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 | |
|---|---|---|---|---|---|---|
3276
Installed Building Products
IBP
$6.4B
| $330K | ﹤0.01% |
+18,525
| New | +$298K |
|
3277
CALL
Keurig Dr Pepper
KDP
$42.2B
| $330K | ﹤0.01% |
4,600
-3,300
| -42% | -$229K |
|
3278
Ocugen
OCGN
$420M
| $330K | ﹤0.01% |
+500
| New | +$330K |
|
3279
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.4B
| $330K | ﹤0.01% |
+3,830
| New | +$331K |
|
3280
PUT
VF Corp
VFC
$6.92B
| $330K | ﹤0.01% |
+4,673
| New | +$309K |
|
|
SIMG
3281
DELISTED
SILICON IMAGE INC
SIMG
| $330K | ﹤0.01% |
59,740
-19,073
| -24% | -$102K |
|
|
WILN
3282
DELISTED
Wi-LAN Inc.
WILN
| $329K | ﹤0.01% |
109,958
-37,356
| -25% | -$118K |
|
3283
Churchill Downs
CHDN
$6.22B
| $328K | ﹤0.01% |
20,622
-40,326
| -66% | -$656K |
|
3284
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.72B
| $328K | ﹤0.01% |
+7,448
| New | +$342K |
|
3285
Idacorp
IDA
$8.24B
| $328K | ﹤0.01% |
+4,953
| New | +$304K |
|
3286
Invesco Golden Dragon China ETF
PGJ
$94.6M
| $328K | ﹤0.01% |
+11,789
| New | +$349K |
|
|
INVN
3287
DELISTED
Invensense Inc
INVN
| $328K | ﹤0.01% |
20,200
-43,540
| -68% | -$731K |
|
|
VTG
3288
DELISTED
VANTAGE DRILLING COMPANY ORD SHS (KY)
VTG
| $328K | ﹤0.01% |
+670,537
| New | +$557K |
|
3289
PUT
International Paper
IP
$23.4B
| $327K | ﹤0.01% |
+6,442
| New | +$315K |
|
3290
CALL
Principal Financial Group
PFG
$24.7B
| $327K | ﹤0.01% |
+6,300
| New | +$327K |
|
3291
PUT
Voya Financial
VOYA
$9.05B
| $326K | ﹤0.01% |
+7,700
| New | +$308K |
|
|
AIMC
3292
DELISTED
Altra Industrial Motion Corp
AIMC
| $326K | ﹤0.01% |
11,497
-52,692
| -82% | -$1.56M |
|
|
3293
PUT
Keurig Dr Pepper
KDP
$42.2B
| $323K | ﹤0.01% |
4,500
-2,600
| -37% | -$180K |
|
3294
American Eagle Outfitters
AEO
$3B
| $322K | ﹤0.01% |
+23,200
| New | +$314K |
|
3295
CALL
Acuity Brands
AYI
$10.3B
| $322K | ﹤0.01% |
2,300
+400
| +21% | +$54.3K |
|
3296
Mattel
MAT
$4.46B
| $322K | ﹤0.01% |
10,400
-703,738
| -99% | -$21.6M |
|
|
SCAI
3297
DELISTED
Surgical Care Affiliates, Inc.
SCAI
| $322K | ﹤0.01% |
9,583
-52,393
| -85% | -$1.61M |
|
3298
PUT
Bath & Body Works
BBWI
$4.15B
| $320K | ﹤0.01% |
+4,577
| New | +$282K |
|
3299
Loews
L
$24.6B
| $319K | ﹤0.01% |
7,599
-250,452
| -97% | -$10.5M |
|
3300
CALL
Tapestry
TPR
$30.4B
| $319K | ﹤0.01% |
8,500
-1,100
| -11% | -$38.8K |
|
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.