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 | |
|---|---|---|---|---|---|---|
|
BLD
1276
DELISTED
TopBuild
BLD
| $5.41M | 0.01% |
151,844
+30,824
| +25% | +$1.06M |
|
1277
PUT
MetLife
MET
$62.5B
| $5.39M | 0.01% |
+112,200
| New | +$5.15M |
|
|
TXNM
1278
TXNM Energy Inc
TXNM
$6.42B
| $5.38M | 0.01% |
156,876
+88,047
| +128% | +$2.86M |
|
1279
Simmons First National
SFNC
$3.39B
| $5.37M | 0.01% |
+172,794
| New | +$4.86M |
|
|
NXGN
1280
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $5.37M | 0.01% |
408,396
+121,591
| +42% | +$1.56M |
|
|
MTGE
1281
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $5.36M | 0.01% |
+341,242
| New | +$5.66M |
|
|
RP
1282
DELISTED
RealPage, Inc.
RP
| $5.35M | 0.01% |
178,315
+159,121
| +829% | +$4.44M |
|
|
LMOS
1283
DELISTED
Lumos Networks Corp
LMOS
| $5.34M | 0.01% |
341,967
+5,958
| +2% | +$86.7K |
|
|
UGLD
1284
DELISTED
VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER
UGLD
| $5.33M | 0.01% |
63,806
-5,842
| -8% | -$591K |
|
1285
OneMain Financial
OMF
$7.35B
| $5.33M | 0.01% |
+240,783
| New | +$5.91M |
|
|
CRC
1286
PUT
DELISTED
California Resources Corporation
CRC
| $5.32M | 0.01% |
+250,000
| New | +$3.66M |
|
|
AVXS
1287
DELISTED
AveXis, Inc. Common Stock
AVXS
| $5.32M | 0.01% |
111,511
-214,984
| -66% | -$11.5M |
|
|
CYNO
1288
DELISTED
Cynosure, Inc. Class A
CYNO
| $5.32M | 0.01% |
116,713
-48,303
| -29% | -$2.21M |
|
1289
RLJ Lodging Trust
RLJ
$1.89B
| $5.32M | 0.01% |
217,027
+27,598
| +15% | +$608K |
|
1290
LyondellBasell Industries
LYB
$19.4B
| $5.31M | 0.01% |
61,915
-489,529
| -89% | -$41.1M |
|
|
TACO
1291
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $5.3M | 0.01% |
+375,228
| New | +$5.21M |
|
|
SIOX
1292
DELISTED
Sio Gene Therapies Inc. Common Stock
SIOX
| $5.29M | 0.01% |
53,286
-35,272
| -40% | -$3.71M |
|
1293
Qualys
QLYS
$4.72B
| $5.29M | 0.01% |
167,172
-91,714
| -35% | -$3.23M |
|
1294
Gibraltar Industries
ROCK
$1.29B
| $5.28M | 0.01% |
126,714
+68,770
| +119% | +$2.84M |
|
|
AEGN
1295
DELISTED
Aegion Corp
AEGN
| $5.28M | 0.01% |
+222,676
| New | +$4.94M |
|
1296
Huntington Ingalls Industries
HII
$11.4B
| $5.27M | 0.01% |
28,628
-74,456
| -72% | -$12.6M |
|
1297
Oneok
OKE
$57.1B
| $5.24M | 0.01% |
91,341
+61,341
| +204% | +$3.22M |
|
1298
WIX.com
WIX
$2.53B
| $5.24M | 0.01% |
117,649
+55,196
| +88% | +$2.49M |
|
1299
Chubb
CB
$141B
| $5.24M | 0.01% |
39,639
+18,018
| +83% | +$2.3M |
|
|
ALEX
1300
DELISTED
Alexander & Baldwin
ALEX
| $5.23M | 0.01% |
116,654
+110,806
| +1,895% | +$4.62M |
|
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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.