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 | |
|---|---|---|---|---|---|---|
|
SNC
1601
DELISTED
State National Companies, Inc.
SNC
| $3.27M | 0.01% |
235,547
+105,490
| +81% | +$1.29M |
|
1602
Campbell Soup
CPB
$6.8B
| $3.26M | 0.01% |
+53,961
| New | +$3.02M |
|
1603
Oaktree Specialty Lending
OCSL
$1.06B
| $3.25M | 0.01% |
201,864
-49,378
| -20% | -$824K |
|
1604
Ameris Bancorp
ABCB
$5.9B
| $3.25M | 0.01% |
74,491
+1,431
| +2% | +$58.1K |
|
|
RRTS
1605
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $3.24M | 0.01% |
12,468
+2,594
| +26% | +$601K |
|
1606
Akebia Therapeutics
AKBA
$341M
| $3.24M | 0.01% |
310,888
+277,887
| +842% | +$2.39M |
|
1607
AptarGroup
ATR
$8.8B
| $3.23M | 0.01% |
+43,969
| New | +$3.27M |
|
1608
Rocket Pharmaceuticals
RCKT
$343M
| $3.22M | 0.01% |
131,820
+42,373
| +47% | +$1.21M |
|
1609
Powell Industries
POWL
$7.32B
| $3.21M | 0.01% |
246,768
+102,867
| +71% | +$1.36M |
|
1610
CALL
Illumina
ILMN
$29.2B
| $3.2M | 0.01% |
25,700
-56,540
| -69% | -$7.62M |
|
|
FRAN
1611
DELISTED
Francesca's Holdings Corporation
FRAN
| $3.2M | 0.01% |
14,794
-32,849
| -69% | -$6.83M |
|
1612
Brunswick
BC
$5.33B
| $3.2M | 0.01% |
58,673
-1,227,095
| -95% | -$60.8M |
|
1613
Perdoceo Education
PRDO
$2.06B
| $3.19M | 0.01% |
316,388
+226,772
| +253% | +$1.98M |
|
|
FLG
1614
PUT
Flagstar Bank National Association
FLG
$5.83B
| $3.18M | 0.01% |
+66,667
| New | +$3.05M |
|
1615
Enanta Pharmaceuticals
ENTA
$367M
| $3.17M | 0.01% |
94,774
-67,344
| -42% | -$1.93M |
|
1616
State Street Financial Select Sector SPDR ETF
XLF
$57.4B
| $3.16M | 0.01% |
135,992
-58,904
| -30% | -$1.26M |
|
1617
Cardinal Health
CAH
$54.5B
| $3.15M | 0.01% |
43,750
-191,216
| -81% | -$13.8M |
|
1618
Magnite
MGNI
$2.82B
| $3.15M | 0.01% |
424,180
-103,894
| -20% | -$810K |
|
|
UBNK
1619
DELISTED
United Financial Bancorp, Inc.
UBNK
| $3.15M | 0.01% |
173,288
-26,284
| -13% | -$421K |
|
1620
Arcos Dorados Holdings
ARCO
$1.77B
| $3.14M | 0.01% |
598,087
+312,748
| +110% | +$1.78M |
|
|
ELME
1621
Elme Communities
ELME
$142M
| $3.14M | 0.01% |
96,084
-374,696
| -80% | -$11.4M |
|
|
BBG
1622
DELISTED
Bill Barrett Corp
BBG
| $3.14M | 0.01% |
449,420
-599,790
| -57% | -$3.83M |
|
1623
Pebblebrook Hotel Trust
PEB
$2.2B
| $3.14M | 0.01% |
105,470
+11,693
| +12% | +$324K |
|
1624
Lexicon Pharmaceuticals
LXRX
$1.04B
| $3.14M | 0.01% |
226,852
-233,098
| -51% | -$3.74M |
|
1625
First Trust Energy AlphaDEX Fund
FXN
$371M
| $3.13M | 0.01% |
+189,700
| New | +$2.98M |
|
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.