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 | |
|---|---|---|---|---|---|---|
1076
Fidelity National Financial
FNF
$14B
| $8.78M | 0.02% |
367,180
+332,361
| +955% | +$7.06M |
|
|
PSB
1077
DELISTED
PS Business Parks, Inc.
PSB
| $8.77M | 0.02% |
110,198
-19,459
| -15% | -$1.57M |
|
1078
CALL
AstraZeneca
AZN
$263B
| $8.76M | 0.02% |
124,500
-28,300
| -19% | -$2.03M |
|
1079
J.M. Smucker
SJM
$12.9B
| $8.76M | 0.02% |
86,762
+50,744
| +141% | +$5.14M |
|
1080
Rexford Industrial Realty
REXR
$8.64B
| $8.74M | 0.02% |
556,477
+231,111
| +71% | +$3.48M |
|
|
SPLK
1081
DELISTED
Splunk Inc
SPLK
| $8.74M | 0.02% |
148,223
+99,569
| +205% | +$6.11M |
|
1082
Cheesecake Factory
CAKE
$4.27B
| $8.72M | 0.02% |
+173,354
| New | +$8.19M |
|
1083
Northern Trust
NTRS
$22.2B
| $8.7M | 0.02% |
129,038
-248,000
| -66% | -$16.5M |
|
1084
Crocs
CROX
$6.64B
| $8.69M | 0.02% |
695,590
-40,643
| -6% | -$503K |
|
1085
Cenovus Energy
CVE
$52.7B
| $8.69M | 0.02% |
421,317
-214,299
| -34% | -$4.94M |
|
|
HMSY
1086
DELISTED
HMS Holdings Corp.
HMSY
| $8.65M | 0.02% |
409,134
-375,502
| -48% | -$7.86M |
|
1087
California Water Service
CWT
$3.03B
| $8.59M | 0.02% |
348,823
+317,199
| +1,003% | +$7.77M |
|
1088
QuidelOrtho
QDEL
$1.18B
| $8.58M | 0.02% |
+296,828
| New | +$8.04M |
|
|
CCC
1089
DELISTED
Calgon Carbon Corp
CCC
| $8.55M | 0.02% |
411,527
+202,235
| +97% | +$4.1M |
|
1090
Evertec
EVTC
$1.9B
| $8.55M | 0.02% |
386,368
+17,457
| +5% | +$383K |
|
1091
Aecom
ACM
$9.13B
| $8.54M | 0.02% |
281,377
+207,929
| +283% | +$6.49M |
|
|
PCH
1092
DELISTED
PotlatchDeltic
PCH
| $8.53M | 0.02% |
203,790
+144,691
| +245% | +$6.09M |
|
1093
Regency Centers
REG
$15.1B
| $8.5M | 0.02% |
133,341
+68,862
| +107% | +$4.16M |
|
|
COR
1094
DELISTED
Coresite Realty Corporation
COR
| $8.48M | 0.02% |
217,215
+45,160
| +26% | +$1.67M |
|
1095
CALL
Coca-Cola
KO
$360B
| $8.46M | 0.02% |
200,400
-44,200
| -18% | -$1.89M |
|
|
NUVA
1096
DELISTED
NuVasive, Inc.
NUVA
| $8.46M | 0.02% |
179,314
-83,824
| -32% | -$3.49M |
|
1097
Maximus
MMS
$3.23B
| $8.43M | 0.02% |
153,710
-110,685
| -42% | -$5.38M |
|
|
1098
CALL
AbbVie
ABBV
$458B
| $8.4M | 0.02% |
200,000
+133,900
| +203% | +$8.44M |
|
1099
First Industrial Realty Trust
FR
$8.81B
| $8.39M | 0.02% |
408,181
-423,433
| -51% | -$8.15M |
|
1100
Walmart Inc
WMT
$886B
| $8.39M | 0.02% |
293,100
+237,528
| +427% | +$6.42M |
|
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.