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 | |
|---|---|---|---|---|---|---|
2801
Weibo
WB
$1.95B
| $280K | ﹤0.01% |
15,600
-102,449
| -87% | -$1.65M |
|
|
TRK
2802
DELISTED
Speedway Motorsports, Inc.
TRK
| $280K | ﹤0.01% |
14,108
-12,558
| -47% | -$232K |
|
|
OCLR
2803
DELISTED
Oclaro Inc.
OCLR
| $280K | ﹤0.01% |
51,856
-1,407,275
| -96% | -$5.94M |
|
2804
Kroger
KR
$34.8B
| $279K | ﹤0.01% |
7,300
-208,084
| -97% | -$8.03M |
|
2805
McCormick & Company Non-Voting
MKC
$14.2B
| $279K | ﹤0.01% |
5,600
-20,090
| -78% | -$903K |
|
2806
Nathan's Famous
NATH
$402M
| $279K | ﹤0.01% |
+6,390
| New | +$311K |
|
2807
MPLX
MPLX
$59.7B
| $278K | ﹤0.01% |
9,367
-83,940
| -90% | -$2.28M |
|
|
HMIN
2808
DELISTED
HOMEINNS HOTEL GROUP SPONSORED ADR
HMIN
| $276K | ﹤0.01% |
+7,728
| New | +$267K |
|
|
GIFI
2809
DELISTED
Gulf Island Fabrication
GIFI
| $275K | ﹤0.01% |
34,987
-8,312
| -19% | -$72.6K |
|
|
PBT
2810
Permian Basin Royalty Trust
PBT
$1.49B
| $275K | ﹤0.01% |
44,629
+24,144
| +118% | +$133K |
|
2811
Sprott Physical Gold and Silver Trust
CEF
$8.06B
| $274K | ﹤0.01% |
22,885
+3,923
| +21% | +$44.8K |
|
2812
Western New England Bancorp
WNEB
$275M
| $274K | ﹤0.01% |
+32,518
| New | +$269K |
|
|
ATHX
2813
DELISTED
Athersys, Inc. Common Stock
ATHX
| $274K | ﹤0.01% |
+4,870
| New | +$198K |
|
2814
Rocket Pharmaceuticals
RCKT
$394M
| $273K | ﹤0.01% |
9,223
+4,870
| +112% | +$146K |
|
2815
Rogers Corp
ROG
$2.4B
| $273K | ﹤0.01% |
+4,557
| New | +$230K |
|
|
VSLR
2816
DELISTED
VIVINT SOLAR, INC.
VSLR
| $273K | ﹤0.01% |
+103,154
| New | +$664K |
|
2817
Bank of Hawaii
BOH
$3.13B
| $271K | ﹤0.01% |
3,976
-4,600
| -54% | -$289K |
|
2818
Direxion Daily Real Estate Bull 3X ETF
DRN
$44.8M
| $271K | ﹤0.01% |
12,416
-1,344
| -10% | -$23.3K |
|
|
NPTN
2819
DELISTED
NEOPHOTONICS CORP
NPTN
| $271K | ﹤0.01% |
19,320
-145,080
| -88% | -$1.5M |
|
|
JRJC
2820
DELISTED
China Finance Online Co., Ltd.
JRJC
| $271K | ﹤0.01% |
5,340
-1,650
| -24% | -$85.5K |
|
2821
Vanguard Global ex-US Real Estate ETF
VNQI
$3.57B
| $270K | ﹤0.01% |
+5,050
| New | +$251K |
|
2822
Invesco S&P Spin-Off ETF
CSD
$228M
| $269K | ﹤0.01% |
6,973
-7,100
| -50% | -$254K |
|
2823
Schwab US Dividend Equity ETF
SCHD
$106B
| $269K | ﹤0.01% |
20,100
-6,360
| -24% | -$80.6K |
|
2824
Genie Energy
GNE
$383M
| $268K | ﹤0.01% |
35,279
+17,824
| +102% | +$153K |
|
|
CAF
2825
Morgan Stanley China A Share Fund
CAF
$327M
| $267K | ﹤0.01% |
+15,780
| New | +$255K |
|
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.