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 | |
|---|---|---|---|---|---|---|
1226
Westlake Corp
WLK
$9.26B
| $4.92M | 0.01% |
58,693
-547,075
| -90% | -$41M |
|
1227
MSC Industrial Direct
MSM
$6.76B
| $4.91M | 0.01% |
51,320
+38,290
| +294% | +$3.48M |
|
|
HT
1228
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $4.89M | 0.01% |
182,318
-259,502
| -59% | -$6.35M |
|
|
CIR
1229
DELISTED
CIRCOR International, Inc
CIR
| $4.89M | 0.01% |
63,442
+43,773
| +223% | +$3.38M |
|
1230
Axos Financial
AX
$5.58B
| $4.89M | 0.01% |
266,348
+186,100
| +232% | +$3.66M |
|
|
RNA
1231
CALL
DELISTED
PROSENSA HLDGS N V ORD SHS (NLD)
RNA
| $4.89M | 0.01% |
+387,600
| New | +$3.15M |
|
1232
PUT
Bristol-Myers Squibb
BMY
$129B
| $4.88M | 0.01% |
+100,700
| New | +$4.96M |
|
1233
State Street Financial Select Sector SPDR ETF
XLF
$56.5B
| $4.88M | 0.01% |
244,339
+201,487
| +470% | +$3.93M |
|
|
LNW
1234
DELISTED
Light & Wonder
LNW
| $4.88M | 0.01% |
438,585
+364,251
| +490% | +$3.93M |
|
|
STKL
1235
DELISTED
SunOpta
STKL
| $4.87M | 0.01% |
345,601
+170,601
| +97% | +$2.12M |
|
1236
CBRE Group
CBRE
$43.3B
| $4.84M | 0.01% |
151,151
-113,377
| -43% | -$3.27M |
|
1237
Enerpac Tool Group
EPAC
$1.86B
| $4.83M | 0.01% |
139,675
+81,974
| +142% | +$2.84M |
|
1238
Jones Lang LaSalle
JLL
$15.8B
| $4.83M | 0.01% |
38,191
-77,176
| -67% | -$9.3M |
|
|
NFX
1239
CALL
DELISTED
Newfield Exploration
NFX
| $4.83M | 0.01% |
109,200
-693,900
| -86% | -$24.9M |
|
|
RHT
1240
DELISTED
Red Hat Inc
RHT
| $4.81M | 0.01% |
87,000
-220,674
| -72% | -$11.2M |
|
|
BPFH
1241
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $4.79M | 0.01% |
356,710
+256,544
| +256% | +$3.29M |
|
1242
Group 1 Automotive
GPI
$4.26B
| $4.79M | 0.01% |
+56,763
| New | +$4.24M |
|
|
FMER
1243
DELISTED
FIRSTMERIT CORP
FMER
| $4.78M | 0.01% |
242,115
-150,145
| -38% | -$2.94M |
|
|
PTLA
1244
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $4.77M | 0.01% |
163,578
-43,009
| -21% | -$1.04M |
|
1245
American Tower
AMT
$83.5B
| $4.76M | 0.01% |
52,899
+25,492
| +93% | +$2.21M |
|
|
RDEN
1246
DELISTED
ELIZABETH ARDEN INC
RDEN
| $4.75M | 0.01% |
221,902
+35,467
| +19% | +$1.02M |
|
|
B
1247
PUT
Barrick Mining
B
$60.9B
| $4.74M | 0.01% |
259,000
-261,300
| -50% | -$4.53M |
|
1248
First Interstate BancSystem
FIBK
$3.67B
| $4.73M | 0.01% |
173,996
+60,559
| +53% | +$1.59M |
|
1249
Sensient Technologies
SXT
$5.22B
| $4.73M | 0.01% |
84,862
+79,066
| +1,364% | +$4.29M |
|
1250
Archer Daniels Midland
ADM
$38.7B
| $4.72M | 0.01% |
106,963
-834,214
| -89% | -$36.9M |
|
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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.