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 | |
|---|---|---|---|---|---|---|
1926
CALL
Carnival Corporation Ltd
CCL
$38.7B
| $1.54M | ﹤0.01% |
69,900
+34,600
| +98% | +$1.34M |
|
|
BBBY
1927
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $1.54M | ﹤0.01% |
26,800
-47,400
| -64% | -$2.96M |
|
|
GDEF
1928
DELISTED
GLOBAL DEFENSE & NATIONAL SECURITY SYSTEMS INC COM
GDEF
| $1.53M | ﹤0.01% |
150,000
| – | – |
|
|
JRN
1929
DELISTED
JOURNAL COMMUNICATIONS INC CL-A
JRN
| $1.53M | ﹤0.01% |
173,002
+84,786
| +96% | +$700K |
|
|
PETX
1930
DELISTED
Aratana Therapeutics, Inc.
PETX
| $1.53M | ﹤0.01% |
98,266
-1,976
| -2% | -$28K |
|
|
LDR
1931
DELISTED
Landauer Inc
LDR
| $1.53M | ﹤0.01% |
36,482
+15,074
| +70% | +$678K |
|
|
BCIC
1932
BCP Investment Corp
BCIC
$88.3M
| $1.53M | ﹤0.01% |
18,020
+13,381
| +288% | +$1.08M |
|
1933
Kosmos Energy
KOS
$1.39B
| $1.52M | ﹤0.01% |
135,498
-209,981
| -61% | -$2.24M |
|
|
SWC
1934
DELISTED
Stillwater Mining Co
SWC
| $1.52M | ﹤0.01% |
86,573
-1,264,966
| -94% | -$20.6M |
|
|
QPAC
1935
DELISTED
QUINPARIO ACQUISITION CORP COM STK
QPAC
| $1.52M | ﹤0.01% |
144,800
-108,700
| -43% | -$1.11M |
|
1936
Barrett Business Services
BBSI
$1.01B
| $1.52M | ﹤0.01% |
129,020
-48,472
| -27% | -$613K |
|
1937
Gladstone Investment Corp
GAIN
$655M
| $1.52M | ﹤0.01% |
204,835
+193,253
| +1,669% | +$1.5M |
|
|
RAI
1938
CALL
DELISTED
Reynolds American Inc
RAI
| $1.51M | ﹤0.01% |
50,000
-54,200
| -52% | -$1.55M |
|
|
IHS
1939
DELISTED
IHS INC CL-A COM STK
IHS
| $1.51M | ﹤0.01% |
11,105
-80,313
| -88% | -$10M |
|
|
SYA
1940
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $1.5M | ﹤0.01% |
65,877
-19,175
| -23% | -$402K |
|
1941
Arista Networks
ANET
$214B
| $1.5M | ﹤0.01% |
+384,000
| New | +$1.54M |
|
|
GTI
1942
DELISTED
GRAFTECH INTERNATIONAL LTD
GTI
| $1.5M | ﹤0.01% |
+143,123
| New | +$1.53M |
|
|
EXK
1943
Endeavour Silver
EXK
$2.29B
| $1.5M | ﹤0.01% |
273,738
-155,808
| -36% | -$695K |
|
1944
Forestar Group
FOR
$1.5B
| $1.5M | ﹤0.01% |
+78,307
| New | +$1.39M |
|
|
RAS
1945
DELISTED
RAIT Financial Trust
RAS
| $1.49M | ﹤0.01% |
180,357
+143,428
| +388% | +$1.16M |
|
|
HMHC
1946
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $1.49M | ﹤0.01% |
+77,700
| New | +$1.5M |
|
1947
CorMedix
CRMD
$577M
| $1.49M | ﹤0.01% |
164,380
+7,491
| +5% | +$63.9K |
|
|
HIBB
1948
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $1.49M | ﹤0.01% |
+27,464
| New | +$1.48M |
|
|
HF
1949
DELISTED
HFF Inc.
HF
| $1.49M | ﹤0.01% |
39,995
+25,809
| +182% | +$859K |
|
|
ELOS
1950
DELISTED
Syneron Medical Ltd
ELOS
| $1.49M | ﹤0.01% |
144,126
-53,912
| -27% | -$583K |
|
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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.