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 | |
|---|---|---|---|---|---|---|
|
INSY
1826
DELISTED
Insys Therapeutics, Inc.
INSY
| $1.57M | 0.01% |
+134,829
| New | +$1.11M |
|
1827
Boston Properties
BXP
$11.7B
| $1.57M | 0.01% |
14,700
-82,990
| -85% | -$8.78M |
|
1828
British American Tobacco
BTI
$136B
| $1.57M | 0.01% |
29,780
-73,410
| -71% | -$3.88M |
|
|
AMBI
1829
DELISTED
Ambit Biosciences Corp
AMBI
| $1.56M | 0.01% |
+100,810
| New | +$1.34M |
|
1830
Campbell Soup
CPB
$6.84B
| $1.56M | 0.01% |
+38,364
| New | +$1.72M |
|
1831
Employers Holdings
EIG
$909M
| $1.56M | 0.01% |
52,515
-18,313
| -26% | -$500K |
|
|
CNQR
1832
DELISTED
CONCUR TECHNOLOGIES INC
CNQR
| $1.56M | 0.01% |
14,140
-45,752
| -76% | -$4.45M |
|
|
ACET
1833
DELISTED
Aceto Corp
ACET
| $1.54M | 0.01% |
98,699
+21,957
| +29% | +$336K |
|
|
DF
1834
DELISTED
Dean Foods Company
DF
| $1.54M | 0.01% |
79,705
-159,391
| -67% | -$3.22M |
|
1835
TTM Technologies
TTMI
$10.4B
| $1.54M | ﹤0.01% |
157,812
+64,976
| +70% | +$618K |
|
1836
CEMIG Preferred Shares
CIG
$6.12B
| $1.53M | ﹤0.01% |
+455,006
| New | +$1.54M |
|
|
SQNM
1837
DELISTED
SEQUENOM INC NEW
SQNM
| $1.53M | ﹤0.01% |
574,180
+11,887
| +2% | +$39.9K |
|
1838
Maximus
MMS
$3.33B
| $1.53M | ﹤0.01% |
33,997
-142,773
| -81% | -$5.52M |
|
|
PAY
1839
CALL
DELISTED
Verifone Systems Inc
PAY
| $1.53M | ﹤0.01% |
66,900
-53,300
| -44% | -$1.06M |
|
|
NTLS
1840
DELISTED
NTELOS HLDGS CORP COM
NTLS
| $1.53M | ﹤0.01% |
81,298
+11,719
| +17% | +$202K |
|
|
HIMX
1841
PUT
Himax Technologies
HIMX
$2B
| $1.52M | ﹤0.01% |
+151,700
| New | +$1.08M |
|
1842
Old National Bancorp
ONB
$10.2B
| $1.52M | ﹤0.01% |
106,826
+1,608
| +2% | +$22.7K |
|
|
NAV
1843
DELISTED
Navistar International
NAV
| $1.52M | ﹤0.01% |
41,594
-6,767
| -14% | -$230K |
|
1844
Emerson Electric
EMR
$81.5B
| $1.52M | ﹤0.01% |
23,433
-177,850
| -88% | -$10.9M |
|
|
IFT
1845
DELISTED
IMPERIAL HLDGS INC COM STK (FL)
IFT
| $1.52M | ﹤0.01% |
239,573
+6,681
| +3% | +$45.8K |
|
|
DOC
1846
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $1.51M | ﹤0.01% |
+125,000
| New | +$1.46M |
|
1847
Energy Transfer Partners
ET
$69.8B
| $1.51M | ﹤0.01% |
+92,000
| New | +$1.46M |
|
|
QCOR
1848
CALL
DELISTED
QUESTCOR PHARMA INC
QCOR
| $1.51M | ﹤0.01% |
+26,000
| New | +$1.55M |
|
1849
Sony
SONY
$137B
| $1.51M | ﹤0.01% |
350,105
-763,490
| -69% | -$3.23M |
|
|
SSNI
1850
DELISTED
Silver Spring Networks, Inc.
SSNI
| $1.51M | ﹤0.01% |
+86,951
| New | +$1.97M |
|
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.