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 | |
|---|---|---|---|---|---|---|
|
JOY
2076
PUT
DELISTED
Joy Global Inc
JOY
| $1.21M | ﹤0.01% |
19,600
-26,400
| -57% | -$1.59M |
|
2077
PUT
State Street
STT
$50.2B
| $1.2M | ﹤0.01% |
+17,900
| New | +$1.18M |
|
|
EGL
2078
DELISTED
Engility Holdings, Inc.
EGL
| $1.2M | ﹤0.01% |
+31,470
| New | +$1.3M |
|
|
RSH
2079
DELISTED
RADIOSHACK CORP
RSH
| $1.2M | ﹤0.01% |
1,214,144
+1,194,890
| +6,206% | +$1.71M |
|
|
EFOR
2080
Everforth Inc
EFOR
$953M
| $1.2M | ﹤0.01% |
33,790
-69,924
| -67% | -$2.5M |
|
2081
Churchill Downs
CHDN
$6.22B
| $1.2M | ﹤0.01% |
+79,812
| New | +$1.16M |
|
|
CHU
2082
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $1.2M | ﹤0.01% |
+78,233
| New | +$1.15M |
|
|
MODV
2083
DELISTED
ModivCare
MODV
| $1.2M | ﹤0.01% |
+32,716
| New | +$1.29M |
|
2084
AZZ Inc
AZZ
$4.41B
| $1.2M | ﹤0.01% |
+25,962
| New | +$1.15M |
|
|
CBM
2085
DELISTED
Cambrex Corporation
CBM
| $1.2M | ﹤0.01% |
57,772
-101,494
| -64% | -$2.06M |
|
|
DENN
2086
DELISTED
Denny's
DENN
| $1.19M | ﹤0.01% |
183,196
+159,719
| +680% | +$1.04M |
|
|
EXAS
2087
DELISTED
Exact Sciences
EXAS
| $1.19M | ﹤0.01% |
+70,028
| New | +$964K |
|
|
OB
2088
DELISTED
Onebeacon Insurance Group Ltd
OB
| $1.19M | ﹤0.01% |
76,664
+44,464
| +138% | +$684K |
|
|
STBZ
2089
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $1.19M | ﹤0.01% |
70,349
+5,400
| +8% | +$90K |
|
2090
Diana Shipping
DSX
$270M
| $1.19M | ﹤0.01% |
+156,170
| New | +$1.24M |
|
|
CACQ
2091
DELISTED
Caesars Acquisition Company
CACQ
| $1.18M | ﹤0.01% |
95,690
+79,249
| +482% | +$999K |
|
2092
Mativ Holdings
MATV
$482M
| $1.18M | ﹤0.01% |
27,104
+7,038
| +35% | +$296K |
|
2093
Palisade Bio
PALI
$351M
| – | – |
0
| – | – |
|
|
MW
2094
CALL
DELISTED
THE MENS WAREHOUSE INC
MW
| $1.18M | ﹤0.01% |
21,200
-33,300
| -61% | -$1.69M |
|
|
OREX
2095
DELISTED
Orexigen Therapeutics, Inc.
OREX
| $1.18M | ﹤0.01% |
19,078
-185,879
| -91% | -$10.8M |
|
|
CPLA
2096
DELISTED
Capella Education Company
CPLA
| $1.18M | ﹤0.01% |
+21,634
| New | +$1.24M |
|
|
CVGW
2097
DELISTED
Calavo Growers
CVGW
| $1.18M | ﹤0.01% |
+34,719
| New | +$1.14M |
|
|
SWS
2098
DELISTED
SWS GROUP INC
SWS
| $1.17M | ﹤0.01% |
161,235
-299,406
| -65% | -$2.22M |
|
|
2099
CALL
State Street
STT
$50.2B
| $1.17M | ﹤0.01% |
+17,400
| New | +$1.14M |
|
|
AEL
2100
DELISTED
American Equity Investment Life Holding Company
AEL
| $1.17M | ﹤0.01% |
47,561
-56,566
| -54% | -$1.31M |
|
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.