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 | |
|---|---|---|---|---|---|---|
1101
Red Robin
RRGB
$139M
| $5.96M | 0.02% |
83,704
+31,783
| +61% | +$2.22M |
|
1102
Raymond James Financial
RJF
$33.5B
| $5.94M | 0.02% |
175,712
-24,126
| -12% | -$805K |
|
|
ACRE
1103
Ares Commercial Real Estate
ACRE
$247M
| $5.91M | 0.02% |
+476,547
| New | +$6.04M |
|
|
CYBX
1104
DELISTED
CYBERONICS INC
CYBX
| $5.91M | 0.02% |
94,692
+49,394
| +109% | +$3.01M |
|
1105
Emcor
EME
$29.9B
| $5.9M | 0.02% |
132,510
+101,183
| +323% | +$4.59M |
|
1106
Flowserve
FLS
$8.94B
| $5.9M | 0.02% |
79,313
-387,304
| -83% | -$29.4M |
|
|
HTS
1107
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $5.89M | 0.02% |
+297,543
| New | +$5.89M |
|
1108
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$771B
| $5.89M | 0.02% |
30,100
-598,800
| -95% | -$114M |
|
1109
CALL
Cheniere Energy
CQP
$30.5B
| $5.88M | 0.02% |
+178,000
| New | +$5.81M |
|
1110
CarMax
KMX
$8.39B
| $5.87M | 0.02% |
112,773
+99,449
| +746% | +$4.52M |
|
1111
MillerKnoll
MLKN
$1.56B
| $5.85M | 0.02% |
+193,578
| New | +$6M |
|
|
PLPM
1112
DELISTED
Planet Payment, Inc
PLPM
| $5.85M | 0.02% |
2,058,500
-67,950
| -3% | -$174K |
|
1113
CALL
Enbridge
ENB
$120B
| $5.84M | 0.02% |
123,100
-8,000
| -6% | -$379K |
|
|
RENT
1114
DELISTED
RENTRAK CORP
RENT
| $5.83M | 0.02% |
111,096
+44,305
| +66% | +$2.35M |
|
1115
PUT
Chevron
CVX
$382B
| $5.82M | 0.02% |
+44,600
| New | +$5.55M |
|
1116
Corning
GLW
$107B
| $5.82M | 0.02% |
265,104
+240,104
| +960% | +$5.09M |
|
|
CTRA
1117
CALL
DELISTED
Coterra Energy
CTRA
| $5.81M | 0.02% |
170,200
-725,600
| -81% | -$26M |
|
1118
Semtech
SMTC
$9.65B
| $5.81M | 0.02% |
222,034
-4,029
| -2% | -$101K |
|
|
PTR
1119
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $5.81M | 0.02% |
+46,245
| New | +$5.45M |
|
1120
CNA Financial
CNA
$14.9B
| $5.8M | 0.02% |
143,427
+134,757
| +1,554% | +$5.52M |
|
1121
Diodes
DIOD
$3.5B
| $5.79M | 0.02% |
199,766
+187,510
| +1,530% | +$5.19M |
|
|
IDIX
1122
CALL
DELISTED
IDENIX PHARMACEUTICALS INC
IDIX
| $5.78M | 0.02% |
+240,000
| New | +$2.5M |
|
|
VTSS
1123
DELISTED
VITESSE SEMICONDUCTOR CORPORATION COMMON STOCK
VTSS
| $5.78M | 0.02% |
1,675,509
-183,313
| -10% | -$673K |
|
1124
PUT
D.R. Horton
DHI
$41.2B
| $5.75M | 0.02% |
234,100
-318,400
| -58% | -$7.28M |
|
|
LM
1125
DELISTED
Legg Mason, Inc.
LM
| $5.75M | 0.02% |
+112,137
| New | +$5.41M |
|
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.