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 | |
|---|---|---|---|---|---|---|
|
SUSS
2901
DELISTED
SUSSER HOLDINGS CORPORATION COMMON STOCK
SUSS
| $279K | ﹤0.01% |
5,257
-86,919
| -94% | -$4.34M |
|
2902
Cato Corp
CATO
$65.9M
| $277K | ﹤0.01% |
9,896
-17,934
| -64% | -$489K |
|
2903
CALL
Copa Holdings
CPA
$5.56B
| $277K | ﹤0.01% |
+2,000
| New | +$274K |
|
|
SAND
2904
DELISTED
Sandstorm Gold
SAND
| $277K | ﹤0.01% |
51,430
+6,547
| +15% | +$39.2K |
|
2905
Nature's Sunshine
NATR
$359M
| $275K | ﹤0.01% |
14,468
+3,183
| +28% | +$58.7K |
|
2906
CALL
Sempra
SRE
$60.8B
| $274K | ﹤0.01% |
+6,400
| New | +$272K |
|
2907
CALL
Copart
CPRT
$25.9B
| $273K | ﹤0.01% |
+68,800
| New | +$280K |
|
2908
eHealth
EHTH
$42.5M
| $273K | ﹤0.01% |
8,464
-107,504
| -93% | -$2.96M |
|
|
LUX
2909
DELISTED
Luxottica Group
LUX
| $273K | ﹤0.01% |
+5,200
| New | +$277K |
|
|
TPLM
2910
DELISTED
Triangle Petroleum Corporation
TPLM
| $273K | ﹤0.01% |
27,787
-19,613
| -41% | -$150K |
|
|
LPS
2911
DELISTED
LENDER PROCESSING SERVICES INC
LPS
| $273K | ﹤0.01% |
8,214
-67,234
| -89% | -$2.18M |
|
2912
Anika Therapeutics
ANIK
$199M
| $272K | ﹤0.01% |
11,365
-1,615
| -12% | -$36.3K |
|
|
SYNT
2913
DELISTED
Syntel Inc
SYNT
| $272K | ﹤0.01% |
6,800
-2,922
| -30% | -$106K |
|
2914
PUT
Canadian Imperial Bank of Commerce
CM
$107B
| $271K | ﹤0.01% |
+6,941
| New | +$259K |
|
2915
PUT
Canadian Pacific Kansas City
CP
$82B
| $271K | ﹤0.01% |
+11,000
| New | +$272K |
|
2916
Harmony Gold Mining
HMY
$9.92B
| $271K | ﹤0.01% |
80,246
-183,434
| -70% | -$682K |
|
|
FCRD
2917
DELISTED
First Eagle Alternative Capital BDC, Inc. Common Stock
FCRD
| $271K | ﹤0.01% |
17,369
-49,126
| -74% | -$764K |
|
|
COL
2918
PUT
DELISTED
Rockwell Collins
COL
| $271K | ﹤0.01% |
+4,000
| New | +$283K |
|
|
WEB
2919
DELISTED
Web.com Group, Inc.
WEB
| $271K | ﹤0.01% |
+8,381
| New | +$239K |
|
|
LNKD
2920
CALL
DELISTED
LinkedIn Corporation
LNKD
| $271K | ﹤0.01% |
+1,100
| New | +$248K |
|
2921
PUT
ServiceNow
NOW
$102B
| $270K | ﹤0.01% |
+26,000
| New | +$239K |
|
|
TUMI
2922
DELISTED
TUMI HLDGS INC COM
TUMI
| $270K | ﹤0.01% |
13,400
-65,540
| -83% | -$1.48M |
|
2923
Cousins Properties
CUZ
$5.29B
| $269K | ﹤0.01% |
9,260
-36,763
| -80% | -$1.07M |
|
2924
iShares MSCI Chile ETF
ECH
$1.01B
| $269K | ﹤0.01% |
+5,364
| New | +$269K |
|
2925
Boston Beer
SAM
$1.88B
| $268K | ﹤0.01% |
+1,099
| New | +$227K |
|
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.