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 | |
|---|---|---|---|---|---|---|
|
KATE
1526
DELISTED
Kate Spade & Company
KATE
| $2.92M | 0.01% |
76,700
-307,818
| -80% | -$11M |
|
1527
Lattice Semiconductor
LSCC
$16B
| $2.92M | 0.01% |
354,439
-124,418
| -26% | -$1.01M |
|
1528
Vince Holding Corp
VNCE
$79.9M
| $2.92M | 0.01% |
7,979
-9,100
| -53% | -$2.64M |
|
1529
PUT
Capri Holdings
CPRI
$1.82B
| $2.92M | 0.01% |
+32,900
| New | +$3.02M |
|
|
LORL
1530
PUT
DELISTED
Loral Space and Communications, Inc.
LORL
| $2.92M | 0.01% |
+40,100
| New | +$2.89M |
|
|
SQNS
1531
Sequans Communications SA
SQNS
$37.4M
| $2.91M | 0.01% |
16,923
-378
| -2% | -$73.4K |
|
1532
CALL
Trip.com Group
TCOM
$29B
| $2.91M | 0.01% |
90,800
-65,600
| -42% | -$1.77M |
|
1533
Green Dot
GDOT
$750M
| $2.89M | 0.01% |
152,401
+67,393
| +79% | +$1.24M |
|
1534
iShares MSCI Hong Kong ETF
EWH
$1.23B
| $2.89M | 0.01% |
138,440
+76,879
| +125% | +$1.6M |
|
|
CCC
1535
DELISTED
Calgon Carbon Corp
CCC
| $2.89M | 0.01% |
129,337
+117,637
| +1,005% | +$2.51M |
|
1536
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.7B
| $2.88M | 0.01% |
86,372
+35,844
| +71% | +$1.16M |
|
1537
Monro
MNRO
$414M
| $2.88M | 0.01% |
54,112
+48,729
| +905% | +$2.67M |
|
|
ARX
1538
DELISTED
Aeroflex Holding Corp (DE)
ARX
| $2.88M | 0.01% |
273,820
+216,853
| +381% | +$2M |
|
|
MRSH
1539
Marsh
MRSH
$94.3B
| $2.87M | 0.01% |
55,458
-422,655
| -88% | -$21M |
|
1540
Dorman Products
DORM
$4.22B
| $2.87M | 0.01% |
+58,204
| New | +$3.18M |
|
1541
Kulicke & Soffa
KLIC
$4.34B
| $2.86M | 0.01% |
200,536
+145,008
| +261% | +$1.99M |
|
|
VXX
1542
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $2.86M | 0.01% |
+6,250
| New | +$3.64M |
|
1543
Gaming and Leisure Properties
GLPI
$13B
| $2.86M | 0.01% |
+84,118
| New | +$2.94M |
|
1544
Wintrust Financial
WTFC
$10.7B
| $2.85M | 0.01% |
+61,857
| New | +$2.8M |
|
|
QGENF
1545
DELISTED
QIAGEN NV
QGENF
| $2.84M | 0.01% |
116,152
+49,943
| +75% | +$1.22M |
|
1546
Acadia Healthcare
ACHC
$2.52B
| $2.84M | 0.01% |
+62,377
| New | +$2.74M |
|
|
WY.PRA
1547
DELISTED
WEYERHAEUSER COMP PREF CONV SER A (WA)
WY.PRA
| $2.84M | 0.01% |
50,000
| – | – |
|
1548
Brady Corp
BRC
$4.46B
| $2.83M | 0.01% |
+94,778
| New | +$2.55M |
|
1549
Cigna
CI
$78.4B
| $2.82M | 0.01% |
30,700
-495,382
| -94% | -$42.5M |
|
|
RTI
1550
DELISTED
RTI INTL METALS INC(HLDG CO)
RTI
| $2.82M | 0.01% |
106,127
-29,754
| -22% | -$797K |
|
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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.