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 | |
|---|---|---|---|---|---|---|
2226
NMI Holdings
NMIH
$3.36B
| $910K | ﹤0.01% |
180,284
+48,922
| +37% | +$255K |
|
2227
Guidewire Software
GWRE
$14.5B
| $909K | ﹤0.01% |
+16,683
| New | +$872K |
|
|
PERY
2228
DELISTED
Perry Ellis International Inc
PERY
| $907K | ﹤0.01% |
49,287
-211,390
| -81% | -$3.86M |
|
|
TUMI
2229
PUT
DELISTED
TUMI HLDGS INC COM
TUMI
| $904K | ﹤0.01% |
+33,700
| New | +$684K |
|
2230
Future Fuel
FF
$277M
| $902K | ﹤0.01% |
76,474
-65,690
| -46% | -$804K |
|
2231
Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
$447M
| $901K | ﹤0.01% |
+26,071
| New | +$861K |
|
2232
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.6B
| $900K | ﹤0.01% |
+10,349
| New | +$878K |
|
|
AXLL
2233
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $900K | ﹤0.01% |
41,206
-2,361,110
| -98% | -$41.6M |
|
2234
Lloyds Banking Group
LYG
$88.8B
| $899K | ﹤0.01% |
227,488
-248,977
| -52% | -$964K |
|
|
JE
2235
DELISTED
Just Energy Group Inc
JE
| $895K | ﹤0.01% |
4,560
+1,851
| +68% | +$377K |
|
|
PDM
2236
Piedmont Realty Trust
PDM
$1.17B
| $894K | ﹤0.01% |
44,009
+16,426
| +60% | +$306K |
|
2237
Shenandoah Telecom
SHEN
$756M
| $894K | ﹤0.01% |
33,415
-55,443
| -62% | -$1.27M |
|
2238
Quaker Houghton
KWR
$3B
| $893K | ﹤0.01% |
10,520
-11,139
| -51% | -$850K |
|
2239
FIVE9
FIVN
$2.5B
| $891K | ﹤0.01% |
100,246
-291,761
| -74% | -$2.29M |
|
2240
Jabil
JBL
$36.8B
| $891K | ﹤0.01% |
46,225
-318,372
| -87% | -$6.42M |
|
2241
Korea Electric Power
KEP
$15.9B
| $890K | ﹤0.01% |
34,566
-160,306
| -82% | -$3.66M |
|
|
KG
2242
Kestrel Group
KG
$69.6M
| $889K | ﹤0.01% |
3,434
+1,847
| +116% | +$479K |
|
|
TUP
2243
DELISTED
Tupperware Brands Corporation
TUP
| $888K | ﹤0.01% |
+15,324
| New | +$790K |
|
|
AGN
2244
DELISTED
Allergan plc
AGN
| $887K | ﹤0.01% |
3,309
-137,350
| -98% | -$39.3M |
|
2245
Village Super Market
VLGEA
$623M
| $884K | ﹤0.01% |
+36,599
| New | +$906K |
|
|
ESL
2246
DELISTED
Esterline Technologies
ESL
| $884K | ﹤0.01% |
13,791
-293,778
| -96% | -$19.3M |
|
|
AAAP
2247
DELISTED
Advanced Accelerator Applications S.A.
AAAP
| $883K | ﹤0.01% |
25,215
-25,899
| -51% | -$776K |
|
2248
CALL
Puma Biotechnology
PBYI
$454M
| $881K | ﹤0.01% |
+30,000
| New | +$1.36M |
|
|
IMMU
2249
DELISTED
Immunomedics Inc
IMMU
| $877K | ﹤0.01% |
+350,697
| New | +$789K |
|
2250
Freshpet
FRPT
$3.48B
| $874K | ﹤0.01% |
119,260
+95,991
| +413% | +$670K |
|
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.