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 | |
|---|---|---|---|---|---|---|
476
PUT
Strategy Inc
MSTR
$33.5B
| $90.9M | 0.04% |
728,000
+564,900
| +346% | +$80.8M |
|
|
APLS
477
DELISTED
Apellis Pharmaceuticals
APLS
| $90.8M | 0.04% |
2,256,802
+1,310,343
| +138% | +$28.2M |
|
478
Elastic
ESTC
$6.1B
| $90.7M | 0.04% |
1,813,931
+726,794
| +67% | +$44.7M |
|
479
Sea Limited
SE
$61.2B
| $90.2M | 0.04% |
1,089,103
+308,301
| +39% | +$33M |
|
480
ATI
ATI
$27B
| $90.1M | 0.04% |
619,240
+112,359
| +22% | +$15.6M |
|
481
Albemarle
ALB
$13.5B
| $89.9M | 0.04% |
500,967
-175,910
| -26% | -$30M |
|
482
PUT
Capital One
COF
$124B
| $89.9M | 0.04% |
493,000
+93,000
| +23% | +$19.5M |
|
483
Bright Horizons
BFAM
$3.99B
| $89.4M | 0.04% |
1,089,099
-240,154
| -18% | -$20.2M |
|
484
Adobe
ADBE
$89.5B
| $89.2M | 0.04% |
366,902
-63,970
| -15% | -$17.7M |
|
485
CALL
Berkshire Hathaway Class B
BRK.B
$1.07T
| $89M | 0.04% |
185,700
+35,800
| +24% | +$17.6M |
|
486
Wyndham Hotels & Resorts
WH
$5.46B
| $89M | 0.04% |
1,095,458
+1,092,241
| +33,952% | +$85.6M |
|
487
PUT
RTX Corp
RTX
$287B
| $88.5M | 0.04% |
458,700
-139,600
| -23% | -$27.8M |
|
488
General Mills
GIS
$19.2B
| $88.5M | 0.04% |
2,377,272
+1,931,654
| +433% | +$83.9M |
|
489
D.R. Horton
DHI
$41B
| $88.5M | 0.04% |
644,594
+475,804
| +282% | +$71.9M |
|
|
SNDK
490
CALL
Sandisk
SNDK
$213B
| $88.3M | 0.04% |
139,000
+137,600
| +9,829% | +$77.7M |
|
491
Shake Shack
SHAK
$2.3B
| $88.2M | 0.04% |
996,863
+736,058
| +282% | +$67.7M |
|
492
CALL
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $88.1M | 0.04% |
663,000
-366,400
| -36% | -$51.6M |
|
493
Taylor Morrison
TMHC
| $88M | 0.04% |
1,511,086
+811,887
| +116% | +$50.7M |
|
494
Copart
CPRT
$25.9B
| $87.7M | 0.04% |
2,641,053
+1,648,486
| +166% | +$61.9M |
|
495
CALL
Amgen
AMGN
$203B
| $87.7M | 0.04% |
249,200
+38,000
| +18% | +$13.5M |
|
496
ESAB
ESAB
$5.25B
| $87.3M | 0.04% |
902,851
+530,780
| +143% | +$61.5M |
|
497
CALL
Gilead Sciences
GILD
$161B
| $87.1M | 0.04% |
625,200
+232,400
| +59% | +$32.5M |
|
|
MDLN
498
Medline Inc
MDLN
$32.8B
| $87M | 0.04% |
1,955,949
+1,771,404
| +960% | +$78.2M |
|
499
CALL
Home Depot
HD
$332B
| $86.7M | 0.04% |
263,700
-269,200
| -51% | -$98.1M |
|
500
NorthWestern Energy
NWE
$4.48B
| $86.7M | 0.04% |
1,314,488
+393,934
| +43% | +$26.7M |
|
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.