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 | |
|---|---|---|---|---|---|---|
2976
Avista
AVA
$3.43B
| $4.55M | ﹤0.01% |
113,317
-107,984
| -49% | -$4.36M |
|
2977
PUT
J.M. Smucker
SJM
$12.9B
| $4.54M | ﹤0.01% |
47,100
+5,600
| +13% | +$586K |
|
2978
PUT
Darling Ingredients
DAR
$9.62B
| $4.53M | ﹤0.01% |
73,300
+8,600
| +13% | +$424K |
|
2979
Everest Group
EG
$15.4B
| $4.53M | ﹤0.01% |
13,861
-134,126
| -91% | -$44.1M |
|
2980
Murphy USA
MUSA
$11.3B
| $4.53M | ﹤0.01% |
9,167
-551,458
| -98% | -$236M |
|
2981
Capital Southwest
CSWC
$1.46B
| $4.52M | ﹤0.01% |
204,548
+7,380
| +4% | +$167K |
|
2982
AbCellera Biologics
ABCL
$1.6B
| $4.52M | ﹤0.01% |
1,294,574
-478,965
| -27% | -$1.72M |
|
|
FVAV
2983
Fortress Value Acquisition Corp V
FVAV
$367M
| $4.51M | ﹤0.01% |
+450,000
| New | +$4.52M |
|
|
JENA
2984
Jena Acquisition Corp II
JENA
$301M
| $4.51M | ﹤0.01% |
441,500
+39,000
| +10% | +$401K |
|
|
AMBQ
2985
Ambiq Micro
AMBQ
$1.65B
| $4.51M | ﹤0.01% |
177,556
+115,538
| +186% | +$3.45M |
|
2986
Sagimet Biosciences
SGMT
$460M
| $4.51M | ﹤0.01% |
862,303
+275,356
| +47% | +$1.53M |
|
|
LPCVU
2987
Launchpad Cadenza Acquisition Corp I Unit
LPCVU
$201M
| $4.5M | ﹤0.01% |
450,000
| – | – |
|
2988
Alpha Metallurgical Resources
AMR
$1.85B
| $4.5M | ﹤0.01% |
21,919
-80,743
| -79% | -$16.4M |
|
|
ADACU
2989
American Drive Acquisition Co Units
ADACU
| $4.5M | ﹤0.01% |
450,000
| – | – |
|
2990
Innospec
IOSP
$2.11B
| $4.49M | ﹤0.01% |
61,427
-471,885
| -88% | -$36.7M |
|
2991
Live Oak Bancshares
LOB
$1.95B
| $4.48M | ﹤0.01% |
135,590
-122,481
| -47% | -$4.51M |
|
2992
Vertiv
VRT
$110B
| $4.48M | ﹤0.01% |
17,894
-1,637,351
| -99% | -$363M |
|
2993
CALL
MGM Resorts International
MGM
$11.8B
| $4.48M | ﹤0.01% |
121,100
-78,900
| -39% | -$2.81M |
|
2994
CALL
Blue Owl Capital
OWL
$6.54B
| $4.48M | ﹤0.01% |
490,500
+367,600
| +299% | +$4.44M |
|
2995
Compass Therapeutics
CMPX
$375M
| $4.48M | ﹤0.01% |
846,220
-2,263,066
| -73% | -$13.1M |
|
2996
State Street SPDR S&P Biotech ETF
XBI
$10.2B
| $4.46M | ﹤0.01% |
34,918
+25,548
| +273% | +$3.19M |
|
2997
CALL
Burlington
BURL
$22.5B
| $4.46M | ﹤0.01% |
13,700
-4,400
| -24% | -$1.35M |
|
2998
PUT
Sea Limited
SE
$63.9B
| $4.45M | ﹤0.01% |
53,700
-92,900
| -63% | -$9.96M |
|
2999
PUT
VanEck Oil Services ETF
OIH
$2.06B
| $4.45M | ﹤0.01% |
11,000
-200
| -2% | -$73.2K |
|
|
HCMA
3000
HCM III Acquisition Corp
HCMA
$346M
| $4.44M | ﹤0.01% |
440,750
| – | – |
|
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.