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 | |
|---|---|---|---|---|---|---|
|
ENLC
1151
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $6.54M | 0.01% |
343,374
-230,641
| -40% | -$3.95M |
|
|
AMTD
1152
PUT
DELISTED
TD Ameritrade Holding Corp
AMTD
| $6.54M | 0.01% |
+150,000
| New | +$5.82M |
|
|
NVRO
1153
CALL
DELISTED
NEVRO CORP.
NVRO
| $6.54M | 0.01% |
90,000
+50,000
| +125% | +$4.28M |
|
|
HMHC
1154
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $6.53M | 0.01% |
601,892
+572,856
| +1,973% | +$6.71M |
|
1155
Unisys
UIS
$252M
| $6.53M | 0.01% |
436,696
-56,985
| -12% | -$724K |
|
1156
NMI Holdings
NMIH
$3.37B
| $6.51M | 0.01% |
611,705
+94,325
| +18% | +$834K |
|
|
CAMP
1157
DELISTED
CalAmp Corp.
CAMP
| $6.51M | 0.01% |
19,518
+12,872
| +194% | +$4.24M |
|
|
NVTA
1158
DELISTED
Invitae Corporation
NVTA
| $6.5M | 0.01% |
819,202
+602,014
| +277% | +$4.5M |
|
|
CBPO
1159
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $6.5M | 0.01% |
60,485
+168
| +0.3% | +$19.6K |
|
|
DO
1160
DELISTED
Diamond Offshore Drilling
DO
| $6.49M | 0.01% |
+366,620
| New | +$6.46M |
|
1161
Align Technology
ALGN
$12.9B
| $6.49M | 0.01% |
67,461
-16,811
| -20% | -$1.56M |
|
|
BOJA
1162
DELISTED
Bojangles', Inc. Common Stock
BOJA
| $6.48M | 0.01% |
347,650
+310,735
| +842% | +$5.42M |
|
|
AMAG
1163
DELISTED
AMAG Pharmaceuticals
AMAG
| $6.47M | 0.01% |
185,963
-34,115
| -16% | -$1.02M |
|
1164
Brink's
BCO
$5.01B
| $6.47M | 0.01% |
156,865
-244,168
| -61% | -$9.8M |
|
1165
Globe Life
GL
$14B
| $6.42M | 0.01% |
87,080
+36,712
| +73% | +$2.52M |
|
1166
Murphy USA
MUSA
$11.4B
| $6.41M | 0.01% |
+104,323
| New | +$7.02M |
|
1167
Safety Insurance
SAFT
$1.51B
| $6.4M | 0.01% |
86,894
+75,715
| +677% | +$5.29M |
|
1168
Box
BOX
$4.49B
| $6.4M | 0.01% |
461,549
+278,756
| +152% | +$4.13M |
|
1169
Banc of California
BANC
$2.87B
| $6.39M | 0.01% |
368,172
-207,146
| -36% | -$3.18M |
|
1170
Dine Brands
DIN
$462M
| $6.39M | 0.01% |
82,959
+5,790
| +8% | +$470K |
|
|
GNC
1171
DELISTED
GNC Holdings, Inc.
GNC
| $6.39M | 0.01% |
578,475
-344,885
| -37% | -$5.4M |
|
1172
CNA Financial
CNA
$14.9B
| $6.36M | 0.01% |
153,287
+1,760
| +1% | +$66.9K |
|
1173
Rogers Corp
ROG
$2.08B
| $6.34M | 0.01% |
82,591
+66,406
| +410% | +$4.5M |
|
|
LTXB
1174
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $6.34M | 0.01% |
147,205
-654,621
| -82% | -$24.4M |
|
1175
Century Communities
CCS
$1.98B
| $6.33M | 0.01% |
301,420
+194,683
| +182% | +$4.04M |
|
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.