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 | |
|---|---|---|---|---|---|---|
576
International Paper
IP
$22.3B
| $21.3M | 0.05% |
+419,229
| New | +$20.5M |
|
|
ACHN
577
DELISTED
Achillion Pharmaceuticals
ACHN
| $21.3M | 0.05% |
1,735,963
+350,798
| +25% | +$4.28M |
|
578
Deutsche Bank
DB
$66.3B
| $21.2M | 0.04% |
789,252
+772,932
| +4,736% | +$21.7M |
|
579
Yum! Brands
YUM
$41B
| $21.1M | 0.04% |
403,323
+256,399
| +175% | +$13.4M |
|
580
eBay
EBAY
$48.6B
| $21.1M | 0.04% |
892,753
+285,293
| +47% | +$6.47M |
|
|
FMSA
581
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
| $21M | 0.04% |
+3,039,456
| New | +$33.3M |
|
|
CERN
582
DELISTED
Cerner Corp
CERN
| $21M | 0.04% |
325,200
+196,075
| +152% | +$12.2M |
|
|
INFI
583
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $21M | 0.04% |
1,241,145
+32,165
| +3% | +$468K |
|
|
FBC
584
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $20.9M | 0.04% |
1,326,105
-265,651
| -17% | -$4.15M |
|
|
EXL
585
DELISTED
EXCEL TRUST , INC COM STK
EXL
| $20.8M | 0.04% |
1,555,088
-583,673
| -27% | -$7.47M |
|
|
PPS
586
DELISTED
Post Properties
PPS
| $20.8M | 0.04% |
+353,851
| New | +$19.9M |
|
|
MHR
587
DELISTED
MAGNUM HUNTER RESOURCES CORP (DEL)
MHR
| $20.8M | 0.04% |
6,614,255
+702,980
| +12% | +$3M |
|
588
iShares MSCI Hong Kong ETF
EWH
$1.22B
| $20.5M | 0.04% |
1,000,000
+979,466
| +4,770% | +$20.6M |
|
|
PWE
589
DELISTED
Penn West Energy Petroleum Ltd
PWE
| $20.5M | 0.04% |
9,841,715
+7,691,638
| +358% | +$30.3M |
|
|
ORIG
590
DELISTED
Ocean Rig UDW Inc. Class A Common Shares
ORIG
| $20.4M | 0.04% |
239
+161
| +206% | +$18.1M |
|
|
MACK
591
DELISTED
Merrimack Pharmaceuticals, Inc.
MACK
| $20.3M | 0.04% |
228,506
-24,578
| -10% | -$1.79M |
|
592
SEI Investments
SEIC
$11.9B
| $20.3M | 0.04% |
507,366
-11,307
| -2% | -$433K |
|
|
SRCI
593
DELISTED
SRC Energy Inc
SRCI
| $20.3M | 0.04% |
1,619,757
+1,339,892
| +479% | +$15.2M |
|
|
BECN
594
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $20.3M | 0.04% |
+729,021
| New | +$19.8M |
|
|
BEAV
595
DELISTED
B/E Aerospace Inc
BEAV
| $20.2M | 0.04% |
348,356
-278,059
| -44% | -$15.5M |
|
596
Unum
UNM
$13.8B
| $20.2M | 0.04% |
579,355
+190,482
| +49% | +$6.43M |
|
|
BPL
597
CALL
DELISTED
Buckeye Partners, L.P.
BPL
| $20.2M | 0.04% |
266,400
| – | – |
|
|
PVA
598
DELISTED
PENN VIRGINIA CORP
PVA
| $20.1M | 0.04% |
3,015,992
-323,447
| -10% | -$2.44M |
|
|
RAI
599
DELISTED
Reynolds American Inc
RAI
| $20.1M | 0.04% |
626,636
-325,628
| -34% | -$10.3M |
|
|
CBST
600
CALL
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
| $20.1M | 0.04% |
+200,000
| New | +$15.5M |
|
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.