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 | |
|---|---|---|---|---|---|---|
|
NPKI
1001
NPK International
NPKI
$1.02B
| $8.85M | 0.01% |
1,202,683
-788,742
| -40% | -$5.21M |
|
1002
Atlassian
TEAM
$26.5B
| $8.83M | 0.01% |
+294,551
| New | +$8.62M |
|
|
FRAN
1003
DELISTED
Francesca's Holdings Corporation
FRAN
| $8.82M | 0.01% |
47,643
+17,966
| +61% | +$2.94M |
|
1004
Wynn Resorts
WYNN
$10.3B
| $8.79M | 0.01% |
+90,175
| New | +$8.8M |
|
|
CRR
1005
DELISTED
Carbo Ceramics Inc.
CRR
| $8.78M | 0.01% |
802,849
-296,344
| -27% | -$3.81M |
|
|
TCF
1006
DELISTED
TCF Financial Corporation
TCF
| $8.78M | 0.01% |
604,984
-216,901
| -26% | -$3M |
|
|
WSTC
1007
DELISTED
West Corporation
WSTC
| $8.76M | 0.01% |
396,896
-37,185
| -9% | -$832K |
|
|
ENIA
1008
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $8.75M | 0.01% |
1,068,819
-776,551
| -42% | -$6.67M |
|
1009
iShares Core US Aggregate Bond ETF
AGG
$138B
| $8.72M | 0.01% |
77,601
+60,601
| +356% | +$6.81M |
|
|
THS
1010
PUT
DELISTED
Treehouse Foods
THS
| $8.72M | 0.01% |
+100,000
| New | +$9.61M |
|
1011
Magna International
MGA
$18.8B
| $8.71M | 0.01% |
202,774
-68,952
| -25% | -$2.72M |
|
1012
Cohen & Steers
CNS
$4.2B
| $8.7M | 0.01% |
203,534
+112,493
| +124% | +$4.76M |
|
|
PNY
1013
DELISTED
PIEDMONT NATURAL GAS CO INC(NC
PNY
| $8.69M | 0.01% |
144,662
+56,408
| +64% | +$3.38M |
|
1014
TTM Technologies
TTMI
$10.6B
| $8.68M | 0.01% |
757,650
+639,204
| +540% | +$6.32M |
|
1015
iShares MSCI Turkey ETF
TUR
$201M
| $8.67M | 0.01% |
+228,898
| New | +$8.85M |
|
1016
PUT
Leidos
LDOS
$14.4B
| $8.66M | 0.01% |
+200,000
| New | +$9.08M |
|
1017
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $8.65M | 0.01% |
73,838
+63,062
| +585% | +$7.35M |
|
1018
Arch Capital
ACGL
$36.5B
| $8.65M | 0.01% |
327,441
+275,913
| +535% | +$7.02M |
|
1019
CALL
Arista Networks
ANET
$199B
| $8.51M | 0.01% |
+1,600,000
| New | +$7.62M |
|
1020
Karyopharm Therapeutics
KPTI
$155M
| $8.48M | 0.01% |
58,124
+10,517
| +22% | +$1.26M |
|
1021
Fastenal
FAST
$54.8B
| $8.48M | 0.01% |
+811,864
| New | +$8.64M |
|
|
MEG
1022
DELISTED
Media General, Inc
MEG
| $8.48M | 0.01% |
+459,974
| New | +$8.15M |
|
1023
Transocean
RIG
$5.48B
| $8.47M | 0.01% |
794,412
-280,381
| -26% | -$2.96M |
|
|
BNCL
1024
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $8.46M | 0.01% |
575,233
+79,770
| +16% | +$1.13M |
|
|
BATS
1025
DELISTED
Bats Global Markets, Inc.
BATS
| $8.44M | 0.01% |
280,135
+62,537
| +29% | +$1.61M |
|
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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.