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 | |
|---|---|---|---|---|---|---|
1176
HUB Group
HUBG
$2.92B
| $5.32M | 0.01% |
+211,260
| New | +$4.82M |
|
1177
Petrobras
PBR
$120B
| $5.32M | 0.01% |
363,927
-1,146,508
| -76% | -$16.7M |
|
|
CSOD
1178
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $5.31M | 0.01% |
115,334
-151,989
| -57% | -$6.18M |
|
|
CBB
1179
DELISTED
Cincinnati Bell Inc.
CBB
| $5.31M | 0.01% |
270,030
-77,320
| -22% | -$1.41M |
|
1180
CALL
Williams Companies
WMB
$85.8B
| $5.3M | 0.01% |
91,100
-2,100
| -2% | -$97.3K |
|
|
BERY
1181
DELISTED
Berry Global Group, Inc.
BERY
| $5.29M | 0.01% |
223,287
-1,153,251
| -84% | -$25.2M |
|
|
ANH
1182
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $5.28M | 0.01% |
1,023,501
+543,143
| +113% | +$2.89M |
|
1183
PTC
PTC
$15.3B
| $5.28M | 0.01% |
136,086
-132,895
| -49% | -$4.79M |
|
1184
Nektar Therapeutics
NKTR
$2.39B
| $5.26M | 0.01% |
27,346
+16,601
| +154% | +$2.94M |
|
|
AXE
1185
DELISTED
Anixter International Inc
AXE
| $5.25M | 0.01% |
52,448
-400,601
| -88% | -$39.5M |
|
1186
CALL
Teva Pharmaceuticals
TEVA
$40.4B
| $5.24M | 0.01% |
100,000
-854,800
| -90% | -$43.7M |
|
1187
D.R. Horton
DHI
$41.2B
| $5.23M | 0.01% |
212,849
-1,277,644
| -86% | -$29.2M |
|
1188
OFG Bancorp
OFG
$2.21B
| $5.22M | 0.01% |
283,769
-127,837
| -31% | -$2.27M |
|
1189
Thor Industries
THO
$4.06B
| $5.22M | 0.01% |
+91,783
| New | +$5.5M |
|
1190
PUT
Devon Energy
DVN
$51.3B
| $5.22M | 0.01% |
65,700
-24,000
| -27% | -$1.75M |
|
|
TIME
1191
DELISTED
Time Inc.
TIME
| $5.21M | 0.01% |
+215,258
| New | +$5.04M |
|
1192
VF Corp
VFC
$5.92B
| $5.19M | 0.01% |
+87,472
| New | +$5.08M |
|
|
OPEN
1193
CALL
DELISTED
OPENTABLE,INC COMMON STOCK
OPEN
| $5.18M | 0.01% |
50,000
-14,300
| -22% | -$1.09M |
|
|
SEM
1194
DELISTED
Select Medical
SEM
| $5.17M | 0.01% |
615,689
+124,695
| +25% | +$967K |
|
|
LUMO
1195
CALL
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $5.15M | 0.01% |
+21,556
| New | +$4.38M |
|
|
GWPH
1196
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $5.13M | 0.01% |
47,850
+42,756
| +839% | +$2.97M |
|
1197
CALL
SPDR Gold Trust
GLD
$131B
| $5.12M | 0.01% |
+40,000
| New | +$4.97M |
|
|
MTOR
1198
DELISTED
MERITOR, Inc.
MTOR
| $5.12M | 0.01% |
392,772
+271,202
| +223% | +$3.57M |
|
1199
Helen of Troy
HELE
$656M
| $5.12M | 0.01% |
84,386
+52,219
| +162% | +$3.25M |
|
|
NS
1200
DELISTED
NuStar Energy L.P.
NS
| $5.12M | 0.01% |
82,500
+64,500
| +358% | +$3.75M |
|
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.