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 | |
|---|---|---|---|---|---|---|
|
ORIT
1851
DELISTED
Oritani Financial Corp. New
ORIT
| $1.75M | ﹤0.01% |
103,140
-41,874
| -29% | -$684K |
|
|
TGI
1852
DELISTED
Triumph Group
TGI
| $1.75M | ﹤0.01% |
55,557
-282,182
| -84% | -$8.57M |
|
|
PFSW
1853
DELISTED
PFSweb, Inc.
PFSW
| $1.75M | ﹤0.01% |
133,232
+114,505
| +611% | +$1.42M |
|
1854
Ubiquiti
UI
$34.6B
| $1.75M | ﹤0.01% |
52,443
+33,091
| +171% | +$1.03M |
|
1855
Veracyte
VCYT
$3.72B
| $1.75M | ﹤0.01% |
323,192
-143,638
| -31% | -$849K |
|
|
FPO
1856
DELISTED
First Potomac Realty Trust
FPO
| $1.74M | ﹤0.01% |
+192,465
| New | +$1.77M |
|
1857
ONE Gas
OGS
$4.98B
| $1.74M | ﹤0.01% |
+28,534
| New | +$1.61M |
|
1858
Digi International
DGII
$3.17B
| $1.74M | ﹤0.01% |
184,699
-186,791
| -50% | -$1.7M |
|
1859
Independent Bank
INDB
$3.95B
| $1.74M | ﹤0.01% |
37,795
+2,684
| +8% | +$120K |
|
|
LNKD
1860
DELISTED
LinkedIn Corporation
LNKD
| $1.74M | ﹤0.01% |
15,172
-183,394
| -92% | -$26.9M |
|
1861
Caesarstone
CSTE
$86.4M
| $1.73M | ﹤0.01% |
+50,423
| New | +$1.8M |
|
|
STR
1862
DELISTED
QUESTAR CORP
STR
| $1.73M | ﹤0.01% |
69,767
+38,011
| +120% | +$878K |
|
|
DRII
1863
DELISTED
DIAMOND RESORTS INTL, INC
DRII
| $1.73M | ﹤0.01% |
71,149
-153,050
| -68% | -$3.27M |
|
|
DENN
1864
DELISTED
Denny's
DENN
| $1.72M | ﹤0.01% |
166,102
-219,041
| -57% | -$2.13M |
|
1865
Erie Indemnity
ERIE
$13.1B
| $1.72M | ﹤0.01% |
+18,501
| New | +$1.74M |
|
|
CVT
1866
DELISTED
CVENT, INC.
CVT
| $1.72M | ﹤0.01% |
+80,343
| New | +$1.9M |
|
|
DBVT
1867
DBV Technologies
DBVT
$891M
| $1.71M | ﹤0.01% |
5,264
+2,125
| +68% | +$596K |
|
|
WSR
1868
DELISTED
Whitestone REIT
WSR
| $1.71M | ﹤0.01% |
135,766
-49,552
| -27% | -$556K |
|
|
HSII
1869
DELISTED
Heidrick & Struggles
HSII
| $1.71M | ﹤0.01% |
71,991
-128,820
| -64% | -$3.12M |
|
|
MOBL
1870
DELISTED
MobileIron, Inc.
MOBL
| $1.7M | ﹤0.01% |
376,138
+51,597
| +16% | +$193K |
|
|
AUO
1871
DELISTED
AU Optronics Corp
AUO
| $1.7M | ﹤0.01% |
575,862
-329,141
| -36% | -$895K |
|
1872
FuelCell Energy
FCEL
$1.6B
| $1.7M | ﹤0.01% |
696
+124
| +22% | +$259K |
|
1873
AngioDynamics
ANGO
$648M
| $1.7M | ﹤0.01% |
137,951
-250,123
| -64% | -$2.76M |
|
|
APIC
1874
DELISTED
Apigee Corporation Common Stock
APIC
| $1.69M | ﹤0.01% |
203,613
+156,106
| +329% | +$1.16M |
|
|
SFR
1875
DELISTED
Starwood Waypoint Homes
SFR
| $1.69M | ﹤0.01% |
68,318
+6,661
| +11% | +$149K |
|
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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.