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 | |
|---|---|---|---|---|---|---|
1451
Essential Utilities
WTRG
$11.5B
| $4.14M | 0.01% |
137,724
-361,191
| -72% | -$10.8M |
|
1452
Silgan Holdings
SLGN
$5.07B
| $4.13M | 0.01% |
+161,542
| New | +$4.06M |
|
1453
Pool Corp
POOL
$7B
| $4.13M | 0.01% |
39,562
-168,851
| -81% | -$16.7M |
|
1454
SITE Centers
SITC
$235M
| $4.13M | 0.01% |
209,766
-1,060,473
| -83% | -$21.2M |
|
1455
CALL
Vanguard Real Estate ETF
VNQ
$40B
| $4.13M | 0.01% |
+50,000
| New | +$4.07M |
|
1456
Rush Enterprises Class A
RUSHA
$6.13B
| $4.12M | 0.01% |
290,837
+51,669
| +22% | +$639K |
|
|
AGTC
1457
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $4.12M | 0.01% |
440,638
+90,908
| +26% | +$819K |
|
|
APOL
1458
CALL
DELISTED
Apollo Education Group Inc Class A
APOL
| $4.12M | 0.01% |
+416,200
| New | +$3.8M |
|
1459
Kearny Financial
KRNY
$607M
| $4.11M | 0.01% |
264,267
-128,296
| -33% | -$1.88M |
|
|
RXDX
1460
DELISTED
Ignyta, Inc.
RXDX
| $4.1M | 0.01% |
773,977
+158,154
| +26% | +$922K |
|
|
CLC
1461
PUT
DELISTED
Clarcor
CLC
| $4.1M | 0.01% |
+49,700
| New | +$3.51M |
|
1462
Alerian MLP ETF
AMLP
$12.9B
| $4.1M | 0.01% |
65,016
-103,952
| -62% | -$6.42M |
|
1463
Cavco Industries
CVCO
$4.54B
| $4.09M | 0.01% |
40,956
+18,061
| +79% | +$1.74M |
|
1464
PUT
Axalta
AXTA
$7.58B
| $4.08M | 0.01% |
+150,000
| New | +$3.95M |
|
1465
iShares Russell 2000 ETF
IWM
$80.4B
| $4.07M | 0.01% |
30,170
+19,670
| +187% | +$2.51M |
|
1466
Citigroup
C
$222B
| $4.06M | 0.01% |
68,304
-172,546
| -72% | -$9.31M |
|
|
AXE
1467
DELISTED
Anixter International Inc
AXE
| $4.05M | 0.01% |
49,928
+42,994
| +620% | +$3.11M |
|
|
DDC
1468
DELISTED
Dominion Diamond Corporation
DDC
| $4.04M | 0.01% |
417,548
+128,934
| +45% | +$1.18M |
|
|
HTBK
1469
DELISTED
Heritage Commerce
HTBK
| $4.04M | 0.01% |
280,014
+162,976
| +139% | +$1.98M |
|
1470
Ironwood Pharmaceuticals
IRWD
$626M
| $4.04M | 0.01% |
315,341
-93,390
| -23% | -$1.18M |
|
1471
CALL
Home Depot
HD
$343B
| $4.02M | 0.01% |
30,000
-70,000
| -70% | -$9.02M |
|
1472
IDEX
IEX
$16.6B
| $4.02M | 0.01% |
44,591
+11,371
| +34% | +$1.03M |
|
|
CDK
1473
DELISTED
CDK Global, Inc.
CDK
| $4.01M | 0.01% |
67,236
-440,344
| -87% | -$25.2M |
|
1474
LivaNova
LIVN
$4.51B
| $4.01M | 0.01% |
89,206
-67,292
| -43% | -$3.31M |
|
|
LGF.A
1475
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $4M | 0.01% |
+148,833
| New | +$4.03M |
|
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.