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 | |
|---|---|---|---|---|---|---|
|
ECOL
1251
DELISTED
US Ecology, Inc.
ECOL
| $5.05M | 0.01% |
+114,469
| New | +$4.14M |
|
|
MNR
1252
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $5.04M | 0.01% |
423,600
+202,326
| +91% | +$2.18M |
|
1253
Banco Macro
BMA
$5.35B
| $5.01M | 0.01% |
77,652
+72,152
| +1,312% | +$4.6M |
|
1254
SiriusXM
SIRI
$10.1B
| $5.01M | 0.01% |
126,734
-738,468
| -85% | -$27.6M |
|
|
AVG
1255
DELISTED
AVG Technologies N.V.
AVG
| $5M | 0.01% |
+241,110
| New | +$4.52M |
|
|
BLOX
1256
DELISTED
Infoblox Inc
BLOX
| $4.97M | 0.01% |
290,455
-450,196
| -61% | -$7.19M |
|
1257
QuidelOrtho
QDEL
$838M
| $4.96M | 0.01% |
287,354
+117,231
| +69% | +$1.96M |
|
|
NBIS
1258
Nebius Group N.V.
NBIS
$47.7B
| $4.94M | 0.01% |
322,605
-1,240,851
| -79% | -$17M |
|
|
SGYP
1259
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $4.91M | 0.01% |
1,779,467
-961,319
| -35% | -$3.48M |
|
1260
Ares Capital
ARCC
$14.4B
| $4.91M | 0.01% |
330,528
-646,946
| -66% | -$8.91M |
|
1261
CALL
Fastenal
FAST
$59.5B
| $4.9M | 0.01% |
+400,000
| New | +$4.35M |
|
1262
Rigel Pharmaceuticals
RIGL
$750M
| $4.88M | 0.01% |
234,576
+30,016
| +15% | +$740K |
|
1263
American Water Works
AWK
$26.9B
| $4.88M | 0.01% |
70,736
-338,432
| -83% | -$22M |
|
1264
CALL
Johnson Controls International
JCI
$92.2B
| $4.87M | 0.01% |
+119,375
| New | +$4.56M |
|
1265
ServiceNow
NOW
$129B
| $4.86M | 0.01% |
397,045
-1,527,915
| -79% | -$19.3M |
|
1266
Trimble
TRMB
$13.9B
| $4.85M | 0.01% |
195,705
-518,428
| -73% | -$11.4M |
|
1267
BHP
BHP
$230B
| $4.85M | 0.01% |
+209,746
| New | +$4.44M |
|
|
GAS
1268
DELISTED
AGL Resources Inc
GAS
| $4.84M | 0.01% |
74,380
-125,727
| -63% | -$8.09M |
|
1269
PUT
FMC
FMC
$1.33B
| $4.84M | 0.01% |
+138,360
| New | +$4.49M |
|
|
SWN
1270
CALL
DELISTED
Southwestern Energy Company
SWN
| $4.84M | 0.01% |
600,000
-134,700
| -18% | -$1.03M |
|
1271
Fortinet
FTNT
$117B
| $4.84M | 0.01% |
789,480
+10,055
| +1% | +$55.5K |
|
|
CBF
1272
DELISTED
Capital Bank Financial Corp. Class A Common Stock
CBF
| $4.83M | 0.01% |
156,397
-50,129
| -24% | -$1.5M |
|
|
DRE
1273
DELISTED
Duke Realty Corp.
DRE
| $4.82M | 0.01% |
213,624
-459,084
| -68% | -$9.44M |
|
1274
CALL
Martin Marietta Materials
MLM
$33B
| $4.79M | 0.01% |
+30,000
| New | +$4.12M |
|
|
RP
1275
DELISTED
RealPage, Inc.
RP
| $4.78M | 0.01% |
229,360
-56,320
| -20% | -$1.12M |
|
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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.