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 | |
|---|---|---|---|---|---|---|
|
CHTP
676
CALL
DELISTED
CHELSEA THERAPEUTICS INT'L LTD
CHTP
| $13.4M | 0.04% |
100,000
-363,200
| -78% | -$2.14M |
|
|
HDS
677
DELISTED
HD Supply Holdings, Inc.
HDS
| $13.4M | 0.04% |
471,686
+355,762
| +307% | +$9.46M |
|
678
Penske Automotive Group
PAG
$14.5B
| $13.4M | 0.04% |
270,448
+183,486
| +211% | +$8.37M |
|
679
Diageo
DEO
$49.5B
| $13.3M | 0.04% |
104,764
+90,393
| +629% | +$11.4M |
|
680
PUT
Pultegroup
PHM
$24.5B
| $13.3M | 0.04% |
660,400
-213,000
| -24% | -$4.09M |
|
|
CHS
681
DELISTED
Chicos FAS, Inc.
CHS
| $13.3M | 0.04% |
781,629
+711,918
| +1,021% | +$11.4M |
|
|
MRC
682
DELISTED
MRC Global
MRC
| $13.3M | 0.04% |
468,419
+366,115
| +358% | +$10.4M |
|
683
Papa John's
PZZA
$995M
| $13.2M | 0.04% |
312,153
+269,821
| +637% | +$12M |
|
|
GWR
684
DELISTED
Genesee & Wyoming Inc.
GWR
| $13.2M | 0.04% |
125,498
-57,750
| -32% | -$5.68M |
|
|
B
685
Barrick Mining
B
$63.2B
| $13.2M | 0.04% |
719,345
+165,022
| +30% | +$2.86M |
|
|
ELNK
686
DELISTED
EarthLink Holdings Corp.
ELNK
| $13.1M | 0.04% |
3,532,358
+148,872
| +4% | +$527K |
|
687
International Flavors & Fragrances
IFF
$20.3B
| $13.1M | 0.04% |
125,314
+56,712
| +83% | +$5.58M |
|
|
RCAP
688
DELISTED
RCS CAPITAL CORPORATION CLASS A COM
RCAP
| $13.1M | 0.04% |
+615,491
| New | +$18.2M |
|
689
Avnet
AVT
$7.12B
| $13M | 0.04% |
+293,531
| New | +$12.9M |
|
690
Nucor
NUE
$58.5B
| $13M | 0.04% |
263,153
+47,965
| +22% | +$2.46M |
|
691
BorgWarner
BWA
$13.2B
| $12.9M | 0.04% |
+225,260
| New | +$12.4M |
|
|
ALJ
692
DELISTED
Alon USA Energy Inc
ALJ
| $12.9M | 0.04% |
1,037,139
+357,688
| +53% | +$5.32M |
|
|
TCF
693
DELISTED
TCF Financial Corporation
TCF
| $12.9M | 0.04% |
786,208
+602,581
| +328% | +$9.65M |
|
694
PUT
Cameco
CCJ
$38.4B
| $12.8M | 0.04% |
654,400
+599,900
| +1,101% | +$12.5M |
|
695
Barclays
BCS
$93.4B
| $12.8M | 0.04% |
945,041
+138,583
| +17% | +$2.1M |
|
|
CAM
696
CALL
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $12.8M | 0.04% |
+188,700
| New | +$12.2M |
|
|
FSL
697
DELISTED
FREESCALE SEMICONDUCTOR LTD
FSL
| $12.8M | 0.04% |
543,124
+29,054
| +6% | +$674K |
|
|
VMW
698
DELISTED
VMware, Inc
VMW
| $12.7M | 0.04% |
131,587
+55,527
| +73% | +$5.4M |
|
699
Old National Bancorp
ONB
$10.1B
| $12.7M | 0.04% |
891,229
+746,822
| +517% | +$10.5M |
|
700
Brinker International
EAT
$9B
| $12.7M | 0.04% |
261,209
+236,209
| +945% | +$11.8M |
|
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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.