13F filer · CIK 1273087 ↗
Millennium Management
You are looking at Q3 2020. See the latest, Q2 2026 →
Reported value
$81.22B
+11% on the quarter before
Positions
4,381
1,013 new · 746 sold out
Top 10
17.7%
of the value
Est. gain
+$1.99B
on stocks held all quarter
Est. return
+8.3%
on those stocks since Q2 2020
Positions as of Sep 30, 2020, from Millennium Management's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 27% of the reported value, each sized by its share, colored by what the fund did with it since Q2 2020. Striped tiles are options.
Largest buys
Since Q2 2020, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- ApplePUT~$1.48BAdded · 1.5% → 2.2%+12,775,200 underlying
- AppleCALL~$1.00BAdded · 0.5% → 1.4%+8,636,200 underlying
- TeslaPUT~$745.6MAdded · 0.5% → 1.1%+1,738,000 underlying
- Invesco Qqq TrPUT~$636.6MAdded · 1.9% → 2.7%+2,291,400 underlying
- MicrosoftPUT~$546.4MAdded · 1.0% → 1.6%+2,597,900 underlying
- Invesco Qqq TrCALL~$444.2MAdded · 0.9% → 1.4%+1,598,600 underlying
- Select Sector SPDR TrPUT~$299.4MAdded · 0.1% → 0.4%+2,838,600 underlying
- MicrosoftCALL~$297.9MAdded · 0.5% → 0.8%+1,416,500 underlying
- Tesla~$290.0MAdded · 0.2% → 0.6%+41,950 shares
- Ishares TrPUT~$286.1MNew · 0.0% → 0.4%+3,410,000 underlying
Largest sells
Since Q2 2020, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- SPDR S&P 500 ETF TrPUT~$2.75BCut · 4.9% → 1.4%−8,199,600 underlying
- SPDR S&P 500 ETF TrCALL~$1.94BCut · 3.2% → 0.8%−5,807,700 underlying
- Vaneck Vectors ETF TrCALL~$325.0MCut · 0.5% → 0.0%−8,300,000 underlying
- Jpmorgan Chase & Co~$272.4MCut · 0.5% → 0.1%−2,829,764 shares
- Intel~$222.0MCut · 0.5% → 0.1%−4,287,486 shares
- Mastercard~$218.1MCut · 0.3% → 0.0%−644,801 shares
- Honeywell Technologies~$196.1MCut · 0.3% → 0.0%−1,191,370 shares
- Iac Interactivecorp~$192.6MSold out · 0.3% → 0.0%−595,512 shares
- Tech Data Corp~$186.4MSold out · 0.3% → 0.0%−1,286,337 shares
- Ishares TrPUT~$182.9MCut · 2.5% → 2.1%−1,221,200 underlying
Holdings
As of Sep 30, 2020. Changes are in shares against Jun 30, 2020, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Invesco Qqq TrPUTUNIT SER 1 · shares +41% | 2.7% | $2.17B | — | ||||||||
| ApplePUTCOM · shares +438% | 2.2% | $1.82B | — | ||||||||
| Ishares TrPUTRUSSELL 2000 ETF · shares −9.6% | 2.1% | $1.73B | — | ||||||||
| AmazonPUTCOM · shares +15% | 2.0% | $1.59B | — | ||||||||
| Ishares TrCALLRUSSELL 2000 ETF · shares −1.6% | 1.7% | $1.41B | — | ||||||||
| MicrosoftPUTCOM · shares +72% | 1.6% | $1.30B | — | ||||||||
| Invesco Qqq TrCALLUNIT SER 1 · shares +61% | 1.4% | $1.18B | — | ||||||||
| SPDR S&P 500 ETF TrPUTTR UNIT · shares −70% | 1.4% | $1.16B | — | ||||||||
| AppleCALLCOM · shares +822% | 1.4% | $1.12B | — | ||||||||
| TeslaPUTCOM · shares +527% | 1.1% | $887.2M | — | ||||||||
| MetaPUTCL A · shares +26% | 0.91% | $740.8M | — | ||||||||
| AlibabaPUTSPONSORED ADS · shares +34% | 0.90% | $729.2M | — | ||||||||
| AmazonCALLCOM · shares +71% | 0.81% | $658.4M | — | ||||||||
| MicrosoftCALLCOM · shares +86% | 0.79% | $643.8M | — | ||||||||
| Select Sector SPDR TrPUTTECHNOLOGY · shares +69% | 0.76% | $618.0M | — | ||||||||
| SPDR S&P 500 ETF TrCALLTR UNIT · shares −76% | 0.75% | $610.7M | — | ||||||||
| TeslaNOTE 2.000% 5/1 · shares +130% · price +96.8% | 0.63% | $512.9M | +$109.7M | ||||||||
| AlphabetPUTCAP STK CL A · shares +3.0% | 0.60% | $487.0M | — | ||||||||
| NetflixPUTCOM · shares +17% | 0.54% | $441.8M | — | ||||||||
| NvidiaPUTCOM · shares −9.2% | 0.54% | $438.2M | — | ||||||||
| AmazonCOM · shares +55% · price +14.1% | 0.52% | $423.1M | +$33.8M | ||||||||
| Ishares TrPUTMSCI EMG MKT ETF · shares +67% | 0.52% | $421.8M | — | ||||||||
| MetaCALLCL A · shares +134% | 0.48% | $386.1M | — | ||||||||
| Select Sector SPDR TrPUTSBI HEALTHCARE · shares +540% | 0.44% | $354.8M | — | ||||||||
| MicrosoftCOM · shares +101% · price +3.4% | 0.41% | $331.2M | +$5.3M | ||||||||
| Total · 4,381 positions | 100% | $81.22B | +$1.99B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q2 2020 to Q3 2020: 2,806 stocks held throughout, up $1.99B (+8.3%).
- Tesla18:1 split+$210.1M+615%
- Tesla+$109.7M+97%
- Immunomedics Inc+$94.5M+140%
- Nio Inc+$72.9M+175%
- Fedex Corp+$67.6M+79%
- Bmc Stk Hldgs Inc1:9 split−$14.1M−81%
- Bristol-Myers Squibb Co−$15.5M−37%
- Reata Pharmaceuticals Inc−$16.5M−38%
- Marathon Pete Corp−$17.5M−22%
- Scientific Games Corp1:12 split−$19.9M−81%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 26 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 14, 2026 | $276.29B+15% | SEC ↗ |
| Q1 2026 | May 15, 2026 | $240.29B+1% | SEC ↗ |
| Q4 2025 | Feb 17, 2026 | $237.79B+1% | SEC ↗ |
| Q3 2025 | Nov 14, 2025 | $234.29B+13% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $207.08B+10% | SEC ↗ |
| Q1 2025 | May 15, 2025 | $187.88B−8% | SEC ↗ |
| Q4 2024 | Feb 14, 2025 | $204.64B−3% | SEC ↗ |
| Q3 2024 | Nov 14, 2024 | $210.88B−2% | SEC ↗ |
| Q2 2024 | Aug 14, 2024 | $215.93B−8% | SEC ↗ |
| Q1 2024 | May 15, 2024 | $234.10B+1% | SEC ↗ |
| Q4 2023 | Feb 14, 2024 | $231.13B+17% | SEC ↗ |
| Q3 2023 | Nov 14, 2023 | $198.14B−2% | SEC ↗ |
| Q2 2023 | Aug 14, 2023 | $202.79B+16% | SEC ↗ |
| Q1 2023 | May 15, 2023 | $174.39B−4% | SEC ↗ |
| Q4 2022 | Feb 14, 2023 | $180.74B+7% | SEC ↗ |
| Q3 2022 | Nov 14, 2022 | $169.10B+5% | SEC ↗ |
| Q2 2022 | Aug 15, 2022 | $161.19B−15% | SEC ↗ |
| Q1 2022 | May 16, 2022 | $188.64B−4% | SEC ↗ |
| Q4 2021 | Feb 14, 2022 | $196.76B+18% | SEC ↗ |
| Q3 2021 | Nov 15, 2021 | $166.71B+2% | SEC ↗ |
| Q2 2021 | Aug 16, 2021 | $163.01B+17% | SEC ↗ |
| Q1 2021 | May 17, 2021 | $139.75B+1% | SEC ↗ |
| Q4 2020 | Feb 16, 2021 | $138.49B+71% | SEC ↗ |
| Q3 2020 | Nov 16, 2020 | $81.22B+11% | SEC ↗ |
| Q2 2020 | Aug 14, 2020 | $72.98B+64% | SEC ↗ |
| Q1 2020 | May 14, 2020 | $44.50B−44% | SEC ↗ |
| Q4 2019 | Feb 14, 2020 | $79.93B+26% | SEC ↗ |
| Q3 2019 | Nov 14, 2019 | $63.26B−5% | SEC ↗ |
| Q2 2019 | Aug 15, 2019 (amended) | $66.52B−0% | SEC ↗ |
| Q1 2019 | May 14, 2019 | $66.82B+4% | SEC ↗ |
| Q4 2018 | Feb 15, 2019 (amended) | $64.13B−21% | SEC ↗ |
| Q3 2018 | Nov 14, 2018 | $81.59B+6% | SEC ↗ |
| Q2 2018 | Aug 14, 2018 | $76.66B+2% | SEC ↗ |
| Q1 2018 | May 15, 2018 | $74.94B+3% | SEC ↗ |
| Q4 2017 | Feb 14, 2018 | $72.45B+10% | SEC ↗ |
| Q3 2017 | Nov 14, 2017 | $65.63B+17% | SEC ↗ |
| Q2 2017 | Aug 14, 2017 | $56.06B+3% | SEC ↗ |
| Q1 2017 | May 15, 2017 | $54.58B+14% | SEC ↗ |
| Q4 2016 | Feb 14, 2017 | $47.75B−20% | SEC ↗ |
| Q3 2016 | Nov 14, 2016 | $59.64B+37% | SEC ↗ |
| Q2 2016 | Aug 15, 2016 | $43.69B+9% | SEC ↗ |
| Q1 2016 | May 16, 2016 | $40.01B | SEC ↗ |