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 | |
|---|---|---|---|---|---|---|
|
PRXL
1001
DELISTED
Parexel International Corp
PRXL
| $7.07M | 0.02% |
133,762
+53,140
| +66% | +$2.67M |
|
1002
CALL
Deutsche Bank
DB
$69.6B
| $7.04M | 0.02% |
224,000
+204,868
| +1,071% | +$7.31M |
|
1003
PUT
Inovio Pharmaceuticals
INO
$54M
| $7.04M | 0.02% |
+54,225
| New | +$6.4M |
|
1004
Steris
STE
$22.5B
| $7.03M | 0.02% |
131,446
+121,446
| +1,214% | +$6.25M |
|
1005
Service Corp International
SCI
$11.8B
| $7.03M | 0.02% |
339,105
+223,254
| +193% | +$4.36M |
|
|
ADT
1006
PUT
DELISTED
ADT Corp
ADT
| $7M | 0.02% |
200,200
-100,500
| -33% | -$3.22M |
|
|
SCTY
1007
DELISTED
SolarCity Corporation
SCTY
| $6.99M | 0.02% |
99,061
+89,461
| +932% | +$5.02M |
|
|
UBA
1008
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $6.94M | 0.02% |
+332,304
| New | +$6.84M |
|
1009
West Pharmaceutical
WST
$23.9B
| $6.93M | 0.02% |
164,369
-24,059
| -13% | -$1.03M |
|
|
SRCL
1010
DELISTED
Stericycle Inc
SRCL
| $6.9M | 0.02% |
58,284
-64,364
| -52% | -$7.37M |
|
|
ANAC
1011
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
| $6.89M | 0.02% |
388,513
-38,984
| -9% | -$628K |
|
|
SOHU
1012
Sohu.com
SOHU
$359M
| $6.89M | 0.02% |
119,363
+7,709
| +7% | +$450K |
|
1013
Yelp
YELP
$1.44B
| $6.88M | 0.02% |
89,685
-89,543
| -50% | -$5.83M |
|
|
ABCO
1014
DELISTED
Advisory Board Co
ABCO
| $6.86M | 0.02% |
132,357
+96,117
| +265% | +$5.2M |
|
|
BIN
1015
DELISTED
PROGRESSIVE WASTE SOLUTIONS LTD COM
BIN
| $6.84M | 0.02% |
266,469
+191,239
| +254% | +$4.85M |
|
1016
Ionis Pharmaceuticals
IONS
$8.81B
| $6.83M | 0.02% |
198,138
-10,243
| -5% | -$323K |
|
1017
Oxford Industries
OXM
$571M
| $6.8M | 0.02% |
+102,019
| New | +$6.88M |
|
|
MASI
1018
DELISTED
Masimo
MASI
| $6.8M | 0.02% |
288,153
+268,153
| +1,341% | +$6.65M |
|
|
LMNX
1019
DELISTED
Luminex Corp
LMNX
| $6.8M | 0.02% |
396,308
+316,308
| +395% | +$5.57M |
|
1020
Provident Financial Services
PFS
$3.24B
| $6.77M | 0.02% |
391,057
+374,875
| +2,317% | +$6.51M |
|
1021
Saia
SAIA
$9.33B
| $6.77M | 0.02% |
154,111
+19,501
| +14% | +$809K |
|
1022
CALL
Applied Materials
AMAT
$398B
| $6.76M | 0.02% |
+300,000
| New | +$6.12M |
|
|
RGC
1023
DELISTED
Regal Entertainment Group
RGC
| $6.71M | 0.02% |
+318,200
| New | +$6.22M |
|
|
SUSQ
1024
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
| $6.7M | 0.02% |
634,777
-37,152
| -6% | -$388K |
|
1025
CALL
Range Resources
RRC
$9.24B
| $6.67M | 0.02% |
+76,700
| New | +$6.86M |
|
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.