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 | |
|---|---|---|---|---|---|---|
3426
PUT
Deckers Outdoor
DECK
$13.3B
| $2.84M | ﹤0.01% |
28,400
-51,000
| -64% | -$5.47M |
|
3427
CALL
Eagle Materials
EXP
$6.6B
| $2.84M | ﹤0.01% |
+15,000
| New | +$3.19M |
|
3428
PUT
Johnson Controls International
JCI
$87.5B
| $2.84M | ﹤0.01% |
21,700
-20,300
| -48% | -$2.62M |
|
3429
Aclaris Therapeutics
ACRS
$730M
| $2.84M | ﹤0.01% |
756,127
-297,119
| -28% | -$1M |
|
3430
CALL
Alcon
ALC
$33.1B
| $2.83M | ﹤0.01% |
42,300
-500
| -1% | -$39.9K |
|
|
IGAC
3431
Invest Green Acquisition Corp
IGAC
$239M
| $2.83M | ﹤0.01% |
+286,000
| New | +$2.84M |
|
3432
Emerson Electric
EMR
$82.9B
| $2.83M | ﹤0.01% |
21,603
-13,995
| -39% | -$2.01M |
|
3433
abrdn Physical Palladium Shares ETF
PALL
$600M
| $2.83M | ﹤0.01% |
+105,055
| New | +$3.25M |
|
3434
PUT
Upstart Holdings
UPST
$2.58B
| $2.83M | ﹤0.01% |
110,300
+49,900
| +83% | +$1.76M |
|
3435
CALL
Dominion Energy
D
$62.5B
| $2.83M | ﹤0.01% |
45,700
-79,000
| -63% | -$4.88M |
|
|
OKLO
3436
Oklo
OKLO
$7B
| $2.82M | ﹤0.01% |
56,876
+5,884
| +12% | +$423K |
|
|
SI
3437
Shoulder Innovations Inc
SI
$423M
| $2.82M | ﹤0.01% |
193,942
+101,939
| +111% | +$1.42M |
|
3438
PUT
Molina Healthcare
MOH
$10.3B
| $2.81M | ﹤0.01% |
21,100
+18,000
| +581% | +$2.87M |
|
3439
Comstock
LODE
$228M
| $2.81M | ﹤0.01% |
920,548
+839,961
| +1,042% | +$2.75M |
|
3440
PUT
Emcor
EME
$33.1B
| $2.81M | ﹤0.01% |
3,800
+300
| +9% | +$218K |
|
3441
TriMas Corp
TRS
$1.43B
| $2.8M | ﹤0.01% |
77,917
-93,802
| -55% | -$3.37M |
|
3442
Eldorado Gold
EGO
$8.31B
| $2.8M | ﹤0.01% |
81,568
-1,705,494
| -95% | -$69.5M |
|
3443
CleanSpark
CLSK
$3.73B
| $2.8M | ﹤0.01% |
328,724
-160,987
| -33% | -$1.72M |
|
3444
Community Trust Bancorp
CTBI
$1.38B
| $2.8M | ﹤0.01% |
46,055
-22
| -0% | -$1.34K |
|
3445
Lindsay Corp
LNN
$1.16B
| $2.79M | ﹤0.01% |
23,472
+20,034
| +583% | +$2.54M |
|
3446
CALL
Norwegian Cruise Line
NCLH
$8.89B
| $2.79M | ﹤0.01% |
149,300
+131,100
| +720% | +$2.86M |
|
3447
CALL
MP Materials
MP
$7.35B
| $2.79M | ﹤0.01% |
57,800
-45,500
| -44% | -$2.72M |
|
|
MFA
3448
MFA Financial
MFA
$929M
| $2.79M | ﹤0.01% |
291,141
-742,398
| -72% | -$7.32M |
|
3449
Xometry
XMTR
$4.77B
| $2.79M | ﹤0.01% |
68,277
-33,914
| -33% | -$1.8M |
|
3450
Jack in the Box
JACK
$278M
| $2.79M | ﹤0.01% |
+288,297
| New | +$5.1M |
|
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.