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 | |
|---|---|---|---|---|---|---|
301
Fluor
FLR
$7.01B
| $137M | 0.06% |
3,494,182
+145,492
| +4% | +$5.38M |
|
302
PUT
Ulta Beauty
ULTA
$22.4B
| $136M | 0.06% |
278,400
+4,600
| +2% | +$1.94M |
|
303
American International
AIG
$39.8B
| $136M | 0.06% |
2,012,970
+1,003,528
| +99% | +$63.9M |
|
304
PUT
McKesson
MCK
$100B
| $136M | 0.06% |
294,000
-11,300
| -4% | -$5.14M |
|
305
CALL
McDonald's
MCD
$192B
| $136M | 0.06% |
457,200
+61,700
| +16% | +$16.8M |
|
306
CALL
Booking.com
BKNG
$158B
| $135M | 0.06% |
952,500
-92,500
| -9% | -$11.5M |
|
307
Take-Two Interactive
TTWO
$44.8B
| $135M | 0.06% |
839,300
-801,871
| -49% | -$120M |
|
308
DoorDash
DASH
$96.8B
| $135M | 0.06% |
1,360,946
+704,806
| +107% | +$62.4M |
|
309
Kimberly-Clark
KMB
$36.4B
| $134M | 0.06% |
1,105,988
+347,902
| +46% | +$42.1M |
|
|
HES
310
PUT
DELISTED
Hess
HES
| $134M | 0.06% |
930,100
-31,500
| -3% | -$4.62M |
|
311
Deere & Co
DE
$175B
| $134M | 0.06% |
334,718
+199,459
| +147% | +$75.2M |
|
312
PUT
Amgen
AMGN
$238B
| $133M | 0.06% |
462,100
-341,300
| -42% | -$93M |
|
|
IMGN
313
DELISTED
Immunogen Inc
IMGN
| $133M | 0.06% |
4,473,868
+2,868,154
| +179% | +$57.1M |
|
314
Rollins
ROL
$17.8B
| $132M | 0.06% |
3,023,217
+1,020,865
| +51% | +$39.7M |
|
315
Post Holdings
POST
$3.65B
| $132M | 0.06% |
1,499,104
-430,409
| -22% | -$36.5M |
|
316
Teck Resources
TECK
$33.9B
| $132M | 0.06% |
3,123,013
+1,228,544
| +65% | +$47.2M |
|
317
PUT
American Express
AXP
$227B
| $132M | 0.06% |
703,900
+78,100
| +12% | +$12.6M |
|
318
argenx
ARGX
$65B
| $131M | 0.06% |
345,431
+67,109
| +24% | +$31.3M |
|
319
PUT
Lowe's Companies
LOW
$121B
| $131M | 0.06% |
590,100
-147,900
| -20% | -$30M |
|
320
Target
TGT
$75.1B
| $131M | 0.06% |
921,987
-265,082
| -22% | -$32.4M |
|
321
Hershey
HSY
$37.5B
| $131M | 0.06% |
704,253
+333,033
| +90% | +$63.1M |
|
322
PUT
Verizon
VZ
$205B
| $131M | 0.06% |
3,478,900
+2,367,000
| +213% | +$83.7M |
|
323
CALL
Eli Lilly
LLY
$1.12T
| $130M | 0.06% |
223,800
-60,400
| -21% | -$35.3M |
|
324
CALL
Johnson & Johnson
JNJ
$651B
| $130M | 0.06% |
830,400
-130,600
| -14% | -$20M |
|
325
Dell
DELL
$286B
| $130M | 0.06% |
1,699,683
+457,672
| +37% | +$32.3M |
|
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.