Israel Englander Millennium Management
Israel “Izzy” Englander is the founder of Millennium Management, one of the world’s largest multi-strategy hedge fund platforms. Millennium allocates capital across hundreds of independent teams rather than a single house view, with rigorous risk controls at the platform level. Englander’s model has been highly influential in the rise of pod-shop multi-manager structures across the industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$643M |
| 2 |
AT&T
T
|
+$311M |
| 3 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$306M |
| 4 |
Microsoft
MSFT
|
+$292M |
| 5 |
Ametek
AME
|
+$215M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$887M |
| 2 |
Apple
AAPL
|
+$694M |
| 3 |
PRAH
PRA Health Sciences, Inc.
PRAH
|
+$616M |
| 4 |
Amazon
AMZN
|
+$596M |
| 5 |
Linde
LIN
|
+$531M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.69% |
| 2 | Financials | 6.83% |
| 3 | Healthcare | 6.42% |
| 4 | Industrials | 4.98% |
| 5 | Consumer Discretionary | 4.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Netflix
NFLX
$331B
| $127M | 0.08% |
2,088,970
-82,400
| -4% | -$4.53M |
|
227
PUT
PepsiCo
PEP
$196B
| $127M | 0.08% |
845,600
-142,200
| -14% | -$22M |
|
228
PUT
Zillow
Z
$8.07B
| $126M | 0.08% |
1,435,100
-80,300
| -5% | -$8.12M |
|
229
CALL
VanEck Gold Miners ETF
GDX
$31.8B
| $126M | 0.08% |
4,291,600
+743,700
| +21% | +$24.2M |
|
230
Vertex Pharmaceuticals
VRTX
$139B
| $126M | 0.08% |
695,708
+331,296
| +91% | +$64.7M |
|
231
PUT
Honeywell
HON
$68.4B
| $126M | 0.08% |
629,916
+406,257
| +182% | +$86.6M |
|
232
Bio-Rad Laboratories Class A
BIO
$10.2B
| $126M | 0.08% |
168,242
+43,809
| +35% | +$32.8M |
|
233
Crown Castle
CCI
$32.1B
| $125M | 0.08% |
723,714
+472,989
| +189% | +$91.4M |
|
234
D.R. Horton
DHI
$41.5B
| $125M | 0.07% |
1,487,703
+1,165,164
| +361% | +$107M |
|
|
235
CALL
Netflix
NFLX
$331B
| $125M | 0.07% |
2,042,000
+282,000
| +16% | +$15.5M |
|
236
PUT
Wells Fargo
WFC
$254B
| $124M | 0.07% |
2,681,100
+456,700
| +21% | +$21.1M |
|
237
SBA Communications
SBAC
$19.4B
| $124M | 0.07% |
375,041
-43,314
| -10% | -$15M |
|
238
HCA Healthcare
HCA
$92.9B
| $124M | 0.07% |
510,760
+447,006
| +701% | +$109M |
|
239
PUT
Intuit
INTU
$100B
| $123M | 0.07% |
227,600
-33,300
| -13% | -$17.9M |
|
240
Avantor
AVTR
$9.78B
| $123M | 0.07% |
2,996,461
+249,626
| +9% | +$9.75M |
|
241
CALL
ServiceNow
NOW
$133B
| $122M | 0.07% |
982,000
+555,500
| +130% | +$67.3M |
|
|
PXD
242
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $122M | 0.07% |
730,600
+150,000
| +26% | +$22.7M |
|
243
CALL
ARK Innovation ETF
ARKK
$6.72B
| $122M | 0.07% |
1,100,000
+169,700
| +18% | +$20.4M |
|
244
LPL Financial
LPLA
$28.5B
| $120M | 0.07% |
765,379
+35,362
| +5% | +$5.08M |
|
245
CALL
General Motors
GM
$77.2B
| $120M | 0.07% |
2,272,100
+1,566,700
| +222% | +$83.3M |
|
|
MRO
246
DELISTED
Marathon Oil Corporation
MRO
| $118M | 0.07% |
8,624,955
-105,895
| -1% | -$1.28M |
|
247
Westlake Corp
WLK
$10.1B
| $118M | 0.07% |
1,291,436
+612,509
| +90% | +$52.5M |
|
248
Workday
WDAY
$49.4B
| $117M | 0.07% |
470,096
+310,952
| +195% | +$77M |
|
249
Spotify
SPOT
$110B
| $117M | 0.07% |
520,114
+360,851
| +227% | +$85.1M |
|
250
CALL
Johnson & Johnson
JNJ
$651B
| $117M | 0.07% |
724,200
-15,200
| -2% | -$2.59M |
|
Similar funds
Israel Englander's Q3 2021 Portfolio in Review
As of Q3 2021, Israel Englander held 7,698 positions worth $167B, up 2.3% from $163B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander deployed $8.65B of net new capital in Q3 2021, opening 1,245 new positions and adding to 2,719 existing holdings. Its largest new stake was Sight Sciences: 1,577,092 shares worth $35.8M.
By sector, the portfolio is most concentrated in Technology at 7.7% of assets, down from 8.2% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Apple, an estimated $694M trimmed.
- Israel Englander's largest Q3 2021 buy was Sight Sciences: 1,577,092 shares worth $35.8M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q3 2021, an estimated $643M increase.
- Israel Englander's biggest Q3 2021 reduction was Apple, cutting an estimated $694M.
- Israel Englander fully exited Alexion Pharmaceuticals in Q3 2021, selling an estimated $887M.
- Israel Englander's ten largest holdings make up 18% of its $167B portfolio in Q3 2021.
- Israel Englander opened 1,245 new positions and closed 981 in Q3 2021.
- Israel Englander's portfolio value rose 2.3% quarter-over-quarter to $167B.
Based on Millennium Management's 13F filing for Q3 2021, filed 15 Nov 2021.