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 |
BNY
Bank of New York Mellon
BNY
|
+$190M |
| 2 |
Lowe's Companies
LOW
|
+$183M |
| 3 |
Target
TGT
|
+$175M |
| 4 |
American Electric Power
AEP
|
+$174M |
| 5 |
NextEra Energy
NEE
|
+$152M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$6.19B |
| 2 |
Coty
COTY
|
+$1.11B |
| 3 |
Apple
AAPL
|
+$294M |
| 4 |
Meta Platforms (Facebook)
META
|
+$229M |
| 5 |
Microsoft
MSFT
|
+$192M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.19% |
| 2 | Financials | 11.87% |
| 3 | Industrials | 10.26% |
| 4 | Energy | 9.33% |
| 5 | Technology | 9.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Mercantile Bank Corp
MBWM
$1.01B
| $684K | ﹤0.01% |
18,131
-11,200
| -38% | -$353K |
|
2477
1st Source
SRCE
$2.09B
| $682K | ﹤0.01% |
+15,264
| New | +$590K |
|
|
NSR
2478
CALL
DELISTED
Neustar Inc
NSR
| $681K | ﹤0.01% |
+20,400
| New | +$540K |
|
|
LJPC
2479
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $681K | ﹤0.01% |
+38,828
| New | +$744K |
|
2480
Greif Class B
GEF.B
$3.8B
| $680K | ﹤0.01% |
10,062
+433
| +4% | +$27.9K |
|
|
AVID
2481
DELISTED
Avid Technology Inc
AVID
| $680K | ﹤0.01% |
154,468
-115,811
| -43% | -$645K |
|
2482
GoPro
GPRO
$119M
| $679K | ﹤0.01% |
77,969
+40,350
| +107% | +$463K |
|
2483
iShares S&P 500 Growth ETF
IVW
$72.2B
| $679K | ﹤0.01% |
22,292
-97,008
| -81% | -$2.93M |
|
2484
Apogee Enterprises
APOG
$855M
| $678K | ﹤0.01% |
12,658
-159,701
| -93% | -$7.4M |
|
2485
TG Therapeutics
TGTX
$8.53B
| $678K | ﹤0.01% |
+145,726
| New | +$855K |
|
2486
MBIA
MBI
$282M
| $676K | ﹤0.01% |
+63,179
| New | +$583K |
|
|
HOS
2487
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $675K | ﹤0.01% |
93,555
-601,820
| -87% | -$3.52M |
|
|
ICON
2488
DELISTED
Iconix Brand Group, Inc.
ICON
| $675K | ﹤0.01% |
+7,229
| New | +$630K |
|
|
DCM
2489
DELISTED
NTT DOCOMO, Inc.
DCM
| $674K | ﹤0.01% |
29,645
-178,501
| -86% | -$4.21M |
|
|
OCRX
2490
DELISTED
Ocera Therapeutics, Inc.
OCRX
| $672K | ﹤0.01% |
320,000
-196,343
| -38% | -$458K |
|
|
ELP
2491
DELISTED
Companhia Paranaense de Energia (COPEL)
ELP
| $669K | ﹤0.01% |
197,228
-253,837
| -56% | -$972K |
|
2492
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.32B
| $669K | ﹤0.01% |
+20,001
| New | +$648K |
|
|
RFP
2493
DELISTED
Resolute Forest Products Inc.
RFP
| $669K | ﹤0.01% |
125,084
+81,637
| +188% | +$372K |
|
|
GNBC
2494
DELISTED
Green Bancorp, Inc
GNBC
| $667K | ﹤0.01% |
43,886
+32,227
| +276% | +$396K |
|
2495
Globant
GLOB
$1.41B
| $666K | ﹤0.01% |
+19,970
| New | +$782K |
|
|
CFNL
2496
DELISTED
Cardinal Financial Corp
CFNL
| $666K | ﹤0.01% |
20,313
-153,927
| -88% | -$4.55M |
|
|
ASRT
2497
DELISTED
Assertio
ASRT
| $665K | ﹤0.01% |
+615
| New | +$783K |
|
2498
Vanguard Mid-Cap Value ETF
VOE
$23.8B
| $665K | ﹤0.01% |
6,847
+4,180
| +157% | +$396K |
|
|
BETR
2499
DELISTED
Amplify Snack Brands, Inc.
BETR
| $665K | ﹤0.01% |
+75,510
| New | +$915K |
|
|
CTLT
2500
DELISTED
CATALENT, INC.
CTLT
| $664K | ﹤0.01% |
24,620
-267,029
| -92% | -$6.62M |
|
Similar funds
Millennium Management's Q4 2016 Portfolio in Review
As of Q4 2016, Millennium Management held 4,092 positions worth $47.8B, down 20% from $59.6B the previous quarter. Its ten largest holdings account for 6.4% of the portfolio.
Millennium Management withdrew a net $13B in Q4 2016, closing 801 positions and reducing 1,159 holdings. Its most notable exit was Procter & Gamble, an estimated $6.19B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, up from 10% a quarter earlier, followed by Financials and Industrials.
Against the trend, Millennium Management opened a new position in Target worth $175M.
- Millennium Management's largest Q4 2016 buy was Target: 2,422,329 shares worth $175M.
- Millennium Management added most to Bank of New York Mellon in Q4 2016, an estimated $190M increase.
- Millennium Management's biggest Q4 2016 reduction was Coty, cutting an estimated $1.11B.
- Millennium Management fully exited Procter & Gamble in Q4 2016, selling an estimated $6.19B.
- Millennium Management's ten largest holdings make up 6.4% of its $47.8B portfolio in Q4 2016.
- Millennium Management opened 858 new positions and closed 801 in Q4 2016.
- Millennium Management's portfolio value fell 20% quarter-over-quarter to $47.8B.
Based on Millennium Management's 13F filing for Q4 2016, filed 14 Feb 2017.