD
| $22.6M | 0.06% |
3,153,900
+1,858,500
| +143% | +$12.5M |
|
419
Thomson Reuters
TRI
$42.8B
| $22.5M | 0.06% |
532,651
+227,033
| +74% | +$9.29M |
|
420
Hyatt Hotels
H
$16.4B
| $22.4M | 0.06% |
367,867
-102,821
| -22% | -$5.93M |
|
|
SWY
421
DELISTED
SAFEWAY INC
SWY
| $22.4M | 0.06% |
652,310
-87,256
| -12% | -$2.98M |
|
422
FirstEnergy
FE
$28B
| $22.4M | 0.06% |
644,651
+429,561
| +200% | +$14.5M |
|
423
Constellium
CSTM
$3.76B
| $22.4M | 0.06% |
697,241
+96,034
| +16% | +$2.89M |
|
|
TFCF
424
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $22.4M | 0.06% |
652,987
+637,831
| +4,208% | +$21.1M |
|
|
PES
425
DELISTED
Pioneer Energy Services Corp.
PES
| $22.3M | 0.06% |
1,272,477
-466,455
| -27% | -$7M |
|
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.