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 | |
|---|---|---|---|---|---|---|
|
CHS
3301
PUT
DELISTED
Chicos FAS, Inc.
CHS
| $229K | ﹤0.01% |
+15,500
| New | +$245K |
|
3302
CALL
HP
HPQ
$24.9B
| $227K | ﹤0.01% |
14,093
-10,129
| -42% | -$164K |
|
3303
Gibraltar Industries
ROCK
$1.25B
| $227K | ﹤0.01% |
+16,564
| New | +$254K |
|
|
AET
3304
PUT
DELISTED
Aetna Inc
AET
| $227K | ﹤0.01% |
2,800
-200
| -7% | -$16.3K |
|
3305
CALL
Dollar General
DG
$28B
| $226K | ﹤0.01% |
+3,700
| New | +$221K |
|
|
FISV
3306
PUT
Fiserv Inc
FISV
$28.8B
| $226K | ﹤0.01% |
+7,000
| New | +$221K |
|
3307
PUT
Itaú Unibanco
ITUB
$93.2B
| $226K | ﹤0.01% |
+40,659
| New | +$259K |
|
3308
CALL
MGM Resorts International
MGM
$11.4B
| $226K | ﹤0.01% |
+9,900
| New | +$246K |
|
3309
Mueller Industries
MLI
$14.7B
| $226K | ﹤0.01% |
+31,672
| New | +$230K |
|
3310
Open Text
OTEX
$6.15B
| $226K | ﹤0.01% |
8,166
-20,436
| -71% | -$546K |
|
3311
PUT
Procter & Gamble
PG
$336B
| $226K | ﹤0.01% |
+2,700
| New | +$221K |
|
3312
Provident Financial
PROV
$111M
| $226K | ﹤0.01% |
15,500
-16,637
| -52% | -$244K |
|
3313
Ultragenyx Pharmaceutical
RARE
$2.45B
| $226K | ﹤0.01% |
4,000
-10,350
| -72% | -$521K |
|
|
PCTI
3314
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $226K | ﹤0.01% |
29,835
-101,696
| -77% | -$791K |
|
|
TERP
3315
DELISTED
TerraForm Power, Inc
TERP
| $226K | ﹤0.01% |
+7,836
| New | +$244K |
|
|
MOBI
3316
DELISTED
Sky-mobi Limited ADS
MOBI
| $226K | ﹤0.01% |
+27,779
| New | +$212K |
|
|
BYI
3317
CALL
DELISTED
BALLY TECHNOLOGIES, INC.
BYI
| $226K | ﹤0.01% |
+2,800
| New | +$204K |
|
3318
CALL
Cboe Global Markets
CBOE
$32.5B
| $225K | ﹤0.01% |
+4,200
| New | +$215K |
|
3319
PUT
Group 1 Automotive
GPI
$3.42B
| $225K | ﹤0.01% |
+3,100
| New | +$242K |
|
|
LNW
3320
DELISTED
Light & Wonder
LNW
| $225K | ﹤0.01% |
20,879
-417,706
| -95% | -$4.27M |
|
3321
CALL
Philip Morris
PM
$297B
| $225K | ﹤0.01% |
+2,700
| New | +$228K |
|
3322
PUT
Ryder
R
$9.83B
| $225K | ﹤0.01% |
+2,500
| New | +$224K |
|
3323
Agilysys
AGYS
$2.97B
| $224K | ﹤0.01% |
19,070
-7,529
| -28% | -$96.5K |
|
3324
CALL
Acuity Brands
AYI
$9.83B
| $224K | ﹤0.01% |
+1,900
| New | +$224K |
|
3325
CALL
Gilead Sciences
GILD
$162B
| $224K | ﹤0.01% |
2,100
-14,900
| -88% | -$1.46M |
|
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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.