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 | |
|---|---|---|---|---|---|---|
2001
iShares US Home Construction ETF
ITB
$2.41B
| $1.54M | ﹤0.01% |
+61,988
| New | +$1.4M |
|
2002
PUT
Biogen
BIIB
$30.4B
| $1.54M | ﹤0.01% |
5,500
-23,000
| -81% | -$5.95M |
|
2003
PUT
Children's Place
PLCE
$55.8M
| $1.54M | ﹤0.01% |
+27,000
| New | +$1.46M |
|
2004
Nucor
NUE
$60.5B
| $1.53M | ﹤0.01% |
28,600
+23,192
| +429% | +$1.2M |
|
2005
Western Union
WU
$2.58B
| $1.52M | ﹤0.01% |
88,350
-100,726
| -53% | -$1.77M |
|
2006
Ecopetrol
EC
$32.5B
| $1.52M | ﹤0.01% |
+39,549
| New | +$1.73M |
|
|
SD
2007
CALL
DELISTED
SANDRIDGE ENERGY, INC.
SD
| $1.52M | ﹤0.01% |
250,000
-179,000
| -42% | -$1.07M |
|
|
RFP
2008
DELISTED
Resolute Forest Products Inc.
RFP
| $1.52M | ﹤0.01% |
94,713
+82,561
| +679% | +$1.22M |
|
2009
HDFC Bank
HDB
$121B
| $1.51M | ﹤0.01% |
176,000
-11,516
| -6% | -$98K |
|
|
STRZA
2010
DELISTED
Starz - Series A
STRZA
| $1.51M | ﹤0.01% |
+51,787
| New | +$1.49M |
|
|
ANW
2011
DELISTED
Aegean Marine Petroleum Network
ANW
| $1.51M | ﹤0.01% |
+134,701
| New | +$1.45M |
|
2012
PUT
Marriott International
MAR
$101B
| $1.51M | ﹤0.01% |
+50,700
| New | +$2.31M |
|
2013
CALL
FMC
FMC
$1.37B
| $1.51M | ﹤0.01% |
+23,060
| New | +$1.46M |
|
|
GDEF
2014
DELISTED
GLOBAL DEFENSE & NATIONAL SECURITY SYSTEMS INC COM
GDEF
| $1.51M | ﹤0.01% |
+150,000
| New | +$1.51M |
|
|
GIVN
2015
DELISTED
GIVEN IMAGING LTD
GIVN
| $1.5M | ﹤0.01% |
50,000
-22,679
| -31% | -$531K |
|
2016
Flex
FLEX
$41.5B
| $1.5M | ﹤0.01% |
256,541
-816,618
| -76% | -$4.96M |
|
|
JRN
2017
DELISTED
JOURNAL COMMUNICATIONS INC CL-A
JRN
| $1.5M | ﹤0.01% |
161,380
+70,459
| +77% | +$617K |
|
2018
PUT
Gentex
GNTX
$5.12B
| $1.5M | ﹤0.01% |
+91,000
| New | +$1.33M |
|
2019
CALL
GameStop
GME
$9.94B
| $1.5M | ﹤0.01% |
121,600
-26,400
| -18% | -$338K |
|
2020
Provident Financial Services
PFS
$3.15B
| $1.5M | ﹤0.01% |
77,493
-7,914
| -9% | -$146K |
|
2021
Black Hills Corp
BKH
$5.69B
| $1.5M | ﹤0.01% |
28,499
-28,130
| -50% | -$1.43M |
|
2022
NorthWestern Energy
NWE
$4.45B
| $1.5M | ﹤0.01% |
34,509
-593,113
| -95% | -$26.5M |
|
|
ALBO
2023
DELISTED
Albireo Pharma Inc
ALBO
| $1.49M | ﹤0.01% |
21,846
+17,041
| +355% | +$1.25M |
|
2024
CALL
ScottsMiracle-Gro
SMG
$4.25B
| $1.49M | ﹤0.01% |
+24,000
| New | +$1.4M |
|
|
CSGS
2025
DELISTED
CSG Systems International
CSGS
| $1.49M | ﹤0.01% |
50,711
-24,130
| -32% | -$667K |
|
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.