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 | |
|---|---|---|---|---|---|---|
|
AHT
2301
Ashford Hospitality Trust
AHT
$20.5M
| $773K | ﹤0.01% |
123
+94
| +324% | +$510K |
|
|
ZGNX
2302
DELISTED
Zogenix, Inc.
ZGNX
| $772K | ﹤0.01% |
83,584
-153,877
| -65% | -$1.54M |
|
2303
Stride
LRN
$3.36B
| $771K | ﹤0.01% |
77,912
+57,076
| +274% | +$539K |
|
|
PSG
2304
DELISTED
Performance Sports Group Ltd.
PSG
| $771K | ﹤0.01% |
+242,313
| New | +$1.56M |
|
|
RELY
2305
DELISTED
Real Industry, Inc.
RELY
| $769K | ﹤0.01% |
88,410
+18,633
| +27% | +$128K |
|
2306
United Rentals
URI
$71.8B
| $768K | ﹤0.01% |
12,346
-341,680
| -97% | -$19M |
|
2307
Vanguard FTSE All-World ex-US ETF
VEU
$70.2B
| $767K | ﹤0.01% |
17,768
+10,636
| +149% | +$436K |
|
|
BYLK
2308
DELISTED
BAYLAKE CORP
BYLK
| $764K | ﹤0.01% |
+47,840
| New | +$708K |
|
2309
Credicorp
BAP
$30.4B
| $763K | ﹤0.01% |
5,824
-25,589
| -81% | -$2.82M |
|
2310
Sonoco
SON
$5.71B
| $763K | ﹤0.01% |
+15,714
| New | +$668K |
|
|
ACBI
2311
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $763K | ﹤0.01% |
+54,707
| New | +$727K |
|
|
RAS
2312
DELISTED
RAIT Financial Trust
RAS
| $762K | ﹤0.01% |
242,800
+7,697
| +3% | +$19.7K |
|
|
CLLS
2313
Cellectis
CLLS
$291M
| $760K | ﹤0.01% |
27,654
-159,761
| -85% | -$3.85M |
|
|
DRD
2314
DRDGold
DRD
$2.07B
| $760K | ﹤0.01% |
190,499
-197,098
| -51% | -$632K |
|
2315
UMB Financial
UMBF
$11.2B
| $760K | ﹤0.01% |
14,724
-189,618
| -93% | -$9.11M |
|
2316
WD-40
WDFC
$3.13B
| $760K | ﹤0.01% |
7,032
+4,621
| +192% | +$478K |
|
2317
American Tower
AMT
$79.4B
| $758K | ﹤0.01% |
7,406
-518,168
| -99% | -$48.4M |
|
2318
Frontline
FRO
$8.36B
| $758K | ﹤0.01% |
90,538
+44,458
| +96% | +$429K |
|
|
EEQ
2319
DELISTED
Enbridge Energy Management Llc
EEQ
| $755K | ﹤0.01% |
+54,615
| New | +$720K |
|
2320
Lindblad Expeditions
LIND
$2.16B
| $754K | ﹤0.01% |
75,836
+58,336
| +333% | +$588K |
|
2321
DXP Enterprises
DXPE
$3.02B
| $753K | ﹤0.01% |
+42,891
| New | +$702K |
|
2322
Ceco Environmental
CECO
$4.24B
| $750K | ﹤0.01% |
120,751
+93,678
| +346% | +$635K |
|
2323
Prudential Financial
PRU
$42B
| $750K | ﹤0.01% |
10,379
-399,776
| -97% | -$27.9M |
|
|
FOMX
2324
DELISTED
Foamix Pharmaceuticals Ltd. Ordinary Shares
FOMX
| $747K | ﹤0.01% |
114,574
+2,147
| +2% | +$13.8K |
|
2325
AutoNation
AN
$6.91B
| $746K | ﹤0.01% |
15,991
-106,781
| -87% | -$5.17M |
|
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.