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 | |
|---|---|---|---|---|---|---|
2101
PUT
Darden Restaurants
DRI
$23.4B
| $1.28M | ﹤0.01% |
+17,600
| New | +$1.22M |
|
2102
iShares US Transportation ETF
IYT
$2.32B
| $1.28M | ﹤0.01% |
31,388
-4,304
| -12% | -$167K |
|
|
RENX
2103
DELISTED
RELX N.V.
RENX
| $1.27M | ﹤0.01% |
75,939
-5,564
| -7% | -$91.2K |
|
2104
Bright Horizons
BFAM
$4.1B
| $1.27M | ﹤0.01% |
18,171
-58,618
| -76% | -$3.99M |
|
2105
Usana Health Sciences
USNA
$412M
| $1.27M | ﹤0.01% |
20,749
-90,711
| -81% | -$5.91M |
|
2106
WisdomTree
WT
$3.01B
| $1.27M | ﹤0.01% |
+114,035
| New | +$1.19M |
|
2107
Future Fuel
FF
$203M
| $1.26M | ﹤0.01% |
90,885
+6,832
| +8% | +$88.4K |
|
2108
CALL
PVH
PVH
$3.87B
| $1.26M | ﹤0.01% |
+14,000
| New | +$1.47M |
|
2109
Community Health Systems
CYH
$383M
| $1.26M | ﹤0.01% |
225,720
-721,586
| -76% | -$5.01M |
|
|
ENBL
2110
DELISTED
ENABLE MIDSTREAM PARTNERS, LP
ENBL
| $1.25M | ﹤0.01% |
79,650
+56,913
| +250% | +$884K |
|
2111
GDS Holdings
GDS
$6.29B
| $1.25M | ﹤0.01% |
+145,505
| New | +$1.38M |
|
|
NSU
2112
DELISTED
Nevsun Resources Ltd.
NSU
| $1.25M | ﹤0.01% |
404,930
+311,087
| +331% | +$942K |
|
|
ASCMA
2113
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
| $1.25M | ﹤0.01% |
76,825
+31,414
| +69% | +$621K |
|
|
AAC
2114
DELISTED
AAC Holdings
AAC
| $1.25M | ﹤0.01% |
172,047
-75,618
| -31% | -$865K |
|
2115
Central Garden & Pet Co
CENT
$2.71B
| $1.24M | ﹤0.01% |
46,926
-72,438
| -61% | -$1.65M |
|
2116
First Trust Dow Jones Internet Index Fund ETF
FDN
$4.92B
| $1.24M | ﹤0.01% |
15,554
-17,408
| -53% | -$1.4M |
|
2117
State Street SPDR Dow Jones REIT ETF
RWR
$1.91B
| $1.24M | ﹤0.01% |
+13,300
| New | +$1.22M |
|
2118
Lindsay Corp
LNN
$1.17B
| $1.24M | ﹤0.01% |
+16,637
| New | +$1.32M |
|
|
SCWX
2119
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $1.24M | ﹤0.01% |
117,066
+104,486
| +831% | +$1.23M |
|
2120
First Financial Bankshares
FFIN
$4.94B
| $1.24M | ﹤0.01% |
+54,820
| New | +$1.13M |
|
|
INST
2121
DELISTED
Instructure, Inc.
INST
| $1.24M | ﹤0.01% |
63,154
-19,687
| -24% | -$422K |
|
2122
Constellium
CSTM
$4.02B
| $1.23M | ﹤0.01% |
209,212
+186,011
| +802% | +$1.14M |
|
|
GLBL
2123
DELISTED
TerraForm Global, Inc. Class A Common Stock
GLBL
| $1.23M | ﹤0.01% |
+312,367
| New | +$1.21M |
|
|
GMS
2124
DELISTED
GMS Inc
GMS
| $1.23M | ﹤0.01% |
+41,964
| New | +$1.02M |
|
2125
Nuveen Floating Rate Income Fund
JFR
$1.24B
| $1.22M | ﹤0.01% |
104,774
+94,412
| +911% | +$1.06M |
|
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.