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 | |
|---|---|---|---|---|---|---|
1701
Pan American Silver
PAAS
$18.2B
| $2.55M | 0.01% |
+232,432
| New | +$3.27M |
|
1702
Conagra Brands
CAG
$6.94B
| $2.55M | 0.01% |
99,215
-577,863
| -85% | -$14.2M |
|
|
HTWR
1703
DELISTED
HEARTWARE INTERNATIONAL INC COM STK (DE)
HTWR
| $2.55M | 0.01% |
32,833
+30,234
| +1,163% | +$2.5M |
|
|
SINA
1704
PUT
DELISTED
Sina Corp
SINA
| $2.55M | 0.01% |
61,900
-105,100
| -63% | -$4.93M |
|
|
FARO
1705
DELISTED
Faro Technologies
FARO
| $2.54M | 0.01% |
+50,156
| New | +$2.6M |
|
1706
Inogen
INGN
$175M
| $2.54M | 0.01% |
+123,375
| New | +$2.51M |
|
1707
CALL
Lazard
LAZ
$4.13B
| $2.54M | 0.01% |
+50,000
| New | +$2.62M |
|
1708
Worthington Enterprises
WOR
$2.75B
| $2.52M | 0.01% |
109,954
-347,930
| -76% | -$8.65M |
|
|
SVU
1709
DELISTED
SUPERVALU Inc.
SVU
| $2.52M | 0.01% |
40,309
-2,786
| -6% | -$179K |
|
1710
Gold Fields
GFI
$29B
| $2.52M | 0.01% |
646,784
+21,050
| +3% | +$87.1K |
|
|
SAGE
1711
DELISTED
Sage Therapeutics
SAGE
| $2.52M | 0.01% |
+80,078
| New | +$2.32M |
|
|
ANH
1712
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $2.52M | 0.01% |
525,265
-498,236
| -49% | -$2.55M |
|
1713
CALL
Five Below
FIVE
$12B
| $2.52M | 0.01% |
+63,500
| New | +$2.47M |
|
1714
Mativ Holdings
MATV
$481M
| $2.51M | 0.01% |
60,805
+33,701
| +124% | +$1.44M |
|
|
AXLL
1715
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $2.5M | 0.01% |
69,924
+57,124
| +446% | +$2.42M |
|
|
KSU
1716
CALL
DELISTED
Kansas City Southern
KSU
| $2.5M | 0.01% |
+20,600
| New | +$2.35M |
|
|
GRA
1717
DELISTED
W.R. Grace & Co.
GRA
| $2.49M | 0.01% |
27,415
-333,415
| -92% | -$31.9M |
|
|
XIFR
1718
XPLR Infrastructure LP
XIFR
$1.12B
| $2.49M | 0.01% |
+71,804
| New | +$2.51M |
|
1719
Children's Place
PLCE
$54.3M
| $2.49M | 0.01% |
+52,229
| New | +$2.64M |
|
1720
CALL
Texas Instruments
TXN
$252B
| $2.48M | 0.01% |
52,100
+1,200
| +2% | +$57.5K |
|
1721
ReWalk Robotics
LFWD
$20.3M
| $2.48M | 0.01% |
+35
| New | +$2.32M |
|
1722
Aecom
ACM
$9.3B
| $2.48M | 0.01% |
+73,448
| New | +$2.61M |
|
1723
NETGEAR
NTGR
$648M
| $2.48M | 0.01% |
+79,227
| New | +$2.62M |
|
1724
PRA Group
PRAA
$663M
| $2.48M | 0.01% |
+47,405
| New | +$2.73M |
|
1725
Hain Celestial
HAIN
$45M
| $2.47M | 0.01% |
48,292
-453,346
| -90% | -$21.1M |
|
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.