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 | |
|---|---|---|---|---|---|---|
2726
ENI
E
$74B
| $441K | ﹤0.01% |
13,668
-206,791
| -94% | -$6.05M |
|
|
GG
2727
DELISTED
Goldcorp Inc
GG
| $440K | ﹤0.01% |
32,356
-128,144
| -80% | -$1.79M |
|
|
EMD
2728
Western Asset Emerging Markets Debt Fund
EMD
$612M
| $439K | ﹤0.01% |
+29,875
| New | +$451K |
|
|
CORR
2729
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $439K | ﹤0.01% |
12,577
-59,841
| -83% | -$1.83M |
|
|
WMC
2730
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $438K | ﹤0.01% |
+4,352
| New | +$449K |
|
2731
Magnachip Semiconductor
MX
$124M
| $437K | ﹤0.01% |
70,462
-136,342
| -66% | -$928K |
|
2732
Helios Technologies
HLIO
$2.6B
| $436K | ﹤0.01% |
+10,917
| New | +$391K |
|
|
WBK
2733
DELISTED
Westpac Banking Corporation
WBK
| $436K | ﹤0.01% |
18,583
+3,283
| +21% | +$76.8K |
|
2734
Abercrombie & Fitch
ANF
$4.32B
| $435K | ﹤0.01% |
36,282
-5,936
| -14% | -$88.2K |
|
2735
WaFd
WAFD
$2.71B
| $435K | ﹤0.01% |
+12,662
| New | +$387K |
|
2736
Arrow Electronics
ARW
$10.6B
| $434K | ﹤0.01% |
6,091
-10,578
| -63% | -$700K |
|
2737
CALL
Arch Capital
ACGL
$36.4B
| $431K | ﹤0.01% |
15,000
| – | – |
|
2738
Park Aerospace
PKE
$770M
| $431K | ﹤0.01% |
+23,103
| New | +$394K |
|
|
MCF
2739
DELISTED
Contango Oil & Gas Co.
MCF
| $430K | ﹤0.01% |
46,061
+25,856
| +128% | +$245K |
|
2740
Avista
AVA
$3.47B
| $429K | ﹤0.01% |
10,739
-48,323
| -82% | -$1.95M |
|
2741
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.57B
| $429K | ﹤0.01% |
9,388
-4,638
| -33% | -$212K |
|
2742
Frontline
FRO
$8.54B
| $429K | ﹤0.01% |
60,292
+20,038
| +50% | +$148K |
|
2743
NGL Energy Partners
NGL
$1.92B
| $429K | ﹤0.01% |
+20,439
| New | +$385K |
|
2744
Triumph Financial Inc
TFIN
$1.82B
| $429K | ﹤0.01% |
+16,400
| New | +$350K |
|
|
NE
2745
DELISTED
Noble Corporation
NE
| $428K | ﹤0.01% |
72,237
-1,082,967
| -94% | -$6.38M |
|
|
WNRL
2746
DELISTED
Western Refining Logistics, LP
WNRL
| $427K | ﹤0.01% |
+20,000
| New | +$433K |
|
|
CA
2747
DELISTED
CA, Inc.
CA
| $427K | ﹤0.01% |
13,430
-275,399
| -95% | -$8.79M |
|
|
CCC
2748
DELISTED
Calgon Carbon Corp
CCC
| $426K | ﹤0.01% |
25,039
-19,755
| -44% | -$330K |
|
2749
DexCom
DXCM
$28.7B
| $424K | ﹤0.01% |
28,412
-169,604
| -86% | -$3M |
|
|
PSIX
2750
Power Solutions International
PSIX
$694M
| $424K | ﹤0.01% |
+56,594
| New | +$620K |
|
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.