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Millennium Management LLC
The positions Millennium Management LLC reported on its Form 13F for Q2 2026, the quarter ending 30 Jun 2026, filed on 14 Aug 2026. Every figure below is the filing’s own: US-listed long equity, valued at the quarter end, with the change measured against the same manager’s previous filing.
Reported book
$276bn
+$36.0bn on Q1 2026
Positions
5,796
35+ new, 662 sold out
Top ten weight
18%
Spread across the book
Quarter
Q2 2026
Filed 14 Aug 2026
Read the Q2 2026 filing on sec.gov CIK 0001273087 · Multistrategy · NY
Reported book is the quarter-end market value of the securities on the 13F, mostly US-listed long equity. It is not the manager’s assets under management: shorts, cash, leverage and most non-US or private holdings sit outside it.
Opened this quarter
A new position is the clearest thing a filing says. Somebody argued for it recently, and it is the easiest question to be ready for.
- Invesco QQQ Trust (QQQ)puts$4.0bn · 1.4%
- Invesco QQQ Trust (QQQ)calls$3.0bn · 1.1%
- Space Exploration Techn Corp (SPCX)Class A Common Stock$3.0bn · 1.1%
- VanEck Semiconductor (SMH)puts$1.4bn · 0.5%
- Select Sector SPDR Energy ETF (XLE)puts$1.2bn · 0.4%
- iShares IBOXX High Yield ETF (HYG)puts$1.0bn · 0.4%
- iShares MSCI Emerging Markets ETF (EEM)puts$868m · 0.3%
- Select Sector SPDR Financial ETF (XLF)puts$855m · 0.3%
- Taiwan Semiconductor Manufac (TSM)Sponsored ADS$761m · 0.3%
- Taiwan Semiconductor Manufac (TSM)Sponsored ADS · puts$691m · 0.3%
- Invesco QQQ Trust (QQQ)$688m · 0.2%
- VanEck Semiconductor (SMH)calls$654m · 0.2%
- and 23 more, in the table below.
Sold out of this quarter
Exits are valued at what the position was worth in the previous filing, because by this one it is gone.
- SPDR Series Trust (SPYM)$1.7bn held before
- Lumentum HLDGS Inc$842m held before
- Coterra Energy Inc (CTRA)$447m held before
- Hologic Inc (HOLX)$428m held before
- Masimo Corp (MASI)$227m held before
- Clearwater Analytics HLDGS I (CWAN)$220m held before
- Terns Pharmaceuticals Inc (TERN)$179m held before
- Honeywell Intl Inc (HON)$175m held before
- Lumentum HLDGS Inc$173m held before
- Amicus Therapeutic (FOLD)$114m held before
- Carnival Corp (CCL)$114m held before
- Peabody Engr Corp$112m held before
- and 650 more.
Largest reported positions, Q2 2026
200 positions, sorted by weight · page 1 of 2
Showing the largest 200 reported positions, representing 57.9% of reported market value.
| Position | Weight ↓ | Value | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| iShares Core S&P500 ETF (IVV) CUSIP 464287200 | 3.9% | $10.9bn | 14,503,932 | +$2.4bn +1,518,126 shares | Added |
| iShares Russell 2000 ETF (IWM) puts · CUSIP 464287655 | 3.6% | $10.0bn | 33,283,000 | +$38m -6,886,200 shares | Trimmed |
| Nvidia Corporation (NVDA) puts · CUSIP 67066G104 | 1.8% | $5.1bn | 25,464,200 | +$976m +1,846,200 shares | Added |
| iShares Russell 2000 ETF (IWM) calls · CUSIP 464287655 | 1.6% | $4.4bn | 14,519,000 | +$1.4bn +2,528,700 shares | Added |
| Invesco QQQ Trust (QQQ) puts · CUSIP 46090E103 | 1.4% | $4.0bn | 5,422,200 | No earlier filing | New |
| State Street SPDR S&P 500 ETF (SPY) CUSIP 78462F103 | 1.3% | $3.6bn | 4,857,109 | +$3.2bn +4,234,187 shares | Added |
| State Street SPDR S&P 500 ETF (SPY) calls · CUSIP 78462F103 | 1.3% | $3.5bn | 4,746,200 | +$2.5bn +3,173,400 shares | Added |
| Micron Technology Inc (MU) puts · CUSIP 595112103 | 1.2% | $3.3bn | 2,824,100 | +$2.6bn +1,004,400 shares | Added |
| State Street SPDR S&P 500 ETF (SPY) puts · CUSIP 78462F103 | 1.2% | $3.2bn | 4,309,500 | +$1.4bn +1,576,200 shares | Added |
| Invesco QQQ Trust (QQQ) calls · CUSIP 46090E103 | 1.1% | $3.0bn | 4,074,700 | No earlier filing | New |
| Space Exploration Techn Corp (SPCX) Class A Common Stock · CUSIP 84615Q103 | 1.1% | $3.0bn | 17,604,863 | No earlier filing | New |
| Advanced Micro Devices Inc (AMD) puts · CUSIP 007903107 | 1.0% | $2.7bn | 4,729,800 | +$1.7bn -546,100 shares | Trimmed |
| Apple Inc (AAPL) puts · CUSIP 037833100 | 1.0% | $2.6bn | 9,103,300 | +$425m +396,600 shares | Added |
| Amazon Com Inc (AMZN) puts · CUSIP 023135106 | 0.9% | $2.5bn | 10,636,200 | +$258m -299,200 shares | Trimmed |
| Nvidia Corporation (NVDA) CUSIP 67066G104 | 0.9% | $2.4bn | 12,157,614 | +$587m +1,571,967 shares | Added |
| Microsoft Corp (MSFT) puts · CUSIP 594918104 | 0.8% | $2.2bn | 5,997,300 | -$309m -881,600 shares | Trimmed |
| Alphabet Inc (GOOGL) Capital Stock Class A · puts · CUSIP 02079K305 | 0.8% | $2.2bn | 6,062,600 | +$280m -497,500 shares | Trimmed |
| Meta Platforms Inc (META) Class A · puts · CUSIP 30303M102 | 0.7% | $1.9bn | 3,438,600 | -$132m -178,100 shares | Trimmed |
| Norfolk Southn Corp (NSC) CUSIP 655844108 | 0.6% | $1.6bn | 5,201,728 | +$321m +617,642 shares | Added |
| Microsoft Corp (MSFT) CUSIP 594918104 | 0.6% | $1.6bn | 4,240,904 | +$546m +1,442,727 shares | Added |
| Warner Bros Discovery Inc (WBD) Common Series A · CUSIP 934423104 | 0.6% | $1.5bn | 57,657,575 | +$331m +13,718,183 shares | Added |
| Nvidia Corporation (NVDA) calls · CUSIP 67066G104 | 0.5% | $1.5bn | 7,547,800 | +$223m +168,900 shares | Added |
| Tesla Inc (TSLA) puts · CUSIP 88160R101 | 0.5% | $1.5bn | 3,505,700 | -$351m -1,404,100 shares | Trimmed |
| Apple Inc (AAPL) calls · CUSIP 037833100 | 0.5% | $1.4bn | 4,842,300 | +$75m -382,800 shares | Trimmed |
| VanEck Semiconductor (SMH) puts · CUSIP 92189F676 | 0.5% | $1.4bn | 2,118,000 | No earlier filing | New |
| Broadcom Inc (AVGO) puts · CUSIP 11135F101 | 0.5% | $1.4bn | 3,599,400 | +$485m +774,000 shares | Added |
| Vanguard Index S&P 500 ETF Shares (VOO) CUSIP 922908363 | 0.5% | $1.3bn | 1,825,001 | +$646m +808,257 shares | Added |
| Select Sector SPDR Energy ETF (XLE) puts · CUSIP 81369Y506 | 0.4% | $1.2bn | 22,617,400 | No earlier filing | New |
| Micron Technology Inc (MU) calls · CUSIP 595112103 | 0.4% | $1.1bn | 991,900 | +$695m -340,700 shares | Trimmed |
| Microsoft Corp (MSFT) calls · CUSIP 594918104 | 0.4% | $1.1bn | 3,031,500 | +$101m +249,700 shares | Added |
| Advanced Micro Devices Inc (AMD) calls · CUSIP 007903107 | 0.4% | $1.1bn | 1,905,600 | +$793m +364,100 shares | Added |
| State Street SPDR Dow Jones Ind (DIA) puts · CUSIP 78467X109 | 0.4% | $1.1bn | 2,046,600 | +$749m +1,356,400 shares | Added |
| iShares IBOXX High Yield ETF (HYG) puts · CUSIP 464288513 | 0.4% | $1.0bn | 13,049,900 | No earlier filing | New |
| Intel Corp (INTC) puts · CUSIP 458140100 | 0.4% | $1.0bn | 7,398,900 | +$689m -407,300 shares | Trimmed |
| Amazon Com Inc (AMZN) CUSIP 023135106 | 0.4% | $981m | 4,116,745 | +$397m +1,309,856 shares | Added |
| Western Digital Corp (WDC) Note 3.000%11/1 · CUSIP 958102AT2 | 0.4% | $980m | 58,044,000 | -$492m -147,509,000 shares | Trimmed |
| Alphabet Inc (GOOG) Capital Stock Class C · puts · CUSIP 02079K107 | 0.3% | $935m | 2,646,500 | +$133m -149,000 shares | Trimmed |
| Amazon Com Inc (AMZN) calls · CUSIP 023135106 | 0.3% | $930m | 3,899,900 | -$6.5m -594,100 shares | Trimmed |
| Meta Platforms Inc (META) Class A · calls · CUSIP 30303M102 | 0.3% | $892m | 1,583,900 | +$37m +89,000 shares | Added |
| Electronic Arts Inc (EA) CUSIP 285512109 | 0.3% | $889m | 4,337,512 | +$18m +61,984 shares | Added |
| iShares MSCI Emerging Markets ETF (EEM) puts · CUSIP 464287234 | 0.3% | $868m | 12,692,400 | No earlier filing | New |
| Select Sector SPDR Financial ETF (XLF) puts · CUSIP 81369Y605 | 0.3% | $855m | 15,938,300 | No earlier filing | New |
| SanDisk Corp (SNDK) CUSIP 80004C200 | 0.3% | $833m | 366,129 | +$107m -776,166 shares | Trimmed |
| Bloom Energy Corp (BE) Common Class A · CUSIP 093712107 | 0.3% | $764m | 2,522,461 | +$711m +2,135,300 shares | Added |
| Taiwan Semiconductor Manufac (TSM) Sponsored ADS · CUSIP 874039100 | 0.3% | $761m | 1,592,445 | No earlier filing | New |
| Meta Platforms Inc (META) Class A · CUSIP 30303M102 | 0.3% | $732m | 1,299,244 | -$415m -705,648 shares | Trimmed |
| Alphabet Inc (GOOGL) Capital Stock Class A · calls · CUSIP 02079K305 | 0.3% | $722m | 2,021,500 | +$56m -294,900 shares | Trimmed |
| Berkshire Hathaway Inc Del (BRK-B) Class B New · puts · CUSIP 084670702 | 0.3% | $722m | 1,443,500 | -$3.7m -71,500 shares | Trimmed |
| Freeport Mcmoran Inc (FCX) Class B · CUSIP 35671D857 | 0.3% | $720m | 11,452,370 | -$24m -1,215,324 shares | Trimmed |
| Kenvue Inc (KVUE) CUSIP 49177J102 | 0.3% | $706m | 36,939,026 | +$158m +5,137,763 shares | Added |
| Marvell Technology Inc (MRVL) puts · CUSIP 573874104 | 0.3% | $695m | 2,331,700 | +$421m -429,100 shares | Trimmed |
| Taiwan Semiconductor Manufac (TSM) Sponsored ADS · puts · CUSIP 874039100 | 0.3% | $691m | 1,446,900 | No earlier filing | New |
| Invesco QQQ Trust (QQQ) CUSIP 46090E103 | 0.2% | $688m | 933,655 | No earlier filing | New |
| Unitedhealth Group Inc (UNH) CUSIP 91324P102 | 0.2% | $672m | 1,617,653 | +$305m +261,043 shares | Added |
| Nebius Group N.v. (NBIS) Shares Class A · puts · CUSIP N97284108 | 0.2% | $658m | 2,382,700 | +$596m +1,779,900 shares | Added |
| VanEck Semiconductor (SMH) calls · CUSIP 92189F676 | 0.2% | $654m | 996,700 | No earlier filing | New |
| Tesla Inc (TSLA) calls · CUSIP 88160R101 | 0.2% | $646m | 1,536,700 | +$2.5m -195,300 shares | Trimmed |
| Applied Matls Inc (AMAT) puts · CUSIP 038222105 | 0.2% | $631m | 872,500 | +$337m +11,900 shares | Added |
| NRG Energy Inc (NRG) CUSIP 629377508 | 0.2% | $622m | 4,257,712 | +$332m +2,271,751 shares | Added |
| Broadcom Inc (AVGO) calls · CUSIP 11135F101 | 0.2% | $618m | 1,635,700 | +$84m -90,100 shares | Trimmed |
| American Elec PWR Co Inc (AEP) CUSIP 025537101 | 0.2% | $614m | 4,488,072 | +$70m +336,714 shares | Added |
| Seagate Technology Hldngs PL (STX) CUSIP G7997R103 | 0.2% | $611m | 633,069 | +$513m +382,790 shares | Added |
| iShares MSCI Emerging Markets ETF (EEM) calls · CUSIP 464287234 | 0.2% | $611m | 8,926,500 | No earlier filing | New |
| Intel Corp (INTC) calls · CUSIP 458140100 | 0.2% | $602m | 4,307,600 | +$454m +958,300 shares | Added |
| Micron Technology Inc (MU) CUSIP 595112103 | 0.2% | $597m | 517,125 | +$55m -1,087,952 shares | Trimmed |
| Select Sector SPDR Technology ETF (XLK) puts · CUSIP 81369Y803 | 0.2% | $592m | 3,105,200 | No earlier filing | New |
| Palantir Technologies Inc (PLTR) Class A · puts · CUSIP 69608A108 | 0.2% | $586m | 5,018,100 | -$40m +739,900 shares | Added |
| Palo Alto Networks Inc (PANW) puts · CUSIP 697435105 | 0.2% | $578m | 1,694,900 | +$337m +190,400 shares | Added |
| Astrazeneca PLC (AZN) puts · CUSIP G0593M107 | 0.2% | $564m | 40,000 | -$24m -400 shares | Trimmed |
| iShares 20 Year Treasury Bond ETF (TLT) calls · CUSIP 464287432 | 0.2% | $555m | 6,424,900 | No earlier filing | New |
| Eli Lilly & Co (LLY) puts · CUSIP 532457108 | 0.2% | $552m | 459,800 | +$93m -38,700 shares | Trimmed |
| Netflix Inc. (NFLX) puts · CUSIP 64110L106 | 0.2% | $550m | 7,706,000 | -$211m -212,600 shares | Trimmed |
| iShares 20 Year Treasury Bond ETF (TLT) puts · CUSIP 464287432 | 0.2% | $544m | 6,295,700 | No earlier filing | New |
| Credo Technology Group Holdi (CRDO) CUSIP G25457105 | 0.2% | $543m | 1,997,808 | +$476m +1,280,822 shares | Added |
| Idex Corp (IEX) CUSIP 45167R104 | 0.2% | $538m | 2,369,834 | +$160m +373,890 shares | Added |
| Alphabet Inc (GOOG) Capital Stock Class C · calls · CUSIP 02079K107 | 0.2% | $529m | 1,496,800 | +$81m -63,400 shares | Trimmed |
| Intercontinental Exchange In (ICE) CUSIP 45866F104 | 0.2% | $513m | 4,166,481 | +$197m +2,157,513 shares | Added |
| Chevron Corporation (CVX) CUSIP 166764100 | 0.2% | $507m | 3,056,388 | +$148m +1,324,327 shares | Added |
| Advanced Micro Devices Inc (AMD) CUSIP 007903107 | 0.2% | $502m | 863,984 | +$208m -579,577 shares | Trimmed |
| Cheniere Energy Inc (LNG) CUSIP 16411R208 | 0.2% | $495m | 2,069,180 | No earlier filing | New |
| Lam Research Corp (LRCX) puts · CUSIP 512807306 | 0.2% | $487m | 1,123,500 | +$273m +122,600 shares | Added |
| Blackrock Inc (BLK) CUSIP 09290D101 | 0.2% | $476m | 495,262 | -$141m -146,296 shares | Trimmed |
| Cbre Group Inc (CBRE) Class A · CUSIP 12504L109 | 0.2% | $453m | 3,360,979 | -$129m -933,170 shares | Trimmed |
| Select Sector SPDR Energy ETF (XLE) calls · CUSIP 81369Y506 | 0.2% | $447m | 8,411,700 | No earlier filing | New |
| Select Sector SPDR Discretionary ETF (XLY) puts · CUSIP 81369Y407 | 0.2% | $436m | 3,720,100 | No earlier filing | New |
| Caterpillar Inc (CAT) calls · CUSIP 149123101 | 0.2% | $434m | 407,600 | +$311m +234,200 shares | Added |
| Costco Wholesale Corporation (COST) puts · CUSIP 22160K105 | 0.2% | $431m | 461,000 | +$32m +59,800 shares | Added |
| Carlyle Group Inc (CG) calls · CUSIP 14316J108 | 0.2% | $421m | 10,000,000 | +$351m +8,550,000 shares | Added |
| Applied Matls Inc (AMAT) calls · CUSIP 038222105 | 0.2% | $420m | 581,400 | +$265m +127,200 shares | Added |
| Msci Inc (MSCI) CUSIP 55354G100 | 0.2% | $416m | 741,928 | +$86m +129,769 shares | Added |
| Invesco LTD (IVZ) CUSIP G491BT108 | 0.1% | $414m | 15,689,569 | -$112m -5,959,106 shares | Trimmed |
| Danaher Corp Del (DHR) CUSIP 235851102 | 0.1% | $408m | 2,140,587 | +$373m +1,957,762 shares | Added |
| JPMorgan Chase & Co (JPM) puts · CUSIP 46625H100 | 0.1% | $405m | 1,238,200 | +$59m +59,200 shares | Added |
| Tesla Inc (TSLA) CUSIP 88160R101 | 0.1% | $405m | 962,443 | -$180m -610,160 shares | Trimmed |
| Packaging Corp Amer (PKG) CUSIP 695156109 | 0.1% | $403m | 1,692,740 | +$167m +577,075 shares | Added |
| Select Sector SPDR Financial ETF (XLF) calls · CUSIP 81369Y605 | 0.1% | $402m | 7,497,900 | No earlier filing | New |
| Mastercard Incorporated (MA) Class A · CUSIP 57636Q104 | 0.1% | $399m | 776,247 | -$9.6m -40,827 shares | Trimmed |
| Caterpillar Inc (CAT) puts · CUSIP 149123101 | 0.1% | $393m | 369,200 | +$167m +50,200 shares | Added |
| Wells Fargo & Co (WFC) CUSIP 949746101 | 0.1% | $392m | 4,748,679 | +$110m +1,199,860 shares | Added |
| Lennox Intl Inc (LII) CUSIP 526107107 | 0.1% | $392m | 683,440 | +$307m +500,274 shares | Added |
Every filing on file
| Quarter | Period end | Filed | Book | Positions | Top 10 | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | 30 Jun 2026 | 14 Aug 2026 | $276bn | 5,796 | 18% | 13F-HR |
| Q1 2026 | 31 Mar 2026 | 15 May 2026 | $240bn | 5,622 | 17% | 13F-HR |
| Q4 2025 | 31 Dec 2025 | 17 Feb 2026 | $238bn | 5,950 | 19% | 13F-HR |
| Q3 2025 | 30 Sept 2025 | 14 Nov 2025 | $234bn | 5,978 | 18% | 13F-HR |
| Q2 2025 | 30 Jun 2025 | 14 Aug 2025 | $207bn | 5,805 | 16% | 13F-HR |
| Q1 2025 | 31 Mar 2025 | 15 May 2025 | $188bn | 5,787 | 16% | 13F-HR |
| Q4 2024 | 31 Dec 2024 | 14 Feb 2025 | $205bn | 5,890 | 16% | 13F-HR |
| Q3 2024 | 30 Sept 2024 | 14 Nov 2024 | $211bn | 6,030 | 17% | 13F-HR |
Taking this into the room
Pick one name from the top of the book and one from the new positions, and know both properly: what the company earns, what it is priced at, and what has to be true for the position to work. That is a conversation. Reciting the whole table is not, and the interviewer wrote it.
A position sold out of is worth as much preparation as one opened. Ask what changed rather than asserting the fund was wrong, and be ready for the answer that the thesis played out and the money went somewhere better.
What this filing leaves out
A 13F covers US-listed long equity at one moment in time. Shorts, bonds, cash, private positions and non-US listings never appear, and options are reported in a form that will mislead you if you read them as a position. A long/short manager showing $8bn here may run a book several times that size.
The lag matters too. Positions are as at the quarter end and the filing arrives up to forty-five days later, so what you are reading is at least six weeks old and possibly four months. Phrase it as what the filing showed, not what the fund holds today.
You have read the book. Now have a view on one name
Pick a position, work out what it is worth, and be ready to defend it. That is the difference between a candidate who read the filing and one who did something with it.
Company names, tickers and logos are the trademarks of their respective owners and appear here to identify the company whose public figures are being used. L3VLUP is not affiliated with, sponsored by or endorsed by any company shown, and nothing here is a statement by or about that company. More
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