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 | |
|---|---|---|---|---|---|---|
1126
CALL
Best Buy
BBY
$19B
| $5.74M | 0.02% |
185,100
-160,300
| -46% | -$4.32M |
|
1127
VEON
VEON
$3.5B
| $5.73M | 0.02% |
27,270
+19,417
| +247% | +$4.09M |
|
1128
Prologis
PLD
$136B
| $5.73M | 0.02% |
139,361
+91,370
| +190% | +$3.76M |
|
1129
PUT
Tapestry
TPR
$30.3B
| $5.72M | 0.02% |
167,300
+70,300
| +72% | +$3.02M |
|
1130
Integer Holdings
ITGR
$3.39B
| $5.68M | 0.02% |
126,982
+52,368
| +70% | +$2.24M |
|
1131
Anika Therapeutics
ANIK
$215M
| $5.67M | 0.02% |
122,424
+25,272
| +26% | +$1.12M |
|
|
CSII
1132
DELISTED
Cardiovascular Systems, Inc.
CSII
| $5.67M | 0.02% |
181,903
-51,288
| -22% | -$1.48M |
|
|
ZGNX
1133
DELISTED
Zogenix, Inc.
ZGNX
| $5.67M | 0.02% |
352,297
+69,934
| +25% | +$1.26M |
|
|
VRNG
1134
DELISTED
VRINGO, INC COM STK NEW (DE)
VRNG
| $5.66M | 0.02% |
165,471
-175,422
| -51% | -$6.16M |
|
1135
Trane Technologies
TT
$98.8B
| $5.64M | 0.02% |
90,262
-280,527
| -76% | -$16.7M |
|
1136
Adeia
ADEA
$2.55B
| $5.63M | 0.02% |
+964,535
| New | +$5.68M |
|
|
ENH
1137
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $5.63M | 0.02% |
109,184
+72,070
| +194% | +$3.75M |
|
1138
Domino's
DPZ
$11.9B
| $5.63M | 0.02% |
77,035
-85,022
| -52% | -$6.22M |
|
|
ALU
1139
DELISTED
Alcatel-Lucent
ALU
| $5.63M | 0.02% |
1,581,480
+836,262
| +112% | +$3.23M |
|
1140
Gartner
IT
$11.1B
| $5.62M | 0.02% |
79,715
+76,215
| +2,178% | +$5.31M |
|
|
CAM
1141
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $5.6M | 0.02% |
82,670
-359,825
| -81% | -$23.2M |
|
1142
PUT
Becton Dickinson
BDX
$46.4B
| $5.6M | 0.02% |
+48,483
| New | +$5.5M |
|
1143
Huron Consulting
HURN
$2.71B
| $5.59M | 0.02% |
78,978
-12,223
| -13% | -$807K |
|
|
VXX
1144
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $5.58M | 0.02% |
12,204
+4,932
| +68% | +$2.87M |
|
1145
Murphy USA
MUSA
$11.4B
| $5.57M | 0.02% |
113,846
+101,746
| +841% | +$4.71M |
|
1146
CALL
Microsoft
MSFT
$2.9T
| $5.56M | 0.02% |
133,400
-127,700
| -49% | -$5.17M |
|
1147
CALL
Comstock Resources
CRK
$3.7B
| $5.55M | 0.02% |
+38,520
| New | +$5.07M |
|
|
BWLD
1148
PUT
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $5.55M | 0.02% |
+33,500
| New | +$4.92M |
|
|
EPE
1149
DELISTED
EP Energy Corporation
EPE
| $5.55M | 0.02% |
+240,740
| New | +$4.84M |
|
1150
Mid-America Apartment Communities
MAA
$16B
| $5.55M | 0.02% |
75,923
+40,962
| +117% | +$2.9M |
|
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.