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 | |
|---|---|---|---|---|---|---|
526
Alkermes
ALKS
$8.24B
| $14M | 0.05% |
417,849
-376,907
| -47% | -$12.3M |
|
|
SLXP
527
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $14M | 0.05% |
209,831
-88,610
| -30% | -$6.11M |
|
528
PUT
SM Energy
SM
$7.77B
| $14M | 0.05% |
+181,400
| New | +$12.6M |
|
529
CALL
APA Corp
APA
$13.2B
| $14M | 0.05% |
164,400
+44,000
| +37% | +$3.66M |
|
|
DGI
530
DELISTED
DigitalGlobe Inc.
DGI
| $14M | 0.05% |
442,214
+137,078
| +45% | +$4.39M |
|
|
CSC
531
DELISTED
Computer Sciences
CSC
| $13.9M | 0.04% |
638,017
+615,025
| +2,675% | +$12.9M |
|
532
PUT
Eli Lilly
LLY
$1.02T
| $13.9M | 0.04% |
+275,800
| New | +$14.4M |
|
533
Zillow
ZG
$7.9B
| $13.9M | 0.04% |
+493,650
| New | +$13.6M |
|
534
McKesson
MCK
$100B
| $13.8M | 0.04% |
107,434
-163,602
| -60% | -$20.1M |
|
|
BRS
535
DELISTED
Bristow Group, Inc.
BRS
| $13.8M | 0.04% |
189,430
+76,816
| +68% | +$5.28M |
|
|
HITK
536
DELISTED
HI-TECH PHARMACAL INC
HITK
| $13.8M | 0.04% |
318,942
+302,995
| +1,900% | +$11.6M |
|
|
DELL
537
CALL
DELISTED
DELL INC
DELL
| $13.8M | 0.04% |
1,000,000
-600,000
| -38% | -$8.13M |
|
|
CONE
538
DELISTED
CyrusOne Inc Common Stock
CONE
| $13.7M | 0.04% |
723,154
+351,386
| +95% | +$7.01M |
|
539
Tapestry
TPR
$30.8B
| $13.6M | 0.04% |
250,018
-286,501
| -53% | -$15.8M |
|
540
Matador Resources
MTDR
$6.18B
| $13.6M | 0.04% |
+834,708
| New | +$12.4M |
|
541
Monster Beverage
MNST
$94.4B
| $13.6M | 0.04% |
+1,563,312
| New | +$15.4M |
|
542
Lamar Advertising Co
LAMR
$16.2B
| $13.6M | 0.04% |
289,296
+98,075
| +51% | +$4.32M |
|
543
Loews
L
$23.9B
| $13.5M | 0.04% |
289,858
+275,271
| +1,887% | +$12.7M |
|
|
BBBY
544
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $13.5M | 0.04% |
175,000
-26,800
| -13% | -$2.01M |
|
545
Teradata
TDC
$2.91B
| $13.4M | 0.04% |
242,480
+119,470
| +97% | +$7.02M |
|
546
Genworth Financial
GNW
$3.75B
| $13.4M | 0.04% |
1,046,793
+778,851
| +291% | +$9.76M |
|
547
CALL
Halliburton
HAL
$27B
| $13.4M | 0.04% |
277,700
+6,600
| +2% | +$309K |
|
|
THI
548
DELISTED
TIM HORTONS INC COM, CANADA
THI
| $13.3M | 0.04% |
230,000
-319,044
| -58% | -$18.1M |
|
549
CALL
Meta Platforms (Facebook)
META
$1.41T
| $13.3M | 0.04% |
264,700
+139,700
| +112% | +$5.2M |
|
550
CALL
Kohl's
KSS
$2.18B
| $13.3M | 0.04% |
256,500
+120,100
| +88% | +$6.27M |
|
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.