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 | |
|---|---|---|---|---|---|---|
2001
CALL
Intuitive Surgical
ISRG
$130B
| $1.36M | ﹤0.01% |
29,700
-33,300
| -53% | -$1.47M |
|
2002
Achieve Life Sciences
ACHV
$634M
| $1.36M | ﹤0.01% |
165
+129
| +358% | +$1.58M |
|
2003
DNOW Inc
DNOW
$2.53B
| $1.35M | ﹤0.01% |
+37,247
| New | +$1.28M |
|
2004
Hecla Mining
HL
$9.76B
| $1.35M | ﹤0.01% |
390,024
+297,876
| +323% | +$914K |
|
|
SGYP
2005
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $1.35M | ﹤0.01% |
330,690
+246,685
| +294% | +$1.05M |
|
2006
Atlantic Union Bankshares
AUB
$6.11B
| $1.34M | ﹤0.01% |
52,427
+35,981
| +219% | +$912K |
|
2007
Gran Tierra Energy
GTE
$226M
| $1.34M | ﹤0.01% |
16,513
+14,683
| +802% | +$1.08M |
|
|
TNGO
2008
DELISTED
Tangoe, Inc.
TNGO
| $1.33M | ﹤0.01% |
88,670
+63,670
| +255% | +$986K |
|
2009
Federated Hermes
FHI
$4.59B
| $1.33M | ﹤0.01% |
42,870
-267,189
| -86% | -$7.77M |
|
|
BRSL
2010
Brightstar Lottery PLC
BRSL
$1.92B
| $1.33M | ﹤0.01% |
+83,346
| New | +$1.13M |
|
|
ZEN
2011
DELISTED
ZENDESK INC
ZEN
| $1.32M | ﹤0.01% |
+76,194
| New | +$1.28M |
|
2012
Universal Corp
UVV
$1.36B
| $1.32M | ﹤0.01% |
23,879
-9,020
| -27% | -$491K |
|
|
RUTH
2013
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $1.32M | ﹤0.01% |
107,023
-79,566
| -43% | -$978K |
|
2014
TriMas Corp
TRS
$1.44B
| $1.32M | ﹤0.01% |
43,481
-444
| -1% | -$12.4K |
|
|
AUQ
2015
DELISTED
AURICO GOLD INC COM
AUQ
| $1.32M | ﹤0.01% |
310,200
+293,483
| +1,756% | +$1.19M |
|
2016
BlackRock TCP Capital
TCPC
$274M
| $1.32M | ﹤0.01% |
72,264
-375,873
| -84% | -$6.32M |
|
2017
PUT
Cooper Companies
COO
$14.1B
| $1.31M | ﹤0.01% |
38,800
+25,600
| +194% | +$846K |
|
2018
Genuine Parts
GPC
$17.9B
| $1.31M | ﹤0.01% |
14,876
+6,476
| +77% | +$557K |
|
2019
Quaker Houghton
KWR
$2.67B
| $1.31M | ﹤0.01% |
17,006
+11,012
| +184% | +$837K |
|
2020
Patrick Industries
PATK
$2.91B
| $1.31M | ﹤0.01% |
+94,611
| New | +$1.14M |
|
2021
PUT
Target
TGT
$65.5B
| $1.3M | ﹤0.01% |
22,500
-104,500
| -82% | -$6.15M |
|
|
EJ
2022
DELISTED
E HOUSE (CHINA) HOLDINGS LIMITED
EJ
| $1.3M | ﹤0.01% |
162,398
+8,711
| +6% | +$76.5K |
|
|
IDIX
2023
DELISTED
IDENIX PHARMACEUTICALS INC
IDIX
| $1.3M | ﹤0.01% |
+54,100
| New | +$564K |
|
|
N
2024
DELISTED
Netsuite Inc
N
| $1.3M | ﹤0.01% |
15,000
-33,754
| -69% | -$2.72M |
|
2025
iShares MSCI EAFE ETF
EFA
$76.8B
| $1.3M | ﹤0.01% |
19,023
+2,745
| +17% | +$188K |
|
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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.