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 | |
|---|---|---|---|---|---|---|
1751
Globalstar
GSAT
$10.2B
| $2.76M | 0.01% |
66,899
-6,695
| -9% | -$257K |
|
1752
Jazz Pharmaceuticals
JAZZ
$16.1B
| $2.75M | 0.01% |
16,813
-27,270
| -62% | -$4.53M |
|
|
CNR
1753
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $2.75M | 0.01% |
+148,419
| New | +$2.78M |
|
|
CORE
1754
DELISTED
Core Mark Holding Co., Inc.
CORE
| $2.74M | 0.01% |
+88,632
| New | +$2.57M |
|
1755
Bio-Techne
TECH
$11.2B
| $2.74M | 0.01% |
118,648
-129,588
| -52% | -$2.97M |
|
1756
Orthofix Medical
OFIX
$496M
| $2.74M | 0.01% |
91,132
+56,602
| +164% | +$1.66M |
|
|
OCRX
1757
DELISTED
Ocera Therapeutics, Inc.
OCRX
| $2.74M | 0.01% |
430,038
-57,276
| -12% | -$335K |
|
|
SIAL
1758
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $2.74M | 0.01% |
19,951
-63,525
| -76% | -$8.63M |
|
1759
PNC Financial Services
PNC
$100B
| $2.74M | 0.01% |
30,000
-41,596
| -58% | -$3.61M |
|
|
ADT
1760
DELISTED
ADT Corp
ADT
| $2.74M | 0.01% |
+75,529
| New | +$2.6M |
|
|
PRE
1761
DELISTED
PARTNERRE LTD
PRE
| $2.73M | 0.01% |
23,943
+15,669
| +189% | +$1.79M |
|
|
CLVS
1762
DELISTED
Clovis Oncology, Inc.
CLVS
| $2.73M | 0.01% |
48,655
-124,972
| -72% | -$6.57M |
|
1763
Belden
BDC
$4.09B
| $2.72M | 0.01% |
34,562
-3,737
| -10% | -$265K |
|
1764
Waste Management
WM
$96.1B
| $2.72M | 0.01% |
+53,011
| New | +$2.58M |
|
1765
Graham Holdings Company
GHC
$5.23B
| $2.72M | 0.01% |
+5,210
| New | +$2.57M |
|
|
STI
1766
CALL
DELISTED
SunTrust Banks, Inc.
STI
| $2.71M | 0.01% |
64,800
+13,900
| +27% | +$545K |
|
|
NTI
1767
CALL
DELISTED
NORTHERN TIER ENERGY LP CLASS A
NTI
| $2.71M | 0.01% |
+122,600
| New | +$2.93M |
|
1768
Liberty Media Series A
FWONA
$23.3B
| $2.71M | 0.01% |
114,316
+17,126
| +18% | +$404K |
|
|
ZGNX
1769
DELISTED
Zogenix, Inc.
ZGNX
| $2.71M | 0.01% |
247,269
-32,444
| -12% | -$321K |
|
|
CMLP
1770
CALL
DELISTED
CRESTWOOD MIDSTREAM PARTNERS LP NEW UTS REP LTD PRT INT (DE)
CMLP
| $2.71M | 0.01% |
178,400
+4,900
| +3% | +$93.6K |
|
1771
iShares S&P 100 ETF
OEF
$19.8B
| $2.7M | 0.01% |
29,688
+16,573
| +126% | +$1.48M |
|
1772
WSFS Financial
WSFS
$4.2B
| $2.7M | 0.01% |
105,318
+72,459
| +221% | +$1.83M |
|
|
CCXI
1773
DELISTED
ChemoCentryx, Inc.
CCXI
| $2.7M | 0.01% |
395,000
+368,597
| +1,396% | +$1.95M |
|
1774
iShares S&P 500 Value ETF
IVE
$49.6B
| $2.69M | 0.01% |
+28,726
| New | +$2.63M |
|
|
BLT
1775
DELISTED
BLOUNT INTERNATIONAL (NEW)
BLT
| $2.69M | 0.01% |
153,027
+58,449
| +62% | +$935K |
|
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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.