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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, 100 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 by quarter
$0$138bn$276bnQ3 24: $211bn$211bnQ3 24Q4 24: $205bn$205bnQ4 24Q1 25: $188bn$188bnQ1 25Q2 25: $207bn$207bnQ2 25Q3 25: $234bn$234bnQ3 25Q4 25: $238bn$238bnQ4 25Q1 26: $240bn$240bnQ1 26Q2 26: $276bn$276bnQ2 26
Largest positions, share of the book
iShares TR: 3.9%iShares TR3.9%iShares TR: 3.6%iShares TR3.6%Nvidia Corporation (NVDA): 1.8%Nvidia Corporation (NVD…1.8%iShares TR: 1.6%iShares TR1.6%Invesco QQQ TR: 1.4%Invesco QQQ TR1.4%State STR SPDR S&P 500 ETF T: 1.3%State STR SPDR S&P 500 …1.3%State STR SPDR S&P 500 ETF T: 1.3%State STR SPDR S&P 500 …1.3%Micron Technology Inc (MU): 1.2%Micron Technology Inc (…1.2%State STR SPDR S&P 500 ETF T: 1.2%State STR SPDR S&P 500 …1.2%Invesco QQQ TR: 1.1%Invesco QQQ TR1.1%

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 TR$4.0bn · 1.4%
  • Invesco QQQ TR$3.0bn · 1.1%
  • Space Exploration Techn Corp$3.0bn · 1.1%
  • Vaneck ETF Trust$1.4bn · 0.5%
  • Select Sector SPDR TR$1.2bn · 0.4%
  • iShares TR$1.0bn · 0.4%
  • iShares TR$868m · 0.3%
  • Select Sector SPDR TR$855m · 0.3%
  • Taiwan Semiconductor Manufac$761m · 0.3%
  • Taiwan Semiconductor Manufac$691m · 0.3%
  • Invesco QQQ TR$688m · 0.2%
  • Vaneck ETF Trust$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$1.7bn held before
  • Lumentum HLDGS Inc$842m held before
  • Coterra Energy Inc$447m held before
  • Hologic Inc$428m held before
  • Masimo Corp$227m held before
  • Clearwater Analytics HLDGS I$220m held before
  • Terns Pharmaceuticals Inc$179m held before
  • Honeywell Intl Inc$175m held before
  • Lumentum HLDGS Inc$173m held before
  • Amicus Therapeutic$114m held before
  • Carnival Corp (CCL)$114m held before
  • Peabody Engr Corp$112m held before
  • and 88 more.

Every reported position, Q2 2026

200 positions, sorted by weight · page 2 of 2

PositionWeight ↑ValueSharesChange on the quarterAction
Lennox Intl Inc
COM · CUSIP 526107107
0.1%$392m683,440
+$307m
+500,274 shares
Added
Wells Fargo & Co
COM · CUSIP 949746101
0.1%$392m4,748,679
+$110m
+1,199,860 shares
Added
Caterpillar Inc (CAT)
COM PUT · CUSIP 149123101
0.1%$393m369,200
+$167m
+50,200 shares
Added
Mastercard Incorporated (MA)
CL A · CUSIP 57636Q104
0.1%$399m776,247
-$9.6m
-40,827 shares
Trimmed
Select Sector SPDR TR
ST STR FINL ETF CALL · CUSIP 81369Y605
0.1%$402m7,497,900No earlier filingNew
Packaging Corp Amer
COM · CUSIP 695156109
0.1%$403m1,692,740
+$167m
+577,075 shares
Added
Tesla Inc (TSLA)
COM · CUSIP 88160R101
0.1%$405m962,443
-$180m
-610,160 shares
Trimmed
JPMorgan Chase & Co
COM PUT · CUSIP 46625H100
0.1%$405m1,238,200
+$59m
+59,200 shares
Added
Danaher Corp Del
COM · CUSIP 235851102
0.1%$408m2,140,587
+$373m
+1,957,762 shares
Added
Invesco LTD (IVZ)
SHS · CUSIP G491BT108
0.1%$414m15,689,569
-$112m
-5,959,106 shares
Trimmed
Msci Inc (MSCI)
COM · CUSIP 55354G100
0.2%$416m741,928
+$86m
+129,769 shares
Added
Applied Matls Inc
COM CALL · CUSIP 038222105
0.2%$420m581,400
+$265m
+127,200 shares
Added
Carlyle Group Inc
COM CALL · CUSIP 14316J108
0.2%$421m10,000,000
+$351m
+8,550,000 shares
Added
Costco Wholesale Corporation (COST)
COM PUT · CUSIP 22160K105
0.2%$431m461,000
+$32m
+59,800 shares
Added
Caterpillar Inc (CAT)
COM CALL · CUSIP 149123101
0.2%$434m407,600
+$311m
+234,200 shares
Added
Select Sector SPDR TR
ST STR DISCR ETF PUT · CUSIP 81369Y407
0.2%$436m3,720,100No earlier filingNew
Select Sector SPDR TR
ST STR ENERG ETF CALL · CUSIP 81369Y506
0.2%$447m8,411,700No earlier filingNew
Cbre Group Inc (CBRE)
CL A · CUSIP 12504L109
0.2%$453m3,360,979
-$129m
-933,170 shares
Trimmed
Blackrock Inc (BLK)
COM · CUSIP 09290D101
0.2%$476m495,262
-$141m
-146,296 shares
Trimmed
Lam Research Corp (LRCX)
COM NEW PUT · CUSIP 512807306
0.2%$487m1,123,500
+$273m
+122,600 shares
Added
Cheniere Energy Inc (LNG)
COM NEW · CUSIP 16411R208
0.2%$495m2,069,180No earlier filingNew
Advanced Micro Devices Inc (AMD)
COM · CUSIP 007903107
0.2%$502m863,984
+$208m
-579,577 shares
Trimmed
Chevron Corporation (CVX)
COM · CUSIP 166764100
0.2%$507m3,056,388
+$148m
+1,324,327 shares
Added
Intercontinental Exchange In
COM · CUSIP 45866F104
0.2%$513m4,166,481
+$197m
+2,157,513 shares
Added
Alphabet Inc
CAP STK CL C CALL · CUSIP 02079K107
0.2%$529m1,496,800
+$81m
-63,400 shares
Trimmed
Idex Corp
COM · CUSIP 45167R104
0.2%$538m2,369,834
+$160m
+373,890 shares
Added
Credo Technology Group Holdi
ORDINARY SHARES · CUSIP G25457105
0.2%$543m1,997,808
+$476m
+1,280,822 shares
Added
iShares TR
20 YR TR BD ETF PUT · CUSIP 464287432
0.2%$544m6,295,700No earlier filingNew
Netflix Inc. (NFLX)
COM PUT · CUSIP 64110L106
0.2%$550m7,706,000
-$211m
-212,600 shares
Trimmed
Eli Lilly & Co (LLY)
COM PUT · CUSIP 532457108
0.2%$552m459,800
+$93m
-38,700 shares
Trimmed
iShares TR
20 YR TR BD ETF CALL · CUSIP 464287432
0.2%$555m6,424,900No earlier filingNew
Astrazeneca PLC (AZN)
ORD PUT · CUSIP G0593M107
0.2%$564m40,000
-$24m
-400 shares
Trimmed
Palo Alto Networks Inc (PANW)
COM PUT · CUSIP 697435105
0.2%$578m1,694,900
+$337m
+190,400 shares
Added
Palantir Technologies Inc (PLTR)
CL A PUT · CUSIP 69608A108
0.2%$586m5,018,100
-$40m
+739,900 shares
Added
Select Sector SPDR TR
ST STR TECHN ETF PUT · CUSIP 81369Y803
0.2%$592m3,105,200No earlier filingNew
Micron Technology Inc (MU)
COM · CUSIP 595112103
0.2%$597m517,125
+$55m
-1,087,952 shares
Trimmed
Intel Corp (INTC)
COM CALL · CUSIP 458140100
0.2%$602m4,307,600
+$454m
+958,300 shares
Added
iShares TR
MSCI EMG MKT ETF CALL · CUSIP 464287234
0.2%$611m8,926,500No earlier filingNew
Seagate Technology Hldngs PL
ORD SHS · CUSIP G7997R103
0.2%$611m633,069
+$513m
+382,790 shares
Added
American Elec PWR Co Inc
COM · CUSIP 025537101
0.2%$614m4,488,072
+$70m
+336,714 shares
Added
Broadcom Inc (AVGO)
COM CALL · CUSIP 11135F101
0.2%$618m1,635,700
+$84m
-90,100 shares
Trimmed
NRG Energy Inc (NRG)
COM NEW · CUSIP 629377508
0.2%$622m4,257,712
+$332m
+2,271,751 shares
Added
Applied Matls Inc
COM PUT · CUSIP 038222105
0.2%$631m872,500
+$337m
+11,900 shares
Added
Tesla Inc (TSLA)
COM CALL · CUSIP 88160R101
0.2%$646m1,536,700
+$2.5m
-195,300 shares
Trimmed
Vaneck ETF Trust
SEMICONDUCTR ETF CALL · CUSIP 92189F676
0.2%$654m996,700No earlier filingNew
Nebius Group N.v. (NBIS)
SHS CLASS A PUT · CUSIP N97284108
0.2%$658m2,382,700
+$596m
+1,779,900 shares
Added
Unitedhealth Group Inc (UNH)
COM · CUSIP 91324P102
0.2%$672m1,617,653
+$305m
+261,043 shares
Added
Invesco QQQ TR
UNIT SER 1 · CUSIP 46090E103
0.2%$688m933,655No earlier filingNew
Taiwan Semiconductor Manufac
SPONSORED ADS PUT · CUSIP 874039100
0.3%$691m1,446,900No earlier filingNew
Marvell Technology Inc (MRVL)
COM PUT · CUSIP 573874104
0.3%$695m2,331,700
+$421m
-429,100 shares
Trimmed
Kenvue Inc (KVUE)
COM · CUSIP 49177J102
0.3%$706m36,939,026
+$158m
+5,137,763 shares
Added
Freeport Mcmoran Inc (FCX)
CL B · CUSIP 35671D857
0.3%$720m11,452,370
-$24m
-1,215,324 shares
Trimmed
Berkshire Hathaway Inc Del
CL B NEW PUT · CUSIP 084670702
0.3%$722m1,443,500
-$3.7m
-71,500 shares
Trimmed
Alphabet Inc
CAP STK CL A CALL · CUSIP 02079K305
0.3%$722m2,021,500
+$56m
-294,900 shares
Trimmed
Meta Platforms Inc (META)
CL A · CUSIP 30303M102
0.3%$732m1,299,244
-$415m
-705,648 shares
Trimmed
Taiwan Semiconductor Manufac
SPONSORED ADS · CUSIP 874039100
0.3%$761m1,592,445No earlier filingNew
Bloom Energy Corp (BE)
COM CL A · CUSIP 093712107
0.3%$764m2,522,461
+$711m
+2,135,300 shares
Added
SanDisk Corp (SNDK)
COM · CUSIP 80004C200
0.3%$833m366,129
+$107m
-776,166 shares
Trimmed
Select Sector SPDR TR
ST STR FINL ETF PUT · CUSIP 81369Y605
0.3%$855m15,938,300No earlier filingNew
iShares TR
MSCI EMG MKT ETF PUT · CUSIP 464287234
0.3%$868m12,692,400No earlier filingNew
Electronic Arts Inc
COM · CUSIP 285512109
0.3%$889m4,337,512
+$18m
+61,984 shares
Added
Meta Platforms Inc (META)
CL A CALL · CUSIP 30303M102
0.3%$892m1,583,900
+$37m
+89,000 shares
Added
Amazon Com Inc (AMZN)
COM CALL · CUSIP 023135106
0.3%$930m3,899,900
-$6.5m
-594,100 shares
Trimmed
Alphabet Inc
CAP STK CL C PUT · CUSIP 02079K107
0.3%$935m2,646,500
+$133m
-149,000 shares
Trimmed
Western Digital Corp (WDC)
NOTE 3.000%11/1 · CUSIP 958102AT2
0.4%$980m58,044,000
-$492m
-147,509,000 shares
Trimmed
Amazon Com Inc (AMZN)
COM · CUSIP 023135106
0.4%$981m4,116,745
+$397m
+1,309,856 shares
Added
Intel Corp (INTC)
COM PUT · CUSIP 458140100
0.4%$1.0bn7,398,900
+$689m
-407,300 shares
Trimmed
iShares TR
IBOXX HI YD ETF PUT · CUSIP 464288513
0.4%$1.0bn13,049,900No earlier filingNew
State STR SPDR Dow Jones Ind
UT SER 1 PUT · CUSIP 78467X109
0.4%$1.1bn2,046,600
+$749m
+1,356,400 shares
Added
Advanced Micro Devices Inc (AMD)
COM CALL · CUSIP 007903107
0.4%$1.1bn1,905,600
+$793m
+364,100 shares
Added
Microsoft Corp (MSFT)
COM CALL · CUSIP 594918104
0.4%$1.1bn3,031,500
+$101m
+249,700 shares
Added
Micron Technology Inc (MU)
COM CALL · CUSIP 595112103
0.4%$1.1bn991,900
+$695m
-340,700 shares
Trimmed
Select Sector SPDR TR
ST STR ENERG ETF PUT · CUSIP 81369Y506
0.4%$1.2bn22,617,400No earlier filingNew
Vanguard Index FDS
S&P 500 ETF SHS · CUSIP 922908363
0.5%$1.3bn1,825,001
+$646m
+808,257 shares
Added
Broadcom Inc (AVGO)
COM PUT · CUSIP 11135F101
0.5%$1.4bn3,599,400
+$485m
+774,000 shares
Added
Vaneck ETF Trust
SEMICONDUCTR ETF PUT · CUSIP 92189F676
0.5%$1.4bn2,118,000No earlier filingNew
Apple Inc (AAPL)
COM CALL · CUSIP 037833100
0.5%$1.4bn4,842,300
+$75m
-382,800 shares
Trimmed
Tesla Inc (TSLA)
COM PUT · CUSIP 88160R101
0.5%$1.5bn3,505,700
-$351m
-1,404,100 shares
Trimmed
Nvidia Corporation (NVDA)
COM CALL · CUSIP 67066G104
0.5%$1.5bn7,547,800
+$223m
+168,900 shares
Added
Warner Bros Discovery Inc (WBD)
COM SER A · CUSIP 934423104
0.6%$1.5bn57,657,575
+$331m
+13,718,183 shares
Added
Microsoft Corp (MSFT)
COM · CUSIP 594918104
0.6%$1.6bn4,240,904
+$546m
+1,442,727 shares
Added
Norfolk Southn Corp
COM · CUSIP 655844108
0.6%$1.6bn5,201,728
+$321m
+617,642 shares
Added
Meta Platforms Inc (META)
CL A PUT · CUSIP 30303M102
0.7%$1.9bn3,438,600
-$132m
-178,100 shares
Trimmed
Alphabet Inc
CAP STK CL A PUT · CUSIP 02079K305
0.8%$2.2bn6,062,600
+$280m
-497,500 shares
Trimmed
Microsoft Corp (MSFT)
COM PUT · CUSIP 594918104
0.8%$2.2bn5,997,300
-$309m
-881,600 shares
Trimmed
Nvidia Corporation (NVDA)
COM · CUSIP 67066G104
0.9%$2.4bn12,157,614
+$587m
+1,571,967 shares
Added
Amazon Com Inc (AMZN)
COM PUT · CUSIP 023135106
0.9%$2.5bn10,636,200
+$258m
-299,200 shares
Trimmed
Apple Inc (AAPL)
COM PUT · CUSIP 037833100
1.0%$2.6bn9,103,300
+$425m
+396,600 shares
Added
Advanced Micro Devices Inc (AMD)
COM PUT · CUSIP 007903107
1.0%$2.7bn4,729,800
+$1.7bn
-546,100 shares
Trimmed
Space Exploration Techn Corp
CLASS A COM STK · CUSIP 84615Q103
1.1%$3.0bn17,604,863No earlier filingNew
Invesco QQQ TR
UNIT SER 1 CALL · CUSIP 46090E103
1.1%$3.0bn4,074,700No earlier filingNew
State STR SPDR S&P 500 ETF T
TR UNIT PUT · CUSIP 78462F103
1.2%$3.2bn4,309,500
+$1.4bn
+1,576,200 shares
Added
Micron Technology Inc (MU)
COM PUT · CUSIP 595112103
1.2%$3.3bn2,824,100
+$2.6bn
+1,004,400 shares
Added
State STR SPDR S&P 500 ETF T
TR UNIT CALL · CUSIP 78462F103
1.3%$3.5bn4,746,200
+$2.5bn
+3,173,400 shares
Added
State STR SPDR S&P 500 ETF T
TR UNIT · CUSIP 78462F103
1.3%$3.6bn4,857,109
+$3.2bn
+4,234,187 shares
Added
Invesco QQQ TR
UNIT SER 1 PUT · CUSIP 46090E103
1.4%$4.0bn5,422,200No earlier filingNew
iShares TR
RUSSELL 2000 ETF CALL · CUSIP 464287655
1.6%$4.4bn14,519,000
+$1.4bn
+2,528,700 shares
Added
Nvidia Corporation (NVDA)
COM PUT · CUSIP 67066G104
1.8%$5.1bn25,464,200
+$976m
+1,846,200 shares
Added
iShares TR
RUSSELL 2000 ETF PUT · CUSIP 464287655
3.6%$10.0bn33,283,000
+$38m
-6,886,200 shares
Trimmed
iShares TR
CORE S&P500 ETF · CUSIP 464287200
3.9%$10.9bn14,503,932
+$2.4bn
+1,518,126 shares
Added

Every filing on file

QuarterPeriod endFiledBookPositionsTop 10Filing
Q2 202630 Jun 202614 Aug 2026$276bn5,79618%13F-HR
Q1 202631 Mar 202615 May 2026$240bn5,62217%13F-HR
Q4 202531 Dec 202517 Feb 2026$238bn5,95019%13F-HR
Q3 202530 Sept 202514 Nov 2025$234bn5,97818%13F-HR
Q2 202530 Jun 202514 Aug 2025$207bn5,80516%13F-HR
Q1 202531 Mar 202515 May 2025$188bn5,78716%13F-HR
Q4 202431 Dec 202414 Feb 2025$205bn5,89016%13F-HR
Q3 202430 Sept 202414 Nov 2024$211bn6,03017%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.

Compare this against every other manager →How a hedge fund interview runs →

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.

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