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 | |
|---|---|---|---|---|---|---|
651
International Flavors & Fragrances
IFF
$20B
| $10.6M | 0.03% |
128,712
-32,766
| -20% | -$2.65M |
|
|
PCP
652
DELISTED
PRECISION CASTPARTS CORP
PCP
| $10.6M | 0.03% |
46,615
-100,658
| -68% | -$22.7M |
|
653
CALL
Seagate
STX
$197B
| $10.6M | 0.03% |
241,200
+101,200
| +72% | +$4.25M |
|
654
AGNC Investment
AGNC
$12.4B
| $10.5M | 0.03% |
466,971
-889,947
| -66% | -$20M |
|
655
CVS Health
CVS
$134B
| $10.5M | 0.03% |
185,424
-192,697
| -51% | -$11.5M |
|
656
Marathon Petroleum
MPC
$91.9B
| $10.5M | 0.03% |
326,644
-1,569,926
| -83% | -$55.2M |
|
|
657
PUT
Seagate
STX
$197B
| $10.5M | 0.03% |
239,900
+49,900
| +26% | +$2.1M |
|
|
FDO
658
CALL
DELISTED
FAMILY DOLLAR STORES
FDO
| $10.5M | 0.03% |
145,700
-48,400
| -25% | -$3.4M |
|
|
DFS
659
PUT
DELISTED
Discover Financial Services
DFS
| $10.5M | 0.03% |
+207,300
| New | +$10.4M |
|
|
ARUN
660
DELISTED
ARUBA NETWORKS, INC.
ARUN
| $10.5M | 0.03% |
628,380
+431,873
| +220% | +$7.54M |
|
661
Petrobras Class A
PBR.A
$109B
| $10.4M | 0.03% |
623,093
-426,440
| -41% | -$6.43M |
|
662
Texas Capital Bancshares
TCBI
$4.31B
| $10.4M | 0.03% |
226,745
-123,295
| -35% | -$5.67M |
|
663
Polaris
PII
$3.81B
| $10.4M | 0.03% |
80,425
-182,539
| -69% | -$20.5M |
|
664
Rigel Pharmaceuticals
RIGL
$693M
| $10.3M | 0.03% |
289,072
+108,715
| +60% | +$3.97M |
|
665
Molson Coors Class B
TAP
$7.73B
| $10.3M | 0.03% |
206,353
-70,503
| -25% | -$3.55M |
|
666
CALL
AutoZone
AZO
$49.2B
| $10.3M | 0.03% |
24,400
+5,100
| +26% | +$2.18M |
|
|
CPWR
667
DELISTED
COMPUWARE CORP
CPWR
| $10.3M | 0.03% |
954,946
+159,715
| +20% | +$1.68M |
|
|
ECHO
668
EchoStar
ECHO
$24.6B
| $10.2M | 0.03% |
287,426
+225,273
| +362% | +$7.62M |
|
669
SunCoke Energy
SXC
$726M
| $10.2M | 0.03% |
600,999
+507,361
| +542% | +$8.07M |
|
670
Marvell Technology
MRVL
$174B
| $10.2M | 0.03% |
885,067
+794,565
| +878% | +$9.8M |
|
|
AGN
671
CALL
DELISTED
Allergan Inc
AGN
| $10.2M | 0.03% |
+112,500
| New | +$10.1M |
|
|
GLOG
672
DELISTED
GASLOG LTD
GLOG
| $10.2M | 0.03% |
680,742
+31,740
| +5% | +$442K |
|
|
CTXS
673
DELISTED
Citrix Systems Inc
CTXS
| $10.1M | 0.03% |
180,496
-828,971
| -82% | -$46.4M |
|
674
Pfizer
PFE
$142B
| $10.1M | 0.03% |
371,675
-1,041,637
| -74% | -$28.3M |
|
|
SGNT
675
DELISTED
SAGENT PHARMACEUTICALS INC COM STK (DE)
SGNT
| $10.1M | 0.03% |
495,617
+321,548
| +185% | +$7.16M |
|
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.