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 | |
|---|---|---|---|---|---|---|
|
WNS
1976
DELISTED
WNS Holdings
WNS
| $1.97M | ﹤0.01% |
+95,463
| New | +$1.99M |
|
|
AUY
1977
DELISTED
Yamana Gold, Inc.
AUY
| $1.97M | ﹤0.01% |
489,605
+27,487
| +6% | +$124K |
|
|
BHR
1978
Braemar Hotels & Resorts
BHR
$160M
| $1.97M | ﹤0.01% |
+115,782
| New | +$1.93M |
|
1979
LG Display
LPL
$2.93B
| $1.97M | ﹤0.01% |
+129,710
| New | +$2M |
|
1980
NetEase
NTES
$81.5B
| $1.96M | ﹤0.01% |
+99,000
| New | +$1.89M |
|
1981
American Public Education
APEI
$917M
| $1.96M | ﹤0.01% |
+53,184
| New | +$1.73M |
|
1982
VanEck Semiconductor ETF
SMH
$63.8B
| $1.96M | ﹤0.01% |
71,732
-1,930
| -3% | -$50.2K |
|
|
ALIM
1983
DELISTED
Alimera Sciences
ALIM
| $1.96M | ﹤0.01% |
23,573
+13,883
| +143% | +$1.13M |
|
|
SEE
1984
DELISTED
Sealed Air
SEE
| $1.95M | ﹤0.01% |
+46,008
| New | +$1.73M |
|
|
MXWL
1985
DELISTED
Maxwell Technologies Inc
MXWL
| $1.95M | ﹤0.01% |
214,004
+42,509
| +25% | +$415K |
|
|
DD
1986
DELISTED
Du Pont De Nemours E I
DD
| $1.95M | ﹤0.01% |
+27,799
| New | +$1.86M |
|
|
NORW
1987
DELISTED
Global X MSCI Norway ETF
NORW
| $1.95M | ﹤0.01% |
+163,430
| New | +$2.32M |
|
|
SHLM
1988
DELISTED
Schulman (A.) Inc
SHLM
| $1.95M | ﹤0.01% |
48,079
-31,879
| -40% | -$1.15M |
|
|
ABCO
1989
DELISTED
Advisory Board Co
ABCO
| $1.95M | ﹤0.01% |
39,792
-69,464
| -64% | -$3.27M |
|
|
HK
1990
DELISTED
Halcon Resources Corporation
HK
| $1.95M | ﹤0.01% |
6,352
-11,862
| -65% | -$5.49M |
|
1991
American Homes 4 Rent
AMH
$12.2B
| $1.95M | ﹤0.01% |
114,305
-78,624
| -41% | -$1.34M |
|
1992
Casey's General Stores
CASY
$31.7B
| $1.95M | ﹤0.01% |
21,547
-23,989
| -53% | -$1.97M |
|
1993
First Interstate BancSystem
FIBK
$3.7B
| $1.94M | ﹤0.01% |
69,851
-159,500
| -70% | -$4.44M |
|
1994
Canadian Imperial Bank of Commerce
CM
$109B
| $1.94M | ﹤0.01% |
45,622
+9,606
| +27% | +$425K |
|
|
CALD
1995
DELISTED
Callidus Software, Inc.
CALD
| $1.94M | ﹤0.01% |
118,733
+48,484
| +69% | +$711K |
|
1996
PUT
LyondellBasell Industries
LYB
$18.8B
| $1.94M | ﹤0.01% |
24,400
+21,400
| +713% | +$1.86M |
|
|
CLMS
1997
DELISTED
Calamos Asset Management, Inc.
CLMS
| $1.92M | ﹤0.01% |
144,161
+69,338
| +93% | +$899K |
|
|
CLD
1998
DELISTED
Cloud Peak Energy Inc
CLD
| $1.92M | ﹤0.01% |
208,922
-275,089
| -57% | -$3.05M |
|
1999
Liberty Media Series C
FWONK
$25.4B
| $1.92M | ﹤0.01% |
77,255
-969,717
| -93% | -$23.8M |
|
2000
Gentex
GNTX
$5.12B
| $1.92M | ﹤0.01% |
105,994
-185,488
| -64% | -$3.08M |
|
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.