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 | |
|---|---|---|---|---|---|---|
|
IMPV
726
DELISTED
Imperva, Inc.
IMPV
| $15.6M | 0.03% |
315,166
+279,365
| +780% | +$11.2M |
|
727
Equinix
EQIX
$107B
| $15.5M | 0.03% |
68,477
+45,004
| +192% | +$9.73M |
|
728
Kimberly-Clark
KMB
$36.4B
| $15.5M | 0.03% |
134,255
-635,684
| -83% | -$70.5M |
|
729
Assurant
AIZ
$13.7B
| $15.5M | 0.03% |
225,918
+118,662
| +111% | +$7.9M |
|
|
CBST
730
PUT
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
| $15.4M | 0.03% |
+153,500
| New | +$11.9M |
|
731
Procter & Gamble
PG
$343B
| $15.4M | 0.03% |
+169,400
| New | +$14.9M |
|
732
ENI
E
$76B
| $15.4M | 0.03% |
441,854
+432,873
| +4,820% | +$17.3M |
|
733
Vanguard Short-Term Bond ETF
BSV
$44.6B
| $15.4M | 0.03% |
192,919
+22,983
| +14% | +$1.84M |
|
|
SNI
734
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $15.4M | 0.03% |
204,823
+99,882
| +95% | +$7.63M |
|
735
Intuit
INTU
$81.1B
| $15.4M | 0.03% |
166,910
+11,013
| +7% | +$980K |
|
|
TCF
736
DELISTED
TCF Financial Corporation Common Stock
TCF
| $15.3M | 0.03% |
500,321
-51,043
| -9% | -$1.47M |
|
737
Kilroy Realty
KRC
$4.58B
| $15.3M | 0.03% |
220,988
-292,457
| -57% | -$19.5M |
|
738
American Airlines Group
AAL
$9.58B
| $15.3M | 0.03% |
284,478
-596,566
| -68% | -$25.7M |
|
|
APC
739
CALL
DELISTED
Anadarko Petroleum
APC
| $15.2M | 0.03% |
184,600
+2,200
| +1% | +$192K |
|
740
CALL
Medtronic
MDT
$107B
| $15.2M | 0.03% |
210,700
+110,700
| +111% | +$7.69M |
|
741
AngloGold Ashanti
AU
$40.3B
| $15.2M | 0.03% |
1,747,493
+958,299
| +121% | +$9.04M |
|
742
Oaktree Specialty Lending
OCSL
$1.03B
| $15.2M | 0.03% |
632,484
+332,281
| +111% | +$8.59M |
|
743
Lincoln Electric
LECO
$13.8B
| $15.2M | 0.03% |
219,762
+90,225
| +70% | +$6.3M |
|
|
ALJ
744
DELISTED
Alon USA Energy Inc
ALJ
| $15.2M | 0.03% |
1,196,593
-2,089,814
| -64% | -$30M |
|
|
TWC
745
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $15.1M | 0.03% |
99,624
-577,628
| -85% | -$83.3M |
|
|
YOKU
746
DELISTED
YOUKU TUDOU INC.(CAYMAN ISLS)
YOKU
| $15.1M | 0.03% |
849,135
+696,763
| +457% | +$12.9M |
|
747
Pacira BioSciences
PCRX
$1.02B
| $15M | 0.03% |
169,274
+87,275
| +106% | +$8.26M |
|
748
McCormick & Company Non-Voting
MKC
$13.4B
| $15M | 0.03% |
403,710
+236,978
| +142% | +$8.48M |
|
|
TWC
749
PUT
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $15M | 0.03% |
98,400
| – | – |
|
750
Televisa
TV
$1.45B
| $14.9M | 0.03% |
437,021
+18,570
| +4% | +$645K |
|
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.