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 | |
|---|---|---|---|---|---|---|
|
JOY
1751
PUT
DELISTED
Joy Global Inc
JOY
| $2.23M | 0.01% |
38,100
+24,300
| +176% | +$1.34M |
|
|
TXNM
1752
TXNM Energy Inc
TXNM
$6.43B
| $2.22M | 0.01% |
92,196
-1,900,665
| -95% | -$44.5M |
|
|
BITA
1753
DELISTED
Bitauto Holdings Limited
BITA
| $2.22M | 0.01% |
69,447
-17,917
| -21% | -$480K |
|
1754
Gray Television
GTN
$433M
| $2.21M | 0.01% |
148,433
+87,198
| +142% | +$922K |
|
1755
Packaging Corp of America
PKG
$22.6B
| $2.2M | 0.01% |
34,830
-158,494
| -82% | -$9.63M |
|
|
BDN
1756
Brandywine Realty Trust
BDN
$526M
| $2.2M | 0.01% |
+156,304
| New | +$2.12M |
|
1757
CALL
Micron Technology
MU
$925B
| $2.2M | 0.01% |
101,000
-153,200
| -60% | -$2.98M |
|
1758
Builders FirstSource
BLDR
$7.86B
| $2.2M | 0.01% |
307,949
+270,620
| +725% | +$1.84M |
|
1759
Comtech Telecommunications
CMTL
$51.8M
| $2.19M | 0.01% |
69,653
+26,729
| +62% | +$801K |
|
1760
Huazhu Hotels Group
HTHT
$13.2B
| $2.19M | 0.01% |
287,932
+166,472
| +137% | +$1.01M |
|
1761
Coca-Cola Femsa
KOF
$22.6B
| $2.19M | 0.01% |
17,992
-1,779
| -9% | -$214K |
|
1762
CALL
Silicon Laboratories
SLAB
$7.17B
| $2.19M | 0.01% |
50,600
+28,300
| +127% | +$1.16M |
|
|
ECOL
1763
DELISTED
US Ecology, Inc.
ECOL
| $2.19M | 0.01% |
59,016
+39,553
| +203% | +$1.37M |
|
1764
First Majestic Silver
AG
$7.75B
| $2.18M | 0.01% |
222,899
+199,099
| +837% | +$2.07M |
|
1765
CALL
Valero Energy
VLO
$89.4B
| $2.18M | 0.01% |
43,300
-82,500
| -66% | -$3.48M |
|
|
ARC
1766
DELISTED
ARC Document Solutions, Inc.
ARC
| $2.18M | 0.01% |
265,033
+210,952
| +390% | +$1.51M |
|
1767
BancFirst
BANF
$3.93B
| $2.18M | 0.01% |
+77,720
| New | +$2.15M |
|
1768
Nordson
NDSN
$16.8B
| $2.17M | 0.01% |
+29,245
| New | +$2.13M |
|
1769
Vitamin Cottage Natural Grocers
NGVC
$756M
| $2.17M | 0.01% |
51,196
+35,673
| +230% | +$1.37M |
|
|
AET
1770
DELISTED
Aetna Inc
AET
| $2.16M | 0.01% |
31,540
-63,158
| -67% | -$4.12M |
|
|
CVC
1771
CALL
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $2.16M | 0.01% |
+120,600
| New | +$1.95M |
|
|
WCC
1772
PUT
WESCO International
WCC
$16B
| $2.16M | 0.01% |
+23,700
| New | +$1.98M |
|
|
CCMP
1773
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $2.15M | 0.01% |
47,030
+8,928
| +23% | +$378K |
|
|
ESL
1774
DELISTED
Esterline Technologies
ESL
| $2.15M | 0.01% |
21,071
-90,206
| -81% | -$7.71M |
|
|
EXXI
1775
DELISTED
ENERGY XXI LTD COM SHS
EXXI
| $2.14M | 0.01% |
79,243
+70,643
| +821% | +$2.03M |
|
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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 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.