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 | |
|---|---|---|---|---|---|---|
1626
CALL
Labcorp
LH
$24.7B
| $2.61M | 0.01% |
+33,290
| New | +$2.84M |
|
1627
LiveRamp
RAMP
$2.3B
| $2.61M | 0.01% |
70,564
+58,380
| +479% | +$1.95M |
|
1628
CALL
Freeport-McMoran
FCX
$90.2B
| $2.6M | 0.01% |
69,000
-253,000
| -79% | -$8.97M |
|
|
MZOR
1629
DELISTED
Mazor Robotics Ltd.
MZOR
| $2.6M | 0.01% |
133,303
-50,380
| -27% | -$925K |
|
|
MITL
1630
DELISTED
Mitel Networks Corporation
MITL
| $2.59M | 0.01% |
+256,990
| New | +$1.94M |
|
1631
Sumitomo Mitsui Financial
SMFG
$167B
| $2.59M | 0.01% |
247,079
+15,526
| +7% | +$154K |
|
1632
Cintas
CTAS
$84.4B
| $2.59M | 0.01% |
173,688
-80,304
| -32% | -$1.09M |
|
1633
Deluxe
DLX
$1.22B
| $2.59M | 0.01% |
49,591
+29,115
| +142% | +$1.39M |
|
1634
CALL
Tapestry
TPR
$29.8B
| $2.59M | 0.01% |
46,100
-65,500
| -59% | -$3.54M |
|
|
ARMH
1635
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $2.59M | 0.01% |
47,283
-54,092
| -53% | -$2.63M |
|
1636
Stewart Information Services
STC
$2.02B
| $2.59M | 0.01% |
80,135
+20,565
| +35% | +$637K |
|
|
ARO
1637
CALL
DELISTED
Aeropostale Inc
ARO
| $2.58M | 0.01% |
284,100
+101,000
| +55% | +$925K |
|
1638
Emergent Biosolutions
EBS
$378M
| $2.58M | 0.01% |
112,183
-25,509
| -19% | -$532K |
|
1639
Hanmi Financial
HAFC
$942M
| $2.57M | 0.01% |
117,231
+12,194
| +12% | +$232K |
|
1640
Pegasystems
PEGA
$4.7B
| $2.56M | 0.01% |
208,484
+80,376
| +63% | +$881K |
|
|
QPAC
1641
DELISTED
QUINPARIO ACQUISITION CORP COM STK
QPAC
| $2.56M | 0.01% |
+253,500
| New | +$2.54M |
|
1642
Exelixis
EXEL
$14B
| $2.56M | 0.01% |
417,296
-112,566
| -21% | -$620K |
|
1643
State Street SPDR S&P Retail ETF
XRT
$448M
| $2.56M | 0.01% |
+58,000
| New | +$2.47M |
|
|
CCC
1644
DELISTED
Calgon Carbon Corp
CCC
| $2.56M | 0.01% |
+124,204
| New | +$2.48M |
|
|
ERF
1645
DELISTED
Enerplus Corporation
ERF
| $2.55M | 0.01% |
141,435
+122,493
| +647% | +$2.14M |
|
|
KSU
1646
DELISTED
Kansas City Southern
KSU
| $2.54M | 0.01% |
20,516
-161,750
| -89% | -$19.4M |
|
1647
Ambev
ABEV
$47.4B
| $2.53M | 0.01% |
+344,511
| New | +$2.52M |
|
1648
Molson Coors Class B
TAP
$7.71B
| $2.53M | 0.01% |
45,000
-161,353
| -78% | -$8.63M |
|
|
SNI
1649
CALL
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $2.52M | 0.01% |
+29,200
| New | +$2.29M |
|
|
EGOV
1650
DELISTED
NIC Inc
EGOV
| $2.52M | 0.01% |
101,390
-19,623
| -16% | -$462K |
|
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.