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 | |
|---|---|---|---|---|---|---|
|
TFM
376
DELISTED
THE FRESH MARKET, INC COM STK
TFM
| $19.4M | 0.06% |
477,842
-700,864
| -59% | -$32.6M |
|
377
Starbucks
SBUX
$118B
| $19.3M | 0.06% |
491,546
-245,192
| -33% | -$9.7M |
|
378
Eaton
ETN
$157B
| $19.3M | 0.06% |
253,046
-285,532
| -53% | -$20.3M |
|
|
CHK
379
CALL
DELISTED
Chesapeake Energy Corporation
CHK
| $19.2M | 0.06% |
3,742
-2,086
| -36% | -$10.6M |
|
380
CNX Resources
CNX
$4.85B
| $19.1M | 0.06% |
603,780
-1,526,762
| -72% | -$46.7M |
|
381
Lincoln National
LNC
$7.91B
| $19.1M | 0.06% |
369,049
+146,884
| +66% | +$7.04M |
|
|
382
PUT
CNX Resources
CNX
$4.85B
| $18.9M | 0.06% |
+596,880
| New | +$18.3M |
|
383
First Solar
FSLR
$21.8B
| $18.9M | 0.06% |
345,675
+300,961
| +673% | +$16.5M |
|
384
Monster Beverage
MNST
$91.4B
| $18.9M | 0.06% |
1,669,476
+106,164
| +7% | +$1.04M |
|
385
Lennox International
LII
$18.8B
| $18.8M | 0.06% |
221,083
-182,325
| -45% | -$14.5M |
|
386
Marvell Technology
MRVL
$174B
| $18.8M | 0.06% |
1,307,465
+422,398
| +48% | +$5.44M |
|
|
SRC
387
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $18.8M | 0.06% |
425,419
-321,158
| -43% | -$14.2M |
|
|
PVTB
388
DELISTED
PrivateBancorp Inc
PVTB
| $18.7M | 0.06% |
647,011
+311,088
| +93% | +$8.01M |
|
|
HLSS
389
DELISTED
HOME LN SERVICING SOLUTIONS LTD(CAYMAN ISLANDS)
HLSS
| $18.6M | 0.06% |
810,270
-702,519
| -46% | -$16.2M |
|
390
CALL
State Street Financial Select Sector SPDR ETF
XLF
$55.6B
| $18.6M | 0.06% |
968,274
-1,426,211
| -60% | -$26.2M |
|
|
OUTR
391
DELISTED
OUTERWALL INC
OUTR
| $18.5M | 0.06% |
275,218
+239,694
| +675% | +$15.6M |
|
392
American International
AIG
$41.9B
| $18.5M | 0.06% |
362,610
+204,666
| +130% | +$10.2M |
|
|
TRW
393
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $18.5M | 0.06% |
248,339
+65,560
| +36% | +$4.93M |
|
394
GSK
GSK
$103B
| $18.5M | 0.06% |
276,613
+40,414
| +17% | +$2.62M |
|
395
Rayonier
RYN
$6.49B
| $18.5M | 0.06% |
647,042
+172,835
| +36% | +$5.58M |
|
|
PACD
396
DELISTED
Pacific Drilling S A
PACD
| $18.4M | 0.06% |
160,541
-4,503
| -3% | -$513K |
|
397
Terex
TEX
$7.98B
| $18.4M | 0.06% |
438,112
-268,072
| -38% | -$9.72M |
|
398
Federal Realty Investment Trust
FRT
$10.9B
| $18.4M | 0.06% |
181,121
+172,929
| +2,111% | +$18M |
|
399
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.9B
| $18.3M | 0.06% |
350,500
-154,200
| -31% | -$7.58M |
|
400
Pitney Bowes
PBI
$2.42B
| $18.2M | 0.06% |
782,114
+531,708
| +212% | +$11.4M |
|
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.