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 | |
|---|---|---|---|---|---|---|
|
JCP
1901
CALL
DELISTED
J.C. Penney Company, Inc.
JCP
| $1.64M | ﹤0.01% |
+180,700
| New | +$1.56M |
|
|
VG
1902
DELISTED
Vonage Holdings Corporation
VG
| $1.63M | ﹤0.01% |
435,613
-204,876
| -32% | -$774K |
|
1903
Baytex Energy
BTE
$2.86B
| $1.63M | ﹤0.01% |
35,354
-247
| -0.7% | -$10.5K |
|
1904
CareTrust REIT
CTRE
$10.1B
| $1.63M | ﹤0.01% |
+82,351
| New | +$1.5M |
|
1905
Lesaka Technologies
LSAK
$392M
| $1.63M | ﹤0.01% |
+143,245
| New | +$1.48M |
|
|
ERF
1906
DELISTED
Enerplus Corporation
ERF
| $1.63M | ﹤0.01% |
65,220
+50,082
| +331% | +$1.11M |
|
1907
PUT
Honeywell
HON
$78.3B
| $1.63M | ﹤0.01% |
+19,476
| New | +$1.63M |
|
1908
Granite Construction
GVA
$5.31B
| $1.62M | ﹤0.01% |
+45,073
| New | +$1.65M |
|
1909
Blackrock
BLK
$170B
| $1.62M | ﹤0.01% |
5,072
-20,028
| -80% | -$6.14M |
|
|
COR
1910
DELISTED
Coresite Realty Corporation
COR
| $1.62M | ﹤0.01% |
48,879
+11,233
| +30% | +$354K |
|
|
TOO
1911
DELISTED
Teekay Offshore Partners L.P.
TOO
| $1.62M | ﹤0.01% |
44,777
+37,550
| +520% | +$1.32M |
|
1912
Mercury Insurance
MCY
$6.07B
| $1.61M | ﹤0.01% |
+34,300
| New | +$1.61M |
|
|
EQU
1913
DELISTED
EQUAL ENERGY LTD COM
EQU
| $1.61M | ﹤0.01% |
296,800
+197,100
| +198% | +$996K |
|
|
BRSL
1914
CALL
Brightstar Lottery PLC
BRSL
$1.92B
| $1.6M | ﹤0.01% |
+100,900
| New | +$1.37M |
|
1915
DHT Holdings
DHT
$2.99B
| $1.59M | ﹤0.01% |
221,463
-591,760
| -73% | -$4.42M |
|
|
FCH
1916
DELISTED
Felcor Lodging Trust
FCH
| $1.59M | ﹤0.01% |
151,028
-76,048
| -33% | -$732K |
|
1917
Vera Bradley
VRA
$104M
| $1.58M | ﹤0.01% |
72,350
+2,431
| +3% | +$64K |
|
|
WILN
1918
DELISTED
Wi-LAN Inc.
WILN
| $1.58M | ﹤0.01% |
496,475
-111,716
| -18% | -$343K |
|
1919
First Financial Bankshares
FFIN
$5.05B
| $1.57M | ﹤0.01% |
100,154
-38,358
| -28% | -$580K |
|
1920
iShares Core S&P 500 ETF
IVV
$871B
| $1.57M | ﹤0.01% |
+7,961
| New | +$1.52M |
|
|
PIR
1921
CALL
DELISTED
Pier 1 Imports, Inc.
PIR
| $1.56M | ﹤0.01% |
5,070
-1,340
| -21% | -$471K |
|
|
CPHD
1922
DELISTED
Cepheid Inc
CPHD
| $1.56M | ﹤0.01% |
+32,510
| New | +$1.47M |
|
|
MDSO
1923
DELISTED
Medidata Solutions, Inc.
MDSO
| $1.55M | ﹤0.01% |
36,333
-208,899
| -85% | -$8.67M |
|
1924
Harmonic Inc
HLIT
$1.2B
| $1.54M | ﹤0.01% |
207,120
+76,866
| +59% | +$553K |
|
|
CAA
1925
DELISTED
CalAtlantic Group, Inc.
CAA
| $1.54M | ﹤0.01% |
35,790
-46,609
| -57% | -$1.89M |
|
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.