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 | |
|---|---|---|---|---|---|---|
|
RCAP
376
DELISTED
RCS CAPITAL CORPORATION CLASS A COM
RCAP
| $32.6M | 0.07% |
2,667,085
+902,421
| +51% | +$12.9M |
|
|
TYC
377
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $32.6M | 0.07% |
709,851
-49,000
| -6% | -$2.18M |
|
378
Eli Lilly
LLY
$1.07T
| $32.5M | 0.07% |
471,548
+471,544
| +11,788,600% | +$31.8M |
|
|
STJ
379
DELISTED
St Jude Medical
STJ
| $32.5M | 0.07% |
499,416
-908,321
| -65% | -$58.5M |
|
380
Public Service Enterprise Group
PEG
$39.8B
| $32.5M | 0.07% |
+783,933
| New | +$31.5M |
|
|
CLNY
381
DELISTED
Colony Capital, Inc.
CLNY
| $32.4M | 0.07% |
1,361,339
+526,715
| +63% | +$12.3M |
|
|
SPLS
382
DELISTED
Staples Inc
SPLS
| $32.4M | 0.07% |
1,786,803
+952,740
| +114% | +$13.3M |
|
|
SPPI
383
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $32.3M | 0.07% |
4,663,255
-35,000
| -0.7% | -$257K |
|
|
SFR
384
DELISTED
Starwood Waypoint Homes
SFR
| $32.2M | 0.07% |
1,220,973
-38,381
| -3% | -$992K |
|
385
Macerich
MAC
$7.32B
| $32.1M | 0.07% |
385,445
+216,865
| +129% | +$16M |
|
386
Honeywell
HON
$77.1B
| $32.1M | 0.07% |
357,900
+345,046
| +2,684% | +$29.7M |
|
|
AMAG
387
DELISTED
AMAG Pharmaceuticals
AMAG
| $32.1M | 0.07% |
753,386
-137,951
| -15% | -$4.98M |
|
|
AEGR
388
DELISTED
Aegerion Pharmaceuticals
AEGR
| $32M | 0.07% |
1,527,857
+1,329,099
| +669% | +$33.5M |
|
|
389
CenterPoint Energy
CNP
$29.1B
| $32M | 0.07% |
1,364,020
-5,449,393
| -80% | -$130M |
|
390
Ulta Beauty
ULTA
$20.4B
| $31.9M | 0.07% |
249,478
+166,354
| +200% | +$20.4M |
|
391
Westlake Corp
WLK
$9.46B
| $31.9M | 0.07% |
521,640
+399,598
| +327% | +$27.2M |
|
392
Vipshop
VIPS
$6.84B
| $31.8M | 0.07% |
1,629,690
+1,373,750
| +537% | +$29M |
|
393
CME Group
CME
$92.2B
| $31.7M | 0.07% |
357,901
+297,901
| +497% | +$25.2M |
|
394
VeriSign
VRSN
$25.3B
| $31.7M | 0.07% |
556,411
+284,835
| +105% | +$16.5M |
|
395
Honda
HMC
$36.5B
| $31.7M | 0.07% |
1,073,007
+979,879
| +1,052% | +$30.5M |
|
|
MHFI
396
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $31.6M | 0.07% |
355,142
+172,742
| +95% | +$15.2M |
|
|
ATW
397
DELISTED
Atwood Oceanics
ATW
| $31.6M | 0.07% |
1,113,697
-584,600
| -34% | -$20.8M |
|
398
Flotek Industries
FTK
$935M
| $31.5M | 0.07% |
280,389
+260,156
| +1,286% | +$32.1M |
|
|
HES
399
DELISTED
Hess
HES
| $31.5M | 0.07% |
426,811
-215,377
| -34% | -$17.1M |
|
400
Bank of America
BAC
$435B
| $31.5M | 0.07% |
1,758,337
+1,622,098
| +1,191% | +$27.8M |
|
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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.