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 | |
|---|---|---|---|---|---|---|
276
Brookdale Senior Living
BKD
$3.62B
| $24.5M | 0.08% |
+901,339
| New | +$25M |
|
|
DYAX
277
DELISTED
DYAX CORPORATION
DYAX
| $24.3M | 0.08% |
3,229,455
+1,505,131
| +87% | +$11.4M |
|
278
Lowe's Companies
LOW
$116B
| $24.2M | 0.08% |
489,105
+85,115
| +21% | +$4.14M |
|
279
CALL
Chipotle Mexican Grill
CMG
$40.8B
| $24M | 0.08% |
2,255,000
+80,000
| +4% | +$814K |
|
280
Liberty Global Class C
LBTYK
$3.27B
| $24M | 0.08% |
703,497
+3,088
| +0.4% | +$96.3K |
|
281
CALL
National Grid
NGG
$82.7B
| $24M | 0.08% |
380,408
+95,258
| +33% | +$5.71M |
|
282
MGIC Investment
MTG
$6.27B
| $23.9M | 0.08% |
2,834,888
-467,951
| -14% | -$3.73M |
|
283
Dentsply Sirona
XRAY
$2.59B
| $23.9M | 0.08% |
492,514
+268,564
| +120% | +$12.6M |
|
|
BBG
284
DELISTED
Bill Barrett Corp
BBG
| $23.8M | 0.08% |
890,540
+119,366
| +15% | +$3.25M |
|
285
PUT
Yum! Brands
YUM
$41B
| $23.8M | 0.08% |
438,721
+432,183
| +6,610% | +$22.2M |
|
286
Xcel Energy
XEL
$51B
| $23.7M | 0.07% |
848,327
+696,739
| +460% | +$19.7M |
|
|
AGN
287
CALL
DELISTED
Allergan plc
AGN
| $23.7M | 0.07% |
141,000
-39,000
| -22% | -$6.1M |
|
|
PMT
288
PennyMac Mortgage Investment
PMT
$849M
| $23.5M | 0.07% |
1,021,922
-69
| -0% | -$1.56K |
|
289
AbbVie
ABBV
$458B
| $23.4M | 0.07% |
443,456
-575,318
| -56% | -$28.3M |
|
|
BRCM
290
DELISTED
BROADCOM CORP CL-A
BRCM
| $23.4M | 0.07% |
789,068
+564,777
| +252% | +$15.4M |
|
|
GGP
291
DELISTED
GGP Inc.
GGP
| $23.3M | 0.07% |
1,159,385
+1,126,404
| +3,415% | +$23.2M |
|
|
ESV
292
CALL
DELISTED
Ensco Rowan plc
ESV
| $23.2M | 0.07% |
101,525
+10,150
| +11% | +$2.34M |
|
|
TWC
293
PUT
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $23.2M | 0.07% |
171,300
+20,900
| +14% | +$2.6M |
|
|
CYN
294
DELISTED
CITY NATIONAL CORPORATION
CYN
| $23.2M | 0.07% |
292,537
+35,941
| +14% | +$2.65M |
|
295
FedEx
FDX
$74.5B
| $23.1M | 0.07% |
160,865
-47,595
| -23% | -$6.3M |
|
296
Spectrum Brands
SPB
$2.04B
| $23.1M | 0.07% |
327,103
+165,345
| +102% | +$11M |
|
297
CALL
Simon Property Group
SPG
$74.5B
| $22.8M | 0.07% |
159,450
+55,170
| +53% | +$7.95M |
|
|
CELG
298
DELISTED
Celgene Corp
CELG
| $22.7M | 0.07% |
268,900
-122,928
| -31% | -$9.73M |
|
|
SPNC
299
DELISTED
Spectranetics Corp
SPNC
| $22.7M | 0.07% |
908,530
-192,095
| -17% | -$4.12M |
|
|
QIHU
300
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $22.6M | 0.07% |
275,616
-122,783
| -31% | -$10.3M |
|
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.