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 | |
|---|---|---|---|---|---|---|
1401
NOV
NOV
$7.11B
| $4.45M | 0.01% |
118,772
+73,778
| +164% | +$2.69M |
|
|
FOE
1402
DELISTED
Ferro Corporation
FOE
| $4.44M | 0.01% |
309,823
-466,679
| -60% | -$6.62M |
|
1403
Newmont
NEM
$96.4B
| $4.43M | 0.01% |
130,119
-1,600,755
| -92% | -$54.7M |
|
|
RUTH
1404
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $4.43M | 0.01% |
242,244
-90,855
| -27% | -$1.5M |
|
|
NTT
1405
DELISTED
Nippon Telegraph & Telephone
NTT
| $4.43M | 0.01% |
105,340
+12,244
| +13% | +$519K |
|
1406
POSCO
PKX
$15.5B
| $4.43M | 0.01% |
84,230
+74,539
| +769% | +$4M |
|
1407
Hackett Group
HCKT
$266M
| $4.41M | 0.01% |
249,819
+61,053
| +32% | +$1.03M |
|
|
LXFT
1408
DELISTED
Luxoft Holding, Inc.
LXFT
| $4.4M | 0.01% |
78,260
+411
| +0.5% | +$21.9K |
|
1409
Daktronics
DAKT
$953M
| $4.39M | 0.01% |
410,689
+41,105
| +11% | +$393K |
|
|
PBPB
1410
DELISTED
Potbelly
PBPB
| $4.39M | 0.01% |
340,043
+272,911
| +407% | +$3.65M |
|
1411
Evolent Health
EVH
$421M
| $4.38M | 0.01% |
296,233
+182,361
| +160% | +$3.59M |
|
1412
Extreme Networks
EXTR
$3.92B
| $4.38M | 0.01% |
871,478
-396,944
| -31% | -$1.8M |
|
1413
Factset
FDS
$10.1B
| $4.38M | 0.01% |
+26,796
| New | +$4.27M |
|
1414
Sun Life Financial
SLF
$46.6B
| $4.38M | 0.01% |
113,985
-4,346
| -4% | -$157K |
|
1415
Assembly Biosciences
ASMB
$507M
| $4.37M | 0.01% |
29,992
-317
| -1% | -$47.1K |
|
1416
Albany International
AIN
$2.16B
| $4.35M | 0.01% |
94,029
+32,302
| +52% | +$1.42M |
|
|
TFCFA
1417
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $4.35M | 0.01% |
155,267
-4,976,359
| -97% | -$134M |
|
|
CIVI
1418
DELISTED
Civitas Solutions, Inc.
CIVI
| $4.34M | 0.01% |
218,076
+191,112
| +709% | +$3.46M |
|
|
USG
1419
CALL
DELISTED
Usg
USG
| $4.33M | 0.01% |
+150,000
| New | +$4.13M |
|
|
AFSI
1420
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $4.32M | 0.01% |
157,769
-110,248
| -41% | -$2.93M |
|
|
CLD
1421
DELISTED
Cloud Peak Energy Inc
CLD
| $4.3M | 0.01% |
767,449
+418,049
| +120% | +$2.52M |
|
|
MCHB
1422
Mechanics Bancorp
MCHB
$3.51B
| $4.3M | 0.01% |
136,042
-9,466
| -7% | -$271K |
|
|
CPLA
1423
DELISTED
Capella Education Company
CPLA
| $4.29M | 0.01% |
48,866
-16,795
| -26% | -$1.3M |
|
|
CBI
1424
DELISTED
Chicago Bridge & Iron Nv
CBI
| $4.28M | 0.01% |
134,828
-244,963
| -64% | -$7.66M |
|
1425
Autoliv
ALV
$9.09B
| $4.28M | 0.01% |
52,473
-4,324
| -8% | -$321K |
|
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.