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 | |
|---|---|---|---|---|---|---|
3276
ePlus
PLUS
$2.42B
| $234K | ﹤0.01% |
+16,728
| New | +$237K |
|
3277
CALL
Roper Technologies
ROP
$38.8B
| $234K | ﹤0.01% |
+1,600
| New | +$235K |
|
3278
CALL
BP
BP
$116B
| $233K | ﹤0.01% |
+6,479
| New | +$257K |
|
3279
CALL
AB InBev
BUD
$170B
| $233K | ﹤0.01% |
+2,100
| New | +$235K |
|
3280
PUT
Deckers Outdoor
DECK
$13.2B
| $233K | ﹤0.01% |
+14,400
| New | +$220K |
|
3281
CALL
SL Green Realty
SLG
$3.76B
| $233K | ﹤0.01% |
+2,376
| New | +$249K |
|
3282
PUT
United Rentals
URI
$67.2B
| $233K | ﹤0.01% |
+2,100
| New | +$236K |
|
|
CAI
3283
DELISTED
CAI International, Inc.
CAI
| $233K | ﹤0.01% |
12,055
-55,142
| -82% | -$1.11M |
|
|
KIN
3284
DELISTED
Kindred Biosciences, Inc.
KIN
| $233K | ﹤0.01% |
+25,175
| New | +$340K |
|
3285
CALL
Cal-Maine
CALM
$4.12B
| $232K | ﹤0.01% |
+5,200
| New | +$206K |
|
|
EMWP
3286
DELISTED
Eros Media World PLC
EMWP
| $232K | ﹤0.01% |
+795
| New | +$244K |
|
|
CERN
3287
PUT
DELISTED
Cerner Corp
CERN
| $232K | ﹤0.01% |
+3,900
| New | +$219K |
|
|
AT
3288
DELISTED
Atlantic Power Corporation
AT
| $232K | ﹤0.01% |
+97,293
| New | +$352K |
|
|
ARG
3289
PUT
DELISTED
Airgas Inc
ARG
| $232K | ﹤0.01% |
+2,100
| New | +$231K |
|
3290
Enterprise Financial Services Corp
EFSC
$2.4B
| $231K | ﹤0.01% |
+13,800
| New | +$242K |
|
3291
CALL
Molson Coors Class B
TAP
$7.79B
| $231K | ﹤0.01% |
3,100
-6,900
| -69% | -$504K |
|
3292
CALL
Veeva Systems
VEEV
$33.1B
| $231K | ﹤0.01% |
8,200
-5,900
| -42% | -$152K |
|
|
MRSH
3293
PUT
Marsh
MRSH
$90.5B
| $230K | ﹤0.01% |
+4,400
| New | +$229K |
|
3294
CALL
Oracle
ORCL
$374B
| $230K | ﹤0.01% |
6,000
-4,200
| -41% | -$170K |
|
3295
PUT
Oshkosh
OSK
$8.79B
| $230K | ﹤0.01% |
+5,200
| New | +$259K |
|
|
BPZ
3296
DELISTED
BPZ RESOURCES INC COM STK
BPZ
| $230K | ﹤0.01% |
120,479
-70,470
| -37% | -$179K |
|
3297
CALL
Criteo S.A. Ordinary Shares
CRTO
$1.1B
| $229K | ﹤0.01% |
+6,800
| New | +$222K |
|
|
3298
PUT
Criteo S.A. Ordinary Shares
CRTO
$1.1B
| $229K | ﹤0.01% |
+6,800
| New | +$222K |
|
3299
PUT
Illumina
ILMN
$31B
| $229K | ﹤0.01% |
+1,439
| New | +$241K |
|
3300
MKS Inc
MKSI
$20.1B
| $229K | ﹤0.01% |
6,856
-5,425
| -44% | -$178K |
|
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.