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 | |
|---|---|---|---|---|---|---|
751
News Corp Class B
NWS
$17.2B
| $8.88M | 0.03% |
+540,157
| New | +$8.73M |
|
752
WEX
WEX
$6.35B
| $8.87M | 0.03% |
101,026
-69,898
| -41% | -$5.91M |
|
753
Corpay
CPAY
$25.5B
| $8.85M | 0.03% |
80,332
+47,104
| +142% | +$4.6M |
|
|
WCC
754
WESCO International
WCC
$16.7B
| $8.84M | 0.03% |
115,565
-55,577
| -32% | -$4.12M |
|
|
OA
755
DELISTED
Orbital ATK, Inc.
OA
| $8.82M | 0.03% |
90,371
+81,071
| +872% | +$7.69M |
|
|
FNFG
756
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $8.81M | 0.03% |
850,061
-135,469
| -14% | -$1.41M |
|
757
PUT
Starbucks
SBUX
$121B
| $8.81M | 0.03% |
229,000
+7,200
| +3% | +$259K |
|
758
CALL
CenterPoint Energy
CNP
$27.8B
| $8.81M | 0.03% |
367,400
+297,400
| +425% | +$7.09M |
|
|
MDRX
759
DELISTED
Veradigm Inc. Common Stock
MDRX
| $8.8M | 0.03% |
591,578
+334,280
| +130% | +$5.04M |
|
|
WCG
760
CALL
DELISTED
Wellcare Health Plans, Inc.
WCG
| $8.77M | 0.03% |
+125,700
| New | +$8.04M |
|
|
SAFM
761
DELISTED
Sanderson Farms Inc
SAFM
| $8.75M | 0.03% |
134,095
+54,613
| +69% | +$3.78M |
|
762
DexCom
DXCM
$28.8B
| $8.73M | 0.03% |
1,238,000
-1,601,776
| -56% | -$10.1M |
|
|
BRFS
763
DELISTED
BRF SA
BRFS
| $8.7M | 0.03% |
354,775
+179,034
| +102% | +$4.11M |
|
764
Jazz Pharmaceuticals
JAZZ
$16.2B
| $8.69M | 0.03% |
94,446
+21,426
| +29% | +$1.73M |
|
|
BRCM
765
CALL
DELISTED
BROADCOM CORP CL-A
BRCM
| $8.67M | 0.03% |
333,200
+83,200
| +33% | +$2.35M |
|
|
PF
766
DELISTED
Pinnacle Foods, Inc.
PF
| $8.67M | 0.03% |
327,493
+294,176
| +883% | +$7.7M |
|
|
BEE
767
DELISTED
STRATEGIC HOTELS & RESORTS, INC
BEE
| $8.67M | 0.03% |
998,635
+402,405
| +67% | +$3.51M |
|
768
Walmart Inc
WMT
$884B
| $8.66M | 0.03% |
351,201
-2,468,595
| -88% | -$62.2M |
|
|
APC
769
PUT
DELISTED
Anadarko Petroleum
APC
| $8.64M | 0.03% |
92,900
+27,000
| +41% | +$2.46M |
|
|
VTG
770
DELISTED
VANTAGE DRILLING COMPANY ORD SHS (KY)
VTG
| $8.63M | 0.03% |
+4,988,483
| New | +$8.97M |
|
|
HK
771
PUT
DELISTED
Halcon Resources Corporation
HK
| $8.63M | 0.03% |
+11,296
| New | +$10.3M |
|
|
DO
772
DELISTED
Diamond Offshore Drilling
DO
| $8.63M | 0.03% |
+138,428
| New | +$9.26M |
|
773
Textron
TXT
$15B
| $8.61M | 0.03% |
311,894
-236,520
| -43% | -$6.59M |
|
774
UMB Financial
UMBF
$11.1B
| $8.61M | 0.03% |
158,355
+35,290
| +29% | +$2.06M |
|
775
Fidelity National Information Services
FIS
$23.8B
| $8.58M | 0.03% |
184,706
-320,146
| -63% | -$14.5M |
|
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.