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 | |
|---|---|---|---|---|---|---|
|
MDVN
2426
DELISTED
MEDIVATION, INC.
MDVN
| $791K | ﹤0.01% |
24,800
-467,110
| -95% | -$14.1M |
|
2427
Standard Motor Products
SMP
$904M
| $790K | ﹤0.01% |
+21,459
| New | +$739K |
|
2428
CALL
Carnival Corporation Ltd
CCL
$38.2B
| $783K | ﹤0.01% |
+32,300
| New | +$1.14M |
|
2429
CVS Health
CVS
$137B
| $783K | ﹤0.01% |
10,944
-174,480
| -94% | -$11.2M |
|
2430
DHT Holdings
DHT
$3.01B
| $782K | ﹤0.01% |
+114,302
| New | +$627K |
|
2431
CALL
Vail Resorts
MTN
$5.64B
| $782K | ﹤0.01% |
+10,400
| New | +$751K |
|
2432
Boston Beer
SAM
$1.94B
| $782K | ﹤0.01% |
3,235
+2,136
| +194% | +$513K |
|
2433
CALL
Copart
CPRT
$28.7B
| $781K | ﹤0.01% |
170,400
+101,600
| +148% | +$426K |
|
2434
Tennant Co
TNC
$1.44B
| $779K | ﹤0.01% |
+11,489
| New | +$734K |
|
2435
Forward Air
FWRD
$456M
| $777K | ﹤0.01% |
17,700
+241
| +1% | +$10K |
|
|
APFC
2436
DELISTED
AMERICAN PACIFIC CORP
APFC
| $777K | ﹤0.01% |
20,846
+16,646
| +396% | +$739K |
|
|
CYBX
2437
PUT
DELISTED
CYBERONICS INC
CYBX
| $772K | ﹤0.01% |
+11,800
| New | +$715K |
|
2438
Cimpress
CMPR
$2.38B
| $771K | ﹤0.01% |
+13,562
| New | +$753K |
|
|
GAS
2439
DELISTED
AGL Resources Inc
GAS
| $770K | ﹤0.01% |
16,300
-51,454
| -76% | -$2.4M |
|
|
ALEX
2440
DELISTED
Alexander & Baldwin
ALEX
| $768K | ﹤0.01% |
18,400
-27,545
| -60% | -$1.06M |
|
2441
Angi Inc
ANGI
$251M
| $768K | ﹤0.01% |
+5,070
| New | +$724K |
|
2442
PUT
Herc Holdings
HRI
$4.83B
| $764K | ﹤0.01% |
+8,900
| New | +$636K |
|
2443
St. Joe Company
JOE
$3.56B
| $764K | ﹤0.01% |
39,813
+15,359
| +63% | +$285K |
|
|
ACO
2444
DELISTED
AMCOL International Corp
ACO
| $764K | ﹤0.01% |
22,492
+776
| +4% | +$24.9K |
|
2445
Amkor Technology
AMKR
$11.2B
| $763K | ﹤0.01% |
124,529
-94,350
| -43% | -$503K |
|
2446
Standex International
SXI
$3.43B
| $760K | ﹤0.01% |
12,079
-3,205
| -21% | -$194K |
|
|
AMSG
2447
DELISTED
Amsurg Corp
AMSG
| $760K | ﹤0.01% |
+16,549
| New | +$731K |
|
2448
Telecom Argentina
TEO
$5.84B
| $758K | ﹤0.01% |
43,947
-52,552
| -54% | -$996K |
|
|
ITC
2449
PUT
DELISTED
ITC HOLDINGS CORP
ITC
| $757K | ﹤0.01% |
23,700
+15,300
| +182% | +$488K |
|
2450
Cognex
CGNX
$9.59B
| $756K | ﹤0.01% |
+39,600
| New | +$643K |
|
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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.