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 | |
|---|---|---|---|---|---|---|
|
PCH
1751
DELISTED
PotlatchDeltic
PCH
| $2.38M | 0.01% |
59,099
+13,973
| +31% | +$583K |
|
|
WW
1752
PUT
DELISTED
WW International
WW
| $2.38M | 0.01% |
86,600
-200
| -0.2% | -$4.57K |
|
|
FPRX
1753
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $2.38M | 0.01% |
202,433
+94,734
| +88% | +$1.2M |
|
1754
Supernus Pharmaceuticals
SUPN
$2.59B
| $2.37M | 0.01% |
+272,545
| New | +$2.46M |
|
1755
CALL
AbbVie
ABBV
$443B
| $2.35M | 0.01% |
66,100
+62,100
| +1,553% | +$3.45M |
|
1756
XPO
XPO
$23.5B
| $2.35M | 0.01% |
+180,273
| New | +$1.97M |
|
|
SHOR
1757
DELISTED
ShoreTel, Inc.
SHOR
| $2.35M | 0.01% |
352,956
+133,905
| +61% | +$866K |
|
|
FLY
1758
DELISTED
Fly Leasing Limited
FLY
| $2.35M | 0.01% |
183,200
-60,659
| -25% | -$868K |
|
1759
BlackRock TCP Capital
TCPC
$273M
| $2.35M | 0.01% |
146,015
+73,751
| +102% | +$1.28M |
|
1760
Liberty Media Series A
FWONA
$22.5B
| $2.33M | 0.01% |
97,190
-279,253
| -74% | -$6.86M |
|
|
IPHI
1761
DELISTED
INPHI CORPORATION
IPHI
| $2.33M | 0.01% |
162,241
+75,107
| +86% | +$1.09M |
|
|
SCMP
1762
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
| $2.33M | 0.01% |
358,679
+58,860
| +20% | +$391K |
|
|
TSL
1763
DELISTED
Trina Solar Limited
TSL
| $2.33M | 0.01% |
193,156
-600,664
| -76% | -$7.5M |
|
1764
iShares MSCI Japan ETF
EWJ
$21.9B
| $2.33M | 0.01% |
49,405
+33,757
| +216% | +$1.61M |
|
1765
Bank of America
BAC
$435B
| $2.32M | 0.01% |
136,239
-2,533,083
| -95% | -$40.3M |
|
1766
HealthStream
HSTM
$819M
| $2.32M | 0.01% |
96,758
+68,563
| +243% | +$1.73M |
|
1767
AerCap
AER
$23.7B
| $2.32M | 0.01% |
56,764
-338,524
| -86% | -$15.4M |
|
|
CTRA
1768
DELISTED
Coterra Energy
CTRA
| $2.32M | 0.01% |
71,022
-536,993
| -88% | -$18M |
|
1769
CALL
Edwards Lifesciences
EW
$49.6B
| $2.32M | 0.01% |
136,200
+6,000
| +5% | +$94.7K |
|
|
RVBD
1770
DELISTED
RIVERBED TECHNOLOGY, INC COM
RVBD
| $2.31M | 0.01% |
124,759
+8,062
| +7% | +$152K |
|
|
ARRY
1771
DELISTED
Array Biopharma Inc
ARRY
| $2.31M | 0.01% |
647,452
+116,551
| +22% | +$459K |
|
1772
Rollins
ROL
$18.3B
| $2.31M | 0.01% |
266,156
+170,643
| +179% | +$1.49M |
|
1773
HUB Group
HUBG
$2.85B
| $2.31M | 0.01% |
113,756
-97,504
| -46% | -$2.22M |
|
|
MDR
1774
DELISTED
McDermott International
MDR
| $2.3M | 0.01% |
134,195
+114,195
| +571% | +$2.46M |
|
|
WW
1775
CALL
DELISTED
WW International
WW
| $2.3M | 0.01% |
83,800
-15,000
| -15% | -$342K |
|
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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.