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 | |
|---|---|---|---|---|---|---|
3126
MannKind Corp
MNKD
$1.22B
| $260K | ﹤0.01% |
10,000
-4,500
| -31% | -$114K |
|
3127
Skywest
SKYW
$4.37B
| $259K | ﹤0.01% |
+17,488
| New | +$266K |
|
|
EARN
3128
Ellington Residential Mortgage REIT
EARN
$165M
| $258K | ﹤0.01% |
+16,800
| New | +$263K |
|
3129
Ventas
VTR
$48.7B
| $258K | ﹤0.01% |
3,941
-374,457
| -99% | -$26M |
|
3130
PUT
Williams Companies
WMB
$86.6B
| $258K | ﹤0.01% |
+6,700
| New | +$241K |
|
3131
eGain
EGAN
$187M
| $257K | ﹤0.01% |
25,067
-28,410
| -53% | -$341K |
|
3132
Independent Bank
INDB
$4.03B
| $257K | ﹤0.01% |
6,570
-17,576
| -73% | -$645K |
|
3133
TriCo Bancshares
TCBK
$1.84B
| $257K | ﹤0.01% |
+9,049
| New | +$233K |
|
3134
Park Aerospace
PKE
$785M
| $256K | ﹤0.01% |
+8,900
| New | +$252K |
|
3135
PUT
Thermo Fisher Scientific
TMO
$208B
| $256K | ﹤0.01% |
+2,300
| New | +$229K |
|
|
INTX
3136
DELISTED
Intersections, Inc.
INTX
| $254K | ﹤0.01% |
32,665
-20,578
| -39% | -$171K |
|
3137
CALL
Capital One
COF
$127B
| $253K | ﹤0.01% |
+3,300
| New | +$235K |
|
3138
PUT
Mohawk Industries
MHK
$7.05B
| $253K | ﹤0.01% |
+1,700
| New | +$232K |
|
|
CYOU
3139
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $253K | ﹤0.01% |
7,900
-92,850
| -92% | -$2.93M |
|
|
RHT
3140
PUT
DELISTED
Red Hat Inc
RHT
| $252K | ﹤0.01% |
+4,500
| New | +$208K |
|
3141
Erie Indemnity
ERIE
$11.9B
| $251K | ﹤0.01% |
3,428
-4,662
| -58% | -$332K |
|
3142
Silicom
SILC
$226M
| $251K | ﹤0.01% |
+5,500
| New | +$231K |
|
|
MJN
3143
PUT
DELISTED
Mead Johnson Nutrition Company
MJN
| $251K | ﹤0.01% |
+3,000
| New | +$244K |
|
|
CSC
3144
PUT
DELISTED
Computer Sciences
CSC
| $251K | ﹤0.01% |
+10,679
| New | +$237K |
|
3145
CALL
Genuine Parts
GPC
$17.6B
| $250K | ﹤0.01% |
+3,000
| New | +$243K |
|
3146
PUT
NRG Energy
NRG
$28.8B
| $250K | ﹤0.01% |
+8,700
| New | +$243K |
|
3147
PUT
Sinclair Inc
SBGI
$974M
| $250K | ﹤0.01% |
+7,000
| New | +$235K |
|
|
BWLD
3148
PUT
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $250K | ﹤0.01% |
+1,700
| New | +$234K |
|
3149
IAMGOLD
IAG
$8.5B
| $249K | ﹤0.01% |
74,800
+31,300
| +72% | +$136K |
|
3150
World Kinect Corp
WKC
$2.04B
| $249K | ﹤0.01% |
5,763
-166,671
| -97% | -$6.56M |
|
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.