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 | |
|---|---|---|---|---|---|---|
2051
Liberty Latin America Class A
LILA
$1.67B
| $1.26M | ﹤0.01% |
56,328
-25,007
| -31% | -$558K |
|
2052
CNX Resources
CNX
$5.32B
| $1.26M | ﹤0.01% |
134,183
+61,956
| +86% | +$450K |
|
2053
3D Systems Corp
DDD
$611M
| $1.26M | ﹤0.01% |
81,607
-110,491
| -58% | -$1.14M |
|
|
VA
2054
DELISTED
Virgin America Inc.
VA
| $1.26M | ﹤0.01% |
+32,643
| New | +$1.02M |
|
2055
CRH
CRH
$66.9B
| $1.26M | ﹤0.01% |
+44,649
| New | +$1.18M |
|
|
TXNM
2056
TXNM Energy Inc
TXNM
$5.91B
| $1.26M | ﹤0.01% |
37,285
-554,393
| -94% | -$17.7M |
|
2057
CALL
CF Industries
CF
$18.4B
| $1.25M | ﹤0.01% |
+40,000
| New | +$1.31M |
|
2058
Stratasys
SSYS
$769M
| $1.25M | ﹤0.01% |
+48,316
| New | +$985K |
|
2059
United Fire Group
UFCS
$1.37B
| $1.25M | ﹤0.01% |
28,563
-17,916
| -39% | -$706K |
|
2060
PUT
American Eagle Outfitters
AEO
$3.07B
| $1.25M | ﹤0.01% |
+75,000
| New | +$1.13M |
|
2061
Piper Sandler
PIPR
$5.29B
| $1.25M | ﹤0.01% |
100,740
-153,104
| -60% | -$1.55M |
|
|
BID
2062
DELISTED
Sotheby's
BID
| $1.25M | ﹤0.01% |
+46,627
| New | +$1.12M |
|
|
USG
2063
CALL
DELISTED
Usg
USG
| $1.24M | ﹤0.01% |
+50,000
| New | +$1.04M |
|
|
USG
2064
PUT
DELISTED
Usg
USG
| $1.24M | ﹤0.01% |
+50,000
| New | +$1.04M |
|
|
PPP
2065
DELISTED
Primero Mining Corp
PPP
| $1.24M | ﹤0.01% |
685,686
+32,784
| +5% | +$63.7K |
|
|
VCRA
2066
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $1.24M | ﹤0.01% |
97,102
-103,276
| -52% | -$1.43M |
|
2067
iShares US Healthcare ETF
IYH
$3.77B
| $1.24M | ﹤0.01% |
43,925
+2,270
| +5% | +$62.8K |
|
2068
Northern Oil and Gas
NOG
$2.56B
| $1.23M | ﹤0.01% |
30,814
-9,635
| -24% | -$328K |
|
|
VTLE
2069
DELISTED
Vital Energy
VTLE
| $1.23M | ﹤0.01% |
+7,746
| New | +$1.05M |
|
2070
ProShares VIX Short-Term Futures ETF
VIXY
$197M
| $1.23M | ﹤0.01% |
66
+19
| +40% | +$474K |
|
|
EXAR
2071
DELISTED
Exar Corporation
EXAR
| $1.23M | ﹤0.01% |
+213,081
| New | +$1.15M |
|
2072
Pitney Bowes
PBI
$2.33B
| $1.22M | ﹤0.01% |
56,540
-164,817
| -74% | -$3.13M |
|
2073
Interface
TILE
$2.18B
| $1.22M | ﹤0.01% |
65,685
-23,622
| -26% | -$397K |
|
|
OB
2074
DELISTED
Onebeacon Insurance Group Ltd
OB
| $1.22M | ﹤0.01% |
95,466
-39,576
| -29% | -$505K |
|
2075
Dorian LPG
LPG
$1.9B
| $1.21M | ﹤0.01% |
+129,089
| New | +$1.33M |
|
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.