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 | |
|---|---|---|---|---|---|---|
901
Invesco
IVZ
$12.4B
| $10.5M | 0.02% |
+345,133
| New | +$10.6M |
|
|
DOOR
902
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $10.5M | 0.02% |
159,139
+59,859
| +60% | +$3.75M |
|
|
CTRA
903
CALL
DELISTED
Coterra Energy
CTRA
| $10.5M | 0.02% |
447,500
+47,500
| +12% | +$1.07M |
|
904
A.O. Smith
AOS
$8.55B
| $10.4M | 0.02% |
220,556
+59,932
| +37% | +$2.89M |
|
|
MDP
905
DELISTED
Meredith Corporation
MDP
| $10.4M | 0.02% |
176,184
+55,846
| +46% | +$2.93M |
|
|
UNIT
906
Uniti Group
UNIT
$2.52B
| $10.4M | 0.02% |
410,011
-1,996,379
| -83% | -$53.8M |
|
|
IMMU
907
DELISTED
Immunomedics Inc
IMMU
| $10.4M | 0.02% |
2,831,007
+1,553,213
| +122% | +$4.6M |
|
|
QTS
908
DELISTED
QTS REALTY TRUST, INC.
QTS
| $10.4M | 0.02% |
208,992
+32,827
| +19% | +$1.59M |
|
|
RPT
909
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $10.4M | 0.02% |
624,944
+188,406
| +43% | +$3.22M |
|
|
CADE
910
DELISTED
Cadence Bank
CADE
| $10.3M | 0.02% |
331,658
-1,486,158
| -82% | -$39.8M |
|
911
Electronic Arts
EA
$52.4B
| $10.3M | 0.02% |
130,394
-855,759
| -87% | -$68.8M |
|
|
NSTG
912
DELISTED
NanoString Technologies, Inc.
NSTG
| $10.2M | 0.02% |
458,926
-142,458
| -24% | -$3.05M |
|
913
Bruker
BRKR
$9.4B
| $10.2M | 0.02% |
482,312
+426,821
| +769% | +$9.33M |
|
914
RingCentral
RNG
$4.83B
| $10.2M | 0.02% |
495,867
+99,217
| +25% | +$2.17M |
|
|
CVA
915
DELISTED
Covanta Holding Corporation
CVA
| $10.2M | 0.02% |
+654,526
| New | +$9.73M |
|
|
SYNT
916
DELISTED
Syntel Inc
SYNT
| $10.2M | 0.02% |
515,932
+509,035
| +7,381% | +$11M |
|
917
Analog Devices
ADI
$172B
| $10.2M | 0.02% |
+140,443
| New | +$9.55M |
|
|
WP
918
DELISTED
Worldpay, Inc.
WP
| $10.2M | 0.02% |
+171,075
| New | +$9.89M |
|
|
WWAV
919
DELISTED
The WhiteWave Foods Company
WWAV
| $10.2M | 0.02% |
183,377
-60,835
| -25% | -$3.33M |
|
920
MidCap Financial Investment
MFIC
$801M
| $10.2M | 0.02% |
579,080
+567,913
| +5,086% | +$10.2M |
|
|
DPLO
921
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $10.2M | 0.02% |
806,103
+776,103
| +2,587% | +$14.5M |
|
922
Amkor Technology
AMKR
$10.6B
| $10.2M | 0.02% |
962,660
+587,297
| +156% | +$6.26M |
|
923
HubSpot
HUBS
$12.9B
| $10.2M | 0.02% |
216,006
+106,869
| +98% | +$5.66M |
|
|
WCC
924
WESCO International
WCC
$15.1B
| $10.2M | 0.02% |
152,532
+103,396
| +210% | +$6.57M |
|
925
Agios Pharmaceuticals
AGIO
$2.08B
| $10.1M | 0.02% |
242,310
+155,070
| +178% | +$8.14M |
|
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.