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 | |
|---|---|---|---|---|---|---|
|
CAB
551
DELISTED
Cabela's Inc
CAB
| $13.3M | 0.04% |
210,429
+42,550
| +25% | +$2.84M |
|
|
MON
552
DELISTED
Monsanto Co
MON
| $13.2M | 0.04% |
126,625
-400,354
| -76% | -$40.2M |
|
553
CALL
Amgen
AMGN
$208B
| $13.2M | 0.04% |
+117,800
| New | +$12.8M |
|
|
ELNK
554
DELISTED
EarthLink Holdings Corp.
ELNK
| $13.2M | 0.04% |
2,662,940
-62,708
| -2% | -$350K |
|
555
CALL
Edwards Lifesciences
EW
$49.6B
| $13.2M | 0.04% |
1,135,200
+894,600
| +372% | +$10.5M |
|
|
JWN
556
DELISTED
Nordstrom
JWN
| $13.1M | 0.04% |
233,883
+190,592
| +440% | +$11.3M |
|
|
ABMD
557
DELISTED
Abiomed Inc
ABMD
| $13.1M | 0.04% |
686,358
+52,482
| +8% | +$1.2M |
|
558
CALL
Pitney Bowes
PBI
$2.34B
| $13.1M | 0.04% |
718,900
+309,700
| +76% | +$5.08M |
|
|
AMTD
559
DELISTED
TD Ameritrade Holding Corp
AMTD
| $13.1M | 0.04% |
+498,469
| New | +$13.2M |
|
|
TRW
560
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $13M | 0.04% |
182,779
-34,627
| -16% | -$2.43M |
|
561
PUT
PBF Energy
PBF
$8.46B
| $13M | 0.04% |
+578,700
| New | +$13.1M |
|
|
LVNTA
562
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $12.9M | 0.04% |
597,248
+279,373
| +88% | +$6M |
|
|
DATA
563
DELISTED
Tableau Software, Inc.
DATA
| $12.9M | 0.04% |
181,349
+108,765
| +150% | +$6.99M |
|
564
Edgewell Personal Care
EPC
$1.25B
| $12.9M | 0.04% |
+190,496
| New | +$14.1M |
|
565
Lear
LEA
$6.6B
| $12.9M | 0.04% |
179,780
-501,521
| -74% | -$34.5M |
|
|
PVA
566
DELISTED
PENN VIRGINIA CORP
PVA
| $12.8M | 0.04% |
1,932,283
+1,911,101
| +9,022% | +$9.95M |
|
|
BCR
567
CALL
DELISTED
CR Bard Inc.
BCR
| $12.8M | 0.04% |
+111,500
| New | +$12.8M |
|
|
STR
568
DELISTED
QUESTAR CORP
STR
| $12.8M | 0.04% |
570,933
+443,923
| +350% | +$10.2M |
|
569
Fortune Brands Innovations
FBIN
$5.91B
| $12.8M | 0.04% |
360,479
-2,109
| -0.6% | -$71.9K |
|
|
EMC
570
PUT
DELISTED
EMC CORPORATION
EMC
| $12.8M | 0.04% |
500,700
+700
| +0.1% | +$18.2K |
|
571
Revvity
RVTY
$12.6B
| $12.8M | 0.04% |
338,696
-325,454
| -49% | -$11.7M |
|
|
TVTY
572
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $12.7M | 0.04% |
688,325
+334,191
| +94% | +$6.04M |
|
573
Visteon
VC
$2.79B
| $12.7M | 0.04% |
168,232
+63,287
| +60% | +$4.4M |
|
574
Innoviva
INVA
$1.54B
| $12.7M | 0.04% |
386,296
+324,246
| +523% | +$10.1M |
|
575
Icon
ICLR
$12.7B
| $12.7M | 0.04% |
309,070
+34,801
| +13% | +$1.34M |
|
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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.