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 |
American Electric Power
AEP
|
+$119M |
| 2 |
PPL
PPL Corp
PPL
|
+$104M |
| 3 |
CMS Energy
CMS
|
+$101M |
| 4 |
Johnson & Johnson
JNJ
|
+$75M |
| 5 |
Home Depot
HD
|
+$71.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Duke Energy
DUK
|
+$125M |
| 2 |
Ameren
AEE
|
+$85.8M |
| 3 |
TWX
Time Warner Inc
TWX
|
+$76.1M |
| 4 |
Starwood Property Trust
STWD
|
+$72.3M |
| 5 |
DFS
Discover Financial Services
DFS
|
+$69.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 10.47% |
| 2 | Healthcare | 7.85% |
| 3 | Consumer Discretionary | 6.86% |
| 4 | Utilities | 6.71% |
| 5 | Financials | 6.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2576
PUT
NETSCOUT
NTCT
$2.86B
| $472K | ﹤0.01% |
+18,500
| New | +$478K |
|
2577
PUT
Copa Holdings
CPA
$5.65B
| $471K | ﹤0.01% |
+3,400
| New | +$466K |
|
|
BLT
2578
DELISTED
BLOUNT INTERNATIONAL (NEW)
BLT
| $471K | ﹤0.01% |
38,879
-5,619
| -13% | -$68.8K |
|
2579
CALL
Wolfspeed
WOLF
$1.24B
| $469K | ﹤0.01% |
7,800
-22,900
| -75% | -$1.46M |
|
|
PX
2580
CALL
DELISTED
Praxair Inc
PX
| $469K | ﹤0.01% |
+3,900
| New | +$463K |
|
|
FCH
2581
DELISTED
Felcor Lodging Trust
FCH
| $469K | ﹤0.01% |
76,205
+65,705
| +626% | +$394K |
|
|
CVGW
2582
DELISTED
Calavo Growers
CVGW
| $468K | ﹤0.01% |
15,489
+2,320
| +18% | +$63.9K |
|
2583
Diana Shipping
DSX
$274M
| $468K | ﹤0.01% |
+55,511
| New | +$425K |
|
2584
CALL
Ball Corp
BALL
$17.2B
| $467K | ﹤0.01% |
+20,800
| New | +$467K |
|
2585
PUT
Digital Realty Trust
DLR
$72.4B
| $467K | ﹤0.01% |
+8,800
| New | +$500K |
|
|
INTX
2586
DELISTED
Intersections, Inc.
INTX
| $467K | ﹤0.01% |
53,243
+23,206
| +77% | +$218K |
|
2587
Canadian National Railway
CNI
$78B
| $466K | ﹤0.01% |
9,200
-94,080
| -91% | -$4.64M |
|
2588
California Water Service
CWT
$3.04B
| $465K | ﹤0.01% |
22,874
-22,862
| -50% | -$471K |
|
|
NJ
2589
DELISTED
NIDEC CP (NIHON KABUSHIKI KAISHA)1 ADS REPTG .25 SH COM STK
NJ
| $465K | ﹤0.01% |
43,974
+15,038
| +52% | +$148K |
|
|
FOLD
2590
CALL
DELISTED
Amicus Therapeutics
FOLD
| $464K | ﹤0.01% |
200,000
-200,000
| -50% | -$502K |
|
2591
CALL
Royal Bank of Canada
RY
$291B
| $462K | ﹤0.01% |
+7,200
| New | +$447K |
|
2592
CALL
Centene
CNC
$31.6B
| $461K | ﹤0.01% |
+28,800
| New | +$415K |
|
2593
AtriCure
ATRC
$1.89B
| $460K | ﹤0.01% |
+41,932
| New | +$413K |
|
2594
A.O. Smith
AOS
$8.61B
| $458K | ﹤0.01% |
20,286
-107,028
| -84% | -$2.24M |
|
|
MODV
2595
DELISTED
ModivCare
MODV
| $458K | ﹤0.01% |
15,970
-8,701
| -35% | -$245K |
|
|
BODY
2596
PUT
DELISTED
BODY CENTRAL CORP COM STK
BODY
| $458K | ﹤0.01% |
75,000
| – | – |
|
|
SI
2597
CALL
DELISTED
SIEMENS AKTIENGESELLSCHAFT ADS
SI
| $458K | ﹤0.01% |
+3,800
| New | +$423K |
|
2598
CALL
Nordson
NDSN
$16.6B
| $457K | ﹤0.01% |
+6,200
| New | +$446K |
|
|
CCEC
2599
Capital Clean Energy Carriers
CCEC
$1.42B
| $457K | ﹤0.01% |
+7,261
| New | +$469K |
|
2600
Banco Macro
BMA
$5.89B
| $456K | ﹤0.01% |
+19,006
| New | +$341K |
|
Similar funds
Millennium Management's Q3 2013 Portfolio in Review
As of Q3 2013, Millennium Management held 3,899 positions worth $31.1B, down 4.8% from $32.6B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Millennium Management withdrew a net $3.75B in Q3 2013, closing 642 positions and reducing 1,073 holdings. Its most notable exit was BMC SOFTWARE, INC, an estimated $60.2M position sold in full.
By sector, the portfolio is most concentrated in Energy at 10% of assets, up from 8.5% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Millennium Management opened a new position in Johnson & Johnson worth $72.5M.
- Millennium Management's largest Q3 2013 buy was Johnson & Johnson: 836,108 shares worth $72.5M.
- Millennium Management added most to American Electric Power in Q3 2013, an estimated $119M increase.
- Millennium Management's biggest Q3 2013 reduction was Duke Energy, cutting an estimated $125M.
- Millennium Management fully exited BMC SOFTWARE, INC in Q3 2013, selling an estimated $60.2M.
- Millennium Management's ten largest holdings make up 22% of its $31.1B portfolio in Q3 2013.
- Millennium Management opened 955 new positions and closed 642 in Q3 2013.
- Millennium Management's portfolio value fell 4.8% quarter-over-quarter to $31.1B.
Based on Millennium Management's 13F filing for Q3 2013, filed 14 Nov 2013.