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 | |
|---|---|---|---|---|---|---|
|
ANDX
1801
CALL
DELISTED
Andeavor Logistics LP
ANDX
| $2.6M | 0.01% |
+44,200
| New | +$2.57M |
|
1802
Agree Realty
ADC
$9.74B
| $2.6M | 0.01% |
83,640
-224,494
| -73% | -$6.76M |
|
1803
CALL
United Therapeutics
UTHR
$26.1B
| $2.59M | 0.01% |
+20,000
| New | +$2.58M |
|
|
SGI
1804
Somnigroup International
SGI
$15.2B
| $2.59M | 0.01% |
188,492
-809,800
| -81% | -$11.1M |
|
|
HUB.A
1805
DELISTED
HUBBELL INC CL-A
HUB.A
| $2.58M | 0.01% |
23,190
-2,755
| -11% | -$315K |
|
1806
Credit Acceptance
CACC
$5.84B
| $2.58M | 0.01% |
18,885
+16,728
| +776% | +$2.36M |
|
1807
FormFactor
FORM
$6.88B
| $2.58M | 0.01% |
299,510
+114,777
| +62% | +$901K |
|
1808
PUT
Chevron
CVX
$374B
| $2.57M | 0.01% |
+22,900
| New | +$2.6M |
|
1809
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.42B
| $2.57M | 0.01% |
13,418
+11,068
| +471% | +$2.46M |
|
1810
MGE Energy Inc
MGEE
$3.09B
| $2.57M | 0.01% |
56,305
+44,827
| +391% | +$1.94M |
|
1811
CALL
Plains All American Pipeline
PAA
$17.2B
| $2.57M | 0.01% |
+50,000
| New | +$2.66M |
|
1812
PUT
Ciena
CIEN
$49.6B
| $2.56M | 0.01% |
131,800
+73,300
| +125% | +$1.22M |
|
1813
Crown Holdings
CCK
$13.2B
| $2.56M | 0.01% |
50,194
-29,856
| -37% | -$1.44M |
|
|
DPLO
1814
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $2.55M | 0.01% |
+93,234
| New | +$2.26M |
|
1815
Motorola Solutions
MSI
$73.1B
| $2.55M | 0.01% |
38,000
-3,031
| -7% | -$193K |
|
|
HOUS
1816
DELISTED
Anywhere Real Estate
HOUS
| $2.55M | 0.01% |
+57,247
| New | +$2.38M |
|
1817
AXIS Capital
AXS
$8.79B
| $2.54M | 0.01% |
49,822
-309,791
| -86% | -$15.2M |
|
|
BGC
1818
DELISTED
General Cable Corporation
BGC
| $2.54M | 0.01% |
170,480
-222,229
| -57% | -$3.11M |
|
|
AVX
1819
DELISTED
AVX Corporation
AVX
| $2.54M | 0.01% |
181,226
+61,008
| +51% | +$841K |
|
|
WAIR
1820
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $2.54M | 0.01% |
181,436
+157,554
| +660% | +$2.5M |
|
1821
International Flavors & Fragrances
IFF
$20.2B
| $2.53M | 0.01% |
24,973
-123,891
| -83% | -$12.2M |
|
1822
W.W. Grainger
GWW
$66B
| $2.53M | 0.01% |
+9,926
| New | +$2.45M |
|
1823
Plexus
PLXS
$6.69B
| $2.53M | 0.01% |
61,365
+39,081
| +175% | +$1.52M |
|
1824
TriMas Corp
TRS
$1.44B
| $2.53M | 0.01% |
101,438
-113,576
| -53% | -$2.68M |
|
1825
Deluxe
DLX
$1.25B
| $2.53M | 0.01% |
+40,571
| New | +$2.38M |
|
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.