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 | |
|---|---|---|---|---|---|---|
1426
CALL
Wells Fargo
WFC
$261B
| $3.99M | 0.01% |
77,000
-9,200
| -11% | -$473K |
|
1427
Petrobras Class A
PBR.A
$111B
| $3.99M | 0.01% |
268,163
-1,565,768
| -85% | -$27.9M |
|
1428
Fluor
FLR
$7.01B
| $3.99M | 0.01% |
+59,695
| New | +$4.39M |
|
|
LDRH
1429
DELISTED
LDR HOLDINGS CORP COM STK
LDRH
| $3.98M | 0.01% |
+128,008
| New | +$3.32M |
|
|
AEL
1430
DELISTED
American Equity Investment Life Holding Company
AEL
| $3.98M | 0.01% |
173,711
+126,150
| +265% | +$2.97M |
|
1431
Walker & Dunlop
WD
$1.71B
| $3.97M | 0.01% |
298,830
+267,129
| +843% | +$3.71M |
|
|
CMRX
1432
DELISTED
Chimerix, Inc.
CMRX
| $3.96M | 0.01% |
143,382
-56,854
| -28% | -$1.38M |
|
|
CMLP
1433
CALL
DELISTED
CRESTWOOD MIDSTREAM PARTNERS LP NEW UTS REP LTD PRT INT (DE)
CMLP
| $3.93M | 0.01% |
+173,500
| New | +$3.88M |
|
1434
Healthpeak Properties
DOC
$15.1B
| $3.93M | 0.01% |
108,683
-100,594
| -48% | -$3.81M |
|
|
LMNX
1435
DELISTED
Luminex Corp
LMNX
| $3.92M | 0.01% |
201,246
-195,062
| -49% | -$3.57M |
|
|
IM
1436
DELISTED
Ingram Micro
IM
| $3.92M | 0.01% |
151,859
+93,577
| +161% | +$2.66M |
|
1437
Gentex
GNTX
$4.97B
| $3.9M | 0.01% |
291,482
-1,058,144
| -78% | -$15.4M |
|
|
ADVS
1438
DELISTED
Advent Software Inc
ADVS
| $3.9M | 0.01% |
123,536
+113,625
| +1,146% | +$3.65M |
|
1439
CALL
3M
MMM
$90.9B
| $3.9M | 0.01% |
32,890
| – | – |
|
|
FEIC
1440
DELISTED
FEI COMPANY
FEIC
| $3.88M | 0.01% |
+51,390
| New | +$4.32M |
|
1441
CALL
Civeo
CVEO
$345M
| $3.87M | 0.01% |
+27,783
| New | +$8.36M |
|
1442
SAP
SAP
$212B
| $3.86M | 0.01% |
53,463
+21,977
| +70% | +$1.71M |
|
|
ETP
1443
DELISTED
Energy Transfer Partners L.p.
ETP
| $3.84M | 0.01% |
+60,000
| New | +$3.47M |
|
|
CALY
1444
Callaway Golf Company
CALY
$3.32B
| $3.83M | 0.01% |
529,715
+475,064
| +869% | +$3.74M |
|
1445
PUT
Netflix
NFLX
$299B
| $3.83M | 0.01% |
+595,000
| New | +$3.86M |
|
|
WNRL
1446
CALL
DELISTED
Western Refining Logistics, LP
WNRL
| $3.82M | 0.01% |
+109,600
| New | +$3.65M |
|
|
TEP
1447
CALL
DELISTED
Tallgrass Energy Partners, LP
TEP
| $3.81M | 0.01% |
+84,000
| New | +$3.55M |
|
1448
PUT
NOV
NOV
$6.93B
| $3.81M | 0.01% |
50,000
-94,600
| -65% | -$7.82M |
|
|
B
1449
PUT
Barrick Mining
B
$61.5B
| $3.8M | 0.01% |
259,000
| – | – |
|
|
CMLP
1450
DELISTED
CRESTWOOD MIDSTREAM PARTNERS LP NEW UTS REP LTD PRT INT (DE)
CMLP
| $3.8M | 0.01% |
+167,500
| New | +$3.75M |
|
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.