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 | |
|---|---|---|---|---|---|---|
|
GAP
1726
The Gap Inc
GAP
$7.21B
| $2.11M | 0.01% |
50,653
-1,488,268
| -97% | -$60.2M |
|
|
CMA
1727
DELISTED
Comerica
CMA
| $2.1M | 0.01% |
41,907
+17,495
| +72% | +$854K |
|
1728
PUT
Teradata
TDC
$2.9B
| $2.1M | 0.01% |
52,300
-5,100
| -9% | -$223K |
|
1729
W.W. Grainger
GWW
$64.9B
| $2.1M | 0.01% |
8,264
-4,168
| -34% | -$1.06M |
|
1730
Alkermes
ALKS
$8.19B
| $2.1M | 0.01% |
41,714
-57,993
| -58% | -$2.67M |
|
1731
CALL
APA Corp
APA
$12.8B
| $2.09M | 0.01% |
20,800
-2,200
| -10% | -$199K |
|
|
PQUE
1732
DELISTED
PETROQUEST ENERGY INC (DE)
PQUE
| $2.09M | 0.01% |
278,122
-506,858
| -65% | -$3.81M |
|
|
FMI
1733
PUT
DELISTED
Foundation Medicine, Inc.
FMI
| $2.09M | 0.01% |
+77,500
| New | +$1.96M |
|
1734
Watsco Inc
WSO
$12.8B
| $2.08M | 0.01% |
+20,253
| New | +$2.05M |
|
|
JCP
1735
DELISTED
J.C. Penney Company, Inc.
JCP
| $2.08M | 0.01% |
229,467
+16,856
| +8% | +$145K |
|
|
DRYS
1736
DELISTED
DryShips Inc. Common Stock
DRYS
| – | – |
0
| – | – |
|
|
RSE
1737
DELISTED
ROUSE PPTYS INC COM (DE)
RSE
| $2.08M | 0.01% |
121,315
+61,106
| +101% | +$1.02M |
|
|
EVRI
1738
DELISTED
Everi Holdings
EVRI
| $2.07M | 0.01% |
+232,468
| New | +$1.85M |
|
1739
Pembina Pipeline
PBA
$29.3B
| $2.07M | 0.01% |
48,108
+41,458
| +623% | +$1.66M |
|
|
SCMP
1740
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
| $2.07M | 0.01% |
299,819
-137,549
| -31% | -$973K |
|
1741
NVIDIA
NVDA
$4.64T
| $2.06M | 0.01% |
4,452,240
-69,859,640
| -94% | -$32.6M |
|
|
TBI
1742
Trueblue
TBI
$233M
| $2.06M | 0.01% |
74,770
-113,205
| -60% | -$3.1M |
|
|
POM
1743
CALL
DELISTED
PEPCO HOLDINGS, INC.
POM
| $2.06M | 0.01% |
+75,000
| New | +$1.91M |
|
|
P
1744
PUT
DELISTED
Pandora Media Inc
P
| $2.06M | 0.01% |
+69,800
| New | +$1.82M |
|
|
UNIS
1745
DELISTED
Unilife Corporation
UNIS
| $2.06M | 0.01% |
+69,572
| New | +$2.18M |
|
1746
Diamondback Energy
FANG
$55.8B
| $2.06M | 0.01% |
23,145
-47,028
| -67% | -$3.58M |
|
1747
PUT
Toll Brothers
TOL
$14.4B
| $2.06M | 0.01% |
55,700
-146,800
| -72% | -$5.21M |
|
1748
Lennar Class A
LEN
$21B
| $2.05M | 0.01% |
51,401
+44,494
| +644% | +$1.69M |
|
1749
Logitech
LOGI
$15B
| $2.05M | 0.01% |
157,669
+80,232
| +104% | +$1.09M |
|
|
PDM
1750
Piedmont Realty Trust
PDM
$1.26B
| $2.05M | 0.01% |
108,196
-59,808
| -36% | -$1.1M |
|
Similar funds
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.