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 | |
|---|---|---|---|---|---|---|
|
CLVS
1351
DELISTED
Clovis Oncology, Inc.
CLVS
| $3.35M | 0.01% |
55,070
-330,309
| -86% | -$23.4M |
|
|
SNBR
1352
DELISTED
Sleep Number
SNBR
| $3.35M | 0.01% |
+137,455
| New | +$3.3M |
|
1353
Ziff Davis
ZD
$2B
| $3.35M | 0.01% |
+77,708
| New | +$3.25M |
|
1354
CALL
Fortress Biotech
FBIO
$111M
| $3.34M | 0.01% |
31,800
+26,180
| +466% | +$3.21M |
|
|
MWW
1355
DELISTED
Monster Worldwide Inc
MWW
| $3.34M | 0.01% |
755,303
+455,596
| +152% | +$2.23M |
|
|
DBD
1356
DELISTED
Diebold Nixdorf Incorporated
DBD
| $3.32M | 0.01% |
113,174
+92,365
| +444% | +$2.9M |
|
|
FDO
1357
PUT
DELISTED
FAMILY DOLLAR STORES
FDO
| $3.32M | 0.01% |
46,100
-13,400
| -23% | -$941K |
|
1358
PUT
AstraZeneca
AZN
$269B
| $3.32M | 0.01% |
+63,900
| New | +$3.21M |
|
|
TQNT
1359
DELISTED
TRIQUINT SEMICONDUCTOR INC
TQNT
| $3.32M | 0.01% |
408,584
+337,906
| +478% | +$2.58M |
|
1360
PUT
Waste Management
WM
$95B
| $3.31M | 0.01% |
80,300
+300
| +0.4% | +$12.5K |
|
|
LPT
1361
DELISTED
Liberty Property Trust
LPT
| $3.31M | 0.01% |
92,962
-262,069
| -74% | -$9.61M |
|
1362
CALL
Fastenal
FAST
$54.8B
| $3.3M | 0.01% |
262,800
-10,800
| -4% | -$128K |
|
|
ARRY
1363
DELISTED
Array Biopharma Inc
ARRY
| $3.3M | 0.01% |
530,675
+309,829
| +140% | +$1.84M |
|
|
AIV
1364
Aimco
AIV
$377M
| $3.3M | 0.01% |
886,366
-112,167
| -11% | -$435K |
|
1365
Cracker Barrel
CBRL
$1.26B
| $3.29M | 0.01% |
31,928
-1,928
| -6% | -$193K |
|
|
PSB
1366
DELISTED
PS Business Parks, Inc.
PSB
| $3.28M | 0.01% |
43,968
-4,475
| -9% | -$330K |
|
1367
Annaly Capital Management
NLY
$17.3B
| $3.28M | 0.01% |
+70,775
| New | +$3.33M |
|
1368
Future Fuel
FF
$205M
| $3.28M | 0.01% |
182,422
-63,478
| -26% | -$1.04M |
|
|
PFPT
1369
DELISTED
Proofpoint, Inc.
PFPT
| $3.27M | 0.01% |
101,888
+91,186
| +852% | +$2.57M |
|
|
IMPV
1370
DELISTED
Imperva, Inc.
IMPV
| $3.27M | 0.01% |
+77,896
| New | +$3.71M |
|
|
MTOR
1371
DELISTED
MERITOR, Inc.
MTOR
| $3.26M | 0.01% |
414,488
+16,962
| +4% | +$131K |
|
1372
Ligand Pharmaceuticals
LGND
$5.77B
| $3.26M | 0.01% |
120,598
+108,904
| +931% | +$3.06M |
|
1373
Olin
OLN
$2.53B
| $3.25M | 0.01% |
141,093
-55,972
| -28% | -$1.32M |
|
1374
Consolidated Edison
ED
$41.4B
| $3.25M | 0.01% |
+58,970
| New | +$3.4M |
|
1375
Globe Life
GL
$14B
| $3.25M | 0.01% |
67,422
+27,490
| +69% | +$1.29M |
|
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.