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 | |
|---|---|---|---|---|---|---|
|
PEGI
176
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $45.5M | 0.12% |
1,470,336
+129,383
| +10% | +$4.11M |
|
177
FMC
FMC
$1.48B
| $45.3M | 0.11% |
913,510
+578,331
| +173% | +$32.9M |
|
|
AL
178
DELISTED
Air Lease Corp
AL
| $45.2M | 0.11% |
1,391,044
+1,228,923
| +758% | +$44.8M |
|
179
LXP Industrial Trust
LXP
$3.52B
| $45M | 0.11% |
919,839
+635,330
| +223% | +$34.5M |
|
|
BRS
180
DELISTED
Bristow Group, Inc.
BRS
| $45M | 0.11% |
669,831
+633,375
| +1,737% | +$45.8M |
|
181
Microsoft
MSFT
$3.35T
| $44.8M | 0.11% |
966,185
-39,726
| -4% | -$1.77M |
|
182
Liberty Global Class A
LBTYA
$3.56B
| $44.7M | 0.11% |
1,273,974
-232,019
| -15% | -$8.27M |
|
183
Electronic Arts
EA
$52.9B
| $44.6M | 0.11% |
1,251,163
+227,367
| +22% | +$8.29M |
|
184
BHP
BHP
$218B
| $44.4M | 0.11% |
892,780
+298,083
| +50% | +$17.3M |
|
185
Hancock Whitney
HWC
$6.14B
| $44.3M | 0.11% |
1,382,263
+605,727
| +78% | +$20.2M |
|
186
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $44.1M | 0.11% |
521,732
+52,908
| +11% | +$4.47M |
|
187
RTX Corp
RTX
$289B
| $44M | 0.11% |
+662,815
| New | +$45.5M |
|
188
NVIDIA
NVDA
$4.72T
| $44M | 0.11% |
95,470,680
+91,018,440
| +2,044% | +$42.9M |
|
189
Illinois Tool Works
ITW
$81.6B
| $44M | 0.11% |
521,462
-64,243
| -11% | -$5.56M |
|
190
Agnico Eagle Mines
AEM
$75.4B
| $43.8M | 0.11% |
1,509,733
+1,347,366
| +830% | +$50.1M |
|
191
Aramark
ARMK
$15.1B
| $43.8M | 0.11% |
2,305,816
+525,299
| +30% | +$10.1M |
|
192
Adobe
ADBE
$98.5B
| $43.8M | 0.11% |
632,544
-250,608
| -28% | -$17.8M |
|
|
EQY
193
DELISTED
Equity One
EQY
| $43.6M | 0.11% |
2,014,309
+1,527,735
| +314% | +$35.6M |
|
|
BBG
194
DELISTED
Bill Barrett Corp
BBG
| $43.6M | 0.11% |
1,976,065
+1,466,372
| +288% | +$34.2M |
|
195
Chevron
CVX
$383B
| $43.3M | 0.11% |
363,190
+336,616
| +1,267% | +$43M |
|
|
AVNR
196
DELISTED
AVANIR PHARMACEUTICALS, INC CL A
AVNR
| $43.2M | 0.11% |
3,622,397
-1,246,160
| -26% | -$8.51M |
|
197
Clearway Energy Class C
CWEN
$4.94B
| $43.2M | 0.11% |
1,835,194
+663,718
| +57% | +$17.3M |
|
|
GRFS
198
Grifois
GRFS
$5.58B
| $43M | 0.11% |
2,447,380
-547,886
| -18% | -$10.6M |
|
199
Merck
MRK
$321B
| $42.9M | 0.11% |
758,880
+582,261
| +330% | +$32.7M |
|
200
Air Products & Chemicals
APD
$66.8B
| $42.8M | 0.11% |
355,605
+241,948
| +213% | +$29.6M |
|
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.