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 | |
|---|---|---|---|---|---|---|
1976
First Commonwealth Financial
FCF
$2.17B
| $1.59M | 0.01% |
+179,872
| New | +$1.55M |
|
|
ARGO
1977
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $1.59M | 0.01% |
+47,482
| New | +$1.51M |
|
|
MNK
1978
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $1.59M | 0.01% |
30,341
+23,642
| +353% | +$1.13M |
|
1979
CALL
Advance Auto Parts
AAP
$3.54B
| $1.58M | 0.01% |
+14,300
| New | +$1.42M |
|
1980
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.6B
| $1.58M | 0.01% |
36,775
-62,892
| -63% | -$2.65M |
|
|
SJI
1981
DELISTED
South Jersey Industries, Inc.
SJI
| $1.58M | 0.01% |
+56,386
| New | +$1.61M |
|
|
FST
1982
DELISTED
FOREST OIL CORPORATION
FST
| $1.58M | 0.01% |
+436,500
| New | +$1.98M |
|
|
OME
1983
DELISTED
Omega Protein
OME
| $1.57M | 0.01% |
128,161
+113,261
| +760% | +$1.33M |
|
1984
Tyler Technologies
TYL
$13.7B
| $1.57M | 0.01% |
+15,407
| New | +$1.5M |
|
|
MBFI
1985
DELISTED
MB Financial Corp
MBFI
| $1.57M | 0.01% |
49,099
+16,073
| +49% | +$489K |
|
1986
iShares 3-7 Year Treasury Bond ETF
IEI
$18.1B
| $1.57M | 0.01% |
13,103
+7,095
| +118% | +$860K |
|
1987
Owens Corning
OC
$11.5B
| $1.57M | 0.01% |
38,596
-603,910
| -94% | -$22.9M |
|
1988
PUT
Deere & Co
DE
$173B
| $1.57M | 0.01% |
17,200
-52,000
| -75% | -$4.4M |
|
1989
Blackbaud
BLKB
$1.65B
| $1.57M | 0.01% |
41,704
-30,880
| -43% | -$1.15M |
|
|
DBD
1990
DELISTED
Diebold Nixdorf Incorporated
DBD
| $1.57M | ﹤0.01% |
47,446
-65,728
| -58% | -$2.05M |
|
1991
Vail Resorts
MTN
$5.6B
| $1.56M | ﹤0.01% |
20,809
+10,833
| +109% | +$783K |
|
|
CIT
1992
CALL
DELISTED
CIT Group Inc.
CIT
| $1.56M | ﹤0.01% |
+30,000
| New | +$1.49M |
|
|
RDEN
1993
DELISTED
ELIZABETH ARDEN INC
RDEN
| $1.56M | ﹤0.01% |
44,037
-20,613
| -32% | -$768K |
|
1994
United Airlines
UAL
$40.2B
| $1.56M | ﹤0.01% |
41,200
-174,854
| -81% | -$6.12M |
|
|
LKM
1995
DELISTED
Link Motion Inc.
LKM
| $1.56M | ﹤0.01% |
105,950
+82,306
| +348% | +$1.22M |
|
|
NAV
1996
CALL
DELISTED
Navistar International
NAV
| $1.55M | ﹤0.01% |
40,700
-8,000
| -16% | -$306K |
|
1997
Harmony Gold Mining
HMY
$9.7B
| $1.55M | ﹤0.01% |
611,273
+531,027
| +662% | +$1.59M |
|
|
DCOM
1998
DELISTED
Dime Community Bancshares
DCOM
| $1.54M | ﹤0.01% |
+91,124
| New | +$1.51M |
|
1999
DHI Group
DHX
$178M
| $1.54M | ﹤0.01% |
212,593
+104,320
| +96% | +$800K |
|
2000
First Bancorp
FBP
$4.47B
| $1.54M | ﹤0.01% |
248,927
+48,945
| +24% | +$280K |
|
Similar funds
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.