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 | |
|---|---|---|---|---|---|---|
|
SKX
676
DELISTED
Skechers
SKX
| $17.7M | 0.04% |
962,991
+465,546
| +94% | +$8.7M |
|
|
NUAN
677
DELISTED
Nuance Communications, Inc.
NUAN
| $17.7M | 0.04% |
1,431,758
+140,655
| +11% | +$1.81M |
|
678
Omega Healthcare
OHI
$15.4B
| $17.7M | 0.04% |
452,602
+321,072
| +244% | +$12.2M |
|
679
PENN Entertainment
PENN
$2.74B
| $17.6M | 0.04% |
1,282,582
-1,207,656
| -48% | -$15.6M |
|
680
IBM
IBM
$202B
| $17.4M | 0.04% |
113,769
+86,109
| +311% | +$13.7M |
|
681
PUT
Cleveland-Cliffs
CLF
$6.81B
| $17.4M | 0.04% |
2,437,300
-1,020,900
| -30% | -$8.88M |
|
682
Hyatt Hotels
H
$17.6B
| $17.4M | 0.04% |
288,547
+6,401
| +2% | +$376K |
|
|
LSI
683
DELISTED
Life Storage, Inc.
LSI
| $17.4M | 0.04% |
298,727
-186,427
| -38% | -$10.4M |
|
684
James River Group Holdings
JRVR
$218M
| $17.2M | 0.04% |
+754,079
| New | +$16.6M |
|
685
Alkermes
ALKS
$8.82B
| $17.1M | 0.04% |
292,375
+98,648
| +51% | +$5.02M |
|
686
HUB Group
HUBG
$3.01B
| $17.1M | 0.04% |
897,986
+784,230
| +689% | +$14.6M |
|
687
Accuray
ARAY
$28.4M
| $17.1M | 0.04% |
2,262,281
+192,042
| +9% | +$1.35M |
|
688
CALL
NOV
NOV
$7.45B
| $17.1M | 0.04% |
260,400
+60,100
| +30% | +$4.19M |
|
689
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $17.1M | 0.04% |
82,976
+50,695
| +157% | +$10.2M |
|
690
Norwegian Cruise Line
NCLH
$8.89B
| $17M | 0.04% |
364,472
-682,825
| -65% | -$27.4M |
|
691
Cummins
CMI
$91.7B
| $17M | 0.04% |
118,083
-12,475
| -10% | -$1.76M |
|
692
Pacific Biosciences
PACB
$422M
| $17M | 0.04% |
2,167,018
+284,738
| +15% | +$1.82M |
|
|
WPX
693
DELISTED
WPX Energy, Inc.
WPX
| $17M | 0.04% |
1,459,698
-7,050,295
| -83% | -$113M |
|
694
Sanmina
SANM
$11.2B
| $17M | 0.04% |
721,239
+383,053
| +113% | +$8.76M |
|
|
PES
695
DELISTED
Pioneer Energy Services Corp.
PES
| $16.9M | 0.04% |
3,047,057
+291,600
| +11% | +$2.36M |
|
696
News Corp Class A
NWSA
$14.5B
| $16.9M | 0.04% |
+1,074,839
| New | +$16.5M |
|
697
Dentsply Sirona
XRAY
$2.59B
| $16.9M | 0.04% |
316,534
+63,177
| +25% | +$3.21M |
|
698
Compass Minerals
CMP
$1.24B
| $16.8M | 0.04% |
193,027
+143,996
| +294% | +$12.3M |
|
699
Sysco
SYY
$39.7B
| $16.8M | 0.04% |
422,202
-944,520
| -69% | -$36.6M |
|
700
Monster Beverage
MNST
$91.4B
| $16.7M | 0.04% |
925,410
+18,336
| +2% | +$316K |
|
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.