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 | |
|---|---|---|---|---|---|---|
|
IMS
401
DELISTED
IMS HEALTH HLDGS INC COM STK (DE)
IMS
| $31.5M | 0.05% |
+1,005,572
| New | +$29.4M |
|
402
Digital Realty Trust
DLR
$71.5B
| $31.4M | 0.05% |
+323,432
| New | +$32.9M |
|
403
Deere & Co
DE
$162B
| $31.4M | 0.05% |
367,770
+335,615
| +1,044% | +$27.5M |
|
404
Popular Inc
BPOP
$11.2B
| $31.4M | 0.05% |
820,881
-814,722
| -50% | -$29M |
|
405
GSK
GSK
$104B
| $31.3M | 0.05% |
579,801
+269,347
| +87% | +$14.8M |
|
406
BioMarin Pharmaceuticals
BMRN
$11.7B
| $31.2M | 0.05% |
337,301
+275,632
| +447% | +$26M |
|
|
SPNC
407
DELISTED
Spectranetics Corp
SPNC
| $31M | 0.05% |
1,235,550
-521,079
| -30% | -$12.2M |
|
408
Brookdale Senior Living
BKD
$3.49B
| $30.9M | 0.05% |
1,773,053
-407,528
| -19% | -$7.03M |
|
409
US Foods
USFD
$22.1B
| $30.9M | 0.05% |
1,307,369
-206,096
| -14% | -$5M |
|
410
JB Hunt Transport Services
JBHT
$25.3B
| $30.7M | 0.05% |
378,687
+145,178
| +62% | +$11.9M |
|
411
Boyd Gaming
BYD
$6.47B
| $30.7M | 0.05% |
1,552,619
+403,420
| +35% | +$7.75M |
|
|
LVLT
412
DELISTED
Level 3 Communications Inc
LVLT
| $30.3M | 0.05% |
653,856
-851,911
| -57% | -$43.1M |
|
413
New Jersey Resources
NJR
$5.91B
| $30.2M | 0.05% |
920,529
+606,023
| +193% | +$21.4M |
|
414
Trane Technologies
TT
$97.3B
| $30.1M | 0.05% |
443,001
-819,035
| -65% | -$54.6M |
|
|
PNRA
415
DELISTED
Panera Bread Co
PNRA
| $30.1M | 0.05% |
154,349
+63,784
| +70% | +$13.5M |
|
|
ZLTQ
416
DELISTED
ZELTIQ Aesthetics, Inc.
ZLTQ
| $30M | 0.05% |
766,066
-192,376
| -20% | -$6.87M |
|
417
Middleby
MIDD
$6.03B
| $30M | 0.05% |
242,891
+47,887
| +25% | +$5.88M |
|
418
Vale
VALE
$63.8B
| $30M | 0.05% |
+5,445,889
| New | +$29.9M |
|
419
L3Harris
LHX
$50.7B
| $29.9M | 0.05% |
326,615
-76,073
| -19% | -$6.76M |
|
|
AL
420
DELISTED
Air Lease Corp
AL
| $29.9M | 0.05% |
1,045,792
+682,995
| +188% | +$19.4M |
|
421
Kennametal
KMT
$2.54B
| $29.8M | 0.05% |
1,027,329
+490,361
| +91% | +$13M |
|
|
VXX
422
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $29.8M | 0.05% |
+218,750
| New | +$35M |
|
423
Cooper Companies
COO
$14.2B
| $29.7M | 0.05% |
+662,992
| New | +$30.2M |
|
424
Rexford Industrial Realty
REXR
$8.56B
| $29.6M | 0.05% |
1,291,673
+93,257
| +8% | +$2.07M |
|
425
Synopsys
SNPS
$71.3B
| $29.5M | 0.05% |
497,620
+463,057
| +1,340% | +$26.3M |
|
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.