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 | |
|---|---|---|---|---|---|---|
|
SFS
1526
DELISTED
Smart & Final Stores, Inc.
SFS
| $3.17M | 0.01% |
195,579
-68,133
| -26% | -$1.1M |
|
1527
NewMarket
NEU
$8.18B
| $3.16M | 0.01% |
7,984
+4,164
| +109% | +$1.53M |
|
|
VTAE
1528
DELISTED
VITAE PHARMACEUTICALS INC COMMON STOCK
VTAE
| $3.16M | 0.01% |
476,918
-396,518
| -45% | -$3.61M |
|
|
TSRO
1529
DELISTED
TESARO, Inc.
TSRO
| $3.16M | 0.01% |
71,767
-328,184
| -82% | -$13.2M |
|
1530
Douglas Dynamics
PLOW
$1.02B
| $3.14M | 0.01% |
137,153
+78,770
| +135% | +$1.58M |
|
|
AAWW
1531
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $3.14M | 0.01% |
74,321
-52,457
| -41% | -$1.96M |
|
1532
Teleflex
TFX
$5.98B
| $3.14M | 0.01% |
19,993
+18,286
| +1,071% | +$2.55M |
|
|
AMFW
1533
DELISTED
AMEC Foster Wheeler plc
AMFW
| $3.13M | 0.01% |
489,751
+469,628
| +2,334% | +$2.8M |
|
|
FUR
1534
DELISTED
WINTHROP REALTY TRUST SHS BENE INT (NEW)
FUR
| $3.12M | 0.01% |
237,843
+107,285
| +82% | +$1.39M |
|
1535
Vanguard Morningstar Total Stock Market ETF
VTI
$691B
| $3.12M | 0.01% |
29,748
-41,290
| -58% | -$4.09M |
|
|
LFC
1536
DELISTED
China Life Insurance Company Ltd.
LFC
| $3.11M | 0.01% |
253,235
-78,160
| -24% | -$943K |
|
1537
Sanmina
SANM
$10.9B
| $3.11M | 0.01% |
133,048
-64,398
| -33% | -$1.29M |
|
|
ZIXI
1538
DELISTED
Zix Corporation
ZIXI
| $3.11M | 0.01% |
791,729
+251,547
| +47% | +$1.05M |
|
|
CHK
1539
PUT
DELISTED
Chesapeake Energy Corporation
CHK
| $3.11M | 0.01% |
3,771
-9,846
| -72% | -$6.97M |
|
1540
Moelis & Co
MC
$4.94B
| $3.11M | 0.01% |
110,028
+26,646
| +32% | +$683K |
|
|
AFAM
1541
DELISTED
Almost Family Inc
AFAM
| $3.1M | 0.01% |
83,263
-40,273
| -33% | -$1.5M |
|
1542
Booz Allen Hamilton
BAH
$9.15B
| $3.1M | 0.01% |
102,285
-522,885
| -84% | -$14.9M |
|
1543
Northwest Natural Holdings
NWN
$2.12B
| $3.09M | 0.01% |
57,414
+46,358
| +419% | +$2.39M |
|
|
KKD
1544
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $3.09M | 0.01% |
198,348
-292,753
| -60% | -$4.25M |
|
1545
CALL
Broadcom
AVGO
$2.04T
| $3.09M | 0.01% |
+200,000
| New | +$2.7M |
|
|
GRUB
1546
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $3.09M | 0.01% |
61,487
-23,161
| -27% | -$1.02M |
|
|
AGU
1547
CALL
DELISTED
Agrium
AGU
| $3.09M | 0.01% |
+35,000
| New | +$3.02M |
|
|
ACHN
1548
CALL
DELISTED
Achillion Pharmaceuticals
ACHN
| $3.09M | 0.01% |
400,000
+200,000
| +100% | +$1.46M |
|
|
NILE
1549
DELISTED
Blue Nile, Inc.
NILE
| $3.07M | 0.01% |
119,237
+75,359
| +172% | +$2.21M |
|
1550
Veeva Systems
VEEV
$37.4B
| $3.06M | 0.01% |
122,236
+29,214
| +31% | +$716K |
|
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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.