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 | |
|---|---|---|---|---|---|---|
1851
Pricesmart
PSMT
$5.9B
| $1.78M | ﹤0.01% |
+20,502
| New | +$1.9M |
|
1852
ASE Group
ASX
$74.4B
| $1.78M | ﹤0.01% |
273,359
+211,292
| +340% | +$1.28M |
|
|
AGEN
1853
Agenus
AGEN
$275M
| $1.77M | ﹤0.01% |
28,062
+1,295
| +5% | +$74.9K |
|
|
AXAS
1854
DELISTED
Abraxas Petroleum Corp
AXAS
| $1.77M | ﹤0.01% |
14,164
-8,072
| -36% | -$824K |
|
1855
CALL
Methanex
MEOH
$4.12B
| $1.77M | ﹤0.01% |
+28,600
| New | +$1.75M |
|
1856
BancFirst
BANF
$3.89B
| $1.76M | ﹤0.01% |
56,984
-94,262
| -62% | -$2.79M |
|
|
SSRI
1857
DELISTED
Silver Standard Resources
SSRI
| $1.75M | ﹤0.01% |
+202,631
| New | +$1.75M |
|
|
IMGN
1858
DELISTED
Immunogen Inc
IMGN
| $1.75M | ﹤0.01% |
147,994
+47,994
| +48% | +$602K |
|
|
WW
1859
PUT
DELISTED
WW International
WW
| $1.75M | ﹤0.01% |
86,800
-293,300
| -77% | -$6.28M |
|
|
TPC
1860
Tutor Perini Cor
TPC
$4.31B
| $1.75M | ﹤0.01% |
55,134
-66,445
| -55% | -$2.01M |
|
1861
CRH
CRH
$69.1B
| $1.75M | ﹤0.01% |
67,591
+40,710
| +151% | +$1.15M |
|
1862
PUT
SLB Ltd
SLB
$74.2B
| $1.75M | ﹤0.01% |
14,800
-114,700
| -89% | -$11.8M |
|
1863
CDW
CDW
$18.4B
| $1.75M | ﹤0.01% |
+54,723
| New | +$1.61M |
|
1864
SiriusPoint
SPNT
$3.09B
| $1.74M | ﹤0.01% |
114,305
+101,344
| +782% | +$1.59M |
|
|
SAFE
1865
Safehold
SAFE
$1.19B
| $1.74M | ﹤0.01% |
23,874
+73
| +0.3% | +$5.17K |
|
|
IRG
1866
DELISTED
Ignite Restaurant Group, Inc.
IRG
| $1.73M | ﹤0.01% |
+118,872
| New | +$1.75M |
|
|
DRII
1867
DELISTED
DIAMOND RESORTS INTL, INC
DRII
| $1.73M | ﹤0.01% |
74,282
-53,898
| -42% | -$1.06M |
|
1868
Workday
WDAY
$39.4B
| $1.73M | ﹤0.01% |
19,208
-119,284
| -86% | -$9.39M |
|
|
WSTC
1869
DELISTED
West Corporation
WSTC
| $1.73M | ﹤0.01% |
64,408
+29,123
| +83% | +$742K |
|
1870
Vitamin Cottage Natural Grocers
NGVC
$744M
| $1.72M | ﹤0.01% |
80,508
-32,062
| -28% | -$881K |
|
|
WBA
1871
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $1.72M | ﹤0.01% |
23,200
+300
| +1% | +$21K |
|
1872
CALL
Capital One
COF
$130B
| $1.72M | ﹤0.01% |
20,800
-70,600
| -77% | -$5.48M |
|
1873
Royal Gold
RGLD
$16.6B
| $1.72M | ﹤0.01% |
22,559
-8,706
| -28% | -$575K |
|
1874
Medallion Financial
MFIN
$229M
| $1.72M | ﹤0.01% |
137,747
+104,639
| +316% | +$1.37M |
|
1875
Cracker Barrel
CBRL
$1.2B
| $1.71M | ﹤0.01% |
17,181
-47,052
| -73% | -$4.61M |
|
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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.