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 | |
|---|---|---|---|---|---|---|
|
TSC
2701
DELISTED
TriState Capital Holdings, Inc.
TSC
| $347K | ﹤0.01% |
27,536
-10,560
| -28% | -$129K |
|
|
PACW
2702
DELISTED
PacWest Bancorp
PACW
| $346K | ﹤0.01% |
9,318
-152,814
| -94% | -$5.41M |
|
2703
JPMorgan Chase
JPM
$950B
| $343K | ﹤0.01% |
+5,800
| New | +$339K |
|
|
MCBC
2704
DELISTED
Macatawa Bank Corp
MCBC
| $343K | ﹤0.01% |
+54,875
| New | +$329K |
|
2705
Hilltop Holdings
HTH
$2.22B
| $341K | ﹤0.01% |
18,053
-228,718
| -93% | -$3.86M |
|
|
FFNW
2706
DELISTED
First Financial Northwest, Inc
FFNW
| $341K | ﹤0.01% |
25,889
+15,378
| +146% | +$205K |
|
|
ARTX
2707
DELISTED
Arotech Corporation
ARTX
| $341K | ﹤0.01% |
140,512
-22,624
| -14% | -$53.1K |
|
2708
News Corp Class B
NWS
$17.6B
| $340K | ﹤0.01% |
+25,691
| New | +$318K |
|
2709
Griffon
GFF
$4.71B
| $338K | ﹤0.01% |
21,868
-107,848
| -83% | -$1.63M |
|
2710
PhenixFIN
PFX
$90.3M
| $338K | ﹤0.01% |
+2,560
| New | +$327K |
|
2711
First Financial Corp
THFF
$959M
| $338K | ﹤0.01% |
9,883
-20,566
| -68% | -$679K |
|
2712
Zevra Therapeutics
ZVRA
$670M
| $338K | ﹤0.01% |
+1,456
| New | +$353K |
|
2713
iShares MSCI Germany ETF
EWG
$1.67B
| $337K | ﹤0.01% |
13,102
+1,979
| +18% | +$48.2K |
|
2714
iShares Europe ETF
IEV
$1.7B
| $337K | ﹤0.01% |
8,615
+3,582
| +71% | +$135K |
|
2715
FirstCash
FCFS
$9.06B
| $336K | ﹤0.01% |
+7,304
| New | +$295K |
|
|
AXDX
2716
DELISTED
Accelerate Diagnostics
AXDX
| $335K | ﹤0.01% |
2,330
-260
| -10% | -$36.7K |
|
|
PMBC
2717
DELISTED
Pacific Mercantile Bancorp
PMBC
| $333K | ﹤0.01% |
+47,534
| New | +$332K |
|
|
XCOM
2718
DELISTED
XTERA COMMUNICATIONS INC COM STK (DE)
XCOM
| $333K | ﹤0.01% |
117,403
-15,045
| -11% | -$50.8K |
|
2719
First Northwest Bancorp
FNWB
$105M
| $332K | ﹤0.01% |
+25,761
| New | +$329K |
|
2720
Super Micro Computer
SMCI
$20.6B
| $332K | ﹤0.01% |
+97,410
| New | +$291K |
|
|
CRC
2721
DELISTED
California Resources Corporation
CRC
| $332K | ﹤0.01% |
32,263
-201,893
| -86% | -$2.38M |
|
2722
Compugen
CGEN
$218M
| $331K | ﹤0.01% |
59,345
+18,542
| +45% | +$96.8K |
|
2723
Global X MLP ETF
MLPA
$2.26B
| $331K | ﹤0.01% |
+5,653
| New | +$304K |
|
2724
Natera
NTRA
$45.5B
| $331K | ﹤0.01% |
34,795
-582,517
| -94% | -$4.93M |
|
2725
iShares MSCI Taiwan ETF
EWT
$11B
| $328K | ﹤0.01% |
+11,848
| New | +$301K |
|
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.