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 | |
|---|---|---|---|---|---|---|
1276
Orthofix Medical
OFIX
$492M
| $3.77M | 0.01% |
181,407
+139,734
| +335% | +$3.39M |
|
1277
Acadia Pharmaceuticals
ACAD
$4.51B
| $3.77M | 0.01% |
137,120
-86,333
| -39% | -$1.8M |
|
1278
Tenet Healthcare
THC
$22.2B
| $3.76M | 0.01% |
91,246
-298,267
| -77% | -$12.5M |
|
1279
KeyCorp
KEY
$23.8B
| $3.76M | 0.01% |
329,519
-1,619,809
| -83% | -$19.4M |
|
|
KS
1280
DELISTED
KapStone Paper and Pack Corp.
KS
| $3.75M | 0.01% |
175,042
+119,430
| +215% | +$2.6M |
|
|
SRCL
1281
DELISTED
Stericycle Inc
SRCL
| $3.74M | 0.01% |
32,380
+19,508
| +152% | +$2.25M |
|
1282
Jabil
JBL
$30.1B
| $3.73M | 0.01% |
172,031
+89,768
| +109% | +$2.05M |
|
1283
Canadian Natural Resources
CNQ
$96.9B
| $3.73M | 0.01% |
+245,265
| New | +$3.68M |
|
1284
Commerce Bancshares
CBSH
$8.68B
| $3.7M | 0.01% |
159,298
+42,712
| +37% | +$1.02M |
|
1285
Eldorado Gold
EGO
$8.33B
| $3.7M | 0.01% |
110,201
+2,352
| +2% | +$89.3K |
|
1286
Copart
CPRT
$28.5B
| $3.68M | 0.01% |
925,760
+354,504
| +62% | +$1.44M |
|
1287
Fastenal
FAST
$54.8B
| $3.67M | 0.01% |
292,184
-90,368
| -24% | -$1.07M |
|
|
SVU
1288
DELISTED
SUPERVALU Inc.
SVU
| $3.67M | 0.01% |
63,728
-119,180
| -65% | -$6.28M |
|
|
ELLI
1289
DELISTED
Ellie Mae Inc
ELLI
| $3.66M | 0.01% |
114,442
-824,366
| -88% | -$23M |
|
|
SIRO
1290
DELISTED
SIRONA DENTAL SYSTEMS INC COM STK
SIRO
| $3.65M | 0.01% |
54,605
-235,404
| -81% | -$15.9M |
|
1291
Seagate
STX
$174B
| $3.65M | 0.01% |
83,376
-292,397
| -78% | -$12.3M |
|
|
BKR
1292
DELISTED
BAKER MICHAEL CORP
BKR
| $3.65M | 0.01% |
+90,161
| New | +$3.33M |
|
1293
Markel Group
MKL
$25.2B
| $3.65M | 0.01% |
+7,043
| New | +$3.7M |
|
|
BTU
1294
PUT
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $3.65M | 0.01% |
14,087
-10,880
| -44% | -$2.78M |
|
1295
Essex Property Trust
ESS
$19.1B
| $3.64M | 0.01% |
+24,661
| New | +$3.82M |
|
1296
CALL
Intel
INTC
$413B
| $3.64M | 0.01% |
158,900
-341,300
| -68% | -$7.86M |
|
|
VMW
1297
PUT
DELISTED
VMware, Inc
VMW
| $3.64M | 0.01% |
45,000
-22,400
| -33% | -$1.81M |
|
|
FWLT
1298
DELISTED
FOSTER WHEELER AG (SWITZERLAND)
FWLT
| $3.63M | 0.01% |
137,977
-7,283
| -5% | -$170K |
|
|
LXK
1299
CALL
DELISTED
Lexmark Intl Inc
LXK
| $3.63M | 0.01% |
110,100
-66,100
| -38% | -$2.34M |
|
1300
KLA
KLAC
$222B
| $3.62M | 0.01% |
595,380
-223,230
| -27% | -$1.31M |
|
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.