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 | |
|---|---|---|---|---|---|---|
1701
Autoliv
ALV
$9.1B
| $2.19M | 0.01% |
+28,458
| New | +$2.13M |
|
|
BYI
1702
DELISTED
BALLY TECHNOLOGIES, INC.
BYI
| $2.18M | 0.01% |
+33,196
| New | +$2.07M |
|
1703
Rockwell Medical
RMTI
$27.2M
| $2.17M | 0.01% |
1,648
+75
| +5% | +$90.2K |
|
|
WRI
1704
DELISTED
Weingarten Realty Investors
WRI
| $2.17M | 0.01% |
+66,175
| New | +$2.08M |
|
1705
Invesco QQQ Trust
QQQ
$439B
| $2.17M | 0.01% |
23,105
+2,138
| +10% | +$191K |
|
1706
WaFd
WAFD
$2.72B
| $2.17M | 0.01% |
96,747
+64,901
| +204% | +$1.42M |
|
1707
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.4B
| $2.17M | 0.01% |
18,189
+9,089
| +100% | +$1.08M |
|
|
ENZY
1708
DELISTED
Enzymotec Ltd
ENZY
| $2.17M | 0.01% |
159,789
-212,269
| -57% | -$3.56M |
|
|
XOMA
1709
DELISTED
Xoma
XOMA
| $2.17M | 0.01% |
23,609
-51,185
| -68% | -$4.44M |
|
|
AXON
1710
Axon Enterprise
AXON
$43.9B
| $2.17M | 0.01% |
162,765
-46,155
| -22% | -$686K |
|
1711
CALL
Intel
INTC
$421B
| $2.16M | 0.01% |
70,000
-79,300
| -53% | -$2.17M |
|
|
ECOL
1712
DELISTED
US Ecology, Inc.
ECOL
| $2.16M | 0.01% |
44,132
+28,909
| +190% | +$1.33M |
|
|
SZMK
1713
DELISTED
SIZMEK INC COM STK (DE)
SZMK
| $2.15M | 0.01% |
226,055
+61,555
| +37% | +$603K |
|
1714
Amgen
AMGN
$211B
| $2.15M | 0.01% |
18,180
-356,260
| -95% | -$41.2M |
|
|
GLF
1715
DELISTED
GulfMark Offshore, Inc. Common Stock
GLF
| $2.15M | 0.01% |
+47,639
| New | +$2.14M |
|
|
KEG
1716
DELISTED
KEY ENERGY SERVICES INC
KEG
| $2.15M | 0.01% |
235,502
-200,931
| -46% | -$1.84M |
|
|
1717
CALL
Apple
AAPL
$5.01T
| $2.15M | 0.01% |
92,400
-16,800
| -15% | -$357K |
|
|
SYKE
1718
DELISTED
SYKES Enterprises Inc
SYKE
| $2.14M | 0.01% |
98,660
-14,485
| -13% | -$294K |
|
|
CTLP
1719
DELISTED
Cantaloupe
CTLP
| $2.14M | 0.01% |
1,014,500
+34,000
| +3% | +$68.5K |
|
1720
iShares Russell 2000 Value ETF
IWN
$14.4B
| $2.14M | 0.01% |
20,736
+4,620
| +29% | +$459K |
|
|
ENIA
1721
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $2.14M | 0.01% |
235,256
-332,263
| -59% | -$2.88M |
|
1722
Bankunited
BKU
$3.37B
| $2.14M | 0.01% |
63,830
-1,303,712
| -95% | -$43.3M |
|
1723
Comstock Resources
CRK
$3.66B
| $2.13M | 0.01% |
14,740
-9,301
| -39% | -$1.22M |
|
1724
Ares Capital
ARCC
$13.6B
| $2.12M | 0.01% |
118,911
+39,107
| +49% | +$672K |
|
|
BKMU
1725
DELISTED
Bank Mutual Corp
BKMU
| $2.12M | 0.01% |
364,749
+346,049
| +1,851% | +$2.1M |
|
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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.