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 | |
|---|---|---|---|---|---|---|
1426
U-Haul Holding Co
UHAL
$14B
| $4.31M | 0.01% |
133,030
+93,160
| +234% | +$3.33M |
|
1427
AAR Corp
AIR
$5.37B
| $4.31M | 0.01% |
137,590
+34,183
| +33% | +$869K |
|
|
AAC
1428
DELISTED
AAC Holdings
AAC
| $4.31M | 0.01% |
247,665
+127,507
| +106% | +$2.51M |
|
|
MSGN
1429
DELISTED
MSG Networks Inc.
MSGN
| $4.3M | 0.01% |
231,261
-393,088
| -63% | -$6.65M |
|
|
DST
1430
DELISTED
DST Systems Inc.
DST
| $4.29M | 0.01% |
+72,832
| New | +$4.41M |
|
1431
Advanced Energy
AEIS
$10.1B
| $4.29M | 0.01% |
90,702
-37,111
| -29% | -$1.58M |
|
|
SC
1432
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $4.29M | 0.01% |
+352,836
| New | +$4.07M |
|
|
SE
1433
CALL
DELISTED
Spectra Energy Corp Wi
SE
| $4.28M | 0.01% |
+100,000
| New | +$3.81M |
|
1434
Dana Inc
DAN
$2.89B
| $4.27M | 0.01% |
+273,693
| New | +$3.73M |
|
|
NTT
1435
DELISTED
Nippon Telegraph & Telephone
NTT
| $4.26M | 0.01% |
93,096
-199,080
| -68% | -$9.29M |
|
|
PKY
1436
DELISTED
Parkway, Inc.
PKY
| $4.26M | 0.01% |
+250,471
| New | +$4.36M |
|
|
EXAR
1437
DELISTED
Exar Corporation
EXAR
| $4.26M | 0.01% |
457,469
+354,590
| +345% | +$3.09M |
|
|
PARA
1438
DELISTED
Paramount Global Class B
PARA
| $4.25M | 0.01% |
77,687
-1,701,928
| -96% | -$90.3M |
|
1439
Independence Realty Trust
IRT
$3.98B
| $4.24M | 0.01% |
471,465
+434,424
| +1,173% | +$4.05M |
|
1440
UGI
UGI
$7.83B
| $4.24M | 0.01% |
+93,708
| New | +$4.28M |
|
1441
Generac Holdings
GNRC
$11.5B
| $4.23M | 0.01% |
116,498
+101,612
| +683% | +$3.68M |
|
1442
iShares S&P 100 ETF
OEF
$19.5B
| $4.22M | 0.01% |
43,945
+22,756
| +107% | +$2.18M |
|
1443
Packaging Corp of America
PKG
$22.1B
| $4.21M | 0.01% |
+51,870
| New | +$3.96M |
|
|
SUP
1444
DELISTED
Superior Industries International
SUP
| $4.2M | 0.01% |
144,134
-32,451
| -18% | -$943K |
|
|
MTSC
1445
DELISTED
MTS Systems Corp
MTSC
| $4.2M | 0.01% |
91,141
+33,498
| +58% | +$1.58M |
|
|
TRIB
1446
Trinity Biotech
TRIB
$9.2M
| $4.18M | 0.01% |
2,109
+515
| +32% | +$962K |
|
1447
Navient
NAVI
$821M
| $4.18M | 0.01% |
288,682
+233,290
| +421% | +$3.25M |
|
|
NVRO
1448
CALL
DELISTED
NEVRO CORP.
NVRO
| $4.18M | 0.01% |
40,000
+20,000
| +100% | +$1.81M |
|
|
IMMU
1449
DELISTED
Immunomedics Inc
IMMU
| $4.15M | 0.01% |
1,277,794
+1,018,032
| +392% | +$2.85M |
|
1450
Cadence Design Systems
CDNS
$91.9B
| $4.15M | 0.01% |
162,573
-183,335
| -53% | -$4.59M |
|
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.