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 | |
|---|---|---|---|---|---|---|
|
WCC
1576
WESCO International
WCC
$17.7B
| $2.91M | 0.01% |
53,169
-222,010
| -81% | -$9.87M |
|
1577
CALL
Bausch Health
BHC
$2.34B
| $2.91M | 0.01% |
+110,500
| New | +$8.17M |
|
1578
Cabot Corp
CBT
$4.52B
| $2.9M | 0.01% |
59,894
-187,770
| -76% | -$8.08M |
|
|
QLIK
1579
CALL
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $2.89M | 0.01% |
+100,000
| New | +$2.5M |
|
1580
Vanguard Total Bond Market
BND
$161B
| $2.88M | 0.01% |
34,843
+13,063
| +60% | +$1.07M |
|
1581
Universal Insurance Holdings
UVE
$1.23B
| $2.88M | 0.01% |
161,808
-613,463
| -79% | -$11.4M |
|
1582
Chemed
CHE
$7.22B
| $2.88M | 0.01% |
+21,232
| New | +$2.87M |
|
|
CNL
1583
CALL
DELISTED
CLECO CRP (HOLDING CO)
CNL
| $2.88M | 0.01% |
+52,100
| New | +$2.65M |
|
|
ISCA
1584
DELISTED
International Speedway Corp
ISCA
| $2.87M | 0.01% |
77,735
+29,835
| +62% | +$1.02M |
|
1585
Cleveland-Cliffs
CLF
$6.99B
| $2.87M | 0.01% |
955,000
+682,289
| +250% | +$1.43M |
|
|
WIRE
1586
DELISTED
Encore Wire Corp
WIRE
| $2.86M | 0.01% |
73,546
+57,706
| +364% | +$2.09M |
|
|
TRST
1587
Trustco Bank Corp NY
TRST
$938M
| $2.86M | 0.01% |
94,296
+10,541
| +13% | +$302K |
|
|
SQI
1588
DELISTED
SCIQUEST, INC. COMMON STOCK
SQI
| $2.85M | 0.01% |
205,714
-46,412
| -18% | -$585K |
|
1589
Clearwater Paper
CLW
$376M
| $2.85M | 0.01% |
58,699
-136,423
| -70% | -$5.69M |
|
1590
RH
RH
$3.71B
| $2.85M | 0.01% |
+67,947
| New | +$3.47M |
|
1591
Rollins
ROL
$18.2B
| $2.85M | 0.01% |
236,016
+183,388
| +348% | +$2.18M |
|
1592
Merit Medical Systems
MMSI
$5.32B
| $2.84M | 0.01% |
153,657
-30,159
| -16% | -$523K |
|
1593
Benchmark Electronics
BHE
$2.96B
| $2.83M | 0.01% |
122,767
-4,181
| -3% | -$88.3K |
|
|
CYNA
1594
DELISTED
CYNAPSUS THERAPEUTICS INC COM PAR NO PAR (CANADA)
CYNA
| $2.83M | 0.01% |
237,376
-24,326
| -9% | -$326K |
|
1595
State Street SPDR S&P Bank ETF
KBE
$1.71B
| $2.82M | 0.01% |
+92,882
| New | +$2.75M |
|
1596
Fresenius Medical Care
FMS
$12.9B
| $2.81M | 0.01% |
+63,644
| New | +$2.69M |
|
1597
Mine Safety
MSA
$7.49B
| $2.8M | 0.01% |
57,913
-34,991
| -38% | -$1.51M |
|
|
VSA
1598
VisionSys AI
VSA
$10.6M
| $2.8M | 0.01% |
104
+29
| +39% | +$708K |
|
|
ITG
1599
DELISTED
Investment Technology Group Inc
ITG
| $2.8M | 0.01% |
126,594
-161,100
| -56% | -$2.95M |
|
1600
PUT
DuPont de Nemours
DD
$19.2B
| $2.8M | 0.01% |
+21,718
| New | +$2.6M |
|
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.