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 | |
|---|---|---|---|---|---|---|
|
JMBA
2101
DELISTED
Jamba, Inc.
JMBA
| $1.68M | ﹤0.01% |
111,595
-2,927
| -3% | -$38.4K |
|
2102
RLJ Lodging Trust
RLJ
$1.89B
| $1.68M | ﹤0.01% |
50,158
-25,904
| -34% | -$824K |
|
2103
Ingredion
INGR
$6.48B
| $1.68M | ﹤0.01% |
19,800
+6,338
| +47% | +$504K |
|
|
ZAGG
2104
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $1.68M | ﹤0.01% |
247,397
-28,431
| -10% | -$166K |
|
2105
Workiva
WK
$3.28B
| $1.68M | ﹤0.01% |
+125,262
| New | +$1.72M |
|
2106
Braskem
BAK
$944M
| $1.68M | ﹤0.01% |
+129,810
| New | +$1.81M |
|
2107
Merit Medical Systems
MMSI
$4.67B
| $1.67M | ﹤0.01% |
96,582
+71,294
| +282% | +$1.05M |
|
|
MLNX
2108
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $1.67M | ﹤0.01% |
39,181
+23,858
| +156% | +$1.04M |
|
|
NCI
2109
DELISTED
Navigant Consulting, Inc.
NCI
| $1.67M | ﹤0.01% |
108,844
-44,562
| -29% | -$647K |
|
2110
iShares Russell 2000 Value ETF
IWN
$14.5B
| $1.67M | ﹤0.01% |
16,447
-38,945
| -70% | -$3.82M |
|
2111
Wheaton Precious Metals
WPM
$49.8B
| $1.67M | ﹤0.01% |
82,207
-208,110
| -72% | -$4.14M |
|
|
HOUS
2112
CALL
DELISTED
Anywhere Real Estate
HOUS
| $1.67M | ﹤0.01% |
37,500
| – | – |
|
2113
CALL
Puma Biotechnology
PBYI
$406M
| $1.67M | ﹤0.01% |
+8,800
| New | +$1.95M |
|
2114
Arq
ARQ
$83.7M
| $1.67M | ﹤0.01% |
73,118
+14,042
| +24% | +$288K |
|
2115
Ross Stores
ROST
$80.5B
| $1.67M | ﹤0.01% |
+35,318
| New | +$1.49M |
|
|
GCAP
2116
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $1.67M | ﹤0.01% |
+184,568
| New | +$1.5M |
|
|
RDUS
2117
DELISTED
Radius Recycling
RDUS
| $1.66M | ﹤0.01% |
73,601
-33,453
| -31% | -$769K |
|
2118
Fresenius Medical Care
FMS
$13.3B
| $1.66M | ﹤0.01% |
44,629
-34,726
| -44% | -$1.25M |
|
|
RBY
2119
DELISTED
RUBICON MENERALS CORP (F)
RBY
| $1.66M | ﹤0.01% |
+1,706,359
| New | +$1.78M |
|
2120
Aegon
AEG
$13.6B
| $1.65M | ﹤0.01% |
+318,721
| New | +$1.72M |
|
2121
Tredegar Corp
TG
$263M
| $1.65M | ﹤0.01% |
73,402
+25,012
| +52% | +$471K |
|
2122
Vanguard Total International Bond ETF
BNDX
$82.3B
| $1.65M | ﹤0.01% |
31,003
+12,665
| +69% | +$665K |
|
2123
MaxLinear
MXL
$5.35B
| $1.65M | ﹤0.01% |
222,295
+157,870
| +245% | +$1.13M |
|
2124
CALL
MPLX
MPLX
$60.1B
| $1.65M | ﹤0.01% |
+22,400
| New | +$1.43M |
|
|
SHOR
2125
DELISTED
ShoreTel, Inc.
SHOR
| $1.64M | ﹤0.01% |
223,606
-129,350
| -37% | -$957K |
|
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.