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 | |
|---|---|---|---|---|---|---|
801
Carpenter Technology
CRS
$30B
| $8.7M | 0.03% |
139,842
+96,797
| +225% | +$5.86M |
|
|
STJ
802
PUT
DELISTED
St Jude Medical
STJ
| $8.7M | 0.03% |
140,400
+127,700
| +1,006% | +$7.39M |
|
|
GG
803
PUT
DELISTED
Goldcorp Inc
GG
| $8.69M | 0.03% |
401,000
+263,500
| +192% | +$6.19M |
|
804
UMB Financial
UMBF
$10.7B
| $8.69M | 0.03% |
135,177
-23,178
| -15% | -$1.41M |
|
805
Designer Brands
DBI
$277M
| $8.69M | 0.03% |
203,253
+17,351
| +9% | +$753K |
|
806
Infosys
INFY
$45B
| $8.66M | 0.03% |
1,224,216
-1,744,152
| -59% | -$11.7M |
|
|
XL
807
DELISTED
XL Group Ltd.
XL
| $8.66M | 0.03% |
272,023
-233,498
| -46% | -$7.27M |
|
|
CA
808
DELISTED
CA, Inc.
CA
| $8.65M | 0.03% |
257,154
+187,917
| +271% | +$5.96M |
|
|
809
PUT
Gilead Sciences
GILD
$161B
| $8.64M | 0.03% |
+115,000
| New | +$8.01M |
|
|
RAX
810
CALL
DELISTED
Rackspace Hosting Inc
RAX
| $8.55M | 0.03% |
218,600
+28,800
| +15% | +$1.25M |
|
|
FMER
811
DELISTED
FIRSTMERIT CORP
FMER
| $8.55M | 0.03% |
+384,495
| New | +$8.64M |
|
|
AUY
812
DELISTED
Yamana Gold, Inc.
AUY
| $8.5M | 0.03% |
986,240
+916,442
| +1,313% | +$8.46M |
|
|
BTU
813
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $8.5M | 0.03% |
29,012
+18,779
| +184% | +$5.3M |
|
814
CVR Energy
CVI
$3.36B
| $8.49M | 0.03% |
195,436
+180,256
| +1,187% | +$6.99M |
|
|
BV
815
DELISTED
Bazaarvoice, Inc.
BV
| $8.47M | 0.03% |
1,069,467
+565,424
| +112% | +$4.94M |
|
|
BWLD
816
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $8.47M | 0.03% |
57,513
+54,291
| +1,685% | +$7.47M |
|
817
AXIS Capital
AXS
$8.59B
| $8.46M | 0.03% |
177,806
-580,942
| -77% | -$27.4M |
|
818
United Rentals
URI
$71.1B
| $8.45M | 0.03% |
108,425
-223,855
| -67% | -$15M |
|
819
Arrow Electronics
ARW
$10.9B
| $8.45M | 0.03% |
155,727
+111,008
| +248% | +$5.64M |
|
820
Boyd Gaming
BYD
$6.47B
| $8.44M | 0.03% |
749,649
+384,325
| +105% | +$4.54M |
|
821
CALL
AbbVie
ABBV
$458B
| $8.43M | 0.03% |
+159,700
| New | +$7.85M |
|
|
VER
822
DELISTED
VEREIT, Inc.
VER
| $8.43M | 0.03% |
131,255
+66,473
| +103% | +$4.3M |
|
|
FITB
823
PUT
Fifth Third Bancorp
FITB
$52B
| $8.42M | 0.03% |
+400,400
| New | +$7.85M |
|
824
Methode Electronics
MEI
$543M
| $8.39M | 0.03% |
245,437
+166,444
| +211% | +$4.82M |
|
825
Alaska Air
ALK
$5.15B
| $8.38M | 0.03% |
228,406
+57,212
| +33% | +$2.03M |
|
Similar funds
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.