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 | |
|---|---|---|---|---|---|---|
76
CALL
Alphabet (Google) Class C
GOOG
$3.9T
| $448M | 0.19% |
1,560,200
+237,400
| +18% | +$74.6M |
|
|
CTRA
77
DELISTED
Coterra Energy
CTRA
| $447M | 0.19% |
12,730,854
+10,748,171
| +542% | +$323M |
|
78
CALL
VanEck Semiconductor ETF
SMH
$67.6B
| $430M | 0.18% |
1,120,500
+187,500
| +20% | +$74.4M |
|
|
HOLX
79
DELISTED
Hologic
HOLX
| $427M | 0.18% |
5,651,225
+2,151,209
| +61% | +$162M |
|
80
CALL
ExxonMobil
XOM
$651B
| $425M | 0.18% |
2,506,800
+825,800
| +49% | +$121M |
|
81
Intuitive Surgical
ISRG
$121B
| $420M | 0.17% |
910,292
-576,661
| -39% | -$292M |
|
82
PUT
Visa
V
$677B
| $419M | 0.17% |
1,387,500
+448,700
| +48% | +$144M |
|
83
S&P Global
SPGI
$126B
| $419M | 0.17% |
984,438
-41
| -0% | -$19K |
|
|
84
PUT
Walmart Inc
WMT
$871B
| $415M | 0.17% |
3,342,900
+1,635,100
| +96% | +$201M |
|
85
Cheniere Energy
LNG
$56.5B
| $412M | 0.17% |
1,451,265
-244,509
| -14% | -$56.5M |
|
86
Mastercard
MA
$477B
| $408M | 0.17% |
817,074
+548,900
| +205% | +$289M |
|
87
Huntington Bancshares
HBAN
$35.1B
| $406M | 0.17% |
25,947,023
+23,559,090
| +987% | +$402M |
|
|
88
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $405M | 0.17% |
622,922
-3,024,116
| -83% | -$2.06B |
|
89
PUT
Costco
COST
$415B
| $400M | 0.17% |
401,200
+130,500
| +48% | +$127M |
|
90
Bristol-Myers Squibb
BMY
$127B
| $397M | 0.17% |
6,545,442
+5,801,783
| +780% | +$338M |
|
91
PUT
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $381M | 0.16% |
2,865,600
-114,200
| -4% | -$16.1M |
|
92
IDEX
IEX
$16.5B
| $378M | 0.16% |
1,995,944
+932,181
| +88% | +$184M |
|
93
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$24.1B
| $377M | 0.16% |
8,214,600
-1,679,000
| -17% | -$75.3M |
|
94
UnitedHealth
UNH
$382B
| $367M | 0.15% |
1,356,610
+5,499
| +0.4% | +$1.64M |
|
95
BP
BP
$113B
| $367M | 0.15% |
7,799,720
+3,894,616
| +100% | +$153M |
|
96
CALL
Oracle
ORCL
$331B
| $366M | 0.15% |
2,486,500
+1,216,300
| +96% | +$198M |
|
97
JPMorgan Chase
JPM
$939B
| $361M | 0.15% |
1,226,765
-523,263
| -30% | -$159M |
|
98
Penumbra
PEN
$12.5B
| $361M | 0.15% |
1,098,136
+420,304
| +62% | +$142M |
|
99
Chevron
CVX
$388B
| $358M | 0.15% |
1,732,061
-419,188
| -19% | -$76.4M |
|
100
Invesco QQQ Trust
QQQ
$455B
| $357M | 0.15% |
618,044
+21,134
| +4% | +$12.8M |
|
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.