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 | |
|---|---|---|---|---|---|---|
976
PUT
Altria Group
MO
$113B
| $6.32M | 0.02% |
184,000
| – | – |
|
|
ARPI
977
DELISTED
AMERICAN RESIDENTIAL PPTYS INC COM
ARPI
| $6.32M | 0.02% |
+358,837
| New | +$6.26M |
|
978
Advanced Energy
AEIS
$11B
| $6.31M | 0.02% |
360,152
+246,708
| +217% | +$4.86M |
|
|
CYBX
979
DELISTED
CYBERONICS INC
CYBX
| $6.31M | 0.02% |
124,284
+68,848
| +124% | +$3.61M |
|
|
PETM
980
CALL
DELISTED
PETSMART INC
PETM
| $6.3M | 0.02% |
82,600
+34,900
| +73% | +$2.52M |
|
|
DRC
981
CALL
DELISTED
DRESSER-RAND GROUP INC
DRC
| $6.28M | 0.02% |
100,700
+31,100
| +45% | +$1.94M |
|
982
JetBlue
JBLU
$2.29B
| $6.28M | 0.02% |
942,144
+403,030
| +75% | +$2.6M |
|
983
Group 1 Automotive
GPI
$3.53B
| $6.28M | 0.02% |
+80,825
| New | +$6.03M |
|
|
RFMD
984
DELISTED
RF MICRO DEVICES INC
RFMD
| $6.28M | 0.02% |
1,113,170
+108,406
| +11% | +$570K |
|
|
JNY
985
DELISTED
JONES GROUP INC COM STK (PA)
JNY
| $6.27M | 0.02% |
417,980
+367,044
| +721% | +$5.76M |
|
986
Crane NXT
CXT
$2.97B
| $6.25M | 0.02% |
291,873
+138,296
| +90% | +$2.94M |
|
987
Extra Space Storage
EXR
$31.3B
| $6.24M | 0.02% |
136,285
+107,099
| +367% | +$4.64M |
|
988
PUT
ResMed
RMD
$30.3B
| $6.23M | 0.02% |
118,000
-287,200
| -71% | -$13.9M |
|
989
PUT
Qualcomm
QCOM
$160B
| $6.22M | 0.02% |
92,400
+1,300
| +1% | +$85.2K |
|
|
EZCH
990
CALL
DELISTED
EZCHIP SEMICONDUCTOR LIMITED ORD SHS (IL)
EZCH
| $6.22M | 0.02% |
+252,300
| New | +$7.08M |
|
991
Check Point Software Technologies
CHKP
$13.1B
| $6.21M | 0.02% |
+109,740
| New | +$6.17M |
|
|
AEL
992
DELISTED
American Equity Investment Life Holding Company
AEL
| $6.21M | 0.02% |
292,470
-24,039
| -8% | -$459K |
|
|
SUSQ
993
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
| $6.21M | 0.02% |
495,269
+419,762
| +556% | +$5.54M |
|
994
Steel Dynamics
STLD
$36.2B
| $6.21M | 0.02% |
371,108
-155,061
| -29% | -$2.46M |
|
|
WFT
995
CALL
DELISTED
Weatherford International plc
WFT
| $6.2M | 0.02% |
404,500
+377,200
| +1,382% | +$5.53M |
|
996
Baidu
BIDU
$36.5B
| $6.19M | 0.02% |
39,879
+15,832
| +66% | +$2.04M |
|
997
PUT
Netflix
NFLX
$305B
| $6.18M | 0.02% |
+1,400,000
| New | +$5.41M |
|
|
PRA
998
DELISTED
ProAssurance
PRA
| $6.15M | 0.02% |
136,558
+122,655
| +882% | +$6.14M |
|
|
NSM
999
CALL
DELISTED
Nationstar Mortgage Holdings
NSM
| $6.09M | 0.02% |
+108,300
| New | +$5.28M |
|
1000
CALL
Tapestry
TPR
$30.8B
| $6.09M | 0.02% |
111,600
+34,000
| +44% | +$1.87M |
|
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.