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 | |
|---|---|---|---|---|---|---|
1901
Babcock & Wilcox
BW
$1.32B
| $1.91M | ﹤0.01% |
11,497
-4,647
| -29% | -$741K |
|
|
UAM
1902
DELISTED
Universal American Corp
UAM
| $1.9M | ﹤0.01% |
+190,924
| New | +$1.68M |
|
|
AIV
1903
Aimco
AIV
$377M
| $1.9M | ﹤0.01% |
+313,266
| New | +$1.79M |
|
|
TRQ
1904
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $1.89M | ﹤0.01% |
58,640
-123,565
| -68% | -$3.98M |
|
1905
Diageo
DEO
$49.4B
| $1.89M | ﹤0.01% |
18,145
-6,948
| -28% | -$731K |
|
|
IDTI
1906
CALL
DELISTED
Integrated Device Technology I
IDTI
| $1.89M | ﹤0.01% |
80,000
-20,000
| -20% | -$461K |
|
|
RESI
1907
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $1.88M | ﹤0.01% |
170,423
-61,729
| -27% | -$680K |
|
|
GNMX
1908
DELISTED
Aevi Genomic Medicine Inc
GNMX
| $1.88M | ﹤0.01% |
+362,700
| New | +$1.91M |
|
|
ESPR
1909
CALL
DELISTED
Esperion Therapeutics
ESPR
| $1.88M | ﹤0.01% |
+150,000
| New | +$1.79M |
|
|
MITL
1910
DELISTED
Mitel Networks Corporation
MITL
| $1.88M | ﹤0.01% |
276,164
-838,729
| -75% | -$5.82M |
|
1911
PUT
Vulcan Materials
VMC
$37.3B
| $1.88M | ﹤0.01% |
15,000
-85,000
| -85% | -$10.3M |
|
1912
iRhythm Holdings
IRTC
$3.85B
| $1.86M | ﹤0.01% |
+62,019
| New | +$1.67M |
|
|
FFWM
1913
DELISTED
First Foundation Inc
FFWM
| $1.85M | ﹤0.01% |
+129,514
| New | +$1.72M |
|
1914
Fortis
FTS
$29.8B
| $1.85M | ﹤0.01% |
+59,790
| New | +$1.86M |
|
|
K
1915
CALL
DELISTED
Kellanova
K
| $1.84M | ﹤0.01% |
+26,625
| New | +$1.85M |
|
1916
Steven Madden
SHOO
$3.22B
| $1.84M | ﹤0.01% |
+77,136
| New | +$1.88M |
|
|
PFC
1917
DELISTED
Premier Financial Corp. Common Stock
PFC
| $1.84M | ﹤0.01% |
72,398
-23,228
| -24% | -$526K |
|
1918
BlackRock Multi-Sector Income Trust
BIT
$695M
| $1.83M | ﹤0.01% |
+111,297
| New | +$1.83M |
|
1919
Brixmor Property Group
BRX
$9.83B
| $1.83M | ﹤0.01% |
75,110
-118,136
| -61% | -$2.95M |
|
|
CHL
1920
DELISTED
China Mobile Limited
CHL
| $1.83M | ﹤0.01% |
34,869
+25,348
| +266% | +$1.42M |
|
1921
Arrowhead Research
ARWR
$12.1B
| $1.82M | ﹤0.01% |
1,177,293
+1,143,673
| +3,402% | +$4.87M |
|
|
SP
1922
DELISTED
SP Plus Corporation
SP
| $1.82M | ﹤0.01% |
64,831
+52,551
| +428% | +$1.39M |
|
|
CLC
1923
DELISTED
Clarcor
CLC
| $1.82M | ﹤0.01% |
22,132
-28,663
| -56% | -$2.02M |
|
|
FPF
1924
First Trust Intermediate Duration Preferred & Income Fund
FPF
$1.07B
| $1.82M | ﹤0.01% |
+80,216
| New | +$1.78M |
|
1925
Old National Bancorp
ONB
$10.3B
| $1.82M | ﹤0.01% |
100,193
-346,566
| -78% | -$5.57M |
|
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.