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 | |
|---|---|---|---|---|---|---|
|
TGI
1351
DELISTED
Triumph Group
TGI
| $4.77M | 0.01% |
179,928
+75,123
| +72% | +$2M |
|
1352
Madison Square Garden
MSGS
$9.58B
| $4.76M | 0.01% |
38,915
-84,277
| -68% | -$10.2M |
|
1353
Financial Institutions
FISI
$830M
| $4.75M | 0.01% |
138,917
+116,714
| +526% | +$3.47M |
|
1354
HDFC Bank
HDB
$121B
| $4.75M | 0.01% |
+313,100
| New | +$5.24M |
|
1355
BlackBerry
BB
$4.74B
| $4.74M | 0.01% |
688,247
-1,038,855
| -60% | -$7.72M |
|
1356
Customers Bancorp
CUBI
$2.69B
| $4.74M | 0.01% |
132,314
+35,291
| +36% | +$1.04M |
|
1357
LiveRamp
RAMP
$2.29B
| $4.73M | 0.01% |
176,542
+24,548
| +16% | +$637K |
|
|
SNBR
1358
DELISTED
Sleep Number
SNBR
| $4.73M | 0.01% |
+208,960
| New | +$4.52M |
|
1359
Enterprise Products Partners
EPD
$83.6B
| $4.72M | 0.01% |
174,602
-1,403,312
| -89% | -$36.6M |
|
1360
CALL
Fastenal
FAST
$55.2B
| $4.7M | 0.01% |
+400,000
| New | +$4.39M |
|
1361
Invesco DB US Dollar Index Bullish Fund
UUP
$426M
| $4.7M | 0.01% |
177,543
-12,457
| -7% | -$321K |
|
|
TECD
1362
DELISTED
Tech Data Corp
TECD
| $4.7M | 0.01% |
+55,444
| New | +$4.61M |
|
|
CYOU
1363
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $4.69M | 0.01% |
220,905
+122,477
| +124% | +$3.1M |
|
1364
SPX Corp
SPXC
$10.2B
| $4.67M | 0.01% |
197,081
+54,694
| +38% | +$1.2M |
|
|
ACHN
1365
DELISTED
Achillion Pharmaceuticals
ACHN
| $4.67M | 0.01% |
1,130,923
+1,067,461
| +1,682% | +$5.67M |
|
1366
Viavi Solutions
VIAV
$8.66B
| $4.67M | 0.01% |
570,331
-1,173,048
| -67% | -$9.11M |
|
1367
Moog Inc Class A
MOG.A
$13.1B
| $4.64M | 0.01% |
70,717
-10,723
| -13% | -$684K |
|
|
MODV
1368
DELISTED
ModivCare
MODV
| $4.64M | 0.01% |
122,004
+95,833
| +366% | +$3.88M |
|
1369
CALL
AB InBev
BUD
$161B
| $4.64M | 0.01% |
+44,000
| New | +$4.93M |
|
1370
PUT
Lincoln National
LNC
$8.19B
| $4.64M | 0.01% |
+70,000
| New | +$4.07M |
|
1371
NorthWestern Energy
NWE
$4.45B
| $4.63M | 0.01% |
81,467
-27,100
| -25% | -$1.52M |
|
1372
CALL
Avanos Medical
AVNS
| $4.62M | 0.01% |
+125,000
| New | +$4.47M |
|
|
1373
Avanos Medical
AVNS
| $4.62M | 0.01% |
124,940
-149,713
| -55% | -$5.35M |
|
|
DRRX
1374
DELISTED
DURECT Corp
DRRX
| $4.62M | 0.01% |
344,389
+118,742
| +53% | +$1.52M |
|
1375
Ascendis Pharma A/S
ASND
$16.7B
| $4.59M | 0.01% |
226,804
+150,582
| +198% | +$3.01M |
|
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.