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 | |
|---|---|---|---|---|---|---|
|
IMPV
1126
DELISTED
Imperva, Inc.
IMPV
| $6.89M | 0.01% |
179,509
-10,239
| -5% | -$416K |
|
1127
Vulcan Materials
VMC
$36.8B
| $6.88M | 0.01% |
54,955
-793,569
| -94% | -$96M |
|
1128
Casella Waste Systems
CWST
$5.76B
| $6.86M | 0.01% |
552,745
+190,566
| +53% | +$2.24M |
|
1129
Yum! Brands
YUM
$41.9B
| $6.85M | 0.01% |
108,226
-390,758
| -78% | -$24.5M |
|
|
CCRN
1130
DELISTED
Cross Country Healthcare
CCRN
| $6.85M | 0.01% |
438,578
+291,165
| +198% | +$3.99M |
|
1131
BJ's Restaurants
BJRI
$1.47B
| $6.84M | 0.01% |
174,136
+21,509
| +14% | +$802K |
|
1132
PUT
Cummins
CMI
$83.6B
| $6.83M | 0.01% |
+50,000
| New | +$6.69M |
|
|
SGI
1133
PUT
Somnigroup International
SGI
$14.4B
| $6.83M | 0.01% |
+400,000
| New | +$5.97M |
|
1134
CALL
Autoliv
ALV
$9.14B
| $6.79M | 0.01% |
+83,280
| New | +$6.19M |
|
|
CHCT
1135
Community Healthcare Trust
CHCT
$536M
| $6.77M | 0.01% |
293,903
+39,672
| +16% | +$886K |
|
1136
Kulicke & Soffa
KLIC
$4.34B
| $6.75M | 0.01% |
423,469
+158,414
| +60% | +$2.31M |
|
1137
Manulife Financial
MFC
$73B
| $6.75M | 0.01% |
378,902
+267,895
| +241% | +$4.36M |
|
|
DFS
1138
DELISTED
Discover Financial Services
DFS
| $6.75M | 0.01% |
93,587
-773,209
| -89% | -$49.2M |
|
1139
Vanguard S&P 500 ETF
VOO
$956B
| $6.75M | 0.01% |
32,861
-28,825
| -47% | -$5.78M |
|
|
KAMN
1140
DELISTED
Kaman Corp
KAMN
| $6.74M | 0.01% |
137,695
+132,616
| +2,611% | +$6.17M |
|
1141
Korea Electric Power
KEP
$14.6B
| $6.73M | 0.01% |
364,120
+281,705
| +342% | +$5.87M |
|
1142
Coca-Cola Femsa
KOF
$22.5B
| $6.71M | 0.01% |
105,577
+45,843
| +77% | +$3.2M |
|
1143
Adecoagro
AGRO
$1.4B
| $6.7M | 0.01% |
645,471
-13,982
| -2% | -$150K |
|
1144
Karyopharm Therapeutics
KPTI
$155M
| $6.68M | 0.01% |
47,410
-10,714
| -18% | -$1.45M |
|
|
CCMP
1145
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $6.67M | 0.01% |
105,524
+51,557
| +96% | +$2.98M |
|
|
MEG
1146
DELISTED
Media General, Inc
MEG
| $6.66M | 0.01% |
353,623
-106,351
| -23% | -$1.93M |
|
1147
MasTec
MTZ
$22.7B
| $6.64M | 0.01% |
173,599
-212,584
| -55% | -$7.21M |
|
1148
Sensient Technologies
SXT
$5.22B
| $6.63M | 0.01% |
84,435
-37,953
| -31% | -$2.9M |
|
|
AMCC
1149
DELISTED
Applied Micro Circuits Corporation New
AMCC
| $6.59M | 0.01% |
798,278
+594,005
| +291% | +$4.5M |
|
|
XIV
1150
DELISTED
VelocityShares Daily Inverse VIX Short Term ETN
XIV
| $6.54M | 0.01% |
+140,000
| New | +$5.83M |
|
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.