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 | |
|---|---|---|---|---|---|---|
2701
Talphera
TLPH
$68.5M
| $464K | ﹤0.01% |
8,919
+8,034
| +908% | +$494K |
|
2702
Sunrun
RUN
$2.35B
| $463K | ﹤0.01% |
87,250
+77,053
| +756% | +$426K |
|
2703
West Bancorporation
WTBA
$471M
| $463K | ﹤0.01% |
+18,755
| New | +$408K |
|
|
ERC
2704
Allspring Multi-Sector Income Fund
ERC
$255M
| $462K | ﹤0.01% |
+36,023
| New | +$455K |
|
|
LDL
2705
DELISTED
Lydall, Inc.
LDL
| $460K | ﹤0.01% |
+7,433
| New | +$411K |
|
2706
Sanmina
SANM
$11B
| $459K | ﹤0.01% |
12,530
-84,860
| -87% | -$2.68M |
|
|
KANG
2707
DELISTED
iKang Healthcare Group, Inc.
KANG
| $458K | ﹤0.01% |
26,407
+1,417
| +6% | +$24K |
|
2708
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.75B
| $456K | ﹤0.01% |
+12,943
| New | +$467K |
|
2709
Helix Energy Solutions
HLX
$1.45B
| $456K | ﹤0.01% |
51,755
-6,086,021
| -99% | -$58.7M |
|
2710
Myers Industries
MYE
$1.2B
| $456K | ﹤0.01% |
31,909
+3,690
| +13% | +$50.1K |
|
|
TMH
2711
PUT
DELISTED
Team Health Holdings Inc
TMH
| $456K | ﹤0.01% |
+10,500
| New | +$434K |
|
|
BATS
2712
DELISTED
Bats Global Markets, Inc.
BATS
| $455K | ﹤0.01% |
13,586
-266,549
| -95% | -$8.37M |
|
2713
Park-Ohio Holdings
PKOH
$562M
| $454K | ﹤0.01% |
10,656
+4,744
| +80% | +$182K |
|
2714
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.8B
| $453K | ﹤0.01% |
1,500
-51,651
| -97% | -$14.9M |
|
|
STS
2715
DELISTED
Supreme Industries Inc Class A
STS
| $453K | ﹤0.01% |
28,847
+16,690
| +137% | +$251K |
|
|
PZE
2716
DELISTED
Petrobras Argentina S A
PZE
| $452K | ﹤0.01% |
64,340
-121,346
| -65% | -$732K |
|
2717
NBT Bancorp
NBTB
$2.73B
| $449K | ﹤0.01% |
+10,723
| New | +$399K |
|
2718
Sony
SONY
$131B
| $449K | ﹤0.01% |
80,180
-33,310
| -29% | -$202K |
|
2719
iShares Semiconductor ETF
SOXX
$42B
| $449K | ﹤0.01% |
+10,983
| New | +$425K |
|
2720
BlackRock TCP Capital
TCPC
$267M
| $449K | ﹤0.01% |
+26,546
| New | +$439K |
|
2721
Marten Transport
MRTN
$1.28B
| $447K | ﹤0.01% |
+47,910
| New | +$431K |
|
2722
Colliers International
CIGI
$5.19B
| $445K | ﹤0.01% |
12,096
-3,539
| -23% | -$133K |
|
2723
Vanguard Health Care ETF
VHT
$18.3B
| $444K | ﹤0.01% |
3,500
-14,551
| -81% | -$1.86M |
|
2724
BlackRock Municipal 2030 Target Term Trust
BTT
$1.43B
| $442K | ﹤0.01% |
+20,261
| New | +$456K |
|
2725
NovaGold Resources
NG
$2.56B
| $442K | ﹤0.01% |
96,987
-186,788
| -66% | -$844K |
|
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.