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 | |
|---|---|---|---|---|---|---|
2201
Tidewater
TDW
$4.48B
| $953K | ﹤0.01% |
+4,326
| New | +$856K |
|
|
SVU
2202
DELISTED
SUPERVALU Inc.
SVU
| $951K | ﹤0.01% |
23,583
-106,236
| -82% | -$3.78M |
|
|
CRCM
2203
DELISTED
CARE.COM, INC.
CRCM
| $948K | ﹤0.01% |
154,151
+139,340
| +941% | +$844K |
|
|
PSTB
2204
DELISTED
Park Sterling Corp.
PSTB
| $948K | ﹤0.01% |
142,128
+88,490
| +165% | +$593K |
|
2205
IDT Corp
IDT
$1.64B
| $945K | ﹤0.01% |
85,799
-212,323
| -71% | -$1.92M |
|
|
IPCC
2206
DELISTED
Infinity Property & Casualty C
IPCC
| $945K | ﹤0.01% |
11,738
-6,355
| -35% | -$497K |
|
|
CYS
2207
DELISTED
CYS Investments Inc.
CYS
| $943K | ﹤0.01% |
+115,803
| New | +$853K |
|
2208
Schwab US Broad Market ETF
SCHB
$44.9B
| $941K | ﹤0.01% |
114,624
+33,792
| +42% | +$263K |
|
2209
Compañía de Cervecerías Unidas
CCU
$2.22B
| $939K | ﹤0.01% |
41,824
-45,840
| -52% | -$938K |
|
2210
Omeros
OMER
$992M
| $939K | ﹤0.01% |
61,217
-561,199
| -90% | -$6.82M |
|
|
ILG
2211
CALL
DELISTED
ILG, Inc Common Stock
ILG
| $939K | ﹤0.01% |
+65,000
| New | +$842K |
|
|
PRFT
2212
DELISTED
Perficient Inc
PRFT
| $937K | ﹤0.01% |
+43,139
| New | +$799K |
|
2213
Globalstar
GSAT
$10.8B
| $933K | ﹤0.01% |
42,303
-96,552
| -70% | -$1.84M |
|
|
TPCO
2214
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $932K | ﹤0.01% |
120,759
+66,049
| +121% | +$534K |
|
|
LUX
2215
DELISTED
Luxottica Group
LUX
| $932K | ﹤0.01% |
16,937
+6,694
| +65% | +$388K |
|
2216
Quanex
NX
$985M
| $927K | ﹤0.01% |
53,404
-197,983
| -79% | -$3.49M |
|
|
HNP
2217
DELISTED
Huaneng Power Intl, Inc.
HNP
| $927K | ﹤0.01% |
+26,061
| New | +$859K |
|
2218
PUT
Flowers Foods
FLO
$1.54B
| $923K | ﹤0.01% |
+50,000
| New | +$948K |
|
|
LDR
2219
DELISTED
Landauer Inc
LDR
| $923K | ﹤0.01% |
27,904
-6,362
| -19% | -$191K |
|
2220
WisdomTree Japan Hedged Equity Fund
DXJ
$7.45B
| $922K | ﹤0.01% |
21,100
-18,539
| -47% | -$818K |
|
2221
F5
FFIV
$23.5B
| $921K | ﹤0.01% |
8,703
-323,325
| -97% | -$31M |
|
|
FCRD
2222
DELISTED
First Eagle Alternative Capital BDC, Inc. Common Stock
FCRD
| $919K | ﹤0.01% |
84,812
-122,107
| -59% | -$1.2M |
|
2223
iShares Mortgage Real Estate ETF
REM
$542M
| $918K | ﹤0.01% |
23,735
+5,951
| +33% | +$219K |
|
2224
Cal-Maine
CALM
$3.9B
| $915K | ﹤0.01% |
17,633
-24,606
| -58% | -$1.23M |
|
2225
Marten Transport
MRTN
$1.19B
| $911K | ﹤0.01% |
+121,595
| New | +$835K |
|
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.