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 | |
|---|---|---|---|---|---|---|
1876
iShare MSCI Eurozone ETF
EZU
$9.88B
| $1.69M | ﹤0.01% |
+49,127
| New | +$1.62M |
|
|
CVA
1877
CALL
DELISTED
Covanta Holding Corporation
CVA
| $1.69M | ﹤0.01% |
+100,000
| New | +$1.48M |
|
1878
Fabrinet
FN
$18.9B
| $1.69M | ﹤0.01% |
52,072
-105,940
| -67% | -$2.85M |
|
|
ASRT
1879
DELISTED
Assertio
ASRT
| $1.68M | ﹤0.01% |
2,012
-2,199
| -52% | -$2.04M |
|
1880
Assembly Biosciences
ASMB
$530M
| $1.68M | ﹤0.01% |
27,894
-1,578
| -5% | -$106K |
|
1881
PUT
RH
RH
$3.47B
| $1.68M | ﹤0.01% |
+40,000
| New | +$2.05M |
|
|
AJRD
1882
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $1.67M | ﹤0.01% |
102,009
-339,683
| -77% | -$5.31M |
|
|
KMG
1883
DELISTED
KMG Chemicals Inc
KMG
| $1.67M | ﹤0.01% |
72,366
-26,260
| -27% | -$574K |
|
1884
Dr. Reddy's Laboratories
RDY
$10.1B
| $1.66M | ﹤0.01% |
184,095
-788,510
| -81% | -$7.05M |
|
|
X
1885
DELISTED
US Steel
X
| $1.66M | ﹤0.01% |
103,497
+47,193
| +84% | +$470K |
|
|
ESIO
1886
DELISTED
Electro Scientific Industries
ESIO
| $1.66M | ﹤0.01% |
232,355
+192,938
| +489% | +$1.25M |
|
1887
Horace Mann Educators
HMN
$2.13B
| $1.66M | ﹤0.01% |
52,376
+34,510
| +193% | +$1.06M |
|
1888
CALL
Boise Cascade
BCC
$2.96B
| $1.66M | ﹤0.01% |
80,000
-20,000
| -20% | -$377K |
|
1889
State Street SPDR S&P Regional Banking ETF
KRE
$4.56B
| $1.66M | ﹤0.01% |
44,043
+32,832
| +293% | +$1.21M |
|
1890
EXL Service
EXLS
$5.32B
| $1.66M | ﹤0.01% |
159,910
-616,135
| -79% | -$5.66M |
|
1891
Virtu Financial
VIRT
$4.92B
| $1.65M | ﹤0.01% |
74,811
+40,280
| +117% | +$892K |
|
|
HTLF
1892
DELISTED
Heartland Financial USA, Inc.
HTLF
| $1.65M | ﹤0.01% |
53,712
-35,205
| -40% | -$1.05M |
|
|
BV
1893
DELISTED
Bazaarvoice, Inc.
BV
| $1.65M | ﹤0.01% |
524,059
+131,538
| +34% | +$446K |
|
|
SODA
1894
DELISTED
SodaStream International Ltd
SODA
| $1.65M | ﹤0.01% |
+116,923
| New | +$1.63M |
|
1895
Invesco Dorsey Wright Healthcare Momentum ETF
PTH
$247M
| $1.65M | ﹤0.01% |
+114,000
| New | +$1.65M |
|
|
CGI
1896
DELISTED
Celadon Group Inc
CGI
| $1.64M | ﹤0.01% |
156,833
-218,403
| -58% | -$1.97M |
|
1897
Realty Income
O
$58.6B
| $1.64M | ﹤0.01% |
+27,034
| New | +$1.5M |
|
|
CLD
1898
DELISTED
Cloud Peak Energy Inc
CLD
| $1.64M | ﹤0.01% |
840,069
+584,756
| +229% | +$1M |
|
|
HI
1899
DELISTED
Hillenbrand
HI
| $1.63M | ﹤0.01% |
54,514
-188,958
| -78% | -$5.21M |
|
1900
National CineMedia
NCMI
$370M
| $1.63M | ﹤0.01% |
10,718
-24,807
| -70% | -$3.71M |
|
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.