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 | |
|---|---|---|---|---|---|---|
76
Intercontinental Exchange
ICE
$88.6B
| $513M | 0.19% |
4,166,481
+2,157,513
| +107% | +$324M |
|
77
Chevron
CVX
$416B
| $507M | 0.18% |
3,056,388
+1,324,327
| +76% | +$246M |
|
78
Advanced Micro Devices
AMD
$805B
| $502M | 0.18% |
863,984
-579,577
| -40% | -$238M |
|
79
Cheniere Energy
LNG
$56.6B
| $495M | 0.18% |
2,069,180
+617,915
| +43% | +$154M |
|
80
PUT
Lam Research
LRCX
$342B
| $487M | 0.18% |
1,123,500
+122,600
| +12% | +$37.2M |
|
81
Blackrock
BLK
$165B
| $476M | 0.17% |
495,262
-146,296
| -23% | -$151M |
|
82
CBRE Group
CBRE
$40.8B
| $453M | 0.16% |
3,360,979
-933,170
| -22% | -$129M |
|
83
CALL
State Street Energy Select Sector SPDR ETF
XLE
$42.4B
| $447M | 0.16% |
8,411,700
+59,400
| +0.7% | +$3.4M |
|
84
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.5B
| $436M | 0.16% |
3,720,100
-704,800
| -16% | -$82.3M |
|
85
CALL
Caterpillar
CAT
$360B
| $434M | 0.16% |
407,600
+234,200
| +135% | +$206M |
|
86
PUT
Costco
COST
$408B
| $431M | 0.16% |
461,000
+59,800
| +15% | +$59.6M |
|
87
CALL
Carlyle Group
CG
$14.9B
| $421M | 0.15% |
10,000,000
+8,550,000
| +590% | +$402M |
|
88
CALL
Applied Materials
AMAT
$337B
| $420M | 0.15% |
581,400
+127,200
| +28% | +$58.7M |
|
89
MSCI
MSCI
$40.3B
| $416M | 0.15% |
741,928
+129,769
| +21% | +$75.7M |
|
90
Invesco
IVZ
$13.9B
| $414M | 0.15% |
15,689,569
-5,959,106
| -28% | -$158M |
|
91
Danaher
DHR
$143B
| $408M | 0.15% |
2,140,587
+1,957,762
| +1,071% | +$355M |
|
92
PUT
JPMorgan Chase
JPM
$931B
| $405M | 0.15% |
1,238,200
+59,200
| +5% | +$18.4M |
|
93
Tesla
TSLA
$1.42T
| $405M | 0.15% |
962,443
-610,160
| -39% | -$243M |
|
94
Packaging Corp of America
PKG
$20.8B
| $403M | 0.15% |
1,692,740
+577,075
| +52% | +$127M |
|
95
CALL
State Street Financial Select Sector SPDR ETF
XLF
$54.5B
| $402M | 0.15% |
7,497,900
-2,947,850
| -28% | -$153M |
|
96
Mastercard
MA
$503B
| $399M | 0.14% |
776,247
-40,827
| -5% | -$20.4M |
|
|
97
PUT
Caterpillar
CAT
$360B
| $393M | 0.14% |
369,200
+50,200
| +16% | +$44.1M |
|
98
Wells Fargo
WFC
$268B
| $392M | 0.14% |
4,748,679
+1,199,860
| +34% | +$96.4M |
|
99
Lennox International
LII
$12.6B
| $392M | 0.14% |
683,440
+500,274
| +273% | +$255M |
|
100
AbbVie
ABBV
$463B
| $382M | 0.14% |
1,516,475
+840,718
| +124% | +$181M |
|
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.