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 | |
|---|---|---|---|---|---|---|
|
HAWK
3201
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $372K | ﹤0.01% |
9,859
-159,349
| -94% | -$5.67M |
|
|
FARM
3202
DELISTED
Farmer Brothers
FARM
| $371K | ﹤0.01% |
12,595
-5,856
| -32% | -$167K |
|
3203
PDF Solutions
PDFS
$1.87B
| $370K | ﹤0.01% |
24,893
-16,523
| -40% | -$216K |
|
|
CTXS
3204
PUT
DELISTED
Citrix Systems Inc
CTXS
| $370K | ﹤0.01% |
+7,284
| New | +$377K |
|
|
FMER
3205
DELISTED
FIRSTMERIT CORP
FMER
| $368K | ﹤0.01% |
+19,500
| New | +$351K |
|
|
EDE
3206
DELISTED
Empire District Electric
EDE
| $368K | ﹤0.01% |
+12,373
| New | +$342K |
|
3207
Hanmi Financial
HAFC
$948M
| $367K | ﹤0.01% |
16,845
-84,633
| -83% | -$1.76M |
|
3208
Univest Financial
UVSP
$1.25B
| $367K | ﹤0.01% |
18,128
+7,283
| +67% | +$144K |
|
|
NVRO
3209
DELISTED
NEVRO CORP.
NVRO
| $367K | ﹤0.01% |
+9,500
| New | +$299K |
|
|
AKAO
3210
DELISTED
Achaogen Inc
AKAO
| $367K | ﹤0.01% |
28,152
-42,398
| -60% | -$431K |
|
3211
PUT
International Flavors & Fragrances
IFF
$20.1B
| $365K | ﹤0.01% |
+3,600
| New | +$356K |
|
3212
Clear Channel Outdoor Holdings
CCO
$1.23B
| $364K | ﹤0.01% |
34,366
-20,734
| -38% | -$161K |
|
|
RRMS
3213
CALL
DELISTED
ROSE ROCK MIDSTREAM L P COM UNIT REPSTG LTD (DE)
RRMS
| $364K | ﹤0.01% |
8,000
| – | – |
|
3214
Zumiez
ZUMZ
$346M
| $362K | ﹤0.01% |
9,369
-3,931
| -30% | -$134K |
|
|
RXII
3215
DELISTED
GALENA BIOPHARMA INC COM
RXII
| $362K | ﹤0.01% |
239,644
+215,444
| +890% | +$325K |
|
|
WRES
3216
DELISTED
WARREN RESOURCES INC
WRES
| $361K | ﹤0.01% |
223,980
+81,165
| +57% | +$230K |
|
3217
Clean Harbors
CLH
$16B
| $360K | ﹤0.01% |
7,500
-61,330
| -89% | -$2.99M |
|
3218
PUT
DuPont de Nemours
DD
$19B
| $360K | ﹤0.01% |
3,120
+316
| +11% | +$38.5K |
|
3219
Park Aerospace
PKE
$740M
| $360K | ﹤0.01% |
14,422
-5,416
| -27% | -$132K |
|
|
RKT
3220
CALL
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $360K | ﹤0.01% |
5,900
-700
| -11% | -$38K |
|
3221
CALL
Ashland
ASH
$3.14B
| $359K | ﹤0.01% |
6,132
-10,424
| -63% | -$562K |
|
|
3222
PUT
Ashland
ASH
$3.14B
| $359K | ﹤0.01% |
6,132
-11,242
| -65% | -$606K |
|
3223
PUT
AvalonBay Communities
AVB
$27.4B
| $359K | ﹤0.01% |
2,200
-1,300
| -37% | -$204K |
|
3224
GoPro
GPRO
$121M
| $359K | ﹤0.01% |
5,672
+302
| +6% | +$22.3K |
|
3225
J&J Snack Foods
JJSF
$1.5B
| $359K | ﹤0.01% |
3,300
-320
| -9% | -$32.8K |
|
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.