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 |
MRO
Marathon Oil Corporation
MRO
|
+$180M |
| 2 |
BHI
Baker Hughes
BHI
|
+$173M |
| 3 |
Dominion Energy
D
|
+$161M |
| 4 |
Kinder Morgan
KMI
|
+$155M |
| 5 |
Marathon Petroleum
MPC
|
+$154M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FRX
FOREST LABORATORIES INC
FRX
|
+$177M |
| 2 |
SLB Ltd
SLB
|
+$121M |
| 3 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$119M |
| 4 |
PepsiCo
PEP
|
+$110M |
| 5 |
Mastercard
MA
|
+$104M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 13.03% |
| 2 | Healthcare | 11.97% |
| 3 | Financials | 8.32% |
| 4 | Utilities | 7.31% |
| 5 | Consumer Discretionary | 7.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Ziff Davis
ZD
$1.99B
| $718K | ﹤0.01% |
16,738
+11,926
| +248% | +$529K |
|
|
HNGR
2502
DELISTED
Hanger Inc.
HNGR
| $718K | ﹤0.01% |
+35,000
| New | +$893K |
|
2503
MSCI
MSCI
$41.8B
| $717K | ﹤0.01% |
15,253
-125,030
| -89% | -$5.78M |
|
|
TLMR
2504
DELISTED
TALMER BANCORP INC (MI)
TLMR
| $717K | ﹤0.01% |
51,863
+13,761
| +36% | +$194K |
|
|
HOLI
2505
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $714K | ﹤0.01% |
31,760
+21,498
| +209% | +$483K |
|
|
EPIQ
2506
DELISTED
EPIQ SYSTEMS INC
EPIQ
| $712K | ﹤0.01% |
40,520
+2,091
| +5% | +$31.1K |
|
2507
CALL
Vail Resorts
MTN
$5.32B
| $711K | ﹤0.01% |
8,200
-3,100
| -27% | -$246K |
|
2508
California Water Service
CWT
$3.05B
| $710K | ﹤0.01% |
+31,624
| New | +$744K |
|
|
CQB
2509
DELISTED
CHIQUITA BRANDS INTL (NEW)
CQB
| $710K | ﹤0.01% |
50,000
-83,676
| -63% | -$1.03M |
|
2510
Autohome
ATHM
$2.68B
| $707K | ﹤0.01% |
16,822
-74,941
| -82% | -$3.1M |
|
|
XXIA
2511
DELISTED
Ixia
XXIA
| $707K | ﹤0.01% |
77,397
+25,638
| +50% | +$257K |
|
2512
Natural Gas Services Group
NGS
$468M
| $706K | ﹤0.01% |
+29,347
| New | +$857K |
|
2513
Horace Mann Educators
HMN
$2.09B
| $705K | ﹤0.01% |
+24,738
| New | +$728K |
|
2514
Cytokinetics
CYTK
$10.4B
| $704K | ﹤0.01% |
+200,000
| New | +$840K |
|
|
ACET
2515
DELISTED
Aceto Corp
ACET
| $704K | ﹤0.01% |
+36,439
| New | +$685K |
|
|
GAS
2516
DELISTED
AGL Resources Inc
GAS
| $704K | ﹤0.01% |
13,707
-35,384
| -72% | -$1.87M |
|
2517
Leidos
LDOS
$14.9B
| $701K | ﹤0.01% |
20,432
-36,615
| -64% | -$1.35M |
|
2518
Community Trust Bancorp
CTBI
$1.43B
| $700K | ﹤0.01% |
20,816
-12,802
| -38% | -$447K |
|
2519
PUT
HF Sinclair
DINO
$15.8B
| $699K | ﹤0.01% |
16,000
| – | – |
|
2520
Curtiss-Wright
CW
$27.6B
| $696K | ﹤0.01% |
10,564
-16,684
| -61% | -$1.12M |
|
|
ESI
2521
DELISTED
ITT EDUCATIONAL SERVICES INC
ESI
| $694K | ﹤0.01% |
161,681
+120,808
| +296% | +$1.25M |
|
|
GLOG
2522
PUT
DELISTED
GASLOG LTD
GLOG
| $693K | ﹤0.01% |
31,500
+24,700
| +363% | +$636K |
|
2523
NBT Bancorp
NBTB
$2.75B
| $690K | ﹤0.01% |
30,655
+9,790
| +47% | +$232K |
|
2524
United Microelectronic
UMC
$46.9B
| $689K | ﹤0.01% |
+346,224
| New | +$777K |
|
2525
Apyx Medical
APYX
$176M
| $688K | ﹤0.01% |
172,500
-42,500
| -20% | -$173K |
|
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Millennium Management's Q3 2014 Portfolio in Review
As of Q3 2014, Millennium Management held 4,400 positions worth $39.5B, up 9.5% from $36.1B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Millennium Management deployed $4.94B of net new capital in Q3 2014, opening 1,066 new positions and adding to 1,336 existing holdings. Its largest new stake was St Jude Medical: 1,407,737 shares worth $84.6M.
By sector, the portfolio is most concentrated in Energy at 13% of assets, down from 13% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was SLB Ltd, an estimated $121M trimmed.
- Millennium Management's largest Q3 2014 buy was St Jude Medical: 1,407,737 shares worth $84.6M.
- Millennium Management added most to Marathon Oil Corporation in Q3 2014, an estimated $180M increase.
- Millennium Management's biggest Q3 2014 reduction was SLB Ltd, cutting an estimated $121M.
- Millennium Management fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $177M.
- Millennium Management's ten largest holdings make up 11% of its $39.5B portfolio in Q3 2014.
- Millennium Management opened 1,066 new positions and closed 749 in Q3 2014.
- Millennium Management's portfolio value rose 9.5% quarter-over-quarter to $39.5B.
Based on Millennium Management's 13F filing for Q3 2014, filed 14 Nov 2014.