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 | |
|---|---|---|---|---|---|---|
851
MBIA
MBI
$274M
| $9.37M | 0.03% |
848,847
-955,134
| -53% | -$11.8M |
|
|
EV
852
DELISTED
Eaton Vance Corp.
EV
| $9.36M | 0.03% |
247,785
+128,273
| +107% | +$4.74M |
|
853
State Street Health Care Select Sector SPDR ETF
XLV
$42.2B
| $9.35M | 0.03% |
153,754
+137,842
| +866% | +$8.1M |
|
854
Fulton Financial
FULT
$4.66B
| $9.32M | 0.03% |
752,615
+428,071
| +132% | +$5.23M |
|
855
Trimble
TRMB
$13.3B
| $9.32M | 0.03% |
252,341
+104,363
| +71% | +$3.9M |
|
|
MITT
856
TPG Mortgage Investment Trust
MITT
$225M
| $9.32M | 0.03% |
164,111
+51,987
| +46% | +$2.87M |
|
|
UFS
857
DELISTED
DOMTAR CORPORATION (New)
UFS
| $9.31M | 0.03% |
+217,176
| New | +$10.2M |
|
858
Crane NXT
CXT
$2.97B
| $9.3M | 0.03% |
360,019
+273,102
| +314% | +$6.9M |
|
|
CQH
859
DELISTED
Cheniere Energy Partners LP Holdings LLC
CQH
| $9.28M | 0.03% |
373,674
-327,867
| -47% | -$7.75M |
|
|
LKM
860
DELISTED
Link Motion Inc.
LKM
| $9.23M | 0.03% |
+1,504,027
| New | +$15.8M |
|
|
MNTA
861
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $9.2M | 0.03% |
761,168
-123,680
| -14% | -$1.46M |
|
|
MWV
862
DELISTED
MEADWESTVACO CORP
MWV
| $9.17M | 0.03% |
207,209
-142
| -0.1% | -$5.76K |
|
863
Murphy Oil
MUR
$5.48B
| $9.14M | 0.03% |
137,535
+70,400
| +105% | +$4.41M |
|
864
Liberty Media Series A
FWONA
$23.1B
| $9.14M | 0.03% |
376,443
-228,311
| -38% | -$5.24M |
|
865
CALL
Ulta Beauty
ULTA
$22.2B
| $9.08M | 0.03% |
99,300
-14,500
| -13% | -$1.31M |
|
866
LiveRamp
RAMP
$2.3B
| $9.07M | 0.03% |
418,400
+348,076
| +495% | +$8.98M |
|
867
FedEx
FDX
$73B
| $9.06M | 0.03% |
59,864
-48,597
| -45% | -$6.79M |
|
868
Assured Guaranty
AGO
$3.73B
| $9.05M | 0.03% |
369,593
-938,985
| -72% | -$23.3M |
|
|
UIL
869
DELISTED
UIL HOLDINGS
UIL
| $9.05M | 0.03% |
233,897
+12,206
| +6% | +$448K |
|
870
CONMED
CNMD
$1.41B
| $9.04M | 0.03% |
204,871
+14,029
| +7% | +$636K |
|
871
TherapeuticsMD
TXMD
$23.5M
| $9.04M | 0.03% |
40,900
-3,200
| -7% | -$712K |
|
872
Occidental Petroleum
OXY
$55.6B
| $9.03M | 0.03% |
91,850
-444,072
| -83% | -$41.7M |
|
873
Enviri
NVRI
$624M
| $9.03M | 0.03% |
338,944
+167,397
| +98% | +$4.28M |
|
874
Dover
DOV
$27.5B
| $9.01M | 0.03% |
+122,618
| New | +$8.57M |
|
875
CALL
Newmont
NEM
$101B
| $8.99M | 0.02% |
353,500
-12,400
| -3% | -$299K |
|
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.