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 |
NextEra Energy
NEE
|
+$122M |
| 2 |
Gilead Sciences
GILD
|
+$122M |
| 3 |
DTE Energy
DTE
|
+$121M |
| 4 |
Ameren
AEE
|
+$118M |
| 5 |
AGN
Allergan plc
AGN
|
+$107M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dominion Energy
D
|
+$125M |
| 2 |
HES
Hess
HES
|
+$101M |
| 3 |
BHI
Baker Hughes
BHI
|
+$84M |
| 4 |
ELN
ELAN CORP ADS(RP1 ORD4IRISH PN
ELN
|
+$79.9M |
| 5 |
Cheniere Energy
LNG
|
+$72.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.74% |
| 2 | Energy | 10.93% |
| 3 | Utilities | 8.1% |
| 4 | Financials | 7.35% |
| 5 | Consumer Discretionary | 6.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MSCC
1076
DELISTED
Microsemi Corp
MSCC
| $5.61M | 0.02% |
224,761
+14,374
| +7% | +$349K |
|
1077
CNO Financial Group
CNO
$4.97B
| $5.61M | 0.02% |
316,832
+35,701
| +13% | +$572K |
|
|
NSR
1078
DELISTED
Neustar Inc
NSR
| $5.61M | 0.02% |
112,417
-198,263
| -64% | -$9.54M |
|
1079
Hovnanian Enterprises
HOV
$782M
| $5.6M | 0.02% |
33,859
+26,901
| +387% | +$3.51M |
|
1080
PUT
Bristol-Myers Squibb
BMY
$128B
| $5.6M | 0.02% |
105,300
+15,700
| +18% | +$800K |
|
1081
Chubb
CB
$139B
| $5.59M | 0.02% |
+54,029
| New | +$5.31M |
|
|
MIC
1082
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $5.57M | 0.02% |
102,392
+3,184
| +3% | +$173K |
|
1083
PUT
Blackrock
BLK
$164B
| $5.57M | 0.02% |
17,600
+11,100
| +171% | +$3.31M |
|
1084
Upbound Group
UPBD
$1.21B
| $5.57M | 0.02% |
167,001
+160,671
| +2,538% | +$5.56M |
|
|
AKS
1085
DELISTED
AK Steel Holding Corp
AKS
| $5.56M | 0.02% |
+678,451
| New | +$3.58M |
|
1086
Unifirst Corp
UNF
$5.37B
| $5.55M | 0.02% |
51,866
+32,858
| +173% | +$3.35M |
|
|
SUNE
1087
DELISTED
SUNEDISON, INC COM
SUNE
| $5.54M | 0.02% |
424,854
+132,612
| +45% | +$1.5M |
|
1088
Quest Diagnostics
DGX
$25.5B
| $5.54M | 0.02% |
103,409
+97,923
| +1,785% | +$5.81M |
|
|
PDM
1089
Piedmont Realty Trust
PDM
$1.22B
| $5.54M | 0.02% |
335,164
+196,488
| +142% | +$3.4M |
|
|
PLL
1090
DELISTED
PALL CORP
PLL
| $5.54M | 0.02% |
64,861
+57,482
| +779% | +$4.67M |
|
1091
PUT
Abercrombie & Fitch
ANF
$4.39B
| $5.53M | 0.02% |
168,000
-353,300
| -68% | -$12.2M |
|
1092
CALL
Consolidated Edison
ED
$41.3B
| $5.53M | 0.02% |
100,000
+95,200
| +1,983% | +$5.36M |
|
1093
First Financial Bancorp
FFBC
$3.54B
| $5.52M | 0.02% |
316,792
+29,830
| +10% | +$477K |
|
1094
Casey's General Stores
CASY
$31.7B
| $5.51M | 0.02% |
78,392
+66,789
| +576% | +$4.89M |
|
1095
Steris
STE
$21.3B
| $5.5M | 0.02% |
114,429
-66,374
| -37% | -$3.03M |
|
1096
CALL
eBay
EBAY
$50.1B
| $5.49M | 0.02% |
237,600
+32,076
| +16% | +$710K |
|
1097
CALL
HF Sinclair
DINO
$16.5B
| $5.48M | 0.02% |
+110,300
| New | +$5.03M |
|
1098
Oaktree Specialty Lending
OCSL
$1.04B
| $5.48M | 0.02% |
197,493
+52,718
| +36% | +$1.56M |
|
1099
Agree Realty
ADC
$9.73B
| $5.47M | 0.02% |
+188,512
| New | +$5.67M |
|
|
WW
1100
CALL
DELISTED
WW International
WW
| $5.47M | 0.02% |
166,100
-126,800
| -43% | -$4.42M |
|
Similar funds
Millennium Management's Q4 2013 Portfolio in Review
As of Q4 2013, Millennium Management held 4,194 positions worth $31.7B, up 2% from $31.1B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Millennium Management withdrew a net $1.71B in Q4 2013, closing 788 positions and reducing 1,165 holdings. Its most notable exit was ELAN CORP ADS(RP1 ORD4IRISH PN, an estimated $79.9M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, up from 7.9% a quarter earlier, followed by Energy and Utilities.
Against the trend, Millennium Management opened a new position in Crown Holdings worth $64.3M.
- Millennium Management's largest Q4 2013 buy was Crown Holdings: 1,441,595 shares worth $64.3M.
- Millennium Management added most to NextEra Energy in Q4 2013, an estimated $122M increase.
- Millennium Management's biggest Q4 2013 reduction was Dominion Energy, cutting an estimated $125M.
- Millennium Management fully exited ELAN CORP ADS(RP1 ORD4IRISH PN in Q4 2013, selling an estimated $79.9M.
- Millennium Management's ten largest holdings make up 14% of its $31.7B portfolio in Q4 2013.
- Millennium Management opened 937 new positions and closed 788 in Q4 2013.
- Millennium Management's portfolio value rose 2% quarter-over-quarter to $31.7B.
Based on Millennium Management's 13F filing for Q4 2013, filed 14 Feb 2014.