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 | |
|---|---|---|---|---|---|---|
|
TAHO
1026
DELISTED
Tahoe Resources Inc
TAHO
| $7.23M | 0.02% |
721,200
+538,164
| +294% | +$4.8M |
|
|
FDC
1027
DELISTED
First Data Corporation
FDC
| $7.23M | 0.02% |
558,920
+537,421
| +2,500% | +$6.91M |
|
|
WOOF
1028
DELISTED
VCA Inc.
WOOF
| $7.23M | 0.02% |
125,293
-189,592
| -60% | -$9.83M |
|
|
CA
1029
DELISTED
CA, Inc.
CA
| $7.2M | 0.02% |
233,893
+175,242
| +299% | +$5.03M |
|
1030
CALL
Eli Lilly
LLY
$1.06T
| $7.2M | 0.02% |
+100,000
| New | +$7.57M |
|
|
QLGC
1031
DELISTED
QLOGIC CORP
QLGC
| $7.19M | 0.02% |
535,290
+504,434
| +1,635% | +$6.27M |
|
1032
CALL
TripAdvisor
TRIP
$1.26B
| $7.17M | 0.02% |
+107,900
| New | +$7.14M |
|
1033
TherapeuticsMD
TXMD
$24M
| $7.16M | 0.02% |
22,360
-14,208
| -39% | -$4.85M |
|
1034
Ryder
R
$10.1B
| $7.15M | 0.02% |
110,341
-290,228
| -72% | -$16.5M |
|
1035
State Street Technology Select Sector SPDR ETF
XLK
$123B
| $7.12M | 0.02% |
320,796
-1,570,820
| -83% | -$32.5M |
|
|
CPXX
1036
DELISTED
CELATOR PHARMACEUTICALS INC. COMMON STOCK
CPXX
| $7.1M | 0.02% |
+643,802
| New | +$2.11M |
|
1037
iShares Russell 1000 Growth ETF
IWF
$128B
| $7.1M | 0.02% |
284,532
+193,076
| +211% | +$4.56M |
|
1038
Crane NXT
CXT
$3.07B
| $7.1M | 0.02% |
379,328
-444,642
| -54% | -$7.59M |
|
1039
Gold Fields
GFI
$36.5B
| $7.09M | 0.02% |
1,799,778
+270,822
| +18% | +$1.01M |
|
1040
Ross Stores
ROST
$81.9B
| $7.09M | 0.02% |
122,389
+101,785
| +494% | +$5.65M |
|
|
TVTY
1041
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $7.08M | 0.02% |
701,566
+307,408
| +78% | +$3.45M |
|
|
WLH
1042
DELISTED
WILLIAM LYON HOMES
WLH
| $7.06M | 0.02% |
487,478
+71,234
| +17% | +$843K |
|
1043
MarketAxess Holdings
MKTX
$5.72B
| $7.05M | 0.02% |
56,451
+11,872
| +27% | +$1.36M |
|
1044
Nelnet
NNI
$4.7B
| $7.04M | 0.02% |
178,868
-48,337
| -21% | -$1.69M |
|
1045
Portland General Electric
POR
$5.77B
| $7.04M | 0.02% |
178,162
+43,695
| +32% | +$1.67M |
|
1046
Cadence Design Systems
CDNS
$93.4B
| $7.04M | 0.02% |
298,328
-736,409
| -71% | -$15.4M |
|
|
ELNK
1047
DELISTED
EarthLink Holdings Corp.
ELNK
| $7.02M | 0.02% |
1,238,296
+166,662
| +16% | +$973K |
|
|
AVNS
1048
DELISTED
Avanos Medical
AVNS
| $7.01M | 0.02% |
243,902
+145,819
| +149% | +$3.88M |
|
1049
Autoliv
ALV
$9B
| $7M | 0.02% |
82,006
+2,969
| +4% | +$235K |
|
1050
Wolverine World Wide
WWW
$1.55B
| $6.99M | 0.02% |
379,312
+112,247
| +42% | +$1.96M |
|
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.