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 | |
|---|---|---|---|---|---|---|
|
LNKD
1276
PUT
DELISTED
LinkedIn Corporation
LNKD
| $5.07M | 0.01% |
24,400
| – | – |
|
1277
MillerKnoll
MLKN
$1.53B
| $5.07M | 0.01% |
169,691
-23,887
| -12% | -$718K |
|
1278
CALL
IBM
IBM
$211B
| $5.05M | 0.01% |
27,824
+6,904
| +33% | +$1.26M |
|
|
VIRX
1279
PUT
DELISTED
Viracta Therapeutics, Inc. Common Stock
VIRX
| $5.05M | 0.01% |
+3,366
| New | +$4.87M |
|
|
CPE
1280
DELISTED
Callon Petroleum Company
CPE
| $5.05M | 0.01% |
57,292
+37,059
| +183% | +$3.77M |
|
1281
CALL
McDonald's
MCD
$192B
| $5.04M | 0.01% |
+53,200
| New | +$5.07M |
|
|
INFO
1282
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $5.04M | 0.01% |
+215,834
| New | +$5.47M |
|
|
GER
1283
DELISTED
Goldman Sachs MLP Energy Renaissance Fund
GER
| $5.04M | 0.01% |
+27,778
| New | +$5.02M |
|
1284
Cogent Communications
CCOI
$676M
| $5.03M | 0.01% |
149,725
-268,935
| -64% | -$9.18M |
|
|
LTC
1285
LTC Properties
LTC
$2.06B
| $5.02M | 0.01% |
136,200
-33,559
| -20% | -$1.32M |
|
|
TIME
1286
DELISTED
Time Inc.
TIME
| $5.02M | 0.01% |
214,355
-903
| -0.4% | -$21.7K |
|
|
1287
IBM
IBM
$211B
| $5.02M | 0.01% |
27,660
-133,163
| -83% | -$24.3M |
|
1288
IAMGOLD
IAG
$8.2B
| $5M | 0.01% |
1,810,115
+1,005,833
| +125% | +$3.71M |
|
1289
iShares MSCI EAFE ETF
EFA
$78B
| $5M | 0.01% |
77,898
+58,875
| +309% | +$3.93M |
|
1290
Equinix
EQIX
$101B
| $4.99M | 0.01% |
23,473
+22,473
| +2,247% | +$4.83M |
|
|
CYN
1291
DELISTED
CITY NATIONAL CORPORATION
CYN
| $4.99M | 0.01% |
65,904
+65,504
| +16,376% | +$4.95M |
|
1292
CALL
Vale
VALE
$64.1B
| $4.97M | 0.01% |
+451,100
| New | +$6.02M |
|
1293
Pegasystems
PEGA
$5.02B
| $4.96M | 0.01% |
519,106
+292,464
| +129% | +$3.16M |
|
|
DRC
1294
CALL
DELISTED
DRESSER-RAND GROUP INC
DRC
| $4.94M | 0.01% |
+60,000
| New | +$4.03M |
|
1295
Dycom Industries
DY
$12B
| $4.93M | 0.01% |
160,485
+152,906
| +2,017% | +$4.66M |
|
1296
WisdomTree Japan Hedged Equity Fund
DXJ
$7.08B
| $4.91M | 0.01% |
93,882
-9,456
| -9% | -$476K |
|
1297
Matsons
MATX
$6.13B
| $4.91M | 0.01% |
196,072
+99,382
| +103% | +$2.71M |
|
1298
Wintrust Financial
WTFC
$10.8B
| $4.91M | 0.01% |
109,829
+47,972
| +78% | +$2.22M |
|
1299
PUT
MGM Resorts International
MGM
$11.4B
| $4.91M | 0.01% |
215,300
+12,900
| +6% | +$321K |
|
|
CONN
1300
PUT
DELISTED
Conn's Inc.
CONN
| $4.9M | 0.01% |
162,000
+146,400
| +938% | +$5.7M |
|
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.