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 | |
|---|---|---|---|---|---|---|
|
NPBC
2301
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $815K | ﹤0.01% |
77,058
-504,847
| -87% | -$5.19M |
|
2302
CALL
Cooper Companies
COO
$14B
| $813K | ﹤0.01% |
24,000
+18,000
| +300% | +$595K |
|
2303
Capital Southwest
CSWC
$1.48B
| $808K | ﹤0.01% |
+61,094
| New | +$789K |
|
2304
Gentherm
THRM
$1.29B
| $808K | ﹤0.01% |
18,186
-53,335
| -75% | -$2.1M |
|
2305
iShares MSCI Mexico ETF
EWW
$1.93B
| $807K | ﹤0.01% |
11,900
-41,747
| -78% | -$2.75M |
|
|
NSR
2306
DELISTED
Neustar Inc
NSR
| $807K | ﹤0.01% |
31,021
-251,412
| -89% | -$6.83M |
|
|
KBIO
2307
DELISTED
KALOBIOS PHARMACEUTICALS INC COM STK NEW (DE)
KBIO
| $803K | ﹤0.01% |
44,025
-15,507
| -26% | -$265K |
|
2308
Columbus McKinnon
CMCO
$473M
| $802K | ﹤0.01% |
+29,664
| New | +$812K |
|
|
KYTH
2309
DELISTED
KYTHERA BIOPHARMACEUTICALS, INC COM
KYTH
| $801K | ﹤0.01% |
20,888
-6,512
| -24% | -$227K |
|
2310
PUT
Ciena
CIEN
$49B
| $799K | ﹤0.01% |
36,900
-4,500
| -11% | -$92.4K |
|
|
HGT
2311
DELISTED
Hugoton Royalty Trust
HGT
| $799K | ﹤0.01% |
72,724
+26,367
| +57% | +$269K |
|
2312
PUT
Johnson & Johnson
JNJ
$646B
| $798K | ﹤0.01% |
8,600
-2,100
| -20% | -$212K |
|
2313
Mizuho Financial
MFG
$123B
| $798K | ﹤0.01% |
+194,064
| New | +$770K |
|
|
MGI
2314
DELISTED
MoneyGram International, Inc. New
MGI
| $797K | ﹤0.01% |
54,128
-56,949
| -51% | -$824K |
|
|
ARPI
2315
DELISTED
AMERICAN RESIDENTIAL PPTYS INC COM
ARPI
| $794K | ﹤0.01% |
+42,342
| New | +$769K |
|
|
EARN
2316
Ellington Residential Mortgage REIT
EARN
$167M
| $791K | ﹤0.01% |
46,462
+29,178
| +169% | +$495K |
|
|
THR
2317
DELISTED
Thermon Group Holdings
THR
| $789K | ﹤0.01% |
29,965
-59,596
| -67% | -$1.46M |
|
|
EOCC
2318
DELISTED
Enel Generacion Chile S.A.
EOCC
| $789K | ﹤0.01% |
25,215
-33,300
| -57% | -$1.02M |
|
2319
Cheesecake Factory
CAKE
$4.39B
| $788K | ﹤0.01% |
16,979
-130,775
| -89% | -$6.03M |
|
2320
Kinder Morgan
KMI
$70.6B
| $787K | ﹤0.01% |
21,705
-51,326
| -70% | -$1.73M |
|
|
XLRN
2321
DELISTED
Acceleron Pharma
XLRN
| $783K | ﹤0.01% |
+23,051
| New | +$771K |
|
2322
Apyx Medical
APYX
$161M
| $780K | ﹤0.01% |
+215,000
| New | +$869K |
|
2323
Winnebago Industries
WGO
$909M
| $778K | ﹤0.01% |
30,889
-49,216
| -61% | -$1.21M |
|
2324
Vanguard Total Bond Market
BND
$158B
| $774K | ﹤0.01% |
9,419
+936
| +11% | +$76.5K |
|
2325
Griffon
GFF
$4.26B
| $773K | ﹤0.01% |
62,365
+41,627
| +201% | +$481K |
|
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.