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 | |
|---|---|---|---|---|---|---|
2001
Altisource Portfolio Solutions
ASPS
$58.1M
| $1.91M | ﹤0.01% |
+7,076
| New | +$3.66M |
|
|
WBA
2002
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $1.91M | ﹤0.01% |
25,100
-21,100
| -46% | -$1.41M |
|
|
ISCA
2003
DELISTED
International Speedway Corp
ISCA
| $1.91M | ﹤0.01% |
+60,400
| New | +$1.88M |
|
|
SIGM
2004
DELISTED
Sigma Designs Inc
SIGM
| $1.91M | ﹤0.01% |
258,356
+119,807
| +86% | +$538K |
|
|
ATHN
2005
CALL
DELISTED
Athenahealth, Inc.
ATHN
| $1.91M | ﹤0.01% |
13,100
-92,600
| -88% | -$11.6M |
|
|
DL
2006
DELISTED
China Distance Education Holdings Limited
DL
| $1.91M | ﹤0.01% |
116,400
+105,074
| +928% | +$1.64M |
|
|
KLXI
2007
DELISTED
KLX Inc.
KLXI
| $1.91M | ﹤0.01% |
+54,848
| New | +$1.93M |
|
2008
CALL
Duke Energy
DUK
$101B
| $1.91M | ﹤0.01% |
+22,800
| New | +$1.84M |
|
2009
Marriott International
MAR
$101B
| $1.9M | ﹤0.01% |
+24,400
| New | +$1.8M |
|
|
THR
2010
DELISTED
Thermon Group Holdings
THR
| $1.9M | ﹤0.01% |
+78,678
| New | +$1.87M |
|
2011
MiMedx Group
MDXG
$649M
| $1.9M | ﹤0.01% |
164,999
+149,756
| +982% | +$1.48M |
|
2012
Madrigal Pharmaceuticals
MDGL
$12.4B
| $1.9M | ﹤0.01% |
20,500
+14,118
| +221% | +$1.46M |
|
2013
Graco
GGG
$13.3B
| $1.89M | ﹤0.01% |
+70,713
| New | +$1.82M |
|
|
ASCMA
2014
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
| $1.89M | ﹤0.01% |
35,694
+11,930
| +50% | +$687K |
|
|
MAGN
2015
Magnera Corp
MAGN
$498M
| $1.89M | ﹤0.01% |
5,678
-1,409
| -20% | -$454K |
|
|
EARN
2016
Ellington Residential Mortgage REIT
EARN
$167M
| $1.89M | ﹤0.01% |
115,941
+76,872
| +197% | +$1.33M |
|
|
CDR
2017
DELISTED
Cedar Realty Trust, Inc
CDR
| $1.88M | ﹤0.01% |
38,835
-218,129
| -85% | -$9.59M |
|
2018
Enviri
NVRI
$623M
| $1.87M | ﹤0.01% |
99,211
-44,835
| -31% | -$873K |
|
|
VASC
2019
DELISTED
Vascular Solutions Inc
VASC
| $1.87M | ﹤0.01% |
68,989
+55,944
| +429% | +$1.52M |
|
2020
Karyopharm Therapeutics
KPTI
$161M
| $1.87M | ﹤0.01% |
+3,333
| New | +$1.89M |
|
2021
Interface
TILE
$2B
| $1.86M | ﹤0.01% |
113,186
+92,532
| +448% | +$1.44M |
|
2022
PUT
Designer Brands
DBI
$322M
| $1.86M | ﹤0.01% |
49,900
-7,700
| -13% | -$252K |
|
2023
Mercer International
MERC
$45.6M
| $1.86M | ﹤0.01% |
151,078
+86,243
| +133% | +$1.05M |
|
2024
PUT
APA Corp
APA
$12.3B
| $1.85M | ﹤0.01% |
+29,600
| New | +$2.11M |
|
|
NEWP
2025
DELISTED
NEWPORT CORP
NEWP
| $1.85M | ﹤0.01% |
97,000
-54,249
| -36% | -$980K |
|
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.