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 |
Invesco QQQ Trust
QQQ
|
+$517M |
| 2 |
NXP Semiconductors
NXPI
|
+$351M |
| 3 |
Oracle
ORCL
|
+$279M |
| 4 |
Palo Alto Networks
PANW
|
+$268M |
| 5 |
Boston Scientific
BSX
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CERN
Cerner Corp
CERN
|
+$517M |
| 2 |
ExxonMobil
XOM
|
+$385M |
| 3 |
Cenovus Energy
CVE
|
+$292M |
| 4 |
PLAN
Anaplan, Inc.
PLAN
|
+$236M |
| 5 |
Phillips 66
PSX
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.76% |
| 2 | Financials | 7.66% |
| 3 | Healthcare | 7.12% |
| 4 | Industrials | 5.11% |
| 5 | Consumer Discretionary | 4.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Biogen
BIIB
$31.7B
| $119M | 0.07% |
581,647
-22,566
| -4% | -$4.61M |
|
227
Cadence Design Systems
CDNS
$86.3B
| $118M | 0.07% |
787,905
+177,478
| +29% | +$26.8M |
|
228
PUT
McKesson
MCK
$101B
| $118M | 0.07% |
362,100
+101,900
| +39% | +$32.6M |
|
229
Danaher
DHR
$151B
| $118M | 0.07% |
524,426
+34,236
| +7% | +$7.89M |
|
230
PUT
American Airlines Group
AAL
$9.02B
| $118M | 0.07% |
9,271,000
+1,253,900
| +16% | +$20.9M |
|
231
CALL
Salesforce
CRM
$171B
| $118M | 0.07% |
712,200
+28,800
| +4% | +$5.09M |
|
232
Fidelity National Financial
FNF
$12.7B
| $117M | 0.07% |
3,300,362
+378,436
| +13% | +$14.8M |
|
233
CALL
Berkshire Hathaway Class B
BRK.B
$1.07T
| $117M | 0.07% |
428,400
-198,900
| -32% | -$62.4M |
|
|
B
234
Barrick Mining
B
$78.6B
| $117M | 0.07% |
6,607,078
+602,222
| +10% | +$13.1M |
|
235
Chubb
CB
$133B
| $116M | 0.07% |
592,268
+267,125
| +82% | +$55M |
|
|
PDCE
236
DELISTED
PDC Energy, Inc.
PDCE
| $116M | 0.07% |
1,887,582
+1,660,926
| +733% | +$120M |
|
237
Intuitive Surgical
ISRG
$133B
| $116M | 0.07% |
579,398
+90,184
| +18% | +$21.2M |
|
238
Vail Resorts
MTN
$5.41B
| $116M | 0.07% |
532,815
+325,503
| +157% | +$79.6M |
|
239
CALL
Wells Fargo
WFC
$255B
| $116M | 0.07% |
2,960,400
+254,900
| +9% | +$11.2M |
|
|
SGEN
240
DELISTED
Seagen Inc. Common Stock
SGEN
| $116M | 0.07% |
653,570
+449,600
| +220% | +$64.8M |
|
241
CALL
iShares China Large-Cap ETF
FXI
$4.24B
| $116M | 0.07% |
3,408,800
+1,877,100
| +123% | +$58.8M |
|
|
COHR
242
DELISTED
Coherent Inc
COHR
| $114M | 0.07% |
429,243
-52,329
| -11% | -$14M |
|
243
CALL
AbbVie
ABBV
$469B
| $114M | 0.07% |
743,200
-179,300
| -19% | -$27.4M |
|
244
United Therapeutics
UTHR
$22B
| $113M | 0.07% |
481,398
-102,400
| -18% | -$20.8M |
|
245
Automatic Data Processing
ADP
$112B
| $113M | 0.07% |
537,877
+54,111
| +11% | +$11.9M |
|
246
General Mills
GIS
$21.9B
| $113M | 0.07% |
1,493,122
+1,378,135
| +1,199% | +$96.5M |
|
247
Synchrony
SYF
$26B
| $113M | 0.07% |
4,078,589
+1,404,388
| +53% | +$48.8M |
|
|
TMX
248
DELISTED
Terminix Global Holdings, Inc.
TMX
| $113M | 0.07% |
2,769,022
+817,706
| +42% | +$35.5M |
|
249
Jazz Pharmaceuticals
JAZZ
$16.4B
| $112M | 0.07% |
720,130
-87,519
| -11% | -$13.5M |
|
250
PUT
Lam Research
LRCX
$382B
| $112M | 0.07% |
2,635,000
+6,000
| +0.2% | +$286K |
|
Similar funds
Israel Englander's Q2 2022 Portfolio in Review
As of Q2 2022, Israel Englander held 7,971 positions worth $161B, down 15% from $189B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Israel Englander deployed $7.94B of net new capital in Q2 2022, opening 1,144 new positions and adding to 2,588 existing holdings. Its largest new stake was M&T Bank: 828,809 shares worth $132M.
By sector, the portfolio is most concentrated in Technology at 7.8% of assets, up from 7.2% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was ExxonMobil, an estimated $385M trimmed.
- Israel Englander's largest Q2 2022 buy was M&T Bank: 828,809 shares worth $132M.
- Israel Englander added most to Invesco QQQ Trust in Q2 2022, an estimated $517M increase.
- Israel Englander's biggest Q2 2022 reduction was ExxonMobil, cutting an estimated $385M.
- Israel Englander fully exited Cerner Corp in Q2 2022, selling an estimated $517M.
- Israel Englander's ten largest holdings make up 23% of its $161B portfolio in Q2 2022.
- Israel Englander opened 1,144 new positions and closed 1,065 in Q2 2022.
- Israel Englander's portfolio value fell 15% quarter-over-quarter to $161B.
Based on Millennium Management's 13F filing for Q2 2022, filed 15 Aug 2022.