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 | |
|---|---|---|---|---|---|---|
1401
Vipshop
VIPS
$7.26B
| $3.17M | 0.01% |
557,960
-134,480
| -19% | -$579K |
|
|
JNPR
1402
CALL
DELISTED
Juniper Networks
JNPR
| $3.17M | 0.01% |
+159,500
| New | +$3.29M |
|
1403
Brinker International
EAT
$8.82B
| $3.17M | 0.01% |
78,095
-40,668
| -34% | -$1.66M |
|
|
XCO
1404
DELISTED
Exco Resources
XCO
| $3.16M | 0.01% |
31,570
+23,993
| +317% | +$2.76M |
|
1405
VanEck Gold Miners ETF
GDX
$22.5B
| $3.15M | 0.01% |
125,717
-12,831
| -9% | -$341K |
|
1406
Diageo
DEO
$49.6B
| $3.14M | 0.01% |
24,684
+6,715
| +37% | +$840K |
|
|
BRSL
1407
Brightstar Lottery PLC
BRSL
$1.9B
| $3.14M | 0.01% |
165,717
-306,991
| -65% | -$5.85M |
|
1408
AMN Healthcare
AMN
$1.35B
| $3.13M | 0.01% |
227,555
+154,623
| +212% | +$2.27M |
|
1409
XPO
XPO
$23.4B
| $3.12M | 0.01% |
+416,870
| New | +$3.22M |
|
1410
Jones Lang LaSalle
JLL
$15.8B
| $3.12M | 0.01% |
35,747
-28,693
| -45% | -$2.56M |
|
|
GAS
1411
DELISTED
AGL Resources Inc
GAS
| $3.12M | 0.01% |
+67,754
| New | +$3.05M |
|
|
BIN
1412
DELISTED
PROGRESSIVE WASTE SOLUTIONS LTD COM
BIN
| $3.12M | 0.01% |
121,198
+62,273
| +106% | +$1.5M |
|
|
CMA
1413
DELISTED
Comerica
CMA
| $3.11M | 0.01% |
79,146
-22,432
| -22% | -$932K |
|
|
UNT
1414
DELISTED
UNIT Corporation
UNT
| $3.11M | 0.01% |
66,851
+54,846
| +457% | +$2.52M |
|
1415
CALL
Gen Digital
GEN
$16.5B
| $3.1M | 0.01% |
125,400
-124,600
| -50% | -$3.13M |
|
|
MZOR
1416
DELISTED
Mazor Robotics Ltd.
MZOR
| $3.1M | 0.01% |
+183,683
| New | +$2.68M |
|
|
IM
1417
DELISTED
Ingram Micro
IM
| $3.1M | 0.01% |
+134,301
| New | +$2.96M |
|
|
CRZO
1418
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $3.09M | 0.01% |
82,804
-877,568
| -91% | -$29.2M |
|
1419
Teleflex
TFX
$5.96B
| $3.09M | 0.01% |
37,513
-41,858
| -53% | -$3.29M |
|
1420
Exelixis
EXEL
$13.9B
| $3.08M | 0.01% |
529,862
-44,289
| -8% | -$229K |
|
|
DS
1421
DELISTED
Drive Shack Inc.
DS
| $3.08M | 0.01% |
606,132
-612,285
| -50% | -$3.1M |
|
1422
Scotiabank
BNS
$105B
| $3.08M | 0.01% |
57,829
+3,428
| +6% | +$179K |
|
1423
CALL
Under Armour
UAA
$3.01B
| $3.08M | 0.01% |
155,899
-145,425
| -48% | -$2.55M |
|
|
TSL
1424
DELISTED
Trina Solar Limited
TSL
| $3.08M | 0.01% |
198,926
+54,478
| +38% | +$483K |
|
|
AOL
1425
CALL
DELISTED
AOL INC COMMON STOCK
AOL
| $3.07M | 0.01% |
135,900
-12,000
| -8% | -$427K |
|
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.