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 | |
|---|---|---|---|---|---|---|
826
AGNC Investment
AGNC
$12.4B
| $10.7M | 0.03% |
504,444
+303,072
| +151% | +$6.98M |
|
827
Oneok
OKE
$57.2B
| $10.7M | 0.03% |
163,224
-121,550
| -43% | -$8.15M |
|
828
PUT
CarMax
KMX
$8.13B
| $10.7M | 0.03% |
229,600
+211,300
| +1,155% | +$10.8M |
|
829
Equity Residential
EQR
$24.9B
| $10.6M | 0.03% |
+172,320
| New | +$11.1M |
|
830
Maximus
MMS
$3.17B
| $10.6M | 0.03% |
264,395
+234,189
| +775% | +$9.69M |
|
831
Booking.com
BKNG
$149B
| $10.6M | 0.03% |
228,525
+19,925
| +10% | +$981K |
|
832
TherapeuticsMD
TXMD
$23.5M
| $10.6M | 0.03% |
45,620
+4,720
| +12% | +$1.19M |
|
833
Brinker International
EAT
$9.17B
| $10.6M | 0.03% |
208,097
-53,112
| -20% | -$2.55M |
|
834
Westlake Corp
WLK
$9.03B
| $10.6M | 0.03% |
122,042
+63,349
| +108% | +$5.73M |
|
835
Chubb
CB
$135B
| $10.6M | 0.03% |
100,726
-30,056
| -23% | -$3.13M |
|
|
MDCO
836
DELISTED
Medicines Co
MDCO
| $10.6M | 0.03% |
472,802
+284,844
| +152% | +$7.23M |
|
837
Bankunited
BKU
$3.37B
| $10.5M | 0.03% |
345,674
+281,844
| +442% | +$8.97M |
|
|
TVPT
838
DELISTED
Travelport Worldwide Limited
TVPT
| $10.5M | 0.03% |
+639,951
| New | +$10.5M |
|
|
CTT
839
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $10.5M | 0.03% |
+957,345
| New | +$11.5M |
|
|
TUP
840
DELISTED
Tupperware Brands Corporation
TUP
| $10.4M | 0.03% |
151,339
+86,970
| +135% | +$6.61M |
|
841
CALL
Coca-Cola
KO
$377B
| $10.4M | 0.03% |
244,600
+100,000
| +69% | +$4.13M |
|
842
EnerSys
ENS
$6.78B
| $10.4M | 0.03% |
177,589
+65,453
| +58% | +$4.19M |
|
843
Designer Brands
DBI
$307M
| $10.4M | 0.03% |
345,322
-363,967
| -51% | -$10.4M |
|
844
Gerdau
GGB
$9.74B
| $10.4M | 0.03% |
2,728,493
+1,922,447
| +239% | +$8.8M |
|
845
Teradyne
TER
$57.6B
| $10.4M | 0.03% |
535,879
+349,652
| +188% | +$6.87M |
|
846
Quanta Services
PWR
$100B
| $10.3M | 0.03% |
284,637
-334,210
| -54% | -$11.9M |
|
|
INN
847
Summit Hotel Properties
INN
$746M
| $10.3M | 0.03% |
954,681
-136,739
| -13% | -$1.47M |
|
848
EPR Properties
EPR
$4.76B
| $10.3M | 0.03% |
203,016
-39,724
| -16% | -$2.2M |
|
|
RPAI
849
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $10.3M | 0.03% |
703,200
-893,389
| -56% | -$13.8M |
|
850
Camden Property Trust
CPT
$11B
| $10.3M | 0.03% |
149,838
-133,115
| -47% | -$9.64M |
|
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.