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
|
+$1.38B |
| 2 |
Microsoft
MSFT
|
+$667M |
| 3 |
Spotify
SPOT
|
+$528M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$438M |
| 5 |
Eli Lilly
LLY
|
+$412M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.59B |
| 2 |
Amazon
AMZN
|
+$1.45B |
| 3 |
Merck
MRK
|
+$925M |
| 4 |
Broadcom
AVGO
|
+$765M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$672M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 51.89% |
| 2 | Technology | 8.59% |
| 3 | Healthcare | 7.29% |
| 4 | Financials | 7.2% |
| 5 | Industrials | 6.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Innovative Industrial Properties
IIPR
$1.56B
| $6.63M | ﹤0.01% |
49,281
+32,441
| +193% | +$3.95M |
|
2477
First Hawaiian
FHB
$3.15B
| $6.62M | ﹤0.01% |
285,982
+227,346
| +388% | +$5.32M |
|
2478
CALL
Universal Display
OLED
$3.91B
| $6.61M | ﹤0.01% |
31,500
+23,200
| +280% | +$4.7M |
|
2479
Canadian Pacific Kansas City
CP
$82.2B
| $6.61M | ﹤0.01% |
77,258
-34,169
| -31% | -$2.81M |
|
2480
Liberty Live Group Series A
LLYVA
$9.07B
| $6.6M | ﹤0.01% |
133,332
-344,877
| -72% | -$13.5M |
|
2481
Provident Financial Services
PFS
$3.07B
| $6.58M | ﹤0.01% |
354,705
-174,919
| -33% | -$3.09M |
|
2482
Erasca
ERAS
$6.52B
| $6.58M | ﹤0.01% |
2,410,550
+1,595,777
| +196% | +$4.5M |
|
2483
Nektar Therapeutics
NKTR
$2.46B
| $6.58M | ﹤0.01% |
337,448
+26,817
| +9% | +$511K |
|
2484
CALL
Ameriprise Financial
AMP
$49.3B
| $6.58M | ﹤0.01% |
14,000
+12,700
| +977% | +$5.51M |
|
2485
PUT
Builders FirstSource
BLDR
$7.2B
| $6.57M | ﹤0.01% |
33,900
+22,700
| +203% | +$3.76M |
|
2486
CALL
Canadian Imperial Bank of Commerce
CM
$104B
| $6.57M | ﹤0.01% |
80,700
-69,300
| -46% | -$3.75M |
|
2487
Donnelley Financial Solutions
DFIN
$1.2B
| $6.57M | ﹤0.01% |
99,767
-153,411
| -61% | -$9.96M |
|
2488
Capitol Federal Financial
CFFN
$1.07B
| $6.54M | ﹤0.01% |
1,120,446
+288,667
| +35% | +$1.7M |
|
|
QXO
2489
QXO Inc
QXO
$14.4B
| $6.54M | ﹤0.01% |
414,909
-1,804,249
| -81% | -$52.6M |
|
2490
Crane NXT
CXT
$2.85B
| $6.54M | ﹤0.01% |
116,622
+61,551
| +112% | +$3.58M |
|
2491
PUT
The Mosaic Company
MOS
$7.48B
| $6.54M | ﹤0.01% |
244,100
-207,200
| -46% | -$5.7M |
|
2492
Pan American Silver
PAAS
$22.2B
| $6.54M | ﹤0.01% |
313,103
-152,533
| -33% | -$3.22M |
|
2493
DXP Enterprises
DXPE
$2.96B
| $6.53M | ﹤0.01% |
122,456
+89,912
| +276% | +$4.51M |
|
2494
LendingTree
TREE
$404M
| $6.53M | ﹤0.01% |
112,533
-72,589
| -39% | -$3.75M |
|
2495
Bank of N.T. Butterfield & Son
NTB
$2.33B
| $6.53M | ﹤0.01% |
176,945
+75,722
| +75% | +$2.8M |
|
2496
ArcelorMittal
MT
$56.3B
| $6.52M | ﹤0.01% |
248,331
+165,101
| +198% | +$3.78M |
|
2497
iShares 7-10 Year Treasury Bond ETF
IEF
$42.9B
| $6.52M | ﹤0.01% |
66,449
-180,836
| -73% | -$17.5M |
|
|
XYZ
2498
PUT
Block Inc
XYZ
$51B
| $6.52M | ﹤0.01% |
97,100
-78,100
| -45% | -$5.05M |
|
2499
CALL
Krystal Biotech
KRYS
$10.4B
| $6.52M | ﹤0.01% |
35,800
+27,200
| +316% | +$5.24M |
|
2500
PUT
Xerox
XRX
$391M
| $6.52M | ﹤0.01% |
627,800
+49,100
| +8% | +$525K |
|
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Israel Englander's Q3 2024 Portfolio in Review
As of Q3 2024, Israel Englander held 6,698 positions worth $211B, down 2.3% from $216B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Israel Englander withdrew a net $16.9B in Q3 2024, closing 667 positions and reducing 2,445 holdings. Its most notable exit was WestRock Company, an estimated $161M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 52% of assets, up from 49% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Israel Englander opened a new position in Smurfit Westrock worth $94.1M.
- Israel Englander's largest Q3 2024 buy was Smurfit Westrock: 1,904,931 shares worth $94.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $1.38B increase.
- Israel Englander's biggest Q3 2024 reduction was Apple, cutting an estimated $2.59B.
- Israel Englander fully exited WestRock Company in Q3 2024, selling an estimated $161M.
- Israel Englander's ten largest holdings make up 17% of its $211B portfolio in Q3 2024.
- Israel Englander opened 898 new positions and closed 667 in Q3 2024.
- Israel Englander's portfolio value fell 2.3% quarter-over-quarter to $211B.
Based on Millennium Management's 13F filing for Q3 2024, filed 14 Nov 2024.