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 | |
|---|---|---|---|---|---|---|
|
FNGN
1601
DELISTED
Financial Engines, Inc.
FNGN
| $2.57M | 0.01% |
56,838
-48,959
| -46% | -$2.19M |
|
1602
CALL
Berkshire Hathaway Class B
BRK.B
$1.1T
| $2.57M | 0.01% |
20,300
+17,900
| +746% | +$2.27M |
|
1603
Unisys
UIS
$252M
| $2.56M | 0.01% |
103,587
-121,568
| -54% | -$3.07M |
|
1604
Banco Bradesco
BBD
$37.4B
| $2.56M | 0.01% |
449,793
-714,615
| -61% | -$4.18M |
|
1605
Blackstone Mortgage Trust
BXMT
$2.77B
| $2.56M | 0.01% |
88,116
-14,873
| -14% | -$430K |
|
|
UCB
1606
United Community Banks
UCB
$4.26B
| $2.56M | 0.01% |
156,051
+113,915
| +270% | +$1.91M |
|
1607
Federal Signal
FSS
$6.82B
| $2.55M | 0.01% |
174,068
-49,342
| -22% | -$722K |
|
|
BTM
1608
DELISTED
OI S.A. SPON ADR REPSTG 3 PFD SHS (BRA)
BTM
| $2.55M | 0.01% |
2,968,842
+2,575,903
| +656% | +$2.21M |
|
1609
First Majestic Silver
AG
$7.52B
| $2.55M | 0.01% |
235,530
+139,984
| +147% | +$1.33M |
|
|
HGG
1610
PUT
DELISTED
hhgregg Inc.
HGG
| $2.54M | 0.01% |
250,000
-100,500
| -29% | -$922K |
|
1611
TG Therapeutics
TGTX
$8.19B
| $2.54M | 0.01% |
+270,722
| New | +$1.73M |
|
1612
CALL
Meta Platforms (Facebook)
META
$1.49T
| $2.54M | 0.01% |
37,700
-213,500
| -85% | -$13.1M |
|
|
FDO
1613
CALL
DELISTED
FAMILY DOLLAR STORES
FDO
| $2.53M | 0.01% |
+38,300
| New | +$2.31M |
|
|
LOGM
1614
DELISTED
LogMein, Inc.
LOGM
| $2.53M | 0.01% |
54,301
+26,442
| +95% | +$1.14M |
|
|
FST
1615
DELISTED
FOREST OIL CORPORATION
FST
| $2.53M | 0.01% |
1,109,508
+604,293
| +120% | +$1.29M |
|
|
DCOM
1616
DELISTED
Dime Community Bancshares
DCOM
| $2.52M | 0.01% |
159,531
+48,797
| +44% | +$774K |
|
1617
Regal Rexnord
RRX
$12.5B
| $2.51M | 0.01% |
31,958
-62,504
| -66% | -$4.74M |
|
|
ALR
1618
DELISTED
Alere Inc
ALR
| $2.51M | 0.01% |
67,106
-107,745
| -62% | -$3.84M |
|
1619
Huazhu Hotels Group
HTHT
$13.3B
| $2.49M | 0.01% |
+397,364
| New | +$2.34M |
|
1620
Eli Lilly
LLY
$1.08T
| $2.49M | 0.01% |
40,100
-21,528
| -35% | -$1.28M |
|
1621
Haverty Furniture Companies
HVT
$418M
| $2.48M | 0.01% |
98,853
+31,244
| +46% | +$793K |
|
|
PAY
1622
CALL
DELISTED
Verifone Systems Inc
PAY
| $2.48M | 0.01% |
67,600
-7,200
| -10% | -$245K |
|
|
SVU
1623
DELISTED
SUPERVALU Inc.
SVU
| $2.48M | 0.01% |
43,095
+20,309
| +89% | +$1.05M |
|
|
BEE
1624
DELISTED
STRATEGIC HOTELS & RESORTS, INC
BEE
| $2.47M | 0.01% |
210,845
-596,463
| -74% | -$6.44M |
|
|
BT
1625
DELISTED
BT Group plc (ADR)
BT
| $2.47M | 0.01% |
75,146
+23,156
| +45% | +$744K |
|
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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.