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 | |
|---|---|---|---|---|---|---|
|
CSLT
2376
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $794K | ﹤0.01% |
160,404
+60,928
| +61% | +$276K |
|
2377
iShares US Medical Devices ETF
IHI
$3.06B
| $793K | ﹤0.01% |
+35,730
| New | +$811K |
|
2378
Omeros
OMER
$821M
| $793K | ﹤0.01% |
+79,962
| New | +$816K |
|
2379
RadNet
RDNT
$4.84B
| $790K | ﹤0.01% |
122,404
+101,003
| +472% | +$682K |
|
2380
Agnico Eagle Mines
AEM
$73B
| $789K | ﹤0.01% |
18,788
+4,472
| +31% | +$198K |
|
2381
Cato Corp
CATO
$64.1M
| $786K | ﹤0.01% |
+26,141
| New | +$804K |
|
|
RC
2382
Ready Capital
RC
$265M
| $783K | ﹤0.01% |
+58,210
| New | +$786K |
|
2383
BlackRock Debt Strategies Fund
DSU
$589M
| $779K | ﹤0.01% |
68,660
+57,536
| +517% | +$629K |
|
|
SWIR
2384
DELISTED
Sierra Wireless
SWIR
| $779K | ﹤0.01% |
49,593
-5,107
| -9% | -$76.1K |
|
|
MDLY
2385
DELISTED
Medley Management Inc
MDLY
| $778K | ﹤0.01% |
+7,857
| New | +$724K |
|
2386
Park National Corp
PRK
$3.43B
| $775K | ﹤0.01% |
6,480
+2,807
| +76% | +$300K |
|
|
PKD
2387
DELISTED
Parker Drilling Company
PKD
| $775K | ﹤0.01% |
19,871
+8,671
| +77% | +$296K |
|
2388
Invesco Financial Preferred ETF
PGF
$675M
| $774K | ﹤0.01% |
43,080
-29,037
| -40% | -$533K |
|
|
ZGNX
2389
DELISTED
Zogenix, Inc.
ZGNX
| $774K | ﹤0.01% |
+63,711
| New | +$700K |
|
2390
Geron
GERN
$949M
| $772K | ﹤0.01% |
372,819
+307,899
| +474% | +$650K |
|
2391
iShares MSCI Turkey ETF
TUR
$203M
| $772K | ﹤0.01% |
23,762
-205,136
| -90% | -$7.1M |
|
|
AFH
2392
DELISTED
Atlas Financial Holdings, Inc. Ordinary Shares
AFH
| $771K | ﹤0.01% |
+42,726
| New | +$727K |
|
2393
American Eagle Outfitters
AEO
$2.98B
| $770K | ﹤0.01% |
50,770
-229,673
| -82% | -$3.93M |
|
2394
Compañía de Minas Buenaventura
BVN
$8.06B
| $770K | ﹤0.01% |
68,257
-48,642
| -42% | -$581K |
|
|
KDMN
2395
DELISTED
Kadmon Holdings, Inc.
KDMN
| $768K | ﹤0.01% |
143,550
-119,339
| -45% | -$671K |
|
2396
Accuray
ARAY
$26.8M
| $767K | ﹤0.01% |
166,659
-1,051,836
| -86% | -$5.46M |
|
|
MRTX
2397
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $766K | ﹤0.01% |
161,305
+85,004
| +111% | +$462K |
|
2398
Nuveen Preferred & Income Opportunities Fund
JPC
$2.89B
| $764K | ﹤0.01% |
77,656
+67,419
| +659% | +$646K |
|
2399
Alpha and Omega Semiconductor
AOSL
$922M
| $763K | ﹤0.01% |
35,862
-6,606
| -16% | -$143K |
|
2400
iShares Biotechnology ETF
IBB
$9.44B
| $763K | ﹤0.01% |
8,625
-39,102
| -82% | -$3.56M |
|
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.