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 | |
|---|---|---|---|---|---|---|
|
UFS
1301
DELISTED
DOMTAR CORPORATION (New)
UFS
| $4.9M | 0.01% |
139,515
-77,661
| -36% | -$2.96M |
|
1302
Toll Brothers
TOL
$13.6B
| $4.87M | 0.01% |
156,225
+145,064
| +1,300% | +$4.97M |
|
1303
Willis Towers Watson
WTW
$31.2B
| $4.86M | 0.01% |
44,356
+42,281
| +2,038% | +$4.7M |
|
|
FNGN
1304
DELISTED
Financial Engines, Inc.
FNGN
| $4.85M | 0.01% |
141,786
+84,948
| +149% | +$3.13M |
|
1305
CNA Financial
CNA
$14.2B
| $4.85M | 0.01% |
127,433
-15,994
| -11% | -$619K |
|
|
GEVA
1306
DELISTED
SYNAGEVA BIOPHARMA CORP COM STK (DE)
GEVA
| $4.84M | 0.01% |
+70,423
| New | +$5.04M |
|
1307
Vipshop
VIPS
$7.37B
| $4.84M | 0.01% |
+255,940
| New | +$5.27M |
|
1308
Stepan Co
SCL
$1.46B
| $4.84M | 0.01% |
108,980
+48,992
| +82% | +$2.4M |
|
|
NSTG
1309
DELISTED
NanoString Technologies, Inc.
NSTG
| $4.83M | 0.01% |
441,835
+132,887
| +43% | +$1.64M |
|
|
BRCD
1310
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $4.83M | 0.01% |
444,016
-773,520
| -64% | -$7.53M |
|
|
ECYT
1311
DELISTED
Endocyte, Inc. Common Stock
ECYT
| $4.82M | 0.01% |
792,093
+509,705
| +180% | +$3.48M |
|
1312
RB Global
RBA
$20.4B
| $4.81M | 0.01% |
+215,005
| New | +$5.13M |
|
1313
PUT
D.R. Horton
DHI
$40B
| $4.8M | 0.01% |
234,100
| – | – |
|
1314
CME Group
CME
$96.3B
| $4.8M | 0.01% |
60,000
-300
| -0.5% | -$22.6K |
|
|
MENT
1315
DELISTED
Mentor Graphics Corp
MENT
| $4.79M | 0.01% |
233,823
-49,842
| -18% | -$1.06M |
|
1316
iShares China Large-Cap ETF
FXI
$4.37B
| $4.79M | 0.01% |
+125,000
| New | +$5.01M |
|
|
CIM
1317
Chimera Investment
CIM
$1.04B
| $4.77M | 0.01% |
104,641
+17,169
| +20% | +$827K |
|
1318
CALL
Microsoft
MSFT
$3.45T
| $4.77M | 0.01% |
102,900
-30,500
| -23% | -$1.36M |
|
|
PX
1319
DELISTED
Praxair Inc
PX
| $4.76M | 0.01% |
36,916
-236,282
| -86% | -$31M |
|
1320
Automatic Data Processing
ADP
$106B
| $4.75M | 0.01% |
65,110
+57,820
| +793% | +$4.18M |
|
|
BLUE
1321
DELISTED
bluebird bio
BLUE
| $4.75M | 0.01% |
10,218
-703
| -6% | -$324K |
|
|
TRAK
1322
DELISTED
DEALERTRACK TECHNOLOGIES, INC. COM STK
TRAK
| $4.74M | 0.01% |
109,150
-255,428
| -70% | -$10.8M |
|
1323
Goodyear
GT
$2B
| $4.74M | 0.01% |
209,713
-20,152
| -9% | -$517K |
|
1324
CALL
Newmont
NEM
$98.7B
| $4.71M | 0.01% |
204,400
-149,100
| -42% | -$3.8M |
|
1325
Vanguard Real Estate ETF
VNQ
$39.2B
| $4.71M | 0.01% |
65,488
+49,037
| +298% | +$3.7M |
|
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.