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 | |
|---|---|---|---|---|---|---|
1951
PUT
Berkshire Hathaway Class B
BRK.B
$1.11T
| $1.77M | ﹤0.01% |
12,800
-8,500
| -40% | -$1.13M |
|
|
BBBY
1952
PUT
DELISTED
Bed Bath & Beyond Inc
BBBY
| $1.76M | ﹤0.01% |
26,800
-60,000
| -69% | -$3.77M |
|
1953
OraSure Technologies
OSUR
$286M
| $1.76M | ﹤0.01% |
244,133
+21,771
| +10% | +$174K |
|
1954
Kemper
KMPR
$1.72B
| $1.76M | ﹤0.01% |
+51,563
| New | +$1.84M |
|
|
FIG
1955
CALL
DELISTED
Fortress Investment Group Llc
FIG
| $1.76M | ﹤0.01% |
+255,900
| New | +$1.89M |
|
1956
Radware
RDWR
$1.16B
| $1.75M | ﹤0.01% |
99,289
+75,325
| +314% | +$1.27M |
|
|
CTRL
1957
DELISTED
Control4 Corporation
CTRL
| $1.75M | ﹤0.01% |
135,529
+118,883
| +714% | +$1.87M |
|
|
NOAH
1958
Noah Holdings
NOAH
$584M
| $1.75M | ﹤0.01% |
130,494
+48,010
| +58% | +$727K |
|
|
MFRM
1959
PUT
DELISTED
MATTRESS FIRM HLDG CORP COM STK (DE)
MFRM
| $1.75M | ﹤0.01% |
+29,100
| New | +$1.58M |
|
1960
SiriusXM
SIRI
$10.2B
| $1.75M | ﹤0.01% |
50,000
-50,832
| -50% | -$1.78M |
|
|
IL
1961
DELISTED
IntraLinks Holdings Inc.
IL
| $1.74M | ﹤0.01% |
214,902
+185,619
| +634% | +$1.56M |
|
|
HAYN
1962
DELISTED
Haynes International, Inc.
HAYN
| $1.74M | ﹤0.01% |
+37,774
| New | +$1.93M |
|
1963
PUT
Designer Brands
DBI
$331M
| $1.73M | ﹤0.01% |
57,600
+46,600
| +424% | +$1.34M |
|
1964
PUT
Kroger
KR
$35.7B
| $1.73M | ﹤0.01% |
66,600
+57,600
| +640% | +$1.46M |
|
1965
UMB Financial
UMBF
$11.2B
| $1.73M | ﹤0.01% |
+31,726
| New | +$1.83M |
|
1966
Omnicom Group
OMC
$21.7B
| $1.73M | ﹤0.01% |
25,069
-459,287
| -95% | -$32.8M |
|
1967
National CineMedia
NCMI
$392M
| $1.72M | ﹤0.01% |
11,848
+8,317
| +236% | +$1.27M |
|
|
POT
1968
CALL
DELISTED
Potash Corp Of Saskatchewan
POT
| $1.72M | ﹤0.01% |
49,700
-186,700
| -79% | -$6.61M |
|
1969
Acadia Healthcare
ACHC
$2.85B
| $1.7M | ﹤0.01% |
35,144
-27,233
| -44% | -$1.33M |
|
1970
TechnipFMC
FTI
$27.1B
| $1.7M | ﹤0.01% |
42,134
-1,690,703
| -98% | -$74.7M |
|
1971
PUT
Factset
FDS
$9.59B
| $1.7M | ﹤0.01% |
14,000
+3,400
| +32% | +$420K |
|
1972
CALL
Tesla
TSLA
$1.27T
| $1.7M | ﹤0.01% |
+105,000
| New | +$1.73M |
|
|
VRN
1973
DELISTED
Veren
VRN
| $1.7M | ﹤0.01% |
50,813
+44,617
| +720% | +$1.65M |
|
|
RCPT
1974
CALL
DELISTED
RECEPTOS INC COM STK (DE)
RCPT
| $1.7M | ﹤0.01% |
+27,300
| New | +$1.3M |
|
1975
Caesarstone
CSTE
$75.4M
| $1.69M | ﹤0.01% |
32,720
-16,300
| -33% | -$812K |
|
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.