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 | |
|---|---|---|---|---|---|---|
|
UBNK
2126
DELISTED
United Financial Bancorp, Inc.
UBNK
| $1.26M | ﹤0.01% |
88,844
+65,941
| +288% | +$908K |
|
2127
PUT
FedEx
FDX
$73.4B
| $1.25M | ﹤0.01% |
8,700
+3,900
| +81% | +$516K |
|
|
FIO
2128
PUT
DELISTED
FUSION-IO INC COM
FIO
| $1.25M | ﹤0.01% |
140,200
| – | – |
|
|
VMW
2129
PUT
DELISTED
VMware, Inc
VMW
| $1.25M | ﹤0.01% |
13,900
-31,100
| -69% | -$2.57M |
|
2130
Equity Residential
EQR
$25.6B
| $1.24M | ﹤0.01% |
+23,989
| New | +$1.26M |
|
|
CALD
2131
DELISTED
Callidus Software, Inc.
CALD
| $1.24M | ﹤0.01% |
90,584
+36,789
| +68% | +$403K |
|
|
NTP
2132
DELISTED
Nam Tai Property Inc.
NTP
| $1.24M | ﹤0.01% |
174,206
+117,342
| +206% | +$888K |
|
2133
Kelly Services Class A
KELYA
$560M
| $1.24M | ﹤0.01% |
49,794
+38,018
| +323% | +$828K |
|
|
IBTX
2134
DELISTED
Independent Bank Group, Inc.
IBTX
| $1.24M | ﹤0.01% |
25,000
| – | – |
|
2135
BOK Financial
BOKF
$8.68B
| $1.24M | ﹤0.01% |
18,640
+14,866
| +394% | +$940K |
|
2136
CALL
Myriad Genetics
MYGN
$485M
| $1.23M | ﹤0.01% |
58,800
-68,000
| -54% | -$1.72M |
|
2137
Gold Fields
GFI
$28.6B
| $1.23M | ﹤0.01% |
384,857
+322,257
| +515% | +$1.32M |
|
2138
Kamada
KMDA
$408M
| $1.22M | ﹤0.01% |
82,307
-67,910
| -45% | -$1.02M |
|
|
ANR
2139
CALL
DELISTED
Alpha Natural Resources Inc
ANR
| $1.22M | ﹤0.01% |
170,400
-205,000
| -55% | -$1.38M |
|
|
NUAN
2140
DELISTED
Nuance Communications, Inc.
NUAN
| $1.21M | ﹤0.01% |
92,285
-323,130
| -78% | -$4.44M |
|
2141
CALL
Royal Gold
RGLD
$16.4B
| $1.21M | ﹤0.01% |
+26,300
| New | +$1.24M |
|
2142
Akamai
AKAM
$15.8B
| $1.21M | ﹤0.01% |
25,583
-8,967
| -26% | -$423K |
|
|
2143
PUT
Royal Gold
RGLD
$16.4B
| $1.21M | ﹤0.01% |
+26,200
| New | +$1.24M |
|
2144
Telefônica Brasil
VIV
$20.4B
| $1.21M | ﹤0.01% |
+62,700
| New | +$1.27M |
|
2145
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$292M
| $1.2M | ﹤0.01% |
15,204
-76,904
| -83% | -$5.88M |
|
|
CELGZ
2146
DELISTED
Celgene Corporation Contingent Value Rights
CELGZ
| $1.2M | ﹤0.01% |
440,146
-354,932
| -45% | -$996K |
|
2147
Philips
PHG
$25.2B
| $1.2M | ﹤0.01% |
46,860
-69,409
| -60% | -$1.67M |
|
2148
Griffon
GFF
$4.13B
| $1.2M | ﹤0.01% |
+90,864
| New | +$1.16M |
|
|
WCG
2149
DELISTED
Wellcare Health Plans, Inc.
WCG
| $1.2M | ﹤0.01% |
17,025
-101,884
| -86% | -$7.11M |
|
2150
Expro Ltd
XPRO
$1.72B
| $1.19M | ﹤0.01% |
7,369
-118,079
| -94% | -$20M |
|
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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.