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 | |
|---|---|---|---|---|---|---|
|
AHRT
1351
AH Realty Trust
AHRT
$517M
| $4.19M | 0.01% |
372,159
+168,880
| +83% | +$1.8M |
|
|
AXON
1352
Axon Enterprise
AXON
$46.4B
| $4.18M | 0.01% |
213,121
+71,578
| +51% | +$1.23M |
|
|
CZZ
1353
DELISTED
Cosan Limited
CZZ
| $4.18M | 0.01% |
850,319
+362,183
| +74% | +$1.27M |
|
1354
Pampa Energía
PAM
$4.41B
| $4.17M | 0.01% |
194,580
+162,080
| +499% | +$3.39M |
|
|
GHL
1355
DELISTED
Greenhill & Co., Inc.
GHL
| $4.17M | 0.01% |
+187,691
| New | +$4.3M |
|
1356
iShares S&P 500 Growth ETF
IVW
$77.6B
| $4.16M | 0.01% |
143,548
+86,768
| +153% | +$2.39M |
|
|
FOE
1357
DELISTED
Ferro Corporation
FOE
| $4.15M | 0.01% |
349,808
-633,054
| -64% | -$6.35M |
|
1358
iShares National Muni Bond ETF
MUB
$45.9B
| $4.15M | 0.01% |
+37,150
| New | +$4.13M |
|
1359
Babcock & Wilcox
BW
$1.39B
| $4.15M | 0.01% |
19,379
+1,275
| +7% | +$254K |
|
|
LTRPA
1360
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $4.14M | 0.01% |
187,035
+98,790
| +112% | +$2.17M |
|
1361
Alamo Group
ALG
$2.05B
| $4.14M | 0.01% |
74,392
+47,430
| +176% | +$2.52M |
|
1362
Jefferies Financial Group
JEF
$13.1B
| $4.13M | 0.01% |
285,385
-47,411
| -14% | -$667K |
|
1363
CALL
First Solar
FSLR
$26.9B
| $4.11M | 0.01% |
+60,000
| New | +$4.02M |
|
|
OSG
1364
Octave Specialty Group
OSG
$222M
| $4.11M | 0.01% |
259,890
-403,461
| -61% | -$5.84M |
|
|
WRI
1365
DELISTED
Weingarten Realty Investors
WRI
| $4.1M | 0.01% |
109,242
-226,894
| -68% | -$7.99M |
|
1366
PUT
CarMax
KMX
$8.26B
| $4.09M | 0.01% |
80,000
-45,000
| -36% | -$2.12M |
|
|
WNS
1367
DELISTED
WNS Holdings
WNS
| $4.08M | 0.01% |
133,203
-104,978
| -44% | -$3M |
|
1368
1-800-Flowers.com
FLWS
$258M
| $4.06M | 0.01% |
+514,902
| New | +$3.86M |
|
|
CWEI
1369
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $4.05M | 0.01% |
453,877
-252,137
| -36% | -$3.68M |
|
1370
Clearway Energy Class C
CWEN
$6.7B
| $4.05M | 0.01% |
284,298
-665,865
| -70% | -$8.77M |
|
|
CLC
1371
DELISTED
Clarcor
CLC
| $4.05M | 0.01% |
+70,012
| New | +$3.45M |
|
|
ARRY
1372
DELISTED
Array Biopharma Inc
ARRY
| $4.03M | 0.01% |
1,366,105
-3,707,884
| -73% | -$11.1M |
|
1373
Quad
QUAD
$525M
| $4.02M | 0.01% |
+310,512
| New | +$3.36M |
|
1374
Nomad Foods
NOMD
$1.68B
| $4.02M | 0.01% |
+445,862
| New | +$3.76M |
|
|
TECD
1375
DELISTED
Tech Data Corp
TECD
| $4.01M | 0.01% |
52,222
+48,152
| +1,183% | +$3.3M |
|
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.