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 | |
|---|---|---|---|---|---|---|
2451
WSFS Financial
WSFS
$4.19B
| $784K | ﹤0.01% |
32,859
+16,350
| +99% | +$395K |
|
|
PAY
2452
PUT
DELISTED
Verifone Systems Inc
PAY
| $784K | ﹤0.01% |
22,800
-31,700
| -58% | -$1.12M |
|
|
X
2453
CALL
DELISTED
US Steel
X
| $783K | ﹤0.01% |
20,000
-447,000
| -96% | -$15.7M |
|
2454
UNIFI
UFI
$119M
| $780K | ﹤0.01% |
30,124
+2,641
| +10% | +$74.6K |
|
2455
PUT
McKesson
MCK
$96.8B
| $779K | ﹤0.01% |
4,000
+2,400
| +150% | +$462K |
|
2456
TriNet
TNET
$3.24B
| $779K | ﹤0.01% |
30,245
-46,062
| -60% | -$1.19M |
|
2457
CTS Corp
CTS
$1.86B
| $777K | ﹤0.01% |
48,883
+18,847
| +63% | +$335K |
|
|
TCS
2458
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $777K | ﹤0.01% |
+2,378
| New | +$805K |
|
2459
Forrester Research
FORR
$221M
| $772K | ﹤0.01% |
20,949
-4,444
| -18% | -$170K |
|
2460
CALL
Bread Financial
BFH
$4.48B
| $770K | ﹤0.01% |
+3,884
| New | +$816K |
|
|
2461
PUT
Bread Financial
BFH
$4.48B
| $770K | ﹤0.01% |
+3,884
| New | +$816K |
|
2462
iShares MSCI South Africa ETF
EZA
$547M
| $770K | ﹤0.01% |
12,010
+7,425
| +162% | +$517K |
|
2463
PUT
Campbell Soup
CPB
$6.67B
| $769K | ﹤0.01% |
+18,000
| New | +$788K |
|
|
GOOD
2464
Gladstone Commercial Corp
GOOD
$604M
| $768K | ﹤0.01% |
45,180
-35,161
| -44% | -$626K |
|
2465
CALL
Workday
WDAY
$40.8B
| $767K | ﹤0.01% |
+9,300
| New | +$794K |
|
|
CMA
2466
DELISTED
Comerica
CMA
| $766K | ﹤0.01% |
15,368
-26,539
| -63% | -$1.33M |
|
2467
Ezcorp Inc
EZPW
$1.86B
| $766K | ﹤0.01% |
77,306
-188,172
| -71% | -$1.95M |
|
2468
Gaming and Leisure Properties
GLPI
$12.7B
| $766K | ﹤0.01% |
24,775
-59,343
| -71% | -$2M |
|
2469
PUT
Exelixis
EXEL
$13.8B
| $765K | ﹤0.01% |
+500,000
| New | +$1.6M |
|
|
JCP
2470
DELISTED
J.C. Penney Company, Inc.
JCP
| $765K | ﹤0.01% |
76,167
-153,300
| -67% | -$1.5M |
|
2471
Hilltop Holdings
HTH
$2.28B
| $762K | ﹤0.01% |
37,998
-110,248
| -74% | -$2.28M |
|
|
MOBL
2472
DELISTED
MobileIron, Inc.
MOBL
| $760K | ﹤0.01% |
68,257
-209,519
| -75% | -$2.05M |
|
|
AMTG
2473
DELISTED
APOLLO RESIDENTIAL MTG INC COM STK
AMTG
| $759K | ﹤0.01% |
49,184
-70,232
| -59% | -$1.16M |
|
|
AAV
2474
DELISTED
Advantage Oil & Gas Ltd
AAV
| $757K | ﹤0.01% |
148,764
-309,160
| -68% | -$1.75M |
|
|
WRES
2475
DELISTED
WARREN RESOURCES INC
WRES
| $757K | ﹤0.01% |
142,815
+69,954
| +96% | +$428K |
|
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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.