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 | |
|---|---|---|---|---|---|---|
|
MTGE
1676
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $3.08M | 0.01% |
163,391
+10,315
| +7% | +$203K |
|
1677
Haverty Furniture Companies
HVT
$420M
| $3.07M | 0.01% |
139,650
+51,724
| +59% | +$1.11M |
|
|
OCR
1678
DELISTED
OMNICARE INC
OCR
| $3.07M | 0.01% |
42,096
-498,702
| -92% | -$33.9M |
|
1679
Toll Brothers
TOL
$14.4B
| $3.07M | 0.01% |
89,484
-66,741
| -43% | -$2.18M |
|
|
DMND
1680
DELISTED
DIAMOND FOODS, INC.
DMND
| $3.07M | 0.01% |
108,651
+70,359
| +184% | +$2.04M |
|
|
ACHN
1681
CALL
DELISTED
Achillion Pharmaceuticals
ACHN
| $3.06M | 0.01% |
250,000
-2,050,000
| -89% | -$25M |
|
1682
CALL
iShares MSCI Emerging Markets ETF
EEM
$28.1B
| $3.06M | 0.01% |
+77,800
| New | +$3.16M |
|
1683
Lattice Semiconductor
LSCC
$16.6B
| $3.06M | 0.01% |
443,626
+422,739
| +2,024% | +$2.77M |
|
|
CGI
1684
DELISTED
Celadon Group Inc
CGI
| $3.05M | 0.01% |
134,291
-93,197
| -41% | -$1.95M |
|
|
CXO
1685
CALL
DELISTED
CONCHO RESOURCES INC.
CXO
| $3.04M | 0.01% |
+30,500
| New | +$3.2M |
|
1686
KT
KT
$8.92B
| $3.04M | 0.01% |
215,106
-129,106
| -38% | -$1.92M |
|
1687
Coeur Mining
CDE
$15.4B
| $3.04M | 0.01% |
594,000
+377,070
| +174% | +$1.68M |
|
|
NS
1688
DELISTED
NuStar Energy L.P.
NS
| $3.03M | 0.01% |
52,500
-82,500
| -61% | -$4.9M |
|
|
B
1689
PUT
Barrick Mining
B
$61.7B
| $3.03M | 0.01% |
281,800
+22,800
| +9% | +$281K |
|
|
MWE
1690
DELISTED
MARKWEST ENERGY PARTNERS, LP
MWE
| $3.02M | 0.01% |
+45,000
| New | +$3.14M |
|
|
AMRN
1691
Amarin Corp
AMRN
$293M
| $3.02M | 0.01% |
154,294
-54,654
| -26% | -$1.14M |
|
1692
National CineMedia
NCMI
$371M
| $3.01M | 0.01% |
20,931
+9,083
| +77% | +$1.3M |
|
|
SWY
1693
DELISTED
SAFEWAY INC
SWY
| $3M | 0.01% |
85,546
-566,268
| -87% | -$19.6M |
|
1694
CALL
Five Below
FIVE
$11.5B
| $3M | 0.01% |
73,400
+9,900
| +16% | +$401K |
|
|
AUO
1695
DELISTED
AU Optronics Corp
AUO
| $2.98M | 0.01% |
586,106
+275,726
| +89% | +$1.26M |
|
|
S
1696
DELISTED
Sprint Corporation
S
| $2.98M | 0.01% |
717,275
+49,645
| +7% | +$256K |
|
1697
iShares North American Natural Resources ETF
IGE
$728M
| $2.98M | 0.01% |
+77,630
| New | +$3.15M |
|
1698
Haemonetics
HAE
$3.76B
| $2.97M | 0.01% |
79,421
-13,813
| -15% | -$506K |
|
1699
CALL
iShares MSCI Mexico ETF
EWW
$1.93B
| $2.97M | 0.01% |
+50,000
| New | +$3.21M |
|
1700
PUT
RH
RH
$3.34B
| $2.97M | 0.01% |
30,900
-11,600
| -27% | -$972K |
|
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.