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 | |
|---|---|---|---|---|---|---|
2401
Syndax Pharmaceuticals
SNDX
$1.82B
| $628K | ﹤0.01% |
+47,114
| New | +$592K |
|
|
MODV
2402
DELISTED
ModivCare
MODV
| $626K | ﹤0.01% |
+12,256
| New | +$574K |
|
2403
AES
AES
$10.5B
| $625K | ﹤0.01% |
52,979
-21,099
| -28% | -$210K |
|
2404
Columbus McKinnon
CMCO
$557M
| $624K | ﹤0.01% |
+39,569
| New | +$585K |
|
2405
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $624K | ﹤0.01% |
4,956
+2,347
| +90% | +$293K |
|
2406
Mitek Systems
MITK
$837M
| $624K | ﹤0.01% |
95,442
-144,470
| -60% | -$740K |
|
|
CONN
2407
PUT
DELISTED
Conn's Inc.
CONN
| $623K | ﹤0.01% |
+50,000
| New | +$791K |
|
|
OKSB
2408
DELISTED
Southwest Bancorp Inc/OK
OKSB
| $622K | ﹤0.01% |
41,309
+10,203
| +33% | +$161K |
|
|
OSB
2409
DELISTED
Norbord Inc.
OSB
| $621K | ﹤0.01% |
+31,163
| New | +$569K |
|
2410
Strategic Education
STRA
$1.84B
| $620K | ﹤0.01% |
+12,718
| New | +$627K |
|
|
GSS
2411
DELISTED
Golden Star Resources Ltd.
GSS
| $620K | ﹤0.01% |
272,027
-160,171
| -37% | -$254K |
|
|
XIN
2412
DELISTED
Xinyuan Real Estate
XIN
| $618K | ﹤0.01% |
+13,957
| New | +$524K |
|
|
TIER
2413
DELISTED
TIER REIT, Inc.
TIER
| $614K | ﹤0.01% |
+45,658
| New | +$644K |
|
|
SCNB
2414
DELISTED
Suffolk Bancorp
SCNB
| $613K | ﹤0.01% |
24,278
-10,512
| -30% | -$268K |
|
|
DRRX
2415
DELISTED
DURECT Corp
DRRX
| $612K | ﹤0.01% |
45,325
-12,905
| -22% | -$165K |
|
2416
Schwab US Large-Cap Growth ETF
SCHG
$63B
| $610K | ﹤0.01% |
93,144
-14,416
| -13% | -$89.4K |
|
2417
Oxford Industries
OXM
$556M
| $604K | ﹤0.01% |
8,978
+1,358
| +18% | +$92.5K |
|
2418
Distribution Solutions Group
DSGR
$1.61B
| $601K | ﹤0.01% |
61,364
-48,338
| -44% | -$460K |
|
2419
Global Net Lease
GNL
$1.95B
| $600K | ﹤0.01% |
+23,372
| New | +$533K |
|
|
USAK
2420
DELISTED
USA Truck Inc
USAK
| $600K | ﹤0.01% |
31,855
-58,480
| -65% | -$944K |
|
|
PCO
2421
DELISTED
Pendrell Corporation - Class A
PCO
| $600K | ﹤0.01% |
1,131
-109
| -9% | -$58.7K |
|
|
EGOV
2422
DELISTED
NIC Inc
EGOV
| $599K | ﹤0.01% |
33,209
-29,588
| -47% | -$534K |
|
2423
Scorpio Tankers
STNG
$3.83B
| $598K | ﹤0.01% |
10,265
-325,252
| -97% | -$19.3M |
|
|
EVOL
2424
DELISTED
Evolving Systems, Inc.
EVOL
| $598K | ﹤0.01% |
104,175
-587
| -0.6% | -$3.14K |
|
2425
Immersion
IMMR
$257M
| $597K | ﹤0.01% |
72,241
+43,240
| +149% | +$358K |
|
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.