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 | |
|---|---|---|---|---|---|---|
1926
Commercial Vehicle Group
CVGI
$152M
| $2.01M | ﹤0.01% |
348,289
+223,580
| +179% | +$1.1M |
|
|
EBIX
1927
DELISTED
Ebix Inc
EBIX
| $2.01M | ﹤0.01% |
+35,400
| New | +$1.94M |
|
1928
Korea Electric Power
KEP
$14.9B
| $2.01M | ﹤0.01% |
82,415
-284,293
| -78% | -$7.5M |
|
1929
iShares Core S&P Mid-Cap ETF
IJH
$123B
| $2.01M | ﹤0.01% |
64,865
+14,660
| +29% | +$453K |
|
1930
Wheaton Precious Metals
WPM
$49.8B
| $2M | ﹤0.01% |
74,012
-794,234
| -91% | -$21.8M |
|
1931
Universal Corp
UVV
$1.36B
| $2M | ﹤0.01% |
34,358
+11,874
| +53% | +$701K |
|
1932
Enel Chile
ENIC
$6.05B
| $2M | ﹤0.01% |
420,858
-120,751
| -22% | -$667K |
|
1933
Koppers
KOP
$965M
| $2M | ﹤0.01% |
62,069
+53,744
| +646% | +$1.7M |
|
|
MXIM
1934
CALL
DELISTED
Maxim Integrated Products
MXIM
| $2M | ﹤0.01% |
50,000
| – | – |
|
1935
CALL
Gilead Sciences
GILD
$167B
| $1.98M | ﹤0.01% |
+25,000
| New | +$2.03M |
|
|
MDRX
1936
CALL
DELISTED
Veradigm Inc. Common Stock
MDRX
| $1.98M | ﹤0.01% |
+150,000
| New | +$2.01M |
|
|
NEOS
1937
DELISTED
Neos Therapeutics, Inc
NEOS
| $1.97M | ﹤0.01% |
+300,000
| New | +$2.38M |
|
|
RRTS
1938
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $1.97M | ﹤0.01% |
9,874
-9,395
| -49% | -$1.91M |
|
|
SGBK
1939
DELISTED
Stonegate Bank
SGBK
| $1.97M | ﹤0.01% |
58,344
+24,940
| +75% | +$807K |
|
|
AMBR
1940
DELISTED
Amber Road Inc
AMBR
| $1.97M | ﹤0.01% |
203,933
+175,433
| +616% | +$1.67M |
|
1941
Gray Television
GTN
$430M
| $1.97M | ﹤0.01% |
189,722
-181,238
| -49% | -$1.97M |
|
1942
Woodward
WWD
$24.5B
| $1.96M | ﹤0.01% |
31,313
+2,206
| +8% | +$133K |
|
|
ALDW
1943
DELISTED
Alon USA Partners LP
ALDW
| $1.95M | ﹤0.01% |
+227,003
| New | +$2.23M |
|
1944
PUT
ResMed
RMD
$30.3B
| $1.94M | ﹤0.01% |
+30,000
| New | +$2M |
|
1945
Trex
TREX
$4.57B
| $1.94M | ﹤0.01% |
+132,452
| New | +$1.85M |
|
|
KDMN
1946
DELISTED
Kadmon Holdings, Inc.
KDMN
| $1.93M | ﹤0.01% |
+262,889
| New | +$2.4M |
|
|
XTLY
1947
DELISTED
Xactly Corporation
XTLY
| $1.93M | ﹤0.01% |
130,788
+12,393
| +10% | +$166K |
|
1948
Powell Industries
POWL
$7.32B
| $1.92M | ﹤0.01% |
+143,901
| New | +$1.84M |
|
1949
Red Rock Resorts
RRR
$3.87B
| $1.92M | ﹤0.01% |
+81,383
| New | +$1.82M |
|
1950
Heritage Insurance Holdings
HRTG
$905M
| $1.91M | ﹤0.01% |
132,696
+5,399
| +4% | +$71K |
|
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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.