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 | |
|---|---|---|---|---|---|---|
|
BKS
1076
DELISTED
Barnes & Noble
BKS
| $6.7M | 0.02% |
542,264
+511,737
| +1,676% | +$5.01M |
|
1077
Ternium
TX
$10.6B
| $6.7M | 0.02% |
372,413
-51,723
| -12% | -$722K |
|
1078
Jack Henry & Associates
JKHY
$11.1B
| $6.66M | 0.02% |
+78,701
| New | +$6.32M |
|
1079
Sasol
SSL
$7.1B
| $6.64M | 0.02% |
224,836
+137,073
| +156% | +$3.72M |
|
1080
Las Vegas Sands
LVS
$29.6B
| $6.64M | 0.02% |
+128,475
| New | +$5.88M |
|
|
SKX
1081
DELISTED
Skechers
SKX
| $6.63M | 0.02% |
+217,799
| New | +$6.55M |
|
1082
CALL
Edwards Lifesciences
EW
$51.7B
| $6.62M | 0.02% |
+225,000
| New | +$6.21M |
|
1083
PUT
Ashland
ASH
$3.5B
| $6.6M | 0.02% |
+122,640
| New | +$5.9M |
|
1084
Hanover Insurance
THG
$7.98B
| $6.59M | 0.02% |
73,064
-99,799
| -58% | -$8.24M |
|
1085
Open Text
OTEX
$6.04B
| $6.58M | 0.02% |
254,006
+31,462
| +14% | +$758K |
|
1086
CALL
International Paper
IP
$22B
| $6.57M | 0.02% |
+168,960
| New | +$5.88M |
|
1087
Cummins
CMI
$88.7B
| $6.56M | 0.02% |
59,693
-363,171
| -86% | -$35.1M |
|
1088
Halliburton
HAL
$26.6B
| $6.55M | 0.02% |
183,449
-1,183,575
| -87% | -$38.6M |
|
1089
TE Connectivity
TEL
$62.6B
| $6.55M | 0.02% |
105,783
-375,129
| -78% | -$21.8M |
|
1090
AMN Healthcare
AMN
$1.4B
| $6.54M | 0.02% |
194,664
-142,394
| -42% | -$4.07M |
|
|
DFS
1091
DELISTED
Discover Financial Services
DFS
| $6.54M | 0.02% |
128,504
-584,048
| -82% | -$28.1M |
|
|
ELGX
1092
DELISTED
Endologix Inc
ELGX
| $6.54M | 0.02% |
78,247
-68,942
| -47% | -$5.68M |
|
|
OA
1093
PUT
DELISTED
Orbital ATK, Inc.
OA
| $6.52M | 0.02% |
+75,000
| New | +$6.37M |
|
|
SUP
1094
DELISTED
Superior Industries International
SUP
| $6.5M | 0.02% |
294,240
+175,428
| +148% | +$3.44M |
|
1095
Hecla Mining
HL
$11.3B
| $6.5M | 0.02% |
+2,336,319
| New | +$5.28M |
|
1096
Match Group
MTCH
$8.55B
| $6.49M | 0.02% |
586,488
+91,193
| +18% | +$1.04M |
|
|
SWC
1097
DELISTED
Stillwater Mining Co
SWC
| $6.49M | 0.02% |
+609,093
| New | +$4.87M |
|
|
BWP
1098
DELISTED
Boardwalk Pipeline Partners
BWP
| $6.47M | 0.02% |
439,000
-1,264,489
| -74% | -$15.4M |
|
|
SYKE
1099
DELISTED
SYKES Enterprises Inc
SYKE
| $6.45M | 0.02% |
213,549
+135,055
| +172% | +$3.94M |
|
1100
PUT
Dover
DOV
$28.4B
| $6.43M | 0.02% |
+123,800
| New | +$6M |
|
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.