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 |
Invesco QQQ Trust
QQQ
|
+$517M |
| 2 |
NXP Semiconductors
NXPI
|
+$351M |
| 3 |
Oracle
ORCL
|
+$279M |
| 4 |
Palo Alto Networks
PANW
|
+$268M |
| 5 |
Boston Scientific
BSX
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CERN
Cerner Corp
CERN
|
+$517M |
| 2 |
ExxonMobil
XOM
|
+$385M |
| 3 |
Cenovus Energy
CVE
|
+$292M |
| 4 |
PLAN
Anaplan, Inc.
PLAN
|
+$236M |
| 5 |
Phillips 66
PSX
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.76% |
| 2 | Financials | 7.66% |
| 3 | Healthcare | 7.12% |
| 4 | Industrials | 5.11% |
| 5 | Consumer Discretionary | 4.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
CALL
Gilead Sciences
GILD
$182B
| $83.4M | 0.05% |
1,349,100
+889,000
| +193% | +$55M |
|
377
CALL
3M
MMM
$92.3B
| $83.1M | 0.05% |
767,952
+398,149
| +108% | +$48.1M |
|
378
Fox Class A
FOXA
$29B
| $82.9M | 0.05% |
2,576,443
-695,275
| -21% | -$24.5M |
|
379
PUT
American Express
AXP
$228B
| $82.8M | 0.05% |
597,300
-12,800
| -2% | -$2.11M |
|
380
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $82.7M | 0.05% |
1,123,500
-376,500
| -25% | -$29.3M |
|
381
Dow Inc
DOW
$22.7B
| $82.5M | 0.05% |
1,599,457
-105,110
| -6% | -$6.73M |
|
382
Corteva
CTVA
$55.3B
| $82.3M | 0.05% |
1,519,316
+1,051,277
| +225% | +$61M |
|
383
Vertex Pharmaceuticals
VRTX
$139B
| $82.1M | 0.05% |
291,503
-21,633
| -7% | -$5.79M |
|
384
Emerson Electric
EMR
$87.9B
| $81.9M | 0.05% |
1,029,630
-1,086,730
| -51% | -$95.8M |
|
385
Martin Marietta Materials
MLM
$32B
| $81.5M | 0.05% |
272,452
+59,523
| +28% | +$20.3M |
|
386
Stride
LRN
$3.54B
| $81.3M | 0.05% |
1,992,427
+1,836,679
| +1,179% | +$68M |
|
387
OR Royalties Inc
OR
$7.02B
| $80.8M | 0.05% |
8,003,810
+1,238,254
| +18% | +$14.9M |
|
388
NVIDIA
NVDA
$5.05T
| $80.6M | 0.05% |
5,317,210
-3,016,070
| -36% | -$56.9M |
|
389
PUT
PayPal
PYPL
$52.8B
| $80.4M | 0.05% |
1,151,800
-686,400
| -37% | -$59.5M |
|
390
KBR
KBR
$4.75B
| $80.2M | 0.05% |
1,657,073
+828,932
| +100% | +$40.9M |
|
391
Deere & Co
DE
$175B
| $80M | 0.05% |
267,244
+229,302
| +604% | +$84.4M |
|
|
392
CALL
NVIDIA
NVDA
$5.05T
| $80M | 0.05% |
5,278,000
+3,007,000
| +132% | +$56.8M |
|
393
PUT
Analog Devices
ADI
$181B
| $80M | 0.05% |
547,600
+445,000
| +434% | +$70.1M |
|
394
Cencora
COR
$61.8B
| $79.9M | 0.05% |
564,578
+288,903
| +105% | +$44.2M |
|
395
Hyatt Hotels
H
$17B
| $79.9M | 0.05% |
1,080,381
+503,817
| +87% | +$43.7M |
|
|
STOR
396
DELISTED
STORE Capital Corporation
STOR
| $79.8M | 0.05% |
3,061,158
+83,937
| +3% | +$2.32M |
|
397
Texas Roadhouse
TXRH
$13.5B
| $79.2M | 0.05% |
1,082,220
-128,800
| -11% | -$10.1M |
|
398
CALL
Charter Communications
CHTR
$17.9B
| $79.2M | 0.05% |
169,000
-1,800
| -1% | -$878K |
|
399
Rogers Corp
ROG
$2.19B
| $79.1M | 0.05% |
301,762
-49,134
| -14% | -$13.1M |
|
400
Amphenol
APH
$192B
| $78.9M | 0.05% |
2,451,434
+55,828
| +2% | +$1.94M |
|
Similar funds
Israel Englander's Q2 2022 Portfolio in Review
As of Q2 2022, Israel Englander held 7,971 positions worth $161B, down 15% from $189B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Israel Englander deployed $7.94B of net new capital in Q2 2022, opening 1,144 new positions and adding to 2,588 existing holdings. Its largest new stake was M&T Bank: 828,809 shares worth $132M.
By sector, the portfolio is most concentrated in Technology at 7.8% of assets, up from 7.2% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was ExxonMobil, an estimated $385M trimmed.
- Israel Englander's largest Q2 2022 buy was M&T Bank: 828,809 shares worth $132M.
- Israel Englander added most to Invesco QQQ Trust in Q2 2022, an estimated $517M increase.
- Israel Englander's biggest Q2 2022 reduction was ExxonMobil, cutting an estimated $385M.
- Israel Englander fully exited Cerner Corp in Q2 2022, selling an estimated $517M.
- Israel Englander's ten largest holdings make up 23% of its $161B portfolio in Q2 2022.
- Israel Englander opened 1,144 new positions and closed 1,065 in Q2 2022.
- Israel Englander's portfolio value fell 15% quarter-over-quarter to $161B.
Based on Millennium Management's 13F filing for Q2 2022, filed 15 Aug 2022.