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 | |
|---|---|---|---|---|---|---|
|
SRRA
2951
DELISTED
Sierra Oncology, Inc. Common Stock
SRRA
| $200K | ﹤0.01% |
+743
| New | +$237K |
|
|
VIVS
2952
VivoSim Labs
VIVS
$1.64M
| $198K | ﹤0.01% |
380
-250
| -40% | -$127K |
|
|
OSIR
2953
DELISTED
Osiris Therapeutics, Inc. Common Stock
OSIR
| $196K | ﹤0.01% |
34,373
+16,441
| +92% | +$115K |
|
2954
ImmunityBio
IBRX
$8.1B
| $195K | ﹤0.01% |
+23,685
| New | +$223K |
|
2955
Citizens
CIA
$192M
| $194K | ﹤0.01% |
+26,863
| New | +$185K |
|
2956
Crawford & Co Class A
CRD.A
$669M
| $194K | ﹤0.01% |
32,210
+5,095
| +19% | +$24.2K |
|
2957
Simulations Plus
SLP
$371M
| $194K | ﹤0.01% |
+21,927
| New | +$214K |
|
2958
West Bancorporation
WTBA
$485M
| $193K | ﹤0.01% |
10,580
-6,965
| -40% | -$125K |
|
|
SJT
2959
San Juan Basin Royalty Trust
SJT
$118M
| $191K | ﹤0.01% |
37,163
+9,663
| +35% | +$46.8K |
|
2960
State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
$364M
| $191K | ﹤0.01% |
1,104
-10,373
| -90% | -$1.61M |
|
|
SFE
2961
DELISTED
Safeguard Scientifics, Inc.
SFE
| $190K | ﹤0.01% |
+14,331
| New | +$180K |
|
2962
Sterling Infrastructure
STRL
$16.7B
| $189K | ﹤0.01% |
36,708
-68,127
| -65% | -$343K |
|
|
TESS
2963
DELISTED
Tessco Technologies Inc
TESS
| $189K | ﹤0.01% |
11,352
-2,882
| -20% | -$50.2K |
|
|
CDI
2964
DELISTED
CDI Corp.
CDI
| $189K | ﹤0.01% |
30,036
-62,151
| -67% | -$325K |
|
2965
Iovance Biotherapeutics
IOVA
$2.87B
| $187K | ﹤0.01% |
36,793
+6,197
| +20% | +$33.9K |
|
2966
Titan International
TWI
$475M
| $186K | ﹤0.01% |
34,498
-158,698
| -82% | -$660K |
|
|
RIC
2967
DELISTED
Richmont Mines Inc.
RIC
| $186K | ﹤0.01% |
+32,976
| New | +$144K |
|
|
SOL
2968
DELISTED
Emeren Group
SOL
| $185K | ﹤0.01% |
25,762
-21,368
| -45% | -$158K |
|
|
BMCH
2969
DELISTED
BMC Stock Holdings, Inc
BMCH
| $185K | ﹤0.01% |
11,152
-119,561
| -91% | -$1.75M |
|
2970
Alamos Gold
AGI
$13.9B
| $184K | ﹤0.01% |
34,778
-48,222
| -58% | -$198K |
|
|
XTLY
2971
DELISTED
Xactly Corporation
XTLY
| $184K | ﹤0.01% |
26,819
-16,187
| -38% | -$104K |
|
2972
Palisade Bio
PALI
$367M
| – | – |
0
| – | – |
|
|
GIG
2973
DELISTED
GigPeak, Inc.
GIG
| $182K | ﹤0.01% |
67,565
+45,478
| +206% | +$122K |
|
|
VRNG
2974
DELISTED
VRINGO, INC COM STK NEW (DE)
VRNG
| $182K | ﹤0.01% |
110,982
-98
| -0.1% | -$185 |
|
|
FENG
2975
Phoenix New Media
FENG
$18M
| $181K | ﹤0.01% |
6,776
+1,001
| +17% | +$25.8K |
|
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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.