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 | |
|---|---|---|---|---|---|---|
576
Radian Group
RDN
$5.16B
| $12.6M | 0.04% |
907,649
+771,792
| +568% | +$10.3M |
|
|
ARIA
577
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $12.6M | 0.04% |
682,769
+627,501
| +1,135% | +$12.2M |
|
578
PUT
Pultegroup
PHM
$24.2B
| $12.5M | 0.04% |
+760,000
| New | +$13M |
|
579
PUT
Amgen
AMGN
$208B
| $12.5M | 0.04% |
111,900
+69,800
| +166% | +$7.57M |
|
580
CALL
Norfolk Southern
NSC
$75.3B
| $12.5M | 0.04% |
161,600
+131,400
| +435% | +$9.84M |
|
581
Pentair
PNR
$10.4B
| $12.4M | 0.04% |
285,321
-381,742
| -57% | -$15.9M |
|
582
Fossil Group
FOSL
$289M
| $12.4M | 0.04% |
106,932
-21,522
| -17% | -$2.46M |
|
|
SIX
583
DELISTED
Six Flags Entertainment Corp.
SIX
| $12.4M | 0.04% |
366,803
+195,734
| +114% | +$6.92M |
|
584
Brown & Brown
BRO
$23.4B
| $12.3M | 0.04% |
766,888
-1,888,628
| -71% | -$30.8M |
|
585
Manitowoc
MTW
$506M
| $12.3M | 0.04% |
693,523
+250,376
| +56% | +$4.55M |
|
|
DOLE
586
DELISTED
DOLE FOOD CO INC NEW CMN STK (DE)
DOLE
| $12.2M | 0.04% |
+899,012
| New | +$11.9M |
|
|
FNSR
587
DELISTED
Finisar Corp
FNSR
| $12.2M | 0.04% |
538,359
+355,949
| +195% | +$7.34M |
|
588
Sabra Healthcare REIT
SBRA
$5.35B
| $12.2M | 0.04% |
529,073
+243,680
| +85% | +$6M |
|
589
ArcelorMittal
MT
$53B
| $12.2M | 0.04% |
389,026
+145,538
| +60% | +$4.37M |
|
|
LPNT
590
DELISTED
LifePoint Health, Inc.
LPNT
| $12.1M | 0.04% |
260,473
+185,571
| +248% | +$8.88M |
|
|
SHOS
591
DELISTED
Sears Hometown and Outlet Stores, Inc.
SHOS
| $12.1M | 0.04% |
379,725
+289,165
| +319% | +$11.1M |
|
592
CALL
Altria Group
MO
$115B
| $12M | 0.04% |
350,000
| – | – |
|
|
EV
593
DELISTED
Eaton Vance Corp.
EV
| $12M | 0.04% |
309,172
+31,855
| +11% | +$1.27M |
|
594
Signet Jewelers
SIG
$3.67B
| $12M | 0.04% |
167,445
-63,812
| -28% | -$4.52M |
|
|
HSP
595
DELISTED
HOSPIRA INC
HSP
| $12M | 0.04% |
305,269
+263,052
| +623% | +$10.5M |
|
|
TMH
596
DELISTED
Team Health Holdings Inc
TMH
| $11.9M | 0.04% |
313,562
+292,286
| +1,374% | +$11.5M |
|
597
Vanguard Short-Term Bond ETF
BSV
$44.6B
| $11.9M | 0.04% |
147,609
+1,609
| +1% | +$129K |
|
|
DYAX
598
DELISTED
DYAX CORPORATION
DYAX
| $11.8M | 0.04% |
1,724,324
+1,162,873
| +207% | +$5.28M |
|
599
Avery Dennison
AVY
$12.9B
| $11.8M | 0.04% |
271,714
+145,238
| +115% | +$6.43M |
|
600
Vale
VALE
$64.1B
| $11.8M | 0.04% |
755,337
+315,596
| +72% | +$4.67M |
|
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.