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 | |
|---|---|---|---|---|---|---|
|
TARO
1001
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $7.86M | 0.02% |
51,082
+45,892
| +884% | +$6.91M |
|
|
IRF
1002
CALL
DELISTED
INTL RECTIFIER CORP
IRF
| $7.85M | 0.02% |
+200,000
| New | +$6.49M |
|
1003
Amkor Technology
AMKR
$12.4B
| $7.84M | 0.02% |
932,398
+643,164
| +222% | +$6.36M |
|
|
FLIR
1004
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $7.84M | 0.02% |
250,063
+180,560
| +260% | +$6.07M |
|
|
AHL
1005
DELISTED
ASPEN Insurance Holding Limited
AHL
| $7.83M | 0.02% |
183,017
+178,894
| +4,339% | +$7.6M |
|
|
INFA
1006
DELISTED
INFORMATICA CORP
INFA
| $7.79M | 0.02% |
227,546
-221,885
| -49% | -$7.38M |
|
|
MITT
1007
TPG Mortgage Investment Trust
MITT
$222M
| $7.78M | 0.02% |
145,685
-18,426
| -11% | -$1.05M |
|
|
ANSS
1008
DELISTED
Ansys
ANSS
| $7.77M | 0.02% |
102,741
-129,116
| -56% | -$10.1M |
|
|
VMW
1009
PUT
DELISTED
VMware, Inc
VMW
| $7.76M | 0.02% |
82,700
| – | – |
|
|
RYL
1010
DELISTED
RYLAND GROUP INC
RYL
| $7.74M | 0.02% |
232,890
+81,400
| +54% | +$2.96M |
|
|
CSII
1011
DELISTED
Cardiovascular Systems, Inc.
CSII
| $7.71M | 0.02% |
326,463
+144,560
| +79% | +$4.11M |
|
|
BWP
1012
DELISTED
Boardwalk Pipeline Partners
BWP
| $7.71M | 0.02% |
412,500
+137,500
| +50% | +$2.63M |
|
|
XNPT
1013
DELISTED
XENOPORT, INC.
XNPT
| $7.7M | 0.02% |
1,431,036
-180,402
| -11% | -$879K |
|
1014
Advanced Micro Devices
AMD
$776B
| $7.7M | 0.02% |
2,257,016
+1,265,475
| +128% | +$5.12M |
|
|
CERN
1015
DELISTED
Cerner Corp
CERN
| $7.69M | 0.02% |
129,125
-561,899
| -81% | -$31.6M |
|
|
HPP
1016
Hudson Pacific Properties
HPP
$747M
| $7.69M | 0.02% |
44,547
-34,905
| -44% | -$6.34M |
|
|
VRTV
1017
DELISTED
VERITIV CORPORATION
VRTV
| $7.69M | 0.02% |
+153,600
| New | +$6.52M |
|
|
HT
1018
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $7.68M | 0.02% |
301,370
+119,052
| +65% | +$3.2M |
|
1019
MidCap Financial Investment
MFIC
$787M
| $7.68M | 0.02% |
313,265
-101,646
| -24% | -$2.63M |
|
1020
O-I Glass
OI
$1.1B
| $7.64M | 0.02% |
293,385
+198,129
| +208% | +$6.22M |
|
|
EE
1021
DELISTED
El Paso Electric Company
EE
| $7.63M | 0.02% |
208,620
-62,643
| -23% | -$2.37M |
|
|
ENDP
1022
DELISTED
Endo International plc
ENDP
| $7.62M | 0.02% |
111,456
-481,965
| -81% | -$31.7M |
|
1023
Yum! Brands
YUM
$41.8B
| $7.6M | 0.02% |
146,924
+91,124
| +163% | +$4.85M |
|
|
FNFV
1024
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $7.6M | 0.02% |
+724,708
| New | +$8.64M |
|
|
CTCT
1025
DELISTED
CONSTANT CONTACT, INC COM
CTCT
| $7.58M | 0.02% |
279,311
+253,433
| +979% | +$7.93M |
|
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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.