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 |
iShares Core S&P 500 ETF
IVV
|
+$4.37B |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$488M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$449M |
| 4 |
Apple
AAPL
|
+$402M |
| 5 |
HES
Hess
HES
|
+$377M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.47B |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$1.44B |
| 3 |
NVIDIA
NVDA
|
+$783M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$722M |
| 5 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$650M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.34% |
| 2 | Healthcare | 6.09% |
| 3 | Financials | 5% |
| 4 | Consumer Discretionary | 4.53% |
| 5 | Industrials | 4.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
CALL
UnitedHealth
UNH
$350B
| $168M | 0.07% |
319,500
-71,900
| -18% | -$38.3M |
|
227
PUT
Mercado Libre
MELI
$97.5B
| $168M | 0.07% |
107,000
-12,300
| -10% | -$17.4M |
|
228
CALL
SPDR Gold Trust
GLD
$152B
| $168M | 0.07% |
879,200
+200,300
| +30% | +$36.7M |
|
229
Intercontinental Exchange
ICE
$90.5B
| $168M | 0.07% |
1,306,479
+230,969
| +21% | +$26.2M |
|
230
Starbucks
SBUX
$122B
| $168M | 0.07% |
1,745,451
+604,109
| +53% | +$58.8M |
|
231
CALL
Cisco
CSCO
$438B
| $167M | 0.07% |
3,300,200
-490,700
| -13% | -$25.1M |
|
232
GFL Environmental
GFL
$14.8B
| $167M | 0.07% |
4,828,592
+3,593,034
| +291% | +$109M |
|
233
PUT
Datadog
DDOG
$84.6B
| $166M | 0.07% |
1,367,100
+593,700
| +77% | +$61.2M |
|
234
Marathon Petroleum
MPC
$101B
| $164M | 0.07% |
1,106,104
-231,245
| -17% | -$34.3M |
|
235
Qorvo
QRVO
$8.43B
| $163M | 0.07% |
1,446,826
+759,885
| +111% | +$73.4M |
|
236
American Electric Power
AEP
$65.8B
| $163M | 0.07% |
2,004,302
+1,624,133
| +427% | +$126M |
|
237
Spotify
SPOT
$110B
| $163M | 0.07% |
866,057
+544,580
| +169% | +$95.1M |
|
238
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $162M | 0.07% |
185,000
-21,800
| -11% | -$18M |
|
239
Lamb Weston
LW
$7.38B
| $162M | 0.07% |
1,501,030
+222,955
| +17% | +$21.5M |
|
240
Huntsman Corp
HUN
$1.75B
| $162M | 0.07% |
6,450,267
+4,048,815
| +169% | +$98.5M |
|
241
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $162M | 0.07% |
1,461,100
+492,300
| +51% | +$51.3M |
|
242
Kinder Morgan
KMI
$69B
| $161M | 0.07% |
9,150,488
+2,934,763
| +47% | +$50M |
|
243
CALL
AbbVie
ABBV
$468B
| $161M | 0.07% |
1,036,400
-564,400
| -35% | -$82.3M |
|
244
PUT
Valero Energy
VLO
$100B
| $160M | 0.07% |
1,232,300
+309,900
| +34% | +$39.4M |
|
245
General Dynamics
GD
$104B
| $159M | 0.07% |
614,138
+547,671
| +824% | +$134M |
|
246
Cencora
COR
$60.7B
| $159M | 0.07% |
776,334
-942,269
| -55% | -$184M |
|
247
Chevron
CVX
$403B
| $159M | 0.07% |
1,066,882
-485,502
| -31% | -$73.4M |
|
248
CALL
IBM
IBM
$222B
| $159M | 0.07% |
973,000
+87,700
| +10% | +$13.3M |
|
249
Dycom Industries
DY
$11.8B
| $159M | 0.07% |
1,377,691
+65,308
| +5% | +$6.2M |
|
250
Motorola Solutions
MSI
$79.5B
| $158M | 0.07% |
506,212
+217,840
| +76% | +$65.9M |
|
Similar funds
Israel Englander's Q4 2023 Portfolio in Review
As of Q4 2023, Israel Englander held 6,891 positions worth $231B, up 17% from $198B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Israel Englander deployed $7.99B of net new capital in Q4 2023, opening 816 new positions and adding to 2,304 existing holdings. Its largest new stake was Ferguson: 906,589 shares worth $175M.
By sector, the portfolio is most concentrated in Technology at 8.3% of assets, down from 9.2% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $2.47B trimmed.
- Israel Englander's largest Q4 2023 buy was Ferguson: 906,589 shares worth $175M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q4 2023, an estimated $4.37B increase.
- Israel Englander's biggest Q4 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.47B.
- Israel Englander fully exited Activision Blizzard in Q4 2023, selling an estimated $1.44B.
- Israel Englander's ten largest holdings make up 21% of its $231B portfolio in Q4 2023.
- Israel Englander opened 816 new positions and closed 883 in Q4 2023.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $231B.
Based on Millennium Management's 13F filing for Q4 2023, filed 14 Feb 2024.