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 | |
|---|---|---|---|---|---|---|
|
BKCC
2051
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $1.43M | ﹤0.01% |
152,765
-28,832
| -16% | -$274K |
|
|
WAC
2052
PUT
DELISTED
Walter Investment Mgt Corp
WAC
| $1.42M | ﹤0.01% |
+40,200
| New | +$1.51M |
|
2053
Nordic American Tanker
NAT
$1.35B
| $1.42M | ﹤0.01% |
+149,561
| New | +$1.24M |
|
2054
Sabra Healthcare REIT
SBRA
$5.61B
| $1.41M | ﹤0.01% |
53,788
-475,285
| -90% | -$12.3M |
|
2055
CALL
Biogen
BIIB
$30.4B
| $1.4M | ﹤0.01% |
5,000
+200
| +4% | +$51.7K |
|
|
EVOL
2056
DELISTED
Evolving Systems, Inc.
EVOL
| $1.4M | ﹤0.01% |
143,494
+1,900
| +1% | +$19.2K |
|
2057
BGC Group
BGC
$5.73B
| $1.4M | ﹤0.01% |
358,989
+290,415
| +424% | +$1.06M |
|
|
DRE
2058
DELISTED
Duke Realty Corp.
DRE
| $1.4M | ﹤0.01% |
+92,900
| New | +$1.45M |
|
2059
Beazer Homes USA
BZH
$913M
| $1.4M | ﹤0.01% |
57,137
-3,163
| -5% | -$62.6K |
|
|
ECOM
2060
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $1.4M | ﹤0.01% |
33,452
-37,082
| -53% | -$1.38M |
|
2061
PUT
Gold Fields
GFI
$29.2B
| $1.39M | ﹤0.01% |
+435,400
| New | +$1.78M |
|
|
AXAS
2062
DELISTED
Abraxas Petroleum Corp
AXAS
| $1.39M | ﹤0.01% |
21,358
+8,109
| +61% | +$525K |
|
|
DFT
2063
DELISTED
DuPont Fabros Technology Inc.
DFT
| $1.39M | ﹤0.01% |
+56,322
| New | +$1.37M |
|
|
BKS
2064
CALL
DELISTED
Barnes & Noble
BKS
| $1.39M | ﹤0.01% |
141,918
-96,138
| -40% | -$926K |
|
2065
Compañía de Cervecerías Unidas
CCU
$2.2B
| $1.39M | ﹤0.01% |
57,586
-12,159
| -17% | -$308K |
|
2066
LCI Industries
LCII
$2.62B
| $1.39M | ﹤0.01% |
27,104
-32,308
| -54% | -$1.64M |
|
|
KRA
2067
DELISTED
Kraton Corporation
KRA
| $1.39M | ﹤0.01% |
60,094
-79,007
| -57% | -$1.71M |
|
|
CMCSK
2068
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $1.38M | ﹤0.01% |
27,756
-33,093
| -54% | -$1.65M |
|
|
STR
2069
CALL
DELISTED
QUESTAR CORP
STR
| $1.38M | ﹤0.01% |
60,000
+10,000
| +20% | +$229K |
|
|
RPXC
2070
DELISTED
RPX Corporation
RPXC
| $1.38M | ﹤0.01% |
81,490
+42,890
| +111% | +$730K |
|
2071
Omnicell
OMCL
$1.96B
| $1.37M | ﹤0.01% |
53,823
-53,198
| -50% | -$1.27M |
|
2072
The Ensign Group
ENSG
$10.7B
| $1.37M | ﹤0.01% |
+121,570
| New | +$1.34M |
|
2073
CALL
Bunge Global
BG
$22.8B
| $1.37M | ﹤0.01% |
16,700
+1,400
| +9% | +$113K |
|
|
FCH
2074
DELISTED
Felcor Lodging Trust
FCH
| $1.36M | ﹤0.01% |
166,546
+90,341
| +119% | +$626K |
|
2075
CONMED
CNMD
$1.33B
| $1.35M | ﹤0.01% |
31,860
+4,049
| +15% | +$154K |
|
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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.