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 | |
|---|---|---|---|---|---|---|
|
TGI
1926
CALL
DELISTED
Triumph Group
TGI
| $1.57M | ﹤0.01% |
+50,000
| New | +$1.52M |
|
1927
DHT Holdings
DHT
$2.95B
| $1.57M | ﹤0.01% |
273,113
-320,807
| -54% | -$1.91M |
|
|
DVAX
1928
DELISTED
Dynavax Technologies
DVAX
| $1.57M | ﹤0.01% |
81,771
-112,165
| -58% | -$2.27M |
|
1929
CALL
Kraft Heinz
KHC
$29.6B
| $1.57M | ﹤0.01% |
20,000
| – | – |
|
|
AHL
1930
DELISTED
ASPEN Insurance Holding Limited
AHL
| $1.57M | ﹤0.01% |
32,856
-168,239
| -84% | -$7.68M |
|
1931
Avnet
AVT
$7.99B
| $1.56M | ﹤0.01% |
35,252
-273,704
| -89% | -$11.2M |
|
1932
Chegg
CHGG
$94.8M
| $1.56M | ﹤0.01% |
350,184
+339,129
| +3,068% | +$1.72M |
|
|
OCRX
1933
DELISTED
Ocera Therapeutics, Inc.
OCRX
| $1.56M | ﹤0.01% |
531,131
-2,663
| -0.5% | -$7.6K |
|
|
KNL
1934
DELISTED
Knoll, Inc.
KNL
| $1.54M | ﹤0.01% |
71,366
+11,249
| +19% | +$211K |
|
1935
PUT
Deere & Co
DE
$164B
| $1.54M | ﹤0.01% |
+20,000
| New | +$1.57M |
|
|
NGD
1936
DELISTED
New Gold Inc
NGD
| $1.54M | ﹤0.01% |
412,763
+57,477
| +16% | +$171K |
|
1937
CALL
American Express
AXP
$229B
| $1.53M | ﹤0.01% |
+25,000
| New | +$1.45M |
|
1938
Safety Insurance
SAFT
$1.52B
| $1.53M | ﹤0.01% |
+26,847
| New | +$1.5M |
|
1939
Standard Motor Products
SMP
$885M
| $1.53M | ﹤0.01% |
44,037
-132,509
| -75% | -$4.57M |
|
|
COHR
1940
DELISTED
Coherent Inc
COHR
| $1.53M | ﹤0.01% |
16,602
-82,162
| -83% | -$6.33M |
|
1941
iShares MSCI Europe Financials ETF
EUFN
$4.29B
| $1.52M | ﹤0.01% |
+85,099
| New | +$1.52M |
|
|
CHS
1942
DELISTED
Chicos FAS, Inc.
CHS
| $1.52M | ﹤0.01% |
114,779
-1,181,665
| -91% | -$13.4M |
|
1943
Axcelis
ACLS
$4.1B
| $1.52M | ﹤0.01% |
135,897
+90,811
| +201% | +$928K |
|
|
CSR
1944
Centerspace
CSR
$926M
| $1.52M | ﹤0.01% |
20,956
+9,264
| +79% | +$608K |
|
1945
WIX.com
WIX
$2.61B
| $1.51M | ﹤0.01% |
74,755
+13,239
| +22% | +$265K |
|
|
CATM
1946
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $1.51M | ﹤0.01% |
42,035
+19,375
| +86% | +$633K |
|
1947
iShares US Real Estate ETF
IYR
$4.52B
| $1.51M | ﹤0.01% |
19,343
-36,791
| -66% | -$2.67M |
|
|
CSOD
1948
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $1.51M | ﹤0.01% |
45,959
-66,452
| -59% | -$2M |
|
1949
CALL
Ericsson
ERIC
$32.7B
| $1.5M | ﹤0.01% |
+150,000
| New | +$1.38M |
|
1950
Powell Industries
POWL
$7.55B
| $1.5M | ﹤0.01% |
150,690
+11,256
| +8% | +$99.4K |
|
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.