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 | |
|---|---|---|---|---|---|---|
1351
Phibro Animal Health
PAHC
$1.43B
| $5.33M | 0.01% |
+168,992
| New | +$4.67M |
|
|
NGD
1352
DELISTED
New Gold Inc
NGD
| $5.33M | 0.01% |
1,239,196
+945,004
| +321% | +$4.04M |
|
|
CPHD
1353
DELISTED
Cepheid Inc
CPHD
| $5.33M | 0.01% |
98,359
-346,170
| -78% | -$17.5M |
|
1354
Chord Energy
CHRD
$7.42B
| $5.32M | 0.01% |
321,604
+81,791
| +34% | +$2.03M |
|
1355
MidCap Financial Investment
MFIC
$790M
| $5.32M | 0.01% |
238,855
-74,410
| -24% | -$1.78M |
|
1356
Arista Networks
ANET
$215B
| $5.32M | 0.01% |
1,399,504
+1,102,944
| +372% | +$5.12M |
|
|
GRA
1357
DELISTED
W.R. Grace & Co.
GRA
| $5.29M | 0.01% |
55,489
+28,074
| +102% | +$2.61M |
|
1358
America Movil
AMX
$77.1B
| $5.26M | 0.01% |
237,131
+157,446
| +198% | +$3.67M |
|
|
AVNR
1359
CALL
DELISTED
AVANIR PHARMACEUTICALS, INC CL A
AVNR
| $5.25M | 0.01% |
+310,000
| New | +$4.36M |
|
1360
iShares 3-7 Year Treasury Bond ETF
IEI
$18.1B
| $5.23M | 0.01% |
42,772
+8,398
| +24% | +$1.03M |
|
1361
CALL
Enterprise Products Partners
EPD
$82.5B
| $5.23M | 0.01% |
+144,800
| New | +$5.35M |
|
1362
Rush Enterprises Class A
RUSHA
$5.98B
| $5.23M | 0.01% |
+367,182
| New | +$5.63M |
|
1363
Berkshire Hathaway Class B
BRK.B
$1.07T
| $5.22M | 0.01% |
34,751
+32,651
| +1,555% | +$4.71M |
|
|
VRN
1364
DELISTED
Veren
VRN
| $5.22M | 0.01% |
237,611
+186,798
| +368% | +$5.09M |
|
1365
FuelCell Energy
FCEL
$1.72B
| $5.21M | 0.01% |
783
+300
| +62% | +$2.29M |
|
1366
PUT
Alibaba
BABA
$276B
| $5.2M | 0.01% |
+50,000
| New | +$5.13M |
|
1367
Vanguard Value ETF
VTV
$189B
| $5.19M | 0.01% |
61,420
+48,423
| +373% | +$4M |
|
|
SYA
1368
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $5.19M | 0.01% |
225,005
+105,416
| +88% | +$2.4M |
|
1369
UnitedHealth
UNH
$379B
| $5.18M | 0.01% |
51,200
+45,689
| +829% | +$4.33M |
|
1370
Amkor Technology
AMKR
$15B
| $5.16M | 0.01% |
726,647
-205,751
| -22% | -$1.43M |
|
1371
Criteo
CRTO
$1.05B
| $5.15M | 0.01% |
127,435
+110,142
| +637% | +$3.93M |
|
|
XOMA
1372
DELISTED
Xoma
XOMA
| $5.14M | 0.01% |
71,578
+55,477
| +345% | +$4.75M |
|
|
ALOG
1373
DELISTED
Analogic Corp
ALOG
| $5.14M | 0.01% |
60,738
-95,205
| -61% | -$7.14M |
|
|
UNTD
1374
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $5.13M | 0.01% |
352,901
-74,911
| -18% | -$942K |
|
|
RXDX
1375
DELISTED
Ignyta, Inc.
RXDX
| $5.13M | 0.01% |
748,770
-48,100
| -6% | -$327K |
|
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.