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 | |
|---|---|---|---|---|---|---|
401
PUT
Boston Scientific
BSX
$73B
| $104M | 0.04% |
1,796,800
+302,300
| +20% | +$16.1M |
|
402
CALL
Royal Bank of Canada
RY
$285B
| $104M | 0.04% |
775,000
+525,000
| +210% | +$46.3M |
|
403
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $104M | 0.04% |
759,600
+503,900
| +197% | +$65.6M |
|
404
CALL
Comcast
CMCSA
$95.3B
| $103M | 0.04% |
2,359,300
+141,500
| +6% | +$6.06M |
|
405
Texas Instruments
TXN
$241B
| $103M | 0.04% |
606,723
+303,636
| +100% | +$47M |
|
406
Willis Towers Watson
WTW
$31.8B
| $103M | 0.04% |
427,803
+388,590
| +991% | +$89.9M |
|
407
Jones Lang LaSalle
JLL
$17.8B
| $103M | 0.04% |
546,305
+457,516
| +515% | +$69.2M |
|
|
WRK
408
DELISTED
WestRock Company
WRK
| $103M | 0.04% |
2,484,865
+1,368,168
| +123% | +$52.6M |
|
409
PUT
Marvell Technology
MRVL
$213B
| $103M | 0.04% |
1,707,600
+145,600
| +9% | +$7.86M |
|
410
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $103M | 0.04% |
1,963,700
-342,100
| -15% | -$15.3M |
|
|
WBS
411
DELISTED
Webster Financial
WBS
| $103M | 0.04% |
2,027,634
+1,959,334
| +2,869% | +$84.7M |
|
412
Pinterest
PINS
$13.3B
| $103M | 0.04% |
2,777,394
+98,282
| +4% | +$3.09M |
|
413
Tapestry
TPR
$26B
| $103M | 0.04% |
2,793,895
-1,684,941
| -38% | -$51.9M |
|
414
PUT
Trade Desk
TTD
$6.19B
| $102M | 0.04% |
1,422,800
+666,900
| +88% | +$49M |
|
415
CALL
Verizon
VZ
$205B
| $102M | 0.04% |
2,708,300
+1,026,100
| +61% | +$36.3M |
|
416
Aon
AON
$75.3B
| $102M | 0.04% |
349,790
+223,139
| +176% | +$71.4M |
|
|
NVO
417
Novo Nordisk
NVO
$207B
| $102M | 0.04% |
982,414
+624,805
| +175% | +$61.8M |
|
418
eBay
EBAY
$46.3B
| $101M | 0.04% |
2,311,955
+2,175,164
| +1,590% | +$90M |
|
419
PUT
AutoZone
AZO
$48.3B
| $101M | 0.04% |
38,900
+21,500
| +124% | +$55.8M |
|
420
Brixmor Property Group
BRX
$8.99B
| $100M | 0.04% |
4,318,314
-1,011,054
| -19% | -$21.8M |
|
421
Tenet Healthcare
THC
$22.6B
| $100M | 0.04% |
1,326,877
+37,094
| +3% | +$2.35M |
|
422
Incyte
INCY
$25.9B
| $100M | 0.04% |
1,596,760
-414,856
| -21% | -$23.5M |
|
423
Cytokinetics
CYTK
$10.7B
| $100M | 0.04% |
1,199,341
+499,555
| +71% | +$18.1M |
|
424
Broadridge
BR
$20.8B
| $99.5M | 0.04% |
483,365
+362,805
| +301% | +$66.9M |
|
425
VICI Properties
VICI
$29.2B
| $99.3M | 0.04% |
3,114,648
-1,272,652
| -29% | -$37.4M |
|
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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.