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 | |
|---|---|---|---|---|---|---|
851
SPS Commerce
SPSC
$2.64B
| $9.68M | 0.02% |
+450,996
| New | +$11.3M |
|
|
FL
852
CALL
DELISTED
Foot Locker
FL
| $9.68M | 0.02% |
+150,000
| New | +$9.73M |
|
|
DNY
853
DELISTED
DONNELLEY R R & SONS CO
DNY
| $9.66M | 0.02% |
589,171
+548,158
| +1,337% | +$8.99M |
|
854
Celldex Therapeutics
CLDX
$3.28B
| $9.64M | 0.02% |
170,036
+149,409
| +724% | +$16.8M |
|
855
Marriott International
MAR
$92.3B
| $9.64M | 0.02% |
135,421
-54,852
| -29% | -$3.59M |
|
856
STAG Industrial
STAG
$7.19B
| $9.64M | 0.02% |
473,394
+357,668
| +309% | +$6.32M |
|
857
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.5B
| $9.63M | 0.02% |
+388,000
| New | +$8.96M |
|
858
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$19.3B
| $9.62M | 0.02% |
538,240
-16,668
| -3% | -$276K |
|
859
Albany International
AIN
$1.78B
| $9.59M | 0.02% |
255,222
+91,001
| +55% | +$3.21M |
|
860
Evertec
EVTC
$1.78B
| $9.58M | 0.02% |
685,458
+355,112
| +107% | +$4.8M |
|
861
Mueller Water Products
MWA
$4.16B
| $9.57M | 0.02% |
968,729
+175,280
| +22% | +$1.5M |
|
862
Air Products & Chemicals
APD
$67.6B
| $9.56M | 0.02% |
71,767
-246,709
| -77% | -$29.8M |
|
|
CKP
863
DELISTED
CHECKPOINT SYSTEMS INC
CKP
| $9.56M | 0.02% |
944,758
+734,793
| +350% | +$5.61M |
|
864
CALL
Colgate-Palmolive
CL
$74.4B
| $9.54M | 0.02% |
+135,000
| New | +$8.98M |
|
|
MGLN
865
DELISTED
Magellan Health Services, Inc.
MGLN
| $9.54M | 0.02% |
140,372
+51,102
| +57% | +$3.07M |
|
866
Pilgrim's Pride
PPC
$6.54B
| $9.5M | 0.02% |
+373,910
| New | +$8.68M |
|
|
TGNA
867
DELISTED
TEGNA Inc
TGNA
| $9.47M | 0.02% |
+630,906
| New | +$9.59M |
|
868
ResMed
RMD
$30.7B
| $9.46M | 0.02% |
163,659
+157,928
| +2,756% | +$8.94M |
|
869
Accuray
ARAY
$34M
| $9.41M | 0.02% |
1,627,722
-1,022,255
| -39% | -$5.66M |
|
870
NETGEAR
NTGR
$635M
| $9.4M | 0.02% |
232,969
-30,702
| -12% | -$1.18M |
|
|
LHO
871
DELISTED
LaSalle Hotel Properties
LHO
| $9.4M | 0.02% |
371,558
+351,524
| +1,755% | +$8.34M |
|
|
TDAY
872
USA Today Co
TDAY
$1.06B
| $9.4M | 0.02% |
564,683
+245,537
| +77% | +$4.01M |
|
873
Acadia Pharmaceuticals
ACAD
$5.03B
| $9.39M | 0.02% |
335,955
-122,830
| -27% | -$2.68M |
|
874
PUT
CNX Resources
CNX
$5.2B
| $9.39M | 0.02% |
998,160
+960,000
| +2,516% | +$6.98M |
|
|
B
875
DELISTED
Barnes Group Inc.
B
| $9.38M | 0.02% |
267,885
+205,571
| +330% | +$6.81M |
|
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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.