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 | |
|---|---|---|---|---|---|---|
1526
DHI Group
DHX
$182M
| $3.34M | 0.01% |
+399,099
| New | +$3.3M |
|
|
SQNS
1527
Sequans Communications SA
SQNS
$36.4M
| $3.34M | 0.01% |
16,883
-40
| -0.2% | -$7.41K |
|
|
PGN
1528
DELISTED
PARAGON OFFSHORE PLC (GBR)
PGN
| $3.34M | 0.01% |
+543,042
| New | +$4.53M |
|
|
IRF
1529
DELISTED
INTL RECTIFIER CORP
IRF
| $3.34M | 0.01% |
85,078
-45,414
| -35% | -$1.47M |
|
|
VSI
1530
DELISTED
Vitamin Shoppe Inc.
VSI
| $3.34M | 0.01% |
75,182
-700,155
| -90% | -$29.4M |
|
1531
Mercado Libre
MELI
$95.2B
| $3.33M | 0.01% |
30,694
+23,935
| +354% | +$2.49M |
|
1532
T. Rowe Price
TROW
$23.9B
| $3.33M | 0.01% |
42,451
-86,069
| -67% | -$6.91M |
|
|
EGL
1533
DELISTED
Engility Holdings, Inc.
EGL
| $3.33M | 0.01% |
106,708
+75,238
| +239% | +$2.64M |
|
1534
MGIC Investment
MTG
$6.16B
| $3.32M | 0.01% |
425,659
-1,145,720
| -73% | -$9.39M |
|
1535
Emcor
EME
$35.2B
| $3.32M | 0.01% |
83,124
-49,386
| -37% | -$2.12M |
|
|
MXIM
1536
DELISTED
Maxim Integrated Products
MXIM
| $3.32M | 0.01% |
109,717
-739,109
| -87% | -$23.3M |
|
1537
Kennametal
KMT
$2.59B
| $3.32M | 0.01% |
80,280
-368,196
| -82% | -$16.2M |
|
1538
Eldorado Gold
EGO
$7.87B
| $3.31M | 0.01% |
98,333
+7,191
| +8% | +$276K |
|
1539
PUT
Alcoa
AA
$11.9B
| $3.31M | 0.01% |
85,518
+2,289
| +3% | +$89.7K |
|
1540
PUT
Dollar General
DG
$28B
| $3.31M | 0.01% |
+54,100
| New | +$3.24M |
|
1541
iShares Core S&P Mid-Cap ETF
IJH
$122B
| $3.31M | 0.01% |
+120,885
| New | +$3.41M |
|
1542
CoStar Group
CSGP
$11.7B
| $3.31M | 0.01% |
212,460
-800,530
| -79% | -$11.9M |
|
|
ANN
1543
DELISTED
ANN INC
ANN
| $3.31M | 0.01% |
80,360
+4,261
| +6% | +$168K |
|
1544
Amdocs
DOX
$5.92B
| $3.3M | 0.01% |
71,970
-13,684
| -16% | -$641K |
|
|
FTD
1545
DELISTED
FTD Companies, Inc. Common Stock
FTD
| $3.3M | 0.01% |
96,770
+38,142
| +65% | +$1.24M |
|
1546
Brink's
BCO
$4.88B
| $3.3M | 0.01% |
+137,189
| New | +$3.68M |
|
1547
Regal Rexnord
RRX
$13.7B
| $3.3M | 0.01% |
51,318
+19,360
| +61% | +$1.39M |
|
|
IPXL
1548
DELISTED
Impax Laboratories, Inc.
IPXL
| $3.29M | 0.01% |
138,893
-198,997
| -59% | -$5.1M |
|
1549
MacroGenics
MGNX
$235M
| $3.29M | 0.01% |
157,363
+94,595
| +151% | +$1.96M |
|
|
NAV
1550
DELISTED
Navistar International
NAV
| $3.28M | 0.01% |
+99,682
| New | +$3.69M |
|
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.