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 | |
|---|---|---|---|---|---|---|
3601
Axcelis
ACLS
$3.94B
| $208K | ﹤0.01% |
20,333
+7,980
| +65% | +$69.3K |
|
3602
PUT
Palo Alto Networks
PANW
$259B
| $208K | ﹤0.01% |
10,200
-72,000
| -88% | -$1.33M |
|
|
VLP
3603
CALL
DELISTED
Valero Energy Partners LP
VLP
| $208K | ﹤0.01% |
4,800
-15,200
| -76% | -$657K |
|
|
PX
3604
PUT
DELISTED
Praxair Inc
PX
| $207K | ﹤0.01% |
+1,600
| New | +$203K |
|
3605
Preferred Bank
PFBC
$1.23B
| $206K | ﹤0.01% |
+7,403
| New | +$188K |
|
3606
Peraso
PRSO
$10.5M
| $206K | ﹤0.01% |
14
+7
| +100% | +$115K |
|
|
SNOW
3607
DELISTED
Intrawest Resorts Holdings, Inc.
SNOW
| $206K | ﹤0.01% |
17,222
-3,238
| -16% | -$33.9K |
|
|
INFA
3608
PUT
DELISTED
INFORMATICA CORP
INFA
| $206K | ﹤0.01% |
+5,400
| New | +$194K |
|
|
RSH
3609
DELISTED
RADIOSHACK CORP
RSH
| $206K | ﹤0.01% |
556,313
+128,370
| +30% | +$97K |
|
|
CRESY
3610
Cresud
CRESY
$823M
| $205K | ﹤0.01% |
+22,869
| New | +$214K |
|
3611
PUT
Consolidated Edison
ED
$41.1B
| $205K | ﹤0.01% |
+3,100
| New | +$194K |
|
3612
CALL
Expedia Group
EXPE
$33.4B
| $205K | ﹤0.01% |
2,400
-700
| -23% | -$59.4K |
|
3613
PUT
Labcorp
LH
$24.7B
| $205K | ﹤0.01% |
+2,212
| New | +$195K |
|
3614
ProShares Ultra Bloomberg Crude Oil
UCO
$414M
| $205K | ﹤0.01% |
+316
| New | +$395K |
|
|
NTP
3615
DELISTED
Nam Tai Property Inc.
NTP
| $205K | ﹤0.01% |
43,200
+7,605
| +21% | +$38.4K |
|
|
RTI
3616
DELISTED
RTI INTL METALS INC(HLDG CO)
RTI
| $204K | ﹤0.01% |
8,085
-204,886
| -96% | -$4.82M |
|
3617
PUT
Cboe Global Markets
CBOE
$30.2B
| $203K | ﹤0.01% |
3,200
-6,600
| -67% | -$394K |
|
3618
Eagle Bancorp
EGBN
$858M
| $203K | ﹤0.01% |
5,729
-4,840
| -46% | -$167K |
|
3619
Horizon Technology Finance
HRZN
$294M
| $203K | ﹤0.01% |
14,486
+1,744
| +14% | +$24.3K |
|
3620
MGP Ingredients
MGPI
$384M
| $203K | ﹤0.01% |
+12,797
| New | +$176K |
|
|
CUDA
3621
DELISTED
Barracuda Networks, Inc.
CUDA
| $203K | ﹤0.01% |
+5,672
| New | +$187K |
|
|
XL
3622
CALL
DELISTED
XL Group Ltd.
XL
| $203K | ﹤0.01% |
+5,900
| New | +$201K |
|
3623
Hackett Group
HCKT
$255M
| $201K | ﹤0.01% |
22,838
-1,083
| -5% | -$8.38K |
|
3624
PUT
Abercrombie & Fitch
ANF
$4.41B
| $200K | ﹤0.01% |
7,000
-8,000
| -53% | -$246K |
|
3625
CALL
Suncor Energy
SU
$75.6B
| $200K | ﹤0.01% |
+6,300
| New | +$208K |
|
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.