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 | |
|---|---|---|---|---|---|---|
851
Mercado Libre
MELI
$94.5B
| $11.6M | 0.02% |
62,834
+22,732
| +57% | +$3.77M |
|
852
Texas Roadhouse
TXRH
$13.7B
| $11.6M | 0.02% |
+297,659
| New | +$13.3M |
|
|
OTIC
853
DELISTED
Otonomy, Inc.
OTIC
| $11.6M | 0.02% |
638,402
-158,434
| -20% | -$2.59M |
|
854
PUT
iShares Biotechnology ETF
IBB
$9.45B
| $11.6M | 0.02% |
+120,000
| New | +$11.4M |
|
855
LKQ Corp
LKQ
$6.72B
| $11.6M | 0.02% |
326,052
-601,599
| -65% | -$20.9M |
|
856
ResMed
RMD
$31.1B
| $11.6M | 0.02% |
+178,439
| New | +$11.9M |
|
857
Exelixis
EXEL
$13.9B
| $11.5M | 0.02% |
902,160
-3,237,052
| -78% | -$35M |
|
858
Allegiant Air
ALGT
$2.57B
| $11.5M | 0.02% |
87,358
-6,065
| -6% | -$824K |
|
859
HUB Group
HUBG
$2.92B
| $11.5M | 0.02% |
565,236
+31,262
| +6% | +$636K |
|
860
Novavax
NVAX
$1.21B
| $11.5M | 0.02% |
276,415
+274,660
| +15,650% | +$35.5M |
|
861
Atlantic Union Bankshares
AUB
$6.05B
| $11.5M | 0.02% |
429,513
+175,577
| +69% | +$4.7M |
|
862
CALL
HF Sinclair
DINO
$16.2B
| $11.5M | 0.02% |
469,000
| – | – |
|
863
MasTec
MTZ
$22.7B
| $11.5M | 0.02% |
+386,183
| New | +$10.6M |
|
864
PUT
Johnson & Johnson
JNJ
$640B
| $11.5M | 0.02% |
+100,000
| New | +$12.1M |
|
865
AB InBev
BUD
$164B
| $11.4M | 0.02% |
87,052
-233,311
| -73% | -$29.5M |
|
|
TWTR
866
PUT
DELISTED
Twitter, Inc.
TWTR
| $11.4M | 0.02% |
+495,000
| New | +$9.31M |
|
|
QVCGA
867
CALL
DELISTED
QVC Group Inc Series A
QVCGA
| $11.4M | 0.02% |
+11,742
| New | +$12.9M |
|
|
MRT
868
DELISTED
MedEquities Realty Trust, Inc.
MRT
| $11.4M | 0.02% |
+970,528
| New | +$11.3M |
|
869
State Street Health Care Select Sector SPDR ETF
XLV
$42.9B
| $11.4M | 0.02% |
157,777
+28,374
| +22% | +$2.09M |
|
870
Citigroup
C
$213B
| $11.4M | 0.02% |
240,850
-558,925
| -70% | -$25.4M |
|
871
PUT
Vulcan Materials
VMC
$36.8B
| $11.4M | 0.02% |
100,000
+50,000
| +100% | +$5.89M |
|
872
Banco Bradesco
BBD
$37.4B
| $11.3M | 0.02% |
2,410,027
+1,680,541
| +230% | +$7.62M |
|
|
MDR
873
DELISTED
McDermott International
MDR
| $11.3M | 0.02% |
751,249
+203,530
| +37% | +$3.04M |
|
|
ECHO
874
EchoStar
ECHO
$24.3B
| $11.3M | 0.02% |
317,839
-126,697
| -29% | -$4.01M |
|
875
Jabil
JBL
$30.1B
| $11.3M | 0.02% |
517,240
-5,824
| -1% | -$121K |
|
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.