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 |
Amazon
AMZN
|
+$278M |
| 2 |
Charter Communications
CHTR
|
+$218M |
| 3 |
Exelon
EXC
|
+$197M |
| 4 |
Halliburton
HAL
|
+$192M |
| 5 |
AET
Aetna Inc
AET
|
+$173M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$241M |
| 2 |
DISH
DISH Network Corp.
DISH
|
+$235M |
| 3 |
Expedia Group
EXPE
|
+$188M |
| 4 |
AT&T
T
|
+$181M |
| 5 |
WR
Westar Energy Inc
WR
|
+$172M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.94% |
| 2 | Energy | 9.47% |
| 3 | Financials | 9.35% |
| 4 | Industrials | 8.03% |
| 5 | Technology | 8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PRMW
1976
CALL
DELISTED
Primo Water Corporation
PRMW
| $1.4M | ﹤0.01% |
+100,000
| New | +$1.44M |
|
1977
Veracyte
VCYT
$4.44B
| $1.39M | ﹤0.01% |
276,859
-46,333
| -14% | -$248K |
|
1978
Biglari Holdings Class B
BH
$1.18B
| $1.39M | ﹤0.01% |
+5,171
| New | +$1.33M |
|
|
PSTB
1979
DELISTED
Park Sterling Corp.
PSTB
| $1.39M | ﹤0.01% |
195,852
+53,724
| +38% | +$383K |
|
1980
Tanger
SKT
$4.84B
| $1.39M | ﹤0.01% |
34,497
-1,209,381
| -97% | -$44M |
|
|
ATHN
1981
PUT
DELISTED
Athenahealth, Inc.
ATHN
| $1.38M | ﹤0.01% |
10,000
| – | – |
|
1982
DNOW Inc
DNOW
$2.53B
| $1.38M | ﹤0.01% |
76,043
-31,231
| -29% | -$548K |
|
|
ABCO
1983
DELISTED
Advisory Board Co
ABCO
| $1.38M | ﹤0.01% |
38,976
-529,077
| -93% | -$17.4M |
|
1984
Morgan Stanley
MS
$333B
| $1.38M | ﹤0.01% |
52,992
+6,229
| +13% | +$163K |
|
1985
Copart
CPRT
$28.4B
| $1.36M | ﹤0.01% |
+222,624
| New | +$1.25M |
|
|
CHA
1986
DELISTED
China Telecom Corporation, LTD
CHA
| $1.36M | ﹤0.01% |
30,325
+22,080
| +268% | +$1.07M |
|
1987
Oil States International
OIS
$483M
| $1.36M | ﹤0.01% |
+41,457
| New | +$1.34M |
|
|
ILG
1988
CALL
DELISTED
ILG, Inc Common Stock
ILG
| $1.35M | ﹤0.01% |
85,000
+20,000
| +31% | +$286K |
|
1989
Old National Bancorp
ONB
$10.3B
| $1.35M | ﹤0.01% |
107,556
-161,216
| -60% | -$2.04M |
|
|
EPIQ
1990
DELISTED
EPIQ SYSTEMS INC
EPIQ
| $1.35M | ﹤0.01% |
92,292
-1,296
| -1% | -$19K |
|
1991
CALL
Huntsman Corp
HUN
$2B
| $1.34M | ﹤0.01% |
100,000
+50,000
| +100% | +$733K |
|
|
1992
PUT
Huntsman Corp
HUN
$2B
| $1.34M | ﹤0.01% |
100,000
| – | – |
|
|
LORL
1993
DELISTED
Loral Space and Communications, Inc.
LORL
| $1.34M | ﹤0.01% |
38,113
-72,426
| -66% | -$2.63M |
|
1994
ENI
E
$72.9B
| $1.34M | ﹤0.01% |
+41,388
| New | +$1.27M |
|
1995
State Street SPDR S&P Homebuilders ETF
XHB
$1.69B
| $1.34M | ﹤0.01% |
39,933
+33,738
| +545% | +$1.14M |
|
|
ATRS
1996
DELISTED
Antares Pharma, Inc.
ATRS
| $1.34M | ﹤0.01% |
+1,275,595
| New | +$1.23M |
|
|
FLTX
1997
DELISTED
Fleetmatics Group PLC
FLTX
| $1.34M | ﹤0.01% |
+30,901
| New | +$1.23M |
|
|
YELL
1998
DELISTED
Yellow Corporation Common Stock
YELL
| $1.34M | ﹤0.01% |
152,000
+15,826
| +12% | +$141K |
|
1999
Pathward Financial
CASH
$1.87B
| $1.33M | ﹤0.01% |
+78,303
| New | +$1.28M |
|
2000
Elbit Systems
ESLT
$38.4B
| $1.33M | ﹤0.01% |
14,596
+12,063
| +476% | +$1.15M |
|
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Millennium Management's Q2 2016 Portfolio in Review
As of Q2 2016, Millennium Management held 3,988 positions worth $43.7B, up 9.2% from $40B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Millennium Management deployed $1.99B of net new capital in Q2 2016, opening 776 new positions and adding to 1,172 existing holdings. Its largest new stake was Amazon: 8,232,420 shares worth $295M.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 12% a quarter earlier, followed by Energy and Financials.
On the sell side, the largest reduction was Yahoo Inc, an estimated $241M trimmed.
- Millennium Management's largest Q2 2016 buy was Amazon: 8,232,420 shares worth $295M.
- Millennium Management added most to Charter Communications in Q2 2016, an estimated $218M increase.
- Millennium Management's biggest Q2 2016 reduction was Yahoo Inc, cutting an estimated $241M.
- Millennium Management fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $108M.
- Millennium Management's ten largest holdings make up 11% of its $43.7B portfolio in Q2 2016.
- Millennium Management opened 776 new positions and closed 860 in Q2 2016.
- Millennium Management's portfolio value rose 9.2% quarter-over-quarter to $43.7B.
Based on Millennium Management's 13F filing for Q2 2016, filed 15 Aug 2016.