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 | |
|---|---|---|---|---|---|---|
476
DexCom
DXCM
$32B
| $20.3M | 0.05% |
1,194,396
-465,568
| -28% | -$7.78M |
|
|
HAWK
477
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $20.3M | 0.05% |
+590,681
| New | +$21.5M |
|
478
DTE Energy
DTE
$29.1B
| $20.2M | 0.05% |
262,252
-1,061,129
| -80% | -$76.7M |
|
479
L3Harris
LHX
$53.4B
| $20.2M | 0.05% |
259,619
-369,749
| -59% | -$29.6M |
|
480
Integra LifeSciences
IART
$1.34B
| $20.2M | 0.05% |
599,682
+144,502
| +32% | +$4.5M |
|
481
Labcorp
LH
$25.9B
| $20.1M | 0.05% |
199,370
-155,704
| -44% | -$14.9M |
|
|
IPXL
482
DELISTED
Impax Laboratories, Inc.
IPXL
| $19.9M | 0.05% |
622,858
-75,098
| -11% | -$2.64M |
|
|
ETFC
483
DELISTED
E*Trade Financial Corporation
ETFC
| $19.9M | 0.05% |
812,019
+685,597
| +542% | +$16.6M |
|
|
RDS.A
484
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $19.9M | 0.05% |
432,853
+12,599
| +3% | +$534K |
|
485
SolarEdge
SEDG
$1.95B
| $19.8M | 0.05% |
785,988
-530,183
| -40% | -$13.9M |
|
486
State Street Utilities Select Sector SPDR ETF
XLU
$22.5B
| $19.7M | 0.05% |
794,284
+90,528
| +13% | +$2.09M |
|
|
WUBA
487
DELISTED
58.com Inc
WUBA
| $19.6M | 0.05% |
353,084
+174,395
| +98% | +$9.63M |
|
488
IBM
IBM
$224B
| $19.6M | 0.05% |
135,633
-167
| -0.1% | -$21.3K |
|
|
CST
489
DELISTED
CST Brands, Inc.
CST
| $19.6M | 0.05% |
511,559
-696,306
| -58% | -$25.6M |
|
490
Ametek
AME
$58.2B
| $19.6M | 0.05% |
391,617
+386,717
| +7,892% | +$18.4M |
|
491
Regal Rexnord
RRX
$11.9B
| $19.5M | 0.05% |
309,418
-526,754
| -63% | -$29.5M |
|
492
Enovis
ENOV
$1.53B
| $19.5M | 0.05% |
396,352
+294,742
| +290% | +$12.5M |
|
493
Amdocs
DOX
$6.22B
| $19.5M | 0.05% |
+322,616
| New | +$18.1M |
|
494
CME Group
CME
$94.8B
| $19.5M | 0.05% |
202,504
-398,355
| -66% | -$36.2M |
|
|
TPH
495
DELISTED
Tri Pointe Homes
TPH
| $19.4M | 0.05% |
1,650,746
+44,408
| +3% | +$469K |
|
496
Ball Corp
BALL
$16.8B
| $19.4M | 0.05% |
545,322
+212,410
| +64% | +$7.24M |
|
497
Allegiant Air
ALGT
$2.57B
| $19.4M | 0.05% |
108,731
+66,801
| +159% | +$10.9M |
|
|
PMT
498
PennyMac Mortgage Investment
PMT
$842M
| $19.3M | 0.05% |
1,412,292
+526,550
| +59% | +$6.98M |
|
499
SL Green Realty
SLG
$3.99B
| $19.3M | 0.05% |
205,408
+11,268
| +6% | +$1.03M |
|
500
SBA Communications
SBAC
$19.5B
| $19.2M | 0.05% |
191,533
-172,249
| -47% | -$16.5M |
|
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.