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 | 13.41% |
| 2 | Financials | 12.33% |
| 3 | Energy | 10.96% |
| 4 | Industrials | 10.38% |
| 5 | Technology | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Western Digital
WDC
$154B
| $33M | 0.07% |
642,352
+78,116
| +14% | +$3.6M |
|
402
CME Group
CME
$101B
| $33M | 0.07% |
285,978
+165,642
| +138% | +$18.4M |
|
403
United Parks & Resorts
PRKS
$1.65B
| $33M | 0.07% |
1,742,133
+1,668,806
| +2,276% | +$27.4M |
|
404
VanEck Gold Miners ETF
GDX
$28.3B
| $33M | 0.07% |
1,575,720
+1,377,138
| +693% | +$30.6M |
|
405
ServiceNow
NOW
$147B
| $32.9M | 0.07% |
2,211,640
+1,121,570
| +103% | +$18.1M |
|
|
PDS
406
Precision Drilling
PDS
$1.11B
| $32.8M | 0.07% |
301,366
+192,485
| +177% | +$18.9M |
|
407
Core Laboratories
CLB
$574M
| $32.8M | 0.07% |
273,588
+206,824
| +310% | +$22.9M |
|
|
WMGI
408
DELISTED
Wright Medical Group Inc
WMGI
| $32.8M | 0.07% |
1,429,071
+294,957
| +26% | +$6.86M |
|
409
First Industrial Realty Trust
FR
$8.14B
| $32.8M | 0.07% |
1,168,461
+33,748
| +3% | +$899K |
|
410
Tyson Foods
TSN
$18.6B
| $32.7M | 0.07% |
530,867
+237,903
| +81% | +$15.6M |
|
411
Spectrum Brands
SPB
$1.98B
| $32.7M | 0.07% |
266,918
+70,206
| +36% | +$8.97M |
|
412
Lear
LEA
$6.45B
| $32.6M | 0.07% |
246,173
+226,032
| +1,122% | +$28.4M |
|
413
Microchip Technology
MCHP
$38.8B
| $32.4M | 0.07% |
+1,011,444
| New | +$31.8M |
|
414
Quanta Services
PWR
$93.5B
| $32.3M | 0.07% |
926,842
-253,955
| -22% | -$7.98M |
|
|
CXO
415
DELISTED
CONCHO RESOURCES INC.
CXO
| $32.2M | 0.07% |
242,846
+197,846
| +440% | +$26.9M |
|
|
ARCH
416
DELISTED
Arch Resources, Inc.
ARCH
| $32.1M | 0.07% |
+411,478
| New | +$31.1M |
|
417
Philip Morris
PM
$304B
| $32.1M | 0.07% |
350,616
+25,690
| +8% | +$2.38M |
|
418
Burlington
BURL
$14.6B
| $32.1M | 0.07% |
378,417
+45,907
| +14% | +$3.71M |
|
419
Texas Roadhouse
TXRH
$11.9B
| $31.9M | 0.07% |
661,978
+364,319
| +122% | +$16M |
|
420
Teck Resources
TECK
$32.5B
| $31.9M | 0.07% |
1,590,340
+1,539,125
| +3,005% | +$33.3M |
|
421
TransUnion
TRU
$14.9B
| $31.7M | 0.07% |
1,025,494
+566,035
| +123% | +$17.8M |
|
422
Corning
GLW
$124B
| $31.7M | 0.07% |
1,305,498
+863,884
| +196% | +$20.5M |
|
423
Glaukos
GKOS
$10.1B
| $31.6M | 0.07% |
921,665
+844,675
| +1,097% | +$28.9M |
|
424
Church & Dwight Co
CHD
$22.3B
| $31.5M | 0.07% |
713,870
+578,536
| +427% | +$26.4M |
|
425
Regeneron Pharmaceuticals
REGN
$81.7B
| $31.5M | 0.07% |
85,875
+77,010
| +869% | +$29.3M |
|
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 $7.71B 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 13% of assets, up from 11% a quarter earlier, followed by Financials and Energy.
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.