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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.38B |
| 2 |
Microsoft
MSFT
|
+$667M |
| 3 |
Spotify
SPOT
|
+$528M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$438M |
| 5 |
Eli Lilly
LLY
|
+$412M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.59B |
| 2 |
Amazon
AMZN
|
+$1.45B |
| 3 |
Merck
MRK
|
+$925M |
| 4 |
Broadcom
AVGO
|
+$765M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$672M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.59% |
| 2 | Healthcare | 7.29% |
| 3 | Financials | 7.2% |
| 4 | Industrials | 6.31% |
| 5 | Consumer Discretionary | 4.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Veralto
VLTO
$24.1B
| $133M | 0.06% |
1,190,023
+786,746
| +195% | +$83.1M |
|
302
Builders FirstSource
BLDR
$7.55B
| $133M | 0.06% |
684,296
+535,558
| +360% | +$88.8M |
|
303
Vertiv
VRT
$101B
| $132M | 0.06% |
1,331,031
-824,506
| -38% | -$68.3M |
|
304
Elanco Animal Health
ELAN
$12B
| $132M | 0.06% |
8,991,032
-426,997
| -5% | -$5.95M |
|
305
PUT
ASML
ASML
$677B
| $131M | 0.06% |
157,400
+16,900
| +12% | +$15.1M |
|
306
Brown-Forman Class B
BF.B
$13.1B
| $131M | 0.06% |
2,664,635
+2,623,592
| +6,392% | +$118M |
|
307
Cigna
CI
$73.3B
| $131M | 0.06% |
376,857
+157,561
| +72% | +$54.2M |
|
308
PUT
Lockheed Martin
LMT
$130B
| $131M | 0.06% |
223,300
-155,800
| -41% | -$83.6M |
|
309
Fortive
FTV
$18.1B
| $130M | 0.06% |
2,191,023
+637,945
| +41% | +$35.1M |
|
|
310
Lockheed Martin
LMT
$130B
| $130M | 0.06% |
222,610
-323,769
| -59% | -$174M |
|
311
Elevance Health
ELV
$86.9B
| $129M | 0.06% |
248,004
-295,197
| -54% | -$158M |
|
312
KeyCorp
KEY
$23.3B
| $128M | 0.06% |
7,656,903
+421,032
| +6% | +$6.68M |
|
313
Ally Financial
ALLY
$13.1B
| $128M | 0.06% |
3,595,254
+1,521,104
| +73% | +$60.8M |
|
314
Teledyne Technologies
TDY
$29.5B
| $127M | 0.06% |
290,334
+162,582
| +127% | +$67.4M |
|
315
Chipotle Mexican Grill
CMG
$46.7B
| $127M | 0.06% |
2,202,831
-2,945,182
| -57% | -$163M |
|
316
PUT
Abbott
ABT
$202B
| $127M | 0.06% |
1,110,500
+455,400
| +70% | +$50M |
|
317
CALL
Cisco
CSCO
$438B
| $126M | 0.06% |
2,366,600
+1,101,900
| +87% | +$53.6M |
|
318
Lowe's Companies
LOW
$121B
| $125M | 0.06% |
461,898
+280,304
| +154% | +$67.9M |
|
319
SouthState Bank Corp
SSB
$10.4B
| $125M | 0.06% |
1,284,661
+957,825
| +293% | +$87.6M |
|
320
CALL
Qualcomm
QCOM
$169B
| $123M | 0.06% |
725,200
-272,800
| -27% | -$48.2M |
|
|
WCN
321
Waste Connections
WCN
$42.6B
| $123M | 0.06% |
689,272
+274,701
| +66% | +$49.7M |
|
322
Royalty Pharma
RPRX
$27.3B
| $123M | 0.06% |
4,341,505
+1,991,225
| +85% | +$55.2M |
|
|
323
PUT
Cisco
CSCO
$438B
| $122M | 0.06% |
2,297,700
+820,300
| +56% | +$39.9M |
|
324
PUT
PepsiCo
PEP
$196B
| $122M | 0.06% |
718,200
+73,100
| +11% | +$12.6M |
|
325
Coca-Cola Europacific Partners
CCEP
$47.7B
| $122M | 0.06% |
1,543,143
-92,880
| -6% | -$7.12M |
|
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Israel Englander's Q3 2024 Portfolio in Review
As of Q3 2024, Israel Englander held 6,698 positions worth $211B, down 2.3% from $216B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Israel Englander withdrew a net $20.6B in Q3 2024, closing 667 positions and reducing 2,445 holdings. Its most notable exit was WestRock Company, an estimated $161M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.6% of assets, down from 10% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in Smurfit Westrock worth $94.1M.
- Israel Englander's largest Q3 2024 buy was Smurfit Westrock: 1,904,931 shares worth $94.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $1.38B increase.
- Israel Englander's biggest Q3 2024 reduction was Apple, cutting an estimated $2.59B.
- Israel Englander fully exited WestRock Company in Q3 2024, selling an estimated $161M.
- Israel Englander's ten largest holdings make up 17% of its $211B portfolio in Q3 2024.
- Israel Englander opened 898 new positions and closed 667 in Q3 2024.
- Israel Englander's portfolio value fell 2.3% quarter-over-quarter to $211B.
Based on Millennium Management's 13F filing for Q3 2024, filed 14 Nov 2024.