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 | |
|---|---|---|---|---|---|---|
2201
Visa
V
$701B
| $860K | ﹤0.01% |
18,000
-981,404
| -98% | -$45.3M |
|
2202
Avista
AVA
$3.48B
| $858K | ﹤0.01% |
32,517
-63,569
| -66% | -$1.74M |
|
2203
Deutsche Bank
DB
$67.7B
| $858K | ﹤0.01% |
21,949
-88,167
| -80% | -$3.4M |
|
2204
TG Therapeutics
TGTX
$8.42B
| $856K | ﹤0.01% |
+169,749
| New | +$1.04M |
|
|
RAVN
2205
DELISTED
Raven Industries Inc
RAVN
| $856K | ﹤0.01% |
+26,182
| New | +$821K |
|
2206
CALL
Neurocrine Biosciences
NBIX
$18.3B
| $854K | ﹤0.01% |
75,400
-14,900
| -17% | -$205K |
|
2207
Deluxe
DLX
$1.26B
| $853K | ﹤0.01% |
20,476
-197,701
| -91% | -$7.94M |
|
2208
Grupo Aeroportuario del Pacifico
PAC
$13B
| $853K | ﹤0.01% |
16,685
+10,918
| +189% | +$569K |
|
2209
Casey's General Stores
CASY
$31.7B
| $852K | ﹤0.01% |
11,603
-9,862
| -46% | -$670K |
|
|
CNVR
2210
DELISTED
CONVERSANT INC COM STK (DE)
CNVR
| $852K | ﹤0.01% |
40,863
-235,445
| -85% | -$5.34M |
|
|
TUES
2211
DELISTED
Tuesday Morning Corp
TUES
| $850K | ﹤0.01% |
55,660
+38,629
| +227% | +$477K |
|
|
CIE
2212
CALL
DELISTED
Cobalt International Energy, Inc
CIE
| $850K | ﹤0.01% |
2,280
-5,060
| -69% | -$2.05M |
|
2213
Comfort Systems
FIX
$57.4B
| $848K | ﹤0.01% |
50,462
-2,785
| -5% | -$44.6K |
|
|
NOR
2214
DELISTED
NORANDA ALUM HLDG CORP COM NEW
NOR
| $848K | ﹤0.01% |
49,246
+47,403
| +2,572% | +$997K |
|
2215
Chord Energy
CHRD
$7.27B
| $847K | ﹤0.01% |
17,231
-501,413
| -97% | -$21.1M |
|
2216
Albemarle
ALB
$13.4B
| $845K | ﹤0.01% |
+13,423
| New | +$846K |
|
|
GRMN
2217
CALL
Garmin
GRMN
$48.5B
| $845K | ﹤0.01% |
18,700
-219,200
| -92% | -$8.71M |
|
|
CCXI
2218
PUT
DELISTED
ChemoCentryx, Inc.
CCXI
| $845K | ﹤0.01% |
+151,900
| New | +$1.64M |
|
|
PATH
2219
DELISTED
NUPATHE INC COM STK
PATH
| $844K | ﹤0.01% |
350,000
-74,516
| -18% | -$199K |
|
2220
PUT
Merck
MRK
$325B
| $843K | ﹤0.01% |
18,550
-209,285
| -92% | -$9.56M |
|
|
GCAP
2221
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $843K | ﹤0.01% |
66,970
+52,770
| +372% | +$417K |
|
2222
CALL
HCA Healthcare
HCA
$92.1B
| $842K | ﹤0.01% |
+19,700
| New | +$770K |
|
2223
ICF International
ICFI
$1.51B
| $842K | ﹤0.01% |
+23,782
| New | +$801K |
|
2224
Blackrock
BLK
$171B
| $839K | ﹤0.01% |
+3,100
| New | +$842K |
|
|
NIHD
2225
PUT
DELISTED
NII HOLDINGS INC CL B
NIHD
| $838K | ﹤0.01% |
+138,100
| New | +$932K |
|
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.