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 | |
|---|---|---|---|---|---|---|
3551
CALL
Carlyle Group
CG
$16.7B
| $220K | ﹤0.01% |
8,000
-82,000
| -91% | -$2.33M |
|
|
CHMI
3552
Cherry Hill Mortgage Investment Corp
CHMI
$82.3M
| $220K | ﹤0.01% |
+11,900
| New | +$220K |
|
3553
Magnite
MGNI
$2.73B
| $220K | ﹤0.01% |
+13,600
| New | +$175K |
|
|
CBF
3554
DELISTED
Capital Bank Financial Corp. Class A Common Stock
CBF
| $220K | ﹤0.01% |
8,202
-23,375
| -74% | -$591K |
|
|
3555
CALL
American Electric Power
AEP
$72.7B
| $219K | ﹤0.01% |
+3,600
| New | +$206K |
|
|
3556
PUT
American Electric Power
AEP
$72.7B
| $219K | ﹤0.01% |
+3,600
| New | +$206K |
|
3557
PUT
Intercontinental Exchange
ICE
$84.1B
| $219K | ﹤0.01% |
+5,000
| New | +$214K |
|
|
SF
3558
CALL
Stifel
SF
$12.5B
| $219K | ﹤0.01% |
+9,675
| New | +$205K |
|
3559
Xerox
XRX
$357M
| $219K | ﹤0.01% |
+5,996
| New | +$211K |
|
|
TBNK
3560
DELISTED
Territorial Bancorp Inc.
TBNK
| $219K | ﹤0.01% |
+10,152
| New | +$215K |
|
|
AAC
3561
DELISTED
AAC Holdings
AAC
| $219K | ﹤0.01% |
+7,085
| New | +$180K |
|
|
CZR
3562
DELISTED
Caesars Entertainment Corporation
CZR
| $219K | ﹤0.01% |
13,945
+2,303
| +20% | +$30.8K |
|
3563
CALL
Chubb
CB
$139B
| $218K | ﹤0.01% |
1,900
-900
| -32% | -$99.6K |
|
3564
CALL
Deckers Outdoor
DECK
$13.6B
| $218K | ﹤0.01% |
14,400
-5,400
| -27% | -$82.2K |
|
|
ESSA
3565
DELISTED
ESSA Bancorp
ESSA
| $218K | ﹤0.01% |
18,132
+3,129
| +21% | +$35.9K |
|
3566
New York Times
NYT
$11.7B
| $218K | ﹤0.01% |
+16,500
| New | +$212K |
|
|
IMGN
3567
CALL
DELISTED
Immunogen Inc
IMGN
| $218K | ﹤0.01% |
+35,800
| New | +$327K |
|
3568
CALL
Scotiabank
BNS
$106B
| $217K | ﹤0.01% |
+4,015
| New | +$226K |
|
3569
Compugen
CGEN
$225M
| $217K | ﹤0.01% |
+26,008
| New | +$200K |
|
3570
Johnson Outdoors
JOUT
$494M
| $217K | ﹤0.01% |
+6,963
| New | +$204K |
|
3571
Malibu Boats
MBUU
$557M
| $217K | ﹤0.01% |
11,274
-3,511
| -24% | -$63.5K |
|
3572
Bank OZK
OZK
$5.5B
| $217K | ﹤0.01% |
+5,734
| New | +$200K |
|
3573
First Bancorp
FBNC
$2.59B
| $216K | ﹤0.01% |
+11,719
| New | +$204K |
|
3574
Sun Communities
SUI
$15B
| $216K | ﹤0.01% |
3,576
-114,505
| -97% | -$6.52M |
|
|
NWY
3575
DELISTED
New York & Co Inc
NWY
| $216K | ﹤0.01% |
81,741
+45,763
| +127% | +$127K |
|
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.