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 | |
|---|---|---|---|---|---|---|
|
NLSN
1176
DELISTED
Nielsen Holdings plc
NLSN
| $6.32M | 0.01% |
150,545
+52,522
| +54% | +$2.41M |
|
1177
ScottsMiracle-Gro
SMG
$4.09B
| $6.31M | 0.01% |
+66,040
| New | +$5.92M |
|
1178
Applied Optoelectronics
AAOI
$6.14B
| $6.31M | 0.01% |
269,129
+191,237
| +246% | +$4.43M |
|
1179
KKR & Co
KKR
$89.1B
| $6.3M | 0.01% |
409,671
-103,818
| -20% | -$1.57M |
|
1180
Minerva Neurosciences
NERV
$191M
| $6.3M | 0.01% |
67,012
-40,066
| -37% | -$4.09M |
|
1181
Regal Rexnord
RRX
$12.5B
| $6.28M | 0.01% |
90,746
+6,090
| +7% | +$403K |
|
1182
Ardelyx
ARDX
$1.24B
| $6.25M | 0.01% |
440,496
+135,250
| +44% | +$1.92M |
|
1183
Reinsurance Group of America
RGA
$15.5B
| $6.24M | 0.01% |
49,589
-78,344
| -61% | -$9.19M |
|
1184
Brinker International
EAT
$8.82B
| $6.22M | 0.01% |
125,525
-97,989
| -44% | -$5.04M |
|
1185
Archer Daniels Midland
ADM
$38.7B
| $6.21M | 0.01% |
+136,043
| New | +$6.02M |
|
1186
CALL
ResMed
RMD
$31.1B
| $6.21M | 0.01% |
+100,000
| New | +$6.12M |
|
|
MPT
1187
Medical Properties Trust
MPT
$2.84B
| $6.19M | 0.01% |
503,509
-304,119
| -38% | -$3.94M |
|
|
PHH
1188
DELISTED
PHH Corporation
PHH
| $6.19M | 0.01% |
408,179
-407,955
| -50% | -$6.03M |
|
1189
Repligen
RGEN
$6.91B
| $6.16M | 0.01% |
199,972
+97,312
| +95% | +$3.01M |
|
1190
Corbus Pharmaceuticals
CRBP
$165M
| $6.16M | 0.01% |
+24,305
| New | +$5.57M |
|
|
NAK
1191
Northern Dynasty Minerals
NAK
$773M
| $6.16M | 0.01% |
2,975,863
+2,896,641
| +3,656% | +$3.37M |
|
1192
SiriusPoint
SPNT
$3.03B
| $6.15M | 0.01% |
532,220
+294,995
| +124% | +$3.55M |
|
1193
Ternium
TX
$9.43B
| $6.14M | 0.01% |
254,435
-379,187
| -60% | -$8.85M |
|
1194
Interactive Brokers
IBKR
$38.4B
| $6.14M | 0.01% |
+673,164
| New | +$6.13M |
|
|
HSKA
1195
DELISTED
Heska Corp
HSKA
| $6.14M | 0.01% |
85,745
-16,264
| -16% | -$1.01M |
|
1196
Loews
L
$24.5B
| $6.13M | 0.01% |
130,906
-101,223
| -44% | -$4.44M |
|
|
JONE
1197
DELISTED
Jones Energy, Inc.
JONE
| $6.12M | 0.01% |
66,544
+48,680
| +273% | +$3.94M |
|
|
WR
1198
DELISTED
Westar Energy Inc
WR
| $6.12M | 0.01% |
108,560
-1,628,410
| -94% | -$92.6M |
|
1199
Braskem
BAK
$901M
| $6.11M | 0.01% |
288,243
+93,060
| +48% | +$1.64M |
|
1200
Central Garden & Pet Co Class A
CENTA
$2.43B
| $6.11M | 0.01% |
247,309
+60,645
| +32% | +$1.31M |
|
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.