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 | |
|---|---|---|---|---|---|---|
1476
CALL
Best Buy
BBY
$19B
| $2.82M | 0.01% |
+75,100
| New | +$2.49M |
|
|
SNDK
1477
PUT
DELISTED
SANDISK CORP
SNDK
| $2.81M | 0.01% |
+47,300
| New | +$2.78M |
|
|
EGOV
1478
DELISTED
NIC Inc
EGOV
| $2.8M | 0.01% |
121,013
+86,402
| +250% | +$1.8M |
|
1479
Guidewire Software
GWRE
$13.9B
| $2.79M | 0.01% |
59,301
+23,409
| +65% | +$1.05M |
|
|
BMS
1480
DELISTED
Bemis
BMS
| $2.79M | 0.01% |
+71,493
| New | +$2.9M |
|
1481
Yelp
YELP
$1.54B
| $2.78M | 0.01% |
+42,028
| New | +$2.15M |
|
|
ITG
1482
DELISTED
Investment Technology Group Inc
ITG
| $2.78M | 0.01% |
176,825
-192,561
| -52% | -$3.05M |
|
|
X
1483
PUT
DELISTED
US Steel
X
| $2.78M | 0.01% |
134,900
-40,100
| -23% | -$755K |
|
|
MW
1484
DELISTED
THE MENS WAREHOUSE INC
MW
| $2.77M | 0.01% |
+81,401
| New | +$3.09M |
|
|
FLY
1485
DELISTED
Fly Leasing Limited
FLY
| $2.77M | 0.01% |
199,315
+169,833
| +576% | +$2.39M |
|
|
AVTA
1486
DELISTED
Avantax, Inc. Common Stock
AVTA
| $2.76M | 0.01% |
119,986
+36,875
| +44% | +$768K |
|
|
SGI
1487
PUT
Somnigroup International
SGI
$14.4B
| $2.76M | 0.01% |
+250,800
| New | +$2.6M |
|
1488
CALL
Deere & Co
DE
$165B
| $2.75M | 0.01% |
+33,800
| New | +$2.81M |
|
|
PWRD
1489
DELISTED
PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL)
PWRD
| $2.73M | 0.01% |
137,171
+53,387
| +64% | +$1.08M |
|
|
MIXT
1490
DELISTED
MIX TELEMATICS LIMITED
MIXT
| $2.73M | 0.01% |
+184,394
| New | +$2.84M |
|
|
KRA
1491
DELISTED
Kraton Corporation
KRA
| $2.73M | 0.01% |
+139,101
| New | +$2.78M |
|
1492
Sanmina
SANM
$8.78B
| $2.72M | 0.01% |
+155,266
| New | +$2.54M |
|
1493
Fidelity National Financial
FNF
$14.4B
| $2.71M | 0.01% |
+178,784
| New | +$2.52M |
|
|
ATHN
1494
CALL
DELISTED
Athenahealth, Inc.
ATHN
| $2.71M | 0.01% |
+25,000
| New | +$2.7M |
|
|
JKS
1495
JinkoSolar
JKS
$764M
| $2.71M | 0.01% |
120,201
+28,230
| +31% | +$419K |
|
|
HZNP
1496
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $2.71M | 0.01% |
808,980
+270,285
| +50% | +$713K |
|
1497
LCI Industries
LCII
$2.59B
| $2.71M | 0.01% |
59,412
+46,627
| +365% | +$1.97M |
|
1498
Thomson Reuters
TRI
$46.4B
| $2.7M | 0.01% |
66,488
-135,633
| -67% | -$5.39M |
|
1499
Canadian Solar
CSIQ
$932M
| $2.69M | 0.01% |
158,224
+96,319
| +156% | +$1.29M |
|
|
JASO
1500
DELISTED
JA Solar Holdings, Co., Ltd
JASO
| $2.69M | 0.01% |
+264,217
| New | +$2.24M |
|
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.