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 | |
|---|---|---|---|---|---|---|
|
STR
176
DELISTED
QUESTAR CORP
STR
| $59.1M | 0.13% |
2,337,441
+2,286,744
| +4,511% | +$54.6M |
|
|
DCT
177
DELISTED
DCT Industrial Trust Inc.
DCT
| $59.1M | 0.13% |
1,656,499
+674,820
| +69% | +$22.5M |
|
178
Simon Property Group
SPG
$74.5B
| $58.9M | 0.12% |
323,274
+179,462
| +125% | +$31.8M |
|
179
Alphabet (Google) Class C
GOOG
$3.9T
| $58.8M | 0.12% |
2,225,012
-1,755,246
| -44% | -$47.1M |
|
|
SLXP
180
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $58.8M | 0.12% |
511,183
-206,951
| -29% | -$25.1M |
|
181
Micron Technology
MU
$1.04T
| $58.4M | 0.12% |
1,666,710
-1,259,194
| -43% | -$41.7M |
|
182
Molina Healthcare
MOH
$10.3B
| $58.1M | 0.12% |
1,086,153
+274,510
| +34% | +$13.3M |
|
|
ESV
183
DELISTED
Ensco Rowan plc
ESV
| $57.8M | 0.12% |
482,588
+469,442
| +3,571% | +$67.3M |
|
184
Regeneron Pharmaceuticals
REGN
$68.8B
| $57.8M | 0.12% |
140,921
+134,957
| +2,263% | +$53.1M |
|
185
Brookdale Senior Living
BKD
$3.62B
| $57.7M | 0.12% |
1,572,391
-632,395
| -29% | -$21.4M |
|
186
Agnico Eagle Mines
AEM
$72.6B
| $57.6M | 0.12% |
2,312,853
+803,120
| +53% | +$20.9M |
|
|
VR
187
DELISTED
Validus Hold Ltd
VR
| $57.2M | 0.12% |
1,376,809
+630,901
| +85% | +$25.5M |
|
188
Gaming and Leisure Properties
GLPI
$12.8B
| $57.1M | 0.12% |
1,945,651
+1,920,876
| +7,753% | +$59.2M |
|
|
QLIK
189
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $56.8M | 0.12% |
1,839,268
+1,391,162
| +310% | +$39.7M |
|
|
FNFG
190
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $56.5M | 0.12% |
6,701,058
+2,911,188
| +77% | +$23.4M |
|
191
Helix Energy Solutions
HLX
$1.46B
| $56.4M | 0.12% |
2,598,200
+2,148,156
| +477% | +$51.1M |
|
|
XLNX
192
DELISTED
Xilinx Inc
XLNX
| $55.8M | 0.12% |
+1,288,873
| New | +$55.8M |
|
193
Danaher
DHR
$135B
| $55.7M | 0.12% |
967,174
-418,966
| -30% | -$22.7M |
|
194
Alcoa
AA
$11.7B
| $55.6M | 0.12% |
1,466,253
+1,074,856
| +275% | +$41.7M |
|
|
BRS
195
DELISTED
Bristow Group, Inc.
BRS
| $55.3M | 0.12% |
839,870
+170,039
| +25% | +$11.5M |
|
196
NetApp
NTAP
$32.9B
| $55.1M | 0.12% |
1,329,638
+759,036
| +133% | +$31.5M |
|
197
Groupon
GRPN
$980M
| $55.1M | 0.12% |
333,319
+319,307
| +2,279% | +$45.3M |
|
198
Regions Financial
RF
$26.3B
| $55M | 0.12% |
5,208,571
-208,249
| -4% | -$2.08M |
|
|
AL
199
DELISTED
Air Lease Corp
AL
| $54.8M | 0.12% |
1,597,143
+206,099
| +15% | +$7.25M |
|
200
Boston Scientific
BSX
$65.8B
| $54.6M | 0.12% |
4,122,479
+1,984,079
| +93% | +$25.4M |
|
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.