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 |
CAM
CAMERON INTERNATIONAL CORPORATION
CAM
|
+$294M |
| 2 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$293M |
| 3 |
WLL
Whiting Petroleum Corporation
WLL
|
+$213M |
| 4 |
Xcel Energy
XEL
|
+$178M |
| 5 |
McDonald's
MCD
|
+$173M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BHI
Baker Hughes
BHI
|
+$255M |
| 2 |
Exelon
EXC
|
+$209M |
| 3 |
AbbVie
ABBV
|
+$199M |
| 4 |
CenterPoint Energy
CNP
|
+$130M |
| 5 |
American Electric Power
AEP
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.57% |
| 2 | Energy | 11.77% |
| 3 | Financials | 9.48% |
| 4 | Industrials | 8.04% |
| 5 | Consumer Discretionary | 7.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RAS
2726
DELISTED
RAIT Financial Trust
RAS
| $723K | ﹤0.01% |
94,322
+69,304
| +277% | +$511K |
|
|
TPC
2727
Tutor Perini Cor
TPC
$4.21B
| $721K | ﹤0.01% |
29,966
-32,901
| -52% | -$823K |
|
|
ALTR
2728
DELISTED
Altera Corp
ALTR
| $720K | ﹤0.01% |
+19,478
| New | +$689K |
|
|
RDS.A
2729
CALL
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $719K | ﹤0.01% |
+13,000
| New | +$899K |
|
2730
CALL
Salesforce
CRM
$151B
| $718K | ﹤0.01% |
12,100
+7,200
| +147% | +$425K |
|
2731
CALL
Weyerhaeuser
WY
$17.6B
| $718K | ﹤0.01% |
20,000
| – | – |
|
|
EPIQ
2732
DELISTED
EPIQ SYSTEMS INC
EPIQ
| $718K | ﹤0.01% |
42,042
+1,522
| +4% | +$25.8K |
|
|
MCRL
2733
DELISTED
MICREL INC
MCRL
| $717K | ﹤0.01% |
49,418
-63,737
| -56% | -$806K |
|
|
LADR
2734
Ladder Capital
LADR
$1.24B
| $715K | ﹤0.01% |
+45,411
| New | +$698K |
|
2735
CALL
Toyota
TM
$230B
| $715K | ﹤0.01% |
+5,700
| New | +$685K |
|
2736
Weis Markets
WMK
$1.91B
| $715K | ﹤0.01% |
14,946
+1,015
| +7% | +$44.4K |
|
|
BGG
2737
DELISTED
Briggs & Stratton Corp.
BGG
| $715K | ﹤0.01% |
35,018
-402,702
| -92% | -$7.91M |
|
2738
CALL
Trinity Industries
TRN
$2.99B
| $714K | ﹤0.01% |
+35,420
| New | +$854K |
|
|
PGN
2739
DELISTED
PARAGON OFFSHORE PLC (GBR)
PGN
| $712K | ﹤0.01% |
257,156
-285,886
| -53% | -$1.26M |
|
|
APOL
2740
DELISTED
Apollo Education Group Inc Class A
APOL
| $706K | ﹤0.01% |
20,701
-268,300
| -93% | -$7.91M |
|
2741
PUT
Dollar Tree
DLTR
$24.6B
| $704K | ﹤0.01% |
10,000
-9,600
| -49% | -$605K |
|
|
CEO
2742
CALL
DELISTED
CNOOC Limited
CEO
| $704K | ﹤0.01% |
+5,200
| New | +$779K |
|
2743
KLA
KLAC
$238B
| $703K | ﹤0.01% |
+100,000
| New | +$738K |
|
2744
PUT
The Mosaic Company
MOS
$7.3B
| $703K | ﹤0.01% |
15,400
-4,500
| -23% | -$199K |
|
2745
Northern Oil and Gas
NOG
$2.22B
| $703K | ﹤0.01% |
+12,441
| New | +$1.19M |
|
2746
PUT
Sensata Technologies
ST
$6.74B
| $702K | ﹤0.01% |
13,400
+6,500
| +94% | +$315K |
|
2747
PUT
Tapestry
TPR
$30.2B
| $702K | ﹤0.01% |
18,700
| – | – |
|
|
RYL
2748
CALL
DELISTED
RYLAND GROUP INC
RYL
| $702K | ﹤0.01% |
+18,200
| New | +$661K |
|
2749
Perdoceo Education
PRDO
$2.12B
| $698K | ﹤0.01% |
+100,286
| New | +$576K |
|
2750
Copa Holdings
CPA
$5.62B
| $697K | ﹤0.01% |
+6,724
| New | +$715K |
|
Similar funds
Millennium Management's Q4 2014 Portfolio in Review
As of Q4 2014, Millennium Management held 4,655 positions worth $47.2B, up 19% from $39.5B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Millennium Management deployed $7.43B of net new capital in Q4 2014, opening 1,009 new positions and adding to 1,528 existing holdings. Its largest new stake was Coca-Cola: 2,223,712 shares worth $93.9M.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 12% a quarter earlier, followed by Energy and Financials.
On the sell side, the largest reduction was Baker Hughes, an estimated $255M trimmed.
- Millennium Management's largest Q4 2014 buy was Coca-Cola: 2,223,712 shares worth $93.9M.
- Millennium Management added most to CAMERON INTERNATIONAL CORPORATION in Q4 2014, an estimated $294M increase.
- Millennium Management's biggest Q4 2014 reduction was Baker Hughes, cutting an estimated $255M.
- Millennium Management fully exited COVIDIEN PLC COM SHS NEW (IRELAND) in Q4 2014, selling an estimated $69M.
- Millennium Management's ten largest holdings make up 9.1% of its $47.2B portfolio in Q4 2014.
- Millennium Management opened 1,009 new positions and closed 792 in Q4 2014.
- Millennium Management's portfolio value rose 19% quarter-over-quarter to $47.2B.
Based on Millennium Management's 13F filing for Q4 2014, filed 17 Feb 2015.