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 |
NextEra Energy
NEE
|
+$122M |
| 2 |
Gilead Sciences
GILD
|
+$122M |
| 3 |
DTE Energy
DTE
|
+$121M |
| 4 |
Ameren
AEE
|
+$118M |
| 5 |
AGN
Allergan plc
AGN
|
+$107M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dominion Energy
D
|
+$125M |
| 2 |
HES
Hess
HES
|
+$101M |
| 3 |
BHI
Baker Hughes
BHI
|
+$84M |
| 4 |
ELN
ELAN CORP ADS(RP1 ORD4IRISH PN
ELN
|
+$79.9M |
| 5 |
Cheniere Energy
LNG
|
+$72.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.74% |
| 2 | Energy | 10.93% |
| 3 | Utilities | 8.1% |
| 4 | Financials | 7.35% |
| 5 | Consumer Discretionary | 6.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Newmont
NEM
$98.2B
| $28.4M | 0.09% |
1,231,436
+440,302
| +56% | +$11.3M |
|
227
Bruker
BRKR
$9.2B
| $28.3M | 0.09% |
1,432,187
+358,873
| +33% | +$7.04M |
|
|
RHT
228
DELISTED
Red Hat Inc
RHT
| $28.1M | 0.09% |
501,680
+371,737
| +286% | +$17.2M |
|
229
Robert Half
RHI
$3.61B
| $28.1M | 0.09% |
668,917
+513,062
| +329% | +$20.2M |
|
230
Republic Services
RSG
$66.7B
| $28.1M | 0.09% |
845,000
+743,529
| +733% | +$25.2M |
|
|
DFS
231
DELISTED
Discover Financial Services
DFS
| $28M | 0.09% |
500,544
-169,599
| -25% | -$8.89M |
|
232
Range Resources
RRC
$9.11B
| $28M | 0.09% |
331,531
+92,553
| +39% | +$7.2M |
|
|
B
233
PUT
Barrick Mining
B
$62.2B
| $27.9M | 0.09% |
1,584,300
-46,500
| -3% | -$820K |
|
234
CALL
United Airlines
UAL
$38.4B
| $27.9M | 0.09% |
737,300
-43,100
| -6% | -$1.51M |
|
235
Insmed
INSM
$23.2B
| $27.8M | 0.09% |
1,632,868
+346,997
| +27% | +$5.31M |
|
236
CALL
Microsoft
MSFT
$2.84T
| $27.7M | 0.09% |
739,200
+28,300
| +4% | +$1.03M |
|
237
Bread Financial
BFH
$4.21B
| $27.5M | 0.09% |
131,250
-83,409
| -39% | -$15.9M |
|
238
Northern Trust
NTRS
$22.2B
| $27.4M | 0.09% |
443,129
+312,006
| +238% | +$17.9M |
|
239
Dollar Tree
DLTR
$23.1B
| $27.4M | 0.09% |
485,877
+338,649
| +230% | +$19.5M |
|
|
240
CALL
Range Resources
RRC
$9.11B
| $27.3M | 0.09% |
323,700
-32,400
| -9% | -$2.52M |
|
241
Eagle Materials
EXP
$6.6B
| $27.2M | 0.09% |
351,924
+240,970
| +217% | +$18.1M |
|
|
ICPT
242
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $27.2M | 0.09% |
398,527
+98,041
| +33% | +$5.67M |
|
243
Oil States International
OIS
$522M
| $27.1M | 0.09% |
467,070
-342,139
| -42% | -$20.5M |
|
|
DATA
244
DELISTED
Tableau Software, Inc.
DATA
| $27.1M | 0.09% |
392,743
+211,394
| +117% | +$13.8M |
|
245
Paychex
PAYX
$40.4B
| $27.1M | 0.09% |
+594,351
| New | +$25.4M |
|
246
PUT
Tapestry
TPR
$28.8B
| $27M | 0.09% |
481,700
+176,800
| +58% | +$9.55M |
|
|
CPWR
247
DELISTED
COMPUWARE CORP
CPWR
| $26.9M | 0.08% |
2,494,462
+1,539,516
| +161% | +$16.1M |
|
|
WFT
248
DELISTED
Weatherford International plc
WFT
| $26.8M | 0.08% |
1,729,866
-4,339,637
| -71% | -$68.9M |
|
249
American Airlines Group
AAL
$9.58B
| $26.7M | 0.08% |
+1,057,839
| New | +$27.2M |
|
|
BAS
250
DELISTED
Basis Energy Services, Inc.
BAS
| $26.7M | 0.08% |
2,966
-281
| -9% | -$2.33M |
|
Similar funds
Millennium Management's Q4 2013 Portfolio in Review
As of Q4 2013, Millennium Management held 4,194 positions worth $31.7B, up 2% from $31.1B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Millennium Management withdrew a net $1.71B in Q4 2013, closing 788 positions and reducing 1,165 holdings. Its most notable exit was ELAN CORP ADS(RP1 ORD4IRISH PN, an estimated $79.9M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, up from 7.9% a quarter earlier, followed by Energy and Utilities.
Against the trend, Millennium Management opened a new position in Crown Holdings worth $64.3M.
- Millennium Management's largest Q4 2013 buy was Crown Holdings: 1,441,595 shares worth $64.3M.
- Millennium Management added most to NextEra Energy in Q4 2013, an estimated $122M increase.
- Millennium Management's biggest Q4 2013 reduction was Dominion Energy, cutting an estimated $125M.
- Millennium Management fully exited ELAN CORP ADS(RP1 ORD4IRISH PN in Q4 2013, selling an estimated $79.9M.
- Millennium Management's ten largest holdings make up 14% of its $31.7B portfolio in Q4 2013.
- Millennium Management opened 937 new positions and closed 788 in Q4 2013.
- Millennium Management's portfolio value rose 2% quarter-over-quarter to $31.7B.
Based on Millennium Management's 13F filing for Q4 2013, filed 14 Feb 2014.