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 | |
|---|---|---|---|---|---|---|
|
WFT
1101
PUT
DELISTED
Weatherford International plc
WFT
| $5.47M | 0.02% |
353,100
+3,100
| +0.9% | +$49.2K |
|
|
IMOS
1102
ChipMOS TECHNOLOGIES
IMOS
$1.89B
| $5.46M | 0.02% |
257,614
+108,169
| +72% | +$2.16M |
|
|
TCF
1103
DELISTED
TCF Financial Corporation
TCF
| $5.46M | 0.02% |
335,705
+324,082
| +2,788% | +$5.02M |
|
|
ADVS
1104
DELISTED
Advent Software Inc
ADVS
| $5.44M | 0.02% |
155,732
+140,243
| +905% | +$4.74M |
|
1105
CF Industries
CF
$18.7B
| $5.43M | 0.02% |
116,595
-147,440
| -56% | -$6.45M |
|
|
IRBT
1106
DELISTED
iRobot
IRBT
| $5.42M | 0.02% |
156,019
+142,003
| +1,013% | +$4.84M |
|
1107
CALL
Lamar Advertising Co
LAMR
$16.4B
| $5.41M | 0.02% |
103,600
+95,000
| +1,105% | +$4.64M |
|
|
JOY
1108
DELISTED
Joy Global Inc
JOY
| $5.41M | 0.02% |
92,408
-377,725
| -80% | -$20.8M |
|
1109
CALL
Autodesk
ADSK
$47.7B
| $5.4M | 0.02% |
107,300
-169,700
| -61% | -$7.44M |
|
1110
Booz Allen Hamilton
BAH
$8.76B
| $5.4M | 0.02% |
281,816
+39,477
| +16% | +$722K |
|
1111
Associated Banc-Corp
ASB
$5.79B
| $5.39M | 0.02% |
309,818
-843,646
| -73% | -$14M |
|
|
DANG
1112
DELISTED
E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM)
DANG
| $5.39M | 0.02% |
564,387
+469,536
| +495% | +$4.45M |
|
1113
InterDigital
IDCC
$6.66B
| $5.38M | 0.02% |
182,259
+43,435
| +31% | +$1.47M |
|
1114
D.R. Horton
DHI
$41.1B
| $5.35M | 0.02% |
239,511
-1,495,224
| -86% | -$28.9M |
|
|
AOL
1115
CALL
DELISTED
AOL INC COMMON STOCK
AOL
| $5.34M | 0.02% |
114,500
-21,400
| -16% | -$874K |
|
1116
Annaly Capital Management
NLY
$17B
| $5.34M | 0.02% |
133,809
+63,034
| +89% | +$2.74M |
|
1117
VanEck Gold Miners ETF
GDX
$23B
| $5.33M | 0.02% |
252,410
+126,693
| +101% | +$2.93M |
|
1118
Costco
COST
$422B
| $5.33M | 0.02% |
44,747
-144,887
| -76% | -$17.3M |
|
1119
Capri Holdings
CPRI
$1.81B
| $5.31M | 0.02% |
65,456
-220,329
| -77% | -$17.4M |
|
1120
Acacia Research
ACTG
$446M
| $5.31M | 0.02% |
365,215
-43,133
| -11% | -$681K |
|
1121
Franco-Nevada
FNV
$41.3B
| $5.31M | 0.02% |
+130,329
| New | +$5.47M |
|
|
CAVM
1122
DELISTED
Cavium, Inc.
CAVM
| $5.31M | 0.02% |
+153,795
| New | +$5.76M |
|
1123
PUT
Invesco QQQ Trust
QQQ
$447B
| $5.3M | 0.02% |
+60,300
| New | +$5.02M |
|
1124
PUT
Marathon Petroleum
MPC
$91.3B
| $5.3M | 0.02% |
115,600
+63,800
| +123% | +$2.45M |
|
1125
PUT
Oracle
ORCL
$346B
| $5.3M | 0.02% |
138,500
-31,000
| -18% | -$1.07M |
|
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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.