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 | |
|---|---|---|---|---|---|---|
|
COHR
1726
DELISTED
Coherent Inc
COHR
| $2.86M | 0.01% |
+47,093
| New | +$2.79M |
|
1727
Rayonier Advanced Materials
RYAM
$591M
| $2.86M | 0.01% |
128,121
+15,017
| +13% | +$397K |
|
|
MDP
1728
DELISTED
Meredith Corporation
MDP
| $2.85M | 0.01% |
+52,565
| New | +$2.63M |
|
1729
Quantum Corp
QMCO
$444M
| $2.85M | 0.01% |
10,105
+7,120
| +239% | +$1.64M |
|
|
IMPR
1730
DELISTED
IMPRIVATA, INC COM
IMPR
| $2.84M | 0.01% |
218,710
+100,253
| +85% | +$1.39M |
|
1731
MSC Industrial Direct
MSM
$6.97B
| $2.84M | 0.01% |
34,974
+27,197
| +350% | +$2.21M |
|
1732
MKS Inc
MKSI
$19.3B
| $2.82M | 0.01% |
77,043
+70,187
| +1,024% | +$2.48M |
|
1733
Icon
ICLR
$13.9B
| $2.81M | 0.01% |
55,214
-354,505
| -87% | -$19.1M |
|
|
TERP
1734
DELISTED
TerraForm Power, Inc
TERP
| $2.8M | 0.01% |
90,711
+82,875
| +1,058% | +$2.36M |
|
1735
SLB Ltd
SLB
$74.2B
| $2.8M | 0.01% |
32,780
-200,767
| -86% | -$18.5M |
|
1736
Strategic Education
STRA
$1.84B
| $2.8M | 0.01% |
37,680
+27,031
| +254% | +$1.91M |
|
1737
PUT
SPDR Gold Trust
GLD
$131B
| $2.79M | 0.01% |
+24,600
| New | +$2.84M |
|
|
BRLI
1738
DELISTED
BIO-REFERENCE LABS INC-NEW-
BRLI
| $2.79M | 0.01% |
86,969
+1,846
| +2% | +$53.4K |
|
1739
PUT
American Express
AXP
$227B
| $2.79M | 0.01% |
30,000
-1,500
| -5% | -$134K |
|
|
STML
1740
DELISTED
Stemline Therapeutics, Inc.
STML
| $2.79M | 0.01% |
163,407
+40,905
| +33% | +$590K |
|
|
ALEX
1741
DELISTED
Alexander & Baldwin
ALEX
| $2.79M | 0.01% |
70,964
+54,986
| +344% | +$2.09M |
|
|
PGNX
1742
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $2.79M | 0.01% |
+368,523
| New | +$2.2M |
|
|
STI
1743
PUT
DELISTED
SunTrust Banks, Inc.
STI
| $2.79M | 0.01% |
66,500
+15,000
| +29% | +$588K |
|
1744
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $2.79M | 0.01% |
126,322
+32,140
| +34% | +$722K |
|
1745
CALL
Chevron
CVX
$374B
| $2.78M | 0.01% |
+24,800
| New | +$2.82M |
|
1746
CALL
Applied Materials
AMAT
$378B
| $2.78M | 0.01% |
111,400
-195,700
| -64% | -$4.42M |
|
1747
Telus
TU
$16.7B
| $2.77M | 0.01% |
153,960
+71,324
| +86% | +$1.28M |
|
|
SCS
1748
DELISTED
Steelcase
SCS
| $2.77M | 0.01% |
+154,085
| New | +$2.65M |
|
|
WPZ
1749
CALL
DELISTED
Williams Partners L.P.
WPZ
| $2.76M | 0.01% |
54,111
-22,812
| -30% | -$1.29M |
|
|
RBS.PRS.CL
1750
DELISTED
The Royal Bank Of Scotland Group
RBS.PRS.CL
| $2.76M | 0.01% |
111,168
-499,937
| -82% | -$12.4M |
|
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.