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 | |
|---|---|---|---|---|---|---|
2801
Lipocine
LPCN
$17.6M
| $652K | ﹤0.01% |
7,288
+1,406
| +24% | +$119K |
|
2802
CALL
RPM International
RPM
$14.3B
| $649K | ﹤0.01% |
+12,800
| New | +$596K |
|
|
RVBD
2803
CALL
DELISTED
RIVERBED TECHNOLOGY, INC COM
RVBD
| $649K | ﹤0.01% |
+31,800
| New | +$611K |
|
2804
PUT
TransDigm Group
TDG
$73.2B
| $648K | ﹤0.01% |
+3,300
| New | +$622K |
|
|
JCP
2805
PUT
DELISTED
J.C. Penney Company, Inc.
JCP
| $648K | ﹤0.01% |
100,000
| – | – |
|
|
ACW
2806
DELISTED
Accuride Corp
ACW
| $648K | ﹤0.01% |
149,395
+8,483
| +6% | +$38.2K |
|
2807
Coherent
COHR
$47.6B
| $647K | ﹤0.01% |
47,431
-175,882
| -79% | -$2.29M |
|
2808
Factset
FDS
$10.1B
| $647K | ﹤0.01% |
+4,600
| New | +$611K |
|
|
DBD
2809
DELISTED
Diebold Nixdorf Incorporated
DBD
| $646K | ﹤0.01% |
18,650
+7,488
| +67% | +$264K |
|
2810
Steven Madden
SHOO
$3.22B
| $644K | ﹤0.01% |
30,359
+12,920
| +74% | +$276K |
|
|
NJ
2811
DELISTED
NIDEC CP (NIHON KABUSHIKI KAISHA)1 ADS REPTG .25 SH COM STK
NJ
| $644K | ﹤0.01% |
39,746
+23,211
| +140% | +$377K |
|
|
GFIG
2812
DELISTED
GFI GROUP INC
GFIG
| $643K | ﹤0.01% |
117,948
+94,651
| +406% | +$496K |
|
|
FSP
2813
Franklin Street Properties
FSP
$50.1M
| $641K | ﹤0.01% |
52,254
-43,313
| -45% | -$518K |
|
2814
PUT
PVH
PVH
$4.01B
| $641K | ﹤0.01% |
+5,000
| New | +$600K |
|
|
MR
2815
DELISTED
Montage Resources Corporation Common Stock
MR
| $640K | ﹤0.01% |
+6,069
| New | +$1.01M |
|
|
KMI.WS
2816
DELISTED
Kinder Morgan Inc
KMI.WS
| $639K | ﹤0.01% |
150,085
| – | – |
|
|
HDV
2817
iShares Core High Dividend ETF
HDV
$14.7B
| $638K | ﹤0.01% |
41,665
+25,150
| +152% | +$383K |
|
2818
Arbor Realty Trust
ABR
$979M
| $636K | ﹤0.01% |
93,900
+26,700
| +40% | +$179K |
|
|
SPTN
2819
DELISTED
SpartanNash
SPTN
| $636K | ﹤0.01% |
24,336
-54,284
| -69% | -$1.25M |
|
2820
Melco Resorts & Entertainment
MLCO
$2.19B
| $635K | ﹤0.01% |
25,000
-218,383
| -90% | -$5.47M |
|
|
LUX
2821
DELISTED
Luxottica Group
LUX
| $634K | ﹤0.01% |
11,645
-1,370
| -11% | -$70.5K |
|
2822
CALL
Dollar Tree
DLTR
$24.4B
| $633K | ﹤0.01% |
9,000
-8,100
| -47% | -$511K |
|
2823
CALL
Fastenal
FAST
$55.2B
| $633K | ﹤0.01% |
+53,200
| New | +$596K |
|
2824
Shenandoah Telecom
SHEN
$655M
| $631K | ﹤0.01% |
40,400
-4,682
| -10% | -$66.2K |
|
2825
CALL
Emerson Electric
EMR
$85B
| $630K | ﹤0.01% |
10,200
-4,100
| -29% | -$257K |
|
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.