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 | |
|---|---|---|---|---|---|---|
1376
Banco Macro
BMA
$5.81B
| $4.59M | 0.01% |
71,348
-11,625
| -14% | -$837K |
|
|
SEP
1377
DELISTED
Spectra Engy Parters Lp
SEP
| $4.58M | 0.01% |
99,958
-245,757
| -71% | -$10.7M |
|
|
AIRM
1378
DELISTED
Air Methods Corp
AIRM
| $4.57M | 0.01% |
143,525
-45,177
| -24% | -$1.39M |
|
1379
Watts Water Technologies
WTS
$11.6B
| $4.57M | 0.01% |
+70,028
| New | +$4.58M |
|
1380
Lesaka Technologies
LSAK
$392M
| $4.56M | 0.01% |
397,385
-132,919
| -25% | -$1.46M |
|
1381
Ventas
VTR
$47.7B
| $4.56M | 0.01% |
72,926
-61,432
| -46% | -$3.89M |
|
1382
CALL
Agilent Technologies
A
$39.7B
| $4.56M | 0.01% |
100,000
+90,000
| +900% | +$4.08M |
|
1383
Magna International
MGA
$18.8B
| $4.54M | 0.01% |
104,714
-98,060
| -48% | -$4.12M |
|
1384
Sempra
SRE
$59.2B
| $4.54M | 0.01% |
90,194
-1,909,854
| -95% | -$97.2M |
|
|
NTRI
1385
DELISTED
NutriSystem, Inc.
NTRI
| $4.53M | 0.01% |
130,841
+33,888
| +35% | +$1.15M |
|
1386
Forestar Group
FOR
$1.5B
| $4.53M | 0.01% |
340,847
-6,806
| -2% | -$83.3K |
|
|
VSTO
1387
DELISTED
Vista Outdoor Inc.
VSTO
| $4.53M | 0.01% |
122,720
+49,546
| +68% | +$1.91M |
|
|
IMGN
1388
DELISTED
Immunogen Inc
IMGN
| $4.53M | 0.01% |
2,218,350
+404,030
| +22% | +$811K |
|
1389
McGrath RentCorp
MGRC
$2.95B
| $4.52M | 0.01% |
115,359
+36,116
| +46% | +$1.26M |
|
1390
Onto Innovation
ONTO
$12B
| $4.52M | 0.01% |
180,255
+119,899
| +199% | +$2.74M |
|
1391
PUT
Weyerhaeuser
WY
$17.7B
| $4.51M | 0.01% |
+150,000
| New | +$4.62M |
|
1392
Toro Company
TTC
$9.08B
| $4.51M | 0.01% |
80,558
-185,792
| -70% | -$9.48M |
|
|
COBZ
1393
DELISTED
CoBiz Financial,Inc
COBZ
| $4.51M | 0.01% |
266,825
+152,485
| +133% | +$2.23M |
|
|
CCP
1394
DELISTED
Care Capital Properties, Inc.
CCP
| $4.5M | 0.01% |
180,140
-388,012
| -68% | -$9.74M |
|
1395
Varonis Systems
VRNS
$5.13B
| $4.5M | 0.01% |
504,078
+399,678
| +383% | +$3.8M |
|
1396
Performance Food Group
PFGC
$18.1B
| $4.5M | 0.01% |
187,478
+38,059
| +25% | +$904K |
|
1397
FB Financial Corp
FBK
$2.98B
| $4.5M | 0.01% |
173,239
-102,811
| -37% | -$2.35M |
|
1398
Diamondback Energy
FANG
$53.5B
| $4.48M | 0.01% |
44,312
-793,481
| -95% | -$79.2M |
|
|
TRST
1399
Trustco Bank Corp NY
TRST
$984M
| $4.48M | 0.01% |
102,302
+41,500
| +68% | +$1.62M |
|
|
ENV
1400
DELISTED
ENVESTNET, INC.
ENV
| $4.47M | 0.01% |
+126,755
| New | +$4.55M |
|
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.