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 | |
|---|---|---|---|---|---|---|
2326
Invesco Senior Loan ETF
BKLN
$6.97B
| $772K | ﹤0.01% |
+31,058
| New | +$770K |
|
|
CONN
2327
PUT
DELISTED
Conn's Inc.
CONN
| $770K | ﹤0.01% |
15,600
-20,600
| -57% | -$911K |
|
|
GCVRZ
2328
DELISTED
Sanofi Contingent Value Rights
GCVRZ
| $769K | ﹤0.01% |
1,537,206
-1,306,914
| -46% | -$632K |
|
2329
Central Pacific Financial
CPF
$1.02B
| $767K | ﹤0.01% |
38,635
-93,355
| -71% | -$1.8M |
|
2330
Regis Corp
RGS
$68.2M
| $767K | ﹤0.01% |
2,723
-536
| -16% | -$145K |
|
2331
PUT
AT&T
T
$169B
| $767K | ﹤0.01% |
28,731
+8,871
| +45% | +$238K |
|
|
CASC
2332
DELISTED
Cascadian Therapeutics, Inc.
CASC
| $767K | ﹤0.01% |
39,444
-9,961
| -20% | -$176K |
|
|
BHI
2333
CALL
DELISTED
Baker Hughes
BHI
| $767K | ﹤0.01% |
10,300
-203,600
| -95% | -$14.2M |
|
|
XCRA
2334
DELISTED
Xcerra Corporation
XCRA
| $765K | ﹤0.01% |
84,049
-6,979
| -8% | -$64.2K |
|
|
BIND
2335
DELISTED
BIND THERAPEUTICS INC
BIND
| $764K | ﹤0.01% |
57,989
-57,204
| -50% | -$560K |
|
|
HERO
2336
DELISTED
HERCULES OFFSHORE INC COM STK
HERO
| $763K | ﹤0.01% |
189,680
+108,077
| +132% | +$483K |
|
2337
Citi Trends
CTRN
$559M
| $761K | ﹤0.01% |
+35,455
| New | +$661K |
|
2338
MGE Energy Inc
MGEE
$3.09B
| $760K | ﹤0.01% |
19,247
-11,571
| -38% | -$441K |
|
2339
Carnival Corporation Ltd
CCL
$38.7B
| $759K | ﹤0.01% |
20,147
-293,792
| -94% | -$11.4M |
|
2340
Blackbaud
BLKB
$1.65B
| $758K | ﹤0.01% |
21,209
-67,272
| -76% | -$2.24M |
|
2341
Universal Insurance Holdings
UVE
$1.23B
| $758K | ﹤0.01% |
58,432
+2,659
| +5% | +$35K |
|
2342
Silicon Laboratories
SLAB
$7.17B
| $757K | ﹤0.01% |
15,377
-97,767
| -86% | -$4.65M |
|
2343
UNIFI
UFI
$121M
| $757K | ﹤0.01% |
+27,483
| New | +$647K |
|
|
ECHO
2344
DELISTED
Echo Global Logistics, Inc.
ECHO
| $757K | ﹤0.01% |
+39,496
| New | +$724K |
|
2345
Douglas Dynamics
PLOW
$1.04B
| $756K | ﹤0.01% |
42,928
-61,608
| -59% | -$1.07M |
|
2346
iShares MSCI Japan ETF
EWJ
$21.3B
| $754K | ﹤0.01% |
15,648
-153,308
| -91% | -$7M |
|
|
JBTM
2347
JBT Marel
JBTM
$7.59B
| $754K | ﹤0.01% |
24,325
+17,425
| +253% | +$518K |
|
|
HA
2348
DELISTED
Hawaiian Holdings, Inc.
HA
| $753K | ﹤0.01% |
54,917
-50,075
| -48% | -$723K |
|
2349
PennantPark Floating Rate Capital
PFLT
$705M
| $751K | ﹤0.01% |
52,546
-208,269
| -80% | -$2.88M |
|
|
AGTC
2350
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $750K | ﹤0.01% |
+32,468
| New | +$572K |
|
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.