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 | |
|---|---|---|---|---|---|---|
2926
Harmonic Inc
HLIT
$1.25B
| $364K | ﹤0.01% |
57,458
-149,662
| -72% | -$969K |
|
2927
CALL
Lamar Advertising Co
LAMR
$16.2B
| $364K | ﹤0.01% |
7,400
-14,400
| -66% | -$742K |
|
2928
Rogers Communications
RCI
$18.3B
| $364K | ﹤0.01% |
9,731
-18,063
| -65% | -$716K |
|
|
HRC
2929
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $364K | ﹤0.01% |
8,793
-39,147
| -82% | -$1.64M |
|
2930
PUT
Align Technology
ALGN
$12.1B
| $362K | ﹤0.01% |
+7,000
| New | +$381K |
|
2931
CALL
Halliburton
HAL
$26.9B
| $361K | ﹤0.01% |
+5,600
| New | +$384K |
|
|
MRO
2932
CALL
DELISTED
Marathon Oil Corporation
MRO
| $361K | ﹤0.01% |
9,600
-152,800
| -94% | -$6.06M |
|
2933
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $360K | ﹤0.01% |
3,192
-575
| -15% | -$65.9K |
|
2934
PUT
Western Digital
WDC
$188B
| $360K | ﹤0.01% |
+4,895
| New | +$368K |
|
|
DTLK
2935
DELISTED
Datalink Corp
DTLK
| $360K | ﹤0.01% |
+33,855
| New | +$380K |
|
|
AD
2936
Array Digital Infrastructure
AD
$3.01B
| $359K | ﹤0.01% |
+10,121
| New | +$385K |
|
|
HES
2937
CALL
DELISTED
Hess
HES
| $358K | ﹤0.01% |
+3,800
| New | +$376K |
|
2938
CALL
Novartis
NVS
$297B
| $358K | ﹤0.01% |
4,241
-558
| -12% | -$45.1K |
|
|
CIT
2939
CALL
DELISTED
CIT Group Inc.
CIT
| $358K | ﹤0.01% |
+7,800
| New | +$369K |
|
2940
St. Joe Company
JOE
$3.54B
| $357K | ﹤0.01% |
17,899
-227,384
| -93% | -$5.1M |
|
2941
PennantPark Floating Rate Capital
PFLT
$689M
| $357K | ﹤0.01% |
25,924
-26,622
| -51% | -$375K |
|
|
APOL
2942
CALL
DELISTED
Apollo Education Group Inc Class A
APOL
| $357K | ﹤0.01% |
+14,200
| New | +$395K |
|
2943
CALL
Johnson & Johnson
JNJ
$618B
| $356K | ﹤0.01% |
3,500
-2,900
| -45% | -$301K |
|
2944
CALL
FedEx
FDX
$72.7B
| $355K | ﹤0.01% |
2,200
-2,100
| -49% | -$319K |
|
2945
KNOT Offshore Partners
KNOP
$372M
| $355K | ﹤0.01% |
+14,200
| New | +$387K |
|
2946
Silicom
SILC
$229M
| $355K | ﹤0.01% |
12,169
-4,404
| -27% | -$137K |
|
|
WPRT
2947
Westport Fuel Systems
WPRT
$33.4M
| $355K | ﹤0.01% |
+3,376
| New | +$507K |
|
|
OB
2948
DELISTED
Onebeacon Insurance Group Ltd
OB
| $353K | ﹤0.01% |
22,885
-53,779
| -70% | -$845K |
|
2949
iShares US Technology ETF
IYW
$23.6B
| $352K | ﹤0.01% |
+13,960
| New | +$349K |
|
|
FPO
2950
DELISTED
First Potomac Realty Trust
FPO
| $352K | ﹤0.01% |
29,945
-96,494
| -76% | -$1.25M |
|
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.