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 | |
|---|---|---|---|---|---|---|
2226
Fulton Financial
FULT
$4.72B
| $834K | ﹤0.01% |
71,432
+46,967
| +192% | +$573K |
|
2227
AB InBev
BUD
$161B
| $833K | ﹤0.01% |
8,400
-96,958
| -92% | -$9.23M |
|
2228
Federal Realty Investment Trust
FRT
$11B
| $831K | ﹤0.01% |
8,192
-7,489
| -48% | -$767K |
|
|
MTSC
2229
DELISTED
MTS Systems Corp
MTSC
| $829K | ﹤0.01% |
12,876
+8,604
| +201% | +$530K |
|
2230
PUT
Royal Bank of Canada
RY
$294B
| $828K | ﹤0.01% |
+12,900
| New | +$801K |
|
|
BGFV
2231
DELISTED
Big 5 Sporting Goods
BGFV
| $827K | ﹤0.01% |
51,336
-18,747
| -27% | -$367K |
|
|
CASC
2232
DELISTED
Cascadian Therapeutics, Inc.
CASC
| $824K | ﹤0.01% |
66,667
-285,032
| -81% | -$3M |
|
2233
Minerals Technologies
MTX
$2.35B
| $823K | ﹤0.01% |
16,672
-62,212
| -79% | -$2.87M |
|
2234
Nektar Therapeutics
NKTR
$2.37B
| $823K | ﹤0.01% |
5,251
-16,719
| -76% | -$3.09M |
|
|
NTUS
2235
DELISTED
Natus Medical Inc
NTUS
| $823K | ﹤0.01% |
58,039
+16,323
| +39% | +$218K |
|
2236
Regis Corp
RGS
$67.5M
| $821K | ﹤0.01% |
2,797
-6,194
| -69% | -$2.05M |
|
|
ARO
2237
PUT
DELISTED
Aeropostale Inc
ARO
| $821K | ﹤0.01% |
87,300
-17,600
| -17% | -$209K |
|
|
HSP
2238
CALL
DELISTED
HOSPIRA INC
HSP
| $820K | ﹤0.01% |
20,900
-39,300
| -65% | -$1.57M |
|
|
RBS.PRP
2239
DELISTED
Royal Bank of Scotland Group Plc (The) ADR representing Pref
RBS.PRP
| $817K | ﹤0.01% |
+39,742
| New | +$800K |
|
|
ESI
2240
DELISTED
ITT EDUCATIONAL SERVICES INC
ESI
| $815K | ﹤0.01% |
+26,286
| New | +$741K |
|
2241
PUT
O-I Glass
OI
$1.43B
| $814K | ﹤0.01% |
27,100
+20,900
| +337% | +$620K |
|
2242
PUT
American Tower
AMT
$80.6B
| $808K | ﹤0.01% |
+10,900
| New | +$787K |
|
|
XOMA
2243
DELISTED
Xoma
XOMA
| $808K | ﹤0.01% |
8,998
-2,965
| -25% | -$270K |
|
2244
eGain
EGAN
$191M
| $807K | ﹤0.01% |
53,477
+43,109
| +416% | +$515K |
|
2245
CALL
Southern Company
SO
$110B
| $807K | ﹤0.01% |
19,600
-356,900
| -95% | -$15.4M |
|
2246
Ethan Allen Interiors
ETD
$605M
| $805K | ﹤0.01% |
28,890
-32,322
| -53% | -$921K |
|
2247
Integra LifeSciences
IART
$1.56B
| $805K | ﹤0.01% |
+48,929
| New | +$785K |
|
|
NCI
2248
DELISTED
Navigant Consulting, Inc.
NCI
| $805K | ﹤0.01% |
+52,043
| New | +$729K |
|
|
ARO
2249
DELISTED
Aeropostale Inc
ARO
| $803K | ﹤0.01% |
+85,379
| New | +$1.01M |
|
|
NS
2250
DELISTED
NuStar Energy L.P.
NS
| $802K | ﹤0.01% |
+20,000
| New | +$849K |
|
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.