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 | |
|---|---|---|---|---|---|---|
|
PGNX
701
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $15.3M | 0.03% |
2,413,708
+150,711
| +7% | +$911K |
|
702
Domino's
DPZ
$11.9B
| $15.2M | 0.03% |
100,225
-50,095
| -33% | -$7.32M |
|
703
Essential Utilities
WTRG
$11.5B
| $15.2M | 0.03% |
498,915
+459,777
| +1,175% | +$14.9M |
|
704
PUT
iShares China Large-Cap ETF
FXI
$4.32B
| $15.2M | 0.03% |
400,000
-1,250,000
| -76% | -$45.8M |
|
705
Eli Lilly
LLY
$1.08T
| $15.2M | 0.03% |
189,360
-586,502
| -76% | -$46.9M |
|
|
WP
706
CALL
DELISTED
Worldpay, Inc.
WP
| $15.2M | 0.03% |
+270,000
| New | +$15M |
|
|
SEP
707
DELISTED
Spectra Engy Parters Lp
SEP
| $15.1M | 0.03% |
345,715
+291,061
| +533% | +$13.4M |
|
708
Centene
CNC
$30.5B
| $15.1M | 0.03% |
450,646
-1,711,560
| -79% | -$59.5M |
|
709
Live Nation Entertainment
LYV
$42.9B
| $15.1M | 0.03% |
548,876
+383,460
| +232% | +$10M |
|
710
State Street Technology Select Sector SPDR ETF
XLK
$109B
| $15.1M | 0.03% |
631,120
-253,870
| -29% | -$5.9M |
|
711
Groupon
GRPN
$1.03B
| $15.1M | 0.03% |
146,357
-39,067
| -21% | -$3.81M |
|
|
SBNY
712
DELISTED
Signature Bank
SBNY
| $15M | 0.03% |
126,893
-51,506
| -29% | -$6.2M |
|
713
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.4B
| $15M | 0.03% |
53,151
-219,658
| -81% | -$61.9M |
|
714
O-I Glass
OI
$1.18B
| $15M | 0.03% |
813,830
+676,656
| +493% | +$12.3M |
|
715
Trimble
TRMB
$13.6B
| $14.9M | 0.03% |
523,384
-211,102
| -29% | -$5.64M |
|
716
Orthofix Medical
OFIX
$492M
| $14.9M | 0.03% |
349,217
-26,714
| -7% | -$1.19M |
|
717
Madison Square Garden
MSGS
$9.59B
| $14.9M | 0.03% |
123,192
+97,300
| +376% | +$12.4M |
|
|
EQC
718
DELISTED
Equity Commonwealth
EQC
| $14.9M | 0.03% |
492,547
-200,720
| -29% | -$6.06M |
|
719
Brink's
BCO
$5.01B
| $14.9M | 0.02% |
401,033
+260,456
| +185% | +$8.94M |
|
|
MGP
720
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $14.8M | 0.02% |
566,423
-633,460
| -53% | -$16.6M |
|
|
CZZ
721
DELISTED
Cosan Limited
CZZ
| $14.7M | 0.02% |
2,057,756
+812,709
| +65% | +$5.48M |
|
|
ELME
722
Elme Communities
ELME
$145M
| $14.7M | 0.02% |
470,780
-162,696
| -26% | -$5.28M |
|
723
Integer Holdings
ITGR
$3.39B
| $14.6M | 0.02% |
674,654
+76,115
| +13% | +$1.95M |
|
724
FirstCash
FCFS
$8.77B
| $14.6M | 0.02% |
309,687
+302,283
| +4,083% | +$15.2M |
|
|
SEM
725
DELISTED
Select Medical
SEM
| $14.5M | 0.02% |
2,000,139
-3,581,801
| -64% | -$22.8M |
|
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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.