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 |
NextEra Energy
NEE
|
+$122M |
| 2 |
Gilead Sciences
GILD
|
+$122M |
| 3 |
DTE Energy
DTE
|
+$121M |
| 4 |
Ameren
AEE
|
+$118M |
| 5 |
AGN
Allergan plc
AGN
|
+$107M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dominion Energy
D
|
+$125M |
| 2 |
HES
Hess
HES
|
+$101M |
| 3 |
BHI
Baker Hughes
BHI
|
+$84M |
| 4 |
ELN
ELAN CORP ADS(RP1 ORD4IRISH PN
ELN
|
+$79.9M |
| 5 |
Cheniere Energy
LNG
|
+$72.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.74% |
| 2 | Energy | 10.93% |
| 3 | Utilities | 8.1% |
| 4 | Financials | 7.35% |
| 5 | Consumer Discretionary | 6.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1376
Tenet Healthcare
THC
$21B
| $3.76M | 0.01% |
89,271
-1,975
| -2% | -$86K |
|
1377
Amphenol
APH
$184B
| $3.76M | 0.01% |
337,136
-803,752
| -70% | -$8.31M |
|
1378
Host Hotels & Resorts
HST
$17.1B
| $3.74M | 0.01% |
192,587
-80,630
| -30% | -$1.49M |
|
1379
PUT
Edwards Lifesciences
EW
$47.8B
| $3.74M | 0.01% |
341,400
+84,000
| +33% | +$947K |
|
1380
Fortinet
FTNT
$112B
| $3.74M | 0.01% |
977,755
+191,990
| +24% | +$748K |
|
|
AMAP
1381
DELISTED
AUTONAVI HLDGS LTD SPON ADR (CYM)
AMAP
| $3.74M | 0.01% |
+262,148
| New | +$4.02M |
|
1382
CALL
Merck
MRK
$323B
| $3.73M | 0.01% |
78,076
-833,160
| -91% | -$38.1M |
|
|
CSG
1383
DELISTED
CHAMBERS STR PPTYS COM
CSG
| $3.73M | 0.01% |
+487,252
| New | +$4.15M |
|
|
AEGR
1384
PUT
DELISTED
Aegerion Pharmaceuticals
AEGR
| $3.73M | 0.01% |
+52,500
| New | +$4.01M |
|
1385
Brown-Forman Class B
BF.B
$12.6B
| $3.72M | 0.01% |
154,016
-174,981
| -53% | -$4.11M |
|
|
BGC
1386
DELISTED
General Cable Corporation
BGC
| $3.71M | 0.01% |
126,049
+65,292
| +107% | +$1.98M |
|
|
AF
1387
DELISTED
Astoria Financial Corporation
AF
| $3.71M | 0.01% |
267,995
+189,323
| +241% | +$2.53M |
|
|
ANH
1388
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $3.7M | 0.01% |
879,771
+808,115
| +1,128% | +$3.63M |
|
|
GTLS
1389
DELISTED
Chart Industries
GTLS
| $3.7M | 0.01% |
+38,685
| New | +$4.07M |
|
|
1390
CALL
Gilead Sciences
GILD
$162B
| $3.69M | 0.01% |
+49,200
| New | +$3.43M |
|
|
PFPT
1391
DELISTED
Proofpoint, Inc.
PFPT
| $3.68M | 0.01% |
111,038
+9,150
| +9% | +$275K |
|
|
MCP
1392
DELISTED
MOLYCORP INC COM STK
MCP
| $3.68M | 0.01% |
655,246
+608,012
| +1,287% | +$3.21M |
|
|
SPWR
1393
DELISTED
SunPower Corporation Common Stock
SPWR
| $3.66M | 0.01% |
187,586
+75,898
| +68% | +$1.52M |
|
|
TTPH
1394
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $3.64M | 0.01% |
+13,465
| New | +$3.21M |
|
|
AYR
1395
DELISTED
Aircastle Ltd
AYR
| $3.62M | 0.01% |
189,072
+13,136
| +7% | +$244K |
|
|
TLM
1396
CALL
DELISTED
TALISMAN ENERGY INC
TLM
| $3.62M | 0.01% |
+310,700
| New | +$3.74M |
|
|
AMAG
1397
DELISTED
AMAG Pharmaceuticals
AMAG
| $3.62M | 0.01% |
148,927
+131,277
| +744% | +$3.09M |
|
|
AHT
1398
Ashford Hospitality Trust
AHT
$20.9M
| $3.62M | 0.01% |
468
+213
| +84% | +$1.68M |
|
|
CEB
1399
DELISTED
CEB Inc.
CEB
| $3.62M | 0.01% |
+46,684
| New | +$3.43M |
|
1400
Cytokinetics
CYTK
$10.9B
| $3.6M | 0.01% |
554,659
-312,401
| -36% | -$2.05M |
|
Similar funds
Millennium Management's Q4 2013 Portfolio in Review
As of Q4 2013, Millennium Management held 4,194 positions worth $31.7B, up 2% from $31.1B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Millennium Management withdrew a net $1.71B in Q4 2013, closing 788 positions and reducing 1,165 holdings. Its most notable exit was ELAN CORP ADS(RP1 ORD4IRISH PN, an estimated $79.9M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, up from 7.9% a quarter earlier, followed by Energy and Utilities.
Against the trend, Millennium Management opened a new position in Crown Holdings worth $64.3M.
- Millennium Management's largest Q4 2013 buy was Crown Holdings: 1,441,595 shares worth $64.3M.
- Millennium Management added most to NextEra Energy in Q4 2013, an estimated $122M increase.
- Millennium Management's biggest Q4 2013 reduction was Dominion Energy, cutting an estimated $125M.
- Millennium Management fully exited ELAN CORP ADS(RP1 ORD4IRISH PN in Q4 2013, selling an estimated $79.9M.
- Millennium Management's ten largest holdings make up 14% of its $31.7B portfolio in Q4 2013.
- Millennium Management opened 937 new positions and closed 788 in Q4 2013.
- Millennium Management's portfolio value rose 2% quarter-over-quarter to $31.7B.
Based on Millennium Management's 13F filing for Q4 2013, filed 14 Feb 2014.