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 | Miscellaneous | 24.69% |
| 2 | Healthcare | 12.31% |
| 3 | Energy | 11.61% |
| 4 | Utilities | 8.18% |
| 5 | Financials | 7.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1726
CALL
United Natural Foods
UNFI
$2.79B
| $2.29M | 0.01% |
+30,400
| New | +$2.15M |
|
1727
Novavax
NVAX
$1.65B
| $2.29M | 0.01% |
22,313
-8,696
| -28% | -$614K |
|
1728
Halozyme
HALO
$12.4B
| $2.28M | 0.01% |
152,360
+128,254
| +532% | +$1.65M |
|
1729
CALL
Designer Brands
DBI
$311M
| $2.28M | 0.01% |
53,400
-47,400
| -47% | -$2.06M |
|
1730
CALL
FirstEnergy
FE
$26.5B
| $2.28M | 0.01% |
69,200
+700
| +1% | +$24.7K |
|
1731
PUT
Illumina
ILMN
$37B
| $2.28M | 0.01% |
+21,177
| New | +$1.94M |
|
|
LINE
1732
PUT
DELISTED
LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS
LINE
| $2.28M | 0.01% |
+74,000
| New | +$2.15M |
|
|
1733
PUT
Dominion Energy
D
$56.5B
| $2.28M | 0.01% |
35,200
+10,000
| +40% | +$644K |
|
1734
PUT
Exelixis
EXEL
$14.5B
| $2.28M | 0.01% |
+371,500
| New | +$2.05M |
|
|
1735
PUT
United Natural Foods
UNFI
$2.79B
| $2.28M | 0.01% |
+30,200
| New | +$2.13M |
|
1736
Newell Brands
NWL
$2.39B
| $2.27M | 0.01% |
70,057
-279,976
| -80% | -$8.33M |
|
|
DCH
1737
Dauch Corp
DCH
$1.45B
| $2.26M | 0.01% |
110,612
-124,980
| -53% | -$2.39M |
|
1738
WisdomTree Japan Hedged Equity Fund
DXJ
$7.16B
| $2.26M | 0.01% |
44,499
-30,747
| -41% | -$1.49M |
|
1739
Movado Group
MOV
$745M
| $2.26M | 0.01% |
51,385
+39,801
| +344% | +$1.78M |
|
1740
UFP Industries
UFPI
$4.37B
| $2.26M | 0.01% |
129,978
+109,533
| +536% | +$1.8M |
|
|
AVB
1741
DELISTED
AvalonBay Communities
AVB
| $2.25M | 0.01% |
19,072
+9,680
| +103% | +$1.19M |
|
1742
Edwards Lifesciences
EW
$50.9B
| $2.25M | 0.01% |
205,560
-2,972,184
| -94% | -$33.5M |
|
|
AMRN
1743
Amarin Corp
AMRN
$293M
| $2.25M | 0.01% |
57,162
+36,852
| +181% | +$1.91M |
|
1744
Baxter International
BAX
$11.9B
| $2.25M | 0.01% |
59,566
-342,737
| -85% | -$12.4M |
|
|
GNC
1745
PUT
DELISTED
GNC Holdings, Inc.
GNC
| $2.24M | 0.01% |
38,400
+21,800
| +131% | +$1.26M |
|
1746
Cabot Corp
CBT
$4B
| $2.24M | 0.01% |
43,623
-98,256
| -69% | -$4.65M |
|
|
RSO
1747
DELISTED
Resource Capital Corp.
RSO
| $2.24M | 0.01% |
94,482
+57,876
| +158% | +$1.38M |
|
1748
PUT
eBay
EBAY
$50.2B
| $2.24M | 0.01% |
+96,941
| New | +$2.15M |
|
1749
U-Haul Holding Co
UHAL
$12.5B
| $2.23M | 0.01% |
93,880
-181,470
| -66% | -$3.9M |
|
|
GEVA
1750
CALL
DELISTED
SYNAGEVA BIOPHARMA CORP COM STK (DE)
GEVA
| $2.23M | 0.01% |
34,500
+3,300
| +11% | +$196K |
|
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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 deployed $1.28B of net new capital in Q4 2013, opening 937 new positions and adding to 1,261 existing holdings. Its largest new stake was Crown Holdings: 1,441,595 shares worth $64.3M.
By sector, the portfolio is most concentrated in Miscellaneous at 25% of assets, down from 34% a quarter earlier, followed by Healthcare and Energy.
On the sell side, the largest reduction was Dominion Energy, an estimated $125M trimmed.
- 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.