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 | |
|---|---|---|---|---|---|---|
1076
Alaska Air
ALK
$5.11B
| $5.36M | 0.02% |
171,194
-492,858
| -74% | -$14.7M |
|
1077
CALL
United Rentals
URI
$65.7B
| $5.32M | 0.02% |
91,200
-259,200
| -74% | -$14.4M |
|
|
MIC
1078
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $5.31M | 0.02% |
99,208
-81,065
| -45% | -$4.44M |
|
1079
Hanover Insurance
THG
$8.13B
| $5.31M | 0.02% |
96,000
-29,540
| -24% | -$1.57M |
|
|
UFS
1080
DELISTED
DOMTAR CORPORATION (New)
UFS
| $5.3M | 0.02% |
133,470
-102,880
| -44% | -$3.65M |
|
1081
CALL
Dollar Tree
DLTR
$24.8B
| $5.28M | 0.02% |
92,300
-29,100
| -24% | -$1.57M |
|
1082
Harley-Davidson
HOG
$2.61B
| $5.23M | 0.02% |
81,437
-73,220
| -47% | -$4.33M |
|
1083
Kirby Corp
KEX
$7.01B
| $5.23M | 0.02% |
60,427
+12,784
| +27% | +$1.07M |
|
|
MON
1084
CALL
DELISTED
Monsanto Co
MON
| $5.22M | 0.02% |
50,000
| – | – |
|
1085
PTC
PTC
$15.3B
| $5.22M | 0.02% |
183,299
+74,862
| +69% | +$2.04M |
|
|
AVG
1086
DELISTED
AVG Technologies N.V.
AVG
| $5.21M | 0.02% |
217,536
+188,693
| +654% | +$4.2M |
|
1087
Teradyne
TER
$50B
| $5.2M | 0.02% |
314,577
+185,156
| +143% | +$3.07M |
|
1088
CALL
Citigroup
C
$213B
| $5.19M | 0.02% |
+106,900
| New | +$5.4M |
|
1089
CALL
Comcast
CMCSA
$87.3B
| $5.18M | 0.02% |
+229,800
| New | +$5M |
|
1090
InterDigital
IDCC
$6.75B
| $5.18M | 0.02% |
138,824
+30,333
| +28% | +$1.14M |
|
|
CAA
1091
CALL
DELISTED
CalAtlantic Group, Inc.
CAA
| $5.18M | 0.02% |
131,000
+119,000
| +992% | +$4.71M |
|
1092
Brunswick
BC
$5.23B
| $5.18M | 0.02% |
129,730
+79,454
| +158% | +$2.95M |
|
1093
CALL
NiSource
NI
$21.5B
| $5.18M | 0.02% |
426,542
-63,625
| -13% | -$753K |
|
1094
Glacier Bancorp
GBCI
$6.36B
| $5.18M | 0.02% |
+209,720
| New | +$5.03M |
|
1095
Boyd Gaming
BYD
$6.75B
| $5.17M | 0.02% |
365,324
+170,087
| +87% | +$2.09M |
|
|
ISIL
1096
DELISTED
Intersil Corp
ISIL
| $5.16M | 0.02% |
459,583
+156,722
| +52% | +$1.57M |
|
|
VTSS
1097
DELISTED
VITESSE SEMICONDUCTOR CORPORATION COMMON STOCK
VTSS
| $5.15M | 0.02% |
1,695,000
+145,000
| +9% | +$403K |
|
|
RDC
1098
CALL
DELISTED
Rowan Companies Plc
RDC
| $5.15M | 0.02% |
140,300
+100,300
| +251% | +$3.6M |
|
|
SCTY
1099
DELISTED
SolarCity Corporation
SCTY
| $5.14M | 0.02% |
+148,556
| New | +$5.57M |
|
|
KMR
1100
DELISTED
KINDER MORGAN MANAGEMENT LLC
KMR
| $5.11M | 0.02% |
74,237
+47,409
| +177% | +$3.47M |
|
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.