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
|
+$1.59B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.04B |
| 3 |
Microsoft
MSFT
|
+$794M |
| 4 |
Home Depot
HD
|
+$512M |
| 5 |
Vertex Pharmaceuticals
VRTX
|
+$357M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$491M |
| 2 |
Linde
LIN
|
+$373M |
| 3 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$298M |
| 4 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$290M |
| 5 |
Salesforce
CRM
|
+$249M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.38% |
| 2 | Healthcare | 7.46% |
| 3 | Consumer Discretionary | 5.14% |
| 4 | Industrials | 5.11% |
| 5 | Financials | 4.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Cincinnati Financial
CINF
$25.8B
| $96.9M | 0.05% |
995,485
+98,873
| +11% | +$10.2M |
|
377
PUT
IBM
IBM
$222B
| $96.6M | 0.05% |
720,700
-15,000
| -2% | -$1.94M |
|
378
Copa Holdings
CPA
$5.88B
| $96.4M | 0.05% |
872,204
-101,126
| -10% | -$10.1M |
|
379
Silicon Motion
SIMO
$8.76B
| $96.2M | 0.05% |
1,338,634
+230,774
| +21% | +$14.8M |
|
380
Citigroup
C
$221B
| $96.2M | 0.05% |
2,088,563
-470,435
| -18% | -$22M |
|
381
Rollins
ROL
$17.8B
| $95.8M | 0.05% |
2,236,350
+965,785
| +76% | +$39.3M |
|
382
Clorox
CLX
$12.9B
| $95.6M | 0.05% |
601,082
+563,948
| +1,519% | +$91M |
|
383
Manhattan Associates
MANH
$12.5B
| $95.5M | 0.05% |
478,002
+39,108
| +9% | +$6.79M |
|
|
384
CALL
Citigroup
C
$221B
| $95.4M | 0.05% |
2,072,000
-1,805,900
| -47% | -$84.6M |
|
385
MaxLinear
MXL
$6.04B
| $95.3M | 0.05% |
3,020,196
+369,518
| +14% | +$10.7M |
|
386
PUT
Pfizer
PFE
$160B
| $95M | 0.05% |
2,589,200
+1,805,400
| +230% | +$70.3M |
|
|
XYZ
387
Block Inc
XYZ
$49.4B
| $94.9M | 0.05% |
1,425,516
+1,163,029
| +443% | +$72.7M |
|
|
K
388
DELISTED
Kellanova
K
| $94.6M | 0.05% |
1,494,286
+996,164
| +200% | +$63.5M |
|
389
Marathon Petroleum
MPC
$101B
| $94.5M | 0.05% |
810,801
+414,670
| +105% | +$48.2M |
|
390
First Solar
FSLR
$23B
| $94.5M | 0.05% |
497,028
+297,970
| +150% | +$59M |
|
391
Lamb Weston
LW
$7.38B
| $94.2M | 0.05% |
819,402
-302,097
| -27% | -$33.7M |
|
|
DFS
392
DELISTED
Discover Financial Services
DFS
| $93.3M | 0.05% |
798,122
+130,083
| +19% | +$13.6M |
|
393
Dell
DELL
$286B
| $93.2M | 0.05% |
1,722,336
-2,198,754
| -56% | -$101M |
|
394
Southwest Airlines
LUV
$19.8B
| $92.8M | 0.05% |
2,561,754
+659,090
| +35% | +$20.7M |
|
395
PUT
Union Pacific
UNP
$183B
| $92.7M | 0.05% |
453,100
+54,000
| +14% | +$10.7M |
|
396
CALL
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $92.3M | 0.05% |
1,061,600
+561,200
| +112% | +$44.2M |
|
397
A.O. Smith
AOS
$8.57B
| $92.3M | 0.05% |
1,267,871
+793,192
| +167% | +$54.3M |
|
398
PUT
Lowe's Companies
LOW
$121B
| $92.2M | 0.05% |
408,500
-90,600
| -18% | -$18.8M |
|
|
SWAV
399
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $92.2M | 0.05% |
322,987
+287,780
| +817% | +$79.9M |
|
400
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $91.7M | 0.05% |
266,800
-681,100
| -72% | -$229M |
|
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Israel Englander's Q2 2023 Portfolio in Review
As of Q2 2023, Israel Englander held 7,181 positions worth $203B, up 16% from $174B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Israel Englander deployed $14B of net new capital in Q2 2023, opening 870 new positions and adding to 2,213 existing holdings. Its largest new stake was ResMed: 632,015 shares worth $138M.
By sector, the portfolio is most concentrated in Technology at 8.4% of assets, down from 8.4% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Tesla, an estimated $491M trimmed.
- Israel Englander's largest Q2 2023 buy was ResMed: 632,015 shares worth $138M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q2 2023, an estimated $1.59B increase.
- Israel Englander's biggest Q2 2023 reduction was Tesla, cutting an estimated $491M.
- Israel Englander fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $237M.
- Israel Englander's ten largest holdings make up 26% of its $203B portfolio in Q2 2023.
- Israel Englander opened 870 new positions and closed 1,192 in Q2 2023.
- Israel Englander's portfolio value rose 16% quarter-over-quarter to $203B.
Based on Millennium Management's 13F filing for Q2 2023, filed 14 Aug 2023.