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 | |
|---|---|---|---|---|---|---|
|
MRC
426
DELISTED
MRC Global
MRC
| $29.4M | 0.06% |
1,940,070
-1,795,957
| -48% | -$34.9M |
|
427
Manitowoc
MTW
$516M
| $29.2M | 0.06% |
1,460,759
+1,430,418
| +4,714% | +$26M |
|
428
L3Harris
LHX
$55.9B
| $29.2M | 0.06% |
406,455
-59,116
| -13% | -$4.09M |
|
|
PPLI
429
People Inc
PPLI
$3.1B
| $29M | 0.06% |
2,672,288
+67,251
| +3% | +$761K |
|
|
TSRO
430
DELISTED
TESARO, Inc.
TSRO
| $28.9M | 0.06% |
777,073
+191,741
| +33% | +$5.92M |
|
431
Charter Communications
CHTR
$14.7B
| $28.9M | 0.06% |
173,365
+95,112
| +122% | +$15M |
|
432
CNX Resources
CNX
$4.85B
| $28.9M | 0.06% |
1,024,314
-469,517
| -31% | -$14.2M |
|
433
Diamondrock Hospitality Co
DRH
$2.63B
| $28.7M | 0.06% |
1,927,711
+1,352,312
| +235% | +$19.2M |
|
434
Nucor
NUE
$56.4B
| $28.6M | 0.06% |
583,912
-37,120
| -6% | -$1.93M |
|
435
COPT Defense Properties
CDP
$4.31B
| $28.6M | 0.06% |
1,008,179
+944,122
| +1,474% | +$26M |
|
|
EE
436
DELISTED
El Paso Electric Company
EE
| $28.5M | 0.06% |
711,066
+502,446
| +241% | +$19M |
|
437
Vornado Realty Trust
VNO
$7.47B
| $28.5M | 0.06% |
330,603
+154,596
| +88% | +$12.4M |
|
438
Parker-Hannifin
PH
$125B
| $28.5M | 0.06% |
220,763
+163,118
| +283% | +$20M |
|
439
Autodesk
ADSK
$44.3B
| $28.4M | 0.06% |
473,362
+108,085
| +30% | +$6.25M |
|
440
APA Corp
APA
$12.8B
| $28.4M | 0.06% |
453,409
+84,158
| +23% | +$5.99M |
|
|
CXO
441
DELISTED
CONCHO RESOURCES INC.
CXO
| $28.4M | 0.06% |
284,823
+216,422
| +316% | +$22.7M |
|
|
UPL
442
PUT
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $28.3M | 0.06% |
2,149,200
+1,125,800
| +110% | +$22.7M |
|
443
Rockwell Automation
ROK
$51.4B
| $28.3M | 0.06% |
254,267
+111,719
| +78% | +$12.3M |
|
|
NSM
444
DELISTED
Nationstar Mortgage Holdings
NSM
| $28.2M | 0.06% |
1,000,675
+971,675
| +3,351% | +$30.1M |
|
|
DATA
445
DELISTED
Tableau Software, Inc.
DATA
| $28.2M | 0.06% |
332,444
+303,825
| +1,062% | +$24.2M |
|
446
Teradata
TDC
$2.68B
| $28.1M | 0.06% |
642,514
+467,529
| +267% | +$20M |
|
447
HP
HPQ
$23.5B
| $27.9M | 0.06% |
1,531,412
-1,990,222
| -57% | -$33.4M |
|
448
Quanta Services
PWR
$93.9B
| $27.9M | 0.06% |
982,622
+697,985
| +245% | +$21.9M |
|
449
Insulet
PODD
$11.3B
| $27.7M | 0.06% |
601,831
+540,692
| +884% | +$23.1M |
|
450
American Financial Group
AFG
$11.9B
| $27.7M | 0.06% |
456,151
+194,704
| +74% | +$11.6M |
|
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.