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 | |
|---|---|---|---|---|---|---|
|
AIV
1101
Aimco
AIV
$387M
| $6.65M | 0.02% |
1,567,954
+1,051,726
| +204% | +$4.68M |
|
1102
CALL
Applied Materials
AMAT
$403B
| $6.64M | 0.02% |
307,100
+7,100
| +2% | +$157K |
|
1103
Hasbro
HAS
$13.2B
| $6.63M | 0.02% |
120,651
-271,042
| -69% | -$14.3M |
|
|
AEGR
1104
DELISTED
Aegerion Pharmaceuticals
AEGR
| $6.63M | 0.02% |
198,758
-114,134
| -36% | -$3.54M |
|
1105
Fortune Brands Innovations
FBIN
$5.88B
| $6.63M | 0.02% |
188,794
-222,335
| -54% | -$7.77M |
|
|
PEI
1106
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $6.61M | 0.02% |
22,085
-65,591
| -75% | -$19.4M |
|
1107
Lands' End
LE
$370M
| $6.6M | 0.02% |
160,580
-1,423
| -0.9% | -$52.6K |
|
1108
Xylem
XYL
$27.3B
| $6.59M | 0.02% |
185,613
+166,956
| +895% | +$6.2M |
|
|
ATHL
1109
CALL
DELISTED
ATHLON ENERGY INC COM
ATHL
| $6.59M | 0.02% |
+113,100
| New | +$5.24M |
|
1110
Parker-Hannifin
PH
$123B
| $6.58M | 0.02% |
57,645
-62,794
| -52% | -$7.4M |
|
1111
SPX Corp
SPXC
$11B
| $6.58M | 0.02% |
+278,173
| New | +$7.22M |
|
1112
BGC Group
BGC
$5.45B
| $6.57M | 0.02% |
1,374,970
+1,277,478
| +1,310% | +$6.25M |
|
|
ZNGA
1113
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $6.56M | 0.02% |
2,430,535
-5,876,876
| -71% | -$17.6M |
|
|
HCR
1114
CALL
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $6.56M | 0.02% |
127,200
+92,400
| +266% | +$5.77M |
|
|
JASO
1115
DELISTED
JA Solar Holdings, Co., Ltd
JASO
| $6.53M | 0.02% |
706,186
+131,035
| +23% | +$1.25M |
|
|
TTM
1116
DELISTED
Tata Motors Limited
TTM
| $6.52M | 0.02% |
149,202
-79,742
| -35% | -$3.49M |
|
1117
Green Dot
GDOT
$743M
| $6.51M | 0.02% |
308,141
+155,740
| +102% | +$2.92M |
|
|
ARMH
1118
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $6.51M | 0.02% |
149,060
+62,354
| +72% | +$2.83M |
|
|
DANG
1119
DELISTED
E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM)
DANG
| $6.5M | 0.02% |
532,464
+390,239
| +274% | +$5.3M |
|
|
KCG
1120
DELISTED
KCG Holdings, Inc.
KCG
| $6.49M | 0.02% |
640,467
+255,655
| +66% | +$2.89M |
|
1121
Teekay
TK
$1.01B
| $6.49M | 0.02% |
97,734
+66,449
| +212% | +$3.9M |
|
1122
Saia
SAIA
$9.27B
| $6.49M | 0.02% |
130,856
-23,255
| -15% | -$1.11M |
|
|
BNFT
1123
DELISTED
Benefitfocus, Inc.
BNFT
| $6.48M | 0.02% |
+240,430
| New | +$8.78M |
|
|
PX
1124
CALL
DELISTED
Praxair Inc
PX
| $6.48M | 0.02% |
+50,200
| New | +$6.58M |
|
1125
Enovis
ENOV
$1.68B
| $6.47M | 0.02% |
65,996
+60,221
| +1,043% | +$6.76M |
|
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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.