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 | |
|---|---|---|---|---|---|---|
2351
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.38B
| $837K | ﹤0.01% |
+21,509
| New | +$842K |
|
|
MHG
2352
DELISTED
Marine Harvest ASA
MHG
| $836K | ﹤0.01% |
46,625
+17,695
| +61% | +$290K |
|
|
MITT
2353
TPG Mortgage Investment Trust
MITT
$233M
| $835K | ﹤0.01% |
17,675
-21,121
| -54% | -$975K |
|
2354
Novanta
NOVT
$5.01B
| $835K | ﹤0.01% |
+48,150
| New | +$793K |
|
|
PBPB
2355
DELISTED
Potbelly
PBPB
| $834K | ﹤0.01% |
67,132
-20,359
| -23% | -$264K |
|
|
VR
2356
DELISTED
Validus Hold Ltd
VR
| $833K | ﹤0.01% |
16,730
-84,723
| -84% | -$4.21M |
|
|
BZUN
2357
Baozun
BZUN
$164M
| $831K | ﹤0.01% |
55,059
+28,114
| +104% | +$295K |
|
|
HSII
2358
DELISTED
Heidrick & Struggles
HSII
| $830K | ﹤0.01% |
44,763
-17,146
| -28% | -$318K |
|
2359
Rayonier Advanced Materials
RYAM
$573M
| $830K | ﹤0.01% |
62,102
-74,844
| -55% | -$967K |
|
2360
Harley-Davidson
HOG
$2.61B
| $829K | ﹤0.01% |
+15,755
| New | +$815K |
|
|
LION
2361
DELISTED
Fidelity Southern Corporation
LION
| $826K | ﹤0.01% |
44,901
+5,275
| +13% | +$91.7K |
|
|
GASL
2362
DELISTED
Direxion Daily Natural Gas Related Bull 3X Shares
GASL
| $824K | ﹤0.01% |
+34
| New | +$737K |
|
|
DMC
2363
Del Monte Corp
DMC
$1.36B
| $820K | ﹤0.01% |
13,689
+2,373
| +21% | +$138K |
|
2364
iShares MBS ETF
MBB
$39.1B
| $820K | ﹤0.01% |
7,449
-15,423
| -67% | -$1.7M |
|
|
MIK
2365
DELISTED
Michaels Stores, Inc
MIK
| $820K | ﹤0.01% |
+33,937
| New | +$869K |
|
|
CXRX
2366
DELISTED
Concordia International Corp. Common Stock
CXRX
| $820K | ﹤0.01% |
+183,018
| New | +$2.29M |
|
2367
Stepan Co
SCL
$1.31B
| $818K | ﹤0.01% |
11,253
-58,580
| -84% | -$3.94M |
|
2368
iShares MSCI Italy ETF
EWI
$998M
| $816K | ﹤0.01% |
37,010
-112,990
| -75% | -$2.5M |
|
2369
Fulgent Genetics
FLGT
$556M
| $816K | ﹤0.01% |
+88,514
| New | +$814K |
|
|
S
2370
DELISTED
Sprint Corporation
S
| $815K | ﹤0.01% |
122,935
-704,613
| -85% | -$4.18M |
|
|
TOO
2371
DELISTED
Teekay Offshore Partners L.P.
TOO
| $815K | ﹤0.01% |
128,895
-526,799
| -80% | -$2.93M |
|
2372
LifeVantage
LFVN
$80.4M
| $812K | ﹤0.01% |
+85,868
| New | +$1.12M |
|
2373
WisdomTree India Earnings Fund ETF
EPI
$2.03B
| $811K | ﹤0.01% |
+37,524
| New | +$803K |
|
2374
PUT
IQVIA
IQV
$35.6B
| $811K | ﹤0.01% |
+10,000
| New | +$757K |
|
2375
Alnylam Pharmaceuticals
ALNY
$37.2B
| $810K | ﹤0.01% |
11,957
-68,416
| -85% | -$4.83M |
|
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.