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 | |
|---|---|---|---|---|---|---|
|
TA
2426
DELISTED
TravelCenters of America LLC
TA
| $597K | ﹤0.01% |
17,643
-26,448
| -60% | -$1.02M |
|
2427
Independence Realty Trust
IRT
$3.94B
| $595K | ﹤0.01% |
83,632
+67,840
| +430% | +$456K |
|
2428
OceanFirst Financial
OCFC
$1.87B
| $595K | ﹤0.01% |
33,629
+21,034
| +167% | +$369K |
|
|
FOE
2429
CALL
DELISTED
Ferro Corporation
FOE
| $594K | ﹤0.01% |
+50,000
| New | +$502K |
|
2430
Element Solutions
ESI
$9.08B
| $591K | ﹤0.01% |
68,728
-68,071
| -50% | -$537K |
|
2431
Corvus Pharmaceuticals
CRVS
$1.16B
| $590K | ﹤0.01% |
+40,701
| New | +$584K |
|
|
CIO
2432
DELISTED
City Office REIT
CIO
| $588K | ﹤0.01% |
+51,602
| New | +$611K |
|
2433
PennantPark Floating Rate Capital
PFLT
$734M
| $587K | ﹤0.01% |
50,200
-37,365
| -43% | -$416K |
|
|
MXIM
2434
DELISTED
Maxim Integrated Products
MXIM
| $586K | ﹤0.01% |
15,941
-127,143
| -89% | -$4.27M |
|
|
DEA
2435
Easterly Government Properties
DEA
$1.13B
| $585K | ﹤0.01% |
12,625
+128
| +1% | +$5.57K |
|
2436
Nomura Holdings
NMR
$28.7B
| $585K | ﹤0.01% |
131,651
-65,149
| -33% | -$308K |
|
2437
iShares MSCI ACWI ETF
ACWI
$33.3B
| $582K | ﹤0.01% |
10,379
+3,341
| +47% | +$177K |
|
|
SHLD
2438
DELISTED
Sears Holding Corporation
SHLD
| $580K | ﹤0.01% |
37,871
+2,054
| +6% | +$34.8K |
|
|
NTK
2439
DELISTED
NORTEK INC COM NEW (DE)
NTK
| $579K | ﹤0.01% |
11,993
-4,544
| -27% | -$186K |
|
2440
Baytex Energy
BTE
$3.06B
| $578K | ﹤0.01% |
145,468
-327,190
| -69% | -$857K |
|
2441
Eagle Bancorp
EGBN
$843M
| $578K | ﹤0.01% |
12,042
+4,010
| +50% | +$189K |
|
|
VA
2442
PUT
DELISTED
Virgin America Inc.
VA
| $578K | ﹤0.01% |
+15,000
| New | +$467K |
|
|
HPY
2443
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $577K | ﹤0.01% |
5,975
-11,695
| -66% | -$1.08M |
|
2444
Tempest Therapeutics
TPST
$16.6M
| $576K | ﹤0.01% |
21
+14
| +200% | +$296K |
|
2445
Universal Corp
UVV
$1.18B
| $576K | ﹤0.01% |
10,138
+3,400
| +50% | +$185K |
|
|
MN
2446
DELISTED
MANNING & NAPIER, INC.
MN
| $576K | ﹤0.01% |
71,401
+29,711
| +71% | +$219K |
|
2447
UFP Industries
UFPI
$5.01B
| $567K | ﹤0.01% |
19,806
-424,158
| -96% | -$10.1M |
|
|
SBR
2448
Sabine Royalty Trust
SBR
$1.06B
| $565K | ﹤0.01% |
19,093
+8,371
| +78% | +$254K |
|
|
LBY
2449
DELISTED
Libbey, Inc.
LBY
| $565K | ﹤0.01% |
30,389
+5,987
| +25% | +$105K |
|
2450
Aaon
AAON
$7.31B
| $564K | ﹤0.01% |
30,221
-6,729
| -18% | -$103K |
|
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.