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 | |
|---|---|---|---|---|---|---|
|
AMTD
1576
CALL
DELISTED
TD Ameritrade Holding Corp
AMTD
| $3.52M | 0.01% |
+100,000
| New | +$3.12M |
|
|
AMWD
1577
DELISTED
American Woodmark
AMWD
| $3.52M | 0.01% |
+43,680
| New | +$3.41M |
|
1578
Hanmi Financial
HAFC
$943M
| $3.52M | 0.01% |
133,431
+21,610
| +19% | +$544K |
|
1579
Ceco Environmental
CECO
$3.74B
| $3.51M | 0.01% |
311,155
+168,327
| +118% | +$1.71M |
|
|
CVG
1580
DELISTED
Convergys
CVG
| $3.51M | 0.01% |
115,297
-578,242
| -83% | -$16.4M |
|
1581
Progress Software
PRGS
$1.72B
| $3.5M | 0.01% |
128,807
+113,584
| +746% | +$3.25M |
|
|
GOOD
1582
Gladstone Commercial Corp
GOOD
$626M
| $3.49M | 0.01% |
187,271
+58,115
| +45% | +$1.04M |
|
1583
CALL
Vertex Pharmaceuticals
VRTX
$125B
| $3.49M | 0.01% |
40,000
-10,000
| -20% | -$945K |
|
1584
Ultrapar
UGP
$6.75B
| $3.49M | 0.01% |
+318,638
| New | +$3.56M |
|
|
JWN
1585
DELISTED
Nordstrom
JWN
| $3.48M | 0.01% |
67,053
-119,879
| -64% | -$5.63M |
|
1586
TFS Financial
TFSL
$5.14B
| $3.48M | 0.01% |
195,215
+71,608
| +58% | +$1.29M |
|
1587
Flowserve
FLS
$9.01B
| $3.47M | 0.01% |
71,978
-586,528
| -89% | -$27.8M |
|
1588
Humana
HUM
$42.9B
| $3.47M | 0.01% |
19,616
-45,708
| -70% | -$7.93M |
|
|
OSB
1589
DELISTED
Norbord Inc.
OSB
| $3.46M | 0.01% |
134,433
-12,597
| -9% | -$299K |
|
1590
Kulicke & Soffa
KLIC
$4.46B
| $3.43M | 0.01% |
265,055
-44,986
| -15% | -$564K |
|
1591
PTC Therapeutics
PTCT
$6.21B
| $3.43M | 0.01% |
244,537
+192,535
| +370% | +$1.57M |
|
|
AGTC
1592
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $3.42M | 0.01% |
349,730
+268,078
| +328% | +$3.62M |
|
1593
Petrobras Class A
PBR.A
$106B
| $3.41M | 0.01% |
410,023
-1,467,544
| -78% | -$11M |
|
1594
State Street SPDR S&P Retail ETF
XRT
$457M
| $3.41M | 0.01% |
+78,200
| New | +$3.46M |
|
|
HTLF
1595
DELISTED
Heartland Financial USA, Inc.
HTLF
| $3.4M | 0.01% |
94,112
+26,791
| +40% | +$966K |
|
1596
Rocket Pharmaceuticals
RCKT
$334M
| $3.39M | 0.01% |
89,447
+54,930
| +159% | +$1.73M |
|
1597
iShares Preferred and Income Securities ETF
PFF
$13.2B
| $3.39M | 0.01% |
85,816
+8,405
| +11% | +$335K |
|
1598
RPM International
RPM
$13.9B
| $3.39M | 0.01% |
+63,043
| New | +$3.35M |
|
1599
CALL
Eastman Chemical
EMN
$7.69B
| $3.38M | 0.01% |
50,000
-6,000
| -11% | -$403K |
|
1600
American Financial Group
AFG
$12B
| $3.37M | 0.01% |
44,992
-66,357
| -60% | -$4.89M |
|
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.