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 | |
|---|---|---|---|---|---|---|
|
RETA
2276
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $951K | ﹤0.01% |
+43,554
| New | +$1.1M |
|
2277
iShares US Energy ETF
IYE
$1.71B
| $950K | ﹤0.01% |
+22,861
| New | +$911K |
|
|
VOXX
2278
DELISTED
VOXX International Corporation Class A
VOXX
| $949K | ﹤0.01% |
+201,991
| New | +$881K |
|
|
LBAI
2279
DELISTED
Lakeland Bancorp Inc
LBAI
| $944K | ﹤0.01% |
48,395
+21,532
| +80% | +$350K |
|
|
BRSL
2280
Brightstar Lottery PLC
BRSL
$1.93B
| $943K | ﹤0.01% |
36,936
-99,595
| -73% | -$2.67M |
|
2281
KB Financial Group
KB
$41.5B
| $943K | ﹤0.01% |
+26,731
| New | +$961K |
|
2282
State Street Blackstone Senior Loan ETF
SRLN
$5.3B
| $940K | ﹤0.01% |
+19,786
| New | +$935K |
|
|
RARX
2283
DELISTED
Ra Pharmaceuticals, Inc. Common Stock
RARX
| $940K | ﹤0.01% |
+61,888
| New | +$841K |
|
2284
CALL
Flotek Industries
FTK
$881M
| $939K | ﹤0.01% |
+16,667
| New | +$1.22M |
|
|
ZEUS
2285
DELISTED
Olympic Steel
ZEUS
| $936K | ﹤0.01% |
+38,620
| New | +$912K |
|
2286
Republic Bancorp
RBCAA
$1.9B
| $931K | ﹤0.01% |
23,556
+14,800
| +169% | +$513K |
|
|
WUBA
2287
DELISTED
58.com Inc
WUBA
| $931K | ﹤0.01% |
33,246
-26,435
| -44% | -$982K |
|
|
SCLN
2288
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $928K | ﹤0.01% |
85,935
-122,320
| -59% | -$1.22M |
|
2289
Ericsson
ERIC
$31.8B
| $927K | ﹤0.01% |
158,975
+138,481
| +676% | +$764K |
|
2290
Vanguard Mid-Cap ETF
VO
$107B
| $926K | ﹤0.01% |
+28,128
| New | +$911K |
|
|
HOME
2291
DELISTED
At Home Group Inc.
HOME
| $923K | ﹤0.01% |
63,071
+40,114
| +175% | +$514K |
|
|
CIO
2292
DELISTED
City Office REIT
CIO
| $920K | ﹤0.01% |
69,842
-68,508
| -50% | -$858K |
|
|
PRO
2293
DELISTED
PROS Holdings
PRO
| $918K | ﹤0.01% |
+42,657
| New | +$975K |
|
2294
RELX
RELX
$62.3B
| $917K | ﹤0.01% |
+51,048
| New | +$902K |
|
2295
Dentsply Sirona
XRAY
$2.61B
| $917K | ﹤0.01% |
15,884
-57,849
| -78% | -$3.42M |
|
|
DVAX
2296
DELISTED
Dynavax Technologies
DVAX
| $916K | ﹤0.01% |
231,928
-142,560
| -38% | -$1.04M |
|
2297
PUT
Yum China
YUMC
$15.3B
| $914K | ﹤0.01% |
+35,000
| New | +$952K |
|
2298
Interparfums
IPAR
$3.99B
| $913K | ﹤0.01% |
27,873
-99,283
| -78% | -$3.29M |
|
2299
Boot Barn
BOOT
$4.71B
| $907K | ﹤0.01% |
+72,434
| New | +$975K |
|
2300
Ribbon Communications
RBBN
$359M
| $906K | ﹤0.01% |
143,733
+78,479
| +120% | +$516K |
|
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.