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 | |
|---|---|---|---|---|---|---|
1351
Amdocs
DOX
$6.03B
| $3.97M | 0.01% |
+85,654
| New | +$4.03M |
|
|
YGE
1352
DELISTED
Yingli Green Energy Holding Comp
YGE
| $3.97M | 0.01% |
106,060
+73,354
| +224% | +$2.61M |
|
1353
CALL
Clorox
CLX
$12B
| $3.96M | 0.01% |
43,300
+38,200
| +749% | +$3.42M |
|
|
ACH
1354
Accendra Health
ACH
$254M
| $3.96M | 0.01% |
116,443
+56,719
| +95% | +$1.94M |
|
1355
Future Fuel
FF
$205M
| $3.96M | 0.01% |
238,486
+143,847
| +152% | +$2.61M |
|
1356
CALL
3M
MMM
$91.8B
| $3.94M | 0.01% |
+32,890
| New | +$3.86M |
|
|
GRUB
1357
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $3.94M | 0.01% |
+55,622
| New | +$3.74M |
|
1358
CALL
Masco
MAS
$14.3B
| $3.93M | 0.01% |
+201,654
| New | +$3.8M |
|
1359
Empire State Realty Trust
ESRT
$1B
| $3.93M | 0.01% |
238,297
-1,560,932
| -87% | -$25.1M |
|
|
ARMH
1360
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $3.92M | 0.01% |
+86,706
| New | +$4.03M |
|
1361
Banco de Chile
BCH
$20.6B
| $3.92M | 0.01% |
164,685
+52,712
| +47% | +$1.24M |
|
1362
PUT
Lumen
LUMN
$6.43B
| $3.91M | 0.01% |
+108,100
| New | +$3.88M |
|
1363
Oxford Square Capital
OXSQ
$150M
| $3.91M | 0.01% |
395,010
+215,730
| +120% | +$2.07M |
|
1364
CALL
Agnico Eagle Mines
AEM
$72.2B
| $3.91M | 0.01% |
102,000
-301,100
| -75% | -$9.61M |
|
1365
Perrigo
PRGO
$1.44B
| $3.9M | 0.01% |
26,770
-336,890
| -93% | -$47.7M |
|
1366
CALL
Las Vegas Sands
LVS
$31.4B
| $3.87M | 0.01% |
50,800
-1,300
| -2% | -$98.9K |
|
1367
PUT
Southern Copper
SCCO
$138B
| $3.87M | 0.01% |
137,428
-292,763
| -68% | -$8.06M |
|
1368
Minerals Technologies
MTX
$2.29B
| $3.87M | 0.01% |
58,969
+44,816
| +317% | +$2.8M |
|
1369
Northern Trust
NTRS
$21.8B
| $3.86M | 0.01% |
+60,108
| New | +$3.7M |
|
|
ARR
1370
Armour Residential REIT
ARR
$2.32B
| $3.85M | 0.01% |
22,245
+18,940
| +573% | +$3.23M |
|
1371
Gray Television
GTN
$437M
| $3.8M | 0.01% |
289,441
-154,903
| -35% | -$1.74M |
|
1372
PUT
American Express
AXP
$224B
| $3.79M | 0.01% |
40,000
+36,900
| +1,190% | +$3.33M |
|
|
OCRX
1373
DELISTED
Ocera Therapeutics, Inc.
OCRX
| $3.79M | 0.01% |
495,388
+92,724
| +23% | +$739K |
|
1374
Gerdau
GGB
$9.54B
| $3.77M | 0.01% |
806,046
-1,798,678
| -69% | -$8.81M |
|
1375
Macy's
M
$6.51B
| $3.77M | 0.01% |
64,903
-108,186
| -63% | -$6.28M |
|
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.