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 | |
|---|---|---|---|---|---|---|
|
ARO
1776
CALL
DELISTED
Aeropostale Inc
ARO
| $1.72M | 0.01% |
183,100
+8,400
| +5% | +$99.8K |
|
1777
CGI
GIB
$15.7B
| $1.72M | 0.01% |
49,000
-6,798
| -12% | -$222K |
|
|
CY
1778
DELISTED
Cypress Semiconductor
CY
| $1.72M | 0.01% |
183,970
+161,942
| +735% | +$1.89M |
|
1779
Western Alliance Bancorporation
WAL
$8.89B
| $1.71M | 0.01% |
90,285
-80,969
| -47% | -$1.41M |
|
|
ABV
1780
CALL
DELISTED
COMPANHIA BEBIDA ADS EACH REPSTG 1 PFD SH
ABV
| $1.71M | 0.01% |
+44,500
| New | +$1.63M |
|
1781
Transocean
RIG
$5.49B
| $1.71M | 0.01% |
38,347
-944,578
| -96% | -$44.7M |
|
|
TIF
1782
PUT
DELISTED
Tiffany & Co.
TIF
| $1.7M | 0.01% |
22,200
-88,900
| -80% | -$7M |
|
|
WIBC
1783
DELISTED
WILSHIRE BANCORP INC
WIBC
| $1.7M | 0.01% |
208,102
+106,822
| +105% | +$890K |
|
1784
iShares Silver Trust
SLV
$28.4B
| $1.7M | 0.01% |
81,094
+11,394
| +16% | +$235K |
|
1785
Bank OZK
OZK
$5.65B
| $1.69M | 0.01% |
70,600
+13,900
| +25% | +$327K |
|
|
SNCR
1786
DELISTED
Synchronoss Technologies
SNCR
| $1.69M | 0.01% |
4,919
+1,169
| +31% | +$356K |
|
|
IBKC
1787
DELISTED
IBERIABANK Corp
IBKC
| $1.68M | 0.01% |
32,407
+24,748
| +323% | +$1.38M |
|
1788
PUT
Marathon Petroleum
MPC
$90.4B
| $1.67M | 0.01% |
+51,800
| New | +$1.82M |
|
1789
Vulcan Materials
VMC
$37.2B
| $1.66M | 0.01% |
32,111
-26,821
| -46% | -$1.33M |
|
|
BEAV
1790
DELISTED
B/E Aerospace Inc
BEAV
| $1.66M | 0.01% |
31,121
-753,679
| -96% | -$38.3M |
|
1791
Mitsubishi UFJ Financial
MUFG
$252B
| $1.66M | 0.01% |
259,412
+123,983
| +92% | +$789K |
|
|
HPP
1792
Hudson Pacific Properties
HPP
$790M
| $1.66M | 0.01% |
12,191
+6,754
| +124% | +$983K |
|
|
HSTO
1793
DELISTED
Histogen Inc. Common Stock
HSTO
| $1.66M | 0.01% |
+825
| New | +$1.53M |
|
|
AET
1794
CALL
DELISTED
Aetna Inc
AET
| $1.66M | 0.01% |
25,900
+900
| +4% | +$57.7K |
|
|
ALEX
1795
DELISTED
Alexander & Baldwin
ALEX
| $1.66M | 0.01% |
+45,945
| New | +$1.84M |
|
1796
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $1.65M | 0.01% |
+31,366
| New | +$1.65M |
|
|
KWK
1797
DELISTED
QUICKSILVER RESOURCES INC
KWK
| $1.65M | 0.01% |
+834,863
| New | +$1.42M |
|
1798
Comstock Resources
CRK
$3.68B
| $1.63M | 0.01% |
20,539
+550
| +3% | +$44K |
|
1799
Churchill Downs
CHDN
$6.21B
| $1.63M | 0.01% |
113,028
+54,978
| +95% | +$763K |
|
|
EGL
1800
DELISTED
Engility Holdings, Inc.
EGL
| $1.63M | 0.01% |
+51,382
| New | +$1.67M |
|
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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.