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 |
ConocoPhillips
COP
|
+$164M |
| 2 |
PepsiCo
PEP
|
+$159M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$154M |
| 4 |
AT&T
T
|
+$145M |
| 5 |
Fidelity National Information Services
FIS
|
+$139M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NextEra Energy
NEE
|
+$250M |
| 2 |
PPL
PPL Corp
PPL
|
+$240M |
| 3 |
Occidental Petroleum
OXY
|
+$222M |
| 4 |
Lowe's Companies
LOW
|
+$180M |
| 5 |
American Electric Power
AEP
|
+$170M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.86% |
| 2 | Energy | 9.13% |
| 3 | Technology | 8.92% |
| 4 | Consumer Discretionary | 8.64% |
| 5 | Financials | 8.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2576
B2Gold
BTG
$6.68B
| $438K | ﹤0.01% |
264,024
+28,471
| +12% | +$31.1K |
|
2577
Onto Innovation
ONTO
$14.5B
| $438K | ﹤0.01% |
+27,621
| New | +$386K |
|
2578
NBT Bancorp
NBTB
$2.73B
| $437K | ﹤0.01% |
16,226
-9,358
| -37% | -$243K |
|
2579
RLI Corp
RLI
$5.83B
| $437K | ﹤0.01% |
13,068
-48,746
| -79% | -$1.53M |
|
|
RIGP
2580
DELISTED
Transocean Partners LLC
RIGP
| $437K | ﹤0.01% |
49,280
+18,880
| +62% | +$155K |
|
2581
Calix
CALX
$2.4B
| $436K | ﹤0.01% |
61,546
-27,518
| -31% | -$194K |
|
2582
Grupo Aeroportuario del Pacifico
PAC
$12.9B
| $436K | ﹤0.01% |
4,912
-5,201
| -51% | -$425K |
|
2583
First Trust Morningstar Dividend Leaders Index Fund
FDL
$7.85B
| $435K | ﹤0.01% |
+16,978
| New | +$412K |
|
|
KND
2584
DELISTED
Kindred Healthcare
KND
| $434K | ﹤0.01% |
+35,170
| New | +$365K |
|
2585
Mercantile Bank Corp
MBWM
$1.05B
| $433K | ﹤0.01% |
19,291
+4,322
| +29% | +$97.6K |
|
|
KBAL
2586
DELISTED
Kimball International
KBAL
| $433K | ﹤0.01% |
38,192
-19,041
| -33% | -$201K |
|
|
CHA
2587
DELISTED
China Telecom Corporation, LTD
CHA
| $433K | ﹤0.01% |
8,245
+1,148
| +16% | +$54.4K |
|
2588
Bank of Marin Bancorp
BMRC
$455M
| $432K | ﹤0.01% |
+17,538
| New | +$442K |
|
|
ARLZ
2589
DELISTED
Aralez Pharmaceuticals Inc.
ARLZ
| $432K | ﹤0.01% |
+121,817
| New | +$628K |
|
|
ZNH
2590
DELISTED
China Southern Airlines Company Limited
ZNH
| $431K | ﹤0.01% |
13,800
+3,403
| +33% | +$102K |
|
2591
HUTCHMED
HCM
$2.18B
| $430K | ﹤0.01% |
+32,575
| New | +$436K |
|
|
DL
2592
DELISTED
China Distance Education Holdings Limited
DL
| $428K | ﹤0.01% |
29,100
-76,786
| -73% | -$975K |
|
|
HIVE
2593
DELISTED
Aerohive Networks
HIVE
| $426K | ﹤0.01% |
85,387
+62,787
| +278% | +$305K |
|
2594
Fidus Investment
FDUS
$753M
| $425K | ﹤0.01% |
27,390
+13,805
| +102% | +$191K |
|
2595
Abbott
ABT
$188B
| $424K | ﹤0.01% |
10,143
-642,161
| -98% | -$25.4M |
|
2596
Aurinia Pharmaceuticals
AUPH
$2.06B
| $423K | ﹤0.01% |
145,200
| – | – |
|
|
GBL
2597
DELISTED
GAMCO Investors, Inc.
GBL
| $422K | ﹤0.01% |
11,376
-22,231
| -66% | -$725K |
|
|
MXWL
2598
DELISTED
Maxwell Technologies Inc
MXWL
| $422K | ﹤0.01% |
+71,085
| New | +$436K |
|
|
RKUS
2599
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $422K | ﹤0.01% |
+43,005
| New | +$397K |
|
|
MESO
2600
Mesoblast
MESO
$2.16B
| $421K | ﹤0.01% |
21,901
-8,880
| -29% | -$122K |
|
Similar funds
Millennium Management's Q1 2016 Portfolio in Review
As of Q1 2016, Millennium Management held 4,057 positions worth $40B, down 16% from $47.6B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Millennium Management withdrew a net $6.85B in Q1 2016, closing 847 positions and reducing 1,408 holdings. Its most notable exit was Walmart Inc, an estimated $142M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, down from 12% a quarter earlier, followed by Energy and Technology.
Against the trend, Millennium Management opened a new position in ConocoPhillips worth $174M.
- Millennium Management's largest Q1 2016 buy was ConocoPhillips: 4,324,124 shares worth $174M.
- Millennium Management added most to PepsiCo in Q1 2016, an estimated $159M increase.
- Millennium Management's biggest Q1 2016 reduction was NextEra Energy, cutting an estimated $250M.
- Millennium Management fully exited Walmart Inc in Q1 2016, selling an estimated $142M.
- Millennium Management's ten largest holdings make up 11% of its $40B portfolio in Q1 2016.
- Millennium Management opened 691 new positions and closed 847 in Q1 2016.
- Millennium Management's portfolio value fell 16% quarter-over-quarter to $40B.
Based on Millennium Management's 13F filing for Q1 2016, filed 16 May 2016.