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 | |
|---|---|---|---|---|---|---|
1201
PUT
Procter & Gamble
PG
$346B
| $4.78M | 0.02% |
58,700
| – | – |
|
|
SAFE
1202
Safehold
SAFE
$1.19B
| $4.78M | 0.02% |
68,797
+20,466
| +42% | +$1.28M |
|
1203
MSC Industrial Direct
MSM
$7.07B
| $4.78M | 0.02% |
59,061
-38,130
| -39% | -$3.02M |
|
|
OPEN
1204
DELISTED
OPENTABLE,INC COMMON STOCK
OPEN
| $4.77M | 0.02% |
60,049
-277,647
| -82% | -$21.3M |
|
1205
TC Energy
TRP
$71.2B
| $4.76M | 0.02% |
104,279
+93,061
| +830% | +$4.14M |
|
|
CZZ
1206
DELISTED
Cosan Limited
CZZ
| $4.76M | 0.02% |
346,862
+313,971
| +955% | +$4.69M |
|
1207
Labcorp
LH
$24.7B
| $4.75M | 0.02% |
60,528
-366,241
| -86% | -$31.2M |
|
1208
Western Alliance Bancorporation
WAL
$9.04B
| $4.75M | 0.02% |
199,073
+108,788
| +120% | +$2.37M |
|
|
ACI
1209
CALL
DELISTED
ARCH COAL, INC.
ACI
| $4.75M | 0.02% |
106,750
+103,930
| +3,685% | +$4.36M |
|
|
MASI
1210
DELISTED
Masimo
MASI
| $4.75M | 0.02% |
162,451
+154,851
| +2,038% | +$4.33M |
|
1211
Steven Madden
SHOO
$3.18B
| $4.75M | 0.02% |
194,612
+151,104
| +347% | +$3.68M |
|
1212
CALL
MetLife
MET
$61.2B
| $4.75M | 0.02% |
98,736
+42,636
| +76% | +$1.91M |
|
|
AUY
1213
CALL
DELISTED
Yamana Gold, Inc.
AUY
| $4.74M | 0.02% |
550,000
+244,100
| +80% | +$2.25M |
|
1214
Grand Canyon Education
LOPE
$3.84B
| $4.74M | 0.02% |
108,691
+101,176
| +1,346% | +$4.44M |
|
|
FOE
1215
DELISTED
Ferro Corporation
FOE
| $4.73M | 0.01% |
368,973
+206,092
| +127% | +$2.5M |
|
1216
Hormel Foods
HRL
$14.3B
| $4.73M | 0.01% |
209,462
+198,766
| +1,858% | +$4.35M |
|
1217
CALL
Petrobras
PBR
$116B
| $4.72M | 0.01% |
342,800
-274,700
| -44% | -$4.26M |
|
|
MTGE
1218
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $4.72M | 0.01% |
+270,469
| New | +$5.19M |
|
1219
3M
MMM
$91.9B
| $4.72M | 0.01% |
40,235
-14,927
| -27% | -$1.59M |
|
|
TSL
1220
DELISTED
Trina Solar Limited
TSL
| $4.72M | 0.01% |
344,968
+146,042
| +73% | +$2.19M |
|
|
CBM
1221
DELISTED
Cambrex Corporation
CBM
| $4.7M | 0.01% |
263,813
+122,430
| +87% | +$2.11M |
|
1222
Reliance Steel & Aluminium
RS
$20.6B
| $4.7M | 0.01% |
61,994
-3,967
| -6% | -$293K |
|
1223
Titan Machinery
TITN
$469M
| $4.7M | 0.01% |
+263,727
| New | +$4.45M |
|
1224
PUT
Valero Energy
VLO
$90.5B
| $4.69M | 0.01% |
93,000
-39,000
| -30% | -$1.64M |
|
|
ACI
1225
DELISTED
ARCH COAL, INC.
ACI
| $4.69M | 0.01% |
+105,318
| New | +$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.