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 | |
|---|---|---|---|---|---|---|
2051
CALL
Viatris
VTRS
$20.8B
| $1.8M | ﹤0.01% |
31,900
+26,000
| +441% | +$1.4M |
|
2052
Watts Water Technologies
WTS
$11.6B
| $1.79M | ﹤0.01% |
+28,302
| New | +$1.72M |
|
|
MASI
2053
DELISTED
Masimo
MASI
| $1.79M | ﹤0.01% |
68,095
-317,306
| -82% | -$7.83M |
|
|
FCRD
2054
DELISTED
First Eagle Alternative Capital BDC, Inc. Common Stock
FCRD
| $1.79M | ﹤0.01% |
152,195
+37,130
| +32% | +$469K |
|
2055
PUT
Cameco
CCJ
$37.9B
| $1.79M | ﹤0.01% |
109,000
| – | – |
|
2056
PUT
Duke Energy
DUK
$101B
| $1.79M | ﹤0.01% |
+21,400
| New | +$1.73M |
|
|
VOLC
2057
CALL
DELISTED
VOLCANO CORPORATION COM STK
VOLC
| $1.79M | ﹤0.01% |
+100,000
| New | +$1.2M |
|
2058
PUT
Teekay
TK
$981M
| $1.79M | ﹤0.01% |
35,100
-13,600
| -28% | -$739K |
|
|
FMI
2059
CALL
DELISTED
Foundation Medicine, Inc.
FMI
| $1.78M | ﹤0.01% |
+80,000
| New | +$1.85M |
|
2060
POSCO
PKX
$15.5B
| $1.78M | ﹤0.01% |
+27,855
| New | +$1.92M |
|
2061
Lloyds Banking Group
LYG
$87.2B
| $1.77M | ﹤0.01% |
+382,556
| New | +$1.85M |
|
|
HES
2062
PUT
DELISTED
Hess
HES
| $1.77M | ﹤0.01% |
24,000
+21,000
| +700% | +$1.66M |
|
2063
PUT
Jabil
JBL
$31.7B
| $1.77M | ﹤0.01% |
81,100
-2,100
| -3% | -$42.7K |
|
|
P
2064
DELISTED
Pandora Media Inc
P
| $1.77M | ﹤0.01% |
+99,153
| New | +$1.96M |
|
|
NPSP
2065
DELISTED
NPS PHARMACEUTICALS INC
NPSP
| $1.76M | ﹤0.01% |
49,344
-647,794
| -93% | -$19.3M |
|
2066
Federal Realty Investment Trust
FRT
$10.9B
| $1.76M | ﹤0.01% |
13,200
-3,870
| -23% | -$502K |
|
2067
AngioDynamics
ANGO
$593M
| $1.76M | ﹤0.01% |
92,639
+49,724
| +116% | +$843K |
|
|
ESV
2068
CALL
DELISTED
Ensco Rowan plc
ESV
| $1.76M | ﹤0.01% |
+14,675
| New | +$2.1M |
|
2069
La-Z-Boy
LZB
$1.65B
| $1.76M | ﹤0.01% |
65,460
-98,908
| -60% | -$2.34M |
|
2070
OneSpan
OSPN
$572M
| $1.76M | ﹤0.01% |
62,279
+10,950
| +21% | +$271K |
|
|
POT
2071
CALL
DELISTED
Potash Corp Of Saskatchewan
POT
| $1.75M | ﹤0.01% |
49,700
| – | – |
|
2072
Carpenter Technology
CRS
$27.8B
| $1.75M | ﹤0.01% |
35,596
-280,452
| -89% | -$13.5M |
|
|
RSTI
2073
DELISTED
Rofin-Sinar Technologies Inc
RSTI
| $1.75M | ﹤0.01% |
+60,947
| New | +$1.53M |
|
|
LL
2074
DELISTED
LL Flooring Holdings, Inc.
LL
| $1.75M | ﹤0.01% |
26,395
+10,955
| +71% | +$634K |
|
2075
PUT
Honeywell
HON
$78.3B
| $1.75M | ﹤0.01% |
19,476
-3,004
| -13% | -$258K |
|
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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.