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 | |
|---|---|---|---|---|---|---|
1601
LendingTree
TREE
$564M
| $3.59M | 0.01% |
+74,192
| New | +$3.07M |
|
|
GHL
1602
DELISTED
Greenhill & Co., Inc.
GHL
| $3.57M | 0.01% |
81,904
+61,557
| +303% | +$2.74M |
|
|
EXAS
1603
DELISTED
Exact Sciences
EXAS
| $3.56M | 0.01% |
129,638
+50,086
| +63% | +$1.22M |
|
|
DDC
1604
DELISTED
Dominion Diamond Corporation
DDC
| $3.55M | 0.01% |
197,743
+51,626
| +35% | +$800K |
|
1605
Simpson Manufacturing
SSD
$7.95B
| $3.55M | 0.01% |
102,530
-40,073
| -28% | -$1.3M |
|
1606
Republic Services
RSG
$66.7B
| $3.55M | 0.01% |
88,099
-428,094
| -83% | -$16.8M |
|
1607
Jefferies Financial Group
JEF
$13B
| $3.54M | 0.01% |
176,622
-386,341
| -69% | -$7.97M |
|
|
EPE
1608
PUT
DELISTED
EP Energy Corporation
EPE
| $3.54M | 0.01% |
339,400
+87,800
| +35% | +$1.13M |
|
1609
CALL
Halliburton
HAL
$26.8B
| $3.54M | 0.01% |
90,000
+84,400
| +1,507% | +$4.11M |
|
1610
Post Holdings
POST
$4.14B
| $3.54M | 0.01% |
+129,059
| New | +$3.19M |
|
1611
Conagra Brands
CAG
$7.29B
| $3.52M | 0.01% |
124,806
+25,591
| +26% | +$700K |
|
1612
Globe Life
GL
$13.5B
| $3.51M | 0.01% |
64,781
+23,329
| +56% | +$1.24M |
|
|
CBPX
1613
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $3.5M | 0.01% |
197,670
+156,058
| +375% | +$2.48M |
|
1614
Viatris
VTRS
$20.5B
| $3.5M | 0.01% |
62,142
-632,035
| -91% | -$33.9M |
|
1615
Old Republic International
ORI
$10.5B
| $3.5M | 0.01% |
239,090
-402,786
| -63% | -$5.88M |
|
|
UAM
1616
DELISTED
Universal American Corp
UAM
| $3.49M | 0.01% |
375,744
+57,965
| +18% | +$504K |
|
1617
Oxford Industries
OXM
$602M
| $3.42M | 0.01% |
61,955
-13,975
| -18% | -$852K |
|
|
LINE
1618
DELISTED
LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS
LINE
| $3.42M | 0.01% |
+337,199
| New | +$6.94M |
|
1619
Integer Holdings
ITGR
$3.38B
| $3.42M | 0.01% |
75,991
-140,772
| -65% | -$6.16M |
|
|
CADE
1620
DELISTED
Cadence Bank
CADE
| $3.41M | 0.01% |
+151,623
| New | +$3.29M |
|
1621
Rio Tinto
RIO
$150B
| $3.4M | 0.01% |
73,737
+60,749
| +468% | +$2.86M |
|
1622
TripAdvisor
TRIP
$1.66B
| $3.4M | 0.01% |
45,472
-373,797
| -89% | -$29.2M |
|
|
BCR
1623
DELISTED
CR Bard Inc.
BCR
| $3.39M | 0.01% |
20,359
-87,859
| -81% | -$14.2M |
|
1624
Martin Marietta Materials
MLM
$34.3B
| $3.39M | 0.01% |
30,714
-117,701
| -79% | -$13.9M |
|
1625
Group 1 Automotive
GPI
$4.01B
| $3.37M | 0.01% |
+37,610
| New | +$3.15M |
|
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.