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 | |
|---|---|---|---|---|---|---|
1176
Open Text
OTEX
$6.28B
| $6.42M | 0.01% |
197,934
+33,128
| +20% | +$1.04M |
|
|
SFUN
1177
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $6.41M | 0.01% |
+28,528
| New | +$6.83M |
|
|
BV
1178
DELISTED
Bazaarvoice, Inc.
BV
| $6.4M | 0.01% |
1,083,361
+239,975
| +28% | +$1.06M |
|
1179
Kosmos Energy
KOS
$1.47B
| $6.4M | 0.01% |
998,172
+335,748
| +51% | +$1.96M |
|
1180
Outfront Media
OUT
$5.75B
| $6.39M | 0.01% |
274,643
+62,648
| +30% | +$1.41M |
|
1181
CALL
Waste Management
WM
$95B
| $6.38M | 0.01% |
+100,000
| New | +$6.54M |
|
|
BPL
1182
DELISTED
Buckeye Partners, L.P.
BPL
| $6.37M | 0.01% |
89,013
+58,013
| +187% | +$4.13M |
|
|
FLY
1183
DELISTED
Fly Leasing Limited
FLY
| $6.37M | 0.01% |
549,715
-345,065
| -39% | -$3.98M |
|
|
MGLN
1184
DELISTED
Magellan Health Services, Inc.
MGLN
| $6.37M | 0.01% |
118,537
-45,848
| -28% | -$2.76M |
|
1185
Aflac
AFL
$65.5B
| $6.37M | 0.01% |
177,168
+62,948
| +55% | +$2.29M |
|
1186
ENI
E
$78.1B
| $6.37M | 0.01% |
220,459
+179,071
| +433% | +$5.45M |
|
|
VG
1187
DELISTED
Vonage Holdings Corporation
VG
| $6.35M | 0.01% |
960,422
-1,126,445
| -54% | -$6.77M |
|
1188
MarketAxess Holdings
MKTX
$4.47B
| $6.34M | 0.01% |
38,303
-26,729
| -41% | -$4.34M |
|
|
NE
1189
CALL
DELISTED
Noble Corporation
NE
| $6.34M | 0.01% |
+1,000,000
| New | +$6.72M |
|
1190
Credicorp
BAP
$30.5B
| $6.34M | 0.01% |
41,641
+16,379
| +65% | +$2.58M |
|
1191
Zebra Technologies
ZBRA
$13.5B
| $6.32M | 0.01% |
90,809
-38,733
| -30% | -$2.38M |
|
1192
Equity Residential
EQR
$25.8B
| $6.31M | 0.01% |
98,117
-207,577
| -68% | -$13.8M |
|
|
PINC
1193
DELISTED
Premier
PINC
| $6.31M | 0.01% |
195,115
-36,811
| -16% | -$1.19M |
|
1194
Interface
TILE
$1.95B
| $6.3M | 0.01% |
377,611
+303,815
| +412% | +$5.07M |
|
|
AIRM
1195
PUT
DELISTED
Air Methods Corp
AIRM
| $6.3M | 0.01% |
+200,000
| New | +$6.81M |
|
1196
HubSpot
HUBS
$12.9B
| $6.29M | 0.01% |
109,137
+18,656
| +21% | +$1.01M |
|
1197
PJT Partners
PJT
$4.26B
| $6.29M | 0.01% |
+230,520
| New | +$5.78M |
|
1198
Tandem Diabetes Care
TNDM
$1.27B
| $6.28M | 0.01% |
82,031
-6,669
| -8% | -$486K |
|
1199
Old National Bancorp
ONB
$10.2B
| $6.28M | 0.01% |
446,759
+339,203
| +315% | +$4.58M |
|
|
SHOR
1200
DELISTED
ShoreTel, Inc.
SHOR
| $6.27M | 0.01% |
784,258
+693,096
| +760% | +$5.42M |
|
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.