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 | |
|---|---|---|---|---|---|---|
1776
Coca-Cola Femsa
KOF
$22.8B
| $1.98M | 0.01% |
17,459
+15,394
| +745% | +$1.74M |
|
|
EPZM
1777
DELISTED
Epizyme, Inc
EPZM
| $1.98M | 0.01% |
63,740
+52,479
| +466% | +$1.24M |
|
|
AMRN
1778
Amarin Corp
AMRN
$293M
| $1.98M | 0.01% |
56,247
+26,272
| +88% | +$824K |
|
|
HCBK
1779
DELISTED
HUDSON CITY BANCORP INC
HCBK
| $1.98M | 0.01% |
+201,308
| New | +$1.98M |
|
1780
PUT
Franco-Nevada
FNV
$40.6B
| $1.98M | 0.01% |
34,500
-126,200
| -79% | -$6.16M |
|
1781
Telephone and Data Systems
TDS
$3.87B
| $1.98M | 0.01% |
75,633
+44,502
| +143% | +$1.18M |
|
|
VRNT
1782
DELISTED
Verint Systems
VRNT
| $1.97M | 0.01% |
78,864
+21,919
| +38% | +$516K |
|
|
LFC
1783
DELISTED
China Life Insurance Company Ltd.
LFC
| $1.97M | 0.01% |
150,633
+110,169
| +272% | +$1.49M |
|
1784
Element Solutions
ESI
$8.89B
| $1.97M | 0.01% |
70,200
-102,936
| -59% | -$2.39M |
|
|
QLTY
1785
DELISTED
QUALITY DISTR INC FLA
QLTY
| $1.97M | 0.01% |
132,468
+88,000
| +198% | +$1.21M |
|
|
HPTX
1786
DELISTED
HYPERION THERAPEUTICS INC COM STK (DE)
HPTX
| $1.97M | 0.01% |
75,388
+47,108
| +167% | +$1.21M |
|
1787
IDEX
IEX
$16.6B
| $1.97M | 0.01% |
24,348
-116,785
| -83% | -$8.83M |
|
|
ICPT
1788
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $1.96M | 0.01% |
8,280
-91,161
| -92% | -$24M |
|
1789
CALL
Equinix
EQIX
$102B
| $1.95M | 0.01% |
+9,300
| New | +$1.79M |
|
1790
HCI Group
HCI
$2.29B
| $1.95M | 0.01% |
48,095
+19,060
| +66% | +$738K |
|
|
VDTH
1791
DELISTED
Videocon d2h Limited
VDTH
| $1.95M | 0.01% |
200,000
| – | – |
|
1792
Canadian National Railway
CNI
$78.3B
| $1.95M | 0.01% |
+30,000
| New | +$1.78M |
|
1793
Teekay
TK
$981M
| $1.95M | 0.01% |
31,285
+22,821
| +270% | +$1.32M |
|
|
ICLD
1794
DELISTED
INTERCLOUD SYSTEMS, INC. COMMON STOCK
ICLD
| $1.94M | 0.01% |
295,000
+170,000
| +136% | +$949K |
|
|
REN
1795
DELISTED
Resolute Energy Corporaton
REN
| $1.94M | 0.01% |
44,804
+40,545
| +952% | +$1.6M |
|
|
YELL
1796
DELISTED
Yellow Corporation Common Stock
YELL
| $1.93M | 0.01% |
68,777
+37,997
| +123% | +$846K |
|
|
GES
1797
DELISTED
Guess Inc
GES
| $1.93M | 0.01% |
71,574
-58,214
| -45% | -$1.58M |
|
1798
Opko Health
OPK
$1.23B
| $1.93M | 0.01% |
218,419
+109,717
| +101% | +$958K |
|
|
RDEN
1799
CALL
DELISTED
ELIZABETH ARDEN INC
RDEN
| $1.93M | 0.01% |
+90,000
| New | +$2.59M |
|
|
OREX
1800
CALL
DELISTED
Orexigen Therapeutics, Inc.
OREX
| $1.92M | 0.01% |
31,090
+260
| +0.8% | +$15.1K |
|
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.