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 |
Amazon
AMZN
|
+$278M |
| 2 |
Charter Communications
CHTR
|
+$218M |
| 3 |
Exelon
EXC
|
+$197M |
| 4 |
Halliburton
HAL
|
+$192M |
| 5 |
AET
Aetna Inc
AET
|
+$173M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$241M |
| 2 |
DISH
DISH Network Corp.
DISH
|
+$235M |
| 3 |
Expedia Group
EXPE
|
+$188M |
| 4 |
AT&T
T
|
+$181M |
| 5 |
WR
Westar Energy Inc
WR
|
+$172M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.94% |
| 2 | Energy | 9.47% |
| 3 | Financials | 9.35% |
| 4 | Industrials | 8.03% |
| 5 | Technology | 8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Helix Energy Solutions
HLX
$1.46B
| $36M | 0.08% |
5,321,060
+271,260
| +5% | +$1.96M |
|
302
PNC Financial Services
PNC
$100B
| $35.8M | 0.08% |
439,466
-137,672
| -24% | -$11.8M |
|
303
Delta Air Lines
DAL
$55.9B
| $35.6M | 0.08% |
977,639
+339,577
| +53% | +$14.4M |
|
304
Wabtec
WAB
$51.1B
| $35.5M | 0.08% |
506,154
-26,937
| -5% | -$2.09M |
|
305
Qualcomm
QCOM
$176B
| $35.5M | 0.08% |
663,494
-1,414,460
| -68% | -$74.5M |
|
306
Rio Tinto
RIO
$148B
| $35.5M | 0.08% |
1,134,930
+642,121
| +130% | +$19.2M |
|
307
APA Corp
APA
$12.8B
| $35.4M | 0.08% |
635,768
+355,768
| +127% | +$19.3M |
|
|
ANDV
308
DELISTED
Andeavor
ANDV
| $35.3M | 0.08% |
471,252
-177,671
| -27% | -$14.1M |
|
309
Kinder Morgan
KMI
$73.1B
| $34.9M | 0.08% |
1,865,436
-840,747
| -31% | -$15M |
|
310
Eagle Materials
EXP
$6.6B
| $34.8M | 0.08% |
451,421
+326,897
| +263% | +$24.7M |
|
|
CLGX
311
DELISTED
Corelogic, Inc.
CLGX
| $34.7M | 0.08% |
902,690
+364,479
| +68% | +$13.3M |
|
312
Parker-Hannifin
PH
$125B
| $34.7M | 0.08% |
321,424
+312,156
| +3,368% | +$35M |
|
313
Viasat
VSAT
$9.79B
| $34.6M | 0.08% |
484,925
+334,529
| +222% | +$24.4M |
|
|
SWFT
314
DELISTED
Swift Transportation Company
SWFT
| $34.6M | 0.08% |
2,246,299
+511,110
| +29% | +$8.42M |
|
315
JD.com
JD
$40.8B
| $34.6M | 0.08% |
1,629,742
-134,976
| -8% | -$3.26M |
|
316
Vodafone
VOD
$34.9B
| $34.6M | 0.08% |
1,119,480
+1,112,485
| +15,904% | +$36.1M |
|
317
CALL
iShares Russell 2000 ETF
IWM
$80.9B
| $34.5M | 0.08% |
+300,000
| New | +$33.8M |
|
318
Affiliated Managers Group
AMG
$9.46B
| $34.2M | 0.08% |
242,635
+99,595
| +70% | +$16.3M |
|
319
State Street Energy Select Sector SPDR ETF
XLE
$39.5B
| $34.1M | 0.08% |
1,000,000
+651,922
| +187% | +$21.5M |
|
|
PSB
320
DELISTED
PS Business Parks, Inc.
PSB
| $34M | 0.08% |
320,750
+78,779
| +33% | +$7.88M |
|
|
AAT
321
American Assets Trust
AAT
$1.49B
| $34M | 0.08% |
800,760
+26,863
| +3% | +$1.08M |
|
|
RAI
322
DELISTED
Reynolds American Inc
RAI
| $33.9M | 0.08% |
629,105
-293,068
| -32% | -$14.7M |
|
323
Citigroup
C
$222B
| $33.9M | 0.08% |
799,775
-108,451
| -12% | -$4.8M |
|
324
Align Technology
ALGN
$12B
| $33.9M | 0.08% |
420,621
-295,996
| -41% | -$22.6M |
|
325
Brookdale Senior Living
BKD
$3.62B
| $33.7M | 0.08% |
2,180,581
-669,306
| -23% | -$11.7M |
|
Similar funds
Millennium Management's Q2 2016 Portfolio in Review
As of Q2 2016, Millennium Management held 3,988 positions worth $43.7B, up 9.2% from $40B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Millennium Management deployed $1.99B of net new capital in Q2 2016, opening 776 new positions and adding to 1,172 existing holdings. Its largest new stake was Amazon: 8,232,420 shares worth $295M.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 12% a quarter earlier, followed by Energy and Financials.
On the sell side, the largest reduction was Yahoo Inc, an estimated $241M trimmed.
- Millennium Management's largest Q2 2016 buy was Amazon: 8,232,420 shares worth $295M.
- Millennium Management added most to Charter Communications in Q2 2016, an estimated $218M increase.
- Millennium Management's biggest Q2 2016 reduction was Yahoo Inc, cutting an estimated $241M.
- Millennium Management fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $108M.
- Millennium Management's ten largest holdings make up 11% of its $43.7B portfolio in Q2 2016.
- Millennium Management opened 776 new positions and closed 860 in Q2 2016.
- Millennium Management's portfolio value rose 9.2% quarter-over-quarter to $43.7B.
Based on Millennium Management's 13F filing for Q2 2016, filed 15 Aug 2016.