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 | |
|---|---|---|---|---|---|---|
1451
CALL
Check Point Software Technologies
CHKP
$14.3B
| $2.92M | 0.01% |
51,600
+1,400
| +3% | +$78.7K |
|
|
SPLK
1452
DELISTED
Splunk Inc
SPLK
| $2.92M | 0.01% |
48,588
-1,507
| -3% | -$80.2K |
|
1453
PUT
T. Rowe Price
TROW
$25.5B
| $2.9M | 0.01% |
+40,300
| New | +$2.98M |
|
|
BKS
1454
DELISTED
Barnes & Noble
BKS
| $2.9M | 0.01% |
341,476
+173,413
| +103% | +$1.81M |
|
1455
Standard BioTools
LAB
$342M
| $2.9M | 0.01% |
131,936
+112,036
| +563% | +$2.2M |
|
|
MGAM
1456
DELISTED
MULTIMEDIA GAMES HOLDING COMPANY INC COM STK (TX)
MGAM
| $2.89M | 0.01% |
+83,685
| New | +$2.86M |
|
1457
STAG Industrial
STAG
$7.44B
| $2.88M | 0.01% |
142,951
+56,550
| +65% | +$1.16M |
|
|
ANN
1458
DELISTED
ANN INC
ANN
| $2.87M | 0.01% |
79,230
-21,186
| -21% | -$724K |
|
|
USG
1459
PUT
DELISTED
Usg
USG
| $2.86M | 0.01% |
100,000
| – | – |
|
|
THOR
1460
CALL
DELISTED
THORATEC CORPORATION
THOR
| $2.86M | 0.01% |
76,600
-9,200
| -11% | -$321K |
|
1461
CALL
Deckers Outdoor
DECK
$14.1B
| $2.85M | 0.01% |
+259,800
| New | +$2.52M |
|
|
SAVE
1462
DELISTED
Spirit Airlines, Inc.
SAVE
| $2.85M | 0.01% |
83,137
+27,427
| +49% | +$908K |
|
1463
Greif
GEF
$4.95B
| $2.85M | 0.01% |
+58,057
| New | +$3.12M |
|
1464
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.68B
| $2.84M | 0.01% |
2,500
-6,815
| -73% | -$7.83M |
|
1465
CALL
BioMarin Pharmaceuticals
BMRN
$11.9B
| $2.84M | 0.01% |
+39,400
| New | +$2.62M |
|
1466
iShares 20+ Year Treasury Bond ETF
TLT
$42.4B
| $2.84M | 0.01% |
26,713
+23,251
| +672% | +$2.46M |
|
|
MCRL
1467
DELISTED
MICREL INC
MCRL
| $2.84M | 0.01% |
311,958
+220,119
| +240% | +$2.18M |
|
1468
Verisk Analytics
VRSK
$27.9B
| $2.84M | 0.01% |
43,729
-120,445
| -73% | -$7.6M |
|
|
TROVW
1469
DELISTED
TrovaGene, Inc. Warrant
TROVW
| $2.84M | 0.01% |
540,191
+44,791
| +9% | +$257K |
|
1470
Blackbaud
BLKB
$1.94B
| $2.83M | 0.01% |
+72,584
| New | +$2.59M |
|
|
SAFE
1471
Safehold
SAFE
$1.17B
| $2.83M | 0.01% |
48,331
-29,362
| -38% | -$1.65M |
|
1472
Nuwellis
NUWE
$174K
| – | – |
0
| – | – |
|
1473
PUT
Melco Resorts & Entertainment
MLCO
$2.21B
| $2.83M | 0.01% |
+88,800
| New | +$2.37M |
|
1474
Black Hills Corp
BKH
$5.55B
| $2.82M | 0.01% |
56,629
+36,629
| +183% | +$1.85M |
|
1475
Texas Instruments
TXN
$248B
| $2.82M | 0.01% |
70,100
-1,014,581
| -94% | -$39.4M |
|
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.