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 | |
|---|---|---|---|---|---|---|
476
Avient
AVNT
$3.45B
| $26.4M | 0.06% |
696,199
+181,285
| +35% | +$6.62M |
|
|
RPAI
477
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $26.4M | 0.06% |
1,581,395
+878,195
| +125% | +$13.8M |
|
|
LLL
478
DELISTED
L3 Technologies, Inc.
LLL
| $26.4M | 0.06% |
208,802
+116,145
| +125% | +$13.9M |
|
|
QVCGA
479
DELISTED
QVC Group Inc Series A
QVCGA
| $26.3M | 0.06% |
18,402
-22,386
| -55% | -$29.4M |
|
|
INSY
480
DELISTED
Insys Therapeutics, Inc.
INSY
| $26.2M | 0.06% |
1,242,700
-303,092
| -20% | -$5.99M |
|
481
The GEO Group
GEO
$4.13B
| $26.1M | 0.06% |
971,834
+871,233
| +866% | +$22.7M |
|
|
CST
482
DELISTED
CST Brands, Inc.
CST
| $26.1M | 0.06% |
598,051
+29,262
| +5% | +$1.18M |
|
483
Service Corp International
SCI
$11.4B
| $25.9M | 0.06% |
1,142,780
+879,510
| +334% | +$19.3M |
|
484
Masco
MAS
$16B
| $25.9M | 0.06% |
1,171,335
-765,690
| -40% | -$15.8M |
|
485
Terex
TEX
$7.98B
| $25.9M | 0.05% |
929,427
+743,579
| +400% | +$21.3M |
|
486
MGM Resorts International
MGM
$11.7B
| $25.9M | 0.05% |
1,211,557
+367,405
| +44% | +$7.98M |
|
487
Portland General Electric
POR
$6.02B
| $25.9M | 0.05% |
683,867
-224,976
| -25% | -$8.14M |
|
488
Columbia Banking Systems
COLB
$8.81B
| $25.8M | 0.05% |
933,080
+916,977
| +5,694% | +$24.7M |
|
|
SGEN
489
DELISTED
Seagen Inc. Common Stock
SGEN
| $25.7M | 0.05% |
800,479
+689,673
| +622% | +$24M |
|
|
KND
490
DELISTED
Kindred Healthcare
KND
| $25.7M | 0.05% |
1,414,519
+931,711
| +193% | +$18.4M |
|
|
COL
491
DELISTED
Rockwell Collins
COL
| $25.7M | 0.05% |
304,190
+120,146
| +65% | +$9.86M |
|
492
Equity Lifestyle Properties
ELS
$12.8B
| $25.7M | 0.05% |
995,984
-237,920
| -19% | -$5.72M |
|
493
CALL
SM Energy
SM
$7.96B
| $25.6M | 0.05% |
+664,800
| New | +$33.3M |
|
|
SNDK
494
DELISTED
SANDISK CORP
SNDK
| $25.6M | 0.05% |
261,210
+118,043
| +82% | +$11.3M |
|
|
WR
495
DELISTED
Westar Energy Inc
WR
| $25.6M | 0.05% |
620,327
+219,363
| +55% | +$8.37M |
|
|
DST
496
DELISTED
DST Systems Inc.
DST
| $25.5M | 0.05% |
542,354
-186,140
| -26% | -$8.71M |
|
497
Crane NXT
CXT
$3.04B
| $25.5M | 0.05% |
1,249,391
+423,121
| +51% | +$8.77M |
|
|
NYRT
498
DELISTED
New York REIT, Inc.
NYRT
| $25.4M | 0.05% |
+239,923
| New | +$26.1M |
|
|
MJN
499
DELISTED
Mead Johnson Nutrition Company
MJN
| $25.4M | 0.05% |
252,705
+5,472
| +2% | +$545K |
|
|
CVC
500
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $25.3M | 0.05% |
1,223,928
+558,938
| +84% | +$10.7M |
|
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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.