Millennium Management Portfolio holdings
Millennium Management is a multistrategy hedge fund firm, started in 1989 by Israel Englander along with Ronald Shear, an acquaintance from the American Stock Exchange who left after six months. Englander remains its principal. It works as a platform: many separate investment teams, each with a portfolio manager given money to trade in a variety of strategies. Its teams research and pick individual companies, run computer-driven strategies, and trade fixed income, commodities and credit. In 2018 it launched a joint venture with WorldQuant, a computer-driven investment firm. Its clients include state and local government bodies and sovereign wealth funds.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.07B |
| 2 |
SpaceX
SPCX
|
+$2.99B |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$1.11B |
| 4 |
Microsoft
MSFT
|
+$584M |
| 5 |
Bloom Energy
BE
|
+$547M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$1.65B |
| 2 |
Marvell Technology
MRVL
|
+$1.16B |
| 3 |
Apple
AAPL
|
+$1.12B |
| 4 |
Sandisk
SNDK
|
+$1.11B |
| 5 |
Micron Technology
MU
|
+$816M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 55.34% |
| 2 | Technology | 9.51% |
| 3 | Industrials | 7.56% |
| 4 | Financials | 5.78% |
| 5 | Healthcare | 5.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
2101
PUT
American Airlines Group
AAL
$9.06B
| $11.2M | ﹤0.01% |
619,200
-713,100
| -54% | -$9.5M |
2018 Q3
31 quarters
|
|
2102
Exelon
EXC
$47.9B
| $11.2M | ﹤0.01% |
239,624
+191,270
| +396% | +$8.85M |
2020 Q2
24 quarters
|
|
2103
Sally Beauty Holdings
SBH
$1.8B
| $11.1M | ﹤0.01% |
788,145
+42,467
| +6% | +$573K |
2021 Q2
20 quarters
|
|
2104
AppFolio
APPF
$8.38B
| $11.1M | ﹤0.01% |
69,418
-72,650
| -51% | -$11.6M |
2023 Q2
12 quarters
|
|
2105
Annaly Capital Management
NLY
$14.9B
| $11.1M | ﹤0.01% |
497,711
-739,682
| -60% | -$16.3M |
2023 Q3
11 quarters
|
|
2106
CALL
United Rentals
URI
$69.8B
| $11.1M | ﹤0.01% |
9,800
+1,000
| +11% | +$951K |
2021 Q2
20 quarters
|
|
2107
Nomura Holdings
NMR
$28.6B
| $11.1M | ﹤0.01% |
1,264,108
+403,415
| +47% | +$3.36M |
2024 Q2
8 quarters
|
|
2108
PUT
3M
MMM
$100B
| $11.1M | ﹤0.01% |
68,500
-33,800
| -33% | -$5.12M |
2020 Q1
25 quarters
|
|
2109
Wise Group
WSE
$11.2B
| $11.1M | ﹤0.01% |
+930,589
| New | +$11.1M |
2026 Q2
0 quarters
|
|
2110
Relay Therapeutics
RLAY
$3.96B
| $11.1M | ﹤0.01% |
591,675
+243,942
| +70% | +$3.54M |
2023 Q2
12 quarters
|
|
2111
CALL
TE Connectivity
TEL
$63.4B
| $11M | ﹤0.01% |
54,800
+26,300
| +92% | +$5.6M |
2025 Q2
4 quarters
|
|
2112
PUT
IonQ
IONQ
$12.5B
| $11M | ﹤0.01% |
207,400
+134,300
| +184% | +$6.81M |
2025 Q4
2 quarters
|
|
2113
Shenandoah Telecom
SHEN
$574M
| $11M | ﹤0.01% |
731,426
-461,783
| -39% | -$7.27M |
2024 Q3
7 quarters
|
|
2114
PUT
Quanta Services
PWR
$86.7B
| $11M | ﹤0.01% |
15,300
+6,200
| +68% | +$4.24M |
2022 Q4
14 quarters
|
|
2115
CALL
AST SpaceMobile
ASTS
$10.7B
| $11M | ﹤0.01% |
123,900
+94,300
| +319% | +$8.23M |
2025 Q4
2 quarters
|
|
2116
Calumet Specialty Products
CLMT
$3.8B
| $11M | ﹤0.01% |
305,557
+266,784
| +688% | +$8.97M |
2025 Q1
5 quarters
|
|
2117
La-Z-Boy
LZB
$1.32B
| $11M | ﹤0.01% |
274,123
+130,517
| +91% | +$4.72M |
2022 Q2
16 quarters
|
|
2118
Aris Mining
ARIS
$3.26B
| $11M | ﹤0.01% |
+736,238
| New | +$13.2M |
2026 Q2
0 quarters
|
|
2119
MacroGenics
MGNX
$147M
| $11M | ﹤0.01% |
2,374,296
-420,061
| -15% | -$1.59M |
2014 Q1
49 quarters
|
|
2120
Lamb Weston
LW
$7.76B
| $11M | ﹤0.01% |
253,817
+204,201
| +412% | +$8.81M |
2016 Q4
38 quarters
|
|
2121
Strategic Education
STRA
$1.66B
| $11M | ﹤0.01% |
142,958
+18,224
| +15% | +$1.44M |
2022 Q2
16 quarters
|
|
2122
Compass Pathways
CMPS
$1.19B
| $10.9M | ﹤0.01% |
770,987
-2,367,535
| -75% | -$24M |
2021 Q4
18 quarters
|
|
2123
Fortrea Holdings
FTRE
$2.02B
| $10.9M | ﹤0.01% |
626,489
+373,824
| +148% | +$5.05M |
2024 Q4
6 quarters
|
|
2124
CALL
Solaris Energy Infrastructure
SEI
$3.77B
| $10.9M | ﹤0.01% |
+135,400
| New | +$9.7M |
2026 Q2
0 quarters
|
|
2125
PUT
GSK
GSK
$102B
| $10.9M | ﹤0.01% |
207,500
+15,600
| +8% | +$825K |
2026 Q1
1 quarter
|
|
Similar funds
Millennium Management's Q2 2026 Portfolio in Review
As of Q2 2026, Millennium Management held 6,628 positions worth $276B, up 15% from $240B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Millennium Management's Q2 2026 filing shows 986 new, 2,006 increased, 2,341 reduced and 833 closed positions. Its largest new stake was SpaceX: 17,604,863 shares worth $2.98B. The largest sale was State Street SPDR Portfolio S&P 500 ETF, an estimated $1.65B.
By sector, the portfolio is most concentrated in Miscellaneous at 55% of assets, up from 54% a quarter earlier, followed by Technology and Industrials.
- Millennium Management's largest Q2 2026 buy was SpaceX: 17,604,863 shares worth $2.98B.
- Millennium Management added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $3.07B increase.
- Millennium Management's biggest Q2 2026 reduction was Marvell Technology, cutting an estimated $1.16B.
- Millennium Management fully exited State Street SPDR Portfolio S&P 500 ETF in Q2 2026, selling an estimated $1.65B.
- Millennium Management's ten largest holdings make up 18% of its $276B portfolio in Q2 2026.
- Millennium Management opened 986 new positions and closed 833 in Q2 2026.
- Millennium Management's portfolio value rose 15% quarter-over-quarter to $276B.
Based on Millennium Management's 13F filing for Q2 2026, filed 14 Aug 2026.