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 | |
|---|---|---|---|---|---|---|
1826
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $2.09M | 0.01% |
20,209
+603
| +3% | +$62.5K |
|
|
DRWI
1827
DELISTED
DragonWave Inc
DRWI
| $2.09M | 0.01% |
68,000
+8,800
| +15% | +$345K |
|
|
WGL
1828
DELISTED
Wgl Holdings
WGL
| $2.09M | 0.01% |
49,622
+35,439
| +250% | +$1.48M |
|
1829
Thor Industries
THO
$4.04B
| $2.09M | 0.01% |
40,570
-51,213
| -56% | -$2.74M |
|
|
ACH
1830
Accendra Health
ACH
$245M
| $2.09M | 0.01% |
63,721
-52,722
| -45% | -$1.79M |
|
|
DDC
1831
DELISTED
Dominion Diamond Corporation
DDC
| $2.08M | 0.01% |
146,117
+51,443
| +54% | +$717K |
|
|
DATA
1832
DELISTED
Tableau Software, Inc.
DATA
| $2.08M | 0.01% |
28,619
-128,593
| -82% | -$8.42M |
|
|
CALL
1833
DELISTED
magicJack VocalTec Ltd
CALL
| $2.07M | 0.01% |
210,277
+149,409
| +245% | +$1.89M |
|
1834
PUT
Teradata
TDC
$3.01B
| $2.07M | 0.01% |
49,300
-3,000
| -6% | -$129K |
|
1835
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $2.06M | 0.01% |
94,182
+10,503
| +13% | +$236K |
|
1836
Hanmi Financial
HAFC
$949M
| $2.05M | 0.01% |
101,478
+6,592
| +7% | +$138K |
|
1837
Forward Air
FWRD
$454M
| $2.04M | 0.01% |
+45,626
| New | +$2.13M |
|
1838
CALL
Trip.com Group
TCOM
$29.3B
| $2.04M | 0.01% |
72,000
-18,800
| -21% | -$597K |
|
1839
Alaska Air
ALK
$5.62B
| $2.04M | 0.01% |
46,887
+779
| +2% | +$36.1K |
|
1840
Citi Trends
CTRN
$583M
| $2.04M | 0.01% |
92,348
+56,893
| +160% | +$1.24M |
|
|
AJRD
1841
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $2.03M | 0.01% |
+127,218
| New | +$2.29M |
|
1842
Standex International
SXI
$3.72B
| $2.02M | 0.01% |
27,284
-33,478
| -55% | -$2.42M |
|
1843
Federal Realty Investment Trust
FRT
$10.7B
| $2.02M | 0.01% |
+17,070
| New | +$2.09M |
|
|
MAGN
1844
Magnera Corp
MAGN
$479M
| $2.02M | 0.01% |
7,087
-2,152
| -23% | -$686K |
|
|
CATM
1845
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $2.02M | 0.01% |
57,454
-40,893
| -42% | -$1.46M |
|
1846
Tennant Co
TNC
$1.48B
| $2.02M | 0.01% |
30,104
+26,060
| +644% | +$1.87M |
|
1847
SunCoke Energy
SXC
$681M
| $2.02M | 0.01% |
89,793
-740,342
| -89% | -$17.1M |
|
1848
Rogers Corp
ROG
$2.22B
| $2.01M | 0.01% |
36,784
-11,686
| -24% | -$706K |
|
|
TSNU
1849
DELISTED
Tyson Foods, Inc.
TSNU
| $2.01M | 0.01% |
+40,000
| New | +$1.97M |
|
1850
PUT
General Mills
GIS
$19.4B
| $2.01M | 0.01% |
+39,900
| New | +$2.09M |
|
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.