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 | Financials | 8.19% |
| 2 | Technology | 7.88% |
| 3 | Healthcare | 6.85% |
| 4 | Industrials | 5.04% |
| 5 | Consumer Discretionary | 4.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
PUT
First Solar
FSLR
$23B
| $104M | 0.06% |
784,100
+94,900
| +14% | +$10.2M |
|
302
Vulcan Materials
VMC
$35.8B
| $104M | 0.06% |
656,838
+635,944
| +3,044% | +$103M |
|
303
W.W. Grainger
GWW
$61.8B
| $104M | 0.06% |
211,696
+162,827
| +333% | +$85.7M |
|
304
CALL
Broadcom
AVGO
$1.75T
| $103M | 0.06% |
2,319,000
+367,000
| +19% | +$18.7M |
|
305
CALL
Occidental Petroleum Corp Warrants
OXY.WS
$37.1B
| $103M | 0.06% |
2,590,275
+1,059,502
| +69% | +$44.6M |
|
306
Zions Bancorporation
ZION
$9.95B
| $103M | 0.06% |
2,016,468
+894,000
| +80% | +$48.9M |
|
307
PUT
Coca-Cola
KO
$392B
| $102M | 0.06% |
1,829,400
-325,300
| -15% | -$20.2M |
|
308
Coca-Cola Europacific Partners
CCEP
$47.7B
| $102M | 0.06% |
2,403,165
+1,311,334
| +120% | +$65.9M |
|
309
PUT
American Airlines Group
AAL
$9.15B
| $102M | 0.06% |
8,505,100
-765,900
| -8% | -$10.7M |
|
310
Apollo Global Management
APO
$78.4B
| $102M | 0.06% |
2,201,539
+1,738,713
| +376% | +$95.5M |
|
311
MaxLinear
MXL
$6.04B
| $102M | 0.06% |
3,133,424
+387,185
| +14% | +$14.3M |
|
|
AJRD
312
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $102M | 0.06% |
2,550,687
-1,270,635
| -33% | -$53.8M |
|
313
Booking.com
BKNG
$158B
| $102M | 0.06% |
1,544,950
-507,100
| -25% | -$38.1M |
|
314
CSX Corp
CSX
$95.6B
| $101M | 0.06% |
3,808,788
-840,005
| -18% | -$26.1M |
|
315
PUT
CVS Health
CVS
$119B
| $101M | 0.06% |
1,063,000
+409,300
| +63% | +$40.5M |
|
316
Hartford Financial Services
HIG
$36.9B
| $101M | 0.06% |
1,636,361
-1,678,886
| -51% | -$109M |
|
317
Take-Two Interactive
TTWO
$44.8B
| $101M | 0.06% |
929,721
-136,321
| -13% | -$16.9M |
|
318
PUT
United Parcel Service
UPS
$86.8B
| $101M | 0.06% |
623,900
+24,400
| +4% | +$4.62M |
|
319
Tradeweb Markets
TW
$22.6B
| $101M | 0.06% |
1,785,153
+1,277,024
| +251% | +$86.9M |
|
320
Waters Corp
WAT
$40.4B
| $101M | 0.06% |
372,924
-193,992
| -34% | -$61.9M |
|
321
CALL
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $100M | 0.06% |
1,691,600
+600,000
| +55% | +$40.9M |
|
322
Southwest Airlines
LUV
$19.8B
| $99.9M | 0.06% |
3,239,798
+565,262
| +21% | +$21.2M |
|
323
Alphabet (Google) Class A
GOOGL
$4.22T
| $99.7M | 0.06% |
1,042,515
+675,675
| +184% | +$74.9M |
|
324
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $99.7M | 0.06% |
+973,209
| New | +$107M |
|
|
AVB
325
DELISTED
AvalonBay Communities
AVB
| $99.7M | 0.06% |
541,234
+292,855
| +118% | +$59.1M |
|
Similar funds
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 $14.7B 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 Financials at 8.2% of assets, up from 7.7% a quarter earlier, followed by Technology and Healthcare.
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.