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 | |
|---|---|---|---|---|---|---|
826
Option Care Health
OPCH
$3.4B
| $13.1M | 0.03% |
469,241
-2,125
| -0.5% | -$52.7K |
|
|
KING
827
DELISTED
KING DIGITAL ENTMT PLC ORD SHS (IRL)
KING
| $13.1M | 0.03% |
853,320
+833,939
| +4,303% | +$11.8M |
|
828
Newell Brands
NWL
$2.16B
| $13.1M | 0.03% |
+343,745
| New | +$12.1M |
|
|
PTP
829
DELISTED
PLATINUM UNDERWRITERS HLDGS LTD
PTP
| $13.1M | 0.03% |
177,886
-303,754
| -63% | -$20.2M |
|
|
DNR
830
DELISTED
Denbury Resources, Inc.
DNR
| $13M | 0.03% |
1,601,814
+1,537,918
| +2,407% | +$16M |
|
831
Humana
HUM
$46.7B
| $13M | 0.03% |
90,448
-25,643
| -22% | -$3.5M |
|
|
UIL
832
DELISTED
UIL HOLDINGS
UIL
| $13M | 0.03% |
298,180
+134,062
| +82% | +$5.45M |
|
833
Applied Materials
AMAT
$426B
| $12.9M | 0.03% |
518,926
-2,804,169
| -84% | -$63.3M |
|
834
Hanover Insurance
THG
$7.63B
| $12.9M | 0.03% |
181,290
-23,920
| -12% | -$1.62M |
|
|
CTT
835
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $12.9M | 0.03% |
1,140,691
+183,346
| +19% | +$2.04M |
|
836
SunCoke Energy
SXC
$757M
| $12.9M | 0.03% |
666,933
+577,140
| +643% | +$12.1M |
|
|
KW
837
DELISTED
Kennedy-Wilson Holdings
KW
| $12.9M | 0.03% |
509,766
+200,564
| +65% | +$5.16M |
|
838
Douglas Emmett
DEI
$2.06B
| $12.9M | 0.03% |
+453,930
| New | +$12.5M |
|
839
Warner Bros
WBD
$64.6B
| $12.9M | 0.03% |
374,219
-280,486
| -43% | -$9.72M |
|
|
CA
840
DELISTED
CA, Inc.
CA
| $12.9M | 0.03% |
423,348
-406,393
| -49% | -$11.9M |
|
841
Woodward
WWD
$25B
| $12.9M | 0.03% |
261,470
+131,272
| +101% | +$6.51M |
|
842
IQVIA
IQV
$34.7B
| $12.9M | 0.03% |
218,642
-347,081
| -61% | -$19.8M |
|
|
CBI
843
PUT
DELISTED
Chicago Bridge & Iron Nv
CBI
| $12.9M | 0.03% |
306,500
+302,100
| +6,866% | +$14.9M |
|
|
IPXL
844
DELISTED
Impax Laboratories, Inc.
IPXL
| $12.8M | 0.03% |
404,596
+265,703
| +191% | +$7.78M |
|
845
CALL
Ulta Beauty
ULTA
$20.4B
| $12.8M | 0.03% |
100,200
-2,900
| -3% | -$355K |
|
846
Sonoco
SON
$5.76B
| $12.8M | 0.03% |
293,057
-484,099
| -62% | -$20M |
|
|
SIX
847
DELISTED
Six Flags Entertainment Corp.
SIX
| $12.8M | 0.03% |
296,519
-498,051
| -63% | -$19.6M |
|
848
Century Aluminum
CENX
$4.57B
| $12.7M | 0.03% |
521,799
-196,133
| -27% | -$5.06M |
|
849
LyondellBasell Industries
LYB
$19.5B
| $12.7M | 0.03% |
160,260
-227,759
| -59% | -$19.7M |
|
850
Waters Corp
WAT
$36.8B
| $12.7M | 0.03% |
112,407
-62,749
| -36% | -$6.87M |
|
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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.