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 | |
|---|---|---|---|---|---|---|
3076
CALL
Nucor
NUE
$56.4B
| $206K | ﹤0.01% |
+4,200
| New | +$197K |
|
3077
Terreno Realty
TRNO
$7.68B
| $205K | ﹤0.01% |
11,548
-27,086
| -70% | -$490K |
|
3078
CALL
Texas Roadhouse
TXRH
$12.7B
| $205K | ﹤0.01% |
+7,800
| New | +$196K |
|
3079
PUT
Wynn Resorts
WYNN
$10.1B
| $205K | ﹤0.01% |
+1,300
| New | +$182K |
|
|
AVID
3080
DELISTED
Avid Technology Inc
AVID
| $205K | ﹤0.01% |
34,199
-11,355
| -25% | -$65.6K |
|
|
BT
3081
DELISTED
BT Group plc (ADR)
BT
| $205K | ﹤0.01% |
7,400
-15,284
| -67% | -$398K |
|
3082
PUT
Gartner
IT
$9.41B
| $204K | ﹤0.01% |
+3,400
| New | +$200K |
|
3083
PUT
SL Green Realty
SLG
$3.88B
| $204K | ﹤0.01% |
+2,376
| New | +$207K |
|
|
SPLK
3084
PUT
DELISTED
Splunk Inc
SPLK
| $204K | ﹤0.01% |
+3,400
| New | +$181K |
|
|
IMI
3085
DELISTED
Intermolecular, Inc.
IMI
| $204K | ﹤0.01% |
37,032
-39,625
| -52% | -$249K |
|
|
POM
3086
DELISTED
PEPCO HOLDINGS, INC.
POM
| $204K | ﹤0.01% |
+11,033
| New | +$214K |
|
3087
Carriage Services
CSV
$618M
| $203K | ﹤0.01% |
10,449
-19,049
| -65% | -$351K |
|
3088
CALL
ServiceNow
NOW
$102B
| $203K | ﹤0.01% |
+19,500
| New | +$179K |
|
|
MPG
3089
DELISTED
MPG OFFICE TRUST, INC COM
MPG
| $203K | ﹤0.01% |
+64,786
| New | +$202K |
|
|
MASI
3090
DELISTED
Masimo
MASI
| $202K | ﹤0.01% |
7,600
-169,506
| -96% | -$4.18M |
|
3091
Patrick Industries
PATK
$2.8B
| $202K | ﹤0.01% |
+22,697
| New | +$172K |
|
|
GPT
3092
DELISTED
Gramercy Property Trust
GPT
| $202K | ﹤0.01% |
16,233
+6,700
| +70% | +$88.7K |
|
|
SE
3093
PUT
DELISTED
Spectra Energy Corp Wi
SE
| $202K | ﹤0.01% |
+5,900
| New | +$204K |
|
3094
Galicia Financial Group
GGAL
$7.92B
| $200K | ﹤0.01% |
+21,055
| New | +$142K |
|
3095
CALL
Quad
QUAD
$430M
| $200K | ﹤0.01% |
+6,600
| New | +$195K |
|
|
RTN
3096
CALL
DELISTED
Raytheon Company
RTN
| $200K | ﹤0.01% |
+2,600
| New | +$193K |
|
|
YOKU
3097
PUT
DELISTED
YOUKU TUDOU INC.(CAYMAN ISLS)
YOKU
| $200K | ﹤0.01% |
+7,300
| New | +$167K |
|
3098
STAAR Surgical
STAA
$1.16B
| $199K | ﹤0.01% |
14,721
-63,934
| -81% | -$752K |
|
|
OSG
3099
Octave Specialty Group
OSG
$252M
| $198K | ﹤0.01% |
10,900
-55,647
| -84% | -$1.27M |
|
3100
Clear Channel Outdoor Holdings
CCO
$1.23B
| $198K | ﹤0.01% |
24,098
-2,202
| -8% | -$16.9K |
|
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.