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 | |
|---|---|---|---|---|---|---|
1476
Extreme Networks
EXTR
$3.15B
| $3.38M | 0.01% |
1,086,429
+440,301
| +68% | +$1.35M |
|
1477
CALL
iShares China Large-Cap ETF
FXI
$4.31B
| $3.38M | 0.01% |
+100,000
| New | +$3.14M |
|
|
LMOS
1478
DELISTED
Lumos Networks Corp
LMOS
| $3.38M | 0.01% |
262,839
-156,577
| -37% | -$1.84M |
|
|
REV
1479
DELISTED
Revlon, Inc.
REV
| $3.37M | 0.01% |
+92,443
| New | +$2.9M |
|
|
NSA
1480
DELISTED
National Storage Affiliates Trust
NSA
| $3.36M | 0.01% |
+158,556
| New | +$2.84M |
|
|
XHR
1481
Xenia Hotels & Resorts
XHR
$1.79B
| $3.35M | 0.01% |
214,485
+146,901
| +217% | +$2.17M |
|
|
VEDL
1482
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $3.34M | 0.01% |
607,529
+584,182
| +2,502% | +$2.72M |
|
1483
Banco Santander Chile
BSAC
$16.6B
| $3.33M | 0.01% |
+172,211
| New | +$3.04M |
|
|
CLNY
1484
DELISTED
Colony Capital, Inc.
CLNY
| $3.33M | 0.01% |
198,678
-180,616
| -48% | -$3.03M |
|
1485
Insulet
PODD
$9.79B
| $3.33M | 0.01% |
100,445
-252,827
| -72% | -$7.94M |
|
1486
Simpson Manufacturing
SSD
$8.16B
| $3.33M | 0.01% |
87,276
-80,708
| -48% | -$2.73M |
|
|
BRKL
1487
DELISTED
Brookline Bancorp
BRKL
| $3.33M | 0.01% |
302,440
-97,141
| -24% | -$1.05M |
|
1488
Agree Realty
ADC
$9.41B
| $3.33M | 0.01% |
86,427
-116,947
| -58% | -$4.25M |
|
1489
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.31B
| $3.32M | 0.01% |
+32,333
| New | +$3.22M |
|
1490
Deluxe
DLX
$1.15B
| $3.32M | 0.01% |
53,098
-93,003
| -64% | -$5.18M |
|
1491
Minerals Technologies
MTX
$2.34B
| $3.32M | 0.01% |
58,358
-144,213
| -71% | -$6.73M |
|
|
ELME
1492
Elme Communities
ELME
$144M
| $3.32M | 0.01% |
+113,538
| New | +$2.99M |
|
1493
Great Southern Bancorp
GSBC
$878M
| $3.31M | 0.01% |
89,221
+67,829
| +317% | +$2.63M |
|
1494
GSI Technology
GSIT
$258M
| $3.31M | 0.01% |
807,132
+334
| +0% | +$1.24K |
|
1495
BancFirst
BANF
$3.8B
| $3.31M | 0.01% |
116,008
-108,746
| -48% | -$3.05M |
|
1496
LeMaitre Vascular
LMAT
$1.86B
| $3.3M | 0.01% |
212,584
+94,336
| +80% | +$1.35M |
|
1497
PUT
Cummins
CMI
$88.7B
| $3.3M | 0.01% |
30,000
-70,000
| -70% | -$6.77M |
|
1498
Arbutus Biopharma
ABUS
$915M
| $3.29M | 0.01% |
797,740
-406,705
| -34% | -$1.45M |
|
1499
OraSure Technologies
OSUR
$279M
| $3.29M | 0.01% |
455,781
-487,539
| -52% | -$3.1M |
|
|
HSNI
1500
DELISTED
HSN, Inc.
HSNI
| $3.28M | 0.01% |
62,748
-26,325
| -30% | -$1.31M |
|
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.