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 | |
|---|---|---|---|---|---|---|
2251
WesBanco
WSBC
$3.93B
| $991K | ﹤0.01% |
23,022
-6,659
| -22% | -$249K |
|
|
ADVM
2252
DELISTED
Adverum Biotechnologies
ADVM
| $984K | ﹤0.01% |
33,947
+32,753
| +2,743% | +$1.07M |
|
|
IMOS
2253
ChipMOS TECHNOLOGIES
IMOS
$1.91B
| $984K | ﹤0.01% |
59,228
-54,214
| -48% | -$1.04M |
|
|
SGBK
2254
DELISTED
Stonegate Bank
SGBK
| $981K | ﹤0.01% |
23,516
-34,828
| -60% | -$1.32M |
|
|
FGL
2255
DELISTED
Fidelity & Guaranty Life
FGL
| $980K | ﹤0.01% |
41,365
+7,642
| +23% | +$178K |
|
|
HZNP
2256
PUT
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $979K | ﹤0.01% |
60,500
+33,500
| +124% | +$607K |
|
2257
Ally Financial
ALLY
$13.3B
| $976K | ﹤0.01% |
51,322
-630,226
| -92% | -$12.1M |
|
|
RIC
2258
DELISTED
Richmont Mines Inc.
RIC
| $976K | ﹤0.01% |
150,157
+115,241
| +330% | +$875K |
|
2259
Materion
MTRN
$5.03B
| $974K | ﹤0.01% |
24,603
-5,348
| -18% | -$188K |
|
|
BGB
2260
Blackstone Strategic Credit 2027 Term Fund
BGB
$500M
| $972K | ﹤0.01% |
+63,391
| New | +$944K |
|
|
CUTR
2261
DELISTED
Cutera, Inc.
CUTR
| $971K | ﹤0.01% |
+55,938
| New | +$837K |
|
2262
Heartland Express
HTLD
$1.06B
| $968K | ﹤0.01% |
47,564
-75,540
| -61% | -$1.52M |
|
|
EEP
2263
DELISTED
Enbridge Energy Partners
EEP
| $968K | ﹤0.01% |
37,992
-3,440
| -8% | -$83.8K |
|
|
MPG
2264
DELISTED
Metaldyne Performance Group Inc.
MPG
| $964K | ﹤0.01% |
+41,993
| New | +$799K |
|
2265
Western Union
WU
$2.55B
| $962K | ﹤0.01% |
+44,313
| New | +$920K |
|
|
CLNY
2266
DELISTED
Colony Capital, Inc.
CLNY
| $958K | ﹤0.01% |
47,322
-1,376,148
| -97% | -$26.9M |
|
2267
Eagle Materials
EXP
$6.69B
| $957K | ﹤0.01% |
9,716
-228,379
| -96% | -$20.5M |
|
2268
Vermilion Energy
VET
$1.62B
| $957K | ﹤0.01% |
+22,700
| New | +$927K |
|
2269
AC Immune
ACIU
$234M
| $954K | ﹤0.01% |
73,530
+21,409
| +41% | +$296K |
|
|
EMKR
2270
DELISTED
Emcore Corp
EMKR
| $954K | ﹤0.01% |
10,969
+2,776
| +34% | +$191K |
|
|
BMCH
2271
DELISTED
BMC Stock Holdings, Inc
BMCH
| $953K | ﹤0.01% |
48,871
-127,561
| -72% | -$2.31M |
|
|
CBI
2272
PUT
DELISTED
Chicago Bridge & Iron Nv
CBI
| $953K | ﹤0.01% |
+30,000
| New | +$939K |
|
2273
Prudential
PUK
$36.6B
| $952K | ﹤0.01% |
24,655
-47,914
| -66% | -$1.72M |
|
|
PEI
2274
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $952K | ﹤0.01% |
3,348
-1,311
| -28% | -$392K |
|
2275
Aaon
AAON
$8.27B
| $951K | ﹤0.01% |
43,178
-151,996
| -78% | -$3.17M |
|
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.