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 | |
|---|---|---|---|---|---|---|
2226
AMERISAFE
AMSF
$562M
| $1.09M | ﹤0.01% |
18,591
-43,966
| -70% | -$2.61M |
|
|
BKMU
2227
DELISTED
Bank Mutual Corp
BKMU
| $1.09M | ﹤0.01% |
142,341
-11,390
| -7% | -$87.7K |
|
2228
PUT
Freeport-McMoran
FCX
$90.2B
| $1.09M | ﹤0.01% |
+100,000
| New | +$1.15M |
|
|
ARLZ
2229
DELISTED
Aralez Pharmaceuticals Inc.
ARLZ
| $1.08M | ﹤0.01% |
222,630
-13,442
| -6% | -$61.3K |
|
2230
Pan American Silver
PAAS
$18.6B
| $1.07M | ﹤0.01% |
61,028
-579,611
| -90% | -$10.8M |
|
|
AV
2231
DELISTED
Aviva Plc
AV
| $1.07M | ﹤0.01% |
93,400
-58,400
| -38% | -$635K |
|
|
ZIXI
2232
DELISTED
Zix Corporation
ZIXI
| $1.07M | ﹤0.01% |
261,395
-78,984
| -23% | -$312K |
|
|
ENZY
2233
DELISTED
Enzymotec Ltd
ENZY
| $1.07M | ﹤0.01% |
152,938
+71,314
| +87% | +$572K |
|
2234
Arrow Electronics
ARW
$10.9B
| $1.07M | ﹤0.01% |
16,669
-89,383
| -84% | -$5.77M |
|
2235
Digi International
DGII
$2.55B
| $1.06M | ﹤0.01% |
93,243
+3,241
| +4% | +$36.8K |
|
|
EVDY
2236
DELISTED
Everyday Health, Inc.
EVDY
| $1.06M | ﹤0.01% |
138,206
+24,885
| +22% | +$195K |
|
2237
CALL
Golar LNG
GLNG
$4.99B
| $1.06M | ﹤0.01% |
50,000
-275,000
| -85% | -$5.25M |
|
|
HIVE
2238
DELISTED
Aerohive Networks
HIVE
| $1.06M | ﹤0.01% |
174,116
+71,813
| +70% | +$482K |
|
2239
CALL
Opko Health
OPK
$936M
| $1.06M | ﹤0.01% |
+100,000
| New | +$996K |
|
2240
Lloyds Banking Group
LYG
$89B
| $1.06M | ﹤0.01% |
368,550
+279,450
| +314% | +$830K |
|
|
JIVE
2241
DELISTED
Jive Software, Inc.
JIVE
| $1.06M | ﹤0.01% |
248,163
+71,562
| +41% | +$293K |
|
|
EEP
2242
DELISTED
Enbridge Energy Partners
EEP
| $1.05M | ﹤0.01% |
41,432
+16,367
| +65% | +$393K |
|
|
ASCMA
2243
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
| $1.05M | ﹤0.01% |
45,411
+4,017
| +10% | +$80.2K |
|
2244
NETSCOUT
NTCT
$2.91B
| $1.05M | ﹤0.01% |
35,831
-108,728
| -75% | -$2.98M |
|
2245
Varonis Systems
VRNS
$5.36B
| $1.05M | ﹤0.01% |
+104,400
| New | +$955K |
|
|
RAS
2246
DELISTED
RAIT Financial Trust
RAS
| $1.05M | ﹤0.01% |
309,471
+73,171
| +31% | +$229K |
|
|
CCEC
2247
Capital Clean Energy Carriers
CCEC
$1.42B
| $1.04M | ﹤0.01% |
45,560
+14,789
| +48% | +$356K |
|
|
LORL
2248
DELISTED
Loral Space and Communications, Inc.
LORL
| $1.04M | ﹤0.01% |
26,576
-11,537
| -30% | -$417K |
|
2249
Capitol Federal Financial
CFFN
$1.07B
| $1.04M | ﹤0.01% |
73,699
+44,488
| +152% | +$629K |
|
|
SNCR
2250
DELISTED
Synchronoss Technologies
SNCR
| $1.04M | ﹤0.01% |
2,795
-5,091
| -65% | -$1.8M |
|
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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.