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 | |
|---|---|---|---|---|---|---|
326
Webster Financial
WBS
$12.3B
| $21.3M | 0.07% |
683,829
-886,432
| -56% | -$25.2M |
|
327
United Therapeutics
UTHR
$26.3B
| $21.3M | 0.07% |
188,319
+181,837
| +2,805% | +$16.4M |
|
|
STAY
328
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $21.2M | 0.07% |
+808,779
| New | +$19.9M |
|
329
Mastercard
MA
$477B
| $21.2M | 0.07% |
254,050
-235,770
| -48% | -$17.5M |
|
330
Adobe
ADBE
$89.5B
| $21.2M | 0.07% |
353,958
+16,700
| +5% | +$923K |
|
331
CALL
Home Depot
HD
$332B
| $21.2M | 0.07% |
257,300
+117,300
| +84% | +$9.14M |
|
332
Microchip Technology
MCHP
$42.8B
| $21.1M | 0.07% |
942,580
+558,004
| +145% | +$11.7M |
|
|
BMR
333
DELISTED
BIOMED REALTY TRUST INC
BMR
| $21.1M | 0.07% |
1,163,905
+55,923
| +5% | +$1.06M |
|
334
CALL
Trip.com Group
TCOM
$27.5B
| $21.1M | 0.07% |
849,600
-5,600
| -0.7% | -$146K |
|
|
WBC
335
DELISTED
WABCO HOLDINGS INC.
WBC
| $21M | 0.07% |
225,186
-13,708
| -6% | -$1.2M |
|
336
Ralph Lauren
RL
$22.2B
| $21M | 0.07% |
118,811
-174,192
| -59% | -$29.7M |
|
337
Wells Fargo
WFC
$261B
| $20.9M | 0.07% |
460,930
-103,203
| -18% | -$4.46M |
|
338
PUT
lululemon athletica
LULU
$13B
| $20.8M | 0.07% |
352,600
+311,000
| +748% | +$21.3M |
|
339
KBR
KBR
$4.68B
| $20.7M | 0.07% |
650,612
+428,034
| +192% | +$14.2M |
|
340
NNN REIT
NNN
$9.39B
| $20.7M | 0.07% |
681,119
-2,030
| -0.3% | -$65.7K |
|
|
VMW
341
DELISTED
VMware, Inc
VMW
| $20.5M | 0.06% |
228,397
-66,121
| -22% | -$5.46M |
|
342
CALL
NOV
NOV
$7.45B
| $20.5M | 0.06% |
285,457
+26,284
| +10% | +$1.91M |
|
343
Waters Corp
WAT
$36.8B
| $20.4M | 0.06% |
+204,408
| New | +$20.6M |
|
|
CRZO
344
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $20.4M | 0.06% |
455,353
+372,549
| +450% | +$15.8M |
|
345
PUT
Lennar Class A
LEN
$20.4B
| $20.3M | 0.06% |
538,938
+263,796
| +96% | +$8.9M |
|
|
MDCO
346
DELISTED
Medicines Co
MDCO
| $20.3M | 0.06% |
525,066
-136,440
| -21% | -$4.88M |
|
347
Petrobras
PBR
$121B
| $20.3M | 0.06% |
1,469,648
+1,251,607
| +574% | +$19.4M |
|
348
PUT
PBF Energy
PBF
$7.29B
| $20.1M | 0.06% |
639,900
+61,200
| +11% | +$1.67M |
|
|
NETI
349
DELISTED
Eneti Inc.
NETI
| $20.1M | 0.06% |
+17,960
| New | +$19.5M |
|
|
FBC
350
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $20.1M | 0.06% |
1,025,372
+495,195
| +93% | +$8.4M |
|
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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.