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 |
Amazon
AMZN
|
+$278M |
| 2 |
Charter Communications
CHTR
|
+$218M |
| 3 |
Exelon
EXC
|
+$197M |
| 4 |
Halliburton
HAL
|
+$192M |
| 5 |
AET
Aetna Inc
AET
|
+$173M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$241M |
| 2 |
DISH
DISH Network Corp.
DISH
|
+$235M |
| 3 |
Expedia Group
EXPE
|
+$188M |
| 4 |
AT&T
T
|
+$181M |
| 5 |
WR
Westar Energy Inc
WR
|
+$172M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.94% |
| 2 | Energy | 9.47% |
| 3 | Financials | 9.35% |
| 4 | Industrials | 8.03% |
| 5 | Technology | 8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1501
Primoris Services
PRIM
$4.15B
| $3.31M | 0.01% |
+174,663
| New | +$3.77M |
|
|
PGEM
1502
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $3.3M | 0.01% |
226,438
-48,641
| -18% | -$712K |
|
|
CAMP
1503
DELISTED
CalAmp Corp.
CAMP
| $3.3M | 0.01% |
+9,683
| New | +$3.4M |
|
|
EXK
1504
Endeavour Silver
EXK
$2.21B
| $3.29M | 0.01% |
832,436
-142,625
| -15% | -$496K |
|
1505
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $3.28M | 0.01% |
38,756
-147,791
| -79% | -$12.3M |
|
|
ACAS
1506
DELISTED
American Capital Ltd
ACAS
| $3.28M | 0.01% |
206,973
-1,520,447
| -88% | -$24M |
|
1507
Pitney Bowes
PBI
$2.43B
| $3.26M | 0.01% |
183,344
+126,804
| +224% | +$2.44M |
|
1508
iShares MSCI Italy ETF
EWI
$985M
| $3.25M | 0.01% |
+150,000
| New | +$3.57M |
|
1509
Polaris
PII
$3.79B
| $3.25M | 0.01% |
+39,798
| New | +$3.53M |
|
|
ENLC
1510
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $3.25M | 0.01% |
204,202
-35,934
| -15% | -$513K |
|
1511
PUT
FMC
FMC
$1.3B
| $3.24M | 0.01% |
80,710
-57,650
| -42% | -$2.26M |
|
|
BBBY
1512
PUT
DELISTED
Bed Bath & Beyond Inc
BBBY
| $3.24M | 0.01% |
+75,000
| New | +$3.4M |
|
|
HTWR
1513
DELISTED
HEARTWARE INTERNATIONAL INC COM STK (DE)
HTWR
| $3.23M | 0.01% |
55,954
-95,885
| -63% | -$3.14M |
|
|
BBG
1514
DELISTED
Bill Barrett Corp
BBG
| $3.23M | 0.01% |
504,759
+82,646
| +20% | +$603K |
|
1515
NETSCOUT
NTCT
$2.82B
| $3.22M | 0.01% |
144,559
+95,842
| +197% | +$2.22M |
|
|
AAMI
1516
Acadian Asset Management
AAMI
$2.83B
| $3.22M | 0.01% |
240,871
+109,728
| +84% | +$1.53M |
|
1517
ASE Group
ASX
$69.9B
| $3.21M | 0.01% |
576,121
+267,376
| +87% | +$1.41M |
|
|
CBF
1518
DELISTED
Capital Bank Financial Corp. Class A Common Stock
CBF
| $3.21M | 0.01% |
111,606
-44,791
| -29% | -$1.36M |
|
|
FNGN
1519
DELISTED
Financial Engines, Inc.
FNGN
| $3.21M | 0.01% |
+123,940
| New | +$3.56M |
|
|
LFC
1520
DELISTED
China Life Insurance Company Ltd.
LFC
| $3.2M | 0.01% |
297,644
+44,409
| +18% | +$498K |
|
|
UNTD
1521
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $3.2M | 0.01% |
290,886
+104,904
| +56% | +$1.16M |
|
|
BFS
1522
Saul Centers
BFS
$865M
| $3.2M | 0.01% |
51,822
-5,238
| -9% | -$292K |
|
1523
Halozyme
HALO
$9.83B
| $3.2M | 0.01% |
370,285
+77,857
| +27% | +$768K |
|
1524
Lazard
LAZ
$4.01B
| $3.2M | 0.01% |
107,304
-501,107
| -82% | -$17.4M |
|
|
CNCE
1525
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $3.19M | 0.01% |
284,421
-283,447
| -50% | -$3.61M |
|
Similar funds
Millennium Management's Q2 2016 Portfolio in Review
As of Q2 2016, Millennium Management held 3,988 positions worth $43.7B, up 9.2% from $40B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Millennium Management deployed $1.99B of net new capital in Q2 2016, opening 776 new positions and adding to 1,172 existing holdings. Its largest new stake was Amazon: 8,232,420 shares worth $295M.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 12% a quarter earlier, followed by Energy and Financials.
On the sell side, the largest reduction was Yahoo Inc, an estimated $241M trimmed.
- Millennium Management's largest Q2 2016 buy was Amazon: 8,232,420 shares worth $295M.
- Millennium Management added most to Charter Communications in Q2 2016, an estimated $218M increase.
- Millennium Management's biggest Q2 2016 reduction was Yahoo Inc, cutting an estimated $241M.
- Millennium Management fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $108M.
- Millennium Management's ten largest holdings make up 11% of its $43.7B portfolio in Q2 2016.
- Millennium Management opened 776 new positions and closed 860 in Q2 2016.
- Millennium Management's portfolio value rose 9.2% quarter-over-quarter to $43.7B.
Based on Millennium Management's 13F filing for Q2 2016, filed 15 Aug 2016.