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
|
+$917M |
| 2 |
Salesforce
CRM
|
+$378M |
| 3 |
Boeing
BA
|
+$297M |
| 4 |
DexCom
DXCM
|
+$292M |
| 5 |
Amazon
AMZN
|
+$267M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DRE
Duke Realty Corp.
DRE
|
+$779M |
| 2 |
Chevron
CVX
|
+$569M |
| 3 |
Home Depot
HD
|
+$292M |
| 4 |
PepsiCo
PEP
|
+$259M |
| 5 |
Chubb
CB
|
+$248M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.23% |
| 2 | Healthcare | 7.53% |
| 3 | Financials | 7.5% |
| 4 | Industrials | 5.83% |
| 5 | Consumer Discretionary | 5.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
CALL
United Parcel Service
UPS
$86.8B
| $86.9M | 0.05% |
499,700
+43,700
| +10% | +$7.56M |
|
|
PPL
452
PPL Corp
PPL
$25.9B
| $86.7M | 0.05% |
2,966,790
+1,905,980
| +180% | +$52.4M |
|
453
Ferguson
FERG
$46.9B
| $86.5M | 0.05% |
681,429
-676,857
| -50% | -$78.8M |
|
454
Allegion
ALLE
$13.8B
| $86.4M | 0.05% |
821,238
-443,937
| -35% | -$46.3M |
|
|
DNB
455
DELISTED
Dun & Bradstreet
DNB
| $86.4M | 0.05% |
7,048,517
+1,329,325
| +23% | +$17.1M |
|
456
Kilroy Realty
KRC
$4.25B
| $86.3M | 0.05% |
2,230,415
+1,059,563
| +90% | +$43.6M |
|
457
CALL
Abbott
ABT
$202B
| $85.9M | 0.05% |
782,500
+149,400
| +24% | +$15.5M |
|
458
Targa Resources
TRGP
$64.1B
| $85.5M | 0.05% |
1,163,211
+575,575
| +98% | +$40.2M |
|
459
PUT
Cadence Design Systems
CDNS
$87.9B
| $85.3M | 0.05% |
530,800
+197,500
| +59% | +$31.6M |
|
|
SPWR
460
DELISTED
SunPower Corporation Common Stock
SPWR
| $84.8M | 0.05% |
4,704,981
+3,792,649
| +416% | +$77.7M |
|
461
HubSpot
HUBS
$12B
| $84.7M | 0.05% |
293,020
+265,507
| +965% | +$75.3M |
|
462
PUT
Lam Research
LRCX
$393B
| $84.7M | 0.05% |
2,015,000
-536,000
| -21% | -$22.4M |
|
463
Workday
WDAY
$49.4B
| $84.7M | 0.05% |
505,991
-594,161
| -54% | -$92.7M |
|
464
CALL
T-Mobile US
TMUS
$196B
| $84.1M | 0.05% |
600,800
+8,200
| +1% | +$1.18M |
|
465
QuidelOrtho
QDEL
$1.01B
| $84M | 0.05% |
980,349
+236,482
| +32% | +$20M |
|
|
TXNM
466
TXNM Energy Inc
TXNM
$5.9B
| $83.5M | 0.05% |
1,711,742
-254,576
| -13% | -$12.1M |
|
467
Expedia Group
EXPE
$38.6B
| $83.5M | 0.05% |
953,215
+348,389
| +58% | +$33M |
|
468
PUT
Accenture
ACN
$113B
| $83.3M | 0.05% |
312,100
+283,100
| +976% | +$78.3M |
|
469
CALL
Gilead Sciences
GILD
$181B
| $83.2M | 0.05% |
968,600
-1,167,500
| -55% | -$92.5M |
|
470
Zimmer Biomet
ZBH
$19.3B
| $83M | 0.05% |
651,259
-666,180
| -51% | -$77.3M |
|
471
PUT
NXP Semiconductors
NXPI
$56.9B
| $82.9M | 0.05% |
524,500
+35,300
| +7% | +$5.6M |
|
472
Kroger
KR
$35.5B
| $82.9M | 0.05% |
1,858,799
-1,926,411
| -51% | -$88.5M |
|
473
CALL
Thermo Fisher Scientific
TMO
$233B
| $82.8M | 0.05% |
150,300
+122,800
| +447% | +$65.1M |
|
474
Dycom Industries
DY
$11.8B
| $82.7M | 0.05% |
883,489
+529,178
| +149% | +$53.3M |
|
475
Super Micro Computer
SMCI
$24.1B
| $82.3M | 0.05% |
10,028,840
+2,692,860
| +37% | +$20.5M |
|
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Israel Englander's Q4 2022 Portfolio in Review
As of Q4 2022, Israel Englander held 7,859 positions worth $181B, up 6.9% from $169B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander's Q4 2022 filing shows 848 new, 2,516 increased, 2,491 reduced and 1,333 closed positions. Its largest new stake was Keurig Dr Pepper: 4,680,704 shares worth $167M. The largest sale was Duke Realty Corp., an estimated $779M.
By sector, the portfolio is most concentrated in Technology at 8.2% of assets, up from 7.9% a quarter earlier, followed by Healthcare and Financials.
- Israel Englander's largest Q4 2022 buy was Keurig Dr Pepper: 4,680,704 shares worth $167M.
- Israel Englander added most to Invesco QQQ Trust in Q4 2022, an estimated $917M increase.
- Israel Englander's biggest Q4 2022 reduction was Chevron, cutting an estimated $569M.
- Israel Englander fully exited Duke Realty Corp. in Q4 2022, selling an estimated $779M.
- Israel Englander's ten largest holdings make up 20% of its $181B portfolio in Q4 2022.
- Israel Englander opened 848 new positions and closed 1,333 in Q4 2022.
- Israel Englander's portfolio value rose 6.9% quarter-over-quarter to $181B.
Based on Millennium Management's 13F filing for Q4 2022, filed 14 Feb 2023.