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 | |
|---|---|---|---|---|---|---|
|
ETP
601
DELISTED
Energy Transfer Partners, L.P.
ETP
| $19M | 0.03% |
668,248
-174,035
| -21% | -$5.06M |
|
|
MRO
602
PUT
DELISTED
Marathon Oil Corporation
MRO
| $19M | 0.03% |
1,200,000
+200,000
| +20% | +$2.97M |
|
|
CBL
603
DELISTED
CBL& Associates Properties, Inc.
CBL
| $19M | 0.03% |
1,562,106
-703,621
| -31% | -$8.57M |
|
604
Mastercard
MA
$510B
| $19M | 0.03% |
186,257
-335,367
| -64% | -$32.2M |
|
|
GRUB
605
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $19M | 0.03% |
220,429
+92,135
| +72% | +$6.91M |
|
606
CALL
Merck
MRK
$321B
| $18.9M | 0.03% |
318,068
+213,268
| +204% | +$12.5M |
|
607
Brown & Brown
BRO
$23.7B
| $18.9M | 0.03% |
+1,001,084
| New | +$18.5M |
|
|
GNC
608
DELISTED
GNC Holdings, Inc.
GNC
| $18.9M | 0.03% |
923,360
+447,168
| +94% | +$9.79M |
|
609
HCA Healthcare
HCA
$85.7B
| $18.8M | 0.03% |
248,864
+173,993
| +232% | +$13.3M |
|
610
CubeSmart
CUBE
$9.34B
| $18.7M | 0.03% |
687,458
-9,752
| -1% | -$280K |
|
|
PX
611
DELISTED
Praxair Inc
PX
| $18.6M | 0.03% |
154,214
-466,346
| -75% | -$55.2M |
|
612
O'Reilly Automotive
ORLY
$72.4B
| $18.5M | 0.03% |
+988,965
| New | +$18.5M |
|
613
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.6B
| $18.5M | 0.03% |
+563,180
| New | +$18.9M |
|
614
Eagle Materials
EXP
$6.35B
| $18.4M | 0.03% |
238,095
-213,326
| -47% | -$17.1M |
|
|
GWPH
615
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $18.4M | 0.03% |
138,338
+132,162
| +2,140% | +$12.6M |
|
616
Alamos Gold
AGI
$11.9B
| $18.3M | 0.03% |
2,235,271
+2,099,312
| +1,544% | +$18.3M |
|
|
MNTA
617
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $18.3M | 0.03% |
1,567,167
+1,085,024
| +225% | +$12.8M |
|
|
TWTR
618
DELISTED
Twitter, Inc.
TWTR
| $18.3M | 0.03% |
+792,832
| New | +$14.9M |
|
|
PVTB
619
DELISTED
PrivateBancorp Inc
PVTB
| $18.3M | 0.03% |
397,732
-173,252
| -30% | -$7.78M |
|
620
Cardinal Health
CAH
$53.2B
| $18.3M | 0.03% |
234,966
+21,239
| +10% | +$1.72M |
|
621
Sabesp
SBS
$19.2B
| $18.2M | 0.03% |
10,139,430
-2,942,044
| -22% | -$5.22M |
|
622
Semtech
SMTC
$10.7B
| $18.2M | 0.03% |
655,687
+220,405
| +51% | +$5.68M |
|
|
COR
623
DELISTED
Coresite Realty Corporation
COR
| $18.1M | 0.03% |
245,013
-20,801
| -8% | -$1.69M |
|
624
Trinity Industries
TRN
$2.73B
| $18.1M | 0.03% |
1,039,362
+631,547
| +155% | +$10.4M |
|
|
EXAS
625
DELISTED
Exact Sciences
EXAS
| $18.1M | 0.03% |
972,949
-3,333,596
| -77% | -$58.7M |
|
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.