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 | |
|---|---|---|---|---|---|---|
1251
Neurocrine Biosciences
NBIX
$16.8B
| $5.36M | 0.01% |
341,926
-67,015
| -16% | -$1M |
|
|
EXXI
1252
DELISTED
ENERGY XXI LTD COM SHS
EXXI
| $5.35M | 0.01% |
471,571
-31,836
| -6% | -$566K |
|
|
HI
1253
DELISTED
Hillenbrand
HI
| $5.35M | 0.01% |
173,212
+90,778
| +110% | +$2.9M |
|
|
PMC
1254
DELISTED
PharMerica Corporation
PMC
| $5.34M | 0.01% |
218,561
+840
| +0.4% | +$22.3K |
|
1255
Fortinet
FTNT
$119B
| $5.34M | 0.01% |
1,056,085
-12,855
| -1% | -$64.9K |
|
1256
Andersons Inc
ANDE
$2.41B
| $5.33M | 0.01% |
84,700
+40,879
| +93% | +$2.49M |
|
1257
OSI Systems
OSIS
$3.65B
| $5.32M | 0.01% |
83,852
+68,913
| +461% | +$4.58M |
|
1258
Energy Transfer Partners
ET
$70.1B
| $5.3M | 0.01% |
172,000
+67,000
| +64% | +$1.97M |
|
|
ICPT
1259
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $5.3M | 0.01% |
22,400
-39,300
| -64% | -$10M |
|
1260
Texas Instruments
TXN
$252B
| $5.3M | 0.01% |
111,055
-733,079
| -87% | -$35.1M |
|
1261
Old Dominion Freight Line
ODFL
$44.1B
| $5.27M | 0.01% |
223,776
-561,246
| -71% | -$12.4M |
|
|
RTI
1262
DELISTED
RTI INTL METALS INC(HLDG CO)
RTI
| $5.25M | 0.01% |
212,971
+106,844
| +101% | +$2.89M |
|
|
PINC
1263
DELISTED
Premier
PINC
| $5.24M | 0.01% |
159,384
-262,581
| -62% | -$7.87M |
|
1264
AGCO
AGCO
$7.15B
| $5.23M | 0.01% |
+115,053
| New | +$5.7M |
|
1265
Community Health Systems
CYH
$393M
| $5.23M | 0.01% |
115,434
+66,913
| +138% | +$2.78M |
|
|
DFRG
1266
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $5.22M | 0.01% |
+272,695
| New | +$6.21M |
|
1267
John Wiley & Sons Class A
WLY
$2.65B
| $5.19M | 0.01% |
92,561
+38,247
| +70% | +$2.28M |
|
1268
Barings BDC
BBDC
$864M
| $5.19M | 0.01% |
205,043
+185,884
| +970% | +$5.04M |
|
1269
iShares Russell 2000 Value ETF
IWN
$14.3B
| $5.18M | 0.01% |
55,392
+34,656
| +167% | +$3.43M |
|
|
HRG
1270
DELISTED
HRG Group, Inc.
HRG
| $5.16M | 0.01% |
393,579
+128,200
| +48% | +$1.61M |
|
1271
GE Aerospace
GE
$374B
| $5.16M | 0.01% |
42,040
-125,910
| -75% | -$15.7M |
|
1272
GSI Technology
GSIT
$215M
| $5.13M | 0.01% |
948,969
+26,186
| +3% | +$152K |
|
|
TAM
1273
DELISTED
TAMINCO CORP COM
TAM
| $5.13M | 0.01% |
196,572
+183,872
| +1,448% | +$4.28M |
|
1274
BlackBerry
BB
$4.98B
| $5.1M | 0.01% |
512,782
-574,354
| -53% | -$5.87M |
|
|
ABCO
1275
DELISTED
Advisory Board Co
ABCO
| $5.09M | 0.01% |
109,256
-23,101
| -17% | -$1.14M |
|
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.