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 | |
|---|---|---|---|---|---|---|
3026
Southside Bancshares
SBSI
$977M
| $301K | ﹤0.01% |
+13,049
| New | +$300K |
|
|
PBY
3027
DELISTED
PEP BOYS MANNY MOE& JACK
PBY
| $301K | ﹤0.01% |
24,823
+14,356
| +137% | +$185K |
|
|
SIVB
3028
DELISTED
SVB Financial Group
SIVB
| $301K | ﹤0.01% |
+2,875
| New | +$281K |
|
|
GRMN
3029
PUT
Garmin
GRMN
$48.9B
| $300K | ﹤0.01% |
6,500
-600
| -8% | -$28.5K |
|
3030
Motorcar Parts of America
MPAA
$270M
| $300K | ﹤0.01% |
15,524
+2,577
| +20% | +$40.7K |
|
3031
CALL
Targa Resources
TRGP
$56B
| $300K | ﹤0.01% |
+3,400
| New | +$269K |
|
|
BLOX
3032
CALL
DELISTED
Infoblox Inc
BLOX
| $300K | ﹤0.01% |
+9,100
| New | +$356K |
|
3033
Grupo Aeroportuario del Sureste
ASR
$8.18B
| $299K | ﹤0.01% |
2,400
-9,930
| -81% | -$1.22M |
|
|
HNGR
3034
DELISTED
Hanger Inc.
HNGR
| $299K | ﹤0.01% |
7,603
-135,781
| -95% | -$4.98M |
|
|
HWCC
3035
DELISTED
Houston Wire & Cable Company
HWCC
| $299K | ﹤0.01% |
22,323
+11,180
| +100% | +$151K |
|
3036
CALL
Strategy Inc
MSTR
$35.5B
| $298K | ﹤0.01% |
+24,000
| New | +$283K |
|
3037
Iridium Communications
IRDM
$4.8B
| $297K | ﹤0.01% |
47,454
-85,292
| -64% | -$516K |
|
3038
Arbor Realty Trust
ABR
$977M
| $296K | ﹤0.01% |
44,500
+19,200
| +76% | +$128K |
|
3039
CALL
Community Health Systems
CYH
$402M
| $295K | ﹤0.01% |
9,075
-48,763
| -84% | -$1.68M |
|
3040
1st Source
SRCE
$2.17B
| $294K | ﹤0.01% |
+10,116
| New | +$282K |
|
3041
CALL
Meritage Homes
MTH
$4.95B
| $293K | ﹤0.01% |
+12,200
| New | +$264K |
|
3042
Evolution Petroleum
EPM
$129M
| $292K | ﹤0.01% |
+23,648
| New | +$285K |
|
|
LDK
3043
DELISTED
LDK SOLAR CO LTD.
LDK
| $292K | ﹤0.01% |
222,827
+122,234
| +122% | +$184K |
|
3044
CALL
Iron Mountain
IRM
$37.4B
| $291K | ﹤0.01% |
+10,387
| New | +$266K |
|
3045
Landstar System
LSTR
$6.33B
| $291K | ﹤0.01% |
+5,068
| New | +$284K |
|
3046
CALL
PRA Group
PRAA
$695M
| $291K | ﹤0.01% |
+5,500
| New | +$313K |
|
|
MON
3047
PUT
DELISTED
Monsanto Co
MON
| $291K | ﹤0.01% |
+2,500
| New | +$273K |
|
3048
CALL
DuPont de Nemours
DD
$19.1B
| $289K | ﹤0.01% |
+2,567
| New | +$263K |
|
3049
PUT
LyondellBasell Industries
LYB
$18.9B
| $289K | ﹤0.01% |
3,600
-298,900
| -99% | -$22.9M |
|
3050
PUT
Visa
V
$702B
| $289K | ﹤0.01% |
+5,200
| New | +$262K |
|
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.