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 | |
|---|---|---|---|---|---|---|
3151
PUT
Strategy Inc
MSTR
$36B
| $248K | ﹤0.01% |
+20,000
| New | +$236K |
|
3152
West Pharmaceutical
WST
$23.3B
| $248K | ﹤0.01% |
+5,062
| New | +$237K |
|
3153
Adecoagro
AGRO
$1.48B
| $247K | ﹤0.01% |
30,508
+15,200
| +99% | +$121K |
|
3154
Canadian Natural Resources
CNQ
$93.4B
| $247K | ﹤0.01% |
15,100
-230,165
| -94% | -$3.58M |
|
|
MRIN
3155
DELISTED
Marin Software
MRIN
| $247K | ﹤0.01% |
574
+213
| +59% | +$94.3K |
|
|
FCRE
3156
DELISTED
FC Global Realty Incorporated Common Stock
FCRE
| $247K | ﹤0.01% |
3,820
-108,960
| -97% | -$7.18M |
|
3157
PUT
Five Below
FIVE
$11.5B
| $246K | ﹤0.01% |
+5,700
| New | +$273K |
|
3158
PUT
Teradata
TDC
$2.8B
| $246K | ﹤0.01% |
+5,400
| New | +$245K |
|
|
KEM
3159
DELISTED
KEMET Corporation
KEM
| $246K | ﹤0.01% |
+43,573
| New | +$241K |
|
3160
PUT
Capital One
COF
$127B
| $245K | ﹤0.01% |
+3,200
| New | +$228K |
|
3161
8x8 Inc
EGHT
$262M
| $245K | ﹤0.01% |
24,091
-33,397
| -58% | -$341K |
|
|
XIN
3162
DELISTED
Xinyuan Real Estate
XIN
| $243K | ﹤0.01% |
4,542
+365
| +9% | +$22K |
|
|
ENDP
3163
PUT
DELISTED
Endo International plc
ENDP
| $243K | ﹤0.01% |
+3,600
| New | +$205K |
|
|
AAV
3164
DELISTED
Advantage Oil & Gas Ltd
AAV
| $243K | ﹤0.01% |
55,900
+17,998
| +47% | +$72.7K |
|
3165
Logitech
LOGI
$15.5B
| $242K | ﹤0.01% |
+17,703
| New | +$192K |
|
3166
RE/MAX Holdings
RMAX
$207M
| $242K | ﹤0.01% |
+7,561
| New | +$223K |
|
|
IOC
3167
DELISTED
Interoil Corporation
IOC
| $242K | ﹤0.01% |
+4,705
| New | +$326K |
|
3168
PUT
Macerich
MAC
$7.41B
| $241K | ﹤0.01% |
+4,100
| New | +$238K |
|
|
DZSI
3169
DELISTED
DZS Inc. Common Stock
DZSI
| $241K | ﹤0.01% |
+9,039
| New | +$193K |
|
|
TAHO
3170
DELISTED
Tahoe Resources Inc
TAHO
| $241K | ﹤0.01% |
+14,500
| New | +$255K |
|
3171
CALL
Copa Holdings
CPA
$5.65B
| $240K | ﹤0.01% |
1,500
-500
| -25% | -$75.6K |
|
3172
Univest Financial
UVSP
$1.22B
| $240K | ﹤0.01% |
+11,621
| New | +$232K |
|
|
CMGE
3173
DELISTED
CHINA MOBILE GAMES & ENTMT GRP LTD SPON ADR (CYM)
CMGE
| $240K | ﹤0.01% |
+9,500
| New | +$166K |
|
3174
PUT
VeriSign
VRSN
$24.8B
| $239K | ﹤0.01% |
+4,000
| New | +$220K |
|
3175
CALL
Viatris
VTRS
$20.5B
| $239K | ﹤0.01% |
5,500
-436,100
| -99% | -$17.9M |
|
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.