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 | |
|---|---|---|---|---|---|---|
1051
Zillow
ZG
$7.42B
| $9.1M | 0.02% |
257,766
-443,274
| -63% | -$16.3M |
|
|
IMGN
1052
DELISTED
Immunogen Inc
IMGN
| $9.09M | 0.02% |
1,489,435
+1,342,935
| +917% | +$12.3M |
|
|
CIM
1053
Chimera Investment
CIM
$1.05B
| $9.05M | 0.02% |
189,682
+85,041
| +81% | +$4.11M |
|
1054
Werner Enterprises
WERN
$2.42B
| $9.03M | 0.02% |
289,956
+147,361
| +103% | +$4.15M |
|
|
AAT
1055
American Assets Trust
AAT
$1.51B
| $9.02M | 0.02% |
226,508
+10,739
| +5% | +$406K |
|
1056
El Pollo Loco
LOCO
$489M
| $9.01M | 0.02% |
+451,065
| New | +$13.6M |
|
|
OWW
1057
DELISTED
ORBITZ WORLDWIDE, INC
OWW
| $9M | 0.02% |
1,093,916
-620,244
| -36% | -$4.97M |
|
1058
Old Dominion Freight Line
ODFL
$46.9B
| $9M | 0.02% |
347,595
+123,819
| +55% | +$3.07M |
|
1059
UDR
UDR
$12.8B
| $8.96M | 0.02% |
290,836
+19,329
| +7% | +$579K |
|
|
DCH
1060
Dauch Corp
DCH
$1.3B
| $8.96M | 0.02% |
396,532
+138,535
| +54% | +$2.76M |
|
|
CYNO
1061
DELISTED
Cynosure, Inc. Class A
CYNO
| $8.93M | 0.02% |
325,748
-152,706
| -32% | -$3.88M |
|
|
PIR
1062
DELISTED
Pier 1 Imports, Inc.
PIR
| $8.92M | 0.02% |
28,954
+15,727
| +119% | +$4.19M |
|
1063
Andersons Inc
ANDE
$2.53B
| $8.9M | 0.02% |
167,510
+82,810
| +98% | +$4.68M |
|
1064
DexCom
DXCM
$28.3B
| $8.88M | 0.02% |
644,848
+510,696
| +381% | +$6.25M |
|
1065
Prospect Capital
PSEC
$1.14B
| $8.87M | 0.02% |
1,073,713
+390,716
| +57% | +$3.6M |
|
1066
Kroger
KR
$35.7B
| $8.87M | 0.02% |
276,214
+176,032
| +176% | +$5.1M |
|
|
SWI
1067
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $8.87M | 0.02% |
177,913
+76,780
| +76% | +$3.66M |
|
1068
CALL
GE Aerospace
GE
$372B
| $8.85M | 0.02% |
73,032
| – | – |
|
|
RVBD
1069
DELISTED
RIVERBED TECHNOLOGY, INC COM
RVBD
| $8.84M | 0.02% |
433,250
+308,491
| +247% | +$5.92M |
|
1070
Netflix
NFLX
$297B
| $8.84M | 0.02% |
1,811,040
-398,650
| -18% | -$2.14M |
|
1071
Coty
COTY
$2.35B
| $8.84M | 0.02% |
427,641
+44,766
| +12% | +$825K |
|
1072
Alto Ingredients
ALTO
$347M
| $8.83M | 0.02% |
855,097
+355,265
| +71% | +$4.34M |
|
|
MEG
1073
DELISTED
Media General, Inc
MEG
| $8.83M | 0.02% |
527,664
+311,595
| +144% | +$4.66M |
|
|
CMCSK
1074
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $8.79M | 0.02% |
152,675
+145,053
| +1,903% | +$8.35M |
|
1075
Digital Realty Trust
DLR
$71.7B
| $8.78M | 0.02% |
+132,477
| New | +$8.85M |
|
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.