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 | |
|---|---|---|---|---|---|---|
176
Tradeweb Markets
TW
$21.3B
| $232M | 0.1% |
1,968,423
+1,600,234
| +435% | +$183M |
|
177
PUT
Verizon
VZ
$194B
| $231M | 0.1% |
4,592,200
+2,025,200
| +79% | +$93.9M |
|
178
Cummins
CMI
$91.7B
| $227M | 0.09% |
421,350
+161,734
| +62% | +$91.5M |
|
179
PUT
Wells Fargo
WFC
$261B
| $226M | 0.09% |
2,839,700
+372,400
| +15% | +$32M |
|
180
PUT
Caterpillar
CAT
$409B
| $226M | 0.09% |
319,000
-48,600
| -13% | -$33.7M |
|
181
O'Reilly Automotive
ORLY
$72.4B
| $226M | 0.09% |
2,442,944
+1,900,418
| +350% | +$178M |
|
182
PUT
Cisco
CSCO
$450B
| $221M | 0.09% |
2,848,100
+484,400
| +20% | +$37.9M |
|
183
GE Vernova
GEV
$270B
| $221M | 0.09% |
253,060
+121,702
| +93% | +$95M |
|
|
CWAN
184
DELISTED
Clearwater Analytics
CWAN
| $220M | 0.09% |
9,294,096
+7,801,395
| +523% | +$185M |
|
185
HubSpot
HUBS
$10.5B
| $220M | 0.09% |
900,179
+456,103
| +103% | +$128M |
|
186
DoorDash
DASH
$75.3B
| $219M | 0.09% |
1,460,904
+1,390,532
| +1,976% | +$257M |
|
187
Datadog
DDOG
$87.9B
| $218M | 0.09% |
1,843,266
+1,623,627
| +739% | +$200M |
|
188
Phillips 66
PSX
$82.9B
| $218M | 0.09% |
1,194,043
+952,144
| +394% | +$149M |
|
189
Home Depot
HD
$332B
| $217M | 0.09% |
659,476
-92,576
| -12% | -$33.7M |
|
|
190
PUT
Warner Bros
WBD
$64.6B
| $215M | 0.09% |
7,830,300
-491,800
| -6% | -$13.8M |
|
191
CALL
Citigroup
C
$222B
| $215M | 0.09% |
1,891,400
+1,435,200
| +315% | +$163M |
|
192
PUT
Lam Research
LRCX
$382B
| $214M | 0.09% |
1,000,900
-303,500
| -23% | -$67.9M |
|
193
Sempra
SRE
$60.8B
| $213M | 0.09% |
2,196,601
-270,549
| -11% | -$24.8M |
|
194
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
| $212M | 0.09% |
2,448,000
+936,800
| +62% | +$82.4M |
|
195
TechnipFMC
FTI
$30.6B
| $212M | 0.09% |
3,068,393
+1,870,790
| +156% | +$112M |
|
196
Coherent
COHR
$55.2B
| $212M | 0.09% |
889,073
-373,187
| -30% | -$85.5M |
|
|
GTLS
197
DELISTED
Chart Industries
GTLS
| $212M | 0.09% |
1,024,056
-562,532
| -35% | -$116M |
|
198
DTE Energy
DTE
$31.1B
| $210M | 0.09% |
1,437,598
-1,291,628
| -47% | -$182M |
|
199
Target
TGT
$62.1B
| $210M | 0.09% |
1,730,657
+823,512
| +91% | +$92.9M |
|
200
PennyMac Financial
PFSI
$4.38B
| $209M | 0.09% |
2,385,760
+2,325,644
| +3,869% | +$250M |
|
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.