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 | |
|---|---|---|---|---|---|---|
|
PTLA
1126
CALL
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $6.22M | 0.02% |
+305,000
| New | +$9.68M |
|
1127
Watts Water Technologies
WTS
$13.1B
| $6.21M | 0.02% |
112,685
+42,086
| +60% | +$2.12M |
|
1128
PUT
Signet Jewelers
SIG
$3.76B
| $6.2M | 0.02% |
+50,000
| New | +$5.69M |
|
|
TMH
1129
DELISTED
Team Health Holdings Inc
TMH
| $6.17M | 0.02% |
147,676
-306,419
| -67% | -$12.5M |
|
1130
Archrock
AROC
$5.8B
| $6.17M | 0.02% |
771,650
-1,552,230
| -67% | -$8.63M |
|
1131
Coeur Mining
CDE
$17.9B
| $6.17M | 0.02% |
1,098,256
-1,225,371
| -53% | -$4.24M |
|
|
CHK
1132
DELISTED
Chesapeake Energy Corporation
CHK
| $6.15M | 0.02% |
+7,464
| New | +$5.29M |
|
1133
U-Haul Holding Co
UHAL
$14.6B
| $6.13M | 0.02% |
171,640
+95,840
| +126% | +$3.33M |
|
|
SNP
1134
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $6.13M | 0.02% |
94,135
-11,128
| -11% | -$642K |
|
|
EOCC
1135
DELISTED
Enel Generacion Chile S.A.
EOCC
| $6.13M | 0.02% |
212,968
-22,537
| -10% | -$609K |
|
1136
Canadian Natural Resources
CNQ
$93.8B
| $6.11M | 0.02% |
468,157
+435,267
| +1,323% | +$4.64M |
|
|
RAD
1137
DELISTED
Rite Aid Corporation
RAD
| $6.1M | 0.02% |
37,442
-9,518
| -20% | -$1.5M |
|
|
VSTO
1138
DELISTED
Vista Outdoor Inc.
VSTO
| $6.1M | 0.02% |
117,456
+27,413
| +30% | +$1.32M |
|
|
BGG
1139
DELISTED
Briggs & Stratton Corp.
BGG
| $6.03M | 0.02% |
252,204
+97,589
| +63% | +$2.01M |
|
|
S
1140
DELISTED
Sprint Corporation
S
| $6.03M | 0.02% |
+1,733,332
| New | +$5.54M |
|
1141
Selective Insurance
SIGI
$5.73B
| $6.03M | 0.02% |
164,748
-50,752
| -24% | -$1.68M |
|
1142
Belden
BDC
$5.19B
| $6.01M | 0.02% |
97,961
-104,420
| -52% | -$5.15M |
|
|
ORAN
1143
DELISTED
Orange
ORAN
| $6.01M | 0.02% |
+345,694
| New | +$5.97M |
|
|
BKI
1144
DELISTED
Black Knight, Inc. Common Stock
BKI
| $6M | 0.02% |
193,439
+80,710
| +72% | +$2.37M |
|
|
PDCE
1145
DELISTED
PDC Energy, Inc.
PDCE
| $6M | 0.02% |
100,843
-1,035,099
| -91% | -$54M |
|
1146
Packaging Corp of America
PKG
$22.8B
| $5.99M | 0.02% |
99,208
+79,416
| +401% | +$4.25M |
|
1147
Arista Networks
ANET
$238B
| $5.99M | 0.02% |
1,517,984
+1,344,096
| +773% | +$5.26M |
|
1148
LCI Industries
LCII
$2.65B
| $5.99M | 0.02% |
92,841
+87,791
| +1,738% | +$5.16M |
|
|
AFSI
1149
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $5.98M | 0.01% |
231,019
+177,073
| +328% | +$4.71M |
|
1150
Armstrong World Industries
AWI
$7.84B
| $5.97M | 0.01% |
123,425
-982,726
| -89% | -$40.3M |
|
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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.