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 | |
|---|---|---|---|---|---|---|
1301
Comfort Systems
FIX
$59.6B
| $4.54M | 0.01% |
143,030
-222,668
| -61% | -$6.3M |
|
|
CTRA
1302
CALL
DELISTED
Coterra Energy
CTRA
| $4.54M | 0.01% |
+200,000
| New | +$4.01M |
|
1303
Banco Bradesco
BBD
$36.7B
| $4.52M | 0.01% |
1,290,643
+434,018
| +51% | +$1.13M |
|
1304
Huron Consulting
HURN
$2.42B
| $4.52M | 0.01% |
+77,601
| New | +$4.28M |
|
1305
Dick's Sporting Goods
DKS
$18.7B
| $4.51M | 0.01% |
96,542
+15,908
| +20% | +$646K |
|
|
ODP
1306
DELISTED
ODP
ODP
| $4.5M | 0.01% |
63,436
+40,656
| +178% | +$2.19M |
|
|
IPHI
1307
DELISTED
INPHI CORPORATION
IPHI
| $4.5M | 0.01% |
134,835
-75,221
| -36% | -$2.01M |
|
|
KSU
1308
DELISTED
Kansas City Southern
KSU
| $4.48M | 0.01% |
52,425
-113,335
| -68% | -$8.84M |
|
|
CUB
1309
DELISTED
Cubic Corporation
CUB
| $4.48M | 0.01% |
112,069
-57,240
| -34% | -$2.21M |
|
1310
ICF International
ICFI
$1.72B
| $4.47M | 0.01% |
130,181
+33,618
| +35% | +$1.12M |
|
1311
Gentherm
THRM
$1.27B
| $4.46M | 0.01% |
107,218
+99,636
| +1,314% | +$4.03M |
|
1312
Stepan Co
SCL
$1.48B
| $4.45M | 0.01% |
80,394
-9,573
| -11% | -$460K |
|
|
OUTR
1313
CALL
DELISTED
OUTERWALL INC
OUTR
| $4.44M | 0.01% |
+120,000
| New | +$3.94M |
|
|
JBTM
1314
JBT Marel
JBTM
$6.39B
| $4.44M | 0.01% |
+78,671
| New | +$3.83M |
|
|
ANH
1315
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $4.43M | 0.01% |
950,340
+164,793
| +21% | +$737K |
|
|
ATSG
1316
DELISTED
Air Transport Services Group
ATSG
| $4.42M | 0.01% |
+287,254
| New | +$3.29M |
|
1317
iShares S&P 100 ETF
OEF
$20.5B
| $4.4M | 0.01% |
48,161
+30,031
| +166% | +$2.62M |
|
1318
Stagwell
STGW
$2.24B
| $4.4M | 0.01% |
186,459
-67,828
| -27% | -$1.37M |
|
|
IM
1319
DELISTED
Ingram Micro
IM
| $4.39M | 0.01% |
122,367
-529,122
| -81% | -$16.9M |
|
|
KS
1320
DELISTED
KapStone Paper and Pack Corp.
KS
| $4.39M | 0.01% |
316,875
-374,641
| -54% | -$5.07M |
|
1321
CALL
Newmont
NEM
$119B
| $4.39M | 0.01% |
+165,000
| New | +$3.82M |
|
1322
Geospace Technologies
GEOS
$75.7M
| $4.38M | 0.01% |
355,184
-29,220
| -8% | -$322K |
|
|
SF
1323
Stifel
SF
$12.6B
| $4.37M | 0.01% |
332,399
-2,622,463
| -89% | -$37.3M |
|
1324
Teekay Tankers
TNK
$2.68B
| $4.37M | 0.01% |
148,953
-344,344
| -70% | -$11.9M |
|
|
BOBE
1325
DELISTED
Bob Evans Farms, Inc.
BOBE
| $4.37M | 0.01% |
93,631
-22,762
| -20% | -$960K |
|
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.