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 | |
|---|---|---|---|---|---|---|
|
ULTI
951
DELISTED
Ultimate Software Group Inc
ULTI
| $6.64M | 0.02% |
45,037
-11,160
| -20% | -$1.55M |
|
952
United Airlines
UAL
$40.1B
| $6.63M | 0.02% |
216,054
-179,702
| -45% | -$5.78M |
|
|
DST
953
DELISTED
DST Systems Inc.
DST
| $6.63M | 0.02% |
175,856
-1,062,898
| -86% | -$38.4M |
|
954
Cytokinetics
CYTK
$10.9B
| $6.56M | 0.02% |
867,060
+455,957
| +111% | +$4.89M |
|
955
CALL
Macy's
M
$6.56B
| $6.56M | 0.02% |
151,700
-13,300
| -8% | -$621K |
|
|
LIN
956
DELISTED
LIN MEDIA LLC CLASS A COM
LIN
| $6.56M | 0.02% |
+323,423
| New | +$5.42M |
|
|
SNTS
957
DELISTED
SANTARUS INC
SNTS
| $6.55M | 0.02% |
289,990
-437,090
| -60% | -$10.4M |
|
958
Sarepta Therapeutics
SRPT
$1.64B
| $6.54M | 0.02% |
138,530
+127,530
| +1,159% | +$4.91M |
|
|
959
PUT
Macy's
M
$6.56B
| $6.54M | 0.02% |
151,100
+1,100
| +0.7% | +$51.4K |
|
|
RBS.PRQ
960
DELISTED
ROYAL BANK OF SCOTLAND GP PLC (THE) ADR REPSTG PFD SHS SER Q
RBS.PRQ
| $6.53M | 0.02% |
+298,392
| New | +$6.4M |
|
961
Post Holdings
POST
$4.21B
| $6.51M | 0.02% |
246,517
+76,452
| +45% | +$2.23M |
|
|
GG
962
DELISTED
Goldcorp Inc
GG
| $6.51M | 0.02% |
250,408
-460,372
| -65% | -$12.7M |
|
|
YGE
963
DELISTED
Yingli Green Energy Holding Comp
YGE
| $6.46M | 0.02% |
+93,084
| New | +$4.18M |
|
|
EXPR
964
DELISTED
Express, Inc.
EXPR
| $6.44M | 0.02% |
13,646
-2,172
| -14% | -$959K |
|
965
Southern Copper
SCCO
$145B
| $6.43M | 0.02% |
254,813
-34,932
| -12% | -$903K |
|
966
Expedia Group
EXPE
$35.2B
| $6.43M | 0.02% |
124,184
+61,672
| +99% | +$3.3M |
|
967
World Kinect Corp
WKC
$2.03B
| $6.43M | 0.02% |
172,434
+160,780
| +1,380% | +$6.19M |
|
968
PUT
GSK
GSK
$104B
| $6.42M | 0.02% |
+102,400
| New | +$6.59M |
|
969
M/I Homes
MHO
$3.87B
| $6.42M | 0.02% |
311,339
-43,320
| -12% | -$909K |
|
970
ON Semiconductor
ON
$32.6B
| $6.4M | 0.02% |
875,304
+38,690
| +5% | +$297K |
|
|
CELGZ
971
DELISTED
Celgene Corporation Contingent Value Rights
CELGZ
| $6.39M | 0.02% |
795,078
+316,720
| +66% | +$2.44M |
|
972
State Street Financial Select Sector SPDR ETF
XLF
$56.8B
| $6.39M | 0.02% |
365,445
+83,855
| +30% | +$1.49M |
|
973
Omeros
OMER
$863M
| $6.38M | 0.02% |
654,712
-611,381
| -48% | -$3.65M |
|
|
ICON
974
DELISTED
Iconix Brand Group, Inc.
ICON
| $6.38M | 0.02% |
19,185
+18,456
| +2,532% | +$6.04M |
|
|
HIG.WS
975
DELISTED
Hartford Financial Services Grp
HIG.WS
| $6.37M | 0.02% |
285,000
| – | – |
|
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.