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 | |
|---|---|---|---|---|---|---|
|
CCC
1651
DELISTED
Calgon Carbon Corp
CCC
| $2.56M | 0.01% |
182,274
+170,856
| +1,496% | +$2.6M |
|
|
POT
1652
CALL
DELISTED
Potash Corp Of Saskatchewan
POT
| $2.55M | 0.01% |
+150,000
| New | +$2.52M |
|
1653
Sonic Automotive
SAH
$2.61B
| $2.54M | 0.01% |
137,529
-232,123
| -63% | -$4.25M |
|
|
MZTI
1654
The Marzetti Company
MZTI
$3.11B
| $2.53M | 0.01% |
22,914
-15,245
| -40% | -$1.63M |
|
1655
Barnes & Noble Education
BNED
$443M
| $2.53M | 0.01% |
2,577
+531
| +26% | +$532K |
|
|
PFPT
1656
DELISTED
Proofpoint, Inc.
PFPT
| $2.52M | 0.01% |
46,802
-63,106
| -57% | -$3.22M |
|
1657
LXP Industrial Trust
LXP
$3.57B
| $2.51M | 0.01% |
58,430
-158,244
| -73% | -$6.09M |
|
1658
S&T Bancorp
STBA
$1.79B
| $2.5M | 0.01% |
+96,967
| New | +$2.54M |
|
|
CAJ
1659
DELISTED
Canon, Inc.
CAJ
| $2.49M | 0.01% |
+83,490
| New | +$2.4M |
|
1660
KKR & Co
KKR
$92.3B
| $2.48M | 0.01% |
168,944
-10,105
| -6% | -$138K |
|
|
AMAG
1661
DELISTED
AMAG Pharmaceuticals
AMAG
| $2.48M | 0.01% |
105,964
-1,234,273
| -92% | -$29.3M |
|
1662
CALL
PVH
PVH
$4.04B
| $2.48M | 0.01% |
+25,000
| New | +$1.97M |
|
1663
PUT
Target
TGT
$68B
| $2.47M | 0.01% |
+30,000
| New | +$2.27M |
|
1664
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.6B
| $2.46M | 0.01% |
+100,000
| New | +$2.32M |
|
1665
iShares Core US Aggregate Bond ETF
AGG
$138B
| $2.45M | 0.01% |
22,098
+4,262
| +24% | +$466K |
|
1666
Marcus Corp
MCS
$945M
| $2.44M | 0.01% |
128,521
+43,311
| +51% | +$810K |
|
1667
Signet Jewelers
SIG
$3.76B
| $2.43M | 0.01% |
19,614
+16,224
| +479% | +$1.85M |
|
|
TVRD
1668
Tvardi Therapeutics
TVRD
$23.4M
| $2.43M | 0.01% |
10,862
-10,840
| -50% | -$3.24M |
|
|
ENT
1669
DELISTED
Global Eagle Entertainment Inc.
ENT
| $2.43M | 0.01% |
11,389
+10,437
| +1,096% | +$2.44M |
|
|
CALY
1670
Callaway Golf Company
CALY
$3.14B
| $2.42M | 0.01% |
265,631
-399,813
| -60% | -$3.5M |
|
1671
PC Connection
CNXN
$2.12B
| $2.42M | 0.01% |
93,827
+31,093
| +50% | +$710K |
|
|
ECOM
1672
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $2.42M | 0.01% |
214,936
-167,970
| -44% | -$1.95M |
|
|
EXK
1673
Endeavour Silver
EXK
$2.83B
| $2.4M | 0.01% |
975,061
+775,584
| +389% | +$1.36M |
|
1674
Civeo
CVEO
$318M
| $2.39M | 0.01% |
161,973
-98,883
| -38% | -$1.31M |
|
1675
First Trust Utilities AlphaDEX Fund
FXU
$825M
| $2.39M | 0.01% |
92,028
+67,061
| +269% | +$1.58M |
|
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.