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 |
Linde
LIN
|
+$374M |
| 2 |
AT&T
T
|
+$293M |
| 3 |
NVIDIA
NVDA
|
+$291M |
| 4 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$283M |
| 5 |
Williams Companies
WMB
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.09B |
| 2 |
Lam Research
LRCX
|
+$351M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$330M |
| 4 |
Apple
AAPL
|
+$328M |
| 5 |
Boeing
BA
|
+$292M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.38% |
| 2 | Healthcare | 7.98% |
| 3 | Financials | 6.14% |
| 4 | Consumer Discretionary | 5.62% |
| 5 | Industrials | 5.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SCHW
401
PUT
Charles Schwab
SCHW
$194B
| $85.3M | 0.05% |
1,629,100
-293,100
| -15% | -$21.5M |
|
402
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $85M | 0.05% |
1,136,200
+195,600
| +21% | +$14M |
|
403
CALL
Western Digital
WDC
$166B
| $84.6M | 0.05% |
2,972,649
-112,719
| -4% | -$3.31M |
|
404
CALL
iShares MSCI Emerging Markets ETF
EEM
$31.2B
| $84.5M | 0.05% |
2,141,500
-1,643,200
| -43% | -$65.3M |
|
405
Bloomin' Brands
BLMN
$996M
| $84.3M | 0.05% |
3,285,282
+2,672,616
| +436% | +$66.4M |
|
406
CALL
Pfizer
PFE
$160B
| $84.2M | 0.05% |
2,064,100
-37,800
| -2% | -$1.63M |
|
|
HES
407
PUT
DELISTED
Hess
HES
| $84.2M | 0.05% |
636,000
+163,800
| +35% | +$22.8M |
|
408
Emcor
EME
$34.3B
| $83.8M | 0.05% |
515,600
+111,265
| +28% | +$17.1M |
|
409
ITT
ITT
$18.6B
| $83.4M | 0.05% |
966,237
+747,845
| +342% | +$65.7M |
|
410
Arthur J. Gallagher & Co
AJG
$67.6B
| $83.4M | 0.05% |
435,821
+137,349
| +46% | +$26.1M |
|
411
Abbott
ABT
$202B
| $83.2M | 0.05% |
+821,803
| New | +$86.8M |
|
412
Cal-Maine
CALM
$3.87B
| $83.2M | 0.05% |
1,365,787
-238,238
| -15% | -$13.3M |
|
413
PUT
McDonald's
MCD
$192B
| $83.2M | 0.05% |
297,400
-378,600
| -56% | -$101M |
|
|
LSI
414
DELISTED
Life Storage, Inc.
LSI
| $82.9M | 0.05% |
632,594
+184,625
| +41% | +$21.4M |
|
415
Intercontinental Exchange
ICE
$90.5B
| $82.9M | 0.05% |
794,526
-944,624
| -54% | -$98.4M |
|
416
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.86B
| $82.5M | 0.05% |
646,500
-1,857,800
| -74% | -$247M |
|
417
PUT
Wynn Resorts
WYNN
$10.3B
| $82.3M | 0.05% |
735,000
+105,000
| +17% | +$11M |
|
418
Synchrony
SYF
$25.9B
| $82.2M | 0.05% |
2,827,555
+2,109,871
| +294% | +$70.9M |
|
419
Corning
GLW
$129B
| $82.2M | 0.05% |
2,329,724
+1,311,110
| +129% | +$45.6M |
|
|
WRK
420
DELISTED
WestRock Company
WRK
| $81.8M | 0.05% |
2,684,025
+1,334,342
| +99% | +$44M |
|
421
EPAM Systems
EPAM
$5.69B
| $81.7M | 0.05% |
273,359
+244,523
| +848% | +$78.8M |
|
|
NVO
422
Novo Nordisk
NVO
$207B
| $81.4M | 0.05% |
1,023,128
-3,039,978
| -75% | -$216M |
|
423
HubSpot
HUBS
$12B
| $80.8M | 0.05% |
188,423
-104,597
| -36% | -$38.2M |
|
424
PUT
Royal Bank of Canada
RY
$285B
| $80.8M | 0.05% |
625,000
-200,000
| -24% | -$19.8M |
|
425
American Airlines Group
AAL
$9.15B
| $80.8M | 0.05% |
5,475,280
+1,988,791
| +57% | +$31M |
|
Similar funds
Israel Englander's Q1 2023 Portfolio in Review
As of Q1 2023, Israel Englander held 7,511 positions worth $174B, down 3.5% from $181B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Israel Englander withdrew a net $18.1B in Q1 2023, closing 1,206 positions and reducing 2,570 holdings. Its most notable exit was Apollo Global Management, an estimated $112M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.4% of assets, up from 8.2% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in Warner Bros worth $96.9M.
- Israel Englander's largest Q1 2023 buy was Warner Bros: 6,417,147 shares worth $96.9M.
- Israel Englander added most to Linde in Q1 2023, an estimated $374M increase.
- Israel Englander's biggest Q1 2023 reduction was Invesco QQQ Trust, cutting an estimated $1.09B.
- Israel Englander fully exited Apollo Global Management in Q1 2023, selling an estimated $112M.
- Israel Englander's ten largest holdings make up 25% of its $174B portfolio in Q1 2023.
- Israel Englander opened 987 new positions and closed 1,206 in Q1 2023.
- Israel Englander's portfolio value fell 3.5% quarter-over-quarter to $174B.
Based on Millennium Management's 13F filing for Q1 2023, filed 15 May 2023.