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 | |
|---|---|---|---|---|---|---|
|
MTEM
1626
DELISTED
Molecular Templates, Inc.
MTEM
| $2.46M | 0.01% |
3,770
+1,305
| +53% | +$865K |
|
1627
Flowers Foods
FLO
$1.58B
| $2.46M | 0.01% |
116,657
-2,339,141
| -95% | -$48.4M |
|
1628
TETRA Technologies
TTI
$1.08B
| $2.46M | 0.01% |
208,483
+163,676
| +365% | +$1.97M |
|
1629
Ribbon Communications
RBBN
$386M
| $2.45M | 0.01% |
136,384
-46,611
| -25% | -$788K |
|
|
XCO
1630
DELISTED
Exco Resources
XCO
| $2.45M | 0.01% |
27,713
+21,380
| +338% | +$1.82M |
|
1631
L3Harris
LHX
$55.4B
| $2.44M | 0.01% |
32,148
+26,271
| +447% | +$1.96M |
|
|
KWK
1632
DELISTED
QUICKSILVER RESOURCES INC
KWK
| $2.44M | 0.01% |
911,800
-1,389,253
| -60% | -$3.77M |
|
1633
CALL
Texas Instruments
TXN
$248B
| $2.43M | 0.01% |
50,900
-700
| -1% | -$32.7K |
|
1634
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $2.43M | 0.01% |
45,984
+11,392
| +33% | +$601K |
|
1635
CALL
Century Aluminum
CENX
$4.22B
| $2.43M | 0.01% |
+154,900
| New | +$2.2M |
|
1636
Boston Beer
SAM
$1.95B
| $2.43M | 0.01% |
10,860
+3,715
| +52% | +$847K |
|
1637
SAP
SAP
$215B
| $2.42M | 0.01% |
+31,486
| New | +$2.45M |
|
|
ARRY
1638
DELISTED
Array Biopharma Inc
ARRY
| $2.42M | 0.01% |
530,901
+118,870
| +29% | +$492K |
|
1639
Casey's General Stores
CASY
$32.1B
| $2.42M | 0.01% |
34,407
+8,845
| +35% | +$611K |
|
1640
Choice Hotels
CHH
$5.26B
| $2.42M | 0.01% |
+51,337
| New | +$2.31M |
|
|
FLIR
1641
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $2.41M | 0.01% |
69,503
-239,503
| -78% | -$8.39M |
|
|
CSGS
1642
DELISTED
CSG Systems International
CSGS
| $2.41M | 0.01% |
92,404
+9,297
| +11% | +$242K |
|
|
VIVO
1643
DELISTED
Meridian Bioscience Inc
VIVO
| $2.41M | 0.01% |
116,726
+70,993
| +155% | +$1.46M |
|
|
RVBD
1644
DELISTED
RIVERBED TECHNOLOGY, INC COM
RVBD
| $2.41M | 0.01% |
+116,697
| New | +$2.31M |
|
1645
Caesarstone
CSTE
$69.5M
| $2.41M | 0.01% |
+49,020
| New | +$2.49M |
|
|
FUR
1646
DELISTED
WINTHROP REALTY TRUST SHS BENE INT (NEW)
FUR
| $2.4M | 0.01% |
156,702
+124,184
| +382% | +$1.72M |
|
1647
PUT
Cisco
CSCO
$443B
| $2.4M | 0.01% |
96,500
-688,800
| -88% | -$16.4M |
|
1648
Pegasystems
PEGA
$5.09B
| $2.39M | 0.01% |
226,642
-292,582
| -56% | -$2.8M |
|
1649
New York Times
NYT
$12.6B
| $2.39M | 0.01% |
+157,038
| New | +$2.45M |
|
|
CNW
1650
DELISTED
CON-WAY INC.
CNW
| $2.37M | 0.01% |
47,000
-4,405
| -9% | -$198K |
|
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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.