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 | |
|---|---|---|---|---|---|---|
|
ACGN
1501
DELISTED
Aceragen Inc
ACGN
| $3.04M | 0.01% |
7,718
-11,650
| -60% | -$4.8M |
|
1502
JPMorgan Chase
JPM
$916B
| $3.03M | 0.01% |
52,600
-149,329
| -74% | -$8.4M |
|
|
WX
1503
DELISTED
WUXI PHARMATECH, CAYMAN INC REPSTG 8 ORD SHS
WX
| $3.03M | 0.01% |
+92,174
| New | +$3.15M |
|
1504
Infosys
INFY
$51B
| $3.02M | 0.01% |
+449,336
| New | +$2.99M |
|
1505
Buckle
BKE
$2.32B
| $3.02M | 0.01% |
+68,056
| New | +$3.11M |
|
|
GOL
1506
DELISTED
Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL
| $3.02M | 0.01% |
275,264
+269,500
| +4,676% | +$3.16M |
|
1507
UGI
UGI
$7.87B
| $3.01M | 0.01% |
+89,456
| New | +$2.83M |
|
1508
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.47B
| $2.99M | 0.01% |
61,510
-127
| -0.2% | -$6.17K |
|
|
MBFI
1509
DELISTED
MB Financial Corp
MBFI
| $2.99M | 0.01% |
110,567
+55,185
| +100% | +$1.54M |
|
1510
Trex
TREX
$4.4B
| $2.98M | 0.01% |
413,432
-489,888
| -54% | -$4.15M |
|
1511
CALL
Alcoa
AA
$11.3B
| $2.98M | 0.01% |
83,229
-4,203
| -5% | -$138K |
|
|
1512
PUT
Alcoa
AA
$11.3B
| $2.98M | 0.01% |
83,229
-6,284
| -7% | -$206K |
|
1513
Sony
SONY
$137B
| $2.98M | 0.01% |
886,995
-232,930
| -21% | -$805K |
|
|
GK
1514
DELISTED
G&K Services Inc
GK
| $2.97M | 0.01% |
57,043
+43,996
| +337% | +$2.39M |
|
|
RLD
1515
DELISTED
REALD INC COM STK
RLD
| $2.97M | 0.01% |
232,564
+132,032
| +131% | +$1.53M |
|
1516
Coeur Mining
CDE
$15.1B
| $2.96M | 0.01% |
322,923
+129,427
| +67% | +$1.06M |
|
1517
Strategy Inc
MSTR
$34.1B
| $2.96M | 0.01% |
210,140
-23,130
| -10% | -$295K |
|
1518
The GEO Group
GEO
$4B
| $2.95M | 0.01% |
123,980
+4,118
| +3% | +$92.7K |
|
1519
CALL
Kohl's
KSS
$2.16B
| $2.94M | 0.01% |
55,900
-36,100
| -39% | -$1.96M |
|
1520
Zumiez
ZUMZ
$330M
| $2.94M | 0.01% |
106,690
+85,060
| +393% | +$2.26M |
|
|
KG
1521
Kestrel Group
KG
$66.1M
| $2.94M | 0.01% |
12,155
+8,117
| +201% | +$1.98M |
|
|
BRS
1522
DELISTED
Bristow Group, Inc.
BRS
| $2.94M | 0.01% |
36,456
+8,711
| +31% | +$662K |
|
1523
Enterprise Products Partners
EPD
$83.7B
| $2.94M | 0.01% |
+75,000
| New | +$2.77M |
|
1524
Bio-Techne
TECH
$11.2B
| $2.93M | 0.01% |
+126,636
| New | +$2.8M |
|
1525
BP
BP
$112B
| $2.93M | 0.01% |
67,846
-802,342
| -92% | -$33.1M |
|
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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.