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 | |
|---|---|---|---|---|---|---|
1551
SLR Investment Corp
SLRC
$708M
| $3.62M | 0.01% |
174,019
+1,645
| +1% | +$33.6K |
|
|
FPO
1552
DELISTED
First Potomac Realty Trust
FPO
| $3.62M | 0.01% |
329,935
-23,858
| -7% | -$226K |
|
|
SHLM
1553
DELISTED
Schulman (A.) Inc
SHLM
| $3.61M | 0.01% |
+108,031
| New | +$3.42M |
|
|
BNCN
1554
DELISTED
BNC Bancorp
BNCN
| $3.6M | 0.01% |
112,891
+9,411
| +9% | +$264K |
|
1555
Pacific Biosciences
PACB
$432M
| $3.6M | 0.01% |
946,545
+154,570
| +20% | +$1.12M |
|
1556
State Street Energy Select Sector SPDR ETF
XLE
$38.3B
| $3.59M | 0.01% |
+95,242
| New | +$3.44M |
|
|
BPL
1557
DELISTED
Buckeye Partners, L.P.
BPL
| $3.58M | 0.01% |
54,086
-34,927
| -39% | -$2.31M |
|
|
CTRL
1558
DELISTED
Control4 Corporation
CTRL
| $3.57M | 0.01% |
349,644
+224,031
| +178% | +$2.55M |
|
|
KA
1559
DELISTED
Kineta, Inc. Common Stock
KA
| $3.54M | 0.01% |
2,064
+686
| +50% | +$1.12M |
|
1560
Deckers Outdoor
DECK
$14.2B
| $3.54M | 0.01% |
+383,502
| New | +$3.69M |
|
|
SIR
1561
DELISTED
SELECT INCOME REIT
SIR
| $3.54M | 0.01% |
319,597
-429,217
| -57% | -$4.68M |
|
1562
Accenture
ACN
$101B
| $3.54M | 0.01% |
+30,210
| New | +$3.59M |
|
1563
8x8 Inc
EGHT
$271M
| $3.53M | 0.01% |
+247,118
| New | +$3.58M |
|
|
SVC
1564
Service Properties Trust
SVC
$1.09B
| $3.53M | 0.01% |
+22,239
| New | +$3.22M |
|
1565
Monarch Casino & Resort
MCRI
$2.2B
| $3.53M | 0.01% |
136,772
+104,642
| +326% | +$2.59M |
|
1566
Sonida Senior Living
SNDA
$2.04B
| $3.51M | 0.01% |
+14,595
| New | +$3.45M |
|
1567
CALL
Alibaba
BABA
$276B
| $3.51M | 0.01% |
40,000
-175,000
| -81% | -$16.8M |
|
1568
Vanguard Total Stock Market ETF
VTI
$656B
| $3.51M | 0.01% |
30,431
-32,163
| -51% | -$3.62M |
|
1569
Crown Holdings
CCK
$13.2B
| $3.5M | 0.01% |
66,607
-891,991
| -93% | -$48.2M |
|
1570
OFG Bancorp
OFG
$2.24B
| $3.49M | 0.01% |
266,454
+143,612
| +117% | +$1.73M |
|
1571
Inogen
INGN
$174M
| $3.49M | 0.01% |
+51,927
| New | +$3.2M |
|
|
EBSB
1572
DELISTED
Meridian Bancorp, Inc.
EBSB
| $3.49M | 0.01% |
184,574
+79,840
| +76% | +$1.36M |
|
1573
Celldex Therapeutics
CLDX
$2.79B
| $3.49M | 0.01% |
65,674
+19,870
| +43% | +$1.13M |
|
1574
Hecla Mining
HL
$9.76B
| $3.48M | 0.01% |
664,578
-4,138,364
| -86% | -$24.3M |
|
1575
PDS Biotechnology
PDSB
$38.6M
| $3.48M | 0.01% |
13,920
-124
| -0.9% | -$28.2K |
|
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.