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 | |
|---|---|---|---|---|---|---|
2001
RenaissanceRe
RNR
$13.9B
| $1.73M | ﹤0.01% |
+14,381
| New | +$1.7M |
|
2002
Alliant Energy
LNT
$19.1B
| $1.73M | ﹤0.01% |
45,075
-194,514
| -81% | -$7.63M |
|
|
FTR
2003
DELISTED
Frontier Communications Corp.
FTR
| $1.73M | ﹤0.01% |
27,675
-73,110
| -73% | -$5.21M |
|
2004
Magnachip Semiconductor
MX
$118M
| $1.73M | ﹤0.01% |
206,804
+171,504
| +486% | +$1.25M |
|
2005
American States Water
AWR
$3.45B
| $1.71M | ﹤0.01% |
42,698
-11,621
| -21% | -$481K |
|
|
RPXC
2006
DELISTED
RPX Corporation
RPXC
| $1.71M | ﹤0.01% |
159,818
+106,648
| +201% | +$1.1M |
|
|
ANW
2007
DELISTED
Aegean Marine Petroleum Network
ANW
| $1.71M | ﹤0.01% |
170,499
-105,115
| -38% | -$875K |
|
|
ORBC
2008
DELISTED
ORBCOMM, Inc.
ORBC
| $1.7M | ﹤0.01% |
165,944
-203,481
| -55% | -$2.08M |
|
|
WLB
2009
DELISTED
Westmoreland Coal Company
WLB
| $1.7M | ﹤0.01% |
191,770
+71,777
| +60% | +$641K |
|
|
AMFW
2010
DELISTED
AMEC Foster Wheeler plc
AMFW
| $1.7M | ﹤0.01% |
228,311
-255,321
| -53% | -$1.7M |
|
|
LOCK
2011
CALL
DELISTED
LifeLock, Inc.
LOCK
| $1.69M | ﹤0.01% |
100,000
| – | – |
|
|
AHRT
2012
AH Realty Trust
AHRT
$540M
| $1.69M | ﹤0.01% |
126,173
-88,703
| -41% | -$1.24M |
|
|
APTI
2013
DELISTED
Apptio, Inc. Class A Common Stock
APTI
| $1.69M | ﹤0.01% |
+77,912
| New | +$1.71M |
|
2014
TriMas Corp
TRS
$1.44B
| $1.69M | ﹤0.01% |
90,555
+63,083
| +230% | +$1.17M |
|
|
ININ
2015
DELISTED
Interactive Intelligence Group, inc.
ININ
| $1.68M | ﹤0.01% |
+27,941
| New | +$1.51M |
|
2016
Invesco Preferred ETF
PGX
$3.81B
| $1.67M | ﹤0.01% |
110,622
-46,732
| -30% | -$715K |
|
|
JOBS
2017
DELISTED
51job Inc
JOBS
| $1.67M | ﹤0.01% |
+50,074
| New | +$1.64M |
|
2018
Skywest
SKYW
$4.51B
| $1.67M | ﹤0.01% |
+63,180
| New | +$1.75M |
|
2019
Corcept Therapeutics
CORT
$10.1B
| $1.67M | ﹤0.01% |
256,555
+44,831
| +21% | +$261K |
|
|
ARNA
2020
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $1.67M | ﹤0.01% |
95,147
+35,021
| +58% | +$581K |
|
2021
ATN International
ATNI
$370M
| $1.66M | ﹤0.01% |
25,539
+17,717
| +227% | +$1.25M |
|
|
SREV
2022
DELISTED
ServiceSource International, Inc.
SREV
| $1.66M | ﹤0.01% |
339,931
+54,765
| +19% | +$258K |
|
|
TNGO
2023
DELISTED
Tangoe, Inc.
TNGO
| $1.66M | ﹤0.01% |
200,811
+159,274
| +383% | +$1.37M |
|
|
OB
2024
DELISTED
Onebeacon Insurance Group Ltd
OB
| $1.66M | ﹤0.01% |
116,040
-69,641
| -38% | -$983K |
|
2025
iShares US Financials ETF
IYF
$4.74B
| $1.66M | ﹤0.01% |
+36,778
| New | +$1.65M |
|
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.