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 | |
|---|---|---|---|---|---|---|
1151
Energy Recovery
ERII
$420M
| $6.77M | 0.01% |
423,799
-505,734
| -54% | -$6.15M |
|
|
TMHC
1152
DELISTED
Taylor Morrison
TMHC
| $6.77M | 0.01% |
384,591
-372,686
| -49% | -$6.29M |
|
1153
TIM SA
TIMB
$9.1B
| $6.75M | 0.01% |
551,588
+335,554
| +155% | +$4.14M |
|
1154
PUT
Bristol-Myers Squibb
BMY
$129B
| $6.74M | 0.01% |
+125,000
| New | +$8.03M |
|
|
FBR
1155
DELISTED
Fibria Celulose Sa
FBR
| $6.74M | 0.01% |
952,951
-1,061,260
| -53% | -$7.03M |
|
1156
Edgewell Personal Care
EPC
$1.3B
| $6.73M | 0.01% |
84,609
+24,475
| +41% | +$1.97M |
|
|
STL
1157
DELISTED
Sterling Bancorp
STL
| $6.71M | 0.01% |
+383,486
| New | +$6.52M |
|
|
IBTX
1158
DELISTED
Independent Bank Group, Inc.
IBTX
| $6.71M | 0.01% |
151,796
+116,786
| +334% | +$5.02M |
|
1159
Aon
AON
$80.6B
| $6.69M | 0.01% |
59,439
-128,464
| -68% | -$14.2M |
|
1160
Plains All American Pipeline
PAA
$17.6B
| $6.66M | 0.01% |
211,989
+193,489
| +1,046% | +$5.53M |
|
|
BGG
1161
DELISTED
Briggs & Stratton Corp.
BGG
| $6.66M | 0.01% |
357,033
+104,843
| +42% | +$2.16M |
|
1162
Regenxbio
RGNX
$616M
| $6.64M | 0.01% |
473,852
+411,059
| +655% | +$4.54M |
|
1163
CALL
State Street SPDR S&P Biotech ETF
XBI
$10B
| $6.63M | 0.01% |
+100,000
| New | +$6.19M |
|
|
NYRT
1164
DELISTED
New York REIT, Inc.
NYRT
| $6.62M | 0.01% |
72,380
+51,512
| +247% | +$4.92M |
|
1165
Northwest Natural Holdings
NWN
$2.15B
| $6.62M | 0.01% |
110,144
-43,325
| -28% | -$2.71M |
|
1166
Toll Brothers
TOL
$14B
| $6.6M | 0.01% |
221,084
-1,028,225
| -82% | -$29.7M |
|
1167
Boston Properties
BXP
$11.6B
| $6.58M | 0.01% |
48,305
-30,026
| -38% | -$4.17M |
|
|
UNVR
1168
DELISTED
Univar Solutions Inc.
UNVR
| $6.58M | 0.01% |
301,084
-562,318
| -65% | -$11M |
|
|
GNMK
1169
DELISTED
GenMark Diagnostics, Inc
GNMK
| $6.57M | 0.01% |
+556,938
| New | +$5.38M |
|
|
ODP
1170
DELISTED
ODP
ODP
| $6.54M | 0.01% |
183,195
-134,554
| -42% | -$4.77M |
|
1171
CALL
State Street SPDR S&P Retail ETF
XRT
$457M
| $6.53M | 0.01% |
+150,000
| New | +$6.64M |
|
|
LTM
1172
DELISTED
LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
| $6.51M | 0.01% |
+801,246
| New | +$6.59M |
|
1173
Banco Macro
BMA
$5.81B
| $6.49M | 0.01% |
82,973
+75,624
| +1,029% | +$5.75M |
|
1174
Church & Dwight Co
CHD
$23.7B
| $6.49M | 0.01% |
135,334
-86,860
| -39% | -$4.29M |
|
1175
First Trust Global Tactical Commodity Strategy Fund
FTGC
$2.97B
| $6.45M | 0.01% |
+313,500
| New | +$6.6M |
|
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.