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 | |
|---|---|---|---|---|---|---|
1226
Realty Income
O
$61.1B
| $4.13M | 0.01% |
107,330
-13,081
| -11% | -$530K |
|
|
COLE
1227
DELISTED
COLE REAL ESTATE INVESTMENTS, INC COM
COLE
| $4.13M | 0.01% |
+337,109
| New | +$3.83M |
|
1228
CALL
Eversource Energy
ES
$28.1B
| $4.13M | 0.01% |
100,000
-102,400
| -51% | -$4.33M |
|
|
PTLA
1229
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $4.12M | 0.01% |
154,098
-47,025
| -23% | -$1.12M |
|
|
MLNX
1230
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $4.1M | 0.01% |
108,066
+83,720
| +344% | +$3.58M |
|
|
SINA
1231
PUT
DELISTED
Sina Corp
SINA
| $4.1M | 0.01% |
+50,500
| New | +$3.71M |
|
1232
TransDigm Group
TDG
$70.7B
| $4.1M | 0.01% |
29,543
-24,475
| -45% | -$3.48M |
|
1233
Option Care Health
OPCH
$3.58B
| $4.1M | 0.01% |
+116,657
| New | +$6.41M |
|
|
CTB
1234
DELISTED
Cooper Tire & Rubber Co.
CTB
| $4.07M | 0.01% |
132,058
-22,942
| -15% | -$747K |
|
1235
eBay
EBAY
$51.2B
| $4.07M | 0.01% |
173,139
-787,898
| -82% | -$17.7M |
|
1236
Korn Ferry
KFY
$4.31B
| $4.05M | 0.01% |
189,201
+60,160
| +47% | +$1.19M |
|
1237
CNO Financial Group
CNO
$4.94B
| $4.05M | 0.01% |
281,131
-206,464
| -42% | -$2.94M |
|
1238
CALL
Mitsubishi UFJ Financial
MUFG
$247B
| $4.04M | 0.01% |
630,900
+28,600
| +5% | +$182K |
|
1239
CBRE Group
CBRE
$43.3B
| $4.02M | 0.01% |
173,942
-100,156
| -37% | -$2.32M |
|
|
ORB
1240
DELISTED
ORBITAL SCIENCES CORP
ORB
| $4.01M | 0.01% |
189,508
+65,067
| +52% | +$1.23M |
|
|
YOKU
1241
CALL
DELISTED
YOUKU TUDOU INC.(CAYMAN ISLS)
YOKU
| $4.01M | 0.01% |
+146,200
| New | +$3.35M |
|
1242
CubeSmart
CUBE
$9.61B
| $4M | 0.01% |
224,265
+49,432
| +28% | +$842K |
|
1243
Fresenius Medical Care
FMS
$13.4B
| $4M | 0.01% |
+123,384
| New | +$4.02M |
|
1244
PUT
Petrobras
PBR
$120B
| $3.98M | 0.01% |
256,900
+100
| +0% | +$1.43K |
|
|
SPLS
1245
CALL
DELISTED
Staples Inc
SPLS
| $3.98M | 0.01% |
271,500
-78,500
| -22% | -$1.23M |
|
|
CAMP
1246
DELISTED
CalAmp Corp.
CAMP
| $3.97M | 0.01% |
9,801
-3,649
| -27% | -$1.35M |
|
1247
Henry Schein
HSIC
$9.78B
| $3.97M | 0.01% |
97,527
+65,122
| +201% | +$2.64M |
|
1248
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.6B
| $3.97M | 0.01% |
99,667
-102,207
| -51% | -$4.16M |
|
1249
Bio-Rad Laboratories Class A
BIO
$8.76B
| $3.96M | 0.01% |
33,644
-16,936
| -33% | -$2M |
|
1250
BioMarin Pharmaceuticals
BMRN
$11.9B
| $3.96M | 0.01% |
54,808
-183,357
| -77% | -$12.2M |
|
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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.