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 | |
|---|---|---|---|---|---|---|
1001
Cooper-Standard Automotive
CPS
$558M
| $7.56M | 0.02% |
105,203
+62,328
| +145% | +$4.42M |
|
1002
PUT
Murphy Oil
MUR
$4.78B
| $7.56M | 0.02% |
+300,000
| New | +$6.01M |
|
1003
Post Holdings
POST
$3.57B
| $7.54M | 0.02% |
167,631
-674,291
| -80% | -$28.4M |
|
|
ESV
1004
CALL
DELISTED
Ensco Rowan plc
ESV
| $7.54M | 0.02% |
181,825
| – | – |
|
1005
Vail Resorts
MTN
$5.3B
| $7.53M | 0.02% |
+56,288
| New | +$7.05M |
|
1006
Kratos Defense & Security Solutions
KTOS
$11.4B
| $7.51M | 0.02% |
1,518,013
-899,524
| -37% | -$3.25M |
|
1007
PUT
Medtronic
MDT
$112B
| $7.5M | 0.02% |
+100,000
| New | +$7.53M |
|
|
HMSY
1008
DELISTED
HMS Holdings Corp.
HMSY
| $7.5M | 0.02% |
522,636
+480,225
| +1,132% | +$5.96M |
|
|
LNCE
1009
DELISTED
Snyders-Lance, Inc.
LNCE
| $7.49M | 0.02% |
237,799
+88,030
| +59% | +$2.82M |
|
1010
Xerox
XRX
$425M
| $7.48M | 0.02% |
+254,319
| New | +$6.56M |
|
1011
State Street Financial Select Sector SPDR ETF
XLF
$58.8B
| $7.45M | 0.02% |
377,395
-111,602
| -23% | -$2.13M |
|
|
ADAP
1012
DELISTED
Adaptimmune Therapeutics
ADAP
| $7.45M | 0.02% |
916,622
+572,075
| +166% | +$4.68M |
|
1013
Caleres
CAL
$487M
| $7.45M | 0.02% |
263,176
-96,900
| -27% | -$2.58M |
|
|
SCS
1014
DELISTED
Steelcase
SCS
| $7.44M | 0.02% |
+498,656
| New | +$6.63M |
|
|
FCB
1015
DELISTED
FCB Financial Holdings, Inc.
FCB
| $7.43M | 0.02% |
223,373
+18,239
| +9% | +$581K |
|
1016
Kennametal
KMT
$2.52B
| $7.42M | 0.02% |
330,105
-316,382
| -49% | -$6.14M |
|
1017
BGC Group
BGC
$4.89B
| $7.4M | 0.02% |
1,271,351
-776,890
| -38% | -$4.46M |
|
1018
New York Times
NYT
$10.2B
| $7.4M | 0.02% |
593,844
+235,856
| +66% | +$2.99M |
|
|
BLUE
1019
DELISTED
bluebird bio
BLUE
| $7.39M | 0.02% |
13,433
+10,826
| +415% | +$6.65M |
|
|
CCRN
1020
DELISTED
Cross Country Healthcare
CCRN
| $7.3M | 0.02% |
627,826
-93,721
| -13% | -$1.19M |
|
1021
iShares China Large-Cap ETF
FXI
$4.31B
| $7.3M | 0.02% |
216,266
+179,535
| +489% | +$5.63M |
|
1022
PUT
Textron
TXT
$15.4B
| $7.29M | 0.02% |
+200,000
| New | +$7.01M |
|
1023
CALL
Sonoco
SON
$5.74B
| $7.29M | 0.02% |
150,000
+100,000
| +200% | +$4.25M |
|
1024
NRG Energy
NRG
$24.8B
| $7.27M | 0.02% |
558,490
-6,690,611
| -92% | -$76.5M |
|
|
TWX
1025
CALL
DELISTED
Time Warner Inc
TWX
| $7.25M | 0.02% |
100,000
+75,000
| +300% | +$5.16M |
|
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.