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 | |
|---|---|---|---|---|---|---|
|
PRMW
2026
DELISTED
Primo Water Corporation
PRMW
| $1.32M | ﹤0.01% |
95,364
-812,827
| -89% | -$9.24M |
|
|
TACO
2027
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $1.32M | ﹤0.01% |
127,949
-399,878
| -76% | -$4.04M |
|
|
SGBK
2028
DELISTED
Stonegate Bank
SGBK
| $1.32M | ﹤0.01% |
43,998
-18,076
| -29% | -$540K |
|
2029
Colliers International
CIGI
$5.11B
| $1.32M | ﹤0.01% |
34,797
+25,145
| +261% | +$925K |
|
2030
C.H. Robinson
CHRW
$17.3B
| $1.31M | ﹤0.01% |
17,716
-436,723
| -96% | -$30M |
|
2031
Ironwood Pharmaceuticals
IRWD
$669M
| $1.31M | ﹤0.01% |
143,245
-206,014
| -59% | -$1.7M |
|
2032
Thermo Fisher Scientific
TMO
$222B
| $1.31M | ﹤0.01% |
9,244
+4,861
| +111% | +$651K |
|
2033
ATI
ATI
$31.1B
| $1.31M | ﹤0.01% |
80,184
+47,186
| +143% | +$575K |
|
2034
Green Plains
GPRE
$1.06B
| $1.3M | ﹤0.01% |
81,708
-11,138
| -12% | -$179K |
|
2035
Ennis
EBF
$558M
| $1.3M | ﹤0.01% |
66,619
-47,735
| -42% | -$930K |
|
2036
PUT
BHP
BHP
$230B
| $1.29M | ﹤0.01% |
+56,050
| New | +$1.19M |
|
|
RGLS
2037
DELISTED
Regulus Therapeutics
RGLS
| $1.29M | ﹤0.01% |
1,556
+1,111
| +250% | +$884K |
|
2038
World Kinect Corp
WKC
$1.89B
| $1.29M | ﹤0.01% |
26,545
-163,795
| -86% | -$7.03M |
|
2039
Metallus
MTUS
$900M
| $1.29M | ﹤0.01% |
141,779
+113,212
| +396% | +$828K |
|
2040
PUT
Graphic Packaging
GPK
$3.53B
| $1.28M | ﹤0.01% |
+100,000
| New | +$1.22M |
|
2041
PUT
Harley-Davidson
HOG
$2.72B
| $1.28M | ﹤0.01% |
+25,000
| New | +$1.09M |
|
|
MJN
2042
PUT
DELISTED
Mead Johnson Nutrition Company
MJN
| $1.27M | ﹤0.01% |
+15,000
| New | +$1.12M |
|
|
DCOM
2043
DELISTED
Dime Community Bancshares
DCOM
| $1.27M | ﹤0.01% |
72,363
-222,933
| -75% | -$3.77M |
|
|
ACRE
2044
Ares Commercial Real Estate
ACRE
$256M
| $1.27M | ﹤0.01% |
116,337
-107,037
| -48% | -$1.11M |
|
2045
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.62B
| $1.27M | ﹤0.01% |
10,467
-238,903
| -96% | -$25.9M |
|
2046
CBIZ
CBZ
$2.95B
| $1.27M | ﹤0.01% |
125,889
+16,773
| +15% | +$170K |
|
2047
PUT
Pilgrim's Pride
PPC
$6.31B
| $1.27M | ﹤0.01% |
+50,000
| New | +$1.16M |
|
|
YELL
2048
DELISTED
Yellow Corporation Common Stock
YELL
| $1.27M | ﹤0.01% |
136,174
-351,174
| -72% | -$3.33M |
|
2049
Fluor
FLR
$7.3B
| $1.27M | ﹤0.01% |
+23,614
| New | +$1.11M |
|
2050
Invesco Mortgage Capital
IVR
$795M
| $1.27M | ﹤0.01% |
10,401
-7,401
| -42% | -$855K |
|
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.