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 | |
|---|---|---|---|---|---|---|
|
ODP
3001
CALL
DELISTED
ODP
ODP
| $179K | ﹤0.01% |
5,000
| – | – |
|
|
FENX
3002
DELISTED
Fenix Parts, Inc.
FENX
| $178K | ﹤0.01% |
45,000
-14,786
| -25% | -$62.6K |
|
|
EHIC
3003
DELISTED
eHi Car Services Limited
EHIC
| $177K | ﹤0.01% |
17,301
-10,299
| -37% | -$109K |
|
3004
Prospect Capital
PSEC
$1.06B
| $176K | ﹤0.01% |
+21,701
| New | +$179K |
|
3005
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.7B
| $175K | ﹤0.01% |
+22,156
| New | +$177K |
|
|
IMDZ
3006
DELISTED
Immune Design Corp.
IMDZ
| $175K | ﹤0.01% |
23,039
-24,896
| -52% | -$182K |
|
|
EARN
3007
Ellington Residential Mortgage REIT
EARN
$165M
| $174K | ﹤0.01% |
+13,400
| New | +$182K |
|
|
AXU
3008
DELISTED
Alexco Resource Corp
AXU
| $174K | ﹤0.01% |
+97,659
| New | +$189K |
|
3009
AXT Inc
AXTI
$3.09B
| $172K | ﹤0.01% |
+33,224
| New | +$134K |
|
|
ATYR
3010
aTyr Pharma
ATYR
$46.4M
| $172K | ﹤0.01% |
3,871
+339
| +10% | +$14.6K |
|
|
GARS
3011
DELISTED
Garrison Capital Inc.
GARS
| $172K | ﹤0.01% |
17,000
-6,565
| -28% | -$68.4K |
|
3012
Sprott Physical Gold and Silver Trust
CEF
$7.43B
| $171K | ﹤0.01% |
12,379
-5,060
| -29% | -$71.5K |
|
3013
Safe Bulkers
SB
$781M
| $171K | ﹤0.01% |
121,000
-76,609
| -39% | -$99.2K |
|
|
CEM
3014
DELISTED
ClearBridge MLP and Midstream Fund Inc.
CEM
| $171K | ﹤0.01% |
2,095
-709
| -25% | -$56.6K |
|
|
BHBK
3015
DELISTED
Blue Hills Bancorp, Inc.
BHBK
| $171K | ﹤0.01% |
11,387
-97,724
| -90% | -$1.42M |
|
3016
Cohu
COHU
$2.39B
| $170K | ﹤0.01% |
14,445
-27,047
| -65% | -$299K |
|
3017
Stride
LRN
$3.69B
| $170K | ﹤0.01% |
11,847
-104,027
| -90% | -$1.33M |
|
3018
TechTarget
TTGT
$246M
| $170K | ﹤0.01% |
21,102
-13,415
| -39% | -$112K |
|
3019
BGSF Inc
BGSF
$59.1M
| $169K | ﹤0.01% |
10,938
-7,788
| -42% | -$144K |
|
|
MAG
3020
DELISTED
MAG Silver
MAG
| $169K | ﹤0.01% |
+11,178
| New | +$176K |
|
|
AT
3021
DELISTED
Atlantic Power Corporation
AT
| $168K | ﹤0.01% |
68,129
-29,693
| -30% | -$74.8K |
|
3022
Constellium
CSTM
$3.96B
| $167K | ﹤0.01% |
23,201
-4,199
| -15% | -$25.1K |
|
|
AVTA
3023
DELISTED
Avantax, Inc. Common Stock
AVTA
| $167K | ﹤0.01% |
14,899
-222,691
| -94% | -$2.47M |
|
3024
OFS Capital
OFS
$43.8M
| $166K | ﹤0.01% |
+12,744
| New | +$173K |
|
|
RNDB
3025
DELISTED
Randolph Bancorp, Inc. Common Stock
RNDB
| $166K | ﹤0.01% |
+12,154
| New | +$156K |
|
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.