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 | |
|---|---|---|---|---|---|---|
2876
Workhorse Group
WKHS
$36.3M
| $233K | ﹤0.01% |
+8
| New | +$150K |
|
|
CXP
2877
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $233K | ﹤0.01% |
+10,583
| New | +$228K |
|
|
FM
2878
DELISTED
iShares Frontier and Select EM ETF
FM
| $233K | ﹤0.01% |
+9,468
| New | +$224K |
|
2879
NWPX Infrastructure Inc
NWPX
$1.15B
| $232K | ﹤0.01% |
25,203
-6,051
| -19% | -$55.9K |
|
2880
Cadiz
CDZI
$291M
| $231K | ﹤0.01% |
+44,325
| New | +$229K |
|
|
TI
2881
DELISTED
Telecom Italia
TI
| $231K | ﹤0.01% |
21,400
+2,372
| +12% | +$25.6K |
|
2882
Ardmore Shipping
ASC
$683M
| $230K | ﹤0.01% |
27,197
+11,457
| +73% | +$102K |
|
2883
iShares Global Tech ETF
IXN
$9.26B
| $230K | ﹤0.01% |
+13,800
| New | +$213K |
|
2884
American Superconductor
AMSC
$1.59B
| $229K | ﹤0.01% |
30,153
+19,206
| +175% | +$129K |
|
2885
ESCO Technologies
ESE
$7.92B
| $229K | ﹤0.01% |
5,880
-207,555
| -97% | -$7.35M |
|
2886
Kenon Holdings
KEN
$3.45B
| $229K | ﹤0.01% |
28,821
-2,030
| -7% | -$17.2K |
|
|
PVG
2887
DELISTED
PRETIUM RESOURCES INC.
PVG
| $229K | ﹤0.01% |
+42,897
| New | +$212K |
|
|
GCAP
2888
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $229K | ﹤0.01% |
34,885
-39,331
| -53% | -$272K |
|
2889
iShares Core S&P US Value ETF
IUSV
$27.7B
| $228K | ﹤0.01% |
+5,307
| New | +$216K |
|
2890
State Street SPDR S&P Transportation ETF
XTN
$398M
| $228K | ﹤0.01% |
4,966
-600
| -11% | -$25K |
|
2891
Axogen
AXGN
$2.5B
| $227K | ﹤0.01% |
+42,399
| New | +$215K |
|
2892
Dana Inc
DAN
$3.06B
| $227K | ﹤0.01% |
+16,120
| New | +$201K |
|
2893
Luxfer Holdings
LXFR
$458M
| $227K | ﹤0.01% |
+21,394
| New | +$218K |
|
2894
Provident Financial
PROV
$112M
| $227K | ﹤0.01% |
+13,292
| New | +$235K |
|
2895
Invesco NASDAQ Internet ETF
PNQI
$541M
| $226K | ﹤0.01% |
+14,940
| New | +$215K |
|
2896
Graham Holdings Company
GHC
$5.02B
| $225K | ﹤0.01% |
+469
| New | +$223K |
|
|
WINT
2897
DELISTED
Windtree Therapeutics Inc
WINT
| $225K | ﹤0.01% |
134,509
-99,025
| -42% | -$213K |
|
2898
AppFolio
APPF
$7.04B
| $224K | ﹤0.01% |
+18,268
| New | +$233K |
|
2899
Vodafone
VOD
$37.4B
| $224K | ﹤0.01% |
6,995
-169,129
| -96% | -$5.27M |
|
|
NTG
2900
DELISTED
Tortoise Midstream Energy Fund, Inc. Common Stock
NTG
| $223K | ﹤0.01% |
+1,363
| New | +$206K |
|
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.