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 | |
|---|---|---|---|---|---|---|
2326
M&T Bank
MTB
$36B
| $888K | ﹤0.01% |
+7,652
| New | +$889K |
|
|
DCP
2327
DELISTED
DCP Midstream, LP
DCP
| $885K | ﹤0.01% |
+25,054
| New | +$854K |
|
2328
iShares US Telecommunications ETF
IYZ
$1.18B
| $877K | ﹤0.01% |
+27,223
| New | +$897K |
|
|
NGD
2329
DELISTED
New Gold Inc
NGD
| $875K | ﹤0.01% |
201,171
-80,615
| -29% | -$402K |
|
|
POLY
2330
DELISTED
Plantronics, Inc.
POLY
| $875K | ﹤0.01% |
16,843
-130,749
| -89% | -$6.43M |
|
2331
eHealth
EHTH
$43.2M
| $874K | ﹤0.01% |
77,989
-66,404
| -46% | -$781K |
|
2332
Opko Health
OPK
$936M
| $874K | ﹤0.01% |
82,545
-820,228
| -91% | -$8.17M |
|
|
PDLI
2333
DELISTED
PDL BioPharma, Inc.
PDLI
| $873K | ﹤0.01% |
260,589
-333,189
| -56% | -$1.06M |
|
2334
CAE Inc. Common Shares
CAE
$8.3B
| $872K | ﹤0.01% |
61,231
-20,582
| -25% | -$280K |
|
2335
Power Integrations
POWI
$3.53B
| $871K | ﹤0.01% |
27,652
+3,162
| +13% | +$89.9K |
|
|
YRD
2336
Yiren Digital
YRD
$103M
| $870K | ﹤0.01% |
+36,720
| New | +$865K |
|
|
ACET
2337
CALL
DELISTED
Aceto Corp
ACET
| $860K | ﹤0.01% |
+45,300
| New | +$1.03M |
|
2338
AC Immune
ACIU
$234M
| $858K | ﹤0.01% |
+52,121
| New | +$901K |
|
|
OCLR
2339
CALL
DELISTED
Oclaro Inc.
OCLR
| $855K | ﹤0.01% |
+100,000
| New | +$695K |
|
|
QIWI
2340
DELISTED
QIWI PLC
QIWI
| $854K | ﹤0.01% |
58,301
+2,200
| +4% | +$29.9K |
|
2341
Westlake Corp
WLK
$9.27B
| $851K | ﹤0.01% |
15,909
-366,714
| -96% | -$17.7M |
|
|
AERI
2342
PUT
DELISTED
Aerie Pharmaceuticals
AERI
| $849K | ﹤0.01% |
+22,500
| New | +$496K |
|
2343
Twilio
TWLO
$29.5B
| $847K | ﹤0.01% |
13,153
-153,514
| -92% | -$7.67M |
|
|
HW
2344
CALL
DELISTED
Headwaters Inc
HW
| $846K | ﹤0.01% |
+50,000
| New | +$922K |
|
|
TEF
2345
DELISTED
Telefonica
TEF
| $841K | ﹤0.01% |
107,335
+8,933
| +9% | +$69.2K |
|
2346
CALL
VF Corp
VFC
$6.72B
| $841K | ﹤0.01% |
+15,930
| New | +$920K |
|
|
DPLO
2347
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $840K | ﹤0.01% |
+30,000
| New | +$1.01M |
|
2348
NatWest
NWG
$72.8B
| $838K | ﹤0.01% |
167,078
+53,235
| +47% | +$284K |
|
2349
Artivion
AORT
$1.27B
| $837K | ﹤0.01% |
47,632
-83,750
| -64% | -$1.27M |
|
2350
Dime Commercial Bancshares
DCOM
$1.77B
| $837K | ﹤0.01% |
+29,267
| New | +$861K |
|
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.