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 | |
|---|---|---|---|---|---|---|
|
PDLI
1176
DELISTED
PDL BioPharma, Inc.
PDLI
| $5.64M | 0.01% |
1,694,387
-741,385
| -30% | -$2.31M |
|
1177
Tandem Diabetes Care
TNDM
$1.56B
| $5.63M | 0.01% |
64,635
+19,732
| +44% | +$1.73M |
|
|
MEG
1178
DELISTED
Media General, Inc
MEG
| $5.63M | 0.01% |
344,981
-488,099
| -59% | -$7.87M |
|
|
RTEC
1179
DELISTED
Rudolph Technologies Inc
RTEC
| $5.63M | 0.01% |
411,848
+93,564
| +29% | +$1.18M |
|
1180
Steris
STE
$23.1B
| $5.62M | 0.01% |
79,022
-163,065
| -67% | -$11M |
|
1181
Integer Holdings
ITGR
$4.26B
| $5.61M | 0.01% |
157,532
+137,828
| +699% | +$4.86M |
|
1182
PUT
Wynn Resorts
WYNN
$10.6B
| $5.61M | 0.01% |
+60,000
| New | +$4.43M |
|
1183
VanEck Junior Gold Miners ETF
GDXJ
$8.46B
| $5.6M | 0.01% |
+201,159
| New | +$4.7M |
|
|
RHT
1184
CALL
DELISTED
Red Hat Inc
RHT
| $5.59M | 0.01% |
+75,000
| New | +$5.29M |
|
1185
Progress Software
PRGS
$1.76B
| $5.58M | 0.01% |
231,261
-100,138
| -30% | -$2.46M |
|
|
CLVS
1186
DELISTED
Clovis Oncology, Inc.
CLVS
| $5.58M | 0.01% |
290,411
-883,462
| -75% | -$18.7M |
|
|
ILG
1187
DELISTED
ILG, Inc Common Stock
ILG
| $5.54M | 0.01% |
383,908
+277,238
| +260% | +$3.59M |
|
1188
Liberty Global Class A
LBTYA
$3.6B
| $5.53M | 0.01% |
164,530
-1,677,911
| -91% | -$52.8M |
|
1189
ManpowerGroup
MAN
$2.63B
| $5.53M | 0.01% |
67,855
+43,015
| +173% | +$3.3M |
|
|
PLCM
1190
DELISTED
POLYCOM INC
PLCM
| $5.53M | 0.01% |
495,482
+436,884
| +746% | +$4.59M |
|
1191
GoDaddy
GDDY
$11.5B
| $5.52M | 0.01% |
170,700
-15,236
| -8% | -$458K |
|
1192
Blackrock
BLK
$176B
| $5.51M | 0.01% |
16,191
+15,091
| +1,372% | +$4.78M |
|
1193
PUT
3M
MMM
$94.3B
| $5.5M | 0.01% |
+39,468
| New | +$5.07M |
|
1194
Jones Lang LaSalle
JLL
$16.7B
| $5.5M | 0.01% |
46,852
-46,355
| -50% | -$5.62M |
|
|
ANAT
1195
DELISTED
American National Group, Inc. Common Stock
ANAT
| $5.5M | 0.01% |
47,593
+24,812
| +109% | +$2.54M |
|
|
NCI
1196
DELISTED
Navigant Consulting, Inc.
NCI
| $5.49M | 0.01% |
347,390
+12,416
| +4% | +$190K |
|
|
AFFX
1197
DELISTED
Affymetrix Inc
AFFX
| $5.49M | 0.01% |
391,953
-443,830
| -53% | -$6.08M |
|
1198
MDU Resources
MDU
$4.32B
| $5.48M | 0.01% |
740,741
-211,091
| -22% | -$1.42M |
|
|
CRAY
1199
DELISTED
Cray, Inc.
CRAY
| $5.47M | 0.01% |
130,505
+84,773
| +185% | +$3.23M |
|
|
KRA
1200
DELISTED
Kraton Corporation
KRA
| $5.46M | 0.01% |
315,583
-35,904
| -10% | -$559K |
|
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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.