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 | |
|---|---|---|---|---|---|---|
1576
Calamos Strategic Total Return Fund
CSQ
$3.19B
| $3.48M | 0.01% |
338,668
+319,977
| +1,712% | +$3.23M |
|
1577
BlackRock Credit Allocation Income Trust
BTZ
$933M
| $3.47M | 0.01% |
267,639
+247,053
| +1,200% | +$3.14M |
|
|
BKI
1578
DELISTED
Black Knight, Inc. Common Stock
BKI
| $3.44M | 0.01% |
91,075
+25,482
| +39% | +$973K |
|
|
CHI
1579
Calamos Convertible Opportunities and Income Fund
CHI
$994M
| $3.44M | 0.01% |
340,704
+321,628
| +1,686% | +$3.2M |
|
1580
Grand Canyon Education
LOPE
$3.99B
| $3.43M | 0.01% |
58,703
+52,275
| +813% | +$2.67M |
|
1581
World Kinect Corp
WKC
$2.06B
| $3.43M | 0.01% |
74,638
+49,065
| +192% | +$2.19M |
|
1582
Rambus
RMBS
$9.49B
| $3.41M | 0.01% |
247,960
-214,967
| -46% | -$2.78M |
|
1583
Phibro Animal Health
PAHC
$1.48B
| $3.41M | 0.01% |
116,441
+66,150
| +132% | +$1.81M |
|
|
ORBC
1584
DELISTED
ORBCOMM, Inc.
ORBC
| $3.4M | 0.01% |
411,576
+245,632
| +148% | +$2.16M |
|
1585
uniQure
QURE
$2.52B
| $3.39M | 0.01% |
606,142
+595,485
| +5,588% | +$4M |
|
|
VEDL
1586
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $3.39M | 0.01% |
272,720
+9,178
| +3% | +$116K |
|
1587
Copart
CPRT
$28.4B
| $3.38M | 0.01% |
488,728
-1,983,392
| -80% | -$13.5M |
|
1588
MasterCraft Boat Holdings
MCFT
$607M
| $3.38M | 0.01% |
232,127
+204,162
| +730% | +$2.6M |
|
1589
Portland General Electric
POR
$5.92B
| $3.38M | 0.01% |
78,029
+51,996
| +200% | +$2.19M |
|
|
FCRD
1590
DELISTED
First Eagle Alternative Capital BDC, Inc. Common Stock
FCRD
| $3.38M | 0.01% |
337,638
+177,307
| +111% | +$1.73M |
|
|
SAFM
1591
DELISTED
Sanderson Farms Inc
SAFM
| $3.38M | 0.01% |
35,833
+33,446
| +1,401% | +$2.96M |
|
1592
PENN Entertainment
PENN
$2.82B
| $3.37M | 0.01% |
244,425
-752,118
| -75% | -$10.3M |
|
|
MASI
1593
CALL
DELISTED
Masimo
MASI
| $3.37M | 0.01% |
50,000
+40,000
| +400% | +$2.46M |
|
1594
Heron Therapeutics
HRTX
$92M
| $3.37M | 0.01% |
+257,062
| New | +$4.03M |
|
1595
iShares Russell 1000 ETF
IWB
$47.9B
| $3.36M | 0.01% |
27,029
+6,309
| +30% | +$767K |
|
1596
Blackbaud
BLKB
$1.65B
| $3.36M | 0.01% |
52,440
+48,258
| +1,154% | +$3.09M |
|
|
VSA
1597
VisionSys AI
VSA
$8.49M
| $3.35M | 0.01% |
89
+55
| +162% | +$2.12M |
|
|
GXP.PRB.CL
1598
DELISTED
Great Plains Energy Incorporated
GXP.PRB.CL
| $3.34M | 0.01% |
+66,049
| New | +$3.36M |
|
1599
National CineMedia
NCMI
$371M
| $3.28M | 0.01% |
+22,296
| New | +$3.28M |
|
|
FCB
1600
DELISTED
FCB Financial Holdings, Inc.
FCB
| $3.28M | 0.01% |
68,721
+49,593
| +259% | +$2.05M |
|
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.