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 | |
|---|---|---|---|---|---|---|
2026
Vipshop
VIPS
$7.08B
| $1.52M | ﹤0.01% |
138,206
-2,158,139
| -94% | -$27.9M |
|
|
UMH
2027
UMH Properties
UMH
$1.32B
| $1.52M | ﹤0.01% |
100,748
-74,260
| -42% | -$952K |
|
|
SALE
2028
DELISTED
RetailMeNot, Inc. Series 1
SALE
| $1.51M | ﹤0.01% |
162,825
-12,399
| -7% | -$116K |
|
|
CSW
2029
CSW Industrials
CSW
$4.78B
| $1.51M | ﹤0.01% |
+41,056
| New | +$1.39M |
|
2030
Novanta
NOVT
$5.01B
| $1.51M | ﹤0.01% |
71,924
+23,774
| +49% | +$453K |
|
2031
PUT
Fortinet
FTNT
$112B
| $1.51M | ﹤0.01% |
+250,000
| New | +$1.56M |
|
|
ATRS
2032
DELISTED
Antares Pharma, Inc.
ATRS
| $1.51M | ﹤0.01% |
646,256
-327,186
| -34% | -$623K |
|
2033
CALL
Weyerhaeuser
WY
$17.2B
| $1.5M | ﹤0.01% |
+50,000
| New | +$1.54M |
|
|
SIEN
2034
DELISTED
Sientra, Inc.
SIEN
| $1.5M | ﹤0.01% |
17,662
-14,690
| -45% | -$1.22M |
|
2035
AvalonBay Communities
AVB
$26.8B
| $1.5M | ﹤0.01% |
8,485
-31,587
| -79% | -$5.32M |
|
|
PCMI
2036
DELISTED
PCM, Inc
PCMI
| $1.5M | ﹤0.01% |
+66,781
| New | +$1.41M |
|
2037
Xenon Pharmaceuticals
XENE
$6.36B
| $1.49M | ﹤0.01% |
+193,674
| New | +$1.56M |
|
|
CAJ
2038
DELISTED
Canon, Inc.
CAJ
| $1.48M | ﹤0.01% |
+52,591
| New | +$1.51M |
|
2039
FirstService
FSV
$6.45B
| $1.47M | ﹤0.01% |
31,039
+25,239
| +435% | +$1.1M |
|
|
IPHS
2040
DELISTED
Innophos Holdings, Inc.
IPHS
| $1.47M | ﹤0.01% |
28,142
-32,850
| -54% | -$1.6M |
|
2041
Federal Signal
FSS
$7.22B
| $1.47M | ﹤0.01% |
94,176
-12,947
| -12% | -$187K |
|
2042
Renasant Corp
RNST
$4B
| $1.47M | ﹤0.01% |
34,787
-5,216
| -13% | -$198K |
|
2043
TD Synnex
SNX
$19.6B
| $1.47M | ﹤0.01% |
24,240
+14,690
| +154% | +$833K |
|
2044
G-III Apparel Group
GIII
$1.52B
| $1.47M | ﹤0.01% |
+49,600
| New | +$1.44M |
|
2045
Paychex
PAYX
$41.1B
| $1.47M | ﹤0.01% |
+24,084
| New | +$1.39M |
|
|
AUD
2046
DELISTED
Audacy, Inc.
AUD
| $1.46M | ﹤0.01% |
95,685
+60,711
| +174% | +$876K |
|
|
EMBJ
2047
Embraer S.A. ADS
EMBJ
$12.1B
| $1.46M | ﹤0.01% |
76,010
+56,010
| +280% | +$1.09M |
|
2048
iShares Russell Mid-Cap ETF
IWR
$56.1B
| $1.45M | ﹤0.01% |
32,476
+3,960
| +14% | +$173K |
|
|
PBCT
2049
DELISTED
People's United Financial Inc
PBCT
| $1.45M | ﹤0.01% |
+74,993
| New | +$1.33M |
|
|
PTVCB
2050
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $1.45M | ﹤0.01% |
57,427
+27,304
| +91% | +$693K |
|
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.