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 | |
|---|---|---|---|---|---|---|
1226
Arrowhead Research
ARWR
$12B
| $6.4M | 0.01% |
+867,375
| New | +$5.9M |
|
1227
Federal Signal
FSS
$7.22B
| $6.39M | 0.01% |
414,173
+206,445
| +99% | +$2.99M |
|
1228
Primerica
PRI
$9.81B
| $6.38M | 0.01% |
+117,530
| New | +$5.99M |
|
1229
CALL
Kinder Morgan
KMI
$70.6B
| $6.35M | 0.01% |
+150,000
| New | +$5.91M |
|
|
CRC
1230
DELISTED
California Resources Corporation
CRC
| $6.33M | 0.01% |
+114,876
| New | +$6.92M |
|
|
DOOR
1231
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $6.32M | 0.01% |
102,882
+67,280
| +189% | +$3.8M |
|
|
ORB
1232
DELISTED
ORBITAL SCIENCES CORP
ORB
| $6.29M | 0.01% |
+234,018
| New | +$6.18M |
|
1233
Franklin Resources
BEN
$17.3B
| $6.29M | 0.01% |
113,639
+74,514
| +190% | +$4.12M |
|
1234
Littelfuse
LFUS
$10.2B
| $6.29M | 0.01% |
65,063
+40,327
| +163% | +$3.74M |
|
|
RKUS
1235
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $6.26M | 0.01% |
+521,023
| New | +$6.3M |
|
|
MDC
1236
DELISTED
M.D.C. Holdings, Inc.
MDC
| $6.26M | 0.01% |
328,276
+277,475
| +546% | +$5.08M |
|
1237
CALL
Bristol-Myers Squibb
BMY
$128B
| $6.25M | 0.01% |
105,800
-1,617,900
| -94% | -$91.2M |
|
|
EGOV
1238
DELISTED
NIC Inc
EGOV
| $6.23M | 0.01% |
346,158
+92,973
| +37% | +$1.66M |
|
|
RENT
1239
DELISTED
RENTRAK CORP
RENT
| $6.22M | 0.01% |
85,392
+74,993
| +721% | +$5.66M |
|
|
HAPN
1240
Happen Inc
HAPN
$2.16B
| $6.21M | 0.01% |
+49,122
| New | +$6.2M |
|
1241
Alaska Air
ALK
$5.3B
| $6.18M | 0.01% |
103,362
+56,475
| +120% | +$2.98M |
|
1242
Greif
GEF
$4.56B
| $6.17M | 0.01% |
130,595
-16,217
| -11% | -$725K |
|
1243
Rogers Corp
ROG
$2.31B
| $6.17M | 0.01% |
75,728
+38,944
| +106% | +$2.6M |
|
|
ADVM
1244
DELISTED
Adverum Biotechnologies
ADVM
| $6.16M | 0.01% |
+11,410
| New | +$4.4M |
|
1245
Children's Place
PLCE
$52.9M
| $6.14M | 0.01% |
107,666
+55,437
| +106% | +$2.87M |
|
1246
Baytex Energy
BTE
$2.94B
| $6.13M | 0.01% |
369,111
+340,688
| +1,199% | +$8.69M |
|
1247
Avnet
AVT
$7.25B
| $6.13M | 0.01% |
142,435
+97,272
| +215% | +$4.12M |
|
|
EPE
1248
DELISTED
EP Energy Corporation
EPE
| $6.12M | 0.01% |
+586,091
| New | +$7.51M |
|
|
IPCC
1249
DELISTED
Infinity Property & Casualty C
IPCC
| $6.08M | 0.01% |
+78,726
| New | +$5.63M |
|
|
ATHN
1250
DELISTED
Athenahealth, Inc.
ATHN
| $6.08M | 0.01% |
41,717
-26,146
| -39% | -$3.28M |
|
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.