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 | |
|---|---|---|---|---|---|---|
1076
CALL
Starbucks
SBUX
$120B
| $6.96M | 0.02% |
184,400
-3,800
| -2% | -$147K |
|
1077
CALL
iShares US Real Estate ETF
IYR
$4.66B
| $6.92M | 0.02% |
+100,000
| New | +$7.24M |
|
1078
Assurant
AIZ
$13.8B
| $6.9M | 0.02% |
107,256
-120,188
| -53% | -$7.86M |
|
1079
Kratos Defense & Security Solutions
KTOS
$8.74B
| $6.88M | 0.02% |
1,048,044
+246,570
| +31% | +$1.83M |
|
1080
VF Corp
VFC
$5.63B
| $6.87M | 0.02% |
110,499
+23,027
| +26% | +$1.38M |
|
1081
Walt Disney
DIS
$167B
| $6.86M | 0.02% |
77,042
-235,833
| -75% | -$20.8M |
|
|
FRGI
1082
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $6.85M | 0.02% |
137,953
+134,926
| +4,457% | +$6.41M |
|
|
CHU
1083
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $6.84M | 0.02% |
455,376
+377,143
| +482% | +$6.3M |
|
1084
CALL
Booking.com
BKNG
$149B
| $6.84M | 0.02% |
147,500
+10,000
| +7% | +$492K |
|
|
SFLY
1085
DELISTED
Shutterfly, Inc.
SFLY
| $6.81M | 0.02% |
+139,747
| New | +$6.82M |
|
|
GLOP
1086
DELISTED
GASLOG PARTNERS LP
GLOP
| $6.78M | 0.02% |
220,732
+121,035
| +121% | +$3.95M |
|
1087
Louisiana-Pacific
LPX
$5.06B
| $6.77M | 0.02% |
497,942
+467,528
| +1,537% | +$6.61M |
|
1088
Prospect Capital
PSEC
$1.07B
| $6.76M | 0.02% |
682,997
+298,556
| +78% | +$3.15M |
|
1089
Royal Caribbean
RCL
$85.1B
| $6.76M | 0.02% |
+100,444
| New | +$6.23M |
|
|
WCC
1090
WESCO International
WCC
$16.7B
| $6.76M | 0.02% |
86,332
-52,455
| -38% | -$4.34M |
|
1091
Pembina Pipeline
PBA
$28.4B
| $6.75M | 0.02% |
160,193
+112,085
| +233% | +$4.94M |
|
|
FCH
1092
DELISTED
Felcor Lodging Trust
FCH
| $6.75M | 0.02% |
721,107
+570,079
| +377% | +$5.81M |
|
|
1093
PUT
Starbucks
SBUX
$120B
| $6.73M | 0.02% |
178,400
-5,800
| -3% | -$224K |
|
|
TEG
1094
DELISTED
INTEGRYS ENERGY GROUP INC COM (USA)
TEG
| $6.72M | 0.02% |
103,719
+42,222
| +69% | +$2.84M |
|
1095
Fastenal
FAST
$54.7B
| $6.71M | 0.02% |
+597,944
| New | +$6.84M |
|
|
ILG
1096
DELISTED
ILG, Inc Common Stock
ILG
| $6.71M | 0.02% |
352,355
+79,766
| +29% | +$1.69M |
|
|
HSP
1097
DELISTED
HOSPIRA INC
HSP
| $6.71M | 0.02% |
+128,989
| New | +$6.85M |
|
|
BDN
1098
Brandywine Realty Trust
BDN
$524M
| $6.68M | 0.02% |
475,105
-155,285
| -25% | -$2.41M |
|
|
CQH
1099
DELISTED
Cheniere Energy Partners LP Holdings LLC
CQH
| $6.67M | 0.02% |
272,807
-100,867
| -27% | -$2.48M |
|
1100
Enterprise Products Partners
EPD
$82.3B
| $6.65M | 0.02% |
165,000
+90,000
| +120% | +$3.53M |
|
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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.