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 | |
|---|---|---|---|---|---|---|
2676
PUT
EOG Resources
EOG
$74.7B
| $406K | ﹤0.01% |
+4,800
| New | +$372K |
|
2677
Heartland Express
HTLD
$1.06B
| $406K | ﹤0.01% |
+28,634
| New | +$411K |
|
2678
PUT
Mercado Libre
MELI
$92.3B
| $405K | ﹤0.01% |
+3,000
| New | +$360K |
|
2679
CALL
Lamar Advertising Co
LAMR
$16.3B
| $404K | ﹤0.01% |
8,600
-21,400
| -71% | -$943K |
|
2680
PUT
Mastercard
MA
$487B
| $404K | ﹤0.01% |
+6,000
| New | +$377K |
|
|
TEAR
2681
DELISTED
TearLab Corporation
TEAR
| $404K | ﹤0.01% |
3,650
+1,269
| +53% | +$158K |
|
|
AWH
2682
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $403K | ﹤0.01% |
12,174
+960
| +9% | +$30.2K |
|
2683
PUT
Acadia Pharmaceuticals
ACAD
$4.35B
| $401K | ﹤0.01% |
14,600
-105,700
| -88% | -$2.21M |
|
|
2684
PUT
Lamar Advertising Co
LAMR
$16.3B
| $400K | ﹤0.01% |
8,500
-21,500
| -72% | -$947K |
|
|
BCIC
2685
BCP Investment Corp
BCIC
$88.1M
| $400K | ﹤0.01% |
+4,470
| New | +$425K |
|
2686
CorMedix
CRMD
$596M
| $399K | ﹤0.01% |
88,605
+52,915
| +148% | +$251K |
|
2687
PUT
Cintas
CTAS
$84.4B
| $399K | ﹤0.01% |
+31,200
| New | +$379K |
|
2688
NVIDIA
NVDA
$4.76T
| $399K | ﹤0.01% |
1,026,440
-49,737,600
| -98% | -$18.5M |
|
2689
PUT
Wolfspeed
WOLF
$1.24B
| $397K | ﹤0.01% |
+6,600
| New | +$420K |
|
|
TUP
2690
DELISTED
Tupperware Brands Corporation
TUP
| $397K | ﹤0.01% |
4,594
-34,074
| -88% | -$2.84M |
|
2691
PUT
Goldman Sachs
GS
$309B
| $396K | ﹤0.01% |
+2,500
| New | +$402K |
|
|
WSTC
2692
DELISTED
West Corporation
WSTC
| $396K | ﹤0.01% |
+17,884
| New | +$408K |
|
|
DCM
2693
DELISTED
NTT DOCOMO, Inc.
DCM
| $396K | ﹤0.01% |
24,441
-48,986
| -67% | -$779K |
|
|
2694
CALL
Cintas
CTAS
$84.4B
| $394K | ﹤0.01% |
+30,800
| New | +$374K |
|
2695
Euronet Worldwide
EEFT
$3.01B
| $394K | ﹤0.01% |
9,892
-17,609
| -64% | -$636K |
|
2696
Powell Industries
POWL
$7.99B
| $393K | ﹤0.01% |
19,221
-8,589
| -31% | -$155K |
|
2697
Prospect Capital
PSEC
$1.12B
| $393K | ﹤0.01% |
35,161
+11,161
| +47% | +$124K |
|
|
EPAY
2698
DELISTED
Bottomline Technologies Inc
EPAY
| $393K | ﹤0.01% |
14,082
-36,512
| -72% | -$1.04M |
|
2699
PUT
Avnet
AVT
$7.25B
| $392K | ﹤0.01% |
+9,400
| New | +$363K |
|
2700
CALL
CVS Health
CVS
$137B
| $392K | ﹤0.01% |
+6,900
| New | +$411K |
|
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.