13F filer · CIK 1273087 ↗
Millennium Management
You are looking at Q4 2021. See the latest, Q2 2026 →
Reported value
$196.76B
+18% on the quarter before
Positions
6,691
1,254 new · 1,272 sold out
Top 10
18.7%
of the value
Est. gain
+$2.45B
on stocks held all quarter
Est. return
+4.8%
on those stocks since Q3 2021
Positions as of Dec 31, 2021, 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 Q3 2021. Striped tiles are options.
Largest buys
Since Q3 2021, 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.
- Invesco Qqq TrPUT~$2.75BAdded · 2.7% → 4.0%+6,916,200 underlying
- Ishares Tr~$1.43BAdded · 0.0% → 0.7%+3,003,860 shares
- Ishares TrPUT~$1.12BAdded · 2.0% → 2.3%+5,039,500 underlying
- Apple~$1.09BAdded · 0.2% → 0.8%+6,146,839 shares
- Tesla~$983.9MAdded · 0.1% → 0.6%+931,006 shares
- Nvidia~$826.3MAdded · 0.1% → 0.6%+2,809,622 shares
- SPDR S&P 500 ETF Tr~$767.8MAdded · 0.4% → 0.8%+1,616,522 shares
- Ishares TrPUT~$716.9MAdded · 0.0% → 0.4%+5,410,000 underlying
- AlphabetPUT~$542.6MAdded · 0.6% → 0.8%+187,300 underlying
- Walt Disney Company (The)PUT~$523.6MAdded · 0.2% → 0.4%+3,380,400 underlying
Largest sells
Since Q3 2021, 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.
- Invesco Qqq TrCALL~$3.20BCut · 3.2% → 1.4%−8,038,300 underlying
- MetaCALL~$473.9MCut · 0.6% → 0.2%−1,408,800 underlying
- Ishares TrPUT~$446.4MCut · 0.6% → 0.3%−5,130,200 underlying
- AlibabaCALL~$385.3MCut · 0.8% → 0.4%−3,243,700 underlying
- AppleCALL~$374.2MCut · 0.8% → 0.6%−2,107,500 underlying
- AmazonCALL~$344.4MCut · 0.7% → 0.4%−103,300 underlying
- Select Sector SPDR Tr~$307.4MCut · 0.2% → 0.0%−1,768,129 shares
- IBMPUT~$295.4MSold out · 0.2% → 0.0%−2,126,100 underlying
- Willis Towers Watson Plc Ltd~$256.8MCut · 0.2% → 0.0%−1,081,306 shares
- AlibabaPUT~$256.4MCut · 0.8% → 0.4%−2,158,400 underlying
Holdings
As of Dec 31, 2021. Changes are in shares against Sep 30, 2021, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Invesco Qqq TrPUTUNIT SER 1 · shares +55% | 4.0% | $7.79B | — | ||||||||
| ApplePUTCOM · shares +8.3% | 2.5% | $5.01B | — | ||||||||
| TeslaPUTCOM · shares +6.9% | 2.4% | $4.75B | — | ||||||||
| Ishares TrPUTRUSSELL 2000 ETF · shares +33% | 2.3% | $4.51B | — | ||||||||
| AmazonPUTCOM · shares +0.7% | 2.1% | $4.18B | — | ||||||||
| Invesco Qqq TrCALLUNIT SER 1 · shares −54% | 1.4% | $2.73B | — | ||||||||
| MicrosoftPUTCOM · shares +0.8% | 1.0% | $1.99B | — | ||||||||
| Ishares TrCALLRUSSELL 2000 ETF · shares +16% | 1.00% | $1.96B | — | ||||||||
| NvidiaPUTCOM · shares +26% | 0.98% | $1.93B | — | ||||||||
| SPDR S&P 500 ETF TrPUTTR UNIT · shares +19% | 0.93% | $1.84B | — | ||||||||
| MetaPUTCL A · shares +8.8% | 0.86% | $1.70B | — | ||||||||
| AlphabetPUTCAP STK CL A · shares +53% | 0.80% | $1.57B | — | ||||||||
| SPDR S&P 500 ETF TrTR UNIT · shares +105% · price +10.7% | 0.76% | $1.50B | +$70.2M | ||||||||
| AppleCOM · shares +271% · price +25.5% | 0.76% | $1.49B | +$81.7M | ||||||||
| Ishares TrCORE S&P500 ETF · shares +10,280% · price +10.7% | 0.74% | $1.45B | +$1.3M | ||||||||
| Select Sector SPDR TrPUTTECHNOLOGY · shares +6.6% | 0.71% | $1.39B | — | ||||||||
| AppleCALLCOM · shares −23% | 0.64% | $1.26B | — | ||||||||
| TeslaCOM · shares +522% · price +36.3% | 0.60% | $1.17B | +$50.2M | ||||||||
| NvidiaCOM · shares +259% · price +42.0% | 0.58% | $1.15B | +$94.5M | ||||||||
| AmazonCOM · shares +78% · price +1.5% | 0.50% | $982.0M | +$8.2M | ||||||||
| AMDPUTCOM · shares +7.2% | 0.49% | $961.1M | — | ||||||||
| TeslaCALLCOM · shares −16% | 0.49% | $956.3M | — | ||||||||
| NetflixPUTCOM · shares +0.6% | 0.49% | $955.3M | — | ||||||||
| Walt Disney Company (The)PUTCOM · shares +150% | 0.44% | $871.7M | — | ||||||||
| MicrosoftCOM · shares +45% · price +19.3% | 0.44% | $871.4M | +$97.5M | ||||||||
| Total · 6,691 positions | 100% | $196.76B | +$2.45B |
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 Q3 2021 to Q4 2021: 4,188 stocks held throughout, up $2.45B (+4.8%).
- Microsoft+$97.5M+19%
- Nvidia+$94.5M+42%
- Xilinx Inc+$85.1M+40%
- Apple+$81.7M+25%
- Unitedhealth Group Inc+$76.3M+29%
- Moderna Inc−$24.1M−34%
- Alibaba−$35.9M−20%
- AT&T−$43.2M−9%
- PDD Holdings−$50.1M−36%
- Sea−$53.5M−28%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 46 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 ↗ |