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 | |
|---|---|---|---|---|---|---|
|
MMED
1001
MiniMed Group Inc
MMED
$4.73B
| $38.7M | 0.02% |
+2,593,434
| New | +$42.8M |
|
1002
Comcast
CMCSA
$79.1B
| $38.7M | 0.02% |
1,347,669
-5,787,243
| -81% | -$173M |
|
1003
CALL
Freeport-McMoran
FCX
$90B
| $38.6M | 0.02% |
657,500
-603,900
| -48% | -$36.5M |
|
1004
Compass
COMP
$8.27B
| $38.6M | 0.02% |
5,283,015
+1,269,851
| +32% | +$13.3M |
|
1005
Polaris
PII
$4.15B
| $38.6M | 0.02% |
708,151
+435,358
| +160% | +$27.3M |
|
|
KALV
1006
DELISTED
KalVista Pharmaceuticals
KALV
| $38.5M | 0.02% |
1,912,146
-984,520
| -34% | -$15.9M |
|
1007
State Street SPDR Dow Jones REIT ETF
RWR
$1.93B
| $38.4M | 0.02% |
380,738
-52,341
| -12% | -$5.4M |
|
1008
Robert Half
RHI
$3.61B
| $38.4M | 0.02% |
1,513,324
+1,437,867
| +1,906% | +$38M |
|
|
EXK
1009
Endeavour Silver
EXK
$2.32B
| $38.3M | 0.02% |
4,114,247
+1,797,470
| +78% | +$20.3M |
|
1010
nLIGHT
LASR
$3.95B
| $38.3M | 0.02% |
671,784
+584,664
| +671% | +$31.7M |
|
1011
CALL
Merck
MRK
$324B
| $38.3M | 0.02% |
318,200
-96,700
| -23% | -$11.2M |
|
1012
Littelfuse
LFUS
$10.2B
| $38.3M | 0.02% |
112,791
+110,480
| +4,781% | +$35.9M |
|
1013
Iron Mountain
IRM
$38.2B
| $38.2M | 0.02% |
374,463
-114,551
| -23% | -$11.4M |
|
1014
PUT
Workday
WDAY
$33.4B
| $38.2M | 0.02% |
294,200
-147,500
| -33% | -$23.4M |
|
1015
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
| $38.2M | 0.02% |
440,470
-575,486
| -57% | -$50.6M |
|
1016
KeyCorp
KEY
$24.3B
| $38.2M | 0.02% |
1,904,360
+165,842
| +10% | +$3.47M |
|
1017
Q2 Holdings
QTWO
$3.42B
| $38.1M | 0.02% |
806,549
+532,877
| +195% | +$30M |
|
1018
ARK 21Shares Bitcoin ETF
ARKB
$2.45B
| $38.1M | 0.02% |
1,695,644
-2,618,494
| -61% | -$66.4M |
|
1019
CALL
Rocket Lab Corp
RKLB
$39.9B
| $38.1M | 0.02% |
593,700
+571,600
| +2,586% | +$43.1M |
|
1020
PUT
Lennar Class A
LEN
$20.4B
| $38M | 0.02% |
437,500
+364,800
| +502% | +$39.4M |
|
1021
CALL
JD.com
JD
$40.8B
| $38M | 0.02% |
1,284,300
-556,600
| -30% | -$15.7M |
|
1022
AeroVironment
AVAV
$7.57B
| $37.8M | 0.02% |
206,712
+192,006
| +1,306% | +$50.6M |
|
1023
Cactus
WHD
$3.83B
| $37.8M | 0.02% |
798,109
+379,919
| +91% | +$19.9M |
|
|
SAIL
1024
SailPoint Inc
SAIL
$8.48B
| $37.7M | 0.02% |
+2,848,360
| New | +$44.5M |
|
|
NAVN
1025
Navan Inc
NAVN
$5.9B
| $37.6M | 0.02% |
2,842,028
+2,647,422
| +1,360% | +$31.4M |
|
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.