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 | |
|---|---|---|---|---|---|---|
1301
PUT
Comcast
CMCSA
$87.3B
| $4.3M | 0.01% |
160,200
-85,200
| -35% | -$2.19M |
|
1302
Expro Ltd
XPRO
$1.64B
| $4.29M | 0.01% |
29,051
-1,799
| -6% | -$265K |
|
|
NGD
1303
DELISTED
New Gold Inc
NGD
| $4.28M | 0.01% |
672,558
-515,965
| -43% | -$2.78M |
|
1304
CME Group
CME
$95.4B
| $4.28M | 0.01% |
60,300
+300
| +0.5% | +$21.1K |
|
1305
AngloGold Ashanti
AU
$39.4B
| $4.26M | 0.01% |
247,510
+20,800
| +9% | +$355K |
|
1306
Cintas
CTAS
$86.6B
| $4.22M | 0.01% |
265,952
-411,416
| -61% | -$6.22M |
|
1307
Vanda Pharmaceuticals
VNDA
$304M
| $4.21M | 0.01% |
260,207
+60,207
| +30% | +$802K |
|
|
1308
CALL
PepsiCo
PEP
$196B
| $4.21M | 0.01% |
47,100
-10,900
| -19% | -$941K |
|
1309
PUT
Beazer Homes USA
BZH
$888M
| $4.2M | 0.01% |
200,000
| – | – |
|
|
PXD
1310
DELISTED
Pioneer Natural Resource Co.
PXD
| $4.19M | 0.01% |
18,223
-73,521
| -80% | -$15.2M |
|
|
CIM
1311
Chimera Investment
CIM
$1.06B
| $4.19M | 0.01% |
87,472
-36,729
| -30% | -$1.73M |
|
|
AVP
1312
DELISTED
Avon Products, Inc.
AVP
| $4.18M | 0.01% |
286,428
-999,681
| -78% | -$14.4M |
|
|
LNKD
1313
PUT
DELISTED
LinkedIn Corporation
LNKD
| $4.18M | 0.01% |
24,400
-3,400
| -12% | -$550K |
|
1314
iShares 3-7 Year Treasury Bond ETF
IEI
$18.1B
| $4.18M | 0.01% |
34,343
+6,247
| +22% | +$758K |
|
|
AFSI
1315
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $4.18M | 0.01% |
+200,056
| New | +$4.1M |
|
|
FINL
1316
DELISTED
Finish Line
FINL
| $4.17M | 0.01% |
140,052
-29,511
| -17% | -$838K |
|
|
SPWR
1317
DELISTED
SunPower Corporation Common Stock
SPWR
| $4.16M | 0.01% |
155,012
-74,038
| -32% | -$1.62M |
|
1318
SITE Centers
SITC
$236M
| $4.16M | 0.01% |
183,040
+8,691
| +5% | +$192K |
|
1319
Wolverine World Wide
WWW
$1.68B
| $4.16M | 0.01% |
+159,574
| New | +$4.25M |
|
1320
Advanced Micro Devices
AMD
$700B
| $4.16M | 0.01% |
991,541
+207,874
| +27% | +$842K |
|
1321
Commault Systems
CVLT
$4.98B
| $4.14M | 0.01% |
+84,218
| New | +$4.53M |
|
1322
LeMaitre Vascular
LMAT
$2.37B
| $4.13M | 0.01% |
500,000
+196,717
| +65% | +$1.54M |
|
|
RSO
1323
DELISTED
Resource Capital Corp.
RSO
| $4.13M | 0.01% |
183,513
+104,062
| +131% | +$2.33M |
|
|
SQNM
1324
DELISTED
SEQUENOM INC NEW
SQNM
| $4.13M | 0.01% |
1,066,516
+12,201
| +1% | +$35.7K |
|
|
NTUS
1325
DELISTED
Natus Medical Inc
NTUS
| $4.12M | 0.01% |
163,777
-309,485
| -65% | -$7.65M |
|
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.