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 | |
|---|---|---|---|---|---|---|
2601
NewMarket
NEU
$7.13B
| $456K | ﹤0.01% |
+1,583
| New | +$440K |
|
|
WGL
2602
DELISTED
Wgl Holdings
WGL
| $456K | ﹤0.01% |
10,682
-12,920
| -55% | -$562K |
|
2603
State Street SPDR S&P Bank ETF
KBE
$1.63B
| $455K | ﹤0.01% |
+15,140
| New | +$463K |
|
|
ALBO
2604
DELISTED
Albireo Pharma Inc
ALBO
| $454K | ﹤0.01% |
+4,805
| New | +$626K |
|
2605
Bio-Techne
TECH
$11.2B
| $453K | ﹤0.01% |
22,644
-183,904
| -89% | -$3.49M |
|
2606
HCI Group
HCI
$2.25B
| $451K | ﹤0.01% |
11,033
-34,091
| -76% | -$1.18M |
|
2607
CALL
Boston Properties
BXP
$11B
| $449K | ﹤0.01% |
+4,200
| New | +$444K |
|
2608
TFS Financial
TFSL
$5.07B
| $449K | ﹤0.01% |
+37,511
| New | +$432K |
|
|
SIVB
2609
PUT
DELISTED
SVB Financial Group
SIVB
| $449K | ﹤0.01% |
+5,200
| New | +$449K |
|
2610
PUT
Honeywell
HON
$77.9B
| $448K | ﹤0.01% |
+6,010
| New | +$446K |
|
|
TARO
2611
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $448K | ﹤0.01% |
+5,900
| New | +$383K |
|
|
CBR
2612
DELISTED
CIBER Inc.
CBR
| $446K | ﹤0.01% |
135,184
+72,068
| +114% | +$260K |
|
|
SKH
2613
DELISTED
SKILLED HEALTHCARE GROUP, INC. CLASS A COM STK
SKH
| $446K | ﹤0.01% |
102,306
+83,155
| +434% | +$451K |
|
|
ARG
2614
PUT
DELISTED
Airgas Inc
ARG
| $445K | ﹤0.01% |
+4,200
| New | +$431K |
|
|
NOAH
2615
Noah Holdings
NOAH
$595M
| $443K | ﹤0.01% |
26,000
-8,837
| -25% | -$124K |
|
|
RBCN
2616
DELISTED
Rubicon Technology, Inc.
RBCN
| $442K | ﹤0.01% |
+3,653
| New | +$370K |
|
|
NTP
2617
DELISTED
Nam Tai Property Inc.
NTP
| $442K | ﹤0.01% |
56,864
-310,920
| -85% | -$2.32M |
|
2618
PUT
Core Laboratories
CLB
$518M
| $440K | ﹤0.01% |
+2,600
| New | +$404K |
|
2619
Forestar Group
FOR
$1.47B
| $439K | ﹤0.01% |
20,390
-151,034
| -88% | -$3.19M |
|
2620
Forrester Research
FORR
$185M
| $439K | ﹤0.01% |
11,956
-28,525
| -70% | -$1.01M |
|
|
NSM
2621
PUT
DELISTED
Nationstar Mortgage Holdings
NSM
| $439K | ﹤0.01% |
7,800
-6,700
| -46% | -$326K |
|
2622
Clarus
CLAR
$126M
| $438K | ﹤0.01% |
36,201
+22,627
| +167% | +$240K |
|
|
RNDY
2623
DELISTED
ROUNDYS INC COM STK
RNDY
| $438K | ﹤0.01% |
50,936
+17,052
| +50% | +$152K |
|
2624
Ametek
AME
$55.7B
| $437K | ﹤0.01% |
+9,486
| New | +$427K |
|
|
CBF
2625
DELISTED
Capital Bank Financial Corp. Class A Common Stock
CBF
| $437K | ﹤0.01% |
19,895
-15,805
| -44% | -$320K |
|
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.