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 | |
|---|---|---|---|---|---|---|
1426
Exelixis
EXEL
$13.9B
| $3.47M | 0.01% |
1,023,300
-4,237
| -0.4% | -$14.6K |
|
1427
Ligand Pharmaceuticals
LGND
$5.77B
| $3.46M | 0.01% |
89,109
+29,078
| +48% | +$1.18M |
|
|
MDVN
1428
DELISTED
MEDIVATION, INC.
MDVN
| $3.44M | 0.01% |
89,356
-329,918
| -79% | -$11.1M |
|
|
NXTM
1429
CALL
DELISTED
NxStage Medical Inc.
NXTM
| $3.44M | 0.01% |
239,300
+83,600
| +54% | +$1.09M |
|
|
EGOV
1430
DELISTED
NIC Inc
EGOV
| $3.43M | 0.01% |
216,454
+206,419
| +2,057% | +$3.6M |
|
1431
PUT
Walt Disney
DIS
$171B
| $3.42M | 0.01% |
39,900
| – | – |
|
|
PETM
1432
PUT
DELISTED
PETSMART INC
PETM
| $3.41M | 0.01% |
57,000
+16,600
| +41% | +$1.05M |
|
|
ACHN
1433
DELISTED
Achillion Pharmaceuticals
ACHN
| $3.41M | 0.01% |
449,914
+439,014
| +4,028% | +$1.75M |
|
1434
RH
RH
$3.33B
| $3.39M | 0.01% |
36,442
+35,978
| +7,754% | +$2.52M |
|
|
ISBC
1435
DELISTED
Investors Bancorp, Inc.
ISBC
| $3.38M | 0.01% |
+306,306
| New | +$3.27M |
|
|
HRG
1436
DELISTED
HRG Group, Inc.
HRG
| $3.37M | 0.01% |
265,379
+229,175
| +633% | +$2.75M |
|
1437
Haemonetics
HAE
$3.88B
| $3.36M | 0.01% |
95,234
-116,923
| -55% | -$3.91M |
|
|
MDRX
1438
DELISTED
Veradigm Inc. Common Stock
MDRX
| $3.36M | 0.01% |
+209,084
| New | +$3.26M |
|
|
NE
1439
CALL
DELISTED
Noble Corporation
NE
| $3.36M | 0.01% |
114,400
| – | – |
|
|
CATM
1440
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $3.35M | 0.01% |
98,347
+38,151
| +63% | +$1.27M |
|
1441
HSBC
HSBC
$352B
| $3.35M | 0.01% |
76,541
+25,895
| +51% | +$1.15M |
|
|
AAT
1442
American Assets Trust
AAT
$1.46B
| $3.34M | 0.01% |
+96,686
| New | +$3.29M |
|
1443
NVR
NVR
$17.1B
| $3.34M | 0.01% |
2,899
+2,238
| +339% | +$2.5M |
|
|
NTRI
1444
DELISTED
NutriSystem, Inc.
NTRI
| $3.33M | 0.01% |
194,747
-190,038
| -49% | -$3.03M |
|
1445
Korn Ferry
KFY
$4.31B
| $3.32M | 0.01% |
113,158
-35,757
| -24% | -$1.06M |
|
1446
Allegiant Air
ALGT
$2.57B
| $3.32M | 0.01% |
28,193
+23,845
| +548% | +$2.78M |
|
1447
ACI Worldwide
ACIW
$6.12B
| $3.32M | 0.01% |
178,269
+86,916
| +95% | +$1.62M |
|
1448
IAMGOLD
IAG
$8.05B
| $3.31M | 0.01% |
804,282
+710,282
| +756% | +$2.53M |
|
|
SIVB
1449
DELISTED
SVB Financial Group
SIVB
| $3.3M | 0.01% |
+28,314
| New | +$3.16M |
|
1450
O-I Glass
OI
$1.18B
| $3.3M | 0.01% |
95,256
-284,063
| -75% | -$9.4M |
|
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.