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 | |
|---|---|---|---|---|---|---|
|
AGN
1951
PUT
DELISTED
Allergan plc
AGN
| $1.63M | 0.01% |
9,700
+5,500
| +131% | +$860K |
|
1952
Vulcan Materials
VMC
$37.4B
| $1.62M | 0.01% |
27,314
-4,797
| -15% | -$265K |
|
|
PGTI
1953
DELISTED
PGT, Inc.
PGTI
| $1.62M | 0.01% |
160,152
+695
| +0.4% | +$6.87K |
|
|
JKS
1954
JinkoSolar
JKS
$782M
| $1.62M | 0.01% |
55,280
-64,921
| -54% | -$1.74M |
|
|
ACH
1955
Accendra Health
ACH
$249M
| $1.62M | 0.01% |
44,324
-11,897
| -21% | -$437K |
|
1956
Barrett Business Services
BBSI
$1.01B
| $1.62M | 0.01% |
69,848
-5,868
| -8% | -$120K |
|
|
AAT
1957
American Assets Trust
AAT
$1.48B
| $1.61M | 0.01% |
51,387
+16,677
| +48% | +$534K |
|
1958
Titan International
TWI
$530M
| $1.61M | 0.01% |
89,812
+5,992
| +7% | +$95.9K |
|
1959
STAG Industrial
STAG
$7.79B
| $1.61M | 0.01% |
78,805
-64,146
| -45% | -$1.34M |
|
|
VRTU
1960
DELISTED
Virtusa Corporation
VRTU
| $1.61M | 0.01% |
+42,164
| New | +$1.4M |
|
|
DGI
1961
DELISTED
DigitalGlobe Inc.
DGI
| $1.6M | 0.01% |
38,986
-403,228
| -91% | -$14.5M |
|
1962
PUT
Best Buy
BBY
$18.9B
| $1.6M | 0.01% |
40,200
+9,000
| +29% | +$369K |
|
1963
Steel Dynamics
STLD
$37.5B
| $1.6M | 0.01% |
82,024
-289,084
| -78% | -$5.3M |
|
|
AIRM
1964
DELISTED
Air Methods Corp
AIRM
| $1.6M | 0.01% |
27,505
+2,405
| +10% | +$120K |
|
1965
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.9B
| $1.6M | 0.01% |
+47,806
| New | +$1.52M |
|
|
AFOP
1966
DELISTED
Alliance Fiber Optic Prod Inc
AFOP
| $1.6M | 0.01% |
+106,088
| New | +$1.77M |
|
|
NTT
1967
DELISTED
Nippon Telegraph & Telephone
NTT
| $1.6M | 0.01% |
59,019
+49,986
| +553% | +$1.31M |
|
1968
Globe Life
GL
$13.9B
| $1.59M | 0.01% |
30,612
-36,810
| -55% | -$1.84M |
|
1969
LivePerson
LPSN
$22.9M
| $1.59M | 0.01% |
7,175
+3,417
| +91% | +$567K |
|
|
LL
1970
DELISTED
LL Flooring Holdings, Inc.
LL
| $1.59M | 0.01% |
+15,500
| New | +$1.65M |
|
|
CUK
1971
DELISTED
Carnival PLC
CUK
| $1.59M | 0.01% |
+38,459
| New | +$1.38M |
|
1972
Ionis Pharmaceuticals
IONS
$9.14B
| $1.59M | 0.01% |
40,000
-220,133
| -85% | -$7.84M |
|
|
ENT
1973
DELISTED
Global Eagle Entertainment Inc.
ENT
| $1.59M | 0.01% |
4,284
+84
| +2% | +$25.7K |
|
|
BONA
1974
DELISTED
BONA FILM GROUP LTD SPONSORED ADS
BONA
| $1.59M | 0.01% |
277,230
+264,930
| +2,154% | +$1.55M |
|
1975
Caesarstone
CSTE
$71.6M
| $1.59M | 0.01% |
32,001
+24,314
| +316% | +$1.1M |
|
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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.