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 | |
|---|---|---|---|---|---|---|
|
NXGN
851
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $7.75M | 0.02% |
356,497
+343,804
| +2,709% | +$7.34M |
|
852
Silicon Motion
SIMO
$8.65B
| $7.74M | 0.02% |
592,915
-162,005
| -21% | -$1.83M |
|
|
WMS
853
DELISTED
WMS INDS INC
WMS
| $7.74M | 0.02% |
298,235
-333,835
| -53% | -$8.6M |
|
|
ETFC
854
DELISTED
E*Trade Financial Corporation
ETFC
| $7.73M | 0.02% |
468,415
-317,171
| -40% | -$4.73M |
|
|
ITMN
855
DELISTED
INTERMUNE INC
ITMN
| $7.72M | 0.02% |
502,248
+271,820
| +118% | +$3.82M |
|
856
Advanced Micro Devices
AMD
$791B
| $7.72M | 0.02% |
2,030,925
+1,697,055
| +508% | +$6.46M |
|
857
CALL
Monster Beverage
MNST
$95.5B
| $7.71M | 0.02% |
885,600
+100,800
| +13% | +$995K |
|
858
Snap-on
SNA
$21.2B
| $7.7M | 0.02% |
77,414
+44,815
| +137% | +$4.3M |
|
859
PUT
iShares MSCI Emerging Markets ETF
EEM
$28.6B
| $7.7M | 0.02% |
188,800
-11,200
| -6% | -$443K |
|
860
American International
AIG
$41.8B
| $7.68M | 0.02% |
157,944
-61,280
| -28% | -$2.91M |
|
|
ALXN
861
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $7.67M | 0.02% |
66,000
+62,000
| +1,550% | +$6.8M |
|
862
Celldex Therapeutics
CLDX
$3.02B
| $7.66M | 0.02% |
14,420
-1,264
| -8% | -$433K |
|
|
EVHC
863
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $7.65M | 0.02% |
+98,143
| New | +$7.81M |
|
864
CALL
CarMax
KMX
$8.33B
| $7.63M | 0.02% |
157,400
-1,100
| -0.7% | -$53.8K |
|
865
Wabtec
WAB
$49.4B
| $7.63M | 0.02% |
121,296
+63,518
| +110% | +$3.73M |
|
866
Amazon
AMZN
$2.53T
| $7.62M | 0.02% |
487,620
+178,760
| +58% | +$2.66M |
|
|
PPLI
867
People Inc
PPLI
$3.08B
| $7.61M | 0.02% |
778,724
-1,081,419
| -58% | -$9.88M |
|
868
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $7.6M | 0.02% |
+189,364
| New | +$7.49M |
|
869
Alliant Energy
LNT
$18.3B
| $7.6M | 0.02% |
306,616
-1,587,318
| -84% | -$40.6M |
|
870
iShares China Large-Cap ETF
FXI
$4.37B
| $7.59M | 0.02% |
204,805
+92,805
| +83% | +$3.3M |
|
|
FNBC
871
DELISTED
First NBC Bank Holding Company
FNBC
| $7.58M | 0.02% |
310,964
-253,473
| -45% | -$6.33M |
|
872
OFG Bancorp
OFG
$2.22B
| $7.55M | 0.02% |
466,290
-40,578
| -8% | -$727K |
|
873
Ameriprise Financial
AMP
$48.1B
| $7.54M | 0.02% |
82,795
+29,462
| +55% | +$2.6M |
|
874
General Mills
GIS
$19.4B
| $7.53M | 0.02% |
157,222
-451,876
| -74% | -$22.7M |
|
875
CALL
Walmart Inc
WMT
$884B
| $7.52M | 0.02% |
305,100
+5,100
| +2% | +$129K |
|
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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.