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 | |
|---|---|---|---|---|---|---|
1476
Bio-Techne
TECH
$11.2B
| $4M | 0.01% |
155,424
-284,240
| -65% | -$7.47M |
|
1477
CALL
Expeditors International
EXPD
$22.4B
| $3.97M | 0.01% |
+75,000
| New | +$3.92M |
|
|
TRIB
1478
Trinity Biotech
TRIB
$8.4M
| $3.97M | 0.01% |
3,822
+1,713
| +81% | +$1.77M |
|
1479
Chunghwa Telecom
CHT
$33.5B
| $3.96M | 0.01% |
125,555
+51,949
| +71% | +$1.75M |
|
1480
Novavax
NVAX
$1.21B
| $3.95M | 0.01% |
156,754
-119,661
| -43% | -$3.49M |
|
1481
Matthews International
MATW
$900M
| $3.95M | 0.01% |
+51,390
| New | +$3.46M |
|
1482
PUT
Eagle Materials
EXP
$6.86B
| $3.94M | 0.01% |
40,000
-50,000
| -56% | -$4.49M |
|
1483
Boston Beer
SAM
$1.93B
| $3.94M | 0.01% |
23,192
-20,534
| -47% | -$3.4M |
|
|
ALOG
1484
DELISTED
Analogic Corp
ALOG
| $3.94M | 0.01% |
+47,436
| New | +$4.08M |
|
1485
Nice
NICE
$5.94B
| $3.93M | 0.01% |
57,208
+14,748
| +35% | +$984K |
|
1486
SBA Communications
SBAC
$18.6B
| $3.93M | 0.01% |
38,093
-397,207
| -91% | -$41.8M |
|
|
YELL
1487
DELISTED
Yellow Corporation Common Stock
YELL
| $3.93M | 0.01% |
296,090
-28,986
| -9% | -$365K |
|
1488
PUT
Voya Financial
VOYA
$9.07B
| $3.92M | 0.01% |
+100,000
| New | +$3.52M |
|
|
TPIC
1489
DELISTED
TPI Composites
TPIC
| $3.91M | 0.01% |
+243,631
| New | +$3.95M |
|
|
UFS
1490
CALL
DELISTED
DOMTAR CORPORATION (New)
UFS
| $3.9M | 0.01% |
100,000
-150,000
| -60% | -$5.71M |
|
|
QEP
1491
CALL
DELISTED
QEP RESOURCES, INC.
QEP
| $3.9M | 0.01% |
211,600
| – | – |
|
1492
Albemarle
ALB
$13.3B
| $3.89M | 0.01% |
45,237
-63,713
| -58% | -$5.39M |
|
1493
Teva Pharmaceuticals
TEVA
$36.9B
| $3.89M | 0.01% |
107,352
-1,646,808
| -94% | -$65.7M |
|
|
LHO
1494
DELISTED
LaSalle Hotel Properties
LHO
| $3.89M | 0.01% |
127,709
+52,497
| +70% | +$1.41M |
|
1495
iShares MSCI Japan ETF
EWJ
$21.3B
| $3.87M | 0.01% |
+79,200
| New | +$3.95M |
|
|
SASR
1496
DELISTED
Sandy Spring Bancorp Inc
SASR
| $3.87M | 0.01% |
96,683
+60,357
| +166% | +$2.09M |
|
1497
CALL
Minerals Technologies
MTX
$2.33B
| $3.86M | 0.01% |
+50,000
| New | +$3.71M |
|
|
MXIM
1498
CALL
DELISTED
Maxim Integrated Products
MXIM
| $3.86M | 0.01% |
100,000
+50,000
| +100% | +$1.96M |
|
1499
Children's Place
PLCE
$55.8M
| $3.85M | 0.01% |
+38,175
| New | +$3.44M |
|
|
AJRD
1500
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $3.85M | 0.01% |
214,676
+98,134
| +84% | +$1.81M |
|
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.