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 | |
|---|---|---|---|---|---|---|
2851
CALL
Conagra Brands
CAG
$6.94B
| $406K | ﹤0.01% |
+15,806
| New | +$389K |
|
|
TRST
2852
Trustco Bank Corp NY
TRST
$970M
| $406K | ﹤0.01% |
12,601
+5,095
| +68% | +$172K |
|
|
ASEI
2853
DELISTED
AMER SCIENCE & ENGR INC.
ASEI
| $406K | ﹤0.01% |
7,339
-911
| -11% | -$55.9K |
|
2854
iShares US Transportation ETF
IYT
$2.26B
| $405K | ﹤0.01% |
10,748
+4,180
| +64% | +$157K |
|
2855
CALL
Colgate-Palmolive
CL
$73.1B
| $404K | ﹤0.01% |
+6,200
| New | +$409K |
|
2856
PUT
W.W. Grainger
GWW
$65.3B
| $403K | ﹤0.01% |
1,600
-400
| -20% | -$98.1K |
|
|
POZN
2857
DELISTED
POZEN INC
POZN
| $403K | ﹤0.01% |
+54,939
| New | +$442K |
|
2858
ESCO Technologies
ESE
$8.17B
| $401K | ﹤0.01% |
11,540
-135,454
| -92% | -$4.71M |
|
2859
Columbia Banking Systems
COLB
$8.84B
| $400K | ﹤0.01% |
+16,103
| New | +$416K |
|
|
IQNT
2860
DELISTED
Inteliquent, Inc.
IQNT
| $400K | ﹤0.01% |
32,143
+6,777
| +27% | +$83.6K |
|
2861
CALL
Silicon Laboratories
SLAB
$7.17B
| $398K | ﹤0.01% |
+9,800
| New | +$431K |
|
|
UBA
2862
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $398K | ﹤0.01% |
19,630
-312,674
| -94% | -$6.54M |
|
2863
PUT
SAP
SAP
$212B
| $397K | ﹤0.01% |
+5,500
| New | +$427K |
|
2864
Sasol
SSL
$7.5B
| $397K | ﹤0.01% |
7,290
-1,079
| -13% | -$62.5K |
|
2865
Unisys
UIS
$209M
| $397K | ﹤0.01% |
16,942
-86,645
| -84% | -$1.99M |
|
2866
PUT
VeriSign
VRSN
$26.2B
| $397K | ﹤0.01% |
+7,200
| New | +$389K |
|
|
SIMG
2867
DELISTED
SILICON IMAGE INC
SIMG
| $397K | ﹤0.01% |
78,813
-129,287
| -62% | -$644K |
|
2868
OneMain Financial
OMF
$7.2B
| $395K | ﹤0.01% |
+12,371
| New | +$375K |
|
|
HIL
2869
DELISTED
Hill International, Inc. Common Stock
HIL
| $395K | ﹤0.01% |
98,848
+61,320
| +163% | +$298K |
|
2870
PUT
Popular Inc
BPOP
$11.2B
| $394K | ﹤0.01% |
13,400
-3,300
| -20% | -$105K |
|
2871
Compañía de Cervecerías Unidas
CCU
$2.12B
| $394K | ﹤0.01% |
17,894
-69,117
| -79% | -$1.54M |
|
|
DBD
2872
DELISTED
Diebold Nixdorf Incorporated
DBD
| $394K | ﹤0.01% |
11,162
-15,834
| -59% | -$597K |
|
|
IBKC
2873
DELISTED
IBERIABANK Corp
IBKC
| $394K | ﹤0.01% |
+6,299
| New | +$416K |
|
2874
CALL
MetLife
MET
$61.9B
| $392K | ﹤0.01% |
8,191
-8,415
| -51% | -$409K |
|
2875
TriCo Bancshares
TCBK
$1.84B
| $392K | ﹤0.01% |
17,320
+7,576
| +78% | +$174K |
|
Similar funds
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.