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 | |
|---|---|---|---|---|---|---|
1551
Manchester United
MANU
$3.97B
| $3.28M | 0.01% |
+199,047
| New | +$3.48M |
|
|
FNBC
1552
DELISTED
First NBC Bank Holding Company
FNBC
| $3.27M | 0.01% |
100,000
-85,995
| -46% | -$2.79M |
|
|
CPWR
1553
DELISTED
COMPUWARE CORP
CPWR
| $3.27M | 0.01% |
321,204
-1,786,181
| -85% | -$16.8M |
|
1554
CALL
Alcoa
AA
$11.9B
| $3.27M | 0.01% |
84,603
+1,374
| +2% | +$53.9K |
|
|
ENLC
1555
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $3.27M | 0.01% |
79,144
-114,381
| -59% | -$4.62M |
|
1556
Casey's General Stores
CASY
$32.2B
| $3.27M | 0.01% |
45,536
+11,129
| +32% | +$772K |
|
1557
American Homes 4 Rent
AMH
$12B
| $3.26M | 0.01% |
192,929
+60,011
| +45% | +$1.07M |
|
|
OME
1558
DELISTED
Omega Protein
OME
| $3.26M | 0.01% |
260,600
+166,976
| +178% | +$2.33M |
|
1559
Haemonetics
HAE
$3.89B
| $3.26M | 0.01% |
93,234
-2,000
| -2% | -$71.4K |
|
1560
La-Z-Boy
LZB
$1.58B
| $3.25M | 0.01% |
164,368
+9,672
| +6% | +$210K |
|
1561
Selective Insurance
SIGI
$5.65B
| $3.25M | 0.01% |
146,913
+74,496
| +103% | +$1.76M |
|
|
ETP
1562
CALL
DELISTED
Energy Transfer Partners, L.P.
ETP
| $3.25M | 0.01% |
+85,100
| New | +$4.03M |
|
1563
Polaris
PII
$3.82B
| $3.23M | 0.01% |
21,577
-311,250
| -94% | -$45M |
|
1564
PUT
Teekay
TK
$1.01B
| $3.23M | 0.01% |
48,700
-319,400
| -87% | -$18.8M |
|
|
HUB.A
1565
DELISTED
HUBBELL INC CL-A
HUB.A
| $3.22M | 0.01% |
25,945
| – | – |
|
|
GMLP
1566
DELISTED
Golar LNG Partners LP
GMLP
| $3.21M | 0.01% |
92,604
-29,936
| -24% | -$1.09M |
|
|
KS
1567
DELISTED
KapStone Paper and Pack Corp.
KS
| $3.2M | 0.01% |
+114,556
| New | +$3.48M |
|
|
RTN
1568
DELISTED
Raytheon Company
RTN
| $3.2M | 0.01% |
31,484
-357,415
| -92% | -$34.2M |
|
1569
Honda
HMC
$39.1B
| $3.19M | 0.01% |
93,128
-213,098
| -70% | -$7.37M |
|
1570
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.46B
| $3.18M | 0.01% |
65,228
+3,718
| +6% | +$181K |
|
1571
Bath & Body Works
BBWI
$4.06B
| $3.18M | 0.01% |
58,665
+53,190
| +972% | +$2.68M |
|
1572
Cullen/Frost Bankers
CFR
$10.3B
| $3.18M | 0.01% |
+41,517
| New | +$3.26M |
|
|
UTIW
1573
DELISTED
UTI WORLDWIDE INC
UTIW
| $3.17M | 0.01% |
+298,466
| New | +$3.02M |
|
1574
Sony
SONY
$137B
| $3.17M | 0.01% |
878,620
-8,375
| -0.9% | -$30.1K |
|
1575
AptarGroup
ATR
$8.55B
| $3.17M | 0.01% |
52,211
+18,487
| +55% | +$1.18M |
|
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.