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 |
NRG Energy
NRG
|
+$151M |
| 2 |
BHI
Baker Hughes
BHI
|
+$149M |
| 3 |
PPL
PPL Corp
PPL
|
+$144M |
| 4 |
Duke Energy
DUK
|
+$140M |
| 5 |
NextEra Energy
NEE
|
+$140M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 8.45% |
| 2 | Healthcare | 6.31% |
| 3 | Financials | 6.3% |
| 4 | Consumer Discretionary | 6.26% |
| 5 | Utilities | 5.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$821B
| $9.38B | 28.76% |
+58,493,000
| New | +$9.42B |
|
2
CALL
iShares MSCI Emerging Markets ETF
EEM
$29.6B
| $168M | 0.51% |
+4,362,700
| New | +$181M |
|
|
3
NRG Energy
NRG
$25.1B
| $150M | 0.46% |
+5,629,282
| New | +$151M |
|
|
BHI
4
DELISTED
Baker Hughes
BHI
| $150M | 0.46% |
+3,257,051
| New | +$149M |
|
|
5
NextEra Energy
NEE
$179B
| $144M | 0.44% |
+7,056,772
| New | +$140M |
|
|
PPL
6
PPL Corp
PPL
$26.2B
| $141M | 0.43% |
+4,991,521
| New | +$144M |
|
|
7
Duke Energy
DUK
$95.8B
| $134M | 0.41% |
+1,984,848
| New | +$140M |
|
|
PXD
8
DELISTED
Pioneer Natural Resource Co.
PXD
| $128M | 0.39% |
+887,548
| New | +$118M |
|
|
GPOR
9
DELISTED
Gulfport Energy Corp.
GPOR
| $120M | 0.37% |
+2,552,193
| New | +$125M |
|
|
APC
10
DELISTED
Anadarko Petroleum
APC
| $113M | 0.35% |
+1,319,414
| New | +$114M |
|
11
CALL
ExxonMobil
XOM
$631B
| $111M | 0.34% |
+1,226,000
| New | +$110M |
|
12
Cheniere Energy
LNG
$53.8B
| $109M | 0.33% |
+3,929,124
| New | +$110M |
|
13
Starwood Property Trust
STWD
$5.95B
| $106M | 0.33% |
+5,331,869
| New | +$114M |
|
14
EQT Corp
EQT
$32.3B
| $106M | 0.33% |
+2,459,677
| New | +$101M |
|
15
Comcast
CMCSA
$87.1B
| $99.7M | 0.31% |
+4,777,104
| New | +$98.7M |
|
16
Ameren
AEE
$30B
| $99.4M | 0.3% |
+2,886,846
| New | +$101M |
|
17
Conagra Brands
CAG
$7.16B
| $98.5M | 0.3% |
+3,623,476
| New | +$98M |
|
|
DFS
18
DELISTED
Discover Financial Services
DFS
| $97.9M | 0.3% |
+2,054,441
| New | +$94.3M |
|
19
CALL
State Street Energy Select Sector SPDR ETF
XLE
$37.7B
| $95.9M | 0.29% |
+2,450,800
| New | +$97.1M |
|
20
Sempra
SRE
$55.4B
| $93.8M | 0.29% |
+2,294,728
| New | +$93.5M |
|
21
CMS Energy
CMS
$22.3B
| $91.7M | 0.28% |
+3,376,852
| New | +$94.8M |
|
22
Las Vegas Sands
LVS
$30.3B
| $89.9M | 0.28% |
+1,699,244
| New | +$95M |
|
|
SE
23
DELISTED
Spectra Energy Corp Wi
SE
| $89M | 0.27% |
+2,583,553
| New | +$81.3M |
|
24
EOG Resources
EOG
$72B
| $88.7M | 0.27% |
+1,346,626
| New | +$86.3M |
|
25
Philip Morris
PM
$292B
| $86.5M | 0.27% |
+998,656
| New | +$92.8M |
|
Similar funds
Millennium Management's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Millennium Management, which disclosed 2,944 positions worth $32.6B. Its ten largest holdings account for 33% of the portfolio.
Its largest position is NRG Energy: 5,629,282 shares worth $150M.
By sector, the portfolio is most concentrated in Energy at 8.5% of assets, followed by Healthcare and Financials.
- Millennium Management's largest Q2 2013 buy was NRG Energy: 5,629,282 shares worth $150M.
- Millennium Management's ten largest holdings make up 33% of its $32.6B portfolio in Q2 2013.
- Millennium Management disclosed 2,944 positions in Q2 2013, its first 13F filing on record.
Based on Millennium Management's 13F filing for Q2 2013, filed 14 Aug 2013.