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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.72B |
| 2 |
Apple
AAPL
|
+$1.98B |
| 3 |
Microsoft
MSFT
|
+$1.42B |
| 4 |
Alibaba
BABA
|
+$1.03B |
| 5 |
Amazon
AMZN
|
+$924M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Keurig Dr Pepper
KDP
|
+$173M |
| 2 |
FedEx
FDX
|
+$150M |
| 3 |
Oracle
ORCL
|
+$139M |
| 4 |
Linde
LIN
|
+$132M |
| 5 |
PayPal
PYPL
|
+$131M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 11.19% |
| 2 | Healthcare | 7.18% |
| 3 | Consumer Discretionary | 7.09% |
| 4 | Financials | 5.3% |
| 5 | Industrials | 4.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $675M | 0.49% |
1,804,500
-19,000
| -1% | -$6.74M |
|
|
27
CALL
Microsoft
MSFT
$3.59T
| $661M | 0.48% |
2,970,500
-90,300
| -3% | -$19.4M |
|
28
Alphabet (Google) Class A
GOOGL
$4.22T
| $639M | 0.46% |
7,290,900
+5,114,600
| +235% | +$430M |
|
29
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $588M | 0.42% |
6,740,000
+3,330,000
| +98% | +$285M |
|
30
PUT
Salesforce
CRM
$171B
| $570M | 0.41% |
2,562,600
+1,858,800
| +264% | +$452M |
|
|
31
CALL
Apple
AAPL
$4.51T
| $560M | 0.4% |
4,222,900
-5,463,400
| -56% | -$657M |
|
32
CALL
Charter Communications
CHTR
$17.9B
| $560M | 0.4% |
846,100
+824,600
| +3,835% | +$525M |
|
33
Procter & Gamble
PG
$336B
| $556M | 0.4% |
3,997,238
+2,534,436
| +173% | +$354M |
|
34
DuPont de Nemours
DD
$18.7B
| $515M | 0.37% |
5,770,875
+2,962,882
| +106% | +$233M |
|
35
iShares Russell 2000 ETF
IWM
$81.9B
| $514M | 0.37% |
2,623,779
+2,503,682
| +2,085% | +$438M |
|
36
Adobe
ADBE
$109B
| $503M | 0.36% |
1,005,838
+821,279
| +445% | +$397M |
|
37
Walt Disney
DIS
$186B
| $495M | 0.36% |
2,731,304
+2,237,552
| +453% | +$321M |
|
|
38
PUT
Adobe
ADBE
$109B
| $494M | 0.36% |
988,300
+668,100
| +209% | +$323M |
|
|
39
Alphabet (Google) Class C
GOOG
$4.18T
| $478M | 0.35% |
5,459,340
+4,675,640
| +597% | +$394M |
|
|
40
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $467M | 0.34% |
5,350,000
+3,070,000
| +135% | +$263M |
|
41
Tesla
TSLA
$1.43T
| $403M | 0.29% |
1,714,572
+6,468
| +0.4% | +$1.1M |
|
|
WORK
42
DELISTED
Slack Technologies, Inc.
WORK
| $394M | 0.28% |
9,320,964
+9,137,946
| +4,993% | +$309M |
|
43
PUT
Intel
INTC
$476B
| $392M | 0.28% |
7,858,800
+2,577,400
| +49% | +$126M |
|
44
Netflix
NFLX
$331B
| $376M | 0.27% |
6,955,300
+6,650,520
| +2,182% | +$337M |
|
45
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $365M | 0.26% |
+2,643,500
| New | +$360M |
|
46
PUT
Advanced Micro Devices
AMD
$773B
| $365M | 0.26% |
3,980,300
+3,277,100
| +466% | +$283M |
|
47
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $361M | 0.26% |
12,257,300
+2,471,300
| +25% | +$66.1M |
|
48
Lockheed Martin
LMT
$130B
| $355M | 0.26% |
1,000,589
+886,920
| +780% | +$326M |
|
|
TIF
49
DELISTED
Tiffany & Co.
TIF
| $354M | 0.26% |
2,696,569
+1,107,310
| +70% | +$142M |
|
50
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $353M | 0.26% |
6,834,500
-2,733,400
| -29% | -$131M |
|
Similar funds
Israel Englander's Q4 2020 Portfolio in Review
As of Q4 2020, Israel Englander held 5,904 positions worth $138B, up 170,419% from $81.2M the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $45.7B of net new capital in Q4 2020, opening 1,518 new positions and adding to 1,899 existing holdings. Its largest new stake was Sotera Health: 2,269,458 shares worth $62.3M.
By sector, the portfolio is most concentrated in Technology at 11% of assets, up from 6.3% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Keurig Dr Pepper, an estimated $173M trimmed.
- Israel Englander's largest Q4 2020 buy was Sotera Health: 2,269,458 shares worth $62.3M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2020, an estimated $2.72B increase.
- Israel Englander's biggest Q4 2020 reduction was Keurig Dr Pepper, cutting an estimated $173M.
- Israel Englander fully exited Clover Health Investments in Q4 2020, selling an estimated $36.7M.
- Israel Englander's ten largest holdings make up 20% of its $138B portfolio in Q4 2020.
- Israel Englander opened 1,518 new positions and closed 754 in Q4 2020.
- Israel Englander's portfolio value rose 170,419% quarter-over-quarter to $138B.
Based on Millennium Management's 13F filing for Q4 2020, filed 16 Feb 2021.