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 | |
|---|---|---|---|---|---|---|
751
Highwoods Properties
HIW
$3.65B
| $12.3M | 0.03% |
316,231
-60,834
| -16% | -$2.54M |
|
|
NETI
752
DELISTED
Eneti Inc.
NETI
| $12.3M | 0.03% |
18,922
-9,530
| -33% | -$8.44M |
|
753
Mid-America Apartment Communities
MAA
$15.4B
| $12.3M | 0.03% |
187,073
+111,150
| +146% | +$7.92M |
|
754
Carlisle Companies
CSL
$14.6B
| $12.3M | 0.03% |
152,759
+121,897
| +395% | +$10.1M |
|
755
Bio-Rad Laboratories Class A
BIO
$8.71B
| $12.3M | 0.03% |
108,223
-58,806
| -35% | -$6.97M |
|
756
Black Hills Corp
BKH
$5.42B
| $12.3M | 0.03% |
256,034
+223,220
| +680% | +$12M |
|
757
Manulife Financial
MFC
$73.9B
| $12.3M | 0.03% |
636,454
+579,314
| +1,014% | +$11.7M |
|
758
United Parcel Service
UPS
$88.6B
| $12.2M | 0.03% |
124,120
+26,287
| +27% | +$2.61M |
|
|
AWH
759
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $12.2M | 0.03% |
+330,942
| New | +$12.3M |
|
|
PQUE
760
DELISTED
PETROQUEST ENERGY INC (DE)
PQUE
| $12.2M | 0.03% |
2,168,099
+1,889,977
| +680% | +$10.6M |
|
761
CALL
Ulta Beauty
ULTA
$22B
| $12.2M | 0.03% |
103,100
+3,800
| +4% | +$378K |
|
|
IMOS
762
ChipMOS TECHNOLOGIES
IMOS
$1.65B
| $12.2M | 0.03% |
488,032
+31,381
| +7% | +$824K |
|
763
Cencora
COR
$60.6B
| $12.1M | 0.03% |
+157,140
| New | +$11.9M |
|
|
AAN.A
764
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $12.1M | 0.03% |
+498,320
| New | +$12.1M |
|
|
QLIK
765
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $12.1M | 0.03% |
448,106
-620,709
| -58% | -$16.3M |
|
|
PTLA
766
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $12.1M | 0.03% |
476,776
+313,198
| +191% | +$8.25M |
|
767
Jefferies Financial Group
JEF
$12.6B
| $12M | 0.03% |
562,963
+195,049
| +53% | +$4.39M |
|
|
VOLC
768
DELISTED
VOLCANO CORPORATION COM STK
VOLC
| $12M | 0.03% |
1,127,479
+413,237
| +58% | +$5.73M |
|
769
CALL
Kirby Corp
KEX
$7.01B
| $12M | 0.03% |
+101,600
| New | +$12.1M |
|
770
Adeia
ADEA
$2.94B
| $11.9M | 0.03% |
1,697,035
+732,500
| +76% | +$5.11M |
|
|
GXP
771
DELISTED
Great Plains Energy Incorporated
GXP
| $11.9M | 0.03% |
491,522
+323,436
| +192% | +$8.21M |
|
|
NBIS
772
Nebius Group N.V.
NBIS
$48.3B
| $11.9M | 0.03% |
+426,814
| New | +$12.9M |
|
773
Franco-Nevada
FNV
$41.1B
| $11.9M | 0.03% |
+242,523
| New | +$13.5M |
|
774
Charter Communications
CHTR
$17.3B
| $11.8M | 0.03% |
78,253
-8,407
| -10% | -$1.33M |
|
775
Ally Financial
ALLY
$13.2B
| $11.8M | 0.03% |
511,313
+426,313
| +502% | +$10.2M |
|
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.