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 | |
|---|---|---|---|---|---|---|
1226
Kaiser Aluminum
KALU
$2.48B
| $5.84M | 0.01% |
+75,237
| New | +$6.01M |
|
1227
WEC Energy
WEC
$36.3B
| $5.83M | 0.01% |
99,392
-219,459
| -69% | -$12.6M |
|
|
TTM
1228
DELISTED
Tata Motors Limited
TTM
| $5.83M | 0.01% |
169,413
-194,421
| -53% | -$7.17M |
|
|
WBT
1229
DELISTED
Welbilt, Inc.
WBT
| $5.82M | 0.01% |
301,249
+283,437
| +1,591% | +$4.84M |
|
1230
First Interstate BancSystem
FIBK
$3.67B
| $5.82M | 0.01% |
136,798
+129,355
| +1,738% | +$4.7M |
|
1231
Olin
OLN
$2.53B
| $5.82M | 0.01% |
227,118
-4,819,974
| -96% | -$114M |
|
|
CRZO
1232
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $5.82M | 0.01% |
155,704
+28,075
| +22% | +$1.08M |
|
1233
KRONOS Worldwide
KRO
$712M
| $5.81M | 0.01% |
486,920
+101,148
| +26% | +$1.03M |
|
1234
iShares MSCI Taiwan ETF
EWT
$9.13B
| $5.81M | 0.01% |
+197,882
| New | +$6.09M |
|
1235
TC Energy
TRP
$70.1B
| $5.81M | 0.01% |
128,674
-1,410,867
| -92% | -$64.1M |
|
1236
RenaissanceRe
RNR
$13.8B
| $5.81M | 0.01% |
42,629
+28,248
| +196% | +$3.62M |
|
1237
Gold Fields
GFI
$28.8B
| $5.8M | 0.01% |
1,926,213
-170,871
| -8% | -$612K |
|
|
MGP
1238
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $5.78M | 0.01% |
228,341
-338,082
| -60% | -$8.42M |
|
1239
First Solar
FSLR
$21.4B
| $5.77M | 0.01% |
179,789
-277,096
| -61% | -$9.73M |
|
1240
CALL
Abbott
ABT
$188B
| $5.76M | 0.01% |
+150,000
| New | +$5.95M |
|
|
ICPT
1241
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $5.76M | 0.01% |
53,000
+30,000
| +130% | +$3.57M |
|
1242
Rollins
ROL
$18.6B
| $5.74M | 0.01% |
+382,574
| New | +$5.31M |
|
1243
State Street SPDR S&P Bank ETF
KBE
$1.64B
| $5.73M | 0.01% |
131,907
+11,882
| +10% | +$459K |
|
1244
Commercial Metals
CMC
$7.53B
| $5.72M | 0.01% |
262,746
+235,246
| +855% | +$4.61M |
|
1245
iShares Russell 2000 Value ETF
IWN
$14.3B
| $5.71M | 0.01% |
48,000
+5,000
| +12% | +$553K |
|
1246
CALL
Kimberly-Clark
KMB
$37.6B
| $5.71M | 0.01% |
+50,000
| New | +$5.8M |
|
|
VCRA
1247
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $5.67M | 0.01% |
306,734
+41,886
| +16% | +$747K |
|
|
HIMX
1248
Himax Technologies
HIMX
$2.03B
| $5.67M | 0.01% |
938,844
+803,411
| +593% | +$6.07M |
|
|
VWR
1249
DELISTED
VWR Corporation
VWR
| $5.67M | 0.01% |
226,519
-276,243
| -55% | -$7.34M |
|
|
ONIT
1250
Onity Group
ONIT
$342M
| $5.67M | 0.01% |
70,096
-4,411
| -6% | -$311K |
|
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.