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 | |
|---|---|---|---|---|---|---|
|
AHT
1676
Ashford Hospitality Trust
AHT
$20.9M
| $2.92M | ﹤0.01% |
502
+462
| +1,155% | +$2.83M |
|
1677
PDS Biotechnology
PDSB
$38.6M
| $2.92M | ﹤0.01% |
14,044
+1,592
| +13% | +$315K |
|
|
TGI
1678
DELISTED
Triumph Group
TGI
| $2.92M | ﹤0.01% |
104,805
+98,564
| +1,579% | +$3.18M |
|
|
VSTO
1679
DELISTED
Vista Outdoor Inc.
VSTO
| $2.92M | ﹤0.01% |
73,174
-276,808
| -79% | -$12.2M |
|
1680
Vanguard Growth ETF
VUG
$216B
| $2.91M | ﹤0.01% |
155,724
+46,314
| +42% | +$862K |
|
1681
Diageo
DEO
$49.4B
| $2.91M | ﹤0.01% |
+25,093
| New | +$2.87M |
|
|
ISCA
1682
DELISTED
International Speedway Corp
ISCA
| $2.91M | ﹤0.01% |
87,069
+19,646
| +29% | +$666K |
|
|
SIEN
1683
DELISTED
Sientra, Inc.
SIEN
| $2.91M | ﹤0.01% |
32,352
-15,298
| -32% | -$1.19M |
|
1684
Glaukos
GKOS
$8.89B
| $2.91M | ﹤0.01% |
76,990
-299,507
| -80% | -$9.91M |
|
1685
CALL
Range Resources
RRC
$8.94B
| $2.91M | ﹤0.01% |
+75,000
| New | +$3.03M |
|
1686
Nabors Industries
NBR
$1.12B
| $2.89M | ﹤0.01% |
4,757
-3,016
| -39% | -$1.49M |
|
1687
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $2.89M | ﹤0.01% |
35,898
+23,448
| +188% | +$1.89M |
|
1688
Caesarstone
CSTE
$71.6M
| $2.88M | ﹤0.01% |
+76,516
| New | +$2.9M |
|
1689
Advanced Drainage Systems
WMS
$11.1B
| $2.88M | ﹤0.01% |
119,924
-87,672
| -42% | -$2.23M |
|
|
DCOM
1690
DELISTED
Dime Community Bancshares
DCOM
| $2.88M | ﹤0.01% |
171,990
+3,636
| +2% | +$63.1K |
|
1691
Box
BOX
$4.36B
| $2.88M | ﹤0.01% |
182,793
+42,508
| +30% | +$538K |
|
|
VLRS
1692
Controladora Vuela Compania de Aviacion
VLRS
$910M
| $2.88M | ﹤0.01% |
165,615
+86,909
| +110% | +$1.58M |
|
|
NTRI
1693
DELISTED
NutriSystem, Inc.
NTRI
| $2.88M | ﹤0.01% |
96,953
-117,896
| -55% | -$3.32M |
|
|
KND
1694
DELISTED
Kindred Healthcare
KND
| $2.88M | ﹤0.01% |
281,446
+248,385
| +751% | +$2.76M |
|
1695
Maximus
MMS
$3.31B
| $2.87M | ﹤0.01% |
50,797
-80,875
| -61% | -$4.71M |
|
|
STAY
1696
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $2.87M | ﹤0.01% |
202,320
+121,154
| +149% | +$1.76M |
|
1697
Waters Corp
WAT
$37.7B
| $2.87M | ﹤0.01% |
18,123
-194,028
| -91% | -$30M |
|
1698
Gerdau
GGB
$9.72B
| $2.87M | ﹤0.01% |
1,329,251
+1,250,374
| +1,585% | +$2.51M |
|
1699
SPX Corp
SPXC
$10.2B
| $2.87M | ﹤0.01% |
142,387
-158,193
| -53% | -$2.8M |
|
|
SPR
1700
DELISTED
Spirit AeroSystems
SPR
| $2.87M | ﹤0.01% |
64,380
-146,432
| -69% | -$6.47M |
|
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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.