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 |
NextEra Energy
NEE
|
+$122M |
| 2 |
Gilead Sciences
GILD
|
+$122M |
| 3 |
DTE Energy
DTE
|
+$121M |
| 4 |
Ameren
AEE
|
+$118M |
| 5 |
AGN
Allergan plc
AGN
|
+$107M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dominion Energy
D
|
+$125M |
| 2 |
HES
Hess
HES
|
+$101M |
| 3 |
BHI
Baker Hughes
BHI
|
+$84M |
| 4 |
ELN
ELAN CORP ADS(RP1 ORD4IRISH PN
ELN
|
+$79.9M |
| 5 |
Cheniere Energy
LNG
|
+$72.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.74% |
| 2 | Energy | 10.93% |
| 3 | Utilities | 8.1% |
| 4 | Financials | 7.35% |
| 5 | Consumer Discretionary | 6.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GLF
2751
DELISTED
GulfMark Offshore, Inc. Common Stock
GLF
| $461K | ﹤0.01% |
9,785
-130,113
| -93% | -$6.44M |
|
2752
TFS Financial
TFSL
$5.18B
| $460K | ﹤0.01% |
38,000
+489
| +1% | +$5.85K |
|
|
RBS.PRH.CL
2753
DELISTED
Royal Bank Of Scotland Group
RBS.PRH.CL
| $460K | ﹤0.01% |
+19,036
| New | +$466K |
|
2754
Clear Channel Outdoor Holdings
CCO
$1.23B
| $459K | ﹤0.01% |
45,277
+21,179
| +88% | +$196K |
|
|
LNCE
2755
DELISTED
Snyders-Lance, Inc.
LNCE
| $459K | ﹤0.01% |
+16,000
| New | +$457K |
|
|
MCF
2756
DELISTED
Contango Oil & Gas Co.
MCF
| $459K | ﹤0.01% |
+9,706
| New | +$427K |
|
2757
China Yuchai International
CYD
$1.74B
| $458K | ﹤0.01% |
+21,936
| New | +$507K |
|
|
SRDX
2758
DELISTED
Surmodics
SRDX
| $456K | ﹤0.01% |
+18,700
| New | +$441K |
|
|
WSR
2759
DELISTED
Whitestone REIT
WSR
| $456K | ﹤0.01% |
+34,098
| New | +$460K |
|
2760
PUT
Phillips 66
PSX
$82.5B
| $455K | ﹤0.01% |
5,900
-500
| -8% | -$33.4K |
|
|
WBA
2761
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $454K | ﹤0.01% |
+7,900
| New | +$460K |
|
2762
Adeia
ADEA
$2.77B
| $453K | ﹤0.01% |
86,834
-175,445
| -67% | -$893K |
|
2763
Exponent
EXPO
$3.15B
| $452K | ﹤0.01% |
23,396
-6,212
| -21% | -$117K |
|
2764
Clarus
CLAR
$128M
| $451K | ﹤0.01% |
34,013
-2,188
| -6% | -$29K |
|
2765
PUT
Alnylam Pharmaceuticals
ALNY
$38.5B
| $450K | ﹤0.01% |
+7,000
| New | +$418K |
|
2766
PUT
National Fuel Gas
NFG
$7.73B
| $450K | ﹤0.01% |
+6,300
| New | +$438K |
|
2767
PUT
Transocean
RIG
$5.52B
| $450K | ﹤0.01% |
+9,100
| New | +$445K |
|
|
SUSQ
2768
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
| $449K | ﹤0.01% |
35,000
-460,269
| -93% | -$5.71M |
|
2769
Encore Capital Group
ECPG
$2.06B
| $448K | ﹤0.01% |
8,904
-20,352
| -70% | -$968K |
|
2770
Sinclair Inc
SBGI
$1.02B
| $447K | ﹤0.01% |
+12,500
| New | +$420K |
|
|
RDS.A
2771
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $447K | ﹤0.01% |
6,269
-251,787
| -98% | -$16.9M |
|
2772
Avis
CAR
$5.88B
| $445K | ﹤0.01% |
+11,000
| New | +$368K |
|
|
MBII
2773
DELISTED
Marrone Bio Innovations, Inc.
MBII
| $445K | ﹤0.01% |
25,000
-10,400
| -29% | -$169K |
|
2774
Pearson
PSO
$10.5B
| $444K | ﹤0.01% |
19,800
-37,511
| -65% | -$796K |
|
2775
ATI
ATI
$25.5B
| $443K | ﹤0.01% |
12,434
-40,949
| -77% | -$1.35M |
|
Similar funds
Millennium Management's Q4 2013 Portfolio in Review
As of Q4 2013, Millennium Management held 4,194 positions worth $31.7B, up 2% from $31.1B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Millennium Management withdrew a net $1.71B in Q4 2013, closing 788 positions and reducing 1,165 holdings. Its most notable exit was ELAN CORP ADS(RP1 ORD4IRISH PN, an estimated $79.9M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, up from 7.9% a quarter earlier, followed by Energy and Utilities.
Against the trend, Millennium Management opened a new position in Crown Holdings worth $64.3M.
- Millennium Management's largest Q4 2013 buy was Crown Holdings: 1,441,595 shares worth $64.3M.
- Millennium Management added most to NextEra Energy in Q4 2013, an estimated $122M increase.
- Millennium Management's biggest Q4 2013 reduction was Dominion Energy, cutting an estimated $125M.
- Millennium Management fully exited ELAN CORP ADS(RP1 ORD4IRISH PN in Q4 2013, selling an estimated $79.9M.
- Millennium Management's ten largest holdings make up 14% of its $31.7B portfolio in Q4 2013.
- Millennium Management opened 937 new positions and closed 788 in Q4 2013.
- Millennium Management's portfolio value rose 2% quarter-over-quarter to $31.7B.
Based on Millennium Management's 13F filing for Q4 2013, filed 14 Feb 2014.