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 | |
|---|---|---|---|---|---|---|
|
ATCO
2201
DELISTED
Atlas Corp.
ATCO
| $1.16M | ﹤0.01% |
86,894
+71,235
| +455% | +$1.03M |
|
2202
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.5B
| $1.15M | ﹤0.01% |
+7,500
| New | +$1.08M |
|
2203
Hooker Furnishings Corp
HOFT
$147M
| $1.15M | ﹤0.01% |
+46,966
| New | +$1.12M |
|
|
KRA
2204
DELISTED
Kraton Corporation
KRA
| $1.15M | ﹤0.01% |
32,815
-198,429
| -86% | -$6.35M |
|
2205
ProShares Ultra QQQ
QLD
$12.1B
| $1.14M | ﹤0.01% |
+211,456
| New | +$1.08M |
|
|
TBRG
2206
DELISTED
TruBridge
TBRG
| $1.14M | ﹤0.01% |
43,554
-30,009
| -41% | -$942K |
|
|
SRCLP
2207
DELISTED
Stericycle, Inc
SRCLP
| $1.14M | ﹤0.01% |
+17,124
| New | +$1.27M |
|
|
ARI
2208
Apollo Commercial Real Estate
ARI
$884M
| $1.13M | ﹤0.01% |
+69,052
| New | +$1.13M |
|
2209
Ennis
EBF
$556M
| $1.13M | ﹤0.01% |
67,084
+42,393
| +172% | +$729K |
|
2210
PUT
Geron
GERN
$924M
| $1.13M | ﹤0.01% |
+500,000
| New | +$1.3M |
|
|
DTLK
2211
DELISTED
Datalink Corp
DTLK
| $1.13M | ﹤0.01% |
106,291
+84,591
| +390% | +$801K |
|
2212
United Fire Group
UFCS
$1.35B
| $1.13M | ﹤0.01% |
26,579
-44,118
| -62% | -$1.88M |
|
|
VNET
2213
VNET Group
VNET
$1.91B
| $1.13M | ﹤0.01% |
141,503
+75,133
| +113% | +$693K |
|
|
VGR
2214
DELISTED
Vector Group Ltd.
VGR
| $1.13M | ﹤0.01% |
85,279
+48,376
| +131% | +$631K |
|
2215
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.24B
| $1.12M | ﹤0.01% |
+42,999
| New | +$1.13M |
|
|
FNHC
2216
DELISTED
FedNat Holding Company Common Stock
FNHC
| $1.12M | ﹤0.01% |
59,931
-17,614
| -23% | -$334K |
|
2217
Clean Harbors
CLH
$16B
| $1.11M | ﹤0.01% |
23,234
+10,706
| +85% | +$531K |
|
|
SASR
2218
DELISTED
Sandy Spring Bancorp Inc
SASR
| $1.11M | ﹤0.01% |
+36,326
| New | +$1.1M |
|
|
IQNT
2219
DELISTED
Inteliquent, Inc.
IQNT
| $1.11M | ﹤0.01% |
68,809
+47,285
| +220% | +$830K |
|
2220
Portland General Electric
POR
$6B
| $1.11M | ﹤0.01% |
26,033
-140,960
| -84% | -$6.11M |
|
2221
Orion
OEC
$395M
| $1.11M | ﹤0.01% |
59,130
-3,855
| -6% | -$67.4K |
|
2222
Resources Connection
RGP
$135M
| $1.1M | ﹤0.01% |
73,984
+33,993
| +85% | +$507K |
|
2223
CALL
JetBlue
JBLU
$2.02B
| $1.1M | ﹤0.01% |
64,000
-370,000
| -85% | -$6.32M |
|
2224
Arbor Realty Trust
ABR
$987M
| $1.1M | ﹤0.01% |
147,707
+114,851
| +350% | +$850K |
|
|
WLL
2225
CALL
DELISTED
Whiting Petroleum Corporation
WLL
| $1.09M | ﹤0.01% |
418
-616
| -60% | -$1.44M |
|
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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.