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 | |
|---|---|---|---|---|---|---|
|
LONG
2626
DELISTED
ELONG, INC. AMERICAN DEPOSITARY SHARES
LONG
| $399K | ﹤0.01% |
+22,767
| New | +$392K |
|
|
FSP
2627
Franklin Street Properties
FSP
$45.5M
| $398K | ﹤0.01% |
37,554
-266,547
| -88% | -$2.59M |
|
2628
State Street SPDR Dow Jones International Real Estate ETF
RWX
$267M
| $397K | ﹤0.01% |
9,582
-535
| -5% | -$20.6K |
|
|
LAYN
2629
DELISTED
Layne Christensen Co
LAYN
| $397K | ﹤0.01% |
+55,230
| New | +$322K |
|
|
EDE
2630
DELISTED
Empire District Electric
EDE
| $397K | ﹤0.01% |
12,013
-430,965
| -97% | -$13.4M |
|
2631
Box
BOX
$4.66B
| $396K | ﹤0.01% |
32,296
-105,576
| -77% | -$1.2M |
|
2632
Northrim BanCorp
NRIM
$587M
| $396K | ﹤0.01% |
66,248
-42,004
| -39% | -$251K |
|
|
SREV
2633
DELISTED
ServiceSource International, Inc.
SREV
| $395K | ﹤0.01% |
92,620
-247,594
| -73% | -$1M |
|
|
BCRH
2634
DELISTED
BLUE CAPITAL REINSURANCE HOLDINGS LTD.
BCRH
| $394K | ﹤0.01% |
+22,013
| New | +$397K |
|
2635
iShares Expanded Tech-Software Sector ETF
IGV
$15B
| $393K | ﹤0.01% |
19,500
+7,820
| +67% | +$148K |
|
2636
Main Street Capital
MAIN
$5.38B
| $390K | ﹤0.01% |
+12,432
| New | +$361K |
|
2637
Triumph Financial Inc
TFIN
$1.8B
| $390K | ﹤0.01% |
24,664
-1,068
| -4% | -$15.3K |
|
2638
iRadimed
IRMD
$1.16B
| $389K | ﹤0.01% |
20,300
+4,128
| +26% | +$79K |
|
|
JWN
2639
DELISTED
Nordstrom
JWN
| $389K | ﹤0.01% |
6,800
-268,501
| -98% | -$13.8M |
|
2640
LifeVantage
LFVN
$84M
| $384K | ﹤0.01% |
+42,239
| New | +$375K |
|
|
PKD
2641
DELISTED
Parker Drilling Company
PKD
| $382K | ﹤0.01% |
12,000
+3,620
| +43% | +$85.9K |
|
|
SYNT
2642
DELISTED
Syntel Inc
SYNT
| $381K | ﹤0.01% |
7,636
-6,833
| -47% | -$313K |
|
|
FSB
2643
DELISTED
Franklin Financial Network, Inc.
FSB
| $380K | ﹤0.01% |
14,070
-29,287
| -68% | -$795K |
|
|
GNBC
2644
DELISTED
Green Bancorp, Inc
GNBC
| $380K | ﹤0.01% |
50,133
+25,269
| +102% | +$198K |
|
2645
CoreCivic
CXW
$3.3B
| $379K | ﹤0.01% |
11,825
-281,450
| -96% | -$8.21M |
|
|
AT
2646
DELISTED
Atlantic Power Corporation
AT
| $379K | ﹤0.01% |
154,079
-63,819
| -29% | -$121K |
|
|
IRS
2647
IRSA Inversiones y Representaciones
IRS
$1.25B
| $378K | ﹤0.01% |
26,229
-18,362
| -41% | -$205K |
|
2648
Paycom
PAYC
$9.52B
| $377K | ﹤0.01% |
10,580
-152,124
| -93% | -$4.75M |
|
2649
RELX
RELX
$61.9B
| $377K | ﹤0.01% |
+20,067
| New | +$353K |
|
2650
Sixth Street Specialty
TSLX
$1.78B
| $376K | ﹤0.01% |
23,289
-123,832
| -84% | -$1.98M |
|
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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.