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 | |
|---|---|---|---|---|---|---|
|
BWLD
2751
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $358K | ﹤0.01% |
3,222
-60,625
| -95% | -$6.36M |
|
|
CRDS
2752
DELISTED
Crossroads Systems, Inc.
CRDS
| $358K | ﹤0.01% |
21,825
| – | – |
|
|
CNR
2753
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $357K | ﹤0.01% |
+28,000
| New | +$373K |
|
2754
CALL
Healthpeak Properties
DOC
$15.4B
| $356K | ﹤0.01% |
9,553
-45,896
| -83% | -$1.79M |
|
|
MITT
2755
TPG Mortgage Investment Trust
MITT
$233M
| $356K | ﹤0.01% |
7,140
-2,467
| -26% | -$129K |
|
2756
CALL
TD Synnex
SNX
$19.5B
| $356K | ﹤0.01% |
+11,600
| New | +$296K |
|
|
NDZ
2757
DELISTED
NORDION INC COM STK (CDA)
NDZ
| $356K | ﹤0.01% |
41,200
-43,840
| -52% | -$342K |
|
2758
Altisource Portfolio Solutions
ASPS
$65.4M
| $355K | ﹤0.01% |
+317
| New | +$308K |
|
|
TFM
2759
PUT
DELISTED
THE FRESH MARKET, INC COM STK
TFM
| $355K | ﹤0.01% |
+7,500
| New | +$390K |
|
2760
Pebblebrook Hotel Trust
PEB
$2.18B
| $352K | ﹤0.01% |
12,271
-129
| -1% | -$3.52K |
|
2761
Caesarstone
CSTE
$71.6M
| $351K | ﹤0.01% |
+7,687
| New | +$291K |
|
|
BMS
2762
PUT
DELISTED
Bemis
BMS
| $347K | ﹤0.01% |
+8,900
| New | +$361K |
|
|
CSH
2763
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $347K | ﹤0.01% |
16,896
-45,277
| -73% | -$902K |
|
|
KNL
2764
DELISTED
Knoll, Inc.
KNL
| $347K | ﹤0.01% |
20,470
-101,346
| -83% | -$1.63M |
|
2765
LiveRamp
RAMP
$2.3B
| $346K | ﹤0.01% |
12,184
-36,123
| -75% | -$927K |
|
|
LSI
2766
DELISTED
Life Storage, Inc.
LSI
| $346K | ﹤0.01% |
6,855
-58,736
| -90% | -$2.76M |
|
|
ANH
2767
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $346K | ﹤0.01% |
71,656
+42,791
| +148% | +$205K |
|
2768
AudioCodes
AUDC
$248M
| $345K | ﹤0.01% |
+49,282
| New | +$278K |
|
|
SYMM
2769
DELISTED
SYMMETRICOM INC
SYMM
| $345K | ﹤0.01% |
71,622
-67,035
| -48% | -$326K |
|
2770
Azenta
AZTA
$1.27B
| $344K | ﹤0.01% |
36,962
+14,523
| +65% | +$139K |
|
2771
Chesapeake Utilities
CPK
$3.26B
| $344K | ﹤0.01% |
9,819
+1,263
| +15% | +$46.2K |
|
|
AEGN
2772
DELISTED
Aegion Corp
AEGN
| $344K | ﹤0.01% |
+14,500
| New | +$336K |
|
|
NTRI
2773
DELISTED
NutriSystem, Inc.
NTRI
| $344K | ﹤0.01% |
23,932
-56,525
| -70% | -$706K |
|
|
ZGNX
2774
DELISTED
Zogenix, Inc.
ZGNX
| $344K | ﹤0.01% |
23,248
-7,893
| -25% | -$106K |
|
2775
CALL
Unisys
UIS
$244M
| $340K | ﹤0.01% |
13,500
-50,000
| -79% | -$1.25M |
|
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.