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 | |
|---|---|---|---|---|---|---|
2751
First Trust NASDAQ ABA Community Bank Index Fund
QABA
$92.1M
| $422K | ﹤0.01% |
+8,000
| New | +$374K |
|
|
CDI
2752
DELISTED
CDI Corp.
CDI
| $422K | ﹤0.01% |
57,008
-8,332
| -13% | -$57.2K |
|
|
SDRL
2753
DELISTED
Seadrill Limited Common Stock
SDRL
| $421K | ﹤0.01% |
461
+67
| +17% | +$49K |
|
|
AIFU
2754
AIFU Inc
AIFU
$201M
| $416K | ﹤0.01% |
+125
| New | +$424K |
|
|
RSX
2755
DELISTED
VanEck Russia ETF
RSX
| $416K | ﹤0.01% |
+19,600
| New | +$380K |
|
2756
Invesco Senior Income Trust
VVR
$456M
| $415K | ﹤0.01% |
89,460
+69,635
| +351% | +$309K |
|
|
RNWK
2757
DELISTED
RealNetworks Inc
RNWK
| $413K | ﹤0.01% |
85,000
-7,300
| -8% | -$34.3K |
|
2758
SK Telecom
SKM
$13.7B
| $412K | ﹤0.01% |
11,971
-73,849
| -86% | -$2.63M |
|
|
NYRT
2759
DELISTED
New York REIT, Inc.
NYRT
| $412K | ﹤0.01% |
4,073
-68,307
| -94% | -$6.55M |
|
2760
Collegium Pharmaceutical
COLL
$1.14B
| $411K | ﹤0.01% |
+26,368
| New | +$438K |
|
|
EVOL
2761
DELISTED
Evolving Systems, Inc.
EVOL
| $410K | ﹤0.01% |
100,000
-130
| -0.1% | -$537 |
|
2762
Culp Inc
CULP
$45M
| $409K | ﹤0.01% |
11,001
-10,526
| -49% | -$340K |
|
|
NVEE
2763
DELISTED
NV5 Global
NVEE
| $409K | ﹤0.01% |
+49,024
| New | +$402K |
|
2764
Schwab U.S Small- Cap ETF
SCHA
$22.5B
| $409K | ﹤0.01% |
+26,608
| New | +$391K |
|
2765
Workhorse Group
WKHS
$29.5M
| $408K | ﹤0.01% |
+19
| New | +$407K |
|
|
STMP
2766
DELISTED
Stamps.com, Inc.
STMP
| $408K | ﹤0.01% |
3,560
-466,959
| -99% | -$48.5M |
|
2767
Shutterstock
SSTK
$205M
| $407K | ﹤0.01% |
+8,560
| New | +$457K |
|
|
NILE
2768
DELISTED
Blue Nile, Inc.
NILE
| $406K | ﹤0.01% |
+10,000
| New | +$383K |
|
2769
Cal-Maine
CALM
$4.28B
| $403K | ﹤0.01% |
9,132
-21,372
| -70% | -$850K |
|
2770
Liberty Broadband Class A
LBRDA
$4.14B
| $403K | ﹤0.01% |
5,555
-7,332
| -57% | -$503K |
|
|
VWTR
2771
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $400K | ﹤0.01% |
26,385
+14,906
| +130% | +$202K |
|
2772
Westamerica Bancorp
WABC
$1.39B
| $399K | ﹤0.01% |
+6,340
| New | +$359K |
|
2773
Foster
FSTR
$443M
| $397K | ﹤0.01% |
29,170
-16,284
| -36% | -$211K |
|
|
VMW
2774
CALL
DELISTED
VMware, Inc
VMW
| $394K | ﹤0.01% |
5,000
-45,000
| -90% | -$3.49M |
|
2775
Graham Holdings Company
GHC
$4.97B
| $392K | ﹤0.01% |
+765
| New | +$373K |
|
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.