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 | |
|---|---|---|---|---|---|---|
2351
Hyster-Yale Materials Handling
HY
$576M
| $1.2M | ﹤0.01% |
+16,418
| New | +$1.22M |
|
2352
IMAX
IMAX
$2.67B
| $1.2M | ﹤0.01% |
+38,829
| New | +$1.14M |
|
2353
Rockwell Medical
RMTI
$27.2M
| $1.2M | ﹤0.01% |
+1,058
| New | +$1.09M |
|
|
HMHC
2354
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $1.2M | ﹤0.01% |
+57,770
| New | +$1.15M |
|
|
FGL
2355
DELISTED
Fidelity & Guaranty Life
FGL
| $1.2M | ﹤0.01% |
49,287
+31,027
| +170% | +$730K |
|
2356
Sarepta Therapeutics
SRPT
$1.64B
| $1.19M | ﹤0.01% |
82,305
-5,299
| -6% | -$89.7K |
|
2357
SK Telecom
SKM
$11.4B
| $1.19M | ﹤0.01% |
+26,744
| New | +$1.24M |
|
2358
PUT
Affiliated Managers Group
AMG
$9.51B
| $1.19M | ﹤0.01% |
5,600
+1,200
| +27% | +$238K |
|
2359
DHT Holdings
DHT
$2.99B
| $1.19M | ﹤0.01% |
162,584
-1,369,406
| -89% | -$8.68M |
|
2360
Korea Electric Power
KEP
$14.6B
| $1.19M | ﹤0.01% |
61,234
-33,833
| -36% | -$715K |
|
|
ACAS
2361
DELISTED
American Capital Ltd
ACAS
| $1.19M | ﹤0.01% |
81,096
-56,850
| -41% | -$830K |
|
|
PEI
2362
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $1.18M | ﹤0.01% |
3,364
-18,721
| -85% | -$6.14M |
|
2363
Ericsson
ERIC
$32.1B
| $1.18M | ﹤0.01% |
97,471
-9,638
| -9% | -$116K |
|
2364
Cavco Industries
CVCO
$4.36B
| $1.18M | ﹤0.01% |
14,846
-3,890
| -21% | -$286K |
|
2365
Vanguard FTSE Emerging Markets ETF
VWO
$117B
| $1.17M | ﹤0.01% |
29,200
-33,295
| -53% | -$1.37M |
|
2366
CALL
Factset
FDS
$10B
| $1.17M | ﹤0.01% |
8,300
-5,100
| -38% | -$677K |
|
|
DRWI
2367
DELISTED
DragonWave Inc
DRWI
| $1.17M | ﹤0.01% |
48,500
-19,500
| -29% | -$517K |
|
2368
PUT
Simon Property Group
SPG
$76.4B
| $1.17M | ﹤0.01% |
6,400
+3,900
| +156% | +$692K |
|
|
TROVW
2369
DELISTED
TrovaGene, Inc. Warrant
TROVW
| $1.16M | ﹤0.01% |
535,786
+100
| +0% | +$296 |
|
2370
PUT
Whirlpool
WHR
$2.49B
| $1.16M | ﹤0.01% |
+6,000
| New | +$1.03M |
|
2371
Scorpio Tankers
STNG
$3.91B
| $1.16M | ﹤0.01% |
13,354
-32,139
| -71% | -$2.66M |
|
2372
ReWalk Robotics
LFWD
$20M
| $1.16M | ﹤0.01% |
29
-6
| -17% | -$330K |
|
|
EHIC
2373
DELISTED
eHi Car Services Limited
EHIC
| $1.16M | ﹤0.01% |
+141,542
| New | +$1.48M |
|
|
ATTO
2374
DELISTED
Atento S.A.
ATTO
| $1.15M | ﹤0.01% |
+21,941
| New | +$1.21M |
|
2375
Capitol Federal Financial
CFFN
$1.09B
| $1.15M | ﹤0.01% |
90,173
-14,310
| -14% | -$179K |
|
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.