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 | |
|---|---|---|---|---|---|---|
2076
Global Net Lease
GNL
$1.88B
| $1.14M | ﹤0.01% |
47,913
+24,541
| +105% | +$620K |
|
2077
Great Southern Bancorp
GSBC
$882M
| $1.14M | ﹤0.01% |
30,926
-58,295
| -65% | -$2.23M |
|
|
JWN
2078
CALL
DELISTED
Nordstrom
JWN
| $1.14M | ﹤0.01% |
+30,000
| New | +$1.33M |
|
2079
El Pollo Loco
LOCO
$499M
| $1.14M | ﹤0.01% |
87,811
-62,087
| -41% | -$769K |
|
2080
BlackRock TCP Capital
TCPC
$272M
| $1.14M | ﹤0.01% |
74,757
+5,358
| +8% | +$79K |
|
|
WLB
2081
DELISTED
Westmoreland Coal Company
WLB
| $1.14M | ﹤0.01% |
119,993
-100,492
| -46% | -$800K |
|
2082
CALL
F5
FFIV
$23B
| $1.14M | ﹤0.01% |
+10,000
| New | +$1.08M |
|
2083
Global X Silver Miners ETF NEW
SIL
$4.01B
| $1.14M | ﹤0.01% |
+26,259
| New | +$908K |
|
|
ESND
2084
DELISTED
Essendant Inc.
ESND
| $1.14M | ﹤0.01% |
37,196
-55,249
| -60% | -$1.74M |
|
|
HTS
2085
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $1.14M | ﹤0.01% |
+69,316
| New | +$1.11M |
|
2086
Cummins
CMI
$87.9B
| $1.13M | ﹤0.01% |
10,075
-49,618
| -83% | -$5.62M |
|
|
HDV
2087
iShares Core High Dividend ETF
HDV
$14.7B
| $1.13M | ﹤0.01% |
68,895
+43,120
| +167% | +$687K |
|
2088
Ford
F
$59.3B
| $1.13M | ﹤0.01% |
90,009
-1,692,677
| -95% | -$22.3M |
|
2089
CALL
Flowserve
FLS
$9.38B
| $1.13M | ﹤0.01% |
+25,000
| New | +$1.17M |
|
2090
BlackBerry
BB
$4.74B
| $1.13M | ﹤0.01% |
+167,670
| New | +$1.17M |
|
2091
iShares North American Natural Resources ETF
IGE
$726M
| $1.13M | ﹤0.01% |
33,856
+23,712
| +234% | +$758K |
|
2092
Interface
TILE
$2.02B
| $1.13M | ﹤0.01% |
73,796
+8,111
| +12% | +$138K |
|
|
NVTR
2093
DELISTED
Nuvectra Corporation Common Stock
NVTR
| $1.12M | ﹤0.01% |
151,722
+107,783
| +245% | +$858K |
|
2094
Designer Brands
DBI
$325M
| $1.12M | ﹤0.01% |
52,981
-561,868
| -91% | -$12.9M |
|
|
ACIA
2095
DELISTED
Acacia Communications Inc
ACIA
| $1.12M | ﹤0.01% |
+28,034
| New | +$1.03M |
|
|
AYR
2096
DELISTED
Aircastle Ltd
AYR
| $1.12M | ﹤0.01% |
+57,234
| New | +$1.21M |
|
|
DDC
2097
DELISTED
Dominion Diamond Corporation
DDC
| $1.12M | ﹤0.01% |
126,595
+27,095
| +27% | +$290K |
|
2098
Safety Insurance
SAFT
$1.51B
| $1.12M | ﹤0.01% |
18,158
-8,689
| -32% | -$509K |
|
2099
CALL
Freeport-McMoran
FCX
$89.4B
| $1.11M | ﹤0.01% |
+100,000
| New | +$1.11M |
|
|
CRAY
2100
DELISTED
Cray, Inc.
CRAY
| $1.11M | ﹤0.01% |
37,240
-93,265
| -71% | -$3.27M |
|
Similar funds
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.