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 | |
|---|---|---|---|---|---|---|
2801
Ducommun
DCO
$2.66B
| $326K | ﹤0.01% |
+11,378
| New | +$290K |
|
|
IMMU
2802
DELISTED
Immunomedics Inc
IMMU
| $325K | ﹤0.01% |
52,487
-75,200
| -59% | -$433K |
|
|
HTS
2803
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $325K | ﹤0.01% |
+17,351
| New | +$349K |
|
2804
PUT
Hain Celestial
HAIN
$46M
| $324K | ﹤0.01% |
+8,400
| New | +$317K |
|
2805
Southwest Gas
SWX
$6.69B
| $324K | ﹤0.01% |
6,487
-20,793
| -76% | -$1.01M |
|
2806
Vanguard Total Stock Market ETF
VTI
$653B
| $324K | ﹤0.01% |
+3,700
| New | +$322K |
|
2807
PUT
Wheaton Precious Metals
WPM
$50.5B
| $324K | ﹤0.01% |
+13,100
| New | +$312K |
|
|
FMBI
2808
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $324K | ﹤0.01% |
21,500
-170,571
| -89% | -$2.59M |
|
2809
Perdoceo Education
PRDO
$1.98B
| $322K | ﹤0.01% |
117,142
+83,496
| +248% | +$257K |
|
|
KBAL
2810
DELISTED
Kimball International
KBAL
| $322K | ﹤0.01% |
37,177
-5,300
| -12% | -$44.9K |
|
|
SCMP
2811
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
| $322K | ﹤0.01% |
51,645
-7,581
| -13% | -$47.4K |
|
|
SPLS
2812
DELISTED
Staples Inc
SPLS
| $322K | ﹤0.01% |
+22,000
| New | +$345K |
|
2813
CALL
Core Laboratories
CLB
$521M
| $321K | ﹤0.01% |
+1,900
| New | +$295K |
|
|
GRMN
2814
PUT
Garmin
GRMN
$46.6B
| $321K | ﹤0.01% |
+7,100
| New | +$282K |
|
|
PKD
2815
DELISTED
Parker Drilling Company
PKD
| $321K | ﹤0.01% |
+3,757
| New | +$328K |
|
|
ECYT
2816
DELISTED
Endocyte, Inc. Common Stock
ECYT
| $321K | ﹤0.01% |
24,088
+10,492
| +77% | +$166K |
|
|
ZEP
2817
DELISTED
ZEP INC COM STK (DE)
ZEP
| $321K | ﹤0.01% |
19,759
+8,509
| +76% | +$120K |
|
2818
CALL
Williams-Sonoma
WSM
$27.2B
| $320K | ﹤0.01% |
+11,400
| New | +$330K |
|
2819
Materion
MTRN
$4.81B
| $319K | ﹤0.01% |
9,949
-30,501
| -75% | -$932K |
|
|
TAT
2820
DELISTED
TransAtlantic Petroleum LTD.
TAT
| $319K | ﹤0.01% |
37,994
| – | – |
|
2821
Nomura Holdings
NMR
$28.4B
| $316K | ﹤0.01% |
40,400
-1,002
| -2% | -$7.75K |
|
2822
PUT
Molson Coors Class B
TAP
$7.72B
| $316K | ﹤0.01% |
+6,300
| New | +$317K |
|
|
ELME
2823
Elme Communities
ELME
$144M
| $315K | ﹤0.01% |
12,451
+419
| +3% | +$10.9K |
|
2824
PUT
BorgWarner
BWA
$12.9B
| $314K | ﹤0.01% |
+7,043
| New | +$296K |
|
|
2825
PUT
Johnson & Johnson
JNJ
$645B
| $314K | ﹤0.01% |
+4,000
| New | +$359K |
|
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.