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 | |
|---|---|---|---|---|---|---|
2326
Lithia Motors
LAD
$7.88B
| $709K | ﹤0.01% |
9,717
-184,094
| -95% | -$12M |
|
|
BPT
2327
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
| $708K | ﹤0.01% |
8,168
-9,191
| -53% | -$810K |
|
|
CHSP
2328
DELISTED
Chesapeake Lodging Trust
CHSP
| $708K | ﹤0.01% |
30,078
-66,784
| -69% | -$1.53M |
|
2329
Federal Signal
FSS
$7.22B
| $705K | ﹤0.01% |
54,789
+30,332
| +124% | +$333K |
|
2330
Forward Air
FWRD
$466M
| $704K | ﹤0.01% |
17,459
-1,116
| -6% | -$42.5K |
|
|
CDR
2331
DELISTED
Cedar Realty Trust, Inc
CDR
| $704K | ﹤0.01% |
20,580
-5,248
| -20% | -$184K |
|
|
JOY
2332
PUT
DELISTED
Joy Global Inc
JOY
| $704K | ﹤0.01% |
+13,800
| New | +$704K |
|
2333
CALL
Equinor
EQNR
$91.4B
| $703K | ﹤0.01% |
+31,000
| New | +$679K |
|
|
ZVO
2334
DELISTED
Zovio Inc. Common Stock
ZVO
| $701K | ﹤0.01% |
+38,867
| New | +$632K |
|
2335
CALL
American Eagle Outfitters
AEO
$2.98B
| $700K | ﹤0.01% |
+50,000
| New | +$838K |
|
2336
Cavco Industries
CVCO
$4.46B
| $700K | ﹤0.01% |
12,294
+2,368
| +24% | +$129K |
|
|
PMCS
2337
DELISTED
P M C SIERRA INC
PMCS
| $697K | ﹤0.01% |
105,339
+90,844
| +627% | +$595K |
|
|
OMED
2338
DELISTED
OncoMed Pharmaceuticals, Inc.
OMED
| $696K | ﹤0.01% |
+45,466
| New | +$842K |
|
2339
Mercado Libre
MELI
$92.3B
| $694K | ﹤0.01% |
5,143
-136,856
| -96% | -$16.4M |
|
2340
Navios Maritime Partners
NMM
$2.21B
| $693K | ﹤0.01% |
3,154
+1,000
| +46% | +$219K |
|
2341
Vail Resorts
MTN
$5.28B
| $692K | ﹤0.01% |
9,976
-3,132
| -24% | -$212K |
|
|
IRE
2342
DELISTED
GOVERNOR-BK OF IRELND ADS NEW
IRE
| $689K | ﹤0.01% |
61,106
+16,206
| +36% | +$170K |
|
2343
LSB Industries
LXU
$824M
| $685K | ﹤0.01% |
26,572
+16,082
| +153% | +$399K |
|
|
IL
2344
DELISTED
IntraLinks Holdings Inc.
IL
| $682K | ﹤0.01% |
77,494
+49,442
| +176% | +$432K |
|
|
AXAS
2345
DELISTED
Abraxas Petroleum Corp
AXAS
| $681K | ﹤0.01% |
+13,249
| New | +$655K |
|
|
STJ
2346
PUT
DELISTED
St Jude Medical
STJ
| $681K | ﹤0.01% |
+12,700
| New | +$654K |
|
|
HQCL
2347
DELISTED
Hanwha Q CELLS Co., Ltd.
HQCL
| $680K | ﹤0.01% |
+15,274
| New | +$504K |
|
|
RPXC
2348
DELISTED
RPX Corporation
RPXC
| $677K | ﹤0.01% |
+38,600
| New | +$659K |
|
|
EGLE
2349
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $677K | ﹤0.01% |
+37
| New | +$414K |
|
2350
Xylem
XYL
$28.6B
| $676K | ﹤0.01% |
24,202
-186,024
| -88% | -$4.96M |
|
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.