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 | |
|---|---|---|---|---|---|---|
876
SiriusXM
SIRI
$10B
| $12.1M | 0.03% |
344,770
+294,770
| +590% | +$10.1M |
|
877
Inogen
INGN
$167M
| $12.1M | 0.03% |
384,385
+261,010
| +212% | +$6.32M |
|
|
ARRS
878
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $12.1M | 0.03% |
399,355
-373,911
| -48% | -$10.6M |
|
879
Federated Hermes
FHI
$4.4B
| $12M | 0.03% |
365,897
+174,651
| +91% | +$5.4M |
|
880
W.R. Berkley
WRB
$28B
| $12M | 0.03% |
+793,223
| New | +$11.9M |
|
881
Ciena
CIEN
$55.3B
| $12M | 0.03% |
618,277
+340,005
| +122% | +$5.68M |
|
882
Bio-Rad Laboratories Class A
BIO
$8.42B
| $12M | 0.03% |
99,539
-8,684
| -8% | -$999K |
|
883
lululemon athletica
LULU
$13B
| $12M | 0.03% |
214,861
-310,744
| -59% | -$14.2M |
|
|
ALE
884
DELISTED
Allete
ALE
| $11.9M | 0.03% |
215,969
-48,486
| -18% | -$2.48M |
|
|
FDO
885
PUT
DELISTED
FAMILY DOLLAR STORES
FDO
| $11.9M | 0.03% |
150,000
| – | – |
|
886
PUT
Vertex Pharmaceuticals
VRTX
$121B
| $11.9M | 0.03% |
100,000
-200,000
| -67% | -$22.5M |
|
|
STL
887
DELISTED
Sterling Bancorp
STL
| $11.9M | 0.03% |
+825,868
| New | +$11.2M |
|
|
ARI
888
Apollo Commercial Real Estate
ARI
$887M
| $11.9M | 0.03% |
725,762
-109,694
| -13% | -$1.8M |
|
|
QIHU
889
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $11.9M | 0.03% |
206,992
-137,666
| -40% | -$9.08M |
|
|
ELNK
890
DELISTED
EarthLink Holdings Corp.
ELNK
| $11.8M | 0.03% |
2,696,826
-1,494,321
| -36% | -$5.88M |
|
891
Dana Inc
DAN
$2.91B
| $11.8M | 0.03% |
543,935
+86,024
| +19% | +$1.74M |
|
892
Kinross Gold
KGC
$28.5B
| $11.8M | 0.03% |
4,185,095
+386,706
| +10% | +$1.08M |
|
893
ArcBest
ARCB
$3.44B
| $11.8M | 0.03% |
254,484
-46,676
| -15% | -$1.89M |
|
894
Caleres
CAL
$396M
| $11.8M | 0.03% |
366,406
+284,407
| +347% | +$8.25M |
|
|
EQY
895
DELISTED
Equity One
EQY
| $11.8M | 0.03% |
464,525
-1,549,784
| -77% | -$37M |
|
|
CIR
896
DELISTED
CIRCOR International, Inc
CIR
| $11.8M | 0.03% |
+195,399
| New | +$12.9M |
|
|
SNBR
897
DELISTED
Sleep Number
SNBR
| $11.8M | 0.02% |
434,741
+396,614
| +1,040% | +$9.88M |
|
898
Raymond James Financial
RJF
$32.5B
| $11.7M | 0.02% |
306,419
+25,596
| +9% | +$939K |
|
899
Tidewater
TDW
$3.91B
| $11.7M | 0.02% |
11,186
+10,073
| +905% | +$11.4M |
|
900
Vanda Pharmaceuticals
VNDA
$312M
| $11.6M | 0.02% |
812,770
+193,191
| +31% | +$2.29M |
|
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.