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 | |
|---|---|---|---|---|---|---|
1801
ATI
ATI
$24.5B
| $1.63M | 0.01% |
53,383
+31,683
| +146% | +$887K |
|
|
DRTX
1802
DELISTED
DURATA THERAPEUTICS INC COM STK (DE)
DRTX
| $1.63M | 0.01% |
+180,175
| New | +$1.49M |
|
1803
ABM Industries
ABM
$2.88B
| $1.63M | 0.01% |
61,170
-36,052
| -37% | -$923K |
|
1804
TETRA Technologies
TTI
$1.04B
| $1.63M | 0.01% |
129,826
-629,232
| -83% | -$7.18M |
|
|
SHOR
1805
DELISTED
ShoreTel, Inc.
SHOR
| $1.63M | 0.01% |
269,410
+205,890
| +324% | +$980K |
|
|
CLD
1806
DELISTED
Cloud Peak Energy Inc
CLD
| $1.63M | 0.01% |
110,833
+40,626
| +58% | +$652K |
|
|
TIF
1807
CALL
DELISTED
Tiffany & Co.
TIF
| $1.62M | 0.01% |
+21,200
| New | +$1.67M |
|
1808
Bristol-Myers Squibb
BMY
$130B
| $1.62M | 0.01% |
35,000
-285,781
| -89% | -$12.5M |
|
|
GCVRZ
1809
DELISTED
Sanofi Contingent Value Rights
GCVRZ
| $1.62M | 0.01% |
799,900
-114,244
| -12% | -$218K |
|
1810
CALL
Owens Corning
OC
$11.1B
| $1.61M | 0.01% |
42,400
-4,900
| -10% | -$191K |
|
|
WPRT
1811
Westport Fuel Systems
WPRT
$32.1M
| $1.61M | 0.01% |
6,638
+5,745
| +643% | +$1.68M |
|
1812
PUT
Dollar General
DG
$28.3B
| $1.6M | 0.01% |
+28,400
| New | +$1.56M |
|
1813
Digital Turbine
APPS
$1.01B
| $1.6M | 0.01% |
+600,000
| New | +$1.94M |
|
1814
CALL
Compass Minerals
CMP
$1.22B
| $1.6M | 0.01% |
+21,000
| New | +$1.67M |
|
1815
PUT
JPMorgan Chase
JPM
$930B
| $1.6M | 0.01% |
+31,000
| New | +$1.66M |
|
1816
Quantum Corp
QMCO
$443M
| $1.6M | 0.01% |
7,226
-1,597
| -18% | -$391K |
|
|
AMRN
1817
CALL
Amarin Corp
AMRN
$301M
| $1.59M | 0.01% |
+12,615
| New | +$1.51M |
|
|
CNVR
1818
CALL
DELISTED
CONVERSANT INC COM STK (DE)
CNVR
| $1.59M | 0.01% |
+76,200
| New | +$1.73M |
|
1819
Itaú Unibanco
ITUB
$89.8B
| $1.59M | 0.01% |
308,428
+94,186
| +44% | +$442K |
|
1820
Myers Industries
MYE
$1.24B
| $1.58M | 0.01% |
78,791
+48,591
| +161% | +$906K |
|
1821
CALL
Stryker
SYK
$134B
| $1.58M | 0.01% |
+23,400
| New | +$1.62M |
|
|
PGTI
1822
DELISTED
PGT, Inc.
PGTI
| $1.58M | 0.01% |
+159,457
| New | +$1.61M |
|
1823
Huron Consulting
HURN
$2.67B
| $1.58M | 0.01% |
29,978
+14,132
| +89% | +$696K |
|
1824
Pan American Silver
PAAS
$18B
| $1.58M | 0.01% |
+149,434
| New | +$1.82M |
|
1825
PUT
Dominion Energy
D
$62.1B
| $1.57M | 0.01% |
25,200
+5,200
| +26% | +$308K |
|
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.