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 | |
|---|---|---|---|---|---|---|
|
TLM
801
DELISTED
TALISMAN ENERGY INC
TLM
| $10.4M | 0.03% |
982,813
-501,665
| -34% | -$5.24M |
|
802
Flex
FLEX
$41B
| $10.4M | 0.03% |
1,243,974
+811,614
| +188% | +$6.11M |
|
803
FTI Consulting
FCN
$4.95B
| $10.3M | 0.03% |
+273,661
| New | +$9.03M |
|
|
TESO
804
DELISTED
Tesco Corp
TESO
| $10.3M | 0.03% |
483,850
+309,615
| +178% | +$6.34M |
|
|
CODE
805
DELISTED
SPANSION INC, CLASS A COMMON STOCK
CODE
| $10.3M | 0.03% |
487,545
+213,868
| +78% | +$4.05M |
|
|
OSG
806
Octave Specialty Group
OSG
$250M
| $10.3M | 0.03% |
375,579
+61,337
| +20% | +$1.78M |
|
807
Qualcomm
QCOM
$160B
| $10.2M | 0.03% |
129,250
+114,750
| +791% | +$9.12M |
|
808
PUT
Newmont
NEM
$101B
| $10.2M | 0.03% |
401,700
-120,800
| -23% | -$2.91M |
|
809
Outfront Media
OUT
$5.62B
| $10.2M | 0.03% |
+417,515
| New | +$9.84M |
|
|
TSL
810
DELISTED
Trina Solar Limited
TSL
| $10.2M | 0.03% |
793,820
+548,671
| +224% | +$6.67M |
|
|
CDR
811
DELISTED
Cedar Realty Trust, Inc
CDR
| $10.2M | 0.03% |
246,624
+221,138
| +868% | +$8.92M |
|
|
IPXL
812
DELISTED
Impax Laboratories, Inc.
IPXL
| $10.1M | 0.03% |
337,890
-846,835
| -71% | -$22.8M |
|
|
TXNM
813
TXNM Energy Inc
TXNM
$6.42B
| $10.1M | 0.03% |
344,666
+61,226
| +22% | +$1.71M |
|
|
S
814
DELISTED
Sprint Corporation
S
| $10.1M | 0.03% |
+1,179,462
| New | +$10.3M |
|
|
SHPG
815
CALL
DELISTED
Shire pic
SHPG
| $10.1M | 0.03% |
+42,700
| New | +$7.43M |
|
816
United Parcel Service
UPS
$89.5B
| $10M | 0.03% |
97,833
+72,113
| +280% | +$7.24M |
|
|
AEGR
817
DELISTED
Aegerion Pharmaceuticals
AEGR
| $10M | 0.03% |
312,892
+101,295
| +48% | +$3.77M |
|
818
Booking.com
BKNG
$150B
| $10M | 0.03% |
208,600
-521,850
| -71% | -$25M |
|
819
PUT
American International
AIG
$41.8B
| $10M | 0.03% |
+183,700
| New | +$9.73M |
|
820
ScottsMiracle-Gro
SMG
$3.97B
| $10M | 0.03% |
+176,216
| New | +$10.5M |
|
|
SVC
821
Service Properties Trust
SVC
$1.04B
| $10M | 0.03% |
+66,364
| New | +$9.7M |
|
|
CVC
822
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $10M | 0.03% |
567,510
+237,023
| +72% | +$4.05M |
|
|
ARRS
823
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $9.99M | 0.03% |
307,251
-94,715
| -24% | -$2.8M |
|
|
DISCK
824
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $9.99M | 0.03% |
275,128
+255,442
| +1,298% | +$9.37M |
|
825
Duke Energy
DUK
$98.4B
| $9.98M | 0.03% |
134,534
-208,469
| -61% | -$15M |
|
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.