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 | |
|---|---|---|---|---|---|---|
1351
PUT
Zimmer Biomet
ZBH
$18.2B
| $4.51M | 0.01% |
+46,247
| New | +$4.55M |
|
1352
Rexford Industrial Realty
REXR
$8.42B
| $4.5M | 0.01% |
+325,366
| New | +$4.62M |
|
1353
Omega Healthcare
OHI
$15.1B
| $4.5M | 0.01% |
131,530
+83,028
| +171% | +$3.05M |
|
1354
Fulton Financial
FULT
$4.66B
| $4.49M | 0.01% |
405,243
-347,372
| -46% | -$4.03M |
|
1355
Interactive Brokers
IBKR
$39.2B
| $4.49M | 0.01% |
719,308
+597,564
| +491% | +$3.56M |
|
|
HMIN
1356
DELISTED
HOMEINNS HOTEL GROUP SPONSORED ADR
HMIN
| $4.48M | 0.01% |
154,663
+141,604
| +1,084% | +$4.7M |
|
1357
Texas Roadhouse
TXRH
$13.5B
| $4.48M | 0.01% |
160,989
-426,751
| -73% | -$11.1M |
|
|
INFN
1358
DELISTED
Infinera Corporation Common Stock
INFN
| $4.48M | 0.01% |
420,099
+65,275
| +18% | +$639K |
|
|
MNDT
1359
CALL
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $4.48M | 0.01% |
+146,600
| New | +$4.86M |
|
|
OPB
1360
DELISTED
Opus Bank Common Stock
OPB
| $4.48M | 0.01% |
146,275
-65,710
| -31% | -$2.01M |
|
1361
First Horizon
FHN
$12.2B
| $4.46M | 0.01% |
363,150
-1,598,801
| -81% | -$19.2M |
|
|
CIVI
1362
DELISTED
Civitas Solutions, Inc.
CIVI
| $4.45M | 0.01% |
+284,871
| New | +$4.65M |
|
|
PVA
1363
CALL
DELISTED
PENN VIRGINIA CORP
PVA
| $4.45M | 0.01% |
350,000
-31,300
| -8% | -$439K |
|
|
WBA
1364
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $4.45M | 0.01% |
75,000
-11,700
| -13% | -$767K |
|
|
SIR
1365
DELISTED
SELECT INCOME REIT
SIR
| $4.44M | 0.01% |
420,354
-2,257,216
| -84% | -$27.3M |
|
|
CGI
1366
DELISTED
Celadon Group Inc
CGI
| $4.42M | 0.01% |
227,488
+150,463
| +195% | +$3.2M |
|
1367
RH
RH
$3.13B
| $4.42M | 0.01% |
55,611
+19,169
| +53% | +$1.6M |
|
|
KOG
1368
DELISTED
KODIAK OIL & GAS CORP
KOG
| $4.42M | 0.01% |
325,488
-212,870
| -40% | -$3.19M |
|
|
WFM
1369
DELISTED
Whole Foods Market Inc
WFM
| $4.41M | 0.01% |
115,640
-740,416
| -86% | -$28.3M |
|
1370
Cintas
CTAS
$81.9B
| $4.4M | 0.01% |
249,296
-16,656
| -6% | -$271K |
|
|
EPE
1371
PUT
DELISTED
EP Energy Corporation
EPE
| $4.4M | 0.01% |
+251,600
| New | +$4.85M |
|
1372
Tandem Diabetes Care
TNDM
$1.34B
| $4.4M | 0.01% |
32,768
-7,982
| -20% | -$1.12M |
|
|
SINA
1373
DELISTED
Sina Corp
SINA
| $4.38M | 0.01% |
106,488
-278,132
| -72% | -$13M |
|
|
CY
1374
DELISTED
Cypress Semiconductor
CY
| $4.38M | 0.01% |
443,289
-107,451
| -20% | -$1.13M |
|
1375
FuelCell Energy
FCEL
$1.73B
| $4.36M | 0.01% |
+483
| New | +$4.91M |
|
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.