Millennium Management Portfolio
Millennium Management 13F filer (CIK 0001273087).
Q2 2026 · 3942 positions · Total reported value $259.85B · Top-10 concentration 29.1%
Turnover: 61.9% · 524 new · 1681 cut · 614 exited
Active Share (vs S&P 500): 57.0% · vs QQQ: 72.9% — share of the book that differs from index weights (higher = more active) · ranking
In its Q2 2026 13F filing, Millennium Management disclosed 3942 equity positions with a combined reported value of $259.85B. The filing implies a moderately concentrated portfolio: its ten largest positions account for 29.1% of reported value. HoldingsHub classifies the profile as Mega / High Turnover.
The largest disclosed positions as of Q2 2026 were IWM ($14.51B), IVV ($10.86B), SPY ($10.39B). By sector, the heaviest allocations are Technology 27.6%, Consumer Discretionary 10.8%. Versus the prior quarter, allocation shifted toward Technology (+4.3pp), Other (+1.9pp) and away from Energy (-0.9pp), Consumer Discretionary (-1.3pp).
Versus the prior quarter, Millennium Management opened 524 new positions, trimmed 1681 and fully exited 614, a turnover rate of 61.9% of positions. The portfolio's overlap with the prior quarter was 75% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
Sector Allocation
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | IWM | ISHARES TR | 48.29M | $14.51B | 5.58% | Reduce |
| 2 | IVV | ISHARES TR | 14.50M | $10.86B | 4.18% | Add |
| 3 | SPY | STATE STR SPDR S&P 500 ETF T | 13.91M | $10.39B | 4.00% | Add |
| 4 | NVDA | NVIDIA CORPORATION | 45.17M | $9.04B | 3.48% | Add |
| 5 | QQQ | INVESCO QQQ TR | 10.43M | $7.68B | 2.96% | Reduce |
| 6 | MU | MICRON TECHNOLOGY INC | 4.33M | $5.00B | 1.93% | Reduce |
| 7 | MSFT | MICROSOFT CORP | 13.27M | $4.95B | 1.91% | Add |
| 8 | AMZN | AMAZON COM INC | 18.65M | $4.45B | 1.71% | Add |
| 9 | AMD | ADVANCED MICRO DEVICES INC | 7.50M | $4.36B | 1.68% | Reduce |
| 10 | AAPL | APPLE INC | 14.70M | $4.25B | 1.64% | Reduce |
| 11 | META | META PLATFORMS INC. CLASS A | 6.32M | $3.56B | 1.37% | Reduce |
| 12 | TSLA | TESLA INC | 6.00M | $2.53B | 0.97% | Reduce |
| 13 | SMH | VANECK ETF TRUST | 3.32M | $2.18B | 0.84% | Add |
| 14 | AVGO | BROADCOM INC | 5.60M | $2.12B | 0.81% | Reduce |
| 15 | XLE | SELECT SECTOR SPDR TR | 33.72M | $1.79B | 0.69% | Add |
| 16 | INTC | INTEL CORP | 12.60M | $1.76B | 0.68% | Reduce |
| 17 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 3.54M | $1.69B | 0.65% | Reduce |
| 18 | WBD | WARNER BROS DISCOVERY INC | 63.22M | $1.69B | 0.65% | Add |
| 19 | GOOG | ALPHABET INC | 4.70M | $1.66B | 0.64% | Reduce |
| 20 | EEM | ISHARES TR | 24.02M | $1.64B | 0.63% | Reduce |
| 21 | NSC | NORFOLK SOUTHN CORP | 5.20M | $1.64B | 0.63% | Add |
| 22 | XLF | SELECT SECTOR SPDR TR | 27.50M | $1.47B | 0.57% | Reduce |
| 23 | HYG | ISHARES TR | 17.05M | $1.36B | 0.53% | Reduce |
| 24 | SNDK | SANDISK CORP | 596.13K | $1.36B | 0.52% | Reduce |
| 25 | AMAT | APPLIED MATLS INC | 1.77M | $1.28B | 0.49% | Reduce |
| 26 | VOO | VANGUARD INDEX FDS | 1.84M | $1.26B | 0.48% | Add |
| 27 | TLT | ISHARES TR | 14.53M | $1.26B | 0.48% | Add |
| 28 | DIA | SPDR DOW JONES INDL AVERAGE | 2.34M | $1.22B | 0.47% | Add |
| 29 | UNH | UNITEDHEALTH GROUP INCORPORATED | 2.84M | $1.18B | 0.45% | Reduce |
| 30 | LRCX | LAM RESEARCH CORP | 2.68M | $1.16B | 0.45% | Reduce |
| 31 | BRKB | BERKSHIRE HATHAWAY INC DEL | 2.28M | $1.14B | 0.44% | Reduce |
| 32 | STX | SEAGATE TECHNOLOGY HLDNGS PL | 1.09M | $1.05B | 0.41% | Add |
| 33 | PANW | PALO ALTO NETWORKS INC | 3.03M | $1.03B | 0.40% | Add |
| 34 | FCX | FREEPORT MCMORAN INC | 16.22M | $1.02B | 0.39% | Add |
| 35 | MRVL | MARVELL TECHNOLOGY INC | 3.37M | $1.00B | 0.39% | Reduce |
| 36 | ORCL | ORACLE CORP | 6.63M | $972.06M | 0.37% | Add |
| 37 | PLTR | PALANTIR TECHNOLOGIES INC | 8.26M | $963.28M | 0.37% | Add |
| 38 | LLY | ELI LILLY & CO | 779.88K | $935.41M | 0.36% | Reduce |
| 39 | COST | COSTCO WHOLESALE CORPORATION | 975.75K | $912.78M | 0.35% | Add |
| 40 | EA | ELECTRONIC ARTS INC | 4.40M | $902.71M | 0.35% | Reduce |
| 41 | JPM | JPMORGAN CHASE & CO | 2.76M | $901.96M | 0.35% | Reduce |
| 42 | CVX | CHEVRON CORPORATION | 5.35M | $886.88M | 0.34% | Add |
| 43 | NFLX | NETFLIX INC. | 12.22M | $872.28M | 0.34% | Reduce |
| 44 | CAT | CATERPILLAR INC | 784.66K | $835.58M | 0.32% | Add |
| 45 | BE | BLOOM ENERGY CORP | 2.71M | $821.21M | 0.32% | Add |
| 46 | NBIS | NEBIUS GROUP N.V. | 2.90M | $800.84M | 0.31% | Add |
| 47 | V | VISA INC | 2.21M | $759.77M | 0.29% | Reduce |
| 48 | CSCO | CISCO SYS INC | 6.44M | $756.22M | 0.29% | Reduce |
| 49 | XLK | SELECT SECTOR SPDR TR | 3.93M | $749.23M | 0.29% | Reduce |
| 50 | KVUE | KENVUE INC | 37.36M | $713.86M | 0.28% | Add |