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 | |
|---|---|---|---|---|---|---|
2651
CALL
Titan International
TWI
$519M
| $420K | ﹤0.01% |
46,400
-7,200
| -13% | -$119K |
|
2652
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.66B
| $420K | ﹤0.01% |
20,000
-106,400
| -84% | -$2.18M |
|
|
TEN
2653
Tsakos Energy Navigation Ltd
TEN
$1.18B
| $420K | ﹤0.01% |
16,109
-2,811
| -15% | -$69.8K |
|
2654
MGE Energy Inc
MGEE
$3.08B
| $418K | ﹤0.01% |
11,495
+5,945
| +107% | +$222K |
|
|
HBI
2655
CALL
DELISTED
Hanesbrands
HBI
| $417K | ﹤0.01% |
+26,800
| New | +$399K |
|
|
CTXS
2656
CALL
DELISTED
Citrix Systems Inc
CTXS
| $417K | ﹤0.01% |
7,409
| – | – |
|
|
ENH
2657
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $417K | ﹤0.01% |
+7,763
| New | +$403K |
|
|
ENV
2658
DELISTED
ENVESTNET, INC.
ENV
| $417K | ﹤0.01% |
+13,438
| New | +$373K |
|
|
TBHC
2659
DELISTED
The Brand House Collective
TBHC
| $416K | ﹤0.01% |
22,543
-8,023
| -26% | -$147K |
|
|
NGD
2660
DELISTED
New Gold Inc
NGD
| $416K | ﹤0.01% |
69,642
+49,457
| +245% | +$337K |
|
|
CTG
2661
DELISTED
Computer Task Group, Inc.
CTG
| $416K | ﹤0.01% |
+25,713
| New | +$504K |
|
2662
CALL
American Tower
AMT
$77.7B
| $415K | ﹤0.01% |
+5,600
| New | +$404K |
|
2663
CALL
Honeywell
HON
$77.9B
| $415K | ﹤0.01% |
+5,564
| New | +$413K |
|
|
PMC
2664
DELISTED
PharMerica Corporation
PMC
| $415K | ﹤0.01% |
31,285
-118,536
| -79% | -$1.6M |
|
|
CCIX
2665
DELISTED
COLEMAN CABLE IN COM
CCIX
| $415K | ﹤0.01% |
19,679
-9,806
| -33% | -$199K |
|
2666
MannKind Corp
MNKD
$1.22B
| $413K | ﹤0.01% |
+14,500
| New | +$479K |
|
|
SIAL
2667
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $413K | ﹤0.01% |
4,844
-19,305
| -80% | -$1.62M |
|
2668
CALL
EnerSys
ENS
$6.94B
| $412K | ﹤0.01% |
+6,800
| New | +$365K |
|
2669
CALL
General Mills
GIS
$19.5B
| $412K | ﹤0.01% |
+8,600
| New | +$432K |
|
2670
Allot
ALLT
$373M
| $410K | ﹤0.01% |
32,373
-38,096
| -54% | -$508K |
|
2671
Cal-Maine
CALM
$4.2B
| $409K | ﹤0.01% |
+17,026
| New | +$413K |
|
|
CSR
2672
Centerspace
CSR
$937M
| $409K | ﹤0.01% |
4,956
-6,705
| -57% | -$572K |
|
2673
CALL
MGM Resorts International
MGM
$11.8B
| $409K | ﹤0.01% |
20,000
| – | – |
|
2674
Gladstone Capital
GLAD
$430M
| $408K | ﹤0.01% |
23,391
+5,691
| +32% | +$96.8K |
|
|
EQC
2675
DELISTED
Equity Commonwealth
EQC
| $407K | ﹤0.01% |
+18,581
| New | +$443K |
|
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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.