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 | |
|---|---|---|---|---|---|---|
2051
SS&C Technologies
SSNC
$18.8B
| $1.09M | ﹤0.01% |
57,172
+16,322
| +40% | +$296K |
|
2052
Turkcell
TKC
$4.78B
| $1.09M | ﹤0.01% |
73,760
-8,363
| -10% | -$121K |
|
2053
Banner Corp
BANR
$2.4B
| $1.09M | ﹤0.01% |
28,497
-22,316
| -44% | -$807K |
|
2054
Zurn Elkay Water Solutions
ZWS
$8.23B
| $1.09M | ﹤0.01% |
108,421
-96,592
| -47% | -$890K |
|
2055
Beazer Homes USA
BZH
$913M
| $1.08M | ﹤0.01% |
60,300
+49,150
| +441% | +$864K |
|
|
SONN
2056
DELISTED
Sonnet BioTherapeutics
SONN
| – | – |
0
| – | – |
|
|
HITT
2057
DELISTED
HITTITE MICROWAVE CORP
HITT
| $1.08M | ﹤0.01% |
16,577
-10,284
| -38% | -$638K |
|
|
SNV
2058
DELISTED
Synovus
SNV
| $1.08M | ﹤0.01% |
46,765
+36,132
| +340% | +$823K |
|
2059
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.69B
| $1.07M | ﹤0.01% |
+35,000
| New | +$1.05M |
|
|
CMLS
2060
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $1.07M | ﹤0.01% |
25,300
+22,130
| +698% | +$808K |
|
|
KATE
2061
CALL
DELISTED
Kate Spade & Company
KATE
| $1.07M | ﹤0.01% |
+42,600
| New | +$1.04M |
|
2062
Capitol Federal Financial
CFFN
$1.09B
| $1.07M | ﹤0.01% |
86,114
+43,040
| +100% | +$539K |
|
|
DNR
2063
PUT
DELISTED
Denbury Resources, Inc.
DNR
| $1.07M | ﹤0.01% |
+58,000
| New | +$1.02M |
|
|
AIRM
2064
DELISTED
Air Methods Corp
AIRM
| $1.07M | ﹤0.01% |
25,100
-227,934
| -90% | -$8.76M |
|
|
CALY
2065
Callaway Golf Company
CALY
$3.28B
| $1.07M | ﹤0.01% |
149,860
+131,546
| +718% | +$928K |
|
|
MRCC
2066
DELISTED
Monroe Capital Corp
MRCC
| $1.06M | ﹤0.01% |
+81,876
| New | +$1.13M |
|
2067
Meritage Homes
MTH
$4.89B
| $1.06M | ﹤0.01% |
49,374
-70,648
| -59% | -$1.52M |
|
|
KZ
2068
DELISTED
KongZhong Corporation
KZ
| $1.06M | ﹤0.01% |
+80,953
| New | +$802K |
|
|
AAT
2069
American Assets Trust
AAT
$1.48B
| $1.06M | ﹤0.01% |
34,710
-59,316
| -63% | -$1.87M |
|
|
CIM
2070
Chimera Investment
CIM
$1.06B
| $1.06M | ﹤0.01% |
23,217
-5,669
| -20% | -$252K |
|
|
HPY
2071
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $1.06M | ﹤0.01% |
26,671
-29,864
| -53% | -$1.15M |
|
|
LOCK
2072
DELISTED
LifeLock, Inc.
LOCK
| $1.06M | ﹤0.01% |
71,300
+28,800
| +68% | +$360K |
|
2073
PUT
HCA Healthcare
HCA
$92.8B
| $1.06M | ﹤0.01% |
24,700
-53,600
| -68% | -$2.09M |
|
|
TGNA
2074
CALL
DELISTED
TEGNA Inc
TGNA
| $1.05M | ﹤0.01% |
75,124
+574
| +0.8% | +$7.68K |
|
2075
Sabesp
SBS
$19.4B
| $1.05M | ﹤0.01% |
544,096
-751,460
| -58% | -$1.41M |
|
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.