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 | |
|---|---|---|---|---|---|---|
|
VER
1251
DELISTED
VEREIT, Inc.
VER
| $3.95M | 0.01% |
64,782
+60,262
| +1,333% | +$4.1M |
|
|
JONE
1252
DELISTED
Jones Energy, Inc.
JONE
| $3.94M | 0.01% |
+13,044
| New | +$3.59M |
|
1253
iShares Russell 1000 Value ETF
IWD
$81.4B
| $3.94M | 0.01% |
45,665
+32,320
| +242% | +$2.8M |
|
1254
Cincinnati Financial
CINF
$27.8B
| $3.91M | 0.01% |
82,959
-34,246
| -29% | -$1.63M |
|
|
BERY
1255
DELISTED
Berry Global Group, Inc.
BERY
| $3.9M | 0.01% |
212,788
+78,917
| +59% | +$1.64M |
|
|
BID
1256
PUT
DELISTED
Sotheby's
BID
| $3.9M | 0.01% |
+79,400
| New | +$3.53M |
|
|
FIRE
1257
DELISTED
SOURCEFIRE INC COM STK
FIRE
| $3.9M | 0.01% |
51,387
+39,923
| +348% | +$2.85M |
|
1258
CALL
Newmont
NEM
$96.2B
| $3.9M | 0.01% |
138,800
+63,800
| +85% | +$1.89M |
|
|
ALU
1259
DELISTED
Alcatel-Lucent
ALU
| $3.9M | 0.01% |
+1,148,213
| New | +$2.93M |
|
|
NE
1260
CALL
DELISTED
Noble Corporation
NE
| $3.87M | 0.01% |
117,260
+60,060
| +105% | +$2.04M |
|
|
AKRX
1261
DELISTED
Akorn Inc
AKRX
| $3.86M | 0.01% |
196,347
+99,864
| +104% | +$1.62M |
|
|
DF
1262
PUT
DELISTED
Dean Foods Company
DF
| $3.86M | 0.01% |
200,000
+100,000
| +100% | +$2.02M |
|
|
BNY
1263
Bank of New York Mellon
BNY
$103B
| $3.85M | 0.01% |
127,654
-751,835
| -85% | -$23.1M |
|
|
MOLX
1264
CALL
DELISTED
MOLEX INC
MOLX
| $3.85M | 0.01% |
+100,000
| New | +$3.21M |
|
1265
Graco
GGG
$13.2B
| $3.85M | 0.01% |
155,778
+91,134
| +141% | +$2.14M |
|
|
ENZ
1266
DELISTED
Enzo Biochem, Inc.
ENZ
| $3.84M | 0.01% |
1,525,000
+15,000
| +1% | +$35.6K |
|
1267
EPAM Systems
EPAM
$5.58B
| $3.84M | 0.01% |
+111,251
| New | +$3.42M |
|
|
KERX
1268
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $3.84M | 0.01% |
380,363
-735,651
| -66% | -$6.55M |
|
1269
Manulife Financial
MFC
$73B
| $3.83M | 0.01% |
231,246
-47,267
| -17% | -$807K |
|
1270
Sunstone Hotel Investors
SHO
$2.19B
| $3.81M | 0.01% |
299,217
+276,640
| +1,225% | +$3.53M |
|
|
CSII
1271
DELISTED
Cardiovascular Systems, Inc.
CSII
| $3.81M | 0.01% |
190,058
-47,042
| -20% | -$979K |
|
1272
CALL
Dentsply Sirona
XRAY
$2.84B
| $3.81M | 0.01% |
+87,700
| New | +$3.74M |
|
1273
Nike
NKE
$64.1B
| $3.79M | 0.01% |
104,498
-348,616
| -77% | -$11.4M |
|
1274
PUT
Kinross Gold
KGC
$27.7B
| $3.79M | 0.01% |
750,000
| – | – |
|
1275
Dillards
DDS
$9.2B
| $3.78M | 0.01% |
48,238
-59,129
| -55% | -$4.79M |
|
Similar funds
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.