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 | |
|---|---|---|---|---|---|---|
1401
TriMas Corp
TRS
$1.43B
| $4.17M | 0.01% |
215,014
+171,533
| +395% | +$4.44M |
|
|
BLOX
1402
DELISTED
Infoblox Inc
BLOX
| $4.17M | 0.01% |
282,583
-177,990
| -39% | -$2.31M |
|
1403
CubeSmart
CUBE
$9.39B
| $4.16M | 0.01% |
231,450
-196,886
| -46% | -$3.64M |
|
1404
U-Haul Holding Co
UHAL
$13.9B
| $4.16M | 0.01% |
+158,900
| New | +$4.39M |
|
1405
Simpson Manufacturing
SSD
$7.72B
| $4.16M | 0.01% |
142,603
+136,517
| +2,243% | +$4.42M |
|
1406
PhenixFIN
PFX
| $4.16M | 0.01% |
17,595
+10,306
| +141% | +$2.64M |
|
|
CLDT
1407
CALL
Chatham Lodging
CLDT
$622M
| $4.15M | 0.01% |
+180,000
| New | +$4.02M |
|
1408
CALL
Netflix
NFLX
$299B
| $4.15M | 0.01% |
+644,000
| New | +$4.18M |
|
1409
Compass Minerals
CMP
$1.23B
| $4.13M | 0.01% |
49,031
-205,333
| -81% | -$18.4M |
|
|
LNKD
1410
DELISTED
LinkedIn Corporation
LNKD
| $4.13M | 0.01% |
19,876
-9,173
| -32% | -$1.83M |
|
1411
Scotiabank
BNS
$107B
| $4.12M | 0.01% |
+71,075
| New | +$4.43M |
|
1412
JD.com
JD
$44.6B
| $4.12M | 0.01% |
159,570
+150,770
| +1,713% | +$4.34M |
|
|
SGEN
1413
DELISTED
Seagen Inc. Common Stock
SGEN
| $4.12M | 0.01% |
110,806
-22,438
| -17% | -$882K |
|
1414
BWX Technologies
BWXT
$15.5B
| $4.1M | 0.01% |
207,168
-986,516
| -83% | -$21.3M |
|
1415
Colgate-Palmolive
CL
$73.1B
| $4.1M | 0.01% |
62,803
-229,644
| -79% | -$15.1M |
|
|
PGTI
1416
DELISTED
PGT, Inc.
PGTI
| $4.09M | 0.01% |
438,845
+290,905
| +197% | +$2.74M |
|
|
NFX
1417
CALL
DELISTED
Newfield Exploration
NFX
| $4.08M | 0.01% |
110,000
+800
| +0.7% | +$33.2K |
|
1418
Stryker
SYK
$125B
| $4.08M | 0.01% |
50,471
-251,908
| -83% | -$20.7M |
|
1419
PUT
Comcast
CMCSA
$85B
| $4.06M | 0.01% |
151,000
-9,200
| -6% | -$252K |
|
|
CCC
1420
DELISTED
Calgon Carbon Corp
CCC
| $4.06M | 0.01% |
209,292
+79,955
| +62% | +$1.71M |
|
1421
Globalstar
GSAT
$10.7B
| $4.04M | 0.01% |
73,594
-22,340
| -23% | -$1.33M |
|
|
WP
1422
DELISTED
Worldpay, Inc.
WP
| $4.03M | 0.01% |
130,459
-232,521
| -64% | -$7.55M |
|
|
UN
1423
DELISTED
Unilever NV New York Registry Shares
UN
| $4.03M | 0.01% |
+101,502
| New | +$4.23M |
|
1424
DNOW Inc
DNOW
$2.58B
| $4.03M | 0.01% |
132,374
+95,127
| +255% | +$3.11M |
|
|
HF
1425
DELISTED
HFF Inc.
HF
| $4M | 0.01% |
138,292
+98,297
| +246% | +$3.21M |
|
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.