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 |
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$1.73B |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$635M |
| 3 |
Bank of America
BAC
|
+$611M |
| 4 |
Meta Platforms (Facebook)
META
|
+$574M |
| 5 |
Warner Bros
WBD
|
+$513M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$4.89B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.06B |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$1.03B |
| 4 |
CYBR
CyberArk
CYBR
|
+$913M |
| 5 |
NVIDIA
NVDA
|
+$853M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.09% |
| 2 | Financials | 7.06% |
| 3 | Industrials | 6.02% |
| 4 | Healthcare | 5.98% |
| 5 | Consumer Discretionary | 4.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
iShares Russell 2000 ETF
IWM
$81.8B
| $9.96B | 4.15% |
40,169,200
+9,490,700
| +31% | +$2.45B |
|
|
2
iShares Core S&P 500 ETF
IVV
$902B
| $8.48B | 3.53% |
12,985,806
-1,508,472
| -10% | -$1.03B |
|
|
3
PUT
NVIDIA
NVDA
$5.27T
| $4.12B | 1.71% |
23,618,000
+104,800
| +0.4% | +$19.2M |
|
4
PUT
Invesco QQQ Trust
QQQ
$478B
| $3.49B | 1.45% |
6,049,600
-2,673,000
| -31% | -$1.62B |
|
|
5
CALL
iShares Russell 2000 ETF
IWM
$81.8B
| $2.97B | 1.24% |
11,990,300
-3,690,400
| -24% | -$952M |
|
6
PUT
Microsoft
MSFT
$3.74T
| $2.55B | 1.06% |
6,878,900
+2,618,700
| +61% | +$1.1B |
|
|
7
CALL
Invesco QQQ Trust
QQQ
$478B
| $2.29B | 0.95% |
3,964,500
+312,300
| +9% | +$190M |
|
8
PUT
Amazon
AMZN
$2.94T
| $2.28B | 0.95% |
10,935,400
+1,493,900
| +16% | +$329M |
|
9
PUT
Apple
AAPL
$4.45T
| $2.21B | 0.92% |
8,706,700
-306,200
| -3% | -$79.7M |
|
|
10
PUT
Meta Platforms (Facebook)
META
$1.53T
| $2.07B | 0.86% |
3,616,700
+450,500
| +14% | +$289M |
|
11
PUT
Alphabet (Google) Class A
GOOGL
$4.2T
| $1.89B | 0.79% |
6,560,100
+1,120,700
| +21% | +$352M |
|
|
12
NVIDIA
NVDA
$5.27T
| $1.85B | 0.77% |
10,585,647
-4,647,972
| -31% | -$853M |
|
13
PUT
Tesla
TSLA
$1.31T
| $1.83B | 0.76% |
4,909,800
+1,998,400
| +69% | +$823M |
|
|
14
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$807B
| $1.78B | 0.74% |
2,733,300
+11,300
| +0.4% | +$7.68M |
|
|
SPYM
15
State Street SPDR Portfolio S&P 500 ETF
SPYM
$168B
| $1.65B | 0.69% |
+21,566,182
| New | +$1.73B |
|
16
PUT
State Street Financial Select Sector SPDR ETF
XLF
$59B
| $1.42B | 0.59% |
28,767,800
+1,719,000
| +6% | +$89.6M |
|
17
PUT
State Street Energy Select Sector SPDR ETF
XLE
$39.8B
| $1.4B | 0.58% |
22,869,800
+3,894,500
| +21% | +$209M |
|
18
CALL
CRH
CRH
$67.4B
| $1.37B | 0.57% |
240,500
-183,000
| -43% | -$21.5M |
|
|
19
PUT
CRH
CRH
$67.4B
| $1.36B | 0.57% |
199,800
+163,500
| +450% | +$19.2M |
|
20
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $1.35B | 0.56% |
16,906,400
+5,246,400
| +45% | +$422M |
|
|
21
CALL
Apple
AAPL
$4.45T
| $1.33B | 0.55% |
5,225,100
+612,900
| +13% | +$160M |
|
22
Norfolk Southern
NSC
$75.2B
| $1.32B | 0.55% |
4,584,086
+433,655
| +10% | +$129M |
|
|
23
CALL
NVIDIA
NVDA
$5.27T
| $1.29B | 0.54% |
7,378,900
+852,400
| +13% | +$156M |
|
|
24
Warner Bros
WBD
$67.9B
| $1.21B | 0.5% |
43,939,392
+18,328,393
| +72% | +$513M |
|
|
25
Apple
AAPL
$4.45T
| $1.18B | 0.49% |
4,668,333
-282,514
| -6% | -$73.5M |
|
Similar funds
Millennium Management's Q1 2026 Portfolio in Review
As of Q1 2026, Millennium Management held 6,611 positions worth $240B, up 1.1% from $238B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Millennium Management's Q1 2026 filing shows 658 new, 2,264 increased, 2,324 reduced and 989 closed positions. Its largest new stake was State Street SPDR Portfolio S&P 500 ETF: 21,566,182 shares worth $1.65B. The largest sale was Walmart Inc, an estimated $4.89B.
By sector, the portfolio is most concentrated in Technology at 9.1% of assets, down from 9.5% a quarter earlier, followed by Financials and Industrials.
- Millennium Management's largest Q1 2026 buy was State Street SPDR Portfolio S&P 500 ETF: 21,566,182 shares worth $1.65B.
- Millennium Management added most to Vanguard S&P 500 ETF in Q1 2026, an estimated $635M increase.
- Millennium Management's biggest Q1 2026 reduction was Walmart Inc, cutting an estimated $4.89B.
- Millennium Management fully exited CyberArk in Q1 2026, selling an estimated $913M.
- Millennium Management's ten largest holdings make up 17% of its $240B portfolio in Q1 2026.
- Millennium Management opened 658 new positions and closed 989 in Q1 2026.
- Millennium Management's portfolio value rose 1.1% quarter-over-quarter to $240B.
Based on Millennium Management's 13F filing for Q1 2026, filed 15 May 2026.