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 | |
|---|---|---|---|---|---|---|
1476
Autohome
ATHM
$2.62B
| $3.16M | 0.01% |
91,763
+82,386
| +879% | +$2.81M |
|
1477
Hilltop Holdings
HTH
$2.26B
| $3.15M | 0.01% |
148,246
+113,873
| +331% | +$2.49M |
|
1478
Quanex
NX
$825M
| $3.15M | 0.01% |
176,329
-41,772
| -19% | -$782K |
|
1479
Magna International
MGA
$18.8B
| $3.15M | 0.01% |
58,448
-271,882
| -82% | -$13.8M |
|
|
EQC
1480
DELISTED
Equity Commonwealth
EQC
| $3.14M | 0.01% |
119,373
-40,113
| -25% | -$1.05M |
|
|
ECOM
1481
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $3.14M | 0.01% |
119,137
+33,186
| +39% | +$842K |
|
|
AMAP
1482
DELISTED
AUTONAVI HLDGS LTD SPON ADR (CYM)
AMAP
| $3.13M | 0.01% |
150,000
-50,600
| -25% | -$1.05M |
|
|
ANN
1483
DELISTED
ANN INC
ANN
| $3.13M | 0.01% |
76,099
-54,343
| -42% | -$2.17M |
|
1484
Boston Properties
BXP
$11.6B
| $3.12M | 0.01% |
+26,389
| New | +$3.12M |
|
|
WINT
1485
DELISTED
Windtree Therapeutics Inc
WINT
| $3.12M | 0.01% |
125,000
+22,400
| +22% | +$573K |
|
|
HSH
1486
CALL
DELISTED
HILLSHIRE BRANDS CO
HSH
| $3.12M | 0.01% |
+50,000
| New | +$2.26M |
|
1487
NOV
NOV
$6.84B
| $3.11M | 0.01% |
37,740
+26,300
| +230% | +$1.96M |
|
|
DRWI
1488
DELISTED
DragonWave Inc
DRWI
| $3.11M | 0.01% |
59,200
-11,900
| -17% | -$405K |
|
|
PDCO
1489
DELISTED
Patterson Companies, Inc.
PDCO
| $3.1M | 0.01% |
+78,493
| New | +$3.17M |
|
1490
Energy Transfer Partners
ET
$69.5B
| $3.09M | 0.01% |
105,000
+15,000
| +17% | +$379K |
|
|
TSE
1491
DELISTED
Trinseo
TSE
| $3.09M | 0.01% |
+148,576
| New | +$3.19M |
|
|
ROIC
1492
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $3.09M | 0.01% |
+196,257
| New | +$3.07M |
|
1493
Genworth Financial
GNW
$3.86B
| $3.08M | 0.01% |
177,120
+102,120
| +136% | +$1.79M |
|
|
AAV
1494
DELISTED
Advantage Oil & Gas Ltd
AAV
| $3.08M | 0.01% |
457,924
+385,024
| +528% | +$2.34M |
|
|
ITMN
1495
PUT
DELISTED
INTERMUNE INC
ITMN
| $3.08M | 0.01% |
+69,700
| New | +$2.57M |
|
1496
Ezcorp Inc
EZPW
$1.79B
| $3.07M | 0.01% |
265,478
+184,618
| +228% | +$2.11M |
|
1497
Woodward
WWD
$23B
| $3.06M | 0.01% |
61,052
+44,589
| +271% | +$2.03M |
|
|
PETM
1498
CALL
DELISTED
PETSMART INC
PETM
| $3.06M | 0.01% |
51,200
+47,600
| +1,322% | +$3M |
|
1499
Canadian Imperial Bank of Commerce
CM
$106B
| $3.06M | 0.01% |
68,671
+40,661
| +145% | +$1.77M |
|
|
WR
1500
DELISTED
Westar Energy Inc
WR
| $3.06M | 0.01% |
80,000
+52,400
| +190% | +$1.88M |
|
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.