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 | |
|---|---|---|---|---|---|---|
3051
PUT
3M
MMM
$89B
| $215K | ﹤0.01% |
+2,153
| New | +$209K |
|
3052
Otter Tail
OTTR
$3.88B
| $215K | ﹤0.01% |
7,807
-5,593
| -42% | -$161K |
|
3053
Park-Ohio Holdings
PKOH
$554M
| $215K | ﹤0.01% |
5,607
-3,293
| -37% | -$116K |
|
|
ACCL
3054
DELISTED
Accelrys Inc
ACCL
| $214K | ﹤0.01% |
21,723
-73,487
| -77% | -$670K |
|
|
CNCO
3055
DELISTED
Cencosud S.A.
CNCO
| $214K | ﹤0.01% |
16,000
+1,600
| +11% | +$21.4K |
|
3056
Wabash National
WNC
$543M
| $213K | ﹤0.01% |
18,300
-26,124
| -59% | -$281K |
|
|
JAH
3057
PUT
DELISTED
JARDEN CORPORATION
JAH
| $213K | ﹤0.01% |
+6,600
| New | +$204K |
|
|
MSB
3058
Mesabi Trust
MSB
$295M
| $212K | ﹤0.01% |
+9,659
| New | +$189K |
|
|
CHKR
3059
DELISTED
CHESAPEAKE GRANITE WASH TRUST
CHKR
| $212K | ﹤0.01% |
15,853
+5,111
| +48% | +$75.1K |
|
|
DWSN
3060
DELISTED
DAWSON GEOPHYSICAL CO
DWSN
| $212K | ﹤0.01% |
+6,522
| New | +$239K |
|
3061
CALL
Incyte
INCY
$23.5B
| $210K | ﹤0.01% |
+5,500
| New | +$162K |
|
|
PRFT
3062
DELISTED
Perficient Inc
PRFT
| $210K | ﹤0.01% |
+11,459
| New | +$181K |
|
|
ANFI
3063
DELISTED
AMIRA NATURE FOODS LTD
ANFI
| $210K | ﹤0.01% |
+16,200
| New | +$149K |
|
|
ESRX
3064
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $210K | ﹤0.01% |
+3,400
| New | +$220K |
|
3065
Universal Insurance Holdings
UVE
$1.16B
| $209K | ﹤0.01% |
29,633
+10,925
| +58% | +$84.4K |
|
|
TYPE
3066
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $209K | ﹤0.01% |
+7,300
| New | +$191K |
|
|
LSE
3067
DELISTED
CAPLEASE, INC
LSE
| $209K | ﹤0.01% |
24,586
-50,414
| -67% | -$428K |
|
|
NFBK
3068
DELISTED
Northfield Bancorp
NFBK
| $208K | ﹤0.01% |
17,171
-29,326
| -63% | -$353K |
|
|
IBA
3069
DELISTED
Industrias Bachoco SAB De C.V.
IBA
| $208K | ﹤0.01% |
+5,265
| New | +$210K |
|
3070
CALL
Broadcom
AVGO
$1.82T
| $207K | ﹤0.01% |
+48,000
| New | +$184K |
|
3071
IAMGOLD
IAG
$8.47B
| $207K | ﹤0.01% |
43,500
-48,338
| -53% | -$254K |
|
3072
CALL
Polaris
PII
$4.15B
| $207K | ﹤0.01% |
+1,600
| New | +$180K |
|
|
PTNR
3073
DELISTED
Partner Communications
PTNR
| $207K | ﹤0.01% |
+26,210
| New | +$192K |
|
|
DYN
3074
DELISTED
Dynegy, Inc.
DYN
| $207K | ﹤0.01% |
+10,707
| New | +$217K |
|
|
IXYS
3075
DELISTED
IXYS Corp
IXYS
| $207K | ﹤0.01% |
21,426
+6,517
| +44% | +$69.7K |
|
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.