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 | |
|---|---|---|---|---|---|---|
1226
Service Corp International
SCI
$11.7B
| $5.57M | 0.01% |
263,270
-75,835
| -22% | -$1.62M |
|
|
ENZ
1227
DELISTED
Enzo Biochem, Inc.
ENZ
| $5.54M | 0.01% |
1,075,620
+49,944
| +5% | +$266K |
|
|
NSR
1228
DELISTED
Neustar Inc
NSR
| $5.53M | 0.01% |
222,856
+191,835
| +618% | +$5.29M |
|
1229
Tyler Technologies
TYL
$12.7B
| $5.53M | 0.01% |
+62,495
| New | +$5.64M |
|
1230
CALL
Prothena Corp
PRTA
$425M
| $5.49M | 0.01% |
313,100
+112,900
| +56% | +$2.39M |
|
1231
Western Union
WU
$1.98B
| $5.49M | 0.01% |
342,313
+320,335
| +1,458% | +$5.51M |
|
1232
Realty Income
O
$59.6B
| $5.49M | 0.01% |
138,776
+134,117
| +2,879% | +$5.72M |
|
1233
M/I Homes
MHO
$3.74B
| $5.47M | 0.01% |
276,113
-60,040
| -18% | -$1.31M |
|
1234
Silicon Motion
SIMO
$8.6B
| $5.47M | 0.01% |
203,151
-153,485
| -43% | -$3.86M |
|
|
HAWK
1235
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $5.47M | 0.01% |
169,208
+39,243
| +30% | +$1.11M |
|
|
OPLN
1236
Openlane
OPLN
$4.21B
| $5.47M | 0.01% |
504,717
-494,110
| -49% | -$5.65M |
|
1237
Cheniere Energy
CQP
$31.9B
| $5.46M | 0.01% |
166,800
-81,700
| -33% | -$2.67M |
|
|
VIVO
1238
DELISTED
Meridian Bioscience Inc
VIVO
| $5.46M | 0.01% |
308,366
+191,640
| +164% | +$3.77M |
|
|
KMR
1239
DELISTED
KINDER MORGAN MANAGEMENT LLC
KMR
| $5.46M | 0.01% |
+58,805
| New | +$5.07M |
|
1240
PUT
Yum! Brands
YUM
$41.8B
| $5.44M | 0.01% |
105,160
-20,030
| -16% | -$1.07M |
|
1241
Baxter International
BAX
$13.5B
| $5.44M | 0.01% |
139,435
-1,531,436
| -92% | -$62.2M |
|
|
SIVB
1242
DELISTED
SVB Financial Group
SIVB
| $5.44M | 0.01% |
48,497
+20,183
| +71% | +$2.24M |
|
1243
PUT
Bristol-Myers Squibb
BMY
$133B
| $5.42M | 0.01% |
106,000
+5,300
| +5% | +$265K |
|
|
CAJ
1244
DELISTED
Canon, Inc.
CAJ
| $5.42M | 0.01% |
+166,470
| New | +$5.5M |
|
|
NTT
1245
DELISTED
Nippon Telegraph & Telephone
NTT
| $5.42M | 0.01% |
174,150
+160,055
| +1,136% | +$5.24M |
|
1246
Phillips 66
PSX
$84.9B
| $5.41M | 0.01% |
66,542
-410,039
| -86% | -$34.1M |
|
1247
CALL
Teva Pharmaceuticals
TEVA
$40.8B
| $5.38M | 0.01% |
100,000
| – | – |
|
1248
Nu Skin
NUS
$252M
| $5.37M | 0.01% |
119,303
+31,281
| +36% | +$1.66M |
|
|
XENT
1249
DELISTED
Intersect ENT, Inc
XENT
| $5.36M | 0.01% |
+346,041
| New | +$5.21M |
|
1250
Digital Turbine
APPS
$975M
| $5.36M | 0.01% |
1,170,000
-90,037
| -7% | -$400K |
|
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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.