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 | |
|---|---|---|---|---|---|---|
2301
Photronics
PLAB
$1.85B
| $995K | ﹤0.01% |
123,568
+71,515
| +137% | +$605K |
|
|
JASN
2302
DELISTED
Jason Industries, Inc.
JASN
| $995K | ﹤0.01% |
+96,165
| New | +$1.01M |
|
|
SYT
2303
CALL
DELISTED
Syngenta Ag
SYT
| $995K | ﹤0.01% |
+15,700
| New | +$1.11M |
|
2304
Foster
FSTR
$434M
| $994K | ﹤0.01% |
+21,634
| New | +$1.1M |
|
|
WG
2305
DELISTED
Willbros Group
WG
| $994K | ﹤0.01% |
119,306
+31,612
| +36% | +$346K |
|
2306
IDT Corp
IDT
$1.65B
| $993K | ﹤0.01% |
87,586
+20,629
| +31% | +$235K |
|
|
NSM
2307
DELISTED
Nationstar Mortgage Holdings
NSM
| $993K | ﹤0.01% |
+29,000
| New | +$962K |
|
2308
Universal Insurance Holdings
UVE
$1.23B
| $991K | ﹤0.01% |
76,620
+18,188
| +31% | +$237K |
|
2309
Churchill Downs
CHDN
$5.82B
| $990K | ﹤0.01% |
60,948
-18,864
| -24% | -$290K |
|
|
UGAZ
2310
DELISTED
VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2
UGAZ
| $989K | ﹤0.01% |
+5
| New | +$975K |
|
2311
CALL
Blackrock
BLK
$175B
| $985K | ﹤0.01% |
3,000
+1,900
| +173% | +$611K |
|
2312
Expeditors International
EXPD
$22.3B
| $981K | ﹤0.01% |
24,177
-702,167
| -97% | -$29.9M |
|
2313
Acco Brands
ACCO
$399M
| $979K | ﹤0.01% |
+141,917
| New | +$993K |
|
2314
PUT
Ciena
CIEN
$55.3B
| $978K | ﹤0.01% |
58,500
+21,600
| +59% | +$423K |
|
|
LHO
2315
DELISTED
LaSalle Hotel Properties
LHO
| $978K | ﹤0.01% |
+28,555
| New | +$1.02M |
|
2316
PUT
Iron Mountain
IRM
$36.9B
| $976K | ﹤0.01% |
29,900
-13,272
| -31% | -$430K |
|
2317
CALL
Nasdaq
NDAQ
$52.6B
| $976K | ﹤0.01% |
69,000
-11,700
| -14% | -$164K |
|
|
GES
2318
DELISTED
Guess Inc
GES
| $974K | ﹤0.01% |
44,345
-27,229
| -38% | -$686K |
|
|
TACO
2319
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $968K | ﹤0.01% |
100,000
| – | – |
|
2320
PUT
Martin Marietta Materials
MLM
$32.6B
| $967K | ﹤0.01% |
+7,500
| New | +$967K |
|
|
NE
2321
DELISTED
Noble Corporation
NE
| $967K | ﹤0.01% |
+43,507
| New | +$1.17M |
|
|
RHT
2322
PUT
DELISTED
Red Hat Inc
RHT
| $966K | ﹤0.01% |
17,200
+9,400
| +121% | +$548K |
|
|
SWS
2323
DELISTED
SWS GROUP INC
SWS
| $965K | ﹤0.01% |
140,035
-21,200
| -13% | -$153K |
|
2324
OneSpan
OSPN
$588M
| $964K | ﹤0.01% |
51,329
-45,145
| -47% | -$660K |
|
|
LHCG
2325
DELISTED
LHC Group LLC
LHCG
| $964K | ﹤0.01% |
+41,568
| New | +$983K |
|
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.