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 | |
|---|---|---|---|---|---|---|
251
PUT
PayPal
PYPL
$52.7B
| $158M | 0.07% |
2,568,700
+548,900
| +27% | +$31.4M |
|
252
PUT
Coinbase
COIN
$49.2B
| $158M | 0.07% |
906,900
+562,400
| +163% | +$61.4M |
|
253
Teva Pharmaceuticals
TEVA
$43.5B
| $157M | 0.07% |
15,070,852
+5,213,050
| +53% | +$48.7M |
|
|
254
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $157M | 0.07% |
415,800
+96,200
| +30% | +$33.6M |
|
255
Zoom
ZM
$31.5B
| $156M | 0.07% |
2,168,361
+1,765,405
| +438% | +$117M |
|
256
PUT
Cisco
CSCO
$438B
| $156M | 0.07% |
3,084,200
-706,700
| -19% | -$36.1M |
|
|
FISV
257
PUT
Fiserv Inc
FISV
$28B
| $156M | 0.07% |
1,171,100
+2,400
| +0.2% | +$295K |
|
258
SPDR Gold Trust
GLD
$152B
| $155M | 0.07% |
808,510
+724,196
| +859% | +$133M |
|
259
CALL
Costco
COST
$420B
| $154M | 0.07% |
233,900
+141,400
| +153% | +$83.8M |
|
260
CALL
PepsiCo
PEP
$196B
| $154M | 0.07% |
908,700
+69,300
| +8% | +$11.5M |
|
261
Kraft Heinz
KHC
$30.3B
| $153M | 0.07% |
4,137,109
+1,123,023
| +37% | +$38.2M |
|
262
WEC Energy
WEC
$34.5B
| $153M | 0.07% |
1,814,324
+1,507,934
| +492% | +$124M |
|
263
PUT
Nike
NKE
$60.5B
| $152M | 0.07% |
1,403,800
+677,100
| +93% | +$72.8M |
|
264
Las Vegas Sands
LVS
$30.5B
| $152M | 0.07% |
3,084,414
+2,541,472
| +468% | +$120M |
|
265
CALL
MetLife
MET
$60B
| $152M | 0.07% |
2,294,800
-6,000
| -0.3% | -$375K |
|
266
Progressive
PGR
$127B
| $151M | 0.07% |
950,111
+948,129
| +47,837% | +$148M |
|
267
Honeywell
HON
$68.4B
| $151M | 0.07% |
763,588
-503,397
| -40% | -$90.8M |
|
268
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $151M | 0.07% |
1,322,000
-471,300
| -26% | -$49.5M |
|
269
Match Group
MTCH
$9.38B
| $150M | 0.07% |
4,116,765
+3,720,698
| +939% | +$126M |
|
270
Synopsys
SNPS
$76.2B
| $150M | 0.07% |
291,669
+44,597
| +18% | +$22.8M |
|
271
PUT
Cadence Design Systems
CDNS
$87.9B
| $150M | 0.07% |
551,200
-31,100
| -5% | -$8.01M |
|
272
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $150M | 0.06% |
3,730,300
+1,825,400
| +96% | +$70.5M |
|
273
PUT
Oracle
ORCL
$422B
| $150M | 0.06% |
1,420,200
+49,600
| +4% | +$5.41M |
|
274
Ametek
AME
$54.9B
| $150M | 0.06% |
907,823
-121,299
| -12% | -$18.5M |
|
275
Cooper Companies
COO
$14.9B
| $149M | 0.06% |
1,575,964
+216,316
| +16% | +$18.1M |
|
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.