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 | |
|---|---|---|---|---|---|---|
1726
CALL
GameStop
GME
$9.8B
| $1.84M | 0.01% |
148,000
+48,800
| +49% | +$583K |
|
|
SIMG
1727
DELISTED
SILICON IMAGE INC
SIMG
| $1.84M | 0.01% |
343,844
+43,412
| +14% | +$242K |
|
|
RGC
1728
DELISTED
Regal Entertainment Group
RGC
| $1.83M | 0.01% |
+96,612
| New | +$1.81M |
|
1729
PUT
Groupon
GRPN
$1.03B
| $1.83M | 0.01% |
8,155
-7,390
| -48% | -$1.47M |
|
|
POT
1730
DELISTED
Potash Corp Of Saskatchewan
POT
| $1.82M | 0.01% |
58,354
-36,272
| -38% | -$1.2M |
|
|
CIR
1731
DELISTED
CIRCOR International, Inc
CIR
| $1.82M | 0.01% |
+29,326
| New | +$1.68M |
|
1732
CALL
Applied Materials
AMAT
$347B
| $1.82M | 0.01% |
+103,900
| New | +$1.66M |
|
1733
SiriusPoint
SPNT
$3.04B
| $1.82M | 0.01% |
+125,575
| New | +$1.69M |
|
1734
CACI
CACI
$10.8B
| $1.82M | 0.01% |
26,310
+19,325
| +277% | +$1.29M |
|
|
LFC
1735
DELISTED
China Life Insurance Company Ltd.
LFC
| $1.82M | 0.01% |
140,193
-166,266
| -54% | -$2.08M |
|
1736
CALL
Pultegroup
PHM
$25.2B
| $1.81M | 0.01% |
+110,000
| New | +$1.88M |
|
1737
Rollins
ROL
$18.7B
| $1.81M | 0.01% |
230,448
+132,026
| +134% | +$1.01M |
|
1738
Rexford Industrial Realty
REXR
$8.61B
| $1.8M | 0.01% |
+133,580
| New | +$1.83M |
|
|
TOWR
1739
DELISTED
Tower International, Inc.
TOWR
| $1.8M | 0.01% |
90,109
+58,662
| +187% | +$1.25M |
|
|
MRH
1740
DELISTED
MONTPELIER RE HOLDINGS LTD
MRH
| $1.8M | 0.01% |
69,108
+24,060
| +53% | +$625K |
|
1741
Everest Group
EG
$15.6B
| $1.8M | 0.01% |
12,371
-65,067
| -84% | -$8.82M |
|
1742
BWX Technologies
BWXT
$14.4B
| $1.8M | 0.01% |
74,534
-573,907
| -89% | -$13M |
|
1743
First Solar
FSLR
$21.4B
| $1.8M | 0.01% |
44,714
-425,577
| -90% | -$18M |
|
1744
BioCryst Pharmaceuticals
BCRX
$2.43B
| $1.79M | 0.01% |
+245,592
| New | +$1.25M |
|
1745
Akamai
AKAM
$15.6B
| $1.79M | 0.01% |
34,550
-357,035
| -91% | -$16.8M |
|
1746
CALL
Vanda Pharmaceuticals
VNDA
$304M
| $1.78M | 0.01% |
162,800
+102,600
| +170% | +$1.1M |
|
1747
CALL
Darling Ingredients
DAR
$9.32B
| $1.78M | 0.01% |
+84,100
| New | +$1.71M |
|
|
NAV
1748
CALL
DELISTED
Navistar International
NAV
| $1.78M | 0.01% |
48,700
-32,600
| -40% | -$1.11M |
|
|
OUTR
1749
DELISTED
OUTERWALL INC
OUTR
| $1.78M | 0.01% |
35,524
+778
| +2% | +$45.8K |
|
1750
Invesco Mortgage Capital
IVR
$757M
| $1.77M | 0.01% |
11,523
-30,453
| -73% | -$4.82M |
|
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.