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 | |
|---|---|---|---|---|---|---|
|
NVDQ
1051
DELISTED
Novadaq Technologies Inc.
NVDQ
| $5.59M | 0.02% |
337,064
+58,776
| +21% | +$835K |
|
1052
PUT
Owens Corning
OC
$11B
| $5.58M | 0.02% |
+147,000
| New | +$5.73M |
|
|
TBI
1053
Trueblue
TBI
$227M
| $5.58M | 0.02% |
232,393
+43,452
| +23% | +$1.08M |
|
1054
State Street SPDR S&P 500 ETF Trust
SPY
$771B
| $5.58M | 0.02% |
33,207
-5,649
| -15% | -$947K |
|
1055
Myriad Genetics
MYGN
$476M
| $5.57M | 0.02% |
237,135
+228,035
| +2,506% | +$6.48M |
|
1056
TD Synnex
SNX
$19.9B
| $5.57M | 0.02% |
+181,120
| New | +$4.63M |
|
1057
Ubiquiti
UI
$31.6B
| $5.57M | 0.02% |
165,687
+137,487
| +488% | +$3.68M |
|
|
BLOX
1058
DELISTED
Infoblox Inc
BLOX
| $5.57M | 0.02% |
133,078
+119,067
| +850% | +$4.14M |
|
|
LLL
1059
DELISTED
L3 Technologies, Inc.
LLL
| $5.53M | 0.02% |
+58,474
| New | +$5.39M |
|
1060
TherapeuticsMD
TXMD
$23.8M
| $5.51M | 0.02% |
37,630
+4,230
| +13% | +$511K |
|
1061
3M
MMM
$91.8B
| $5.51M | 0.02% |
+55,162
| New | +$5.36M |
|
|
VCRA
1062
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $5.5M | 0.02% |
295,508
+92,177
| +45% | +$1.5M |
|
1063
PUT
KB Home
KBH
$3.5B
| $5.47M | 0.02% |
303,600
+255,800
| +535% | +$4.48M |
|
|
AUXL
1064
DELISTED
AUXILIUM PHARAMCEUTICALS INC
AUXL
| $5.46M | 0.02% |
300,057
-537,129
| -64% | -$9.7M |
|
1065
Nexstar Media Group
NXST
$6.01B
| $5.45M | 0.02% |
122,484
-122,967
| -50% | -$4.4M |
|
|
EMBJ
1066
Embraer S.A. ADS
EMBJ
$12B
| $5.44M | 0.02% |
167,606
+127,106
| +314% | +$4.42M |
|
|
WLT
1067
DELISTED
WALTER ENERGY INC COM STK (DE)
WLT
| $5.43M | 0.02% |
387,334
+313,177
| +422% | +$3.98M |
|
1068
Royal Bank of Canada
RY
$287B
| $5.43M | 0.02% |
+84,520
| New | +$5.25M |
|
|
WMGI
1069
DELISTED
Wright Medical Group Inc
WMGI
| $5.42M | 0.02% |
207,907
-439,170
| -68% | -$11.5M |
|
1070
Dover
DOV
$26.7B
| $5.41M | 0.02% |
89,800
-143,344
| -61% | -$8.26M |
|
|
BBL
1071
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $5.4M | 0.02% |
91,810
-98,869
| -52% | -$5.76M |
|
1072
M&T Bank
MTB
$36.3B
| $5.39M | 0.02% |
48,158
+14,991
| +45% | +$1.73M |
|
1073
Sonida Senior Living
SNDA
$1.93B
| $5.38M | 0.02% |
16,947
-26,290
| -61% | -$8.91M |
|
|
WFT
1074
PUT
DELISTED
Weatherford International plc
WFT
| $5.37M | 0.02% |
350,000
| – | – |
|
1075
Clearway Energy Class C
CWEN
$4.79B
| $5.36M | 0.02% |
+354,078
| New | +$5.08M |
|
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.