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 | |
|---|---|---|---|---|---|---|
|
AXLL
1151
PUT
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $4.75M | 0.02% |
125,600
+300
| +0.2% | +$12.5K |
|
1152
Archrock
AROC
$6.16B
| $4.74M | 0.02% |
172,034
+18,240
| +12% | +$534K |
|
|
KDN
1153
DELISTED
KAYDON CORP
KDN
| $4.74M | 0.02% |
133,328
+85,699
| +180% | +$2.65M |
|
|
UNTD
1154
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $4.73M | 0.02% |
84,796
-6,144
| -7% | -$345K |
|
1155
PUT
Cisco
CSCO
$443B
| $4.71M | 0.02% |
201,100
+1,100
| +0.6% | +$27.3K |
|
1156
Thor Industries
THO
$4.06B
| $4.7M | 0.02% |
+80,999
| New | +$4.3M |
|
1157
Yum! Brands
YUM
$41.9B
| $4.7M | 0.02% |
91,493
-93,254
| -50% | -$4.84M |
|
|
SFLY
1158
DELISTED
Shutterfly, Inc.
SFLY
| $4.69M | 0.02% |
+83,930
| New | +$4.67M |
|
1159
CALL
F5
FFIV
$22B
| $4.68M | 0.02% |
54,600
+30,400
| +126% | +$2.58M |
|
1160
Booz Allen Hamilton
BAH
$8.44B
| $4.68M | 0.02% |
+242,339
| New | +$4.74M |
|
|
ASNA
1161
DELISTED
Ascena Retail Group, Inc.
ASNA
| $4.68M | 0.02% |
11,744
+9,709
| +477% | +$3.45M |
|
1162
CALL
Capri Holdings
CPRI
$1.82B
| $4.68M | 0.02% |
+62,800
| New | +$4.38M |
|
1163
Quanta Services
PWR
$84.2B
| $4.68M | 0.02% |
170,108
-846,748
| -83% | -$22.9M |
|
1164
Five Below
FIVE
$11.6B
| $4.68M | 0.02% |
107,015
+85,015
| +386% | +$3.41M |
|
1165
WaFd
WAFD
$2.71B
| $4.67M | 0.02% |
+226,084
| New | +$4.8M |
|
|
DCH
1166
Dauch Corp
DCH
$1.31B
| $4.65M | 0.02% |
235,592
+150,403
| +177% | +$2.97M |
|
1167
WEC Energy
WEC
$36.3B
| $4.64M | 0.02% |
114,971
-158,676
| -58% | -$6.61M |
|
|
CHS
1168
DELISTED
Chicos FAS, Inc.
CHS
| $4.62M | 0.01% |
277,451
-30,214
| -10% | -$498K |
|
|
CHL
1169
DELISTED
China Mobile Limited
CHL
| $4.6M | 0.01% |
81,444
-226,083
| -74% | -$12.2M |
|
1170
ScottsMiracle-Gro
SMG
$4.09B
| $4.59M | 0.01% |
+83,480
| New | +$4.39M |
|
|
MHGC
1171
DELISTED
Morgans Hotel Group Co.
MHGC
| $4.59M | 0.01% |
598,715
+154,553
| +35% | +$1.11M |
|
|
BV
1172
DELISTED
Bazaarvoice, Inc.
BV
| $4.57M | 0.01% |
504,043
+381,217
| +310% | +$3.88M |
|
|
P
1173
DELISTED
Pandora Media Inc
P
| $4.57M | 0.01% |
181,900
-876,990
| -83% | -$18M |
|
|
EEP
1174
CALL
DELISTED
Enbridge Energy Partners
EEP
| $4.57M | 0.01% |
150,000
| – | – |
|
1175
Affiliated Managers Group
AMG
$9.51B
| $4.56M | 0.01% |
24,990
+24,952
| +65,663% | +$4.43M |
|
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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.