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 | |
|---|---|---|---|---|---|---|
1151
Atlantic Union Bankshares
AUB
$5.97B
| $5.96M | 0.01% |
241,883
+203,558
| +531% | +$4.7M |
|
|
DST
1152
DELISTED
DST Systems Inc.
DST
| $5.95M | 0.01% |
+105,554
| New | +$5.62M |
|
1153
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $5.95M | 0.01% |
53,895
+38,543
| +251% | +$4.11M |
|
|
FLG
1154
Flagstar Bank National Association
FLG
$5.82B
| $5.94M | 0.01% |
+124,540
| New | +$5.77M |
|
|
QVCGA
1155
DELISTED
QVC Group Inc Series A
QVCGA
| $5.92M | 0.01% |
4,826
-25,864
| -84% | -$31.5M |
|
|
UBNK
1156
DELISTED
United Financial Bancorp, Inc.
UBNK
| $5.91M | 0.01% |
469,347
+284,514
| +154% | +$3.36M |
|
1157
SouthState Bank Corp
SSB
$10.5B
| $5.89M | 0.01% |
91,718
+13,494
| +17% | +$868K |
|
1158
H.B. Fuller
FUL
$3.28B
| $5.89M | 0.01% |
+138,648
| New | +$5.18M |
|
|
SPIL
1159
DELISTED
Siliconware Precision Industries Co Ltd
SPIL
| $5.87M | 0.01% |
736,859
+696,909
| +1,744% | +$5.33M |
|
1160
Ambev
ABEV
$46.4B
| $5.86M | 0.01% |
1,131,151
-1,577,075
| -58% | -$7.26M |
|
1161
American Eagle Outfitters
AEO
$3.01B
| $5.82M | 0.01% |
+349,257
| New | +$5.25M |
|
|
SPLK
1162
DELISTED
Splunk Inc
SPLK
| $5.82M | 0.01% |
+118,846
| New | +$5.35M |
|
|
TMHC
1163
DELISTED
Taylor Morrison
TMHC
| $5.8M | 0.01% |
410,912
+225,441
| +122% | +$2.98M |
|
|
DBD
1164
CALL
DELISTED
Diebold Nixdorf Incorporated
DBD
| $5.78M | 0.01% |
+200,000
| New | +$5.23M |
|
1165
Lesaka Technologies
LSAK
$420M
| $5.78M | 0.01% |
627,877
+132,793
| +27% | +$1.34M |
|
|
AUY
1166
DELISTED
Yamana Gold, Inc.
AUY
| $5.76M | 0.01% |
1,893,375
+1,810,275
| +2,178% | +$4.43M |
|
1167
Fox Factory Holding Corp
FOXF
$886M
| $5.75M | 0.01% |
+363,753
| New | +$5.59M |
|
1168
Saia
SAIA
$9.72B
| $5.75M | 0.01% |
204,114
+124,125
| +155% | +$3.06M |
|
1169
CALL
Synchrony
SYF
$25.6B
| $5.73M | 0.01% |
200,000
-200,000
| -50% | -$5.56M |
|
|
CADE
1170
DELISTED
Cadence Bank
CADE
| $5.72M | 0.01% |
268,578
-6,011
| -2% | -$125K |
|
1171
iShares Core S&P 500 ETF
IVV
$904B
| $5.69M | 0.01% |
27,519
+12,723
| +86% | +$2.5M |
|
|
VGR
1172
DELISTED
Vector Group Ltd.
VGR
| $5.68M | 0.01% |
425,900
-67,405
| -14% | -$898K |
|
|
TAST
1173
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $5.68M | 0.01% |
393,056
-157,154
| -29% | -$2.05M |
|
1174
Molina Healthcare
MOH
$10.3B
| $5.67M | 0.01% |
87,882
-131,051
| -60% | -$7.78M |
|
1175
Gibraltar Industries
ROCK
$1.49B
| $5.65M | 0.01% |
197,482
-157,617
| -44% | -$3.67M |
|
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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.