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 | |
|---|---|---|---|---|---|---|
|
CIO
3701
DELISTED
City Office REIT
CIO
| $151K | ﹤0.01% |
+11,800
| New | +$154K |
|
|
BLDP
3702
Ballard Power Systems
BLDP
$865M
| $150K | ﹤0.01% |
75,884
+65,347
| +620% | +$160K |
|
|
CUTR
3703
DELISTED
Cutera, Inc.
CUTR
| $150K | ﹤0.01% |
+14,056
| New | +$143K |
|
3704
Western New England Bancorp
WNEB
$290M
| $149K | ﹤0.01% |
20,234
+2,727
| +16% | +$19.6K |
|
3705
PUT
KLA
KLAC
$266B
| $148K | ﹤0.01% |
+21,000
| New | +$155K |
|
|
JMEI
3706
DELISTED
Jumei International Holding Limited American depositary shares, each representing ten Class A ordina
JMEI
| $146K | ﹤0.01% |
+1,070
| New | +$218K |
|
|
REN
3707
DELISTED
Resolute Energy Corporaton
REN
| $145K | ﹤0.01% |
+21,922
| New | +$313K |
|
3708
Agilysys
AGYS
$2.91B
| $144K | ﹤0.01% |
11,465
-7,605
| -40% | -$88.5K |
|
3709
Alphatec Holdings
ATEC
$1.33B
| $144K | ﹤0.01% |
8,511
+1,919
| +29% | +$32.7K |
|
3710
Perion Network
PERI
$371M
| $144K | ﹤0.01% |
10,919
-5,457
| -33% | -$86.9K |
|
|
TSC
3711
DELISTED
TriState Capital Holdings, Inc.
TSC
| $144K | ﹤0.01% |
14,022
-33,952
| -71% | -$336K |
|
3712
PUT
Boston Scientific
BSX
$67.6B
| $142K | ﹤0.01% |
+10,700
| New | +$137K |
|
3713
Adecoagro
AGRO
$1.48B
| $140K | ﹤0.01% |
17,464
-115,229
| -87% | -$999K |
|
3714
CBIZ
CBZ
$2.39B
| $139K | ﹤0.01% |
16,187
-8,342
| -34% | -$72K |
|
3715
StealthGas
GASS
$329M
| $139K | ﹤0.01% |
+21,996
| New | +$162K |
|
|
SNMX
3716
DELISTED
Senomyx, Inc.
SNMX
| $139K | ﹤0.01% |
23,154
-9,000
| -28% | -$57.8K |
|
|
PRKR
3717
DELISTED
Parkervision Inc
PRKR
| $137K | ﹤0.01% |
+15,061
| New | +$160K |
|
3718
LifeVantage
LFVN
$80.4M
| $136K | ﹤0.01% |
14,976
+2,272
| +18% | +$20.8K |
|
|
TBCH
3719
Turtle Beach Corp
TBCH
$245M
| $135K | ﹤0.01% |
+10,551
| New | +$202K |
|
3720
PUT
Nabors Industries
NBR
$1.16B
| $134K | ﹤0.01% |
+206
| New | +$163K |
|
3721
Lakeland Industries
LAKE
$106M
| $133K | ﹤0.01% |
+14,235
| New | +$176K |
|
|
MFA
3722
MFA Financial
MFA
$927M
| $132K | ﹤0.01% |
4,125
-14,815
| -78% | -$488K |
|
|
APP
3723
DELISTED
AMERICAN APPAREL INC COM
APP
| $132K | ﹤0.01% |
127,883
+29,507
| +30% | +$21.2K |
|
3724
China Automotive Systems
CAAS
$132M
| $131K | ﹤0.01% |
+18,518
| New | +$154K |
|
|
ZAIS
3725
DELISTED
ZAIS Group Holdings, Inc.
ZAIS
| $131K | ﹤0.01% |
+12,585
| New | +$131K |
|
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.