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 | |
|---|---|---|---|---|---|---|
|
SC
1201
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $6.79M | 0.01% |
346,037
-272,391
| -44% | -$5M |
|
|
SNR
1202
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $6.76M | 0.01% |
+411,028
| New | +$7.12M |
|
1203
iShares US Real Estate ETF
IYR
$4.73B
| $6.75M | 0.01% |
+87,800
| New | +$6.57M |
|
1204
Dorian LPG
LPG
$1.88B
| $6.73M | 0.01% |
484,566
-1,107,849
| -70% | -$15.9M |
|
1205
Cemex
CX
$17.6B
| $6.73M | 0.01% |
742,851
+588,165
| +380% | +$6.11M |
|
|
NAV
1206
DELISTED
Navistar International
NAV
| $6.7M | 0.01% |
200,079
+100,397
| +101% | +$3.46M |
|
1207
Trimble
TRMB
$13B
| $6.67M | 0.01% |
251,230
-473,089
| -65% | -$13.3M |
|
1208
PUT
Golar LNG
GLNG
$4.99B
| $6.66M | 0.01% |
182,500
-6,400
| -3% | -$304K |
|
|
TMH
1209
DELISTED
Team Health Holdings Inc
TMH
| $6.64M | 0.01% |
115,363
+54,684
| +90% | +$3.15M |
|
|
BBG
1210
DELISTED
Bill Barrett Corp
BBG
| $6.63M | 0.01% |
581,953
-1,394,112
| -71% | -$18.4M |
|
1211
PUT
BorgWarner
BWA
$13.1B
| $6.62M | 0.01% |
+136,888
| New | +$6.67M |
|
|
GNMK
1212
DELISTED
GenMark Diagnostics, Inc
GNMK
| $6.58M | 0.01% |
483,105
+96,214
| +25% | +$1.08M |
|
1213
CALL
Comcast
CMCSA
$80.9B
| $6.53M | 0.01% |
225,200
+3,400
| +2% | +$93.1K |
|
|
MON
1214
DELISTED
Monsanto Co
MON
| $6.52M | 0.01% |
54,551
-89,082
| -62% | -$10.3M |
|
1215
American Tower
AMT
$77.7B
| $6.52M | 0.01% |
65,920
-1,007,683
| -94% | -$99M |
|
1216
CALL
Union Pacific
UNP
$178B
| $6.52M | 0.01% |
54,700
+51,100
| +1,419% | +$5.87M |
|
1217
CALL
Booking.com
BKNG
$145B
| $6.5M | 0.01% |
142,500
-5,000
| -3% | -$226K |
|
1218
Renasant Corp
RNST
$4B
| $6.5M | 0.01% |
224,522
+158,259
| +239% | +$4.54M |
|
|
GIMO
1219
DELISTED
Gigamon Inc.
GIMO
| $6.49M | 0.01% |
+366,185
| New | +$5.17M |
|
|
GTLS
1220
DELISTED
Chart Industries
GTLS
| $6.46M | 0.01% |
+188,895
| New | +$7.89M |
|
1221
iShares MSCI Japan ETF
EWJ
$21.7B
| $6.46M | 0.01% |
143,627
+94,222
| +191% | +$4.32M |
|
1222
Trex
TREX
$4.57B
| $6.45M | 0.01% |
605,808
+206,496
| +52% | +$2.06M |
|
1223
Encompass Health
EHC
$11.3B
| $6.44M | 0.01% |
210,531
-120,194
| -36% | -$3.75M |
|
1224
PUT
United States Oil Fund
USO
$2.07B
| $6.41M | 0.01% |
+39,375
| New | +$8.73M |
|
|
TCP
1225
DELISTED
TC Pipelines LP
TCP
| $6.41M | 0.01% |
+90,000
| New | +$6.18M |
|
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.