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 | |
|---|---|---|---|---|---|---|
901
Synaptics
SYNA
$4.25B
| $8.66M | 0.02% |
95,593
-23,200
| -20% | -$1.57M |
|
902
CALL
H&R Block
HRB
$5.61B
| $8.66M | 0.02% |
258,400
-198,400
| -43% | -$5.91M |
|
903
PUT
Prudential Financial
PRU
$42.6B
| $8.65M | 0.02% |
+97,500
| New | +$8.2M |
|
|
QUNR
904
DELISTED
Qunar Cayman Islands Limited
QUNR
| $8.64M | 0.02% |
+302,552
| New | +$7.8M |
|
905
Jefferies Financial Group
JEF
$12.7B
| $8.63M | 0.02% |
367,914
+292,681
| +389% | +$6.8M |
|
|
906
Ralph Lauren
RL
$23B
| $8.58M | 0.02% |
53,421
-727,178
| -93% | -$112M |
|
|
YOKU
907
DELISTED
YOUKU TUDOU INC.(CAYMAN ISLS)
YOKU
| $8.57M | 0.02% |
359,327
+318,318
| +776% | +$7.14M |
|
|
LORL
908
DELISTED
Loral Space and Communications, Inc.
LORL
| $8.55M | 0.02% |
117,644
+26,112
| +29% | +$1.88M |
|
909
Masco
MAS
$14.2B
| $8.51M | 0.02% |
436,195
-1,648,158
| -79% | -$31.1M |
|
910
eHealth
EHTH
$43.8M
| $8.48M | 0.02% |
+223,292
| New | +$8.84M |
|
|
SYT
911
DELISTED
Syngenta Ag
SYT
| $8.41M | 0.02% |
112,441
+23,404
| +26% | +$1.8M |
|
|
SGY
912
CALL
DELISTED
Stone Energy
SGY
| $8.41M | 0.02% |
3,163
-33
| -1% | -$83.2K |
|
|
ECHO
913
EchoStar
ECHO
$25B
| $8.4M | 0.02% |
195,785
-259,308
| -57% | -$10.3M |
|
914
VanEck Gold Miners ETF
GDX
$23.5B
| $8.38M | 0.02% |
316,784
-50,836
| -14% | -$1.22M |
|
|
TVTY
915
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $8.38M | 0.02% |
477,525
+56,407
| +13% | +$969K |
|
|
PLCM
916
DELISTED
POLYCOM INC
PLCM
| $8.37M | 0.02% |
667,735
-36,471
| -5% | -$462K |
|
|
PIR
917
DELISTED
Pier 1 Imports, Inc.
PIR
| $8.34M | 0.02% |
27,058
+25,954
| +2,351% | +$9.12M |
|
|
TTPH
918
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $8.33M | 0.02% |
30,876
-9,890
| -24% | -$2.12M |
|
|
SINA
919
PUT
DELISTED
Sina Corp
SINA
| $8.31M | 0.02% |
167,000
-125,500
| -43% | -$6.16M |
|
|
BBBY
920
DELISTED
Bed Bath & Beyond Inc
BBBY
| $8.3M | 0.02% |
144,675
+63,826
| +79% | +$3.98M |
|
|
FISV
921
Fiserv Inc
FISV
$28.8B
| $8.27M | 0.02% |
274,064
+118,442
| +76% | +$3.51M |
|
|
TEN
922
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $8.26M | 0.02% |
125,762
-4,804
| -4% | -$298K |
|
|
AZPN
923
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $8.24M | 0.02% |
177,579
-28,119
| -14% | -$1.3M |
|
|
ESRX
924
DELISTED
Express Scripts Holding Company
ESRX
| $8.22M | 0.02% |
118,531
-245,089
| -67% | -$17.2M |
|
|
SPR
925
DELISTED
Spirit AeroSystems
SPR
| $8.21M | 0.02% |
243,741
+156,539
| +180% | +$4.94M |
|
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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.