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 | |
|---|---|---|---|---|---|---|
951
Jack in the Box
JACK
$312M
| $7.9M | 0.02% |
131,952
-423,540
| -76% | -$24.3M |
|
952
Healthpeak Properties
DOC
$15.2B
| $7.89M | 0.02% |
209,277
-1,739,481
| -89% | -$65.5M |
|
953
CALL
iShares China Large-Cap ETF
FXI
$4.37B
| $7.87M | 0.02% |
+212,400
| New | +$7.7M |
|
954
CubeSmart
CUBE
$9.34B
| $7.85M | 0.02% |
428,336
-1,138,099
| -73% | -$20.7M |
|
|
KOG
955
DELISTED
KODIAK OIL & GAS CORP
KOG
| $7.83M | 0.02% |
538,358
-21,506
| -4% | -$280K |
|
956
Humana
HUM
$44B
| $7.82M | 0.02% |
61,201
-58,822
| -49% | -$6.97M |
|
957
Standard BioTools
LAB
$351M
| $7.8M | 0.02% |
265,391
+232,750
| +713% | +$7.46M |
|
958
Fossil Group
FOSL
$288M
| $7.8M | 0.02% |
74,609
-177,749
| -70% | -$19M |
|
959
FerroAtlántica
GSM
$600M
| $7.79M | 0.02% |
374,970
-4,764
| -1% | -$95.8K |
|
|
XNPT
960
DELISTED
XENOPORT, INC.
XNPT
| $7.78M | 0.02% |
1,611,438
-921,039
| -36% | -$3.91M |
|
|
CBI
961
DELISTED
Chicago Bridge & Iron Nv
CBI
| $7.77M | 0.02% |
113,960
-23,301
| -17% | -$1.85M |
|
962
EnerSys
ENS
$6.74B
| $7.71M | 0.02% |
112,136
+80,886
| +259% | +$5.5M |
|
963
Southwest Airlines
LUV
$22.3B
| $7.71M | 0.02% |
287,143
-55,881
| -16% | -$1.41M |
|
|
GPT
964
DELISTED
Gramercy Property Trust
GPT
| $7.71M | 0.02% |
424,602
+383,841
| +942% | +$6.38M |
|
965
Installed Building Products
IBP
$6.07B
| $7.7M | 0.02% |
+628,136
| New | +$8.37M |
|
966
AtriCure
ATRC
$2.04B
| $7.69M | 0.02% |
418,162
-306,336
| -42% | -$5.1M |
|
|
BHI
967
PUT
DELISTED
Baker Hughes
BHI
| $7.68M | 0.02% |
103,200
-37,700
| -27% | -$2.62M |
|
968
Newmont
NEM
$101B
| $7.68M | 0.02% |
301,831
-400,535
| -57% | -$9.65M |
|
969
SL Green Realty
SLG
$3.81B
| $7.68M | 0.02% |
+72,492
| New | +$7.49M |
|
|
RXDX
970
DELISTED
Ignyta, Inc.
RXDX
| $7.66M | 0.02% |
842,412
-313,114
| -27% | -$2.39M |
|
|
CELG
971
CALL
DELISTED
Celgene Corp
CELG
| $7.64M | 0.02% |
+89,000
| New | +$6.77M |
|
972
Hawaiian Electric Industries
HE
$2.28B
| $7.64M | 0.02% |
301,647
+223,606
| +287% | +$5.44M |
|
|
DNKN
973
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $7.63M | 0.02% |
166,533
+105,722
| +174% | +$4.85M |
|
974
Ventas
VTR
$44.7B
| $7.63M | 0.02% |
104,212
-321,738
| -76% | -$23.9M |
|
975
American Express
AXP
$228B
| $7.63M | 0.02% |
80,375
-53,003
| -40% | -$4.78M |
|
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.