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 | |
|---|---|---|---|---|---|---|
2326
Bassett Furniture
BSET
$169M
| $738K | ﹤0.01% |
23,157
-81,185
| -78% | -$2.4M |
|
|
CIVI
2327
DELISTED
Civitas Resources
CIVI
| $738K | ﹤0.01% |
4,160
-17,950
| -81% | -$4.75M |
|
|
CALL
2328
DELISTED
magicJack VocalTec Ltd
CALL
| $738K | ﹤0.01% |
112,536
+61,858
| +122% | +$475K |
|
2329
Ezcorp Inc
EZPW
$1.67B
| $734K | ﹤0.01% |
246,975
+153,996
| +166% | +$481K |
|
|
CUNB
2330
DELISTED
CU Bancorp
CUNB
| $733K | ﹤0.01% |
+34,645
| New | +$774K |
|
|
PHIIK
2331
DELISTED
PHI, Inc. Non-Voting Common Stock
PHIIK
| $724K | ﹤0.01% |
38,343
-44,014
| -53% | -$775K |
|
2332
Digital Turbine
APPS
$1.74B
| $723K | ﹤0.01% |
607,845
-92,155
| -13% | -$109K |
|
2333
Kelly Services Class A
KELYA
$544M
| $723K | ﹤0.01% |
37,822
+542
| +1% | +$9.02K |
|
|
LDL
2334
DELISTED
Lydall, Inc.
LDL
| $721K | ﹤0.01% |
22,158
-54,188
| -71% | -$1.59M |
|
2335
Park Aerospace
PKE
$801M
| $719K | ﹤0.01% |
44,939
+34,456
| +329% | +$513K |
|
2336
Cytokinetics
CYTK
$10.8B
| $718K | ﹤0.01% |
101,891
-277,691
| -73% | -$2.03M |
|
2337
uniQure
QURE
$3.2B
| $716K | ﹤0.01% |
60,285
-242,628
| -80% | -$3.58M |
|
2338
State Street Materials Select Sector SPDR ETF
XLB
$8.71B
| $716K | ﹤0.01% |
31,940
-3,878
| -11% | -$80.3K |
|
2339
Consolidated Water Co
CWCO
$484M
| $715K | ﹤0.01% |
58,786
+21,396
| +57% | +$240K |
|
2340
Gran Tierra Energy
GTE
$317M
| $714K | ﹤0.01% |
28,923
-256,840
| -90% | -$5.96M |
|
|
TBRG
2341
DELISTED
TruBridge
TBRG
| $712K | ﹤0.01% |
+13,670
| New | +$724K |
|
|
NUTR
2342
DELISTED
Nutraceutical International Co
NUTR
| $711K | ﹤0.01% |
29,202
+6,900
| +31% | +$167K |
|
|
CMO
2343
DELISTED
Capstead Mortgage Corp.
CMO
| $706K | ﹤0.01% |
71,404
-95,200
| -57% | -$885K |
|
2344
TFS Financial
TFSL
$4.83B
| $704K | ﹤0.01% |
40,557
+26,214
| +183% | +$448K |
|
|
ARAV
2345
DELISTED
Aravive, Inc. Common Stock
ARAV
| $701K | ﹤0.01% |
14,559
+8,667
| +147% | +$460K |
|
2346
PennyMac Financial
PFSI
$3.94B
| $700K | ﹤0.01% |
59,519
+20,718
| +53% | +$249K |
|
2347
TriplePoint Venture Growth BDC
TPVG
$212M
| $700K | ﹤0.01% |
66,706
-54,880
| -45% | -$565K |
|
2348
Illumina
ILMN
$29B
| $698K | ﹤0.01% |
+4,427
| New | +$677K |
|
2349
Medifast
MED
$135M
| $697K | ﹤0.01% |
23,079
-102,400
| -82% | -$2.99M |
|
|
DF
2350
CALL
DELISTED
Dean Foods Company
DF
| $693K | ﹤0.01% |
+40,000
| New | +$756K |
|
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.