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 |
Amazon
AMZN
|
+$278M |
| 2 |
Charter Communications
CHTR
|
+$218M |
| 3 |
Exelon
EXC
|
+$197M |
| 4 |
Halliburton
HAL
|
+$192M |
| 5 |
AET
Aetna Inc
AET
|
+$173M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$241M |
| 2 |
DISH
DISH Network Corp.
DISH
|
+$235M |
| 3 |
Expedia Group
EXPE
|
+$188M |
| 4 |
AT&T
T
|
+$181M |
| 5 |
WR
Westar Energy Inc
WR
|
+$172M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.94% |
| 2 | Energy | 9.47% |
| 3 | Financials | 9.35% |
| 4 | Industrials | 8.03% |
| 5 | Technology | 8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
826
PPG Industries
PPG
$24.9B
| $10.5M | 0.02% |
101,155
-55,119
| -35% | -$6.02M |
|
|
ODP
827
DELISTED
ODP
ODP
| $10.5M | 0.02% |
317,749
+254,313
| +401% | +$12.4M |
|
|
WDR
828
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $10.5M | 0.02% |
607,956
+441,744
| +266% | +$9.02M |
|
829
Global Payments
GPN
$23.8B
| $10.4M | 0.02% |
145,947
-145,580
| -50% | -$10.7M |
|
|
TCF
830
DELISTED
TCF Financial Corporation
TCF
| $10.4M | 0.02% |
821,885
-1,213,220
| -60% | -$16M |
|
831
Semtech
SMTC
$10.7B
| $10.4M | 0.02% |
435,282
-64,620
| -13% | -$1.47M |
|
832
CALL
Delta Air Lines
DAL
$58.3B
| $10.4M | 0.02% |
+285,000
| New | +$12.1M |
|
|
WFT
833
DELISTED
Weatherford International plc
WFT
| $10.4M | 0.02% |
1,867,231
-8,032,697
| -81% | -$52.4M |
|
834
Telephone and Data Systems
TDS
$3.82B
| $10.4M | 0.02% |
349,353
+2,796
| +0.8% | +$80.4K |
|
|
TSRO
835
DELISTED
TESARO, Inc.
TSRO
| $10.4M | 0.02% |
123,151
+51,384
| +72% | +$2.29M |
|
836
Boston Properties
BXP
$11.4B
| $10.3M | 0.02% |
+78,331
| New | +$10.1M |
|
|
CLDT
837
Chatham Lodging
CLDT
$622M
| $10.3M | 0.02% |
468,443
+310,047
| +196% | +$6.61M |
|
|
TRVN
838
DELISTED
Trevena, Inc.
TRVN
| $10.3M | 0.02% |
2,615
+73
| +3% | +$343K |
|
839
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.69B
| $10.3M | 0.02% |
7,892
-7,551
| -49% | -$9.39M |
|
840
HUB Group
HUBG
$2.78B
| $10.2M | 0.02% |
533,974
-1,053,578
| -66% | -$20.6M |
|
|
TTSH
841
DELISTED
Tile Shop Holdings
TTSH
| $10.2M | 0.02% |
512,691
+370,695
| +261% | +$6.56M |
|
|
EOCC
842
DELISTED
Enel Generacion Chile S.A.
EOCC
| $10.2M | 0.02% |
366,858
+153,890
| +72% | +$4.16M |
|
843
CALL
CF Industries
CF
$19.3B
| $10.1M | 0.02% |
421,100
+381,100
| +953% | +$11.3M |
|
844
Liberty Global Class A
LBTYA
$3.56B
| $10.1M | 0.02% |
346,330
+181,800
| +110% | +$5.9M |
|
|
SUM
845
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $10M | 0.02% |
512,431
+81,424
| +19% | +$1.63M |
|
846
Wendy's
WEN
$1.4B
| $10M | 0.02% |
1,041,806
-2,022,540
| -66% | -$21.2M |
|
|
XENT
847
DELISTED
Intersect ENT, Inc
XENT
| $10M | 0.02% |
+773,639
| New | +$12.1M |
|
848
PUT
Edwards Lifesciences
EW
$50B
| $9.97M | 0.02% |
300,000
-60,000
| -17% | -$2.05M |
|
849
Apple Hospitality REIT
APLE
$3.92B
| $9.96M | 0.02% |
+529,235
| New | +$9.91M |
|
850
Eversource Energy
ES
$27.8B
| $9.95M | 0.02% |
166,131
+100,831
| +154% | +$5.7M |
|
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Millennium Management's Q2 2016 Portfolio in Review
As of Q2 2016, Millennium Management held 3,988 positions worth $43.7B, up 9.2% from $40B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Millennium Management deployed $1.99B of net new capital in Q2 2016, opening 776 new positions and adding to 1,172 existing holdings. Its largest new stake was Amazon: 8,232,420 shares worth $295M.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 12% a quarter earlier, followed by Energy and Financials.
On the sell side, the largest reduction was Yahoo Inc, an estimated $241M trimmed.
- Millennium Management's largest Q2 2016 buy was Amazon: 8,232,420 shares worth $295M.
- Millennium Management added most to Charter Communications in Q2 2016, an estimated $218M increase.
- Millennium Management's biggest Q2 2016 reduction was Yahoo Inc, cutting an estimated $241M.
- Millennium Management fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $108M.
- Millennium Management's ten largest holdings make up 11% of its $43.7B portfolio in Q2 2016.
- Millennium Management opened 776 new positions and closed 860 in Q2 2016.
- Millennium Management's portfolio value rose 9.2% quarter-over-quarter to $43.7B.
Based on Millennium Management's 13F filing for Q2 2016, filed 15 Aug 2016.