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 | |
|---|---|---|---|---|---|---|
551
United Rentals
URI
$66.5B
| $21.2M | 0.04% |
269,721
+242,318
| +884% | +$18.6M |
|
|
SYNH
552
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $21.1M | 0.04% |
473,952
+383,780
| +426% | +$16.6M |
|
|
GHDX
553
DELISTED
Genomic Health, Inc.
GHDX
| $21.1M | 0.04% |
729,935
-106,350
| -13% | -$2.96M |
|
554
Federal Realty Investment Trust
FRT
$10.7B
| $21.1M | 0.04% |
137,071
+135,842
| +11,053% | +$22M |
|
|
LTRPA
555
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $21.1M | 0.04% |
963,969
+848,033
| +731% | +$18.5M |
|
556
PayPal
PYPL
$49.3B
| $21.1M | 0.04% |
513,958
-885,717
| -63% | -$34M |
|
|
IBKC
557
DELISTED
IBERIABANK Corp
IBKC
| $21.1M | 0.04% |
313,678
-105,274
| -25% | -$6.84M |
|
558
AMC Entertainment Holdings
AMC
$2.47B
| $21M | 0.04% |
67,534
-8,993
| -12% | -$2.69M |
|
559
IBM
IBM
$209B
| $20.9M | 0.04% |
+137,839
| New | +$20.9M |
|
560
Steris
STE
$22.5B
| $20.9M | 0.04% |
286,000
-26,989
| -9% | -$1.91M |
|
561
Morgan Stanley
MS
$330B
| $20.8M | 0.03% |
649,476
+596,484
| +1,126% | +$17.8M |
|
562
Entergy
ETR
$50.4B
| $20.8M | 0.03% |
542,196
-204,294
| -27% | -$8.13M |
|
563
Enbridge
ENB
$121B
| $20.6M | 0.03% |
466,327
+142,448
| +44% | +$5.97M |
|
|
ZEN
564
DELISTED
ZENDESK INC
ZEN
| $20.6M | 0.03% |
+670,329
| New | +$19.9M |
|
565
CALL
VanEck Oil Services ETF
OIH
$2.01B
| $20.5M | 0.03% |
+35,000
| New | +$19.8M |
|
566
Sabra Healthcare REIT
SBRA
$5.38B
| $20.5M | 0.03% |
812,351
-84,047
| -9% | -$2.01M |
|
|
SONC
567
DELISTED
Sonic Corp
SONC
| $20.4M | 0.03% |
780,551
+522,649
| +203% | +$14.4M |
|
568
Itron
ITRI
$4.33B
| $20.4M | 0.03% |
366,112
+161,228
| +79% | +$7.73M |
|
569
CALL
Boston Scientific
BSX
$68.4B
| $20.2M | 0.03% |
850,000
+650,000
| +325% | +$15.5M |
|
|
JNS
570
DELISTED
Janus Capital Group Inc
JNS
| $20.1M | 0.03% |
+1,434,538
| New | +$20.8M |
|
|
FISV
571
Fiserv Inc
FISV
$28.8B
| $20M | 0.03% |
+402,752
| New | +$21.1M |
|
572
Southern Copper
SCCO
$145B
| $20M | 0.03% |
820,856
+96,498
| +13% | +$2.33M |
|
|
SRCL
573
DELISTED
Stericycle Inc
SRCL
| $20M | 0.03% |
249,165
+179,234
| +256% | +$16.2M |
|
574
Consolidated Edison
ED
$40.4B
| $20M | 0.03% |
+265,000
| New | +$20.6M |
|
575
AMC Global Media
AMCX
$427M
| $19.8M | 0.03% |
382,473
+177,878
| +87% | +$9.75M |
|
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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.