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 | |
|---|---|---|---|---|---|---|
1626
Galicia Financial Group
GGAL
$7.9B
| $3.18M | 0.01% |
102,207
+77,827
| +319% | +$2.34M |
|
1627
OSI Systems
OSIS
$3.64B
| $3.17M | 0.01% |
48,569
+20,015
| +70% | +$1.26M |
|
|
MBFI
1628
DELISTED
MB Financial Corp
MBFI
| $3.17M | 0.01% |
83,409
+72,730
| +681% | +$2.78M |
|
1629
Enviri
NVRI
$623M
| $3.17M | 0.01% |
319,468
-106,416
| -25% | -$1.01M |
|
|
AAN.A
1630
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $3.17M | 0.01% |
124,749
-142,916
| -53% | -$3.63M |
|
|
TYPE
1631
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $3.16M | 0.01% |
143,112
+118,683
| +486% | +$2.58M |
|
|
TERP
1632
DELISTED
TerraForm Power, Inc
TERP
| $3.15M | 0.01% |
+226,734
| New | +$2.84M |
|
1633
Hyatt Hotels
H
$17.8B
| $3.14M | 0.01% |
63,874
-233,505
| -79% | -$12M |
|
|
CUDA
1634
DELISTED
Barracuda Networks, Inc.
CUDA
| $3.14M | 0.01% |
123,314
+9,260
| +8% | +$203K |
|
1635
Griffon
GFF
$4.29B
| $3.14M | 0.01% |
184,639
+128,981
| +232% | +$2.2M |
|
|
DRRX
1636
DELISTED
DURECT Corp
DRRX
| $3.14M | 0.01% |
225,647
+190,427
| +541% | +$3.13M |
|
|
BMCH
1637
DELISTED
BMC Stock Holdings, Inc
BMCH
| $3.13M | 0.01% |
+176,432
| New | +$3.44M |
|
1638
PUT
Merck
MRK
$326B
| $3.12M | 0.01% |
52,400
-262,000
| -83% | -$15.3M |
|
1639
Hackett Group
HCKT
$266M
| $3.12M | 0.01% |
188,766
-149,173
| -44% | -$2.28M |
|
1640
IDEX
IEX
$16.6B
| $3.11M | 0.01% |
+33,220
| New | +$3M |
|
|
RAVN
1641
DELISTED
Raven Industries Inc
RAVN
| $3.1M | 0.01% |
+134,787
| New | +$2.91M |
|
1642
Hercules Capital
HTGC
$3.04B
| $3.1M | 0.01% |
228,732
+142,812
| +166% | +$1.9M |
|
1643
Repligen
RGEN
$7.11B
| $3.1M | 0.01% |
102,660
-36,242
| -26% | -$1.09M |
|
1644
ABM Industries
ABM
$2.88B
| $3.09M | 0.01% |
77,882
+13,673
| +21% | +$520K |
|
1645
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.5B
| $3.09M | 0.01% |
55,538
+42,734
| +334% | +$2.38M |
|
1646
CEMIG Preferred Shares
CIG
$6.21B
| $3.08M | 0.01% |
2,335,263
+1,959,578
| +522% | +$2.7M |
|
|
BNFT
1647
DELISTED
Benefitfocus, Inc.
BNFT
| $3.07M | 0.01% |
76,932
+51,689
| +205% | +$2.12M |
|
|
AEL
1648
DELISTED
American Equity Investment Life Holding Company
AEL
| $3.06M | 0.01% |
172,839
+55,072
| +47% | +$909K |
|
1649
Brookfield
BN
$104B
| $3.05M | 0.01% |
243,179
-231,043
| -49% | -$2.83M |
|
1650
Illumina
ILMN
$29.2B
| $3.05M | 0.01% |
+17,255
| New | +$2.76M |
|
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.