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 | |
|---|---|---|---|---|---|---|
|
CB
3151
CALL
DELISTED
CHUBB CORPORATION
CB
| $273K | ﹤0.01% |
3,000
+800
| +36% | +$72.9K |
|
3152
Adtran
ADTN
$689M
| $272K | ﹤0.01% |
+13,244
| New | +$296K |
|
3153
Credit Acceptance
CACC
$5.95B
| $272K | ﹤0.01% |
+2,157
| New | +$264K |
|
3154
CALL
Expedia Group
EXPE
$35.4B
| $272K | ﹤0.01% |
+3,100
| New | +$260K |
|
3155
Enpro
NPO
$6.63B
| $272K | ﹤0.01% |
4,500
-54,329
| -92% | -$3.7M |
|
3156
CALL
RPC Inc
RES
$1.24B
| $272K | ﹤0.01% |
+12,400
| New | +$278K |
|
3157
Waterstone Financial
WSBF
$370M
| $272K | ﹤0.01% |
+23,533
| New | +$269K |
|
|
MWV
3158
PUT
DELISTED
MEADWESTVACO CORP
MWV
| $270K | ﹤0.01% |
+6,600
| New | +$282K |
|
3159
Fortress Biotech
FBIO
$104M
| $269K | ﹤0.01% |
8,542
-2,827
| -25% | -$75.1K |
|
3160
CALL
Viatris
VTRS
$20.4B
| $268K | ﹤0.01% |
+5,900
| New | +$287K |
|
|
EZCH
3161
DELISTED
EZCHIP SEMICONDUCTOR LIMITED ORD SHS (IL)
EZCH
| $268K | ﹤0.01% |
11,097
-23,600
| -68% | -$601K |
|
3162
CALL
Burlington
BURL
$23.2B
| $267K | ﹤0.01% |
+6,700
| New | +$231K |
|
3163
CALL
Chipotle Mexican Grill
CMG
$47.2B
| $267K | ﹤0.01% |
+20,000
| New | +$262K |
|
|
3164
PUT
Chipotle Mexican Grill
CMG
$47.2B
| $267K | ﹤0.01% |
+20,000
| New | +$262K |
|
3165
First Solar
FSLR
$22.7B
| $267K | ﹤0.01% |
+4,050
| New | +$274K |
|
|
ENDP
3166
CALL
DELISTED
Endo International plc
ENDP
| $267K | ﹤0.01% |
3,900
-8,000
| -67% | -$527K |
|
3167
Arbutus Biopharma
ABUS
$857M
| $266K | ﹤0.01% |
12,600
-130,226
| -91% | -$2.13M |
|
3168
Consumer Portfolio Services
CPSS
$202M
| $266K | ﹤0.01% |
41,518
-391,075
| -90% | -$2.82M |
|
3169
PUT
Danaher
DHR
$137B
| $266K | ﹤0.01% |
+5,207
| New | +$268K |
|
3170
PUT
Motorola Solutions
MSI
$72.3B
| $266K | ﹤0.01% |
+4,200
| New | +$264K |
|
|
OLP
3171
One Liberty Properties
OLP
$530M
| $266K | ﹤0.01% |
13,136
+2,596
| +25% | +$55.1K |
|
|
WX
3172
PUT
DELISTED
WUXI PHARMATECH, CAYMAN INC REPSTG 8 ORD SHS
WX
| $266K | ﹤0.01% |
+7,600
| New | +$261K |
|
3173
Goldgroup Mining Inc.
GORO
$157M
| $265K | ﹤0.01% |
51,786
+21,855
| +73% | +$120K |
|
3174
PUT
Johnson & Johnson
JNJ
$618B
| $265K | ﹤0.01% |
2,600
-6,000
| -70% | -$622K |
|
3175
CALL
JPMorgan Chase
JPM
$935B
| $265K | ﹤0.01% |
4,400
+200
| +5% | +$11.7K |
|
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.