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 | |
|---|---|---|---|---|---|---|
1476
Cathay General Bancorp
CATY
$4.18B
| $3.23M | 0.01% |
+120,646
| New | +$3.06M |
|
1477
CALL
Southern Copper
SCCO
$141B
| $3.22M | 0.01% |
+121,139
| New | +$3.04M |
|
1478
CALL
Teva Pharmaceuticals
TEVA
$36.2B
| $3.22M | 0.01% |
+80,400
| New | +$3.17M |
|
1479
PUT
Fluor
FLR
$7.22B
| $3.21M | 0.01% |
40,000
-61,200
| -60% | -$4.67M |
|
1480
Live Nation Entertainment
LYV
$41.7B
| $3.21M | 0.01% |
162,468
+24,893
| +18% | +$466K |
|
|
FDML
1481
DELISTED
Federal-Mogul Holdings Corporation
FDML
| $3.21M | 0.01% |
162,898
+107,917
| +196% | +$2.06M |
|
|
NPBC
1482
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $3.2M | 0.01% |
282,693
-142,721
| -34% | -$1.52M |
|
|
HEES
1483
DELISTED
H&E Equipment Services
HEES
| $3.19M | 0.01% |
+107,534
| New | +$2.95M |
|
1484
Autoliv
ALV
$8.76B
| $3.19M | 0.01% |
+48,154
| New | +$3.14M |
|
1485
Bank of Montreal
BMO
$125B
| $3.18M | 0.01% |
47,770
+41,462
| +657% | +$2.82M |
|
|
FWLT
1486
DELISTED
FOSTER WHEELER AG (SWITZERLAND)
FWLT
| $3.17M | 0.01% |
96,216
-41,761
| -30% | -$1.22M |
|
1487
State Street Health Care Select Sector SPDR ETF
XLV
$42.2B
| $3.17M | 0.01% |
57,244
+38,115
| +199% | +$2.04M |
|
1488
UnitedHealth
UNH
$379B
| $3.17M | 0.01% |
42,094
-270,185
| -87% | -$19.4M |
|
|
KMR
1489
DELISTED
KINDER MORGAN MANAGEMENT LLC
KMR
| $3.17M | 0.01% |
44,816
-29,421
| -40% | -$2.05M |
|
|
RP
1490
DELISTED
RealPage, Inc.
RP
| $3.17M | 0.01% |
+135,378
| New | +$3.22M |
|
1491
PUT
Tesla
TSLA
$1.22T
| $3.16M | 0.01% |
+315,000
| New | +$3.22M |
|
|
FMBI
1492
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $3.15M | 0.01% |
179,668
+158,168
| +736% | +$2.67M |
|
|
MON
1493
CALL
DELISTED
Monsanto Co
MON
| $3.15M | 0.01% |
27,000
-23,000
| -46% | -$2.51M |
|
1494
Omnicom Group
OMC
$23.5B
| $3.14M | 0.01% |
42,280
-87,411
| -67% | -$6.01M |
|
1495
Sally Beauty Holdings
SBH
$1.43B
| $3.14M | 0.01% |
103,986
-591,652
| -85% | -$16.2M |
|
|
RC
1496
Ready Capital
RC
$265M
| $3.14M | 0.01% |
196,020
+27,185
| +16% | +$466K |
|
1497
Saia
SAIA
$11.2B
| $3.13M | 0.01% |
97,805
+72,947
| +293% | +$2.38M |
|
1498
AMN Healthcare
AMN
$1.3B
| $3.13M | 0.01% |
213,154
-14,401
| -6% | -$195K |
|
1499
Allegion
ALLE
$13.4B
| $3.13M | 0.01% |
+70,731
| New | +$3.06M |
|
1500
HSBC
HSBC
$357B
| $3.12M | 0.01% |
65,725
+43,899
| +201% | +$2.08M |
|
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.