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 | |
|---|---|---|---|---|---|---|
1376
PUT
MannKind Corp
MNKD
$1.19B
| $3.75M | 0.01% |
68,400
-288,080
| -81% | -$11.6M |
|
|
LO
1377
CALL
DELISTED
LORILLARD INC COM STK
LO
| $3.73M | 0.01% |
+61,200
| New | +$3.56M |
|
1378
Compañía de Minas Buenaventura
BVN
$7.68B
| $3.72M | 0.01% |
+314,940
| New | +$3.62M |
|
|
ORAN
1379
DELISTED
Orange
ORAN
| $3.72M | 0.01% |
+235,398
| New | +$3.76M |
|
|
UNTD
1380
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $3.71M | 0.01% |
356,372
+226,289
| +174% | +$2.45M |
|
1381
CALL
Albemarle
ALB
$13.4B
| $3.69M | 0.01% |
+51,600
| New | +$3.54M |
|
1382
CALL
Caterpillar
CAT
$361B
| $3.68M | 0.01% |
33,900
+8,700
| +35% | +$913K |
|
1383
Morningstar
MORN
$7.55B
| $3.68M | 0.01% |
51,209
+38,850
| +314% | +$2.84M |
|
1384
Toro Company
TTC
$8.79B
| $3.68M | 0.01% |
115,616
+102,542
| +784% | +$3.27M |
|
|
ANDV
1385
DELISTED
Andeavor
ANDV
| $3.67M | 0.01% |
62,622
-879,229
| -93% | -$48.5M |
|
|
GG
1386
CALL
DELISTED
Goldcorp Inc
GG
| $3.67M | 0.01% |
131,600
-68,300
| -34% | -$1.7M |
|
1387
Rithm Capital
RITM
$5.58B
| $3.67M | 0.01% |
291,440
+180,965
| +164% | +$2.29M |
|
1388
CALL
Pfizer
PFE
$143B
| $3.66M | 0.01% |
129,958
-3,445,421
| -96% | -$98.2M |
|
|
MGAM
1389
DELISTED
MULTIMEDIA GAMES HOLDING COMPANY INC COM STK (TX)
MGAM
| $3.66M | 0.01% |
123,475
+11,567
| +10% | +$330K |
|
1390
Advanced Energy
AEIS
$10.1B
| $3.66M | 0.01% |
189,914
+69,616
| +58% | +$1.42M |
|
1391
Plexus
PLXS
$6.43B
| $3.66M | 0.01% |
84,464
+67,465
| +397% | +$2.82M |
|
1392
Essent Group
ESNT
$6.28B
| $3.65M | 0.01% |
181,670
+19,677
| +12% | +$400K |
|
1393
Teradyne
TER
$50B
| $3.65M | 0.01% |
186,227
-108,938
| -37% | -$2.03M |
|
1394
Olin
OLN
$2.53B
| $3.65M | 0.01% |
+135,445
| New | +$3.74M |
|
|
IRF
1395
DELISTED
INTL RECTIFIER CORP
IRF
| $3.64M | 0.01% |
130,492
-24,428
| -16% | -$655K |
|
|
GLOP
1396
DELISTED
GASLOG PARTNERS LP
GLOP
| $3.63M | 0.01% |
+99,697
| New | +$2.94M |
|
1397
CALL
IBM
IBM
$213B
| $3.63M | 0.01% |
20,920
-1,569
| -7% | -$282K |
|
1398
Amphenol
APH
$185B
| $3.62M | 0.01% |
300,800
-299,040
| -50% | -$3.56M |
|
1399
CALL
Community Health Systems
CYH
$382M
| $3.62M | 0.01% |
+96,437
| New | +$3.21M |
|
1400
Waters Corp
WAT
$37.3B
| $3.6M | 0.01% |
34,515
+8,740
| +34% | +$919K |
|
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.