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 | |
|---|---|---|---|---|---|---|
2801
iShares US Home Construction ETF
ITB
$2.33B
| $370K | ﹤0.01% |
+13,459
| New | +$366K |
|
|
SCTL
2802
DELISTED
Societal CDMO, Inc. Common Stock
SCTL
| $370K | ﹤0.01% |
+51,126
| New | +$350K |
|
2803
Utah Medical Products
UTMD
$214M
| $369K | ﹤0.01% |
+5,077
| New | +$330K |
|
2804
e.l.f. Beauty
ELF
$4.56B
| $368K | ﹤0.01% |
12,719
-80,419
| -86% | -$2.28M |
|
|
MTL
2805
DELISTED
Mechel PAO American Depository Shares, each representing two ordinary shares (ADSs)
MTL
| $368K | ﹤0.01% |
+64,206
| New | +$321K |
|
2806
EastGroup Properties
EGP
$11.5B
| $367K | ﹤0.01% |
4,965
-58,785
| -92% | -$4.07M |
|
|
GHY
2807
PGIM Global High Yield Fund
GHY
$478M
| $367K | ﹤0.01% |
+24,675
| New | +$364K |
|
|
CGNT
2808
DELISTED
Cogentix Medical, Inc.
CGNT
| $367K | ﹤0.01% |
+182,797
| New | +$373K |
|
2809
AXT Inc
AXTI
$3.09B
| $363K | ﹤0.01% |
75,672
+42,448
| +128% | +$219K |
|
2810
Information Services Group
III
$185M
| $363K | ﹤0.01% |
+99,735
| New | +$385K |
|
2811
RE/MAX Holdings
RMAX
$200M
| $363K | ﹤0.01% |
+6,486
| New | +$314K |
|
|
HEOP
2812
DELISTED
Heritage Oaks Bancorp
HEOP
| $363K | ﹤0.01% |
+29,429
| New | +$280K |
|
2813
Vanguard Global ex-US Real Estate ETF
VNQI
$3.46B
| $362K | ﹤0.01% |
7,295
-2,666
| -27% | -$139K |
|
2814
Kohl's
KSS
$2.03B
| $361K | ﹤0.01% |
7,316
-1,103,282
| -99% | -$54.6M |
|
2815
Oracle
ORCL
$331B
| $361K | ﹤0.01% |
9,396
-2,113,971
| -100% | -$82.7M |
|
|
NH
2816
DELISTED
NantHealth, Inc
NH
| $358K | ﹤0.01% |
+2,402
| New | +$425K |
|
2817
LifeVantage
LFVN
$82.4M
| $354K | ﹤0.01% |
43,454
-42,414
| -49% | -$363K |
|
2818
Travelzoo
TZOO
$103M
| $353K | ﹤0.01% |
37,513
+2,055
| +6% | +$22.8K |
|
|
CSBK
2819
DELISTED
Clifton Bancorp Inc.
CSBK
| $353K | ﹤0.01% |
20,869
+283
| +1% | +$4.53K |
|
2820
Stride
LRN
$3.69B
| $352K | ﹤0.01% |
20,501
+8,654
| +73% | +$125K |
|
2821
iShares China Large-Cap ETF
FXI
$4.14B
| $351K | ﹤0.01% |
10,100
-31,303
| -76% | -$1.15M |
|
|
CEO
2822
DELISTED
CNOOC Limited
CEO
| $351K | ﹤0.01% |
+2,831
| New | +$366K |
|
2823
3D Systems Corp
DDD
$420M
| $349K | ﹤0.01% |
+26,263
| New | +$385K |
|
|
AGFS
2824
DELISTED
AgroFresh Solutions Inc
AGFS
| $349K | ﹤0.01% |
131,821
+81,821
| +164% | +$302K |
|
2825
Gogo Inc
GOGO
$515M
| $347K | ﹤0.01% |
37,620
+14,565
| +63% | +$144K |
|
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.