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 | |
|---|---|---|---|---|---|---|
2451
Peoples Bancorp
PEBO
$1.46B
| $707K | ﹤0.01% |
21,772
+10,576
| +94% | +$293K |
|
2452
Willis Lease Finance
WLFC
$1.68B
| $707K | ﹤0.01% |
+82,863
| New | +$716K |
|
|
AMJ
2453
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $707K | ﹤0.01% |
22,377
+4,535
| +25% | +$138K |
|
2454
Mizuho Financial
MFG
$129B
| $705K | ﹤0.01% |
196,354
+102,623
| +109% | +$358K |
|
|
ENZ
2455
DELISTED
Enzo Biochem, Inc.
ENZ
| $705K | ﹤0.01% |
101,622
-88,794
| -47% | -$567K |
|
|
ALR
2456
DELISTED
Alere Inc
ALR
| $703K | ﹤0.01% |
18,032
-11,865
| -40% | -$480K |
|
|
TTOO
2457
DELISTED
T2 Biosystems, Inc
TTOO
| $701K | ﹤0.01% |
+27
| New | +$832K |
|
|
ARGS
2458
DELISTED
Argos Therapeutics, Inc.
ARGS
| $701K | ﹤0.01% |
7,156
+5,981
| +509% | +$560K |
|
2459
Employers Holdings
EIG
$906M
| $699K | ﹤0.01% |
17,647
-29,686
| -63% | -$1M |
|
|
MCBC
2460
DELISTED
Macatawa Bank Corp
MCBC
| $699K | ﹤0.01% |
+67,174
| New | +$603K |
|
2461
ESCO Technologies
ESE
$8.4B
| $698K | ﹤0.01% |
12,329
+5,583
| +83% | +$285K |
|
|
DSPG
2462
DELISTED
DSP Group Inc
DSPG
| $698K | ﹤0.01% |
53,513
-5,900
| -10% | -$67.6K |
|
2463
Vanguard Total World Stock ETF
VT
$76.4B
| $697K | ﹤0.01% |
11,430
+4,755
| +71% | +$287K |
|
2464
Vivani Medical
VANI
$112M
| $696K | ﹤0.01% |
+14,724
| New | +$841K |
|
|
ACGN
2465
DELISTED
Aceragen Inc
ACGN
| $695K | ﹤0.01% |
3,408
+1,859
| +120% | +$443K |
|
|
GNRT
2466
DELISTED
Gener8 Maritime, Inc.
GNRT
| $695K | ﹤0.01% |
+155,232
| New | +$692K |
|
|
APTS
2467
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $691K | ﹤0.01% |
46,378
-19,709
| -30% | -$263K |
|
2468
Ambarella
AMBA
$2.99B
| $689K | ﹤0.01% |
+12,733
| New | +$768K |
|
2469
Lipocine
LPCN
$17.6M
| $689K | ﹤0.01% |
+11,012
| New | +$697K |
|
2470
Northwest Bancshares
NWBI
$2.25B
| $689K | ﹤0.01% |
+38,201
| New | +$652K |
|
|
HDV
2471
iShares Core High Dividend ETF
HDV
$14.5B
| $687K | ﹤0.01% |
+41,790
| New | +$673K |
|
2472
Turning Point Brands
TPB
$1.52B
| $687K | ﹤0.01% |
+56,065
| New | +$744K |
|
|
BPTH
2473
DELISTED
Bio-Path Holdings Inc
BPTH
| $687K | ﹤0.01% |
+127
| New | +$615K |
|
|
RAVN
2474
DELISTED
Raven Industries Inc
RAVN
| $687K | ﹤0.01% |
27,270
-107,517
| -80% | -$2.56M |
|
|
CDTX
2475
DELISTED
Cidara Therapeutics
CDTX
| $684K | ﹤0.01% |
+3,289
| New | +$684K |
|
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.