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 | |
|---|---|---|---|---|---|---|
2076
CALL
Vornado Realty Trust
VNO
$7.54B
| $1.05M | ﹤0.01% |
+17,086
| New | +$1.06M |
|
2077
MidCap Financial Investment
MFIC
$811M
| $1.05M | ﹤0.01% |
42,860
-127,902
| -75% | -$3.11M |
|
2078
iShares Select Dividend ETF
DVY
$24.1B
| $1.04M | ﹤0.01% |
+15,758
| New | +$1.05M |
|
2079
Comtech Telecommunications
CMTL
$51.5M
| $1.04M | ﹤0.01% |
42,924
+1,251
| +3% | +$32.6K |
|
2080
Steven Madden
SHOO
$3.22B
| $1.04M | ﹤0.01% |
43,508
-181,422
| -81% | -$4.26M |
|
|
SZYM
2081
DELISTED
SOLAZYME INC COM STK (DE)
SZYM
| $1.04M | ﹤0.01% |
96,087
+82,687
| +617% | +$942K |
|
2082
Brady Corp
BRC
$4.6B
| $1.03M | ﹤0.01% |
33,938
-61,366
| -64% | -$2.02M |
|
2083
PUT
Canadian National Railway
CNI
$78.3B
| $1.03M | ﹤0.01% |
+20,400
| New | +$1.01M |
|
2084
Walker & Dunlop
WD
$1.75B
| $1.03M | ﹤0.01% |
64,997
+22,724
| +54% | +$375K |
|
|
RBS.PRL.CL
2085
DELISTED
Royal Bank Of Scotland Group Plc
RBS.PRL.CL
| $1.03M | ﹤0.01% |
+52,058
| New | +$1.01M |
|
|
NP
2086
DELISTED
Neenah, Inc. Common Stock
NP
| $1.03M | ﹤0.01% |
26,107
+3,475
| +15% | +$131K |
|
|
BKW
2087
DELISTED
BURGER KING WORLDWIDE
BKW
| $1.03M | ﹤0.01% |
52,583
-38,675
| -42% | -$762K |
|
|
OMG
2088
DELISTED
OM GROUP INC.
OMG
| $1.02M | ﹤0.01% |
30,304
-161,690
| -84% | -$5.03M |
|
|
WIFI
2089
DELISTED
Boingo Wireless, Inc.
WIFI
| $1.02M | ﹤0.01% |
146,000
+51,306
| +54% | +$356K |
|
2090
HSBC
HSBC
$356B
| $1.02M | ﹤0.01% |
+21,826
| New | +$1.04M |
|
|
ASTX
2091
CALL
DELISTED
ASTEX PHARMACEUTICALS, INC COM
ASTX
| $1.02M | ﹤0.01% |
+120,000
| New | +$759K |
|
|
PGI
2092
DELISTED
PREMIERE GLOBAL SERVICES, INC.
PGI
| $1.01M | ﹤0.01% |
+101,871
| New | +$1.09M |
|
2093
InterContinental Hotels
IHG
$23.9B
| $1.01M | ﹤0.01% |
24,262
-31,694
| -57% | -$1.34M |
|
2094
Interactive Brokers
IBKR
$40.5B
| $1.01M | ﹤0.01% |
214,904
-409,364
| -66% | -$1.76M |
|
2095
PUT
Lockheed Martin
LMT
$134B
| $1.01M | ﹤0.01% |
+7,900
| New | +$959K |
|
|
SUNS
2096
DELISTED
SLR Senior Investment Corp. Common Stock
SUNS
| $1M | ﹤0.01% |
55,532
-95,935
| -63% | -$1.76M |
|
|
ZLTQ
2097
DELISTED
ZELTIQ Aesthetics, Inc.
ZLTQ
| $1M | ﹤0.01% |
+111,078
| New | +$824K |
|
2098
Cenovus Energy
CVE
$51.6B
| $1M | ﹤0.01% |
33,531
+21,394
| +176% | +$632K |
|
2099
CALL
Regeneron Pharmaceuticals
REGN
$72.9B
| $1M | ﹤0.01% |
+3,200
| New | +$842K |
|
2100
CALL
Walt Disney
DIS
$172B
| $1M | ﹤0.01% |
15,500
+2,400
| +18% | +$154K |
|
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.