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 | |
|---|---|---|---|---|---|---|
2201
Blue Bird Corp
BLBD
$2.28B
| $1.48M | ﹤0.01% |
150,000
| – | – |
|
|
IL
2202
DELISTED
IntraLinks Holdings Inc.
IL
| $1.48M | ﹤0.01% |
124,145
-90,757
| -42% | -$881K |
|
2203
PUT
Delta Air Lines
DAL
$57.6B
| $1.48M | ﹤0.01% |
30,000
+20,400
| +213% | +$859K |
|
2204
Henry Schein
HSIC
$9.77B
| $1.48M | ﹤0.01% |
+27,645
| New | +$1.38M |
|
2205
CALL
Cheniere Energy
CQP
$31.7B
| $1.48M | ﹤0.01% |
46,100
-125,800
| -73% | -$3.85M |
|
2206
Mercury Systems
MRCY
$5.56B
| $1.47M | ﹤0.01% |
105,853
+11,771
| +13% | +$151K |
|
|
CASC
2207
DELISTED
Cascadian Therapeutics, Inc.
CASC
| $1.47M | ﹤0.01% |
129,167
+12,500
| +11% | +$136K |
|
|
HDP
2208
DELISTED
Hortonworks, Inc.
HDP
| $1.47M | ﹤0.01% |
+54,523
| New | +$1.38M |
|
|
SHLD
2209
DELISTED
Sears Holding Corporation
SHLD
| $1.47M | ﹤0.01% |
44,584
-70,899
| -61% | -$2.32M |
|
2210
CALL
BP
BP
$112B
| $1.47M | ﹤0.01% |
46,401
+39,922
| +616% | +$1.34M |
|
|
RVNC
2211
DELISTED
Revance Therapeutics, Inc.
RVNC
| $1.47M | ﹤0.01% |
86,552
-67,432
| -44% | -$1.18M |
|
|
BWP
2212
DELISTED
Boardwalk Pipeline Partners
BWP
| $1.47M | ﹤0.01% |
82,500
-330,000
| -80% | -$5.58M |
|
2213
Cytokinetics
CYTK
$10.8B
| $1.46M | ﹤0.01% |
182,626
-17,374
| -9% | -$74.6K |
|
2214
PUT
iShares MSCI Brazil ETF
EWZ
$9.04B
| $1.46M | ﹤0.01% |
40,000
+10,000
| +33% | +$406K |
|
|
DCM
2215
DELISTED
NTT DOCOMO, Inc.
DCM
| $1.46M | ﹤0.01% |
+99,907
| New | +$1.57M |
|
|
PAY
2216
CALL
DELISTED
Verifone Systems Inc
PAY
| $1.46M | ﹤0.01% |
39,200
-3,000
| -7% | -$106K |
|
|
NOR
2217
DELISTED
NORANDA ALUM HLDG CORP COM NEW
NOR
| $1.46M | ﹤0.01% |
59,163
+284
| +0.5% | +$7.66K |
|
|
ORBK
2218
DELISTED
Orbotech Ltd
ORBK
| $1.46M | ﹤0.01% |
98,472
+33,455
| +51% | +$500K |
|
|
RGC
2219
DELISTED
Regal Entertainment Group
RGC
| $1.45M | ﹤0.01% |
68,064
+42,380
| +165% | +$893K |
|
|
DEST
2220
DELISTED
Destination Maternity Corporation
DEST
| $1.45M | ﹤0.01% |
91,121
+70,338
| +338% | +$1.07M |
|
|
PMCS
2221
DELISTED
P M C SIERRA INC
PMCS
| $1.45M | ﹤0.01% |
158,322
+72,943
| +85% | +$577K |
|
|
MRGE
2222
DELISTED
MERGE HEALTHCARE INC COM STK (WI)
MRGE
| $1.45M | ﹤0.01% |
406,201
+390,361
| +2,464% | +$1.15M |
|
2223
Nomura Holdings
NMR
$28.5B
| $1.44M | ﹤0.01% |
254,657
+199,473
| +361% | +$1.18M |
|
|
RBS.PRP
2224
DELISTED
Royal Bank of Scotland Group Plc (The) ADR representing Pref
RBS.PRP
| $1.44M | ﹤0.01% |
59,877
+38,523
| +180% | +$928K |
|
2225
Celestica
CLS
$38.5B
| $1.44M | ﹤0.01% |
122,580
-3,408
| -3% | -$36.6K |
|
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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.