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 | |
|---|---|---|---|---|---|---|
826
Edwards Lifesciences
EW
$51.7B
| $10.1M | 0.03% |
344,058
-1,539,375
| -82% | -$42.5M |
|
|
BXLT
827
CALL
DELISTED
BAXALTA INC COM STK (DE)
BXLT
| $10.1M | 0.03% |
250,000
+50,000
| +25% | +$1.98M |
|
|
VRNT
828
DELISTED
Verint Systems
VRNT
| $10.1M | 0.03% |
+593,207
| New | +$10.8M |
|
829
Unilever
UL
$136B
| $10.1M | 0.03% |
198,395
+112,475
| +131% | +$5.47M |
|
830
TIM SA
TIMB
$8.8B
| $10.1M | 0.03% |
911,179
+38,464
| +4% | +$338K |
|
831
Radian Group
RDN
$4.93B
| $10.1M | 0.03% |
811,360
-846,560
| -51% | -$9.6M |
|
832
Manitowoc
MTW
$675M
| $10M | 0.03% |
+579,688
| New | +$8.42M |
|
833
Carlisle Companies
CSL
$15.4B
| $10M | 0.03% |
100,817
-102,991
| -51% | -$9.08M |
|
|
CIT
834
CALL
DELISTED
CIT Group Inc.
CIT
| $10M | 0.03% |
+322,500
| New | +$10.2M |
|
835
TC Energy
TRP
$65.9B
| $9.99M | 0.03% |
254,233
+179,118
| +238% | +$6.27M |
|
|
AKRX
836
DELISTED
Akorn Inc
AKRX
| $9.99M | 0.03% |
424,536
+106,001
| +33% | +$2.79M |
|
|
ABB
837
DELISTED
ABB Ltd
ABB
| $9.92M | 0.02% |
510,740
+449,591
| +735% | +$7.95M |
|
|
PEGI
838
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $9.91M | 0.02% |
519,925
-405,094
| -44% | -$7.28M |
|
|
VR
839
DELISTED
Validus Hold Ltd
VR
| $9.9M | 0.02% |
209,865
-490,223
| -70% | -$22M |
|
840
Healthpeak Properties
DOC
$14.8B
| $9.9M | 0.02% |
333,743
+312,003
| +1,435% | +$9.36M |
|
|
JUNO
841
DELISTED
Juno Therapeutics, Inc.
JUNO
| $9.9M | 0.02% |
259,822
+253,586
| +4,066% | +$8.84M |
|
|
FBR
842
DELISTED
Fibria Celulose Sa
FBR
| $9.89M | 0.02% |
+1,166,420
| New | +$11.8M |
|
843
United Natural Foods
UNFI
$2.85B
| $9.88M | 0.02% |
245,177
-93,499
| -28% | -$3.45M |
|
|
INVX
844
Innovex International
INVX
$1.97B
| $9.86M | 0.02% |
162,729
-23,313
| -13% | -$1.3M |
|
|
CVRR
845
DELISTED
CVR Refining, LP
CVRR
| $9.81M | 0.02% |
811,842
+363,119
| +81% | +$5.15M |
|
846
TripAdvisor
TRIP
$1.26B
| $9.78M | 0.02% |
147,043
-295,189
| -67% | -$19.5M |
|
|
TGP
847
DELISTED
Teekay LNG Partners L.P.
TGP
| $9.76M | 0.02% |
769,465
-381,674
| -33% | -$4.33M |
|
|
MDRX
848
DELISTED
Veradigm Inc. Common Stock
MDRX
| $9.74M | 0.02% |
737,586
+38,398
| +5% | +$504K |
|
849
Vanguard S&P 500 ETF
VOO
$1.01T
| $9.73M | 0.02% |
51,624
+33,845
| +190% | +$6.06M |
|
|
WGL
850
DELISTED
Wgl Holdings
WGL
| $9.71M | 0.02% |
134,193
-10,968
| -8% | -$734K |
|
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.