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 | |
|---|---|---|---|---|---|---|
2826
Seneca Foods Class A
SENEA
$1.21B
| $267K | ﹤0.01% |
+7,682
| New | +$233K |
|
2827
Vanguard Dividend Appreciation ETF
VIG
$114B
| $267K | ﹤0.01% |
+3,287
| New | +$252K |
|
|
MMP
2828
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $267K | ﹤0.01% |
3,887
-152,113
| -98% | -$9.95M |
|
|
NAME
2829
DELISTED
Rightside Group, Ltd.
NAME
| $267K | ﹤0.01% |
33,139
+3,189
| +11% | +$26.9K |
|
|
MOMO
2830
Hello Group
MOMO
$866M
| $266K | ﹤0.01% |
+23,674
| New | +$283K |
|
|
WBK
2831
DELISTED
Westpac Banking Corporation
WBK
| $266K | ﹤0.01% |
11,424
-29,447
| -72% | -$655K |
|
2832
Southern First Bancshares
SFST
$600M
| $265K | ﹤0.01% |
+10,863
| New | +$253K |
|
2833
VSE Corp
VSEC
$6.12B
| $264K | ﹤0.01% |
+7,788
| New | +$236K |
|
|
SP
2834
DELISTED
SP Plus Corporation
SP
| $264K | ﹤0.01% |
10,964
+455
| +4% | +$10.5K |
|
|
RST
2835
DELISTED
ROSETTA STONE INC
RST
| $264K | ﹤0.01% |
39,314
+18,383
| +88% | +$130K |
|
|
GDEN
2836
DELISTED
Golden Entertainment
GDEN
| $263K | ﹤0.01% |
+24,281
| New | +$247K |
|
|
ONIT
2837
Onity Group
ONIT
$332M
| $261K | ﹤0.01% |
+7,038
| New | +$483K |
|
|
BKMU
2838
DELISTED
Bank Mutual Corp
BKMU
| $261K | ﹤0.01% |
34,487
-30,774
| -47% | -$231K |
|
|
AAIC
2839
DELISTED
Arlington Asset Investment Corp.
AAIC
| $260K | ﹤0.01% |
20,739
-2,259
| -10% | -$27.3K |
|
2840
Central Garden & Pet Co
CENT
$2.8B
| $259K | ﹤0.01% |
19,816
-242,848
| -92% | -$2.75M |
|
2841
Ingles Markets
IMKTA
$1.67B
| $259K | ﹤0.01% |
6,903
-1,649
| -19% | -$59K |
|
|
OLBK
2842
DELISTED
Old Line Bancshares, Inc.
OLBK
| $259K | ﹤0.01% |
14,357
+4,206
| +41% | +$74.8K |
|
|
CJES
2843
DELISTED
C&J ENERGY SVCS LTD
CJES
| $259K | ﹤0.01% |
183,538
-1,417,427
| -89% | -$3.01M |
|
2844
Brinker International
EAT
$9.66B
| $257K | ﹤0.01% |
5,583
-55,099
| -91% | -$2.65M |
|
2845
Univest Financial
UVSP
$1.18B
| $257K | ﹤0.01% |
13,176
-14,861
| -53% | -$288K |
|
2846
Deutsche Bank
DB
$71.5B
| $256K | ﹤0.01% |
16,915
-5,108
| -23% | -$85.5K |
|
|
SAFM
2847
DELISTED
Sanderson Farms Inc
SAFM
| $255K | ﹤0.01% |
+2,828
| New | +$238K |
|
2848
Chefs' Warehouse
CHEF
$4.5B
| $253K | ﹤0.01% |
12,488
-114,308
| -90% | -$1.88M |
|
2849
Seres Therapeutics
MCRB
$48.9M
| $253K | ﹤0.01% |
476
-8,299
| -95% | -$4.33M |
|
2850
Invesco S&P MidCap 400 Pure Growth ETF
RFG
$358M
| $253K | ﹤0.01% |
10,445
+1,500
| +17% | +$34.5K |
|
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.