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 | |
|---|---|---|---|---|---|---|
551
CALL
CNX Resources
CNX
$4.85B
| $12.8M | 0.04% |
405,120
-231,600
| -36% | -$7.08M |
|
552
Elevance Health
ELV
$81.9B
| $12.8M | 0.04% |
138,541
+108,315
| +358% | +$9.62M |
|
553
Pacific Biosciences
PACB
$422M
| $12.8M | 0.04% |
2,446,147
+332,713
| +16% | +$1.53M |
|
554
Hershey
HSY
$35.4B
| $12.8M | 0.04% |
131,560
-127,599
| -49% | -$12.3M |
|
555
Trip.com Group
TCOM
$27.5B
| $12.8M | 0.04% |
515,032
-454,964
| -47% | -$11.9M |
|
|
AXLL
556
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $12.8M | 0.04% |
269,050
+73,718
| +38% | +$3.17M |
|
557
Louisiana-Pacific
LPX
$5.2B
| $12.7M | 0.04% |
688,676
+491,167
| +249% | +$8.36M |
|
558
Matador Resources
MTDR
$6.31B
| $12.7M | 0.04% |
682,994
-151,714
| -18% | -$2.98M |
|
|
ARPI
559
DELISTED
AMERICAN RESIDENTIAL PPTYS INC COM
ARPI
| $12.7M | 0.04% |
740,542
+381,705
| +106% | +$6.6M |
|
560
CALL
Ulta Beauty
ULTA
$20.4B
| $12.7M | 0.04% |
131,200
+119,400
| +1,012% | +$14M |
|
561
Orthofix Medical
OFIX
$455M
| $12.7M | 0.04% |
554,499
+373,092
| +206% | +$7.8M |
|
562
Xylem
XYL
$28.5B
| $12.6M | 0.04% |
363,582
+339,380
| +1,402% | +$10.9M |
|
563
Jazz Pharmaceuticals
JAZZ
$15.9B
| $12.6M | 0.04% |
99,291
+4,845
| +5% | +$501K |
|
|
FRX
564
CALL
DELISTED
FOREST LABORATORIES INC
FRX
| $12.6M | 0.04% |
+209,100
| New | +$10.5M |
|
|
WCC
565
WESCO International
WCC
$16.2B
| $12.5M | 0.04% |
137,778
+22,213
| +19% | +$1.85M |
|
566
PUT
Amgen
AMGN
$203B
| $12.5M | 0.04% |
109,700
-2,200
| -2% | -$250K |
|
567
Eastman Chemical
EMN
$7.8B
| $12.5M | 0.04% |
155,008
-430,522
| -74% | -$33.4M |
|
|
WFT
568
CALL
DELISTED
Weatherford International plc
WFT
| $12.5M | 0.04% |
804,600
+400,100
| +99% | +$6.36M |
|
569
PUT
Viatris
VTRS
$20.1B
| $12.4M | 0.04% |
+286,200
| New | +$11.8M |
|
570
Encompass Health
EHC
$11.2B
| $12.4M | 0.04% |
+468,069
| New | +$13M |
|
571
Williams-Sonoma
WSM
$26.7B
| $12.4M | 0.04% |
+425,258
| New | +$11.9M |
|
572
Charles River Laboratories
CRL
$10.9B
| $12.4M | 0.04% |
233,611
-155,186
| -40% | -$7.79M |
|
|
ROSE
573
DELISTED
ROSETTA RESOURCES INC
ROSE
| $12.4M | 0.04% |
257,258
-234,015
| -48% | -$12.6M |
|
574
Parker-Hannifin
PH
$125B
| $12.3M | 0.04% |
+95,961
| New | +$11.2M |
|
575
Nelnet
NNI
$4.79B
| $12.3M | 0.04% |
292,790
-156,051
| -35% | -$6.58M |
|
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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.