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 | |
|---|---|---|---|---|---|---|
|
GWPH
1551
PUT
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $3.65M | 0.01% |
+27,500
| New | +$2.63M |
|
1552
Amkor Technology
AMKR
$11.3B
| $3.65M | 0.01% |
+375,363
| New | +$3.01M |
|
|
MCHB
1553
Mechanics Bancorp
MCHB
$3.58B
| $3.65M | 0.01% |
145,508
+132,460
| +1,015% | +$3.12M |
|
|
SKX
1554
DELISTED
Skechers
SKX
| $3.64M | 0.01% |
158,967
-124,450
| -44% | -$3.17M |
|
1555
A10 Networks
ATEN
$2.12B
| $3.64M | 0.01% |
340,240
-76,157
| -18% | -$666K |
|
1556
iShares S&P 500 Growth ETF
IVW
$71.1B
| $3.63M | 0.01% |
119,300
+30,324
| +34% | +$919K |
|
1557
Clearwater Paper
CLW
$343M
| $3.63M | 0.01% |
56,090
-83,876
| -60% | -$5.3M |
|
|
HZNP
1558
CALL
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $3.63M | 0.01% |
+200,000
| New | +$3.91M |
|
|
ORBK
1559
DELISTED
Orbotech Ltd
ORBK
| $3.63M | 0.01% |
122,425
-16,308
| -12% | -$462K |
|
1560
Strategy Inc
MSTR
$35.2B
| $3.62M | 0.01% |
216,380
-288,960
| -57% | -$4.97M |
|
1561
PUT
Reliance Steel & Aluminium
RS
$20.9B
| $3.6M | 0.01% |
+50,000
| New | +$3.75M |
|
1562
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.4B
| $3.59M | 0.01% |
29,178
-31,572
| -52% | -$3.89M |
|
|
ADPT
1563
DELISTED
Adeptus Health Inc
ADPT
| $3.59M | 0.01% |
+83,427
| New | +$3.76M |
|
|
EV
1564
DELISTED
Eaton Vance Corp.
EV
| $3.58M | 0.01% |
91,667
-73,696
| -45% | -$2.82M |
|
1565
United States Oil Fund
USO
$2.14B
| $3.56M | 0.01% |
40,774
+22,316
| +121% | +$1.87M |
|
1566
Regeneron Pharmaceuticals
REGN
$73.4B
| $3.56M | 0.01% |
8,865
-59,606
| -87% | -$23.9M |
|
1567
Rapid7
RPD
$627M
| $3.55M | 0.01% |
201,331
+150,011
| +292% | +$2.35M |
|
1568
Vanguard Long-Term Bond ETF
BLV
$5.8B
| $3.54M | 0.01% |
35,936
+8,604
| +31% | +$851K |
|
|
BID
1569
DELISTED
Sotheby's
BID
| $3.54M | 0.01% |
+93,048
| New | +$3.29M |
|
1570
SLR Investment Corp
SLRC
$708M
| $3.54M | 0.01% |
172,374
+48,377
| +39% | +$973K |
|
1571
Unifirst Corp
UNF
$5.52B
| $3.53M | 0.01% |
26,794
-42,067
| -61% | -$5.18M |
|
1572
Carpenter Technology
CRS
$26.8B
| $3.53M | 0.01% |
85,546
-139,514
| -62% | -$5.26M |
|
1573
OraSure Technologies
OSUR
$278M
| $3.53M | 0.01% |
442,870
+230,418
| +108% | +$1.71M |
|
1574
SouthState Bank Corp
SSB
$10.3B
| $3.53M | 0.01% |
47,030
-16,300
| -26% | -$1.19M |
|
1575
Daktronics
DAKT
$932M
| $3.53M | 0.01% |
+369,584
| New | +$2.94M |
|
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.