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 | |
|---|---|---|---|---|---|---|
|
EZCH
2251
DELISTED
EZCHIP SEMICONDUCTOR LIMITED ORD SHS (IL)
EZCH
| $894K | ﹤0.01% |
34,697
+9,533
| +38% | +$236K |
|
|
NBG
2252
DELISTED
NATIONAL BANK OF GREECE SA ADR REPSTG 1 SHARE (NEW)
NBG
| $890K | ﹤0.01% |
241,781
-32,610
| -12% | -$131K |
|
|
CELGZ
2253
DELISTED
Celgene Corporation Contingent Value Rights
CELGZ
| $887K | ﹤0.01% |
341,018
-32,300
| -9% | -$89.4K |
|
|
CRDC
2254
DELISTED
CARDICA INC COM NEW (DE)
CRDC
| $884K | ﹤0.01% |
+77,500
| New | +$786K |
|
2255
Clearwater Paper
CLW
$282M
| $883K | ﹤0.01% |
14,309
-5,097
| -26% | -$318K |
|
2256
CALL
Iron Mountain
IRM
$37.4B
| $883K | ﹤0.01% |
+26,942
| New | +$731K |
|
|
PCOM
2257
DELISTED
Points.com Inc. Common Shares
PCOM
| $883K | ﹤0.01% |
38,950
+5,130
| +15% | +$122K |
|
|
OKS
2258
DELISTED
Oneok Partners LP
OKS
| $879K | ﹤0.01% |
15,003
-119,997
| -89% | -$6.69M |
|
|
CEO
2259
CALL
DELISTED
CNOOC Limited
CEO
| $879K | ﹤0.01% |
+4,900
| New | +$829K |
|
2260
Banco Macro
BMA
$5.81B
| $878K | ﹤0.01% |
24,360
+16,427
| +207% | +$526K |
|
|
PBT
2261
Permian Basin Royalty Trust
PBT
$1.31B
| $877K | ﹤0.01% |
61,560
+22,060
| +56% | +$306K |
|
|
ALIM
2262
DELISTED
Alimera Sciences
ALIM
| $874K | ﹤0.01% |
9,738
-5,507
| -36% | -$489K |
|
|
BMR
2263
DELISTED
BIOMED REALTY TRUST INC
BMR
| $873K | ﹤0.01% |
40,006
-1,571,576
| -98% | -$33.4M |
|
2264
CALL
Vail Resorts
MTN
$5.6B
| $872K | ﹤0.01% |
11,300
-9,800
| -46% | -$688K |
|
2265
InterContinental Hotels
IHG
$23.9B
| $871K | ﹤0.01% |
14,677
-28,114
| -66% | -$1.47M |
|
|
ARIA
2266
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $871K | ﹤0.01% |
136,800
-113,800
| -45% | -$783K |
|
2267
KRONOS Worldwide
KRO
$712M
| $868K | ﹤0.01% |
55,398
+23,176
| +72% | +$358K |
|
|
PLXT
2268
DELISTED
PLX TECHNOLOGY INC
PLXT
| $868K | ﹤0.01% |
134,143
+71,514
| +114% | +$429K |
|
2269
Avient
AVNT
$3.41B
| $867K | ﹤0.01% |
20,564
-69,318
| -77% | -$2.71M |
|
2270
ProShares UltraShort QQQ
QID
$293M
| $865K | ﹤0.01% |
+216
| New | +$968K |
|
|
IMPV
2271
DELISTED
Imperva, Inc.
IMPV
| $862K | ﹤0.01% |
32,932
-50,500
| -61% | -$1.3M |
|
2272
State Street SPDR S&P Dividend ETF
SDY
$22.3B
| $859K | ﹤0.01% |
+11,220
| New | +$841K |
|
2273
CALL
Factset
FDS
$10.1B
| $854K | ﹤0.01% |
7,100
+3,700
| +109% | +$402K |
|
|
EXPR
2274
CALL
DELISTED
Express, Inc.
EXPR
| $852K | ﹤0.01% |
+2,500
| New | +$746K |
|
2275
Rollins
ROL
$18.8B
| $849K | ﹤0.01% |
95,513
-81,904
| -46% | -$736K |
|
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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.