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 | |
|---|---|---|---|---|---|---|
2001
CALL
Bunge Global
BG
$22.8B
| $1.16M | ﹤0.01% |
+15,300
| New | +$1.16M |
|
|
HSP
2002
PUT
DELISTED
HOSPIRA INC
HSP
| $1.16M | ﹤0.01% |
+29,600
| New | +$1.18M |
|
2003
Sun Communities
SUI
$15.3B
| $1.16M | ﹤0.01% |
27,217
+19,239
| +241% | +$908K |
|
|
CPL
2004
DELISTED
CPFL Energia S.A.
CPL
| $1.16M | ﹤0.01% |
+71,078
| New | +$1.19M |
|
2005
CALL
Biogen
BIIB
$30.4B
| $1.16M | ﹤0.01% |
+4,800
| New | +$1.07M |
|
2006
International Bancshares
IBOC
$4.83B
| $1.15M | ﹤0.01% |
+53,375
| New | +$1.25M |
|
|
KATE
2007
PUT
DELISTED
Kate Spade & Company
KATE
| $1.15M | ﹤0.01% |
+45,900
| New | +$1.12M |
|
|
SIAL
2008
CALL
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $1.15M | ﹤0.01% |
+13,500
| New | +$1.14M |
|
2009
EyePoint Inc
EYPT
$1B
| $1.15M | ﹤0.01% |
+28,000
| New | +$1.03M |
|
2010
Lennar Class B
LEN.B
$20.7B
| $1.15M | ﹤0.01% |
+42,922
| New | +$1.09M |
|
2011
Littelfuse
LFUS
$9.91B
| $1.15M | ﹤0.01% |
14,642
+1,582
| +12% | +$125K |
|
2012
Chunghwa Telecom
CHT
$33.5B
| $1.14M | ﹤0.01% |
36,239
+29,039
| +403% | +$927K |
|
|
GWPH
2013
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $1.14M | ﹤0.01% |
+65,885
| New | +$757K |
|
2014
Ternium
TX
$9.68B
| $1.14M | ﹤0.01% |
+47,496
| New | +$1.12M |
|
|
GNK
2015
PUT
DELISTED
GENCO SHIPPING & TRADING LTD
GNK
| $1.14M | ﹤0.01% |
290,000
-290,000
| -50% | -$782K |
|
2016
General Dynamics
GD
$106B
| $1.14M | ﹤0.01% |
13,004
-141,749
| -92% | -$12M |
|
|
BCOV
2017
DELISTED
Brightcove, Inc.
BCOV
| $1.14M | ﹤0.01% |
101,168
+17,166
| +20% | +$173K |
|
|
AVX
2018
DELISTED
AVX Corporation
AVX
| $1.14M | ﹤0.01% |
86,645
-91,116
| -51% | -$1.18M |
|
2019
First Bancorp
FBP
$4.47B
| $1.14M | ﹤0.01% |
+199,982
| New | +$1.41M |
|
2020
Asia Pacific Wire & Cable
APWC
$61.4M
| $1.13M | ﹤0.01% |
304,161
| – | – |
|
2021
Citi Trends
CTRN
$559M
| $1.13M | ﹤0.01% |
64,689
+51,851
| +404% | +$819K |
|
|
WILN
2022
DELISTED
Wi-LAN Inc.
WILN
| $1.13M | ﹤0.01% |
+292,422
| New | +$1.08M |
|
|
XXIA
2023
DELISTED
Ixia
XXIA
| $1.13M | ﹤0.01% |
+71,799
| New | +$1.11M |
|
|
STR
2024
CALL
DELISTED
QUESTAR CORP
STR
| $1.13M | ﹤0.01% |
50,000
-227,500
| -82% | -$5.25M |
|
2025
Trustmark
TRMK
$2.74B
| $1.12M | ﹤0.01% |
43,832
-106,749
| -71% | -$2.79M |
|
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.