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 | |
|---|---|---|---|---|---|---|
|
ELGX
776
DELISTED
Endologix Inc
ELGX
| $13.3M | 0.02% |
103,640
+8,360
| +9% | +$1.07M |
|
777
Hilltop Holdings
HTH
$2.26B
| $13.3M | 0.02% |
589,928
+153,157
| +35% | +$3.39M |
|
778
Kratos Defense & Security Solutions
KTOS
$8.23B
| $13.2M | 0.02% |
1,920,544
-429,612
| -18% | -$2.51M |
|
779
Mueller Water Products
MWA
$3.94B
| $13.2M | 0.02% |
1,053,673
+656,372
| +165% | +$7.86M |
|
780
Cheesecake Factory
CAKE
$5.03B
| $13.2M | 0.02% |
263,771
-2,169
| -0.8% | -$111K |
|
781
S&P Global
SPGI
$124B
| $13.2M | 0.02% |
103,963
-133,104
| -56% | -$16M |
|
782
Nordic American Tanker
NAT
$1.36B
| $13.1M | 0.02% |
1,308,376
+1,296,455
| +10,875% | +$15.1M |
|
783
Berkshire Hathaway Class B
BRK.B
$1.1T
| $13.1M | 0.02% |
90,385
+84,299
| +1,385% | +$12.3M |
|
784
Vornado Realty Trust
VNO
$7.65B
| $13M | 0.02% |
159,267
+125,640
| +374% | +$10.4M |
|
785
Darling Ingredients
DAR
$9.32B
| $13M | 0.02% |
963,286
-2,038,103
| -68% | -$29.4M |
|
|
TGP
786
DELISTED
Teekay LNG Partners L.P.
TGP
| $13M | 0.02% |
859,989
-153,799
| -15% | -$1.93M |
|
787
Teleflex
TFX
$5.96B
| $13M | 0.02% |
77,211
+59,502
| +336% | +$10.7M |
|
788
Jefferies Financial Group
JEF
$12.7B
| $13M | 0.02% |
760,160
+382,961
| +102% | +$6.34M |
|
789
Criteo S.A. Ordinary Shares
CRTO
$1.14B
| $12.9M | 0.02% |
+368,647
| New | +$14.6M |
|
|
TRCO
790
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $12.9M | 0.02% |
354,171
-621,929
| -64% | -$23.6M |
|
791
Acuity Brands
AYI
$9.99B
| $12.9M | 0.02% |
48,873
-125,392
| -72% | -$33.4M |
|
|
CQH
792
DELISTED
Cheniere Energy Partners LP Holdings LLC
CQH
| $12.9M | 0.02% |
567,389
-26,525
| -4% | -$540K |
|
793
Viavi Solutions
VIAV
$7.95B
| $12.9M | 0.02% |
+1,743,379
| New | +$12.8M |
|
794
IAMGOLD
IAG
$8.05B
| $12.9M | 0.02% |
3,179,486
+790,856
| +33% | +$3.6M |
|
795
CALL
Home Depot
HD
$337B
| $12.9M | 0.02% |
+100,000
| New | +$13.3M |
|
796
First Financial Bancorp
FFBC
$3.55B
| $12.9M | 0.02% |
588,644
-52,271
| -8% | -$1.11M |
|
|
AVP
797
DELISTED
Avon Products, Inc.
AVP
| $12.9M | 0.02% |
2,270,896
+959,064
| +73% | +$4.79M |
|
|
RICE
798
DELISTED
Rice Energy Inc.
RICE
| $12.8M | 0.02% |
492,166
-856,983
| -64% | -$21.3M |
|
|
USG
799
DELISTED
Usg
USG
| $12.7M | 0.02% |
491,319
-68,157
| -12% | -$1.89M |
|
800
Virtu Financial
VIRT
$5.04B
| $12.7M | 0.02% |
847,470
+605,149
| +250% | +$10.2M |
|
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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.