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 | |
|---|---|---|---|---|---|---|
1251
AGNC Investment
AGNC
$12.7B
| $4.71M | 0.01% |
201,372
-115,808
| -37% | -$2.66M |
|
1252
Melco Resorts & Entertainment
MLCO
$2.21B
| $4.71M | 0.01% |
132,014
-586,813
| -82% | -$20.3M |
|
|
MFA
1253
MFA Financial
MFA
$932M
| $4.71M | 0.01% |
143,509
+101,082
| +238% | +$3.27M |
|
1254
Xerox
XRX
$345M
| $4.69M | 0.01% |
143,109
-54,197
| -27% | -$1.72M |
|
|
CXP
1255
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $4.68M | 0.01% |
+180,115
| New | +$4.91M |
|
1256
Acuity Brands
AYI
$9.99B
| $4.68M | 0.01% |
33,833
-25,071
| -43% | -$3.19M |
|
|
GHL
1257
DELISTED
Greenhill & Co., Inc.
GHL
| $4.67M | 0.01% |
94,800
+49,525
| +109% | +$2.44M |
|
1258
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.61B
| $4.64M | 0.01% |
+141,800
| New | +$4.49M |
|
|
HCC
1259
DELISTED
HCC INSURANCES HOLDINGS INC
HCC
| $4.64M | 0.01% |
+94,809
| New | +$4.42M |
|
1260
CALL
Darden Restaurants
DRI
$24.3B
| $4.63M | 0.01% |
111,869
| – | – |
|
|
NSTG
1261
DELISTED
NanoString Technologies, Inc.
NSTG
| $4.62M | 0.01% |
308,948
+159,646
| +107% | +$2.52M |
|
|
WFT
1262
CALL
DELISTED
Weatherford International plc
WFT
| $4.62M | 0.01% |
200,700
+200
| +0.1% | +$4.12K |
|
|
SLXP
1263
CALL
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $4.59M | 0.01% |
+37,200
| New | +$4.11M |
|
1264
Werner Enterprises
WERN
$2.2B
| $4.59M | 0.01% |
172,996
-261,493
| -60% | -$6.78M |
|
|
KCG
1265
DELISTED
KCG Holdings, Inc.
KCG
| $4.57M | 0.01% |
384,812
-101,515
| -21% | -$1.13M |
|
|
DWA
1266
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $4.57M | 0.01% |
196,503
+30,114
| +18% | +$786K |
|
|
VALE.P
1267
DELISTED
Vale S A
VALE.P
| $4.57M | 0.01% |
384,041
-943,068
| -71% | -$11.5M |
|
|
ACAS
1268
DELISTED
American Capital Ltd
ACAS
| $4.57M | 0.01% |
298,850
-337,218
| -53% | -$5.03M |
|
1269
CALL
Celanese
CE
$4.82B
| $4.56M | 0.01% |
71,000
-4,700
| -6% | -$285K |
|
|
CLD
1270
DELISTED
Cloud Peak Energy Inc
CLD
| $4.56M | 0.01% |
247,328
-642,517
| -72% | -$12.6M |
|
|
TIF
1271
DELISTED
Tiffany & Co.
TIF
| $4.54M | 0.01% |
45,296
-369,428
| -89% | -$34.3M |
|
1272
CALL
Wells Fargo
WFC
$254B
| $4.53M | 0.01% |
+86,200
| New | +$4.33M |
|
|
ASNA
1273
DELISTED
Ascena Retail Group, Inc.
ASNA
| $4.53M | 0.01% |
13,246
-8,390
| -39% | -$2.87M |
|
1274
Standex International
SXI
$3.33B
| $4.53M | 0.01% |
60,762
+48,928
| +413% | +$3.36M |
|
|
GMLP
1275
DELISTED
Golar LNG Partners LP
GMLP
| $4.52M | 0.01% |
122,540
+96,955
| +379% | +$3.13M |
|
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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.