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 | |
|---|---|---|---|---|---|---|
|
SAFM
2201
CALL
DELISTED
Sanderson Farms Inc
SAFM
| $1.15M | ﹤0.01% |
+13,100
| New | +$1.24M |
|
|
ARII
2202
DELISTED
American Railcar Industries, Inc.
ARII
| $1.15M | ﹤0.01% |
+15,586
| New | +$1.15M |
|
2203
CALL
Palo Alto Networks
PANW
$283B
| $1.15M | ﹤0.01% |
+70,200
| New | +$1.01M |
|
2204
Angi Inc
ANGI
$240M
| $1.14M | ﹤0.01% |
17,874
-27,051
| -60% | -$2.3M |
|
2205
Grupo Aeroportuario del Sureste
ASR
$8.36B
| $1.14M | ﹤0.01% |
8,867
-4,132
| -32% | -$529K |
|
|
SCLN
2206
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $1.14M | ﹤0.01% |
165,206
+102,159
| +162% | +$612K |
|
|
STR
2207
DELISTED
QUESTAR CORP
STR
| $1.13M | ﹤0.01% |
50,697
-523,369
| -91% | -$12.1M |
|
2208
DTE Energy
DTE
$29.5B
| $1.13M | ﹤0.01% |
17,391
-222,246
| -93% | -$14.4M |
|
2209
Navios Maritime Partners
NMM
$2.31B
| $1.13M | ﹤0.01% |
+4,211
| New | +$1.22M |
|
2210
Pultegroup
PHM
$24.6B
| $1.13M | ﹤0.01% |
63,709
-637,915
| -91% | -$12M |
|
2211
Pricesmart
PSMT
$6.08B
| $1.12M | ﹤0.01% |
13,127
-7,375
| -36% | -$641K |
|
2212
uniQure
QURE
$3.06B
| $1.12M | ﹤0.01% |
121,305
+16,063
| +15% | +$176K |
|
|
ZIXI
2213
DELISTED
Zix Corporation
ZIXI
| $1.12M | ﹤0.01% |
327,078
+128,673
| +65% | +$460K |
|
|
GK
2214
DELISTED
G&K Services Inc
GK
| $1.12M | ﹤0.01% |
20,163
-36,880
| -65% | -$1.96M |
|
|
RAI
2215
CALL
DELISTED
Reynolds American Inc
RAI
| $1.11M | ﹤0.01% |
37,800
-12,200
| -24% | -$355K |
|
2216
Akamai
AKAM
$17.1B
| $1.11M | ﹤0.01% |
18,602
-69,298
| -79% | -$4.17M |
|
|
LFC
2217
DELISTED
China Life Insurance Company Ltd.
LFC
| $1.11M | ﹤0.01% |
79,839
-70,794
| -47% | -$1.02M |
|
2218
CALL
Advance Auto Parts
AAP
$3.36B
| $1.11M | ﹤0.01% |
8,500
+600
| +8% | +$78.7K |
|
2219
BJ's Restaurants
BJRI
$1.45B
| $1.11M | ﹤0.01% |
+30,791
| New | +$1.09M |
|
|
MBLY
2220
DELISTED
Mobileye N.V.
MBLY
| $1.11M | ﹤0.01% |
+20,677
| New | +$903K |
|
2221
ResMed
RMD
$31.2B
| $1.11M | ﹤0.01% |
+22,468
| New | +$1.14M |
|
2222
New Mountain Finance
NMFC
$683M
| $1.11M | ﹤0.01% |
75,288
-23,045
| -23% | -$344K |
|
2223
Universal Electronics
UEIC
$59.6M
| $1.1M | ﹤0.01% |
+22,321
| New | +$1.15M |
|
|
CAMP
2224
DELISTED
CalAmp Corp.
CAMP
| $1.1M | ﹤0.01% |
2,717
-52
| -2% | -$22K |
|
2225
Koppers
KOP
$976M
| $1.1M | ﹤0.01% |
33,182
+3,640
| +12% | +$132K |
|
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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.