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 | |
|---|---|---|---|---|---|---|
1326
Southern Company
SO
$108B
| $3.45M | 0.01% |
83,730
-115,617
| -58% | -$4.98M |
|
1327
Workday
WDAY
$41.5B
| $3.45M | 0.01% |
+42,597
| New | +$3.1M |
|
|
AAWW
1328
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $3.44M | 0.01% |
74,631
+30,948
| +71% | +$1.4M |
|
|
HME
1329
DELISTED
HOME PROPERTIES, INC
HME
| $3.43M | 0.01% |
+59,387
| New | +$3.64M |
|
1330
PUT
MGM Resorts International
MGM
$11.7B
| $3.43M | 0.01% |
167,700
| – | – |
|
|
WX
1331
DELISTED
WUXI PHARMATECH, CAYMAN INC REPSTG 8 ORD SHS
WX
| $3.42M | 0.01% |
125,000
-22,036
| -15% | -$522K |
|
1332
PUT
BlackBerry
BB
$4.58B
| $3.42M | 0.01% |
+430,900
| New | +$4.18M |
|
1333
Green Dot
GDOT
$750M
| $3.42M | 0.01% |
130,054
+99,866
| +331% | +$2.31M |
|
|
RPRX
1334
DELISTED
Repros Therapeutics Inc.
RPRX
| $3.42M | 0.01% |
127,639
-162,815
| -56% | -$3.49M |
|
1335
Haemonetics
HAE
$3.88B
| $3.42M | 0.01% |
85,717
-94,687
| -52% | -$3.97M |
|
1336
CALL
Innoviva
INVA
$1.6B
| $3.42M | 0.01% |
+103,748
| New | +$3.23M |
|
1337
CALL
Vulcan Materials
VMC
$36.8B
| $3.41M | 0.01% |
65,800
-6,900
| -9% | -$341K |
|
1338
PUT
NetApp
NTAP
$34B
| $3.4M | 0.01% |
+79,900
| New | +$3.32M |
|
1339
Worthington Enterprises
WOR
$2.74B
| $3.4M | 0.01% |
160,323
+126,052
| +368% | +$2.7M |
|
1340
IQVIA
IQV
$40.7B
| $3.4M | 0.01% |
75,788
-102,201
| -57% | -$4.51M |
|
1341
Tronox
TROX
$967M
| $3.4M | 0.01% |
138,847
+89,698
| +183% | +$1.99M |
|
1342
Hope Bancorp
HOPE
$1.8B
| $3.39M | 0.01% |
246,622
-138,281
| -36% | -$1.99M |
|
1343
iShares MSCI Taiwan ETF
EWT
$9.13B
| $3.39M | 0.01% |
+121,692
| New | +$3.33M |
|
1344
Coeur Mining
CDE
$15.1B
| $3.38M | 0.01% |
+280,891
| New | +$3.84M |
|
1345
Republic Services
RSG
$67.4B
| $3.38M | 0.01% |
101,471
-292,961
| -74% | -$9.96M |
|
|
LITS
1346
Lite Strategy Inc
LITS
$32.4M
| $3.38M | 0.01% |
15,033
-1,745
| -10% | -$273K |
|
1347
CALL
Groupon
GRPN
$1.03B
| $3.38M | 0.01% |
15,065
+2,290
| +18% | +$456K |
|
1348
Petrobras
PBR
$120B
| $3.38M | 0.01% |
218,041
+19,673
| +10% | +$280K |
|
|
CLVS
1349
PUT
DELISTED
Clovis Oncology, Inc.
CLVS
| $3.37M | 0.01% |
+55,400
| New | +$3.93M |
|
|
DRWI
1350
DELISTED
DragonWave Inc
DRWI
| $3.37M | 0.01% |
+68,000
| New | +$4.8M |
|
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.