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 | |
|---|---|---|---|---|---|---|
1901
American Battery Technology Co
ABAT
$278M
| $12.4M | 0.01% |
4,427,340
+1,246,705
| +39% | +$4.81M |
|
1902
Euronet Worldwide
EEFT
$2.92B
| $12.3M | 0.01% |
185,724
-67,130
| -27% | -$4.8M |
|
1903
Curtiss-Wright
CW
$26.5B
| $12.3M | 0.01% |
18,093
-219,460
| -92% | -$146M |
|
1904
PACS Group
PACS
$7.44B
| $12.3M | 0.01% |
383,003
+354,207
| +1,230% | +$13M |
|
1905
Kohl's
KSS
$2.21B
| $12.3M | 0.01% |
953,468
+234,928
| +33% | +$3.96M |
|
1906
CALL
Cummins
CMI
$87.3B
| $12.3M | 0.01% |
22,800
-1,000
| -4% | -$566K |
|
1907
Biohaven
BHVN
$2.08B
| $12.2M | 0.01% |
1,447,886
+123,639
| +9% | +$1.35M |
|
1908
PUT
ARK Innovation ETF
ARKK
$5.77B
| $12.2M | 0.01% |
+181,200
| New | +$13.4M |
|
1909
Boise Cascade
BCC
$2.65B
| $12.2M | 0.01% |
161,345
+111,705
| +225% | +$8.95M |
|
1910
Orthofix Medical
OFIX
$477M
| $12.2M | 0.01% |
1,066,900
-374,367
| -26% | -$4.94M |
|
1911
NNN REIT
NNN
$9.16B
| $12.2M | 0.01% |
290,961
-119,100
| -29% | -$5.13M |
|
1912
CALL
Lumentum
LITE
$53.9B
| $12.2M | 0.01% |
17,400
+8,500
| +96% | +$4.67M |
|
|
DMRA
1913
Damora Therapeutics, Inc. Ordinary Shares
DMRA
$1.8B
| $12.2M | 0.01% |
+471,646
| New | +$12.1M |
|
1914
Henry Schein
HSIC
$9.7B
| $12.2M | 0.01% |
165,693
+73,014
| +79% | +$5.64M |
|
|
CUK
1915
DELISTED
Carnival PLC
CUK
| $12.2M | 0.01% |
472,933
-259,384
| -35% | -$7.52M |
|
1916
CNO Financial Group
CNO
$4.99B
| $12.2M | 0.01% |
296,820
+135,192
| +84% | +$5.65M |
|
1917
Terreno Realty
TRNO
$7.65B
| $12.2M | 0.01% |
198,197
+168,744
| +573% | +$10.6M |
|
1918
CALL
CME Group
CME
$96.1B
| $12.2M | 0.01% |
41,200
+36,800
| +836% | +$10.9M |
|
1919
Rambus
RMBS
$9.72B
| $12.2M | 0.01% |
141,314
-121,264
| -46% | -$12.1M |
|
|
SGP
1920
SpyGlass Pharma
SGP
$760M
| $12.1M | 0.01% |
+468,794
| New | +$12.6M |
|
1921
GE HealthCare
GEHC
$31.6B
| $12.1M | 0.01% |
170,622
+165,738
| +3,393% | +$13.1M |
|
1922
Lifestance Health
LFST
$4.1B
| $12.1M | 0.01% |
1,899,049
+194,034
| +11% | +$1.35M |
|
1923
National Vision
EYE
$1.79B
| $12.1M | 0.01% |
466,668
-157,225
| -25% | -$4.27M |
|
1924
PUT
State Street SPDR S&P Retail ETF
XRT
$453M
| $12.1M | 0.01% |
150,000
| – | – |
|
|
B
1925
PUT
Barrick Mining
B
$63.2B
| $12M | 0.01% |
295,300
-508,600
| -63% | -$23.5M |
|
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.