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 | |
|---|---|---|---|---|---|---|
|
BZ
776
DELISTED
BOISE INC COM STK (DE)
BZ
| $8.57M | 0.03% |
680,000
+442,110
| +186% | +$4.22M |
|
|
ATHN
777
DELISTED
Athenahealth, Inc.
ATHN
| $8.57M | 0.03% |
78,890
+38,518
| +95% | +$4.16M |
|
778
Hain Celestial
HAIN
$44.4M
| $8.55M | 0.03% |
+221,768
| New | +$8.36M |
|
779
AstraZeneca
AZN
$266B
| $8.53M | 0.03% |
164,199
-131,245
| -44% | -$6.59M |
|
|
DNR
780
DELISTED
Denbury Resources, Inc.
DNR
| $8.52M | 0.03% |
462,571
-405,862
| -47% | -$7.15M |
|
781
CALL
Starbucks
SBUX
$121B
| $8.51M | 0.03% |
221,200
-70,200
| -24% | -$2.52M |
|
|
DRC
782
DELISTED
DRESSER-RAND GROUP INC
DRC
| $8.5M | 0.03% |
136,283
+105,389
| +341% | +$6.58M |
|
783
Unilever
UL
$141B
| $8.5M | 0.03% |
195,892
+84,766
| +76% | +$3.85M |
|
784
Carnival Corporation Ltd
CCL
$38B
| $8.48M | 0.03% |
259,685
-364,354
| -58% | -$13.2M |
|
|
MFA
785
MFA Financial
MFA
$935M
| $8.46M | 0.03% |
284,036
-210,531
| -43% | -$6.45M |
|
786
PUT
iShares US Home Construction ETF
ITB
$2.29B
| $8.46M | 0.03% |
+378,500
| New | +$8.32M |
|
|
SCHW
787
PUT
Charles Schwab
SCHW
$181B
| $8.46M | 0.03% |
+400,000
| New | +$8.7M |
|
788
CALL
Abbott
ABT
$183B
| $8.45M | 0.03% |
+254,500
| New | +$8.93M |
|
789
Dollar Tree
DLTR
$24.7B
| $8.42M | 0.03% |
147,228
-248,757
| -63% | -$13.4M |
|
790
SEI Investments
SEIC
$12.4B
| $8.4M | 0.03% |
271,814
-147,969
| -35% | -$4.56M |
|
|
BYI
791
DELISTED
BALLY TECHNOLOGIES, INC.
BYI
| $8.37M | 0.03% |
116,165
+71,200
| +158% | +$5.01M |
|
792
CALL
Steel Dynamics
STLD
$36.2B
| $8.36M | 0.03% |
500,000
+200,000
| +67% | +$3.17M |
|
793
CALL
Goldman Sachs
GS
$302B
| $8.35M | 0.03% |
52,800
+2,800
| +6% | +$451K |
|
|
X
794
CALL
DELISTED
US Steel
X
| $8.34M | 0.03% |
405,000
-11,400
| -3% | -$215K |
|
795
CALL
Lennar Class A
LEN
$20.2B
| $8.32M | 0.03% |
246,987
+147,184
| +147% | +$4.77M |
|
|
FSL
796
DELISTED
FREESCALE SEMICONDUCTOR LTD
FSL
| $8.31M | 0.03% |
499,137
-219,103
| -31% | -$3.38M |
|
|
WCG
797
DELISTED
Wellcare Health Plans, Inc.
WCG
| $8.29M | 0.03% |
118,909
-14,990
| -11% | -$959K |
|
798
Popular Inc
BPOP
$11.2B
| $8.29M | 0.03% |
315,661
-344,656
| -52% | -$10.9M |
|
799
CALL
Textron
TXT
$15B
| $8.28M | 0.03% |
300,000
+95,600
| +47% | +$2.67M |
|
800
TIM SA
TIMB
$9.13B
| $8.27M | 0.03% |
350,941
-477,501
| -58% | -$9.66M |
|
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.