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 | |
|---|---|---|---|---|---|---|
|
VVC
1551
DELISTED
Vectren Corporation
VVC
| $2.81M | 0.01% |
66,205
+12,839
| +24% | +$513K |
|
1552
Beazer Homes USA
BZH
$888M
| $2.8M | 0.01% |
133,489
-52,891
| -28% | -$1.03M |
|
1553
Rio Tinto
RIO
$152B
| $2.8M | 0.01% |
51,566
+566
| +1% | +$30.7K |
|
|
MJN
1554
PUT
DELISTED
Mead Johnson Nutrition Company
MJN
| $2.79M | 0.01% |
30,000
-80,700
| -73% | -$7.06M |
|
1555
PUT
NRG Energy
NRG
$26.2B
| $2.79M | 0.01% |
75,000
-1,700
| -2% | -$58.5K |
|
1556
Home BancShares
HOMB
$6.3B
| $2.79M | 0.01% |
+169,912
| New | +$2.74M |
|
|
SGMO
1557
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $2.78M | 0.01% |
+182,315
| New | +$2.62M |
|
1558
CALL
BioMarin Pharmaceuticals
BMRN
$11.9B
| $2.77M | 0.01% |
+44,600
| New | +$2.69M |
|
|
EDR
1559
DELISTED
Education Realty Trust Inc
EDR
| $2.77M | 0.01% |
85,974
-58,858
| -41% | -$1.82M |
|
1560
Prestige Consumer Healthcare
PBH
$2.47B
| $2.76M | 0.01% |
81,349
+46,615
| +134% | +$1.49M |
|
1561
Vanguard FTSE Emerging Markets ETF
VWO
$117B
| $2.75M | 0.01% |
63,811
+53,541
| +521% | +$2.26M |
|
|
TECD
1562
DELISTED
Tech Data Corp
TECD
| $2.75M | 0.01% |
44,009
+17,248
| +64% | +$1.07M |
|
|
GTIV
1563
DELISTED
GENTIVA HEALTH SERVICES INC
GTIV
| $2.75M | 0.01% |
182,526
+145,911
| +399% | +$1.65M |
|
|
GRT
1564
DELISTED
GLIMCHER REALTY TRUST
GRT
| $2.75M | 0.01% |
253,782
-2,732,185
| -92% | -$28.7M |
|
1565
National Fuel Gas
NFG
$7.69B
| $2.74M | 0.01% |
35,004
-53,216
| -60% | -$3.92M |
|
1566
Puma Biotechnology
PBYI
$398M
| $2.73M | 0.01% |
41,437
+7,690
| +23% | +$547K |
|
|
IRE
1567
DELISTED
GOVERNOR-BK OF IRELND ADS NEW
IRE
| $2.72M | 0.01% |
195,439
+178,939
| +1,084% | +$2.9M |
|
|
GLRI
1568
DELISTED
GLORI ENERGY INC COMMON STOCK
GLRI
| $2.72M | 0.01% |
+250,047
| New | +$2.31M |
|
1569
Church & Dwight Co
CHD
$23.7B
| $2.71M | 0.01% |
77,412
-236,538
| -75% | -$8.13M |
|
|
CTXS
1570
DELISTED
Citrix Systems Inc
CTXS
| $2.71M | 0.01% |
54,349
-143,264
| -72% | -$6.89M |
|
|
GAS
1571
DELISTED
AGL Resources Inc
GAS
| $2.7M | 0.01% |
+49,091
| New | +$2.58M |
|
1572
PUT
Berkshire Hathaway Class B
BRK.B
$1.1T
| $2.7M | 0.01% |
21,300
-123,200
| -85% | -$15.6M |
|
|
TEN
1573
Tsakos Energy Navigation Ltd
TEN
$1.19B
| $2.69M | 0.01% |
80,514
+49,029
| +156% | +$1.77M |
|
|
HI
1574
DELISTED
Hillenbrand
HI
| $2.69M | 0.01% |
82,434
+14,254
| +21% | +$440K |
|
1575
Sysco
SYY
$40.8B
| $2.69M | 0.01% |
71,735
-212,108
| -75% | -$7.79M |
|
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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.