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 | |
|---|---|---|---|---|---|---|
1401
PUT
Micron Technology
MU
$1.02T
| $3.6M | 0.01% |
165,700
-374,100
| -69% | -$7.27M |
|
|
VGR
1402
DELISTED
Vector Group Ltd.
VGR
| $3.6M | 0.01% |
415,694
+323,621
| +351% | +$2.79M |
|
|
FST
1403
CALL
DELISTED
FOREST OIL CORPORATION
FST
| $3.6M | 0.01% |
+997,100
| New | +$4.52M |
|
1404
PUT
Waste Management
WM
$95.5B
| $3.59M | 0.01% |
80,000
-300
| -0.4% | -$13.1K |
|
1405
Daktronics
DAKT
$956M
| $3.58M | 0.01% |
+228,460
| New | +$3.04M |
|
1406
PUT
News Corp Class B
NWS
$16.8B
| $3.57M | 0.01% |
+200,000
| New | +$3.49M |
|
|
ABB
1407
DELISTED
ABB Ltd
ABB
| $3.56M | 0.01% |
+134,220
| New | +$3.34M |
|
|
AVG
1408
DELISTED
AVG Technologies N.V.
AVG
| $3.56M | 0.01% |
206,935
-10,601
| -5% | -$206K |
|
1409
CALL
Waters Corp
WAT
$36.4B
| $3.56M | 0.01% |
+35,600
| New | +$3.59M |
|
|
SPLS
1410
CALL
DELISTED
Staples Inc
SPLS
| $3.54M | 0.01% |
222,800
-48,700
| -18% | -$759K |
|
|
TFCFA
1411
CALL
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $3.54M | 0.01% |
+100,600
| New | +$3.39M |
|
|
CAMP
1412
DELISTED
CalAmp Corp.
CAMP
| $3.54M | 0.01% |
5,496
-4,305
| -44% | -$2.4M |
|
|
ENZ
1413
DELISTED
Enzo Biochem, Inc.
ENZ
| $3.54M | 0.01% |
1,210,750
-314,250
| -21% | -$779K |
|
1414
Zebra Technologies
ZBRA
$12.6B
| $3.53M | 0.01% |
65,355
-31,441
| -32% | -$1.58M |
|
|
ATHN
1415
CALL
DELISTED
Athenahealth, Inc.
ATHN
| $3.52M | 0.01% |
26,200
+1,200
| +5% | +$154K |
|
|
EVRI
1416
DELISTED
Everi Holdings
EVRI
| $3.52M | 0.01% |
352,246
+226,574
| +180% | +$1.99M |
|
1417
PUT
FirstEnergy
FE
$28.5B
| $3.52M | 0.01% |
+106,700
| New | +$3.76M |
|
|
TFCFA
1418
PUT
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $3.52M | 0.01% |
+100,000
| New | +$3.37M |
|
1419
Plains GP Holdings
PAGP
$5.16B
| $3.51M | 0.01% |
+49,297
| New | +$3.09M |
|
|
1420
CALL
Cheniere Energy
LNG
$53.6B
| $3.51M | 0.01% |
81,400
-157,300
| -66% | -$6.26M |
|
1421
CALL
Under Armour
UAA
$3.02B
| $3.5M | 0.01% |
161,539
+5,640
| +4% | +$115K |
|
1422
Geron
GERN
$949M
| $3.5M | 0.01% |
781,150
+683,566
| +700% | +$2.93M |
|
1423
CALL
Adobe
ADBE
$94.5B
| $3.47M | 0.01% |
58,000
+33,500
| +137% | +$1.85M |
|
1424
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.05B
| $3.46M | 0.01% |
28,466
+12,384
| +77% | +$1.5M |
|
|
PPS
1425
DELISTED
Post Properties
PPS
| $3.45M | 0.01% |
76,311
-304,117
| -80% | -$13.6M |
|
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.