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 | |
|---|---|---|---|---|---|---|
|
PTRY
2351
DELISTED
PANTRY INC (THE)
PTRY
| $750K | ﹤0.01% |
+46,287
| New | +$720K |
|
2352
PUT
Cracker Barrel
CBRL
$1.17B
| $747K | ﹤0.01% |
7,500
+4,800
| +178% | +$470K |
|
2353
PUT
AutoNation
AN
$7.27B
| $746K | ﹤0.01% |
12,500
-15,700
| -56% | -$869K |
|
2354
PUT
J.M. Smucker
SJM
$13.3B
| $746K | ﹤0.01% |
7,000
+4,800
| +218% | +$482K |
|
|
AENZ
2355
DELISTED
Aenza S.A.A.
AENZ
| $743K | ﹤0.01% |
+13,721
| New | +$702K |
|
2356
CALL
Molson Coors Class B
TAP
$7.94B
| $742K | ﹤0.01% |
+10,000
| New | +$644K |
|
2357
Enovis
ENOV
$1.69B
| $741K | ﹤0.01% |
5,775
-859
| -13% | -$107K |
|
|
ATNY
2358
DELISTED
API TECHNOLOGIES CORP. COMMON STOCK
ATNY
| $741K | ﹤0.01% |
270,430
+18,796
| +7% | +$48.4K |
|
2359
W.R. Berkley
WRB
$28.5B
| $740K | ﹤0.01% |
53,936
-597,503
| -92% | -$7.77M |
|
|
PRKR
2360
CALL
DELISTED
Parkervision Inc
PRKR
| $740K | ﹤0.01% |
+50,000
| New | +$2.23M |
|
|
AKS
2361
DELISTED
AK Steel Holding Corp
AKS
| $738K | ﹤0.01% |
92,730
-460,784
| -83% | -$3.18M |
|
|
COWN
2362
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $735K | ﹤0.01% |
43,548
-26,729
| -38% | -$441K |
|
2363
Coca-Cola Consolidated
COKE
$13B
| $733K | ﹤0.01% |
99,450
+31,980
| +47% | +$250K |
|
2364
CorVel
CRVL
$3.15B
| $733K | ﹤0.01% |
48,693
+31,269
| +179% | +$487K |
|
2365
PUT
Oracle
ORCL
$347B
| $730K | ﹤0.01% |
18,000
+4,100
| +29% | +$169K |
|
2366
Mitsubishi UFJ Financial
MUFG
$253B
| $729K | ﹤0.01% |
118,521
-87,883
| -43% | -$497K |
|
2367
Xylem
XYL
$29.6B
| $729K | ﹤0.01% |
18,657
-428,318
| -96% | -$16M |
|
2368
Arrow Electronics
ARW
$10.6B
| $728K | ﹤0.01% |
12,057
-1,899
| -14% | -$111K |
|
2369
Kadant
KAI
$3.74B
| $728K | ﹤0.01% |
18,935
-3,842
| -17% | -$142K |
|
|
TARO
2370
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $728K | ﹤0.01% |
+5,190
| New | +$576K |
|
2371
Golub Capital BDC
GBDC
$3.37B
| $726K | ﹤0.01% |
41,870
+20,170
| +93% | +$336K |
|
2372
Primerica
PRI
$10.1B
| $725K | ﹤0.01% |
15,144
-34,520
| -70% | -$1.58M |
|
|
ACGN
2373
CALL
DELISTED
Aceragen Inc
ACGN
| $725K | ﹤0.01% |
+1,840
| New | +$759K |
|
|
AMWD
2374
DELISTED
American Woodmark
AMWD
| $724K | ﹤0.01% |
+22,729
| New | +$694K |
|
|
VWTR
2375
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $720K | ﹤0.01% |
+30,289
| New | +$708K |
|
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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.