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 |
Linde
LIN
|
+$374M |
| 2 |
AT&T
T
|
+$293M |
| 3 |
NVIDIA
NVDA
|
+$291M |
| 4 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$283M |
| 5 |
Williams Companies
WMB
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.09B |
| 2 |
Lam Research
LRCX
|
+$351M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$330M |
| 4 |
Apple
AAPL
|
+$328M |
| 5 |
Boeing
BA
|
+$292M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.38% |
| 2 | Healthcare | 7.98% |
| 3 | Financials | 6.14% |
| 4 | Consumer Discretionary | 5.62% |
| 5 | Industrials | 5.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $110M | 0.06% |
2,517,400
+338,200
| +16% | +$19.2M |
|
302
Western Union
WU
$2.28B
| $110M | 0.06% |
9,900,483
+9,865,058
| +27,848% | +$128M |
|
303
Weatherford International
WFRD
$6.49B
| $110M | 0.06% |
1,855,629
+712,027
| +62% | +$41.7M |
|
304
SBA Communications
SBAC
$19.4B
| $110M | 0.06% |
421,609
-375,480
| -47% | -$103M |
|
305
Jacobs Solutions
J
$17.6B
| $110M | 0.06% |
1,132,360
+594,368
| +110% | +$59.3M |
|
306
Pinterest
PINS
$13.3B
| $110M | 0.06% |
4,033,911
+1,984,307
| +97% | +$51.4M |
|
307
PUT
American Express
AXP
$227B
| $110M | 0.06% |
664,600
-131,600
| -17% | -$21.8M |
|
308
Align Technology
ALGN
$11.5B
| $109M | 0.06% |
326,461
+306,981
| +1,576% | +$90.6M |
|
309
CALL
Morgan Stanley
MS
$336B
| $109M | 0.06% |
1,239,600
-520,300
| -30% | -$48.6M |
|
310
Deere & Co
DE
$175B
| $108M | 0.06% |
262,467
-12,043
| -4% | -$4.99M |
|
311
Albertsons Companies
ACI
$6.01B
| $108M | 0.06% |
5,206,791
+1,954,491
| +60% | +$40.4M |
|
312
PUT
PepsiCo
PEP
$196B
| $108M | 0.06% |
592,100
-724,200
| -55% | -$127M |
|
313
Verizon
VZ
$205B
| $106M | 0.06% |
2,735,063
+1,142,600
| +72% | +$45.1M |
|
314
Mondelez International
MDLZ
$82.3B
| $106M | 0.06% |
1,524,400
-141,730
| -9% | -$9.39M |
|
315
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $106M | 0.06% |
2,674,500
-3,804,900
| -59% | -$151M |
|
316
PUT
EOG Resources
EOG
$80.3B
| $105M | 0.06% |
915,900
+101,000
| +12% | +$12.2M |
|
317
Veeva Systems
VEEV
$40.3B
| $105M | 0.06% |
570,726
+318,841
| +127% | +$54.4M |
|
318
Philip Morris
PM
$293B
| $105M | 0.06% |
1,077,242
+807,032
| +299% | +$80.4M |
|
319
Hartford Financial Services
HIG
$36.9B
| $105M | 0.06% |
1,501,376
+350,418
| +30% | +$26M |
|
320
PUT
Freeport-McMoran
FCX
$110B
| $104M | 0.06% |
2,530,800
-779,000
| -24% | -$32.4M |
|
321
Nike
NKE
$60.5B
| $103M | 0.06% |
843,842
-1,125,041
| -57% | -$138M |
|
322
Booking.com
BKNG
$158B
| $103M | 0.06% |
973,225
+150,475
| +18% | +$14.6M |
|
|
PPL
323
PPL Corp
PPL
$25.9B
| $103M | 0.06% |
3,714,689
+747,899
| +25% | +$21.2M |
|
324
L3Harris
LHX
$49.7B
| $103M | 0.06% |
525,602
-302,963
| -37% | -$61.9M |
|
325
UiPath
PATH
$8.49B
| $102M | 0.06% |
5,836,377
+1,786,378
| +44% | +$27M |
|
Similar funds
Israel Englander's Q1 2023 Portfolio in Review
As of Q1 2023, Israel Englander held 7,511 positions worth $174B, down 3.5% from $181B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Israel Englander withdrew a net $18.1B in Q1 2023, closing 1,206 positions and reducing 2,570 holdings. Its most notable exit was Apollo Global Management, an estimated $112M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.4% of assets, up from 8.2% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in Warner Bros worth $96.9M.
- Israel Englander's largest Q1 2023 buy was Warner Bros: 6,417,147 shares worth $96.9M.
- Israel Englander added most to Linde in Q1 2023, an estimated $374M increase.
- Israel Englander's biggest Q1 2023 reduction was Invesco QQQ Trust, cutting an estimated $1.09B.
- Israel Englander fully exited Apollo Global Management in Q1 2023, selling an estimated $112M.
- Israel Englander's ten largest holdings make up 25% of its $174B portfolio in Q1 2023.
- Israel Englander opened 987 new positions and closed 1,206 in Q1 2023.
- Israel Englander's portfolio value fell 3.5% quarter-over-quarter to $174B.
Based on Millennium Management's 13F filing for Q1 2023, filed 15 May 2023.