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 | |
|---|---|---|---|---|---|---|
2326
CALL
TherapeuticsMD
TXMD
$24M
| $866K | ﹤0.01% |
3,000
-1,000
| -25% | -$310K |
|
|
DD
2327
DELISTED
Du Pont De Nemours E I
DD
| $866K | ﹤0.01% |
11,792
-10,835
| -48% | -$770K |
|
|
CTB
2328
DELISTED
Cooper Tire & Rubber Co.
CTB
| $865K | ﹤0.01% |
22,274
-327,294
| -94% | -$12.3M |
|
|
HTZ
2329
CALL
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $862K | ﹤0.01% |
46,040
| – | – |
|
|
ENOC
2330
DELISTED
EnerNOC, Inc.
ENOC
| $860K | ﹤0.01% |
+143,405
| New | +$831K |
|
|
GK
2331
DELISTED
G&K Services Inc
GK
| $859K | ﹤0.01% |
+8,908
| New | +$852K |
|
2332
Harte-Hanks
HHS
$17.9M
| $856K | ﹤0.01% |
56,662
+41,308
| +269% | +$626K |
|
2333
Virtus Investment Partners
VRTS
$1.12B
| $856K | ﹤0.01% |
7,248
+3,468
| +92% | +$379K |
|
2334
Avis
CAR
$5.78B
| $855K | ﹤0.01% |
+23,320
| New | +$844K |
|
|
INOV
2335
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $852K | ﹤0.01% |
+82,757
| New | +$1.13M |
|
|
FLXN
2336
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $852K | ﹤0.01% |
+44,804
| New | +$856K |
|
|
RGLS
2337
DELISTED
Regulus Therapeutics
RGLS
| $847K | ﹤0.01% |
3,135
+2,750
| +714% | +$894K |
|
2338
RBC Bearings
RBC
$18.5B
| $845K | ﹤0.01% |
9,108
+3,376
| +59% | +$272K |
|
|
EVRI
2339
DELISTED
Everi Holdings
EVRI
| $844K | ﹤0.01% |
389,037
-27,628
| -7% | -$64.1K |
|
|
XTLY
2340
DELISTED
Xactly Corporation
XTLY
| $843K | ﹤0.01% |
76,673
-54,115
| -41% | -$706K |
|
2341
Corvus Pharmaceuticals
CRVS
$1.09B
| $842K | ﹤0.01% |
58,887
-51,167
| -46% | -$778K |
|
2342
iShares Gold Trust
IAU
$63.4B
| $842K | ﹤0.01% |
+37,999
| New | +$891K |
|
2343
First Internet Bancorp
INBK
$231M
| $841K | ﹤0.01% |
+26,276
| New | +$716K |
|
|
NRE
2344
DELISTED
NorthStar Realty Europe Corp.
NRE
| $837K | ﹤0.01% |
66,576
+46,282
| +228% | +$507K |
|
2345
Schwab US Large- Cap ETF
SCHX
$71.1B
| $833K | ﹤0.01% |
93,798
-116,772
| -55% | -$1.01M |
|
2346
ImmunityBio
IBRX
$7.32B
| $832K | ﹤0.01% |
+145,407
| New | +$970K |
|
|
FIT
2347
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $832K | ﹤0.01% |
113,604
+47,072
| +71% | +$482K |
|
2348
Fortress Biotech
FBIO
$109M
| $829K | ﹤0.01% |
+20,464
| New | +$765K |
|
|
MJCO
2349
DELISTED
Majesco
MJCO
| $829K | ﹤0.01% |
+136,332
| New | +$682K |
|
2350
Immunic
IMUX
$188M
| $823K | ﹤0.01% |
+473
| New | +$1.04M |
|
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.