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 | |
|---|---|---|---|---|---|---|
451
Cenovus Energy
CVE
$52.1B
| $21.7M | 0.05% |
1,668,414
-2,319,294
| -58% | -$27.7M |
|
|
SNDK
452
DELISTED
SANDISK CORP
SNDK
| $21.6M | 0.05% |
283,273
+130,326
| +85% | +$9.4M |
|
453
Vipshop
VIPS
$7.53B
| $21.5M | 0.05% |
+1,667,302
| New | +$20.9M |
|
|
SRCL
454
DELISTED
Stericycle Inc
SRCL
| $21.4M | 0.05% |
169,625
+139,385
| +461% | +$16.2M |
|
455
Motorola Solutions
MSI
$77.4B
| $21.2M | 0.05% |
280,639
+222,975
| +387% | +$15.1M |
|
|
TSE
456
DELISTED
Trinseo
TSE
| $21.2M | 0.05% |
577,034
+527,319
| +1,061% | +$15M |
|
457
Canadian National Railway
CNI
$76.6B
| $21.2M | 0.05% |
+339,518
| New | +$19M |
|
|
OKS
458
DELISTED
Oneok Partners LP
OKS
| $21.2M | 0.05% |
675,183
-327,396
| -33% | -$9.23M |
|
459
CALL
Fluor
FLR
$7.96B
| $21.2M | 0.05% |
394,200
| – | – |
|
460
AMC Global Media
AMCX
$489M
| $21.1M | 0.05% |
325,188
-89,673
| -22% | -$6.14M |
|
|
MDCO
461
DELISTED
Medicines Co
MDCO
| $21M | 0.05% |
661,867
-171,615
| -21% | -$5.6M |
|
462
ING
ING
$102B
| $21M | 0.05% |
1,756,172
+1,687,007
| +2,439% | +$20.2M |
|
463
General Dynamics
GD
$106B
| $20.9M | 0.05% |
159,273
-691,913
| -81% | -$91.7M |
|
464
Williams-Sonoma
WSM
$29.6B
| $20.9M | 0.05% |
761,974
+718,862
| +1,667% | +$19.5M |
|
|
ACC
465
DELISTED
American Campus Communities, Inc.
ACC
| $20.9M | 0.05% |
442,776
+336,277
| +316% | +$14.5M |
|
|
WBA
466
DELISTED
Walgreens Boots Alliance
WBA
| $20.8M | 0.05% |
247,442
+227,176
| +1,121% | +$18.1M |
|
|
MENT
467
DELISTED
Mentor Graphics Corp
MENT
| $20.8M | 0.05% |
1,023,083
+999,490
| +4,236% | +$18.2M |
|
468
Hyatt Hotels
H
$16.7B
| $20.8M | 0.05% |
419,511
+391,766
| +1,412% | +$17M |
|
469
Owens Corning
OC
$12.4B
| $20.8M | 0.05% |
438,942
+136,984
| +45% | +$6.08M |
|
470
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $20.6M | 0.05% |
+398,272
| New | +$20.7M |
|
|
ZNGA
471
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $20.5M | 0.05% |
8,994,544
-8,947,968
| -50% | -$20M |
|
472
Bruker
BRKR
$8.14B
| $20.5M | 0.05% |
730,800
-794,080
| -52% | -$19.8M |
|
|
TCO
473
DELISTED
Taubman Centers Inc.
TCO
| $20.4M | 0.05% |
286,933
+279,521
| +3,771% | +$19.8M |
|
474
Equifax
EFX
$21.4B
| $20.4M | 0.05% |
178,340
+57,017
| +47% | +$6M |
|
475
Prosperity Bancshares
PB
$8.89B
| $20.3M | 0.05% |
438,240
-100,559
| -19% | -$4.25M |
|
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.