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 | |
|---|---|---|---|---|---|---|
|
HTO
1101
H2O America
HTO
$2.62B
| $6.43M | 0.02% |
176,953
+164,093
| +1,276% | +$5.52M |
|
1102
Capital One
COF
$134B
| $6.43M | 0.02% |
92,748
-390,767
| -81% | -$25.8M |
|
1103
Adecoagro
AGRO
$1.36B
| $6.41M | 0.02% |
554,856
+276,151
| +99% | +$3.35M |
|
1104
Kirby Corp
KEX
$6.93B
| $6.4M | 0.02% |
106,206
-462,708
| -81% | -$25.2M |
|
1105
Terex
TEX
$7.74B
| $6.4M | 0.02% |
257,144
+107,701
| +72% | +$2.25M |
|
1106
Urban Outfitters
URBN
$6.59B
| $6.39M | 0.02% |
193,063
-72,888
| -27% | -$1.93M |
|
1107
The GEO Group
GEO
$4.04B
| $6.37M | 0.02% |
275,537
-499,633
| -64% | -$9.76M |
|
1108
Energizer
ENR
$1.55B
| $6.35M | 0.02% |
156,766
-87,199
| -36% | -$3.19M |
|
1109
CALL
Boeing
BA
$185B
| $6.35M | 0.02% |
+50,000
| New | +$6.2M |
|
1110
SPX Corp
SPXC
$10.8B
| $6.33M | 0.02% |
421,173
-980,695
| -70% | -$10.5M |
|
1111
Wheaton Precious Metals
WPM
$60.9B
| $6.32M | 0.02% |
381,367
+35,622
| +10% | +$516K |
|
1112
Federated Hermes
FHI
$4.72B
| $6.32M | 0.02% |
219,099
-79,685
| -27% | -$2.1M |
|
|
BERY
1113
DELISTED
Berry Global Group, Inc.
BERY
| $6.3M | 0.02% |
189,918
-1,344,035
| -88% | -$39.1M |
|
1114
Angi Inc
ANGI
$196M
| $6.3M | 0.02% |
78,093
+73,484
| +1,594% | +$6.35M |
|
|
BMS
1115
DELISTED
Bemis
BMS
| $6.3M | 0.02% |
121,674
-73,257
| -38% | -$3.53M |
|
|
SPNE
1116
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $6.29M | 0.02% |
429,984
+66,967
| +18% | +$930K |
|
1117
PUT
Acadia Pharmaceuticals
ACAD
$5.03B
| $6.29M | 0.02% |
+225,000
| New | +$4.91M |
|
1118
Visteon
VC
$2.78B
| $6.27M | 0.02% |
78,819
-696,058
| -90% | -$54.8M |
|
1119
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.5B
| $6.25M | 0.02% |
35,378
+5,028
| +17% | +$837K |
|
|
MTGE
1120
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $6.25M | 0.02% |
425,626
+263,560
| +163% | +$3.6M |
|
1121
Emergent Biosolutions
EBS
$248M
| $6.24M | 0.02% |
171,557
+80,783
| +89% | +$2.85M |
|
|
CAB
1122
DELISTED
Cabela's Inc
CAB
| $6.24M | 0.02% |
128,054
+76,441
| +148% | +$3.43M |
|
|
GRMN
1123
Garmin
GRMN
$60B
| $6.23M | 0.02% |
155,914
+79,814
| +105% | +$2.96M |
|
|
JOYY
1124
JOYY Inc
JOYY
$3.75B
| $6.22M | 0.02% |
+101,069
| New | +$5.69M |
|
|
CMRX
1125
DELISTED
Chimerix, Inc.
CMRX
| $6.22M | 0.02% |
1,217,905
+278,952
| +30% | +$1.82M |
|
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.