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 | |
|---|---|---|---|---|---|---|
1826
Jazz Pharmaceuticals
JAZZ
$16.1B
| $1.85M | 0.01% |
12,565
+374
| +3% | +$51.9K |
|
1827
Hercules Capital
HTGC
$3.04B
| $1.84M | 0.01% |
113,981
-105,562
| -48% | -$1.55M |
|
1828
PUT
Adobe
ADBE
$99B
| $1.84M | 0.01% |
25,400
-79,000
| -76% | -$5.1M |
|
1829
TriNet
TNET
$3.14B
| $1.84M | 0.01% |
+76,307
| New | +$1.79M |
|
1830
PUT
Jabil
JBL
$31.7B
| $1.83M | 0.01% |
87,700
-105,700
| -55% | -$1.96M |
|
1831
CALL
RH
RH
$3.36B
| $1.83M | 0.01% |
19,700
-2,400
| -11% | -$168K |
|
1832
Veracyte
VCYT
$4.44B
| $1.83M | 0.01% |
107,048
+25,577
| +31% | +$368K |
|
|
PNNT
1833
Pennant Park Investment Corp
PNNT
$221M
| $1.83M | 0.01% |
159,824
+147,146
| +1,161% | +$1.61M |
|
1834
CALL
Tapestry
TPR
$30.5B
| $1.83M | 0.01% |
53,500
-111,500
| -68% | -$4.79M |
|
1835
Community Health Systems
CYH
$393M
| $1.82M | 0.01% |
48,521
-142,870
| -75% | -$4.75M |
|
|
FSP
1836
Franklin Street Properties
FSP
$50.1M
| $1.81M | 0.01% |
+144,295
| New | +$1.79M |
|
1837
British American Tobacco
BTI
$134B
| $1.81M | 0.01% |
+30,462
| New | +$1.78M |
|
1838
Harley-Davidson
HOG
$2.66B
| $1.81M | 0.01% |
+25,939
| New | +$1.83M |
|
|
BKCC
1839
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $1.81M | 0.01% |
+198,923
| New | +$1.76M |
|
1840
CALL
PVH
PVH
$4.01B
| $1.81M | 0.01% |
15,500
-18,100
| -54% | -$2.25M |
|
|
PGH
1841
DELISTED
Pengrowth Energy Corporation
PGH
| $1.8M | 0.01% |
251,349
-284,922
| -53% | -$1.86M |
|
|
HCR
1842
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $1.8M | 0.01% |
+27,500
| New | +$1.28M |
|
1843
Kelly Services Class A
KELYA
$560M
| $1.8M | 0.01% |
104,645
+20,428
| +24% | +$402K |
|
|
1844
PUT
PVH
PVH
$4.01B
| $1.8M | 0.01% |
15,400
-52,300
| -77% | -$6.51M |
|
|
AFOP
1845
DELISTED
Alliance Fiber Optic Prod Inc
AFOP
| $1.79M | 0.01% |
99,132
+67,513
| +214% | +$1.28M |
|
|
BCPC
1846
Balchem Corp
BCPC
$5.33B
| $1.79M | 0.01% |
33,484
+24,006
| +253% | +$1.38M |
|
1847
Selective Insurance
SIGI
$5.63B
| $1.79M | 0.01% |
72,417
-75,575
| -51% | -$1.78M |
|
1848
Omega Healthcare
OHI
$15.4B
| $1.79M | 0.01% |
48,502
+29,595
| +157% | +$1.06M |
|
|
MDVN
1849
PUT
DELISTED
MEDIVATION, INC.
MDVN
| $1.79M | 0.01% |
46,400
-93,600
| -67% | -$3.16M |
|
1850
Curtiss-Wright
CW
$26.9B
| $1.79M | ﹤0.01% |
27,248
-90,224
| -77% | -$5.92M |
|
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.