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 | |
|---|---|---|---|---|---|---|
1201
Novartis
NVS
$302B
| $5.11M | 0.01% |
+63,033
| New | +$4.96M |
|
1202
KT
KT
$8.74B
| $5.11M | 0.01% |
337,367
+156,333
| +86% | +$2.37M |
|
1203
WisdomTree Japan Hedged Equity Fund
DXJ
$7.07B
| $5.1M | 0.01% |
103,338
+57,040
| +123% | +$2.7M |
|
|
BDSI
1204
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $5.1M | 0.01% |
422,603
+262,564
| +164% | +$2.49M |
|
1205
Berkshire Hathaway Class B
BRK.B
$1.1T
| $5.1M | 0.01% |
40,290
+23,896
| +146% | +$3.02M |
|
|
SGEN
1206
DELISTED
Seagen Inc. Common Stock
SGEN
| $5.1M | 0.01% |
133,244
+90,996
| +215% | +$3.44M |
|
1207
ESCO Technologies
ESE
$7.77B
| $5.09M | 0.01% |
+146,994
| New | +$5.03M |
|
|
BWP
1208
DELISTED
Boardwalk Pipeline Partners
BWP
| $5.09M | 0.01% |
275,000
+154,000
| +127% | +$2.52M |
|
|
BKS
1209
DELISTED
Barnes & Noble
BKS
| $5.09M | 0.01% |
340,589
-361,928
| -52% | -$4.36M |
|
1210
PUT
lululemon athletica
LULU
$13.5B
| $5.07M | 0.01% |
125,300
-165,300
| -57% | -$7.54M |
|
1211
CALL
Herc Holdings
HRI
$4.78B
| $5.07M | 0.01% |
60,233
+36,100
| +150% | +$3.04M |
|
|
DOC
1212
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $5.04M | 0.01% |
350,256
+86,189
| +33% | +$1.18M |
|
|
ENT
1213
DELISTED
Global Eagle Entertainment Inc.
ENT
| $5.03M | 0.01% |
16,232
+13,133
| +424% | +$3.89M |
|
|
BGC
1214
DELISTED
General Cable Corporation
BGC
| $5.02M | 0.01% |
195,526
-134,287
| -41% | -$3.38M |
|
1215
Northrop Grumman
NOC
$76B
| $5.02M | 0.01% |
41,930
+8,500
| +25% | +$1.03M |
|
1216
National Health Investors
NHI
$3.79B
| $5.01M | 0.01% |
80,152
+64,075
| +399% | +$3.95M |
|
|
WWAV
1217
DELISTED
The WhiteWave Foods Company
WWAV
| $5M | 0.01% |
154,595
-399,920
| -72% | -$12M |
|
|
BBBY
1218
PUT
DELISTED
Bed Bath & Beyond Inc
BBBY
| $4.98M | 0.01% |
86,800
-101,300
| -54% | -$6.32M |
|
|
LNKD
1219
DELISTED
LinkedIn Corporation
LNKD
| $4.98M | 0.01% |
29,049
+18,599
| +178% | +$3.01M |
|
|
GLUU
1220
DELISTED
Glu Mobile Inc.
GLUU
| $4.98M | 0.01% |
996,012
-775,102
| -44% | -$3.1M |
|
1221
Digital Turbine
APPS
$982M
| $4.98M | 0.01% |
1,260,037
+110,037
| +10% | +$403K |
|
1222
FS KKR Capital
FSK
$3.01B
| $4.95M | 0.01% |
+116,145
| New | +$4.8M |
|
|
1223
PUT
Apple
AAPL
$4.97T
| $4.94M | 0.01% |
212,800
-988,400
| -82% | -$21M |
|
|
TQNT
1224
DELISTED
TRIQUINT SEMICONDUCTOR INC
TQNT
| $4.94M | 0.01% |
312,444
-155,046
| -33% | -$2.3M |
|
|
TOO
1225
PUT
DELISTED
Teekay Offshore Partners L.P.
TOO
| $4.92M | 0.01% |
136,300
+4,000
| +3% | +$141K |
|
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.