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 | |
|---|---|---|---|---|---|---|
2901
Foster
FSTR
$439M
| $549K | ﹤0.01% |
11,300
-10,334
| -48% | -$504K |
|
2902
PUT
Diageo
DEO
$49.4B
| $548K | ﹤0.01% |
+4,800
| New | +$558K |
|
2903
CALL
Rio Tinto
RIO
$149B
| $548K | ﹤0.01% |
+11,900
| New | +$561K |
|
2904
PUT
Union Pacific
UNP
$175B
| $548K | ﹤0.01% |
4,600
+1,100
| +31% | +$126K |
|
2905
CALL
Zions Bancorporation
ZION
$10.1B
| $547K | ﹤0.01% |
+19,200
| New | +$542K |
|
|
DISH
2906
CALL
DELISTED
DISH Network Corp.
DISH
| $547K | ﹤0.01% |
+7,500
| New | +$505K |
|
|
DISH
2907
PUT
DELISTED
DISH Network Corp.
DISH
| $547K | ﹤0.01% |
+7,500
| New | +$505K |
|
2908
PUT
Helmerich & Payne
HP
$3.31B
| $546K | ﹤0.01% |
+8,100
| New | +$631K |
|
|
CHS
2909
CALL
DELISTED
Chicos FAS, Inc.
CHS
| $546K | ﹤0.01% |
33,700
-11,200
| -25% | -$172K |
|
2910
AMC Global Media
AMCX
$451M
| $542K | ﹤0.01% |
+8,500
| New | +$513K |
|
|
GES
2911
CALL
DELISTED
Guess Inc
GES
| $540K | ﹤0.01% |
+25,600
| New | +$546K |
|
2912
JPMorgan Chase
JPM
$950B
| $538K | ﹤0.01% |
+8,600
| New | +$518K |
|
|
CBK
2913
DELISTED
Christopher & Banks Corporation
CBK
| $538K | ﹤0.01% |
94,253
+28,735
| +44% | +$183K |
|
2914
CALL
Molson Coors Class B
TAP
$7.97B
| $537K | ﹤0.01% |
7,200
+4,100
| +132% | +$304K |
|
|
MODN
2915
DELISTED
MODEL N, INC.
MODN
| $537K | ﹤0.01% |
50,550
+29,633
| +142% | +$300K |
|
|
EXAM
2916
CALL
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $537K | ﹤0.01% |
+12,900
| New | +$492K |
|
2917
PUT
American Airlines Group
AAL
$10.2B
| $536K | ﹤0.01% |
+10,000
| New | +$431K |
|
|
SBR
2918
Sabine Royalty Trust
SBR
$1.07B
| $536K | ﹤0.01% |
+14,970
| New | +$706K |
|
|
IMBI
2919
DELISTED
iMedia Brands, Inc. Class A Common Stock
IMBI
| $536K | ﹤0.01% |
+8,137
| New | +$508K |
|
|
ARUN
2920
PUT
DELISTED
ARUBA NETWORKS, INC.
ARUN
| $536K | ﹤0.01% |
+29,500
| New | +$588K |
|
2921
Emergent Biosolutions
EBS
$377M
| $535K | ﹤0.01% |
19,643
+3,943
| +25% | +$94K |
|
2922
Great Elm Group
GEG
$68M
| $535K | ﹤0.01% |
+44,553
| New | +$760K |
|
2923
Resources Connection
RGP
$136M
| $535K | ﹤0.01% |
32,531
-12,023
| -27% | -$182K |
|
|
N
2924
DELISTED
Netsuite Inc
N
| $535K | ﹤0.01% |
+4,900
| New | +$500K |
|
2925
Phillips 66
PSX
$82.5B
| $534K | ﹤0.01% |
7,444
-59,098
| -89% | -$4.36M |
|
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.