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 | |
|---|---|---|---|---|---|---|
|
ESRX
2401
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $862K | ﹤0.01% |
12,200
+8,300
| +213% | +$591K |
|
|
SDRL
2402
DELISTED
Seadrill Limited Common Stock
SDRL
| $860K | ﹤0.01% |
+120
| New | +$1.13M |
|
|
EXAM
2403
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $860K | ﹤0.01% |
+26,269
| New | +$863K |
|
2404
CALL
Liberty Global Class A
LBTYA
$3.71B
| $859K | ﹤0.01% |
+30,918
| New | +$1.1M |
|
|
ARG
2405
DELISTED
Airgas Inc
ARG
| $857K | ﹤0.01% |
+7,746
| New | +$851K |
|
2406
Saic
SAIC
$5.08B
| $856K | ﹤0.01% |
19,346
+3,104
| +19% | +$137K |
|
|
FDML
2407
DELISTED
Federal-Mogul Holdings Corporation
FDML
| $850K | ﹤0.01% |
57,161
+42,106
| +280% | +$733K |
|
|
BBBY
2408
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $849K | ﹤0.01% |
12,900
-13,900
| -52% | -$874K |
|
2409
Century Communities
CCS
$1.96B
| $847K | ﹤0.01% |
+48,836
| New | +$982K |
|
|
TBI
2410
Trueblue
TBI
$229M
| $847K | ﹤0.01% |
33,539
-41,231
| -55% | -$1.14M |
|
2411
American Water Works
AWK
$26.1B
| $844K | ﹤0.01% |
17,490
-159,160
| -90% | -$7.78M |
|
2412
CALL
The Mosaic Company
MOS
$6.93B
| $844K | ﹤0.01% |
19,000
| – | – |
|
|
CALD
2413
DELISTED
Callidus Software, Inc.
CALD
| $844K | ﹤0.01% |
70,249
+33,095
| +89% | +$378K |
|
2414
CALL
Ashland
ASH
$3.29B
| $843K | ﹤0.01% |
16,556
-50,896
| -75% | -$2.65M |
|
2415
Community Bank
CBU
$3.5B
| $843K | ﹤0.01% |
+25,106
| New | +$888K |
|
2416
NeoGenomics
NEO
$2.04B
| $843K | ﹤0.01% |
161,750
+75,295
| +87% | +$387K |
|
|
OTIC
2417
DELISTED
Otonomy, Inc.
OTIC
| $843K | ﹤0.01% |
+35,123
| New | +$694K |
|
|
CLMS
2418
DELISTED
Calamos Asset Management, Inc.
CLMS
| $843K | ﹤0.01% |
74,823
-3,987
| -5% | -$50.4K |
|
|
OCSI
2419
DELISTED
Oaktree Strategic Income Corporation
OCSI
| $842K | ﹤0.01% |
71,250
+5,078
| +8% | +$65.8K |
|
2420
Lamar Advertising Co
LAMR
$16B
| $841K | ﹤0.01% |
+17,073
| New | +$879K |
|
|
BONT
2421
DELISTED
Bon-Ton Stores Inc/The
BONT
| $839K | ﹤0.01% |
+100,345
| New | +$965K |
|
2422
HDFC Bank
HDB
$124B
| $837K | ﹤0.01% |
71,852
-121,220
| -63% | -$1.47M |
|
|
EPAY
2423
DELISTED
Bottomline Technologies Inc
EPAY
| $826K | ﹤0.01% |
29,923
+18,179
| +155% | +$510K |
|
|
STI
2424
DELISTED
SunTrust Banks, Inc.
STI
| $826K | ﹤0.01% |
21,712
-597,455
| -96% | -$23.1M |
|
2425
Cameco
CCJ
$39.1B
| $824K | ﹤0.01% |
+46,662
| New | +$915K |
|
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.