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 | |
|---|---|---|---|---|---|---|
2451
Pearson
PSO
$10.3B
| $626K | ﹤0.01% |
+31,606
| New | +$591K |
|
2452
Quantum Corp
QMCO
$402M
| $625K | ﹤0.01% |
3,201
-1,097
| -26% | -$200K |
|
2453
PUT
Cheniere Energy
LNG
$53.4B
| $624K | ﹤0.01% |
8,700
-17,100
| -66% | -$1.04M |
|
2454
Mercury Systems
MRCY
$6.06B
| $624K | ﹤0.01% |
55,055
+42,885
| +352% | +$535K |
|
2455
Universal Display
OLED
$3.79B
| $622K | ﹤0.01% |
19,363
-26,514
| -58% | -$740K |
|
2456
PUT
GameStop
GME
$9.8B
| $619K | ﹤0.01% |
61,200
-23,600
| -28% | -$231K |
|
2457
Wolfspeed
WOLF
$1.15B
| $619K | ﹤0.01% |
12,392
-117,952
| -90% | -$5.86M |
|
2458
National CineMedia
NCMI
$367M
| $618K | ﹤0.01% |
3,531
+1,731
| +96% | +$275K |
|
|
RT
2459
DELISTED
Ruby Tuesday Georgia
RT
| $615K | ﹤0.01% |
+81,082
| New | +$599K |
|
2460
Kamada
KMDA
$400M
| $614K | ﹤0.01% |
+86,124
| New | +$958K |
|
|
GNCMA
2461
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $614K | ﹤0.01% |
+55,427
| New | +$606K |
|
|
WGL
2462
DELISTED
Wgl Holdings
WGL
| $611K | ﹤0.01% |
14,183
-15,447
| -52% | -$621K |
|
|
CIE
2463
PUT
DELISTED
Cobalt International Energy, Inc
CIE
| $611K | ﹤0.01% |
+2,220
| New | +$605K |
|
|
NATI
2464
DELISTED
National Instruments Corp
NATI
| $610K | ﹤0.01% |
18,820
-74,057
| -80% | -$2.13M |
|
|
ONIT
2465
Onity Group
ONIT
$342M
| $609K | ﹤0.01% |
1,095
-578
| -35% | -$314K |
|
|
KERX
2466
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $609K | ﹤0.01% |
39,565
+20,509
| +108% | +$291K |
|
|
LUX
2467
DELISTED
Luxottica Group
LUX
| $606K | ﹤0.01% |
10,456
-6,440
| -38% | -$365K |
|
2468
PUT
Tronox
TROX
$989M
| $605K | ﹤0.01% |
+22,500
| New | +$576K |
|
|
SKUL
2469
DELISTED
SKULLCANDY INC
SKUL
| $605K | ﹤0.01% |
83,481
-170,755
| -67% | -$1.34M |
|
|
AXLL
2470
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $605K | ﹤0.01% |
12,800
-96,633
| -88% | -$4.47M |
|
2471
Cadence Design Systems
CDNS
$94.1B
| $604K | ﹤0.01% |
34,556
-91,448
| -73% | -$1.46M |
|
|
IOC
2472
DELISTED
Interoil Corporation
IOC
| $603K | ﹤0.01% |
9,436
+4,752
| +101% | +$303K |
|
|
TLGT
2473
DELISTED
Teligent, Inc
TLGT
| $602K | ﹤0.01% |
+11,345
| New | +$580K |
|
2474
CALL
Crocs
CROX
$6.78B
| $601K | ﹤0.01% |
40,000
| – | – |
|
2475
Entravision Communication
EVC
$983M
| $600K | ﹤0.01% |
96,500
-11,427
| -11% | -$63.5K |
|
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.