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 | |
|---|---|---|---|---|---|---|
|
CBMG
2576
DELISTED
Cellular Biomedicine Group, Inc.
CBMG
| $601K | ﹤0.01% |
+45,858
| New | +$614K |
|
|
FMI
2577
DELISTED
Foundation Medicine, Inc.
FMI
| $601K | ﹤0.01% |
33,981
-9,071
| -21% | -$195K |
|
2578
Aegon
AEG
$13.6B
| $600K | ﹤0.01% |
140,934
-62,504
| -31% | -$233K |
|
2579
Neurogene
NGNE
$695M
| $599K | ﹤0.01% |
+1,815
| New | +$488K |
|
2580
Ichor Holdings
ICHR
$2.61B
| $598K | ﹤0.01% |
+55,223
| New | +$589K |
|
2581
iShares S&P 500 Value ETF
IVE
$49.1B
| $598K | ﹤0.01% |
+5,897
| New | +$575K |
|
|
KE
2582
Kimball Electronics
KE
$588M
| $598K | ﹤0.01% |
32,877
+22,793
| +226% | +$366K |
|
|
HMTV
2583
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $598K | ﹤0.01% |
53,416
+32,497
| +155% | +$384K |
|
|
NEWS
2584
DELISTED
NewStar Financial, Inc.
NEWS
| $598K | ﹤0.01% |
+64,610
| New | +$607K |
|
2585
PennantPark Floating Rate Capital
PFLT
$694M
| $597K | ﹤0.01% |
42,293
+10,793
| +34% | +$146K |
|
|
TVIA
2586
DELISTED
TerraVia Holdings, Inc. Common Stock
TVIA
| $597K | ﹤0.01% |
+519,465
| New | +$942K |
|
|
GES
2587
DELISTED
Guess Inc
GES
| $596K | ﹤0.01% |
49,234
-372,082
| -88% | -$5.22M |
|
|
MCRN
2588
DELISTED
Milacron Holdings Corp.
MCRN
| $595K | ﹤0.01% |
31,928
-140,004
| -81% | -$2.29M |
|
|
QADA
2589
DELISTED
QAD Inc.
QADA
| $595K | ﹤0.01% |
19,573
-265
| -1% | -$6.96K |
|
|
HCCI
2590
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $594K | ﹤0.01% |
37,808
+21,172
| +127% | +$306K |
|
|
VRS
2591
DELISTED
Verso Corporation
VRS
| $594K | ﹤0.01% |
83,676
+28,589
| +52% | +$172K |
|
|
ELGX
2592
DELISTED
Endologix Inc
ELGX
| $594K | ﹤0.01% |
10,390
-93,250
| -90% | -$8.54M |
|
2593
California Water Service
CWT
$3.03B
| $593K | ﹤0.01% |
+17,487
| New | +$579K |
|
2594
W.W. Grainger
GWW
$65.5B
| $593K | ﹤0.01% |
2,553
-15,488
| -86% | -$3.46M |
|
|
STB
2595
DELISTED
Student Transportation Inc
STB
| $592K | ﹤0.01% |
105,906
-15,478
| -13% | -$89.4K |
|
|
CYTR
2596
DELISTED
CytRx Corp
CYTR
| $591K | ﹤0.01% |
264,550
+222,276
| +526% | +$653K |
|
2597
Plug Power
PLUG
$2.9B
| $590K | ﹤0.01% |
491,832
+448,526
| +1,036% | +$659K |
|
2598
CytomX Therapeutics
CTMX
$729M
| $588K | ﹤0.01% |
+53,470
| New | +$648K |
|
2599
Autohome
ATHM
$2.45B
| $587K | ﹤0.01% |
23,224
-350,762
| -94% | -$9.05M |
|
2600
TriplePoint Venture Growth BDC
TPVG
$181M
| $587K | ﹤0.01% |
49,867
-14,556
| -23% | -$170K |
|
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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.