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 | |
|---|---|---|---|---|---|---|
|
SNBR
2251
CALL
DELISTED
Sleep Number
SNBR
| $873K | ﹤0.01% |
+45,000
| New | +$859K |
|
2252
SuperCom
SPCB
$68.8M
| $872K | ﹤0.01% |
1,096
-3
| -0.3% | -$2.84K |
|
2253
Tredegar Corp
TG
$278M
| $870K | ﹤0.01% |
55,359
-9,459
| -15% | -$129K |
|
2254
CALL
Olin
OLN
$2.2B
| $869K | ﹤0.01% |
+50,000
| New | +$774K |
|
|
VNET
2255
VNET Group
VNET
$2.12B
| $866K | ﹤0.01% |
+43,368
| New | +$827K |
|
2256
Radware
RDWR
$1.2B
| $865K | ﹤0.01% |
+73,077
| New | +$882K |
|
|
TERP
2257
PUT
DELISTED
TerraForm Power, Inc
TERP
| $865K | ﹤0.01% |
+100,000
| New | +$931K |
|
2258
Bright Horizons
BFAM
$3.83B
| $863K | ﹤0.01% |
+13,318
| New | +$856K |
|
2259
iShares Russell 3000 ETF
IWV
$20.4B
| $863K | ﹤0.01% |
7,138
-279
| -4% | -$31.9K |
|
2260
Ecopetrol
EC
$34.7B
| $862K | ﹤0.01% |
+100,086
| New | +$706K |
|
|
TBHC
2261
DELISTED
The Brand House Collective
TBHC
| $860K | ﹤0.01% |
49,123
+36,651
| +294% | +$512K |
|
2262
iShares Intermediate Government/Credit Bond ETF
GVI
$3.79B
| $858K | ﹤0.01% |
7,656
+3,100
| +68% | +$344K |
|
|
GPL
2263
DELISTED
Great Panther Mining Limited
GPL
| $853K | ﹤0.01% |
89,834
-28,621
| -24% | -$193K |
|
|
TOO
2264
DELISTED
Teekay Offshore Partners L.P.
TOO
| $853K | ﹤0.01% |
150,523
-679,683
| -82% | -$2.85M |
|
|
ABAX
2265
CALL
DELISTED
Abaxis Inc
ABAX
| $849K | ﹤0.01% |
+18,700
| New | +$831K |
|
2266
Vanguard Information Technology ETF
VGT
$147B
| $848K | ﹤0.01% |
+61,968
| New | +$790K |
|
2267
Vanguard Long-Term Bond ETF
BLV
$5.71B
| $845K | ﹤0.01% |
+9,086
| New | +$816K |
|
|
NXRT
2268
NexPoint Residential Trust
NXRT
$643M
| $845K | ﹤0.01% |
64,570
-3,403
| -5% | -$41.3K |
|
2269
ANI Pharmaceuticals
ANIP
$1.72B
| $842K | ﹤0.01% |
25,025
-2,318
| -8% | -$78.6K |
|
|
XNET
2270
Xunlei
XNET
$323M
| $839K | ﹤0.01% |
137,384
+57,453
| +72% | +$354K |
|
2271
IMAX
IMAX
$2.83B
| $837K | ﹤0.01% |
26,934
+920
| +4% | +$28.2K |
|
2272
CBRE Group
CBRE
$42.8B
| $836K | ﹤0.01% |
28,996
-427,499
| -94% | -$11.8M |
|
|
AVX
2273
DELISTED
AVX Corporation
AVX
| $836K | ﹤0.01% |
+66,518
| New | +$774K |
|
|
VWTR
2274
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $835K | ﹤0.01% |
81,614
+49,142
| +151% | +$450K |
|
|
KANG
2275
DELISTED
iKang Healthcare Group, Inc.
KANG
| $833K | ﹤0.01% |
+38,128
| New | +$794K |
|
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.