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 |
Procter & Gamble
PG
|
+$6.23B |
| 2 |
Coty
COTY
|
+$1.43B |
| 3 |
Microsoft
MSFT
|
+$237M |
| 4 |
GXP
Great Plains Energy Incorporated
GXP
|
+$199M |
| 5 |
eBay
EBAY
|
+$198M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Charter Communications
CHTR
|
+$266M |
| 2 |
NextEra Energy
NEE
|
+$198M |
| 3 |
EMC
EMC CORPORATION
EMC
|
+$179M |
| 4 |
Exelon
EXC
|
+$150M |
| 5 |
Salesforce
CRM
|
+$150M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 17.19% |
| 2 | Healthcare | 10.11% |
| 3 | Energy | 8.17% |
| 4 | Technology | 8.17% |
| 5 | Financials | 7.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
UnitedHealth
UNH
$383B
| $54.9M | 0.09% |
392,358
-223,259
| -36% | -$31.3M |
|
227
Crown Holdings
CCK
$12.8B
| $54.7M | 0.09% |
958,598
+310,377
| +48% | +$16.6M |
|
228
Bio-Rad Laboratories Class A
BIO
$8.59B
| $54.6M | 0.09% |
333,185
+61,670
| +23% | +$9.36M |
|
229
Molina Healthcare
MOH
$10.2B
| $54.5M | 0.09% |
934,382
+546,164
| +141% | +$30.1M |
|
230
Dover
DOV
$27.5B
| $54.2M | 0.09% |
911,497
+236,624
| +35% | +$13.7M |
|
231
Parker-Hannifin
PH
$122B
| $54.1M | 0.09% |
431,034
+109,610
| +34% | +$13.1M |
|
232
RTX Corp
RTX
$289B
| $54.1M | 0.09% |
845,555
+390,457
| +86% | +$25.9M |
|
|
YHOO
233
DELISTED
Yahoo Inc
YHOO
| $53.7M | 0.09% |
1,246,097
-1,955,810
| -61% | -$80.2M |
|
234
Flotek Industries
FTK
$823M
| $53.7M | 0.09% |
615,341
+209,207
| +52% | +$18.1M |
|
235
Cboe Global Markets
CBOE
$31.8B
| $53.6M | 0.09% |
827,288
+822,913
| +18,809% | +$56.1M |
|
236
Gaming and Leisure Properties
GLPI
$12.5B
| $53.6M | 0.09% |
1,602,937
+1,017,523
| +174% | +$35.2M |
|
237
ConocoPhillips
COP
$145B
| $53.4M | 0.09% |
1,229,221
-2,759,938
| -69% | -$115M |
|
238
Goldman Sachs
GS
$302B
| $53.1M | 0.09% |
329,393
+34,501
| +12% | +$5.61M |
|
239
General Dynamics
GD
$103B
| $52.8M | 0.09% |
340,170
+6,692
| +2% | +$998K |
|
|
KS
240
DELISTED
KapStone Paper and Pack Corp.
KS
| $52.6M | 0.09% |
2,778,567
+1,010,351
| +57% | +$16.2M |
|
241
Oshkosh
OSK
$8.84B
| $52.4M | 0.09% |
936,008
+333,164
| +55% | +$17.5M |
|
242
Colgate-Palmolive
CL
$73.2B
| $52.3M | 0.09% |
705,728
-21,787
| -3% | -$1.61M |
|
|
ESV
243
DELISTED
Ensco Rowan plc
ESV
| $52.2M | 0.09% |
1,536,738
-518,855
| -25% | -$17.7M |
|
|
SWN
244
DELISTED
Southwestern Energy Company
SWN
| $52.2M | 0.09% |
3,768,776
+1,987,023
| +112% | +$27.5M |
|
245
Atmos Energy
ATO
$29.1B
| $51.5M | 0.09% |
691,443
+18,770
| +3% | +$1.44M |
|
246
Ball Corp
BALL
$17.2B
| $50.9M | 0.09% |
1,241,410
-91,164
| -7% | -$3.48M |
|
247
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $50.7M | 0.09% |
596,000
+16,760
| +3% | +$1.43M |
|
248
NVIDIA
NVDA
$4.74T
| $50.3M | 0.08% |
29,337,160
-45,878,920
| -61% | -$67.7M |
|
249
Acadia Healthcare
ACHC
$2.72B
| $50.3M | 0.08% |
1,014,133
+835,470
| +468% | +$43.5M |
|
250
Watsco Inc
WSO
$12.8B
| $50.2M | 0.08% |
356,318
+157,395
| +79% | +$22.5M |
|
Similar funds
Millennium Management's Q3 2016 Portfolio in Review
As of Q3 2016, Millennium Management held 3,956 positions worth $59.6B, up 37% from $43.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Millennium Management deployed $13.4B of net new capital in Q3 2016, opening 826 new positions and adding to 1,153 existing holdings. Its largest new stake was Edison International: 1,171,827 shares worth $84.7M.
By sector, the portfolio is most concentrated in Consumer Staples at 17% of assets, up from 6.2% a quarter earlier, followed by Healthcare and Energy.
On the sell side, the largest reduction was NextEra Energy, an estimated $198M trimmed.
- Millennium Management's largest Q3 2016 buy was Edison International: 1,171,827 shares worth $84.7M.
- Millennium Management added most to Procter & Gamble in Q3 2016, an estimated $6.23B increase.
- Millennium Management's biggest Q3 2016 reduction was NextEra Energy, cutting an estimated $198M.
- Millennium Management fully exited Charter Communications in Q3 2016, selling an estimated $266M.
- Millennium Management's ten largest holdings make up 24% of its $59.6B portfolio in Q3 2016.
- Millennium Management opened 826 new positions and closed 723 in Q3 2016.
- Millennium Management's portfolio value rose 37% quarter-over-quarter to $59.6B.
Based on Millennium Management's 13F filing for Q3 2016, filed 14 Nov 2016.