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 | |
|---|---|---|---|---|---|---|
326
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.63B
| $129M | 0.06% |
2,150,100
-701,600
| -25% | -$37.1M |
|
327
HP
HPQ
$27.2B
| $129M | 0.06% |
4,271,854
-861,458
| -17% | -$24.1M |
|
328
PUT
ASML
ASML
$677B
| $128M | 0.06% |
169,500
+4,200
| +3% | +$2.77M |
|
329
Applied Materials
AMAT
$391B
| $128M | 0.06% |
790,630
-374,615
| -32% | -$55M |
|
330
Bristol-Myers Squibb
BMY
$137B
| $128M | 0.06% |
2,487,593
+917,745
| +58% | +$48.2M |
|
331
CALL
Valero Energy
VLO
$100B
| $128M | 0.06% |
981,500
+334,300
| +52% | +$42.5M |
|
332
DexCom
DXCM
$34.8B
| $127M | 0.06% |
1,027,159
-1,754,429
| -63% | -$179M |
|
333
Ovintiv
OVV
$18.5B
| $127M | 0.06% |
2,893,095
+1,735,792
| +150% | +$79.2M |
|
334
PUT
RTX Corp
RTX
$283B
| $127M | 0.05% |
1,506,500
+306,600
| +26% | +$24.3M |
|
335
Rambus
RMBS
$9.9B
| $127M | 0.05% |
1,853,969
+1,651,908
| +818% | +$103M |
|
336
Albertsons Companies
ACI
$6.01B
| $126M | 0.05% |
5,490,666
+2,027,078
| +59% | +$44.8M |
|
337
PUT
Snowflake
SNOW
$115B
| $126M | 0.05% |
633,500
+558,400
| +744% | +$94.4M |
|
338
PUT
PepsiCo
PEP
$196B
| $126M | 0.05% |
740,700
-260,500
| -26% | -$43.2M |
|
339
PUT
Marriott International
MAR
$92.9B
| $125M | 0.05% |
555,100
+123,700
| +29% | +$25.1M |
|
340
Shift4
FOUR
$3.78B
| $124M | 0.05% |
1,665,879
-637,632
| -28% | -$38M |
|
341
PUT
EOG Resources
EOG
$80.3B
| $124M | 0.05% |
1,023,000
-326,800
| -24% | -$40.7M |
|
342
CALL
ConocoPhillips
COP
$162B
| $123M | 0.05% |
1,063,100
+61,500
| +6% | +$7.19M |
|
343
PUT
McDonald's
MCD
$192B
| $123M | 0.05% |
414,700
+72,200
| +21% | +$19.7M |
|
344
AbbVie
ABBV
$468B
| $121M | 0.05% |
783,150
-816,663
| -51% | -$119M |
|
|
JHG
345
DELISTED
Janus Henderson
JHG
| $121M | 0.05% |
4,020,303
-966,464
| -19% | -$25M |
|
346
Twilio
TWLO
$34.6B
| $121M | 0.05% |
1,597,038
-207,342
| -11% | -$12.9M |
|
347
Live Nation Entertainment
LYV
$42.4B
| $121M | 0.05% |
1,289,575
+534,277
| +71% | +$46M |
|
348
UDR
UDR
$12.1B
| $121M | 0.05% |
3,149,167
+868,431
| +38% | +$30.2M |
|
349
Broadcom
AVGO
$1.75T
| $120M | 0.05% |
1,078,040
-2,009,370
| -65% | -$190M |
|
350
PUT
Pinterest
PINS
$13.3B
| $119M | 0.05% |
3,218,400
+876,800
| +37% | +$27.6M |
|
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.