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 | |
|---|---|---|---|---|---|---|
276
Prologis
PLD
$136B
| $33.7M | 0.09% |
894,247
+754,886
| +542% | +$30.6M |
|
277
Nucor
NUE
$58.5B
| $33.7M | 0.09% |
621,032
+357,879
| +136% | +$18.9M |
|
278
PUT
Vertex Pharmaceuticals
VRTX
$122B
| $33.7M | 0.09% |
300,000
-237,500
| -44% | -$22.6M |
|
|
OCR
279
DELISTED
OMNICARE INC
OCR
| $33.7M | 0.09% |
540,798
-86,232
| -14% | -$5.48M |
|
|
ALXN
280
DELISTED
Alexion Pharmaceuticals
ALXN
| $33.5M | 0.08% |
202,166
-725,534
| -78% | -$119M |
|
|
SLH
281
DELISTED
SOLERA HOLDINGS, INC. COM
SLH
| $33.2M | 0.08% |
588,390
+209,580
| +55% | +$13.3M |
|
|
PAY
282
DELISTED
Verifone Systems Inc
PAY
| $33.1M | 0.08% |
963,930
+590,053
| +158% | +$20.8M |
|
283
Ryder
R
$9.9B
| $33.1M | 0.08% |
367,797
+70,935
| +24% | +$6.36M |
|
|
DYAX
284
DELISTED
DYAX CORPORATION
DYAX
| $33M | 0.08% |
3,263,401
+83,839
| +3% | +$812K |
|
|
MHR
285
DELISTED
MAGNUM HUNTER RESOURCES CORP (DEL)
MHR
| $32.9M | 0.08% |
5,911,275
-868,327
| -13% | -$5.75M |
|
286
GSK
GSK
$104B
| $32.9M | 0.08% |
572,119
+167,627
| +41% | +$10.3M |
|
|
DRC
287
DELISTED
DRESSER-RAND GROUP INC
DRC
| $32.8M | 0.08% |
+398,854
| New | +$26.8M |
|
|
SFR
288
DELISTED
Starwood Waypoint Homes
SFR
| $32.8M | 0.08% |
1,259,354
+135,784
| +12% | +$3.62M |
|
289
Trane Technologies
TT
$97.3B
| $32.8M | 0.08% |
581,104
+490,842
| +544% | +$29.7M |
|
|
HR
290
DELISTED
Healthcare Realty Trust Incorporated
HR
| $32.7M | 0.08% |
1,382,267
+183,028
| +15% | +$4.53M |
|
|
CHK
291
DELISTED
Chesapeake Energy Corporation
CHK
| $32.7M | 0.08% |
7,118
+161
| +2% | +$848K |
|
292
Suncor Energy
SU
$78.8B
| $32.6M | 0.08% |
901,010
+422,563
| +88% | +$17M |
|
293
Evercore
EVR
$12.1B
| $32.5M | 0.08% |
692,302
+345,738
| +100% | +$17.9M |
|
|
ASRT
294
DELISTED
Assertio
ASRT
| $32.5M | 0.08% |
35,657
+17,979
| +102% | +$14.4M |
|
|
CNQR
295
CALL
DELISTED
CONCUR TECHNOLOGIES INC
CNQR
| $32.1M | 0.08% |
+253,500
| New | +$25.7M |
|
296
Carnival Corporation Ltd
CCL
$38B
| $32.1M | 0.08% |
798,248
+778,101
| +3,862% | +$29.5M |
|
297
AvalonBay Communities
AVB
$26.8B
| $31.9M | 0.08% |
226,312
-15,550
| -6% | -$2.31M |
|
|
BWLD
298
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $31.8M | 0.08% |
236,699
+232,855
| +6,058% | +$34.4M |
|
299
Webster Financial
WBS
$12.5B
| $31.6M | 0.08% |
1,083,891
-99,303
| -8% | -$2.95M |
|
300
Viatris
VTRS
$20.7B
| $31.6M | 0.08% |
694,177
-576,664
| -45% | -$28M |
|
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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.