Millennium Management Portfolio holdings
Millennium Management is a multistrategy hedge fund firm, started in 1989 by Israel Englander along with Ronald Shear, an acquaintance from the American Stock Exchange who left after six months. Englander remains its principal. It works as a platform: many separate investment teams, each with a portfolio manager given money to trade in a variety of strategies. Its teams research and pick individual companies, run computer-driven strategies, and trade fixed income, commodities and credit. In 2018 it launched a joint venture with WorldQuant, a computer-driven investment firm. Its clients include state and local government bodies and sovereign wealth funds.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.07B |
| 2 |
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 |
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$1.65B |
| 2 |
Marvell Technology
MRVL
|
+$1.16B |
| 3 |
Apple
AAPL
|
+$1.12B |
| 4 |
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 | Held Since | |
|---|---|---|---|---|---|---|---|
51
PUT
TSMC
TSM
$2.24T
| $691M | 0.25% |
1,446,900
-224,500
| -13% | -$91.1M |
2020 Q4
22 quarters
|
|
52
Invesco QQQ Trust
QQQ
$483B
| $688M | 0.25% |
933,655
+315,611
| +51% | +$217M |
2017 Q2
36 quarters
|
|
53
UnitedHealth
UNH
$369B
| $672M | 0.24% |
1,617,653
+261,043
| +19% | +$96.8M |
2014 Q3
47 quarters
|
|
54
PUT
Nebius Group N.V.
NBIS
$46.8B
| $658M | 0.24% |
2,382,700
+1,779,900
| +295% | +$352M |
2025 Q2
4 quarters
|
|
55
CALL
VanEck Semiconductor ETF
SMH
$70.2B
| $654M | 0.24% |
996,700
-123,800
| -11% | -$67.5M |
2024 Q4
6 quarters
|
|
56
CALL
Tesla
TSLA
$1.59T
| $646M | 0.23% |
1,536,700
-195,300
| -11% | -$77.7M |
2020 Q1
25 quarters
|
|
57
PUT
Applied Materials
AMAT
$335B
| $631M | 0.23% |
872,500
+11,900
| +1% | +$5.49M |
2018 Q2
32 quarters
|
|
58
NRG Energy
NRG
$20.5B
| $622M | 0.23% |
4,257,712
+2,271,751
| +114% | +$327M |
2013 Q2
52 quarters
|
|
59
CALL
Broadcom
AVGO
$1.65T
| $618M | 0.22% |
1,635,700
-90,100
| -5% | -$36.1M |
2018 Q2
32 quarters
|
|
60
American Electric Power
AEP
$70.4B
| $614M | 0.22% |
4,488,072
+336,714
| +8% | +$44.4M |
2013 Q2
52 quarters
|
|
61
Seagate
STX
$161B
| $611M | 0.22% |
633,069
+382,790
| +153% | +$292M |
2024 Q1
9 quarters
|
|
62
CALL
iShares MSCI Emerging Markets ETF
EEM
$29.1B
| $611M | 0.22% |
8,926,500
+3,838,600
| +75% | +$251M |
2017 Q4
34 quarters
|
|
63
CALL
Intel
INTC
$487B
| $601M | 0.22% |
4,307,600
+958,300
| +29% | +$96.9M |
2018 Q4
30 quarters
|
|
|
64
Micron Technology
MU
$1.06T
| $597M | 0.22% |
517,125
-1,087,952
| -68% | -$816M |
2013 Q2
52 quarters
|
|
65
PUT
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $592M | 0.21% |
3,105,200
+239,600
| +8% | +$40.9M |
2018 Q4
30 quarters
|
|
66
PUT
Palantir
PLTR
$472B
| $585M | 0.21% |
5,018,100
+739,900
| +17% | +$101M |
2023 Q1
13 quarters
|
|
67
PUT
Palo Alto Networks
PANW
$311B
| $578M | 0.21% |
1,694,900
+190,400
| +13% | +$43.6M |
2019 Q3
27 quarters
|
|
68
PUT
AstraZeneca
AZN
$270B
| $564M | 0.2% |
40,000
-400
| -1% | -$75.2K |
2022 Q1
17 quarters
|
|
69
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$48B
| $555M | 0.2% |
6,424,900
+3,976,900
| +162% | +$341M |
2022 Q1
17 quarters
|
|
70
PUT
Eli Lilly
LLY
$1.22T
| $551M | 0.2% |
459,800
-38,700
| -8% | -$39.5M |
2019 Q3
27 quarters
|
|
71
PUT
Netflix
NFLX
$258B
| $550M | 0.2% |
7,706,000
-212,600
| -3% | -$18.7M |
2018 Q3
31 quarters
|
|
|
72
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$48B
| $544M | 0.2% |
6,295,700
+5,389,400
| +595% | +$463M |
2020 Q2
24 quarters
|
|
73
Credo Technology Group
CRDO
$31.1B
| $543M | 0.2% |
1,997,808
+1,280,822
| +179% | +$253M |
2023 Q1
13 quarters
|
|
74
IDEX
IEX
$17.6B
| $538M | 0.19% |
2,369,834
+373,890
| +19% | +$79.1M |
2017 Q3
35 quarters
|
|
75
CALL
Alphabet (Google) Class C
GOOG
$3.45T
| $529M | 0.19% |
1,496,800
-63,400
| -4% | -$22.7M |
2022 Q2
16 quarters
|
|
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.