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 | |
|---|---|---|---|---|---|---|
|
FIG
1851
DELISTED
Fortress Investment Group Llc
FIG
| $2.33M | ﹤0.01% |
470,920
+105,325
| +29% | +$518K |
|
1852
Heartland Express
HTLD
$1.04B
| $2.32M | ﹤0.01% |
123,104
+88,944
| +260% | +$1.67M |
|
1853
Merit Medical Systems
MMSI
$4.67B
| $2.32M | ﹤0.01% |
95,686
+24,821
| +35% | +$573K |
|
1854
Ethan Allen Interiors
ETD
$606M
| $2.31M | ﹤0.01% |
74,036
-42,425
| -36% | -$1.44M |
|
1855
Mercury Insurance
MCY
$6.07B
| $2.31M | ﹤0.01% |
42,170
+18,601
| +79% | +$1M |
|
|
IDTI
1856
CALL
DELISTED
Integrated Device Technology I
IDTI
| $2.31M | ﹤0.01% |
+100,000
| New | +$2.07M |
|
1857
Insight Enterprises
NSIT
$3.77B
| $2.31M | ﹤0.01% |
70,891
+60,690
| +595% | +$1.78M |
|
|
CONN
1858
DELISTED
Conn's Inc.
CONN
| $2.31M | ﹤0.01% |
223,490
+190,400
| +575% | +$1.49M |
|
1859
DXP Enterprises
DXPE
$2.49B
| $2.3M | ﹤0.01% |
+81,717
| New | +$1.88M |
|
|
ANH
1860
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $2.3M | ﹤0.01% |
468,214
-201,775
| -30% | -$988K |
|
1861
Grupo Cibest SA
CIB
$21.1B
| $2.3M | ﹤0.01% |
58,893
+16,472
| +39% | +$612K |
|
1862
Hawaiian Electric Industries
HE
$2.28B
| $2.3M | ﹤0.01% |
76,965
-63,476
| -45% | -$1.95M |
|
1863
Century Communities
CCS
$2.05B
| $2.3M | ﹤0.01% |
+106,737
| New | +$2.06M |
|
1864
Forrester Research
FORR
$200M
| $2.29M | ﹤0.01% |
58,988
+52,306
| +783% | +$2.07M |
|
|
INVN
1865
DELISTED
Invensense Inc
INVN
| $2.29M | ﹤0.01% |
309,105
+264,984
| +601% | +$1.88M |
|
|
KMG
1866
DELISTED
KMG Chemicals Inc
KMG
| $2.29M | ﹤0.01% |
80,726
-32,090
| -28% | -$887K |
|
|
ITCI
1867
PUT
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $2.29M | ﹤0.01% |
+150,000
| New | +$6.07M |
|
1868
Intellia Therapeutics
NTLA
$1.52B
| $2.29M | ﹤0.01% |
+134,240
| New | +$2.6M |
|
1869
CALL
Incyte
INCY
$26B
| $2.28M | ﹤0.01% |
24,200
+14,200
| +142% | +$1.2M |
|
1870
iShares MSCI Emerging Markets ETF
EEM
$28B
| $2.28M | ﹤0.01% |
60,897
-10,603
| -15% | -$388K |
|
1871
STMicroelectronics
STM
$44.7B
| $2.28M | ﹤0.01% |
+279,908
| New | +$2.01M |
|
1872
Tesla
TSLA
$1.21T
| $2.28M | ﹤0.01% |
167,475
-83,760
| -33% | -$1.21M |
|
1873
Cavco Industries
CVCO
$4.54B
| $2.27M | ﹤0.01% |
22,895
+6,539
| +40% | +$652K |
|
1874
Liberty Latin America Class A
LILA
$1.67B
| $2.27M | ﹤0.01% |
128,329
-181,891
| -59% | -$3.59M |
|
1875
Equinor
EQNR
$90.9B
| $2.26M | ﹤0.01% |
134,670
-720,190
| -84% | -$11.7M |
|
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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.