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 | |
|---|---|---|---|---|---|---|
|
SCHW
451
Charles Schwab
SCHW
$181B
| $27.3M | 0.05% |
863,318
-927,162
| -52% | -$27.2M |
|
452
Associated Banc-Corp
ASB
$5.8B
| $27.2M | 0.05% |
1,390,231
-1,137,785
| -45% | -$21.5M |
|
453
Spectrum Brands
SPB
$2.04B
| $27.1M | 0.05% |
196,712
-242,625
| -55% | -$30.9M |
|
454
Coherus Oncology
CHRS
$227M
| $27M | 0.05% |
1,006,817
+605,877
| +151% | +$16.5M |
|
455
Compass Minerals
CMP
$1.25B
| $27M | 0.05% |
+365,832
| New | +$26.5M |
|
456
Burlington
BURL
$23.4B
| $26.9M | 0.05% |
332,510
+72,891
| +28% | +$5.64M |
|
|
NFX
457
DELISTED
Newfield Exploration
NFX
| $26.8M | 0.05% |
+617,694
| New | +$27.2M |
|
458
Travere Therapeutics
TVTX
$5.33B
| $26.8M | 0.04% |
1,195,978
+419,684
| +54% | +$7.99M |
|
|
ACH
459
Accendra Health
ACH
$256M
| $26.7M | 0.04% |
769,287
-3,067
| -0.4% | -$107K |
|
460
Rithm Capital
RITM
$5.51B
| $26.6M | 0.04% |
1,929,123
+1,467,979
| +318% | +$20.5M |
|
|
BBL
461
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $26.6M | 0.04% |
876,394
+517,607
| +144% | +$13.8M |
|
462
Estee Lauder
EL
$30.7B
| $26.6M | 0.04% |
300,130
+248,016
| +476% | +$22.6M |
|
|
CAA
463
DELISTED
CalAtlantic Group, Inc.
CAA
| $26.5M | 0.04% |
793,216
-1,344,117
| -63% | -$49.2M |
|
|
WBMD
464
DELISTED
WebMD Health Corp.
WBMD
| $26.5M | 0.04% |
533,602
+276,310
| +107% | +$15.2M |
|
465
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.59B
| $26.5M | 0.04% |
172,377
+162,888
| +1,717% | +$23.4M |
|
466
Fortune Brands Innovations
FBIN
$5.88B
| $26.5M | 0.04% |
533,259
+201,834
| +61% | +$10.6M |
|
|
ZNGA
467
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $26.4M | 0.04% |
9,083,589
+7,366,086
| +429% | +$20.5M |
|
468
BP
BP
$114B
| $26.4M | 0.04% |
891,736
-1,700,544
| -66% | -$49.3M |
|
469
Global Payments
GPN
$23.8B
| $26.3M | 0.04% |
342,798
+196,851
| +135% | +$14.8M |
|
470
Manhattan Associates
MANH
$11.1B
| $26.2M | 0.04% |
455,534
+165,604
| +57% | +$9.98M |
|
471
SiteOne Landscape Supply
SITE
$4.15B
| $26.2M | 0.04% |
730,364
+75,081
| +11% | +$2.84M |
|
|
HOLX
472
DELISTED
Hologic
HOLX
| $26.2M | 0.04% |
675,371
+142,423
| +27% | +$5.38M |
|
473
Bread Financial
BFH
$4.47B
| $26.2M | 0.04% |
153,030
-649,371
| -81% | -$111M |
|
474
B&G Foods
BGS
$293M
| $26.2M | 0.04% |
532,606
+473,885
| +807% | +$22.8M |
|
|
GGP
475
DELISTED
GGP Inc.
GGP
| $26.2M | 0.04% |
947,808
+441,534
| +87% | +$13.2M |
|
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.