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 | |
|---|---|---|---|---|---|---|
|
TRR
3026
DELISTED
Trc Companies
TRR
| $166K | ﹤0.01% |
19,168
-4,195
| -18% | -$30.3K |
|
3027
Primis Financial Corp
FRST
$382M
| $165K | ﹤0.01% |
+12,651
| New | +$161K |
|
3028
Gladstone Capital
GLAD
$425M
| $165K | ﹤0.01% |
+10,150
| New | +$166K |
|
3029
Comtech Telecommunications
CMTL
$51.8M
| $164K | ﹤0.01% |
+12,787
| New | +$168K |
|
3030
Chegg
CHGG
$108M
| $162K | ﹤0.01% |
+22,911
| New | +$147K |
|
|
XRM
3031
DELISTED
Xerium Technologies Inc (new)
XRM
| $162K | ﹤0.01% |
20,328
-25,060
| -55% | -$200K |
|
3032
Reading International Class A
RDI
$32.9M
| $161K | ﹤0.01% |
+12,089
| New | +$160K |
|
3033
BlackRock Corporate High Yield Fund
HYT
$1.36B
| $159K | ﹤0.01% |
14,739
-12,130
| -45% | -$130K |
|
3034
RadNet
RDNT
$4.84B
| $158K | ﹤0.01% |
21,401
-17,253
| -45% | -$110K |
|
|
ALIM
3035
DELISTED
Alimera Sciences
ALIM
| $158K | ﹤0.01% |
7,073
-4,534
| -39% | -$104K |
|
3036
Regions Financial
RF
$26.3B
| $157K | ﹤0.01% |
15,899
-6,313,260
| -100% | -$59.1M |
|
3037
Xcel Brands
XELB
$7.45M
| $157K | ﹤0.01% |
3,144
+1,848
| +143% | +$92.6K |
|
|
SCWX
3038
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $157K | ﹤0.01% |
12,580
-70,221
| -85% | -$980K |
|
3039
Digital Turbine
APPS
$1.02B
| $156K | ﹤0.01% |
148,400
-129,179
| -47% | -$150K |
|
3040
Fulton Financial
FULT
$4.7B
| $154K | ﹤0.01% |
+10,627
| New | +$149K |
|
3041
Enphase Energy
ENPH
$4.84B
| $153K | ﹤0.01% |
129,500
-35,905
| -22% | -$63.2K |
|
|
MTEM
3042
DELISTED
Molecular Templates, Inc.
MTEM
| $153K | ﹤0.01% |
1,367
-1,330
| -49% | -$183K |
|
|
RGLS
3043
DELISTED
Regulus Therapeutics
RGLS
| $152K | ﹤0.01% |
+385
| New | +$158K |
|
|
FGP
3044
DELISTED
Ferrellgas Partners, L.P.
FGP
| $151K | ﹤0.01% |
+13,000
| New | +$243K |
|
|
WINT
3045
DELISTED
Windtree Therapeutics Inc
WINT
| $151K | ﹤0.01% |
58,874
-33,586
| -36% | -$73.1K |
|
|
TOUR
3046
Tuniu
TOUR
$55.4M
| $149K | ﹤0.01% |
1,471
-2,527
| -63% | -$237K |
|
|
CYTR
3047
DELISTED
CytRx Corp
CYTR
| $149K | ﹤0.01% |
+42,274
| New | +$194K |
|
|
REXX
3048
DELISTED
Rex Energy Corporation
REXX
| $149K | ﹤0.01% |
25,559
-48,617
| -66% | -$287K |
|
3049
Ericsson
ERIC
$30.7B
| $148K | ﹤0.01% |
+20,494
| New | +$149K |
|
|
AWP
3050
abrdn Global Premier Properties Fund
AWP
$377M
| $147K | ﹤0.01% |
+8,825
| New | +$149K |
|
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.