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 | |
|---|---|---|---|---|---|---|
1576
Artisan Partners
APAM
$2.79B
| $3.17M | 0.01% |
60,868
-185,268
| -75% | -$10M |
|
|
QLTY
1577
DELISTED
QUALITY DISTR INC FLA
QLTY
| $3.17M | 0.01% |
247,702
+115,234
| +87% | +$1.65M |
|
1578
Flotek Industries
FTK
$852M
| $3.17M | 0.01% |
20,233
-21,269
| -51% | -$3.64M |
|
1579
First Citizens BancShares
FCNCA
$24.9B
| $3.16M | 0.01% |
14,588
+10,398
| +248% | +$2.35M |
|
|
ARR
1580
Armour Residential REIT
ARR
$2.33B
| $3.15M | 0.01% |
20,429
-1,816
| -8% | -$305K |
|
|
PIR
1581
DELISTED
Pier 1 Imports, Inc.
PIR
| $3.15M | 0.01% |
13,227
-13,831
| -51% | -$4.15M |
|
1582
PUT
eBay
EBAY
$50.6B
| $3.14M | 0.01% |
131,868
+7,603
| +6% | +$169K |
|
1583
PUT
Southern Copper
SCCO
$143B
| $3.14M | 0.01% |
114,344
-23,084
| -17% | -$688K |
|
|
ACI
1584
DELISTED
ARCH COAL, INC.
ACI
| $3.13M | 0.01% |
+147,674
| New | +$4.42M |
|
1585
Extreme Networks
EXTR
$3.94B
| $3.12M | 0.01% |
+651,934
| New | +$3.16M |
|
1586
Verizon
VZ
$195B
| $3.12M | 0.01% |
62,363
-103,027
| -62% | -$5.12M |
|
1587
Wolverine World Wide
WWW
$1.61B
| $3.11M | 0.01% |
124,196
-35,378
| -22% | -$911K |
|
1588
CALL
Las Vegas Sands
LVS
$31.7B
| $3.11M | 0.01% |
50,000
-800
| -2% | -$55K |
|
|
PSMI
1589
DELISTED
PEREGRINE SEMICONDUCTOR CORP COM STK (DE)
PSMI
| $3.09M | 0.01% |
250,000
+206,257
| +472% | +$1.91M |
|
1590
AeroVironment
AVAV
$7.56B
| $3.09M | 0.01% |
102,764
+28,690
| +39% | +$914K |
|
1591
CALL
Arcturus Therapeutics
ARCT
$164M
| $3.09M | 0.01% |
+28,571
| New | +$3.72M |
|
1592
Trupanion
TRUP
$1.07B
| $3.09M | 0.01% |
+363,270
| New | +$3.37M |
|
1593
Enviri
NVRI
$623M
| $3.08M | 0.01% |
144,046
-194,898
| -58% | -$4.83M |
|
|
MZTI
1594
The Marzetti Company
MZTI
$2.93B
| $3.08M | 0.01% |
36,156
+33,913
| +1,512% | +$3.05M |
|
1595
Amazon
AMZN
$2.92T
| $3.08M | 0.01% |
+190,760
| New | +$3.17M |
|
|
RPT
1596
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $3.05M | 0.01% |
187,862
-917,446
| -83% | -$15.4M |
|
1597
State Street SPDR S&P Metals & Mining ETF
XME
$3.87B
| $3.05M | 0.01% |
+82,964
| New | +$3.47M |
|
1598
Gray Television
GTN
$415M
| $3.02M | 0.01% |
383,705
+94,264
| +33% | +$1.03M |
|
|
PNK
1599
PUT
DELISTED
Pinnacle Entertainment Inc.
PNK
| $3.01M | 0.01% |
+120,000
| New | +$2.94M |
|
1600
Ultrapar
UGP
$6.95B
| $3.01M | 0.01% |
+285,016
| New | +$3.38M |
|
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.