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 | |
|---|---|---|---|---|---|---|
4026
Zevra Therapeutics
ZVRA
$713M
| $1.3M | ﹤0.01% |
90,461
-499,808
| -85% | -$5.56M |
|
4027
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.73B
| $1.3M | ﹤0.01% |
+30,575
| New | +$1.3M |
|
4028
PUT
Peabody Energy
BTU
$3.44B
| $1.29M | ﹤0.01% |
56,000
+22,800
| +69% | +$606K |
|
4029
CALL
BellRing Brands
BRBR
$1.06B
| $1.29M | ﹤0.01% |
100,000
-116,700
| -54% | -$1.41M |
|
4030
CALL
Procure Space ETF
UFO
$549M
| $1.29M | ﹤0.01% |
+25,500
| New | +$1.37M |
|
4031
CALL
Caesars Entertainment
CZR
$6.05B
| $1.29M | ﹤0.01% |
42,700
| – | – |
|
4032
United States Oil Fund
USO
$2.28B
| $1.29M | ﹤0.01% |
+12,105
| New | +$1.59M |
|
4033
CALL
TKO Group
TKO
$13.9B
| $1.29M | ﹤0.01% |
6,400
+1,200
| +23% | +$234K |
|
4034
Quince Therapeutics
QNCX
$30.1M
| $1.29M | ﹤0.01% |
70,779
+58,260
| +465% | +$1.34M |
|
|
RMAX
4035
DELISTED
RE/MAX Holdings
RMAX
| $1.29M | ﹤0.01% |
+130,490
| New | +$1.14M |
|
4036
Selective Insurance
SIGI
$5.38B
| $1.29M | ﹤0.01% |
13,259
-37,377
| -74% | -$3.23M |
|
|
XOMA
4037
PUT
DELISTED
Xoma
XOMA
| $1.28M | ﹤0.01% |
+30,200
| New | +$1.22M |
|
4038
UGI
UGI
$8.09B
| $1.28M | ﹤0.01% |
37,039
-355,760
| -91% | -$12.6M |
|
4039
Expro Ltd
XPRO
$1.98B
| $1.28M | ﹤0.01% |
86,434
-250,285
| -74% | -$4.02M |
|
|
EMBJ
4040
CALL
Embraer S.A. ADS
EMBJ
$13.4B
| $1.28M | ﹤0.01% |
20,000
-31,100
| -61% | -$1.91M |
|
4041
Merchants Bancorp
MBIN
$2.44B
| $1.28M | ﹤0.01% |
+25,501
| New | +$1.21M |
|
|
APC
4042
ARKO Petroleum
APC
$900M
| $1.27M | ﹤0.01% |
67,638
-85,081
| -56% | -$1.63M |
|
4043
Ducommun
DCO
$2.61B
| $1.27M | ﹤0.01% |
6,879
-101,714
| -94% | -$15.1M |
|
4044
Unicycive Therapeutics
UNCY
$147M
| $1.27M | ﹤0.01% |
271,456
-1,127,892
| -81% | -$8.32M |
|
4045
CALL
Quest Diagnostics
DGX
$25.9B
| $1.27M | ﹤0.01% |
6,000
+3,300
| +122% | +$648K |
|
4046
PUT
FTAI Aviation
FTAI
$19.1B
| $1.27M | ﹤0.01% |
4,700
-48,200
| -91% | -$12.1M |
|
4047
CALL
Coeur Mining
CDE
$21.2B
| $1.27M | ﹤0.01% |
+77,900
| New | +$1.42M |
|
|
HTB
4048
HomeTrust Bancshares
HTB
$803M
| $1.27M | ﹤0.01% |
+25,475
| New | +$1.18M |
|
4049
InflaRx
IFRX
$308M
| $1.27M | ﹤0.01% |
+567,049
| New | +$1.07M |
|
4050
GrowGeneration
GRWG
$90.1M
| $1.27M | ﹤0.01% |
856,653
-170,009
| -17% | -$241K |
|
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.