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 | |
|---|---|---|---|---|---|---|
|
BBRG
2951
DELISTED
Bravo Brio Restaurant Group Inc.
BBRG
| $518K | ﹤0.01% |
+37,236
| New | +$492K |
|
2952
Plains GP Holdings
PAGP
$5.2B
| $517K | ﹤0.01% |
7,559
+2,147
| +40% | +$153K |
|
2953
United Natural Foods
UNFI
$3.07B
| $517K | ﹤0.01% |
6,688
-173,956
| -96% | -$12.3M |
|
|
AEL
2954
DELISTED
American Equity Investment Life Holding Company
AEL
| $517K | ﹤0.01% |
17,700
-156,011
| -90% | -$4.06M |
|
2955
Benchmark Electronics
BHE
$2.76B
| $515K | ﹤0.01% |
20,228
-189,770
| -90% | -$4.46M |
|
2956
Silicom
SILC
$219M
| $514K | ﹤0.01% |
14,593
+2,424
| +20% | +$81K |
|
|
NMBL
2957
PUT
DELISTED
Nimble Storage, Inc.
NMBL
| $514K | ﹤0.01% |
+18,700
| New | +$497K |
|
2958
CALL
Diageo
DEO
$49.4B
| $513K | ﹤0.01% |
+4,500
| New | +$523K |
|
|
AGU
2959
DELISTED
Agrium
AGU
| $513K | ﹤0.01% |
5,421
+113
| +2% | +$10.6K |
|
|
KBAL
2960
DELISTED
Kimball International
KBAL
| $512K | ﹤0.01% |
+56,188
| New | +$605K |
|
2961
CALL
Cal-Maine
CALM
$4.42B
| $511K | ﹤0.01% |
13,100
+7,900
| +152% | +$336K |
|
2962
Vaalco Energy
EGY
$540M
| $510K | ﹤0.01% |
111,772
-26,278
| -19% | -$171K |
|
|
BPY
2963
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $510K | ﹤0.01% |
+22,288
| New | +$503K |
|
2964
Enanta Pharmaceuticals
ENTA
$367M
| $509K | ﹤0.01% |
10,000
-46,813
| -82% | -$2.1M |
|
2965
Thomson Reuters
TRI
$45.1B
| $509K | ﹤0.01% |
10,878
-536,413
| -98% | -$23.8M |
|
|
IRE
2966
DELISTED
GOVERNOR-BK OF IRELND ADS NEW
IRE
| $509K | ﹤0.01% |
+33,466
| New | +$520K |
|
2967
TFS Financial
TFSL
$5.18B
| $508K | ﹤0.01% |
+34,132
| New | +$504K |
|
|
ORIT
2968
DELISTED
Oritani Financial Corp. New
ORIT
| $506K | ﹤0.01% |
32,884
-105,420
| -76% | -$1.53M |
|
2969
CALL
NiSource
NI
$21.9B
| $505K | ﹤0.01% |
+30,286
| New | +$493K |
|
|
AFAM
2970
DELISTED
Almost Family Inc
AFAM
| $504K | ﹤0.01% |
+17,400
| New | +$488K |
|
2971
Inovio Pharmaceuticals
INO
$84.7M
| $502K | ﹤0.01% |
+4,555
| New | +$557K |
|
2972
NovaGold Resources
NG
$2.55B
| $502K | ﹤0.01% |
170,292
+102,292
| +150% | +$288K |
|
|
LOGM
2973
DELISTED
LogMein, Inc.
LOGM
| $502K | ﹤0.01% |
10,178
-54,002
| -84% | -$2.59M |
|
2974
Chemed
CHE
$6.87B
| $501K | ﹤0.01% |
+4,739
| New | +$501K |
|
|
IGTE
2975
DELISTED
IGATE CORPORATION
IGTE
| $501K | ﹤0.01% |
+12,682
| New | +$456K |
|
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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.