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 | |
|---|---|---|---|---|---|---|
|
GSUM
2426
DELISTED
Gridsum Holding Inc.
GSUM
| $724K | ﹤0.01% |
71,029
-91,513
| -56% | -$1.33M |
|
2427
iShares Russell Mid-Cap Value ETF
IWS
$15.6B
| $723K | ﹤0.01% |
8,995
-38,990
| -81% | -$3.04M |
|
|
WW
2428
DELISTED
WW International
WW
| $723K | ﹤0.01% |
+63,166
| New | +$680K |
|
2429
PUT
Acadia Pharmaceuticals
ACAD
$4.35B
| $721K | ﹤0.01% |
25,000
-25,000
| -50% | -$661K |
|
2430
NeoGenomics
NEO
$1.71B
| $721K | ﹤0.01% |
84,155
-105,835
| -56% | -$907K |
|
2431
TAL Education Group
TAL
$5.86B
| $720K | ﹤0.01% |
61,602
+8,304
| +16% | +$102K |
|
|
CIE
2432
DELISTED
Cobalt International Energy, Inc
CIE
| $720K | ﹤0.01% |
39,337
+33,903
| +624% | +$587K |
|
2433
Bassett Furniture
BSET
$169M
| $719K | ﹤0.01% |
23,652
+7,370
| +45% | +$199K |
|
|
NSR
2434
DELISTED
Neustar Inc
NSR
| $719K | ﹤0.01% |
21,522
+1,514
| +8% | +$40.1K |
|
|
HIBB
2435
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $719K | ﹤0.01% |
+19,264
| New | +$780K |
|
2436
Syndax Pharmaceuticals
SNDX
$1.82B
| $717K | ﹤0.01% |
+100,065
| New | +$1.1M |
|
|
SGMO
2437
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $715K | ﹤0.01% |
234,363
-381,371
| -62% | -$1.39M |
|
2438
Ferrari
RACE
$66.8B
| $714K | ﹤0.01% |
+12,275
| New | +$669K |
|
2439
iShares MSCI Germany ETF
EWG
$1.55B
| $713K | ﹤0.01% |
+26,931
| New | +$693K |
|
2440
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.86B
| $713K | ﹤0.01% |
7,983
+416
| +5% | +$37.7K |
|
|
SMC
2441
Summit Midstream
SMC
$412M
| $711K | ﹤0.01% |
+1,886
| New | +$644K |
|
2442
AerCap
AER
$23.9B
| $709K | ﹤0.01% |
17,050
+3,257
| +24% | +$137K |
|
2443
Biglari Holdings Class B
BH
$1.17B
| $709K | ﹤0.01% |
+2,247
| New | +$681K |
|
2444
CALL
Biogen
BIIB
$29.5B
| $709K | ﹤0.01% |
+2,500
| New | +$741K |
|
2445
Telefônica Brasil
VIV
$22.5B
| $709K | ﹤0.01% |
+53,012
| New | +$711K |
|
2446
Consolidated Water Co
CWCO
$472M
| $708K | ﹤0.01% |
65,227
+35,384
| +119% | +$390K |
|
2447
Destination XL Group
DXLG
$34.3M
| $708K | ﹤0.01% |
+166,694
| New | +$712K |
|
2448
Ingles Markets
IMKTA
$1.67B
| $708K | ﹤0.01% |
+14,714
| New | +$656K |
|
2449
Luxfer Holdings
LXFR
$462M
| $708K | ﹤0.01% |
65,033
-21,367
| -25% | -$226K |
|
2450
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $707K | ﹤0.01% |
+14,262
| New | +$670K |
|
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.