A regulatory filing on May 26 revealed that Millennium Management has taken a 5.3% passive stake in ServiceTitan (TTAN). The Schedule 13G filing showed that entities associated with the firm and its manager, Israel A. Englander, held shared power over 4,383,747 Class A shares as of May 19, 2026.
This disclosure positions Millennium as one of the company's significant institutional shareholders. The filing clarifies the stake is for investment purposes and not intended to influence control of the company. The move comes as ServiceTitan's stock has declined significantly over the past year, which some analysts believe presents a favorable risk-reward opportunity.