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 | |
|---|---|---|---|---|---|---|
1501
Inspire Medical Systems
INSP
$1.47B
| $19.9M | 0.01% |
386,146
+184,006
| +91% | +$12.9M |
|
|
BCPC
1502
Balchem Corp
BCPC
$5.29B
| $19.9M | 0.01% |
117,334
+33,862
| +41% | +$5.75M |
|
1503
iShares Silver Trust
SLV
$28.3B
| $19.9M | 0.01% |
291,704
-618,551
| -68% | -$47M |
|
1504
Under Armour
UAA
$3.02B
| $19.9M | 0.01% |
3,362,594
+1,882,178
| +127% | +$12.2M |
|
1505
Skywest
SKYW
$4.37B
| $19.8M | 0.01% |
216,059
+5,147
| +2% | +$507K |
|
1506
Hyatt Hotels
H
$18B
| $19.7M | 0.01% |
137,324
-124,921
| -48% | -$19.8M |
|
|
CRCL
1507
CALL
Circle Internet Group
CRCL
$16.3B
| $19.7M | 0.01% |
206,900
+190,500
| +1,162% | +$16.1M |
|
1508
CALL
Ferrari
RACE
$66.8B
| $19.7M | 0.01% |
66,700
+61,600
| +1,208% | +$21.6M |
|
1509
UBS Group
UBS
$172B
| $19.7M | 0.01% |
504,544
+281,291
| +126% | +$12M |
|
|
DMII
1510
Drugs Made In America Acquisition II Corp
DMII
$644M
| $19.7M | 0.01% |
1,976,425
+476,425
| +32% | +$4.75M |
|
1511
Align Technology
ALGN
$12B
| $19.6M | 0.01% |
114,532
-666,295
| -85% | -$117M |
|
1512
OrthoPediatrics
KIDS
$509M
| $19.6M | 0.01% |
1,236,899
-159,596
| -11% | -$2.79M |
|
1513
PUT
Sun Life Financial
SLF
$46B
| $19.6M | 0.01% |
225,000
-150,000
| -40% | -$9.59M |
|
1514
Wheaton Precious Metals
WPM
$50.9B
| $19.6M | 0.01% |
149,642
-177,790
| -54% | -$24.7M |
|
1515
Rubrik
RBRK
$15.4B
| $19.6M | 0.01% |
399,690
-817,164
| -67% | -$46.9M |
|
1516
NextDecade
NEXT
$1.7B
| $19.6M | 0.01% |
2,553,841
+1,667,718
| +188% | +$9.48M |
|
|
BGSI
1517
Boyd Group Services
BGSI
$3B
| $19.5M | 0.01% |
152,901
+47,161
| +45% | +$7.59M |
|
1518
Humana
HUM
$45.8B
| $19.5M | 0.01% |
+112,618
| New | +$23.1M |
|
1519
PUT
Roblox
RBLX
$34.7B
| $19.5M | 0.01% |
345,200
+271,400
| +368% | +$18.2M |
|
1520
iShares US Real Estate ETF
IYR
$4.73B
| $19.5M | 0.01% |
206,361
+151,722
| +278% | +$14.7M |
|
1521
Yum! Brands
YUM
$40.7B
| $19.5M | 0.01% |
125,468
+114,862
| +1,083% | +$18.2M |
|
1522
American Water Works
AWK
$26.3B
| $19.5M | 0.01% |
143,324
-34,978
| -20% | -$4.62M |
|
1523
CALL
MarketAxess Holdings
MKTX
$4.19B
| $19.5M | 0.01% |
118,200
+67,000
| +131% | +$11.7M |
|
1524
PPG Industries
PPG
$26.4B
| $19.5M | 0.01% |
182,327
-282,258
| -61% | -$32M |
|
|
MTAL.U
1525
Metals Acquisition Corp II Units
MTAL.U
| $19.5M | 0.01% |
+1,930,000
| New | +$19.5M |
|
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.