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 | |
|---|---|---|---|---|---|---|
1351
State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
$352M
| $4.88M | 0.01% |
25,604
+5,250
| +26% | +$941K |
|
|
AD
1352
Array Digital Infrastructure
AD
$3.04B
| $4.87M | 0.01% |
133,902
+80,444
| +150% | +$3.1M |
|
|
IMGN
1353
DELISTED
Immunogen Inc
IMGN
| $4.86M | 0.01% |
1,814,320
+189,812
| +12% | +$552K |
|
1354
Moog Inc Class A
MOG.A
$12.4B
| $4.85M | 0.01% |
81,440
+70,636
| +654% | +$4.03M |
|
|
WRK
1355
PUT
DELISTED
WestRock Company
WRK
| $4.85M | 0.01% |
100,000
| – | – |
|
|
IM
1356
DELISTED
Ingram Micro
IM
| $4.84M | 0.01% |
+135,873
| New | +$4.72M |
|
|
AVX
1357
DELISTED
AVX Corporation
AVX
| $4.84M | 0.01% |
351,201
+287,211
| +449% | +$3.92M |
|
1358
Unisys
UIS
$252M
| $4.81M | 0.01% |
493,681
-135,709
| -22% | -$1.26M |
|
1359
PUT
International Paper
IP
$22.6B
| $4.8M | 0.01% |
+105,600
| New | +$4.66M |
|
1360
Chemed
CHE
$7.16B
| $4.79M | 0.01% |
33,979
+22,133
| +187% | +$3.08M |
|
1361
Asbury Automotive
ABG
$4.62B
| $4.77M | 0.01% |
85,715
+79,499
| +1,279% | +$4.43M |
|
|
VER
1362
DELISTED
VEREIT, Inc.
VER
| $4.76M | 0.01% |
91,863
-143,725
| -61% | -$7.48M |
|
|
LMOS
1363
DELISTED
Lumos Networks Corp
LMOS
| $4.7M | 0.01% |
336,009
+75,452
| +29% | +$989K |
|
|
RUTH
1364
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $4.7M | 0.01% |
333,099
+155,207
| +87% | +$2.37M |
|
1365
iShare MSCI Eurozone ETF
EZU
$9.38B
| $4.7M | 0.01% |
+136,200
| New | +$4.59M |
|
|
MTOR
1366
DELISTED
MERITOR, Inc.
MTOR
| $4.7M | 0.01% |
+422,085
| New | +$4.11M |
|
1367
EastGroup Properties
EGP
$11.2B
| $4.69M | 0.01% |
63,750
+48,693
| +323% | +$3.52M |
|
1368
Invesco DB US Dollar Index Bullish Fund
UUP
$423M
| $4.69M | 0.01% |
190,000
| – | – |
|
1369
GoDaddy
GDDY
$13.9B
| $4.68M | 0.01% |
135,541
-126,938
| -48% | -$4.05M |
|
1370
Raymond James Financial
RJF
$33.5B
| $4.68M | 0.01% |
+120,608
| New | +$4.44M |
|
1371
Service Corp International
SCI
$11.8B
| $4.68M | 0.01% |
176,309
-55,516
| -24% | -$1.5M |
|
|
ETP
1372
DELISTED
Energy Transfer Partners L.p.
ETP
| $4.68M | 0.01% |
126,403
+3,531
| +3% | +$139K |
|
|
VXX
1373
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $4.67M | 0.01% |
34,290
+17,498
| +104% | +$2.8M |
|
1374
WSFS Financial
WSFS
$4.14B
| $4.66M | 0.01% |
127,715
+84,217
| +194% | +$3.04M |
|
1375
Valley National Bancorp
VLY
$7.9B
| $4.66M | 0.01% |
478,832
-4,460,437
| -90% | -$41.7M |
|
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.