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 | |
|---|---|---|---|---|---|---|
1401
Perrigo
PRGO
$1.78B
| $3.85M | 0.01% |
30,100
+24,900
| +479% | +$3.41M |
|
|
UNIT
1402
Uniti Group
UNIT
$2.32B
| $3.85M | 0.01% |
172,988
-997,117
| -85% | -$19.3M |
|
1403
Grupo Aeroportuario Centro Norte
OMAB
$5.33B
| $3.84M | 0.01% |
84,285
+9,587
| +13% | +$369K |
|
|
MAGN
1404
Magnera Corp
MAGN
$460M
| $3.84M | 0.01% |
14,260
+9,888
| +226% | +$2.24M |
|
1405
Vanguard Extended Market ETF
VXF
$31.9B
| $3.83M | 0.01% |
46,218
-66,583
| -59% | -$5.15M |
|
|
BUFF
1406
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $3.82M | 0.01% |
148,697
+115,158
| +343% | +$2.21M |
|
1407
FTI Consulting
FCN
$4.18B
| $3.81M | 0.01% |
107,411
+90,384
| +531% | +$3.03M |
|
1408
Eversource Energy
ES
$27.2B
| $3.81M | 0.01% |
65,300
-1,474,292
| -96% | -$80.4M |
|
1409
Matrix Service
MTRX
$335M
| $3.81M | 0.01% |
215,177
-5,445
| -2% | -$98.3K |
|
1410
Braskem
BAK
$913M
| $3.8M | 0.01% |
294,360
+147,603
| +101% | +$1.89M |
|
1411
PUT
Heron Therapeutics
HRTX
$92.9M
| $3.8M | 0.01% |
+200,000
| New | +$3.95M |
|
1412
AXIS Capital
AXS
$7.55B
| $3.79M | 0.01% |
68,338
-42,784
| -39% | -$2.31M |
|
1413
iShares 20+ Year Treasury Bond ETF
TLT
$40.9B
| $3.78M | 0.01% |
28,926
-33,823
| -54% | -$4.33M |
|
1414
Methanex
MEOH
$4.12B
| $3.78M | 0.01% |
+117,579
| New | +$3.5M |
|
1415
CALL
Golar LNG
GLNG
$5.13B
| $3.77M | 0.01% |
+210,000
| New | +$3.58M |
|
1416
Pinnacle Financial Partners Inc
PNFP
$15.8B
| $3.77M | 0.01% |
76,788
+65,537
| +582% | +$3.13M |
|
1417
Plains GP Holdings
PAGP
$4.9B
| $3.77M | 0.01% |
162,724
-74,563
| -31% | -$1.53M |
|
|
HAPN
1418
Happen Inc
HAPN
$2.24B
| $3.76M | 0.01% |
90,526
-28,709
| -24% | -$1.21M |
|
1419
CALL
Bio-Rad Laboratories Class A
BIO
$9.42B
| $3.75M | 0.01% |
+27,400
| New | +$3.6M |
|
|
TTPH
1420
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $3.74M | 0.01% |
40,436
+1,247
| +3% | +$125K |
|
|
XYZ
1421
Block Inc
XYZ
$47.5B
| $3.73M | 0.01% |
244,268
+135,268
| +124% | +$1.46M |
|
1422
Tennant Co
TNC
$1.26B
| $3.72M | 0.01% |
72,333
-2,840
| -4% | -$147K |
|
|
BCOV
1423
DELISTED
Brightcove, Inc.
BCOV
| $3.72M | 0.01% |
595,927
-30,333
| -5% | -$176K |
|
|
PBPB
1424
DELISTED
Potbelly
PBPB
| $3.7M | 0.01% |
271,940
+249,880
| +1,133% | +$3M |
|
1425
Fossil Group
FOSL
$318M
| $3.69M | 0.01% |
83,122
-75,013
| -47% | -$2.96M |
|
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.