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 | |
|---|---|---|---|---|---|---|
1751
CALL
BlackBerry
BB
$4.58B
| $2.05M | 0.01% |
200,000
-8,200
| -4% | -$64.6K |
|
1752
First Bancorp
FBP
$4.42B
| $2.05M | 0.01% |
376,121
+336,090
| +840% | +$1.77M |
|
1753
Compañía de Cervecerías Unidas
CCU
$2.14B
| $2.04M | 0.01% |
87,011
+8,902
| +11% | +$205K |
|
1754
Broadridge
BR
$18.4B
| $2.04M | 0.01% |
48,885
+9,990
| +26% | +$391K |
|
1755
Heartland Express
HTLD
$1B
| $2.04M | 0.01% |
95,385
-610,603
| -86% | -$13.2M |
|
|
STI
1756
PUT
DELISTED
SunTrust Banks, Inc.
STI
| $2.04M | 0.01% |
+50,800
| New | +$1.98M |
|
1757
Ally Financial
ALLY
$13.1B
| $2.03M | 0.01% |
+85,000
| New | +$2.06M |
|
1758
PUT
Huntsman Corp
HUN
$2.09B
| $2.03M | 0.01% |
+72,300
| New | +$1.89M |
|
1759
iShares 7-10 Year Treasury Bond ETF
IEF
$47.2B
| $2.03M | 0.01% |
+19,606
| New | +$2.01M |
|
|
SEMI
1760
DELISTED
SunEdison Semiconductor Limited
SEMI
| $2.02M | 0.01% |
+119,590
| New | +$1.97M |
|
|
NADL
1761
DELISTED
North Atlantic Drilling Ltd
NADL
| $2.02M | 0.01% |
18,995
+11,495
| +153% | +$1.08M |
|
1762
Black Hills Corp
BKH
$5.54B
| $2.01M | 0.01% |
32,814
-37,597
| -53% | -$2.18M |
|
1763
Prudential
PUK
$36.4B
| $2.01M | 0.01% |
45,176
+35,698
| +377% | +$1.58M |
|
|
ESND
1764
DELISTED
Essendant Inc.
ESND
| $2M | 0.01% |
48,343
-19,523
| -29% | -$765K |
|
|
BWLD
1765
CALL
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $2M | 0.01% |
12,100
-21,900
| -64% | -$3.22M |
|
|
STI
1766
CALL
DELISTED
SunTrust Banks, Inc.
STI
| $2M | 0.01% |
50,000
-87,100
| -64% | -$3.39M |
|
|
PAY
1767
PUT
DELISTED
Verifone Systems Inc
PAY
| $2M | 0.01% |
54,500
+20,900
| +62% | +$712K |
|
|
USG
1768
DELISTED
Usg
USG
| $2M | 0.01% |
66,418
-132,236
| -67% | -$4.05M |
|
|
IO
1769
DELISTED
ION Geophysical Corporation
IO
| $2M | 0.01% |
31,616
+11,473
| +57% | +$723K |
|
|
RKT
1770
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $2M | 0.01% |
37,900
-27,954
| -42% | -$1.41M |
|
1771
Hanmi Financial
HAFC
$936M
| $2M | 0.01% |
94,886
+23,041
| +32% | +$505K |
|
|
AMTG
1772
DELISTED
APOLLO RESIDENTIAL MTG INC COM STK
AMTG
| $2M | 0.01% |
119,416
+28,571
| +31% | +$469K |
|
|
WW
1773
CALL
DELISTED
WW International
WW
| $1.99M | 0.01% |
98,800
-9,800
| -9% | -$210K |
|
|
DRIV
1774
DELISTED
DIGITAL RIVER INC.
DRIV
| $1.99M | 0.01% |
129,166
+104,363
| +421% | +$1.66M |
|
|
HRC
1775
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $1.99M | 0.01% |
+47,940
| New | +$1.86M |
|
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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.