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 | |
|---|---|---|---|---|---|---|
|
XNPT
1026
DELISTED
XENOPORT, INC.
XNPT
| $9.36M | 0.02% |
1,067,264
-363,772
| -25% | -$2.67M |
|
1027
Chubb
CB
$139B
| $9.36M | 0.02% |
81,436
-19,290
| -19% | -$2.14M |
|
|
FPRX
1028
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $9.34M | 0.02% |
345,772
+143,339
| +71% | +$2.47M |
|
|
DNY
1029
DELISTED
DONNELLEY R R & SONS CO
DNY
| $9.34M | 0.02% |
555,562
+506,777
| +1,039% | +$8.52M |
|
|
IRC
1030
DELISTED
INLAND REAL ESTATE CORP
IRC
| $9.33M | 0.02% |
852,111
-567,409
| -40% | -$6.02M |
|
|
DENN
1031
DELISTED
Denny's
DENN
| $9.33M | 0.02% |
904,592
+892,213
| +7,207% | +$7.91M |
|
1032
PUT
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $9.32M | 0.02% |
+150,000
| New | +$8.55M |
|
|
RAX
1033
DELISTED
Rackspace Hosting Inc
RAX
| $9.31M | 0.02% |
198,901
+181,707
| +1,057% | +$7.49M |
|
|
SIRO
1034
DELISTED
SIRONA DENTAL SYSTEMS INC COM STK
SIRO
| $9.31M | 0.02% |
106,574
+68,980
| +183% | +$5.7M |
|
1035
Kratos Defense & Security Solutions
KTOS
$9.13B
| $9.31M | 0.02% |
1,853,779
+805,735
| +77% | +$4.56M |
|
1036
Flex
FLEX
$40.2B
| $9.27M | 0.02% |
1,100,735
-111,738
| -9% | -$884K |
|
1037
Element Solutions
ESI
$9B
| $9.26M | 0.02% |
398,576
+384,876
| +2,809% | +$9.52M |
|
|
BTU
1038
PUT
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $9.26M | 0.02% |
79,713
-1,454
| -2% | -$217K |
|
|
AMED
1039
DELISTED
Amedisys
AMED
| $9.23M | 0.02% |
314,603
-108,501
| -26% | -$2.68M |
|
1040
PACCAR
PCAR
$69.4B
| $9.23M | 0.02% |
203,532
-235,739
| -54% | -$10.2M |
|
|
SEM
1041
DELISTED
Select Medical
SEM
| $9.22M | 0.02% |
1,188,527
+85,534
| +8% | +$624K |
|
|
NE
1042
PUT
DELISTED
Noble Corporation
NE
| $9.18M | 0.02% |
554,000
+365,300
| +194% | +$6.96M |
|
1043
Cabot Corp
CBT
$4.6B
| $9.16M | 0.02% |
208,968
+65,192
| +45% | +$2.94M |
|
|
ITC
1044
DELISTED
ITC HOLDINGS CORP
ITC
| $9.16M | 0.02% |
226,695
-629,237
| -74% | -$24.1M |
|
1045
T. Rowe Price
TROW
$25.4B
| $9.15M | 0.02% |
106,543
+64,092
| +151% | +$5.22M |
|
|
ANN
1046
DELISTED
ANN INC
ANN
| $9.14M | 0.02% |
250,598
+170,238
| +212% | +$6.41M |
|
1047
CALL
Cenovus Energy
CVE
$52.8B
| $9.14M | 0.02% |
+443,200
| New | +$10.2M |
|
|
DWRE
1048
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $9.11M | 0.02% |
158,258
-161,262
| -50% | -$9.07M |
|
|
ACRE
1049
Ares Commercial Real Estate
ACRE
$256M
| $9.1M | 0.02% |
792,791
+41,160
| +5% | +$488K |
|
|
DISCK
1050
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $9.1M | 0.02% |
+269,885
| New | +$9.2M |
|
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.