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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.07B |
| 2 |
SPCX
SpaceX
SPCX
|
+$2.99B |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$1.11B |
| 4 |
Microsoft
MSFT
|
+$584M |
| 5 |
Bloom Energy
BE
|
+$547M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$1.65B |
| 2 |
Marvell Technology
MRVL
|
+$1.16B |
| 3 |
Apple
AAPL
|
+$1.12B |
| 4 |
SNDK
Sandisk
SNDK
|
+$1.11B |
| 5 |
Micron Technology
MU
|
+$816M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 55.34% |
| 2 | Technology | 9.51% |
| 3 | Industrials | 7.53% |
| 4 | Financials | 5.78% |
| 5 | Healthcare | 5.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.1B
| $164M | 0.06% |
1,503,000
-1,272,000
| -46% | -$139M |
|
302
MACOM Technology Solutions
MTSI
$21B
| $164M | 0.06% |
430,400
+95,186
| +28% | +$31.6M |
|
303
Philip Morris
PM
$304B
| $163M | 0.06% |
900,862
+598,278
| +198% | +$104M |
|
304
Walmart Inc
WMT
$865B
| $163M | 0.06% |
1,437,888
+484,088
| +51% | +$60.1M |
|
305
KKR & Co
KKR
$90.7B
| $162M | 0.06% |
1,763,918
-858,082
| -33% | -$83.2M |
|
|
SNDK
306
CALL
Sandisk
SNDK
$227B
| $161M | 0.06% |
70,600
-68,400
| -49% | -$97.6M |
|
307
Zscaler
ZS
$31.3B
| $159M | 0.06% |
1,129,691
+794,787
| +237% | +$111M |
|
308
Essential Utilities
WTRG
$11.7B
| $159M | 0.06% |
4,153,002
+90,520
| +2% | +$3.46M |
|
309
Sanofi
SNY
$104B
| $159M | 0.06% |
3,727,890
+287,236
| +8% | +$12.8M |
|
310
CALL
iShares MSCI EAFE ETF
EFA
$78.2B
| $159M | 0.06% |
1,527,800
-139,400
| -8% | -$14.3M |
|
311
First Horizon
FHN
$11.6B
| $158M | 0.06% |
6,171,769
-127,510
| -2% | -$3.11M |
|
312
Vishay Intertechnology
VSH
$4.72B
| $158M | 0.06% |
2,932,443
+2,783,107
| +1,864% | +$114M |
|
|
BBT
313
Beacon Financial Corp
BBT
$2.63B
| $157M | 0.06% |
5,165,656
+53,775
| +1% | +$1.61M |
|
314
Bank of America
BAC
$416B
| $157M | 0.06% |
2,755,267
-11,514,553
| -81% | -$612M |
|
315
Salesforce
CRM
$214B
| $157M | 0.06% |
1,001,684
+806,406
| +413% | +$142M |
|
316
PUT
Merck
MRK
$357B
| $157M | 0.06% |
1,220,800
-335,800
| -22% | -$39.3M |
|
317
United Airlines
UAL
$35.4B
| $157M | 0.06% |
1,151,697
+384,238
| +50% | +$39.8M |
|
318
CALL
Chevron
CVX
$416B
| $156M | 0.06% |
942,500
-34,500
| -4% | -$6.42M |
|
319
CALL
Freeport-McMoran
FCX
$99.6B
| $156M | 0.06% |
2,483,500
+1,826,000
| +278% | +$117M |
|
320
iShares 20+ Year Treasury Bond ETF
TLT
$46.6B
| $156M | 0.06% |
1,806,952
+1,366,482
| +310% | +$117M |
|
321
Carnival Corporation Ltd
CCL
$30.9B
| $156M | 0.06% |
5,451,184
+3,075,912
| +129% | +$84M |
|
322
PUT
Coca-Cola
KO
$384B
| $156M | 0.06% |
1,914,500
-281,100
| -13% | -$22.2M |
|
323
CALL
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $155M | 0.06% |
815,900
+152,900
| +23% | +$26.1M |
|
324
CALL
JPMorgan Chase
JPM
$931B
| $155M | 0.06% |
474,700
-55,300
| -10% | -$17.2M |
|
|
ONC
325
BeOne Medicines Ltd
ONC
$39.2B
| $155M | 0.06% |
543,323
+338,477
| +165% | +$99.7M |
|
Similar funds
Millennium Management's Q2 2026 Portfolio in Review
As of Q2 2026, Millennium Management held 6,628 positions worth $276B, up 15% from $240B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Millennium Management's Q2 2026 filing shows 986 new, 2,006 increased, 2,341 reduced and 833 closed positions. Its largest new stake was SpaceX: 17,604,863 shares worth $2.98B. The largest sale was State Street SPDR Portfolio S&P 500 ETF, an estimated $1.65B.
By sector, the portfolio is most concentrated in Miscellaneous at 55% of assets, up from 54% a quarter earlier, followed by Technology and Industrials.
- Millennium Management's largest Q2 2026 buy was SpaceX: 17,604,863 shares worth $2.98B.
- Millennium Management added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $3.07B increase.
- Millennium Management's biggest Q2 2026 reduction was Marvell Technology, cutting an estimated $1.16B.
- Millennium Management fully exited State Street SPDR Portfolio S&P 500 ETF in Q2 2026, selling an estimated $1.65B.
- Millennium Management's ten largest holdings make up 18% of its $276B portfolio in Q2 2026.
- Millennium Management opened 986 new positions and closed 833 in Q2 2026.
- Millennium Management's portfolio value rose 15% quarter-over-quarter to $276B.
Based on Millennium Management's 13F filing for Q2 2026, filed 14 Aug 2026.