13F filer · CIK 1273087 ↗
Millennium Management
You are looking at Q1 2025. See the latest, Q2 2026 →
Reported value
$187.88B
−8.2% on the quarter before
Positions
5,787
786 new · 889 sold out
Top 10
15.9%
of the value
Est. gain
−$3.55B
on stocks held all quarter
Est. return
−4.9%
on those stocks since Q4 2024
Positions as of Mar 31, 2025, 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, 24% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2024. Striped tiles are options.
Largest buys
Since Q4 2024, 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.
- Ishares Tr~$2.11BAdded · 1.6% → 2.8%+3,757,143 shares
- Crh PlcCALL~$671.0MNew · 0.0% → 0.4%+100,200 underlying
- Ishares TrPUT~$527.8MAdded · 0.3% → 0.6%+6,689,800 underlying
- MicrosoftPUT~$445.1MAdded · 0.9% → 1.1%+1,185,600 underlying
- Invesco Qqq TrCALL~$394.5MAdded · 0.8% → 1.0%+841,300 underlying
- AmazonPUT~$368.5MAdded · 0.9% → 1.1%+1,936,700 underlying
- Alphabet~$317.3MAdded · 0.1% → 0.3%+2,051,633 shares
- Linde Plc~$290.4MAdded · 0.1% → 0.2%+623,687 shares
- Danaher Corporation~$275.1MAdded · 0.1% → 0.2%+1,342,105 shares
- AlphabetPUT~$246.4MAdded · 0.7% → 0.7%+1,593,500 underlying
Largest sells
Since Q4 2024, 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~$761.0MCut · 1.4% → 1.0%−3,425,900 underlying
- Broadcom~$732.2MCut · 0.8% → 0.3%−4,373,217 shares
- Ishares Tr~$730.9MCut · 0.4% → 0.0%−2,382,878 shares
- SPDR S&P 500 ETF TrCALL~$595.5MCut · 0.7% → 0.4%−1,064,500 underlying
- Ishares Bitcoin Trust ETF~$574.0MCut · 0.8% → 0.4%−12,263,042 shares
- Meta~$572.7MCut · 0.7% → 0.5%−993,694 shares
- Ishares TrCALL~$547.4MCut · 1.5% → 1.1%−2,744,200 underlying
- Bristol-Myers Squibb Co~$483.5MCut · 0.2% → 0.0%−7,928,263 shares
- Conocophillips~$442.7MCut · 0.2% → 0.0%−4,214,932 shares
- Netflix~$375.0MCut · 0.3% → 0.2%−402,139 shares
Holdings
As of Mar 31, 2025. Changes are in shares against Dec 31, 2024, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ishares TrCORE S&P500 ETF · shares +68% · price −4.5% | 2.8% | $5.23B | −$148.7M | ||||||||
| Ishares TrPUTRUSSELL 2000 ETF · shares −0.8% | 2.7% | $5.10B | — | ||||||||
| Invesco Qqq TrPUTUNIT SER 1 · shares −3.9% | 2.1% | $3.97B | — | ||||||||
| SPDR S&P 500 ETF TrPUTTR UNIT · shares −8.3% | 1.5% | $2.83B | — | ||||||||
| NvidiaPUTCOM · shares −4.9% | 1.5% | $2.76B | — | ||||||||
| Ishares TrCALLRUSSELL 2000 ETF · shares −20% | 1.1% | $2.14B | — | ||||||||
| MicrosoftPUTCOM · shares +28% | 1.1% | $2.06B | — | ||||||||
| AmazonPUTCOM · shares +23% | 1.1% | $2.00B | — | ||||||||
| Invesco Qqq TrCALLUNIT SER 1 · shares +27% | 0.99% | $1.87B | — | ||||||||
| ApplePUTCOM · shares −29% | 0.97% | $1.82B | — | ||||||||
| MetaPUTCL A · shares −19% | 0.76% | $1.42B | — | ||||||||
| AlphabetPUTCAP STK CL A · shares +23% | 0.71% | $1.34B | — | ||||||||
| AppleCALLCOM · shares −13% | 0.68% | $1.28B | — | ||||||||
| NvidiaCALLCOM · shares +5.3% | 0.65% | $1.23B | — | ||||||||
| Ishares TrPUTIBOXX HI YD ETF · shares +81% | 0.63% | $1.18B | — | ||||||||
| TeslaPUTCOM · shares −3.9% | 0.62% | $1.16B | — | ||||||||
| NvidiaCOM · shares −7.4% · price −19.3% | 0.53% | $1.00B | −$239.2M | ||||||||
| TeslaCALLCOM · shares +7.9% | 0.49% | $920.6M | — | ||||||||
| AmazonCALLCOM · shares +2.6% | 0.48% | $907.9M | — | ||||||||
| MetaCL A · shares −39% · price −1.6% | 0.48% | $900.4M | −$14.3M | ||||||||
| Select Sector SPDR TrPUTENERGY · shares −3.0% | 0.47% | $882.8M | — | ||||||||
| AmazonCOM · shares +5.3% · price −13.3% | 0.46% | $867.0M | −$126.1M | ||||||||
| MicrosoftCALLCOM · shares +6.3% | 0.45% | $853.0M | — | ||||||||
| MetaCALLCL A · shares −10% | 0.45% | $852.3M | — | ||||||||
| BroadcomPUTCOM · shares −1.8% | 0.45% | $849.6M | — | ||||||||
| Total · 5,787 positions | 100% | $187.88B | −$3.55B |
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 Q4 2024 to Q1 2025: 3,385 stocks held throughout, down $3.55B (−4.9%).
- Boston Scientific Corp+$86.8M+12%
- Cvs Health Corp+$85.2M+51%
- Hess Corp+$62.2M+20%
- Alibaba+$55.1M+56%
- Credo Technology Group Holdi4:1 split+$46.6M+139%
- Amazon−$126.1M−13%
- Ishares Tr−$148.7M−5%
- Tesla−$160.8M−36%
- Broadcom−$190.1M−28%
- Nvidia−$239.2M−19%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 39 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 ↗ |