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 |
DRE
Duke Realty Corp.
DRE
|
+$886M |
| 2 |
Chevron
CVX
|
+$595M |
| 3 |
Union Pacific
UNP
|
+$360M |
| 4 |
Baxter International
BAX
|
+$276M |
| 5 |
Xcel Energy
XEL
|
+$252M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$520M |
| 2 |
NXP Semiconductors
NXPI
|
+$248M |
| 3 |
Oracle
ORCL
|
+$242M |
| 4 |
Amgen
AMGN
|
+$197M |
| 5 |
Eli Lilly
LLY
|
+$186M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 54.77% |
| 2 | Financials | 8.19% |
| 3 | Technology | 7.88% |
| 4 | Healthcare | 6.85% |
| 5 | Industrials | 5.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3001
IAMGOLD
IAG
$11.8B
| $4.23M | ﹤0.01% |
3,946,013
-2,587,557
| -40% | -$3.45M |
|
|
CVAC
3002
DELISTED
CureVac
CVAC
| $4.22M | ﹤0.01% |
536,032
+1,831
| +0.3% | +$21.3K |
|
3003
Oaktree Specialty Lending
OCSL
$1.15B
| $4.22M | ﹤0.01% |
234,657
-392,142
| -63% | -$7.98M |
|
3004
PUT
Teladoc Health
TDOC
$1.18B
| $4.21M | ﹤0.01% |
166,100
+51,100
| +44% | +$1.79M |
|
3005
PUT
First Horizon
FHN
$11.7B
| $4.21M | ﹤0.01% |
+183,700
| New | +$4.17M |
|
3006
Seneca Foods Class A
SENEA
$1.35B
| $4.21M | ﹤0.01% |
83,359
+2,737
| +3% | +$151K |
|
|
KAHC.U
3007
DELISTED
KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant
KAHC.U
| $4.21M | ﹤0.01% |
426,493
-1,603
| -0.4% | -$15.8K |
|
|
ISEE
3008
PUT
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $4.2M | ﹤0.01% |
+234,200
| New | +$3.07M |
|
3009
ADMA Biologics
ADMA
$2.09B
| $4.2M | ﹤0.01% |
1,727,003
-4,162,968
| -71% | -$9.99M |
|
3010
Kornit Digital
KRNT
$718M
| $4.2M | ﹤0.01% |
+157,667
| New | +$4.54M |
|
3011
PUT
Twilio
TWLO
$36.5B
| $4.19M | ﹤0.01% |
60,600
-7,700
| -11% | -$615K |
|
|
DISH
3012
CALL
DELISTED
DISH Network Corp.
DISH
| $4.19M | ﹤0.01% |
303,000
+140,300
| +86% | +$2.48M |
|
3013
OceanFirst Financial
OCFC
$1.82B
| $4.19M | ﹤0.01% |
224,646
+130,253
| +138% | +$2.6M |
|
3014
Alpha Teknova
TKNO
$382M
| $4.18M | ﹤0.01% |
1,250,676
+593,695
| +90% | +$3.32M |
|
3015
Assurant
AIZ
$14.1B
| $4.17M | ﹤0.01% |
28,729
-37,028
| -56% | -$6.05M |
|
3016
PUT
Cummins
CMI
$77.8B
| $4.17M | ﹤0.01% |
+20,500
| New | +$4.36M |
|
3017
Vivid Seats
SEAT
$67.7M
| $4.17M | ﹤0.01% |
27,232
+14,876
| +120% | +$2.49M |
|
|
LITT
3018
DELISTED
Logistics Innovation Technologies Corp. Class A Common Stock
LITT
| $4.17M | ﹤0.01% |
426,940
| – | – |
|
3019
Dropbox
DBX
$7.76B
| $4.17M | ﹤0.01% |
201,020
-240,892
| -55% | -$5.4M |
|
3020
PUT
DaVita
DVA
$11.5B
| $4.16M | ﹤0.01% |
50,300
-5,000
| -9% | -$439K |
|
3021
Akamai
AKAM
$15.4B
| $4.16M | ﹤0.01% |
51,774
-335,078
| -87% | -$30.5M |
|
|
RYZ
3022
Ryerson Holding Corp
RYZ
$1.31B
| $4.15M | ﹤0.01% |
161,314
-426,821
| -73% | -$11.4M |
|
|
TCS
3023
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $4.15M | ﹤0.01% |
+56,404
| New | +$5.69M |
|
|
TPGY
3024
DELISTED
TPG Pace Beneficial Finance Corp.
TPGY
| $4.14M | ﹤0.01% |
413,516
| – | – |
|
3025
Pilgrim's Pride
PPC
$7.55B
| $4.14M | ﹤0.01% |
179,745
+25,772
| +17% | +$745K |
|
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Israel Englander's Q3 2022 Portfolio in Review
As of Q3 2022, Israel Englander held 7,917 positions worth $169B, up 4.9% from $161B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Israel Englander deployed $7.73B of net new capital in Q3 2022, opening 1,005 new positions and adding to 2,598 existing holdings. Its largest new stake was Rockwell Automation: 953,525 shares worth $205M.
By sector, the portfolio is most concentrated in Miscellaneous at 55% of assets, down from 55% a quarter earlier, followed by Financials and Technology.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $520M trimmed.
- Israel Englander's largest Q3 2022 buy was Rockwell Automation: 953,525 shares worth $205M.
- Israel Englander added most to Duke Realty Corp. in Q3 2022, an estimated $886M increase.
- Israel Englander's biggest Q3 2022 reduction was Invesco QQQ Trust, cutting an estimated $520M.
- Israel Englander fully exited Coherent Inc in Q3 2022, selling an estimated $114M.
- Israel Englander's ten largest holdings make up 23% of its $169B portfolio in Q3 2022.
- Israel Englander opened 1,005 new positions and closed 906 in Q3 2022.
- Israel Englander's portfolio value rose 4.9% quarter-over-quarter to $169B.
Based on Millennium Management's 13F filing for Q3 2022, filed 14 Nov 2022.