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 | |
|---|---|---|---|---|---|---|
1876
CALL
Super Micro Computer
SMCI
$17.9B
| $12.8M | 0.01% |
560,300
+210,200
| +60% | +$6.31M |
|
1877
First Merchants
FRME
$2.69B
| $12.7M | 0.01% |
328,936
-28,490
| -8% | -$1.11M |
|
1878
Kura Oncology
KURA
$826M
| $12.7M | 0.01% |
1,565,143
-19,256
| -1% | -$165K |
|
1879
PUT
AGNC Investment
AGNC
$12.7B
| $12.7M | 0.01% |
1,268,200
+99,400
| +9% | +$1.1M |
|
1880
PUT
NRG Energy
NRG
$28.3B
| $12.7M | 0.01% |
87,000
+64,300
| +283% | +$10.1M |
|
1881
CALL
Vale
VALE
$63.8B
| $12.7M | 0.01% |
798,300
+488,000
| +157% | +$7.62M |
|
1882
RxSight
RXST
$252M
| $12.7M | 0.01% |
2,059,459
-69,579
| -3% | -$578K |
|
1883
Factset
FDS
$9.35B
| $12.7M | 0.01% |
58,443
-65,943
| -53% | -$15.4M |
|
1884
Corvus Pharmaceuticals
CRVS
$1.11B
| $12.7M | 0.01% |
866,362
+177,592
| +26% | +$2.83M |
|
1885
PUT
Dollar General
DG
$28.1B
| $12.7M | 0.01% |
106,700
-140,600
| -57% | -$20M |
|
1886
Enviri
NVRI
$624M
| $12.6M | 0.01% |
640,746
+572,869
| +844% | +$10.6M |
|
1887
CALL
CSX Corp
CSX
$93B
| $12.5M | 0.01% |
305,600
+106,600
| +54% | +$4.18M |
|
1888
PUT
KKR & Co
KKR
$90.7B
| $12.5M | 0.01% |
135,500
-21,900
| -14% | -$2.31M |
|
1889
Universal Display
OLED
$3.76B
| $12.5M | 0.01% |
136,594
-267,178
| -66% | -$29.5M |
|
1890
World Acceptance Corp
WRLD
$840M
| $12.5M | 0.01% |
92,686
+25,037
| +37% | +$3.36M |
|
1891
CALL
PG&E
PCG
$39.2B
| $12.5M | 0.01% |
712,300
+527,100
| +285% | +$8.97M |
|
1892
PUT
FedEx
FDX
$73B
| $12.5M | 0.01% |
35,100
-57,200
| -62% | -$19.9M |
|
1893
CBIZ
CBZ
$3B
| $12.5M | 0.01% |
464,648
+433,043
| +1,370% | +$15.3M |
|
1894
Avalo Therapeutics
AVTX
$1.03B
| $12.5M | 0.01% |
835,484
+175,505
| +27% | +$2.74M |
|
1895
Delek US
DK
$4.15B
| $12.5M | 0.01% |
276,674
-146,193
| -35% | -$5.22M |
|
1896
PUT
Royal Caribbean
RCL
$86.1B
| $12.5M | 0.01% |
45,300
+12,000
| +36% | +$3.57M |
|
1897
Duke Energy
DUK
$98.4B
| $12.5M | 0.01% |
95,149
+46,178
| +94% | +$5.77M |
|
1898
CALL
Kroger
KR
$35.4B
| $12.4M | 0.01% |
172,000
+47,000
| +38% | +$3.18M |
|
|
AXIA
1899
AXIA Energia
AXIA
$23.9B
| $12.4M | 0.01% |
1,101,913
+173,649
| +19% | +$1.88M |
|
|
OPTU
1900
Optimum Communications Inc
OPTU
$290M
| $12.4M | 0.01% |
9,523,665
-5,311,249
| -36% | -$8.35M |
|
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.