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 | |
|---|---|---|---|---|---|---|
1551
iShares MSCI USA Min Vol Factor ETF
USMV
$24.4B
| $3.05M | 0.01% |
69,500
+53,938
| +347% | +$2.24M |
|
1552
Omnicell
OMCL
$1.68B
| $3.05M | 0.01% |
109,416
+99,367
| +989% | +$2.73M |
|
|
ERF
1553
DELISTED
Enerplus Corporation
ERF
| $3.05M | 0.01% |
775,322
-143,385
| -16% | -$445K |
|
|
FRGI
1554
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $3.04M | 0.01% |
92,798
-81,521
| -47% | -$2.87M |
|
1555
Cboe Global Markets
CBOE
$29.9B
| $3.04M | 0.01% |
46,492
-91,883
| -66% | -$5.86M |
|
1556
Qorvo
QRVO
$8.74B
| $3.03M | 0.01% |
60,157
-603,402
| -91% | -$26.3M |
|
|
BFS
1557
Saul Centers
BFS
$841M
| $3.02M | 0.01% |
57,060
+26,821
| +89% | +$1.35M |
|
1558
Coca-Cola Consolidated
COKE
$12.8B
| $3.02M | 0.01% |
189,320
-143,920
| -43% | -$2.45M |
|
1559
SK Telecom
SKM
$13.2B
| $3.02M | 0.01% |
90,935
+52,474
| +136% | +$1.7M |
|
|
BITA
1560
DELISTED
Bitauto Holdings Limited
BITA
| $3M | 0.01% |
121,070
+51,519
| +74% | +$1.13M |
|
|
KATE
1561
DELISTED
Kate Spade & Company
KATE
| $2.99M | 0.01% |
117,317
-59,903
| -34% | -$1.18M |
|
|
ALE
1562
DELISTED
Allete
ALE
| $2.99M | 0.01% |
+53,358
| New | +$2.84M |
|
|
QEP
1563
CALL
DELISTED
QEP RESOURCES, INC.
QEP
| $2.99M | 0.01% |
211,600
-843,700
| -80% | -$9.76M |
|
1564
MasTec
MTZ
$21.9B
| $2.98M | 0.01% |
+147,058
| New | +$2.41M |
|
1565
Corpay
CPAY
$25.7B
| $2.97M | 0.01% |
19,980
+5,750
| +40% | +$747K |
|
|
RUTH
1566
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $2.97M | 0.01% |
161,260
+83,225
| +107% | +$1.39M |
|
1567
NorthWestern Energy
NWE
$4.43B
| $2.96M | 0.01% |
+48,013
| New | +$2.77M |
|
1568
Cousins Properties
CUZ
$4.88B
| $2.96M | 0.01% |
101,046
-456,158
| -82% | -$11.6M |
|
1569
Banc of California
BANC
$2.97B
| $2.96M | 0.01% |
169,075
+58,038
| +52% | +$876K |
|
1570
Chubb
CB
$135B
| $2.95M | 0.01% |
+24,775
| New | +$2.85M |
|
|
ESND
1571
DELISTED
Essendant Inc.
ESND
| $2.95M | 0.01% |
92,445
+85,955
| +1,324% | +$2.53M |
|
|
WWE
1572
PUT
DELISTED
World Wrestling Entertainment
WWE
| $2.95M | 0.01% |
167,100
-142,900
| -46% | -$2.43M |
|
1573
ACI Worldwide
ACIW
$5.42B
| $2.95M | 0.01% |
141,714
-40,555
| -22% | -$763K |
|
1574
AMERISAFE
AMSF
$540M
| $2.94M | 0.01% |
55,982
+39,841
| +247% | +$2.01M |
|
1575
Adeia
ADEA
$3.11B
| $2.94M | 0.01% |
357,989
-793,528
| -69% | -$6.05M |
|
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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.