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 | |
|---|---|---|---|---|---|---|
1001
Archrock
AROC
$6.16B
| $8.8M | 0.02% |
666,488
+116,132
| +21% | +$1.5M |
|
|
AMTD
1002
DELISTED
TD Ameritrade Holding Corp
AMTD
| $8.76M | 0.02% |
200,959
-13,310
| -6% | -$517K |
|
|
DNKN
1003
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $8.75M | 0.02% |
166,805
-582,007
| -78% | -$30M |
|
1004
Canadian Imperial Bank of Commerce
CM
$106B
| $8.74M | 0.02% |
214,286
-87,116
| -29% | -$3.41M |
|
1005
Arch Capital
ACGL
$36.5B
| $8.74M | 0.02% |
303,945
-23,496
| -7% | -$639K |
|
|
BNCL
1006
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $8.71M | 0.02% |
473,528
-101,705
| -18% | -$1.66M |
|
1007
Simpson Manufacturing
SSD
$7.79B
| $8.71M | 0.02% |
198,982
+186,389
| +1,480% | +$8.35M |
|
1008
CRH
CRH
$66.6B
| $8.69M | 0.02% |
252,623
+243,975
| +2,821% | +$8.12M |
|
1009
Generac Holdings
GNRC
$11.5B
| $8.63M | 0.02% |
211,780
+95,282
| +82% | +$3.77M |
|
|
HRG
1010
DELISTED
HRG Group, Inc.
HRG
| $8.59M | 0.02% |
552,044
+160,732
| +41% | +$2.46M |
|
1011
Alnylam Pharmaceuticals
ALNY
$38.3B
| $8.58M | 0.02% |
229,240
+217,283
| +1,817% | +$9.1M |
|
|
TMHC
1012
DELISTED
Taylor Morrison
TMHC
| $8.57M | 0.02% |
444,946
+60,355
| +16% | +$1.13M |
|
1013
PJT Partners
PJT
$4.26B
| $8.55M | 0.02% |
277,051
+46,531
| +20% | +$1.34M |
|
|
NPKI
1014
NPK International
NPKI
$1.02B
| $8.55M | 0.02% |
1,140,057
-62,626
| -5% | -$455K |
|
|
AZPN
1015
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $8.54M | 0.02% |
+156,126
| New | +$8.54M |
|
1016
Regenxbio
RGNX
$616M
| $8.54M | 0.02% |
460,114
-13,738
| -3% | -$263K |
|
1017
Darling Ingredients
DAR
$9.32B
| $8.53M | 0.02% |
660,720
-302,566
| -31% | -$4.1M |
|
1018
Element Solutions
ESI
$8.48B
| $8.52M | 0.02% |
868,185
+357,015
| +70% | +$3.05M |
|
1019
State Street Utilities Select Sector SPDR ETF
XLU
$23.1B
| $8.51M | 0.02% |
+350,600
| New | +$8.37M |
|
|
TRVG
1020
trivago
TRVG
$385M
| $8.46M | 0.02% |
+144,057
| New | +$8.49M |
|
1021
Trimble
TRMB
$13.6B
| $8.46M | 0.02% |
280,665
-242,719
| -46% | -$6.95M |
|
1022
Brady Corp
BRC
$4.46B
| $8.43M | 0.02% |
224,578
-230,482
| -51% | -$8.29M |
|
|
UFS
1023
DELISTED
DOMTAR CORPORATION (New)
UFS
| $8.43M | 0.02% |
+215,854
| New | +$8.22M |
|
|
DHC
1024
Diversified Healthcare Trust
DHC
$2.15B
| $8.41M | 0.02% |
+444,079
| New | +$8.61M |
|
1025
iShares MSCI Mexico ETF
EWW
$1.89B
| $8.4M | 0.02% |
+190,965
| New | +$8.98M |
|
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.