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 | |
|---|---|---|---|---|---|---|
1601
Acadia Realty Trust
AKR
$2.84B
| $2.79M | 0.01% |
79,481
-326,208
| -80% | -$10.8M |
|
|
RPT
1602
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $2.79M | 0.01% |
154,528
-111,863
| -42% | -$1.89M |
|
1603
IAMGOLD
IAG
$10.5B
| $2.79M | 0.01% |
+1,260,184
| New | +$2.45M |
|
|
ECYT
1604
DELISTED
Endocyte, Inc. Common Stock
ECYT
| $2.78M | 0.01% |
897,867
+9,425
| +1% | +$30.8K |
|
1605
O-I Glass
OI
$1.08B
| $2.78M | 0.01% |
174,328
+151
| +0.1% | +$2.16K |
|
|
ITCI
1606
PUT
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $2.78M | 0.01% |
100,000
-25,000
| -20% | -$833K |
|
|
EJ
1607
DELISTED
E HOUSE (CHINA) HOLDINGS LIMITED
EJ
| $2.77M | 0.01% |
446,201
-87,975
| -16% | -$520K |
|
1608
Halozyme
HALO
$12.2B
| $2.77M | 0.01% |
292,428
+216,988
| +288% | +$2.04M |
|
|
MASI
1609
DELISTED
Masimo
MASI
| $2.76M | 0.01% |
65,982
-107,054
| -62% | -$4.03M |
|
1610
Vanguard Morningstar Growth ETF
VUG
$230B
| $2.75M | 0.01% |
154,770
+138,318
| +841% | +$2.32M |
|
|
SHLX
1611
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $2.75M | 0.01% |
75,000
+45,000
| +150% | +$1.59M |
|
1612
Ormat Technologies
ORA
$6.65B
| $2.74M | 0.01% |
+66,496
| New | +$2.47M |
|
1613
Shutterstock
SSTK
$219M
| $2.73M | 0.01% |
74,299
-193,864
| -72% | -$6.27M |
|
1614
Avista
AVA
$3.24B
| $2.73M | 0.01% |
66,817
-1,024,123
| -94% | -$38.5M |
|
1615
Televisa
TV
$1.49B
| $2.72M | 0.01% |
99,146
-804,895
| -89% | -$21.1M |
|
1616
Herbalife
HLF
$1.29B
| $2.71M | 0.01% |
+88,210
| New | +$2.28M |
|
1617
John B. Sanfilippo & Son
JBSS
$972M
| $2.71M | 0.01% |
39,240
-39,967
| -50% | -$2.5M |
|
|
INVN
1618
DELISTED
Invensense Inc
INVN
| $2.71M | 0.01% |
322,589
-175,066
| -35% | -$1.39M |
|
1619
Insmed
INSM
$28.6B
| $2.7M | 0.01% |
213,238
+168,472
| +376% | +$2.21M |
|
|
ENLC
1620
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $2.7M | 0.01% |
240,136
+221,199
| +1,168% | +$2.38M |
|
1621
CALL
The Mosaic Company
MOS
$7.33B
| $2.7M | 0.01% |
100,000
+25,000
| +33% | +$653K |
|
1622
Assured Guaranty
AGO
$3.34B
| $2.7M | 0.01% |
106,695
+95,394
| +844% | +$2.35M |
|
1623
Anika Therapeutics
ANIK
$287M
| $2.7M | 0.01% |
60,353
-103,956
| -63% | -$4.22M |
|
1624
Reinsurance Group of America
RGA
$16.1B
| $2.69M | 0.01% |
27,964
+22,962
| +459% | +$2.02M |
|
1625
Standard BioTools
LAB
$314M
| $2.69M | 0.01% |
333,287
-277,761
| -45% | -$2M |
|
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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.