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 | |
|---|---|---|---|---|---|---|
626
Allegion
ALLE
$13.4B
| $15.4M | 0.04% |
323,496
+261,579
| +422% | +$13.7M |
|
|
MHFI
627
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $15.4M | 0.04% |
182,400
-42,903
| -19% | -$3.53M |
|
628
Host Hotels & Resorts
HST
$17.2B
| $15.4M | 0.04% |
720,478
-854,181
| -54% | -$19M |
|
|
ODP
629
DELISTED
ODP
ODP
| $15.3M | 0.04% |
298,557
+295,287
| +9,030% | +$15.6M |
|
630
CALL
NOV
NOV
$6.93B
| $15.2M | 0.04% |
200,300
-88,900
| -31% | -$7.35M |
|
|
RBS.PRS.CL
631
DELISTED
The Royal Bank Of Scotland Group
RBS.PRS.CL
| $15.2M | 0.04% |
+611,105
| New | +$15.1M |
|
632
American Financial Group
AFG
$11.8B
| $15.1M | 0.04% |
261,447
-129,319
| -33% | -$7.57M |
|
633
Alcoa
AA
$11.9B
| $15.1M | 0.04% |
+391,397
| New | +$15.3M |
|
634
Intel
INTC
$455B
| $15.1M | 0.04% |
434,584
+190,287
| +78% | +$6.44M |
|
635
Humana
HUM
$43.7B
| $15.1M | 0.04% |
116,091
+54,890
| +90% | +$6.98M |
|
|
BTU
636
PUT
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $15.1M | 0.04% |
81,167
-9,720
| -11% | -$2.21M |
|
637
Accuray
ARAY
$32M
| $15M | 0.04% |
2,070,239
+237,946
| +13% | +$1.93M |
|
638
VeriSign
VRSN
$26.2B
| $15M | 0.04% |
271,576
+218,835
| +415% | +$11.8M |
|
639
Vail Resorts
MTN
$5.32B
| $15M | 0.04% |
172,429
+19,110
| +12% | +$1.52M |
|
|
ECHO
640
EchoStar
ECHO
$24.4B
| $14.9M | 0.04% |
377,752
+181,967
| +93% | +$7.46M |
|
641
PUT
VanEck Oil Services ETF
OIH
$2.06B
| $14.9M | 0.04% |
15,000
-29,220
| -66% | -$31.7M |
|
642
Universal Corp
UVV
$1.31B
| $14.9M | 0.04% |
334,814
+310,935
| +1,302% | +$16M |
|
643
LPL Financial
LPLA
$28.3B
| $14.8M | 0.04% |
+322,374
| New | +$15.5M |
|
|
TCF
644
DELISTED
TCF Financial Corporation Common Stock
TCF
| $14.8M | 0.04% |
551,364
+59,374
| +12% | +$1.66M |
|
|
LGF
645
DELISTED
Lions Gate Entertainment
LGF
| $14.8M | 0.04% |
449,581
-53,715
| -11% | -$1.71M |
|
|
HMSY
646
DELISTED
HMS Holdings Corp.
HMSY
| $14.8M | 0.04% |
784,636
-223,730
| -22% | -$4.53M |
|
647
Prothena Corp
PRTA
$425M
| $14.7M | 0.04% |
664,850
-25,281
| -4% | -$536K |
|
|
VMW
648
DELISTED
VMware, Inc
VMW
| $14.7M | 0.04% |
156,323
+24,736
| +19% | +$2.41M |
|
|
CVG
649
DELISTED
Convergys
CVG
| $14.6M | 0.04% |
820,061
+446,004
| +119% | +$8.67M |
|
|
GWR
650
DELISTED
Genesee & Wyoming Inc.
GWR
| $14.6M | 0.04% |
153,244
+27,746
| +22% | +$2.75M |
|
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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.