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 |
Shopify
SHOP
|
+$417M |
| 2 |
PARA
Paramount Global Class B
PARA
|
+$344M |
| 3 |
Baidu
BIDU
|
+$254M |
| 4 |
American Electric Power
AEP
|
+$214M |
| 5 |
Intuitive Surgical
ISRG
|
+$212M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.19B |
| 2 |
Microsoft
MSFT
|
+$1.44B |
| 3 |
Intel
INTC
|
+$925M |
| 4 |
NVIDIA
NVDA
|
+$589M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$573M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.62% |
| 2 | Healthcare | 7.51% |
| 3 | Consumer Discretionary | 5.84% |
| 4 | Financials | 5.63% |
| 5 | Industrials | 4.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
PUT
Advanced Micro Devices
AMD
$773B
| $553M | 0.4% |
7,045,400
+3,065,100
| +77% | +$264M |
|
27
CALL
Apple
AAPL
$4.51T
| $499M | 0.36% |
4,088,800
-134,100
| -3% | -$17.2M |
|
|
28
Microsoft
MSFT
$3.59T
| $470M | 0.34% |
1,992,368
-6,187,563
| -76% | -$1.44B |
|
29
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $447M | 0.32% |
5,126,500
-1,613,500
| -24% | -$140M |
|
30
PUT
Salesforce
CRM
$171B
| $439M | 0.31% |
2,071,300
-491,300
| -19% | -$109M |
|
31
PUT
Boeing
BA
$169B
| $422M | 0.3% |
1,655,500
+926,600
| +127% | +$206M |
|
|
32
Shopify
SHOP
$192B
| $416M | 0.3% |
3,760,190
+3,451,290
| +1,117% | +$417M |
|
33
PUT
Cisco
CSCO
$438B
| $412M | 0.3% |
7,973,000
+942,500
| +13% | +$44.2M |
|
34
PUT
JPMorgan Chase
JPM
$935B
| $408M | 0.29% |
2,682,600
+343,300
| +15% | +$49.4M |
|
35
Micron Technology
MU
$1.09T
| $398M | 0.28% |
4,512,864
+37,247
| +0.8% | +$3.16M |
|
|
ALXN
36
DELISTED
Alexion Pharmaceuticals
ALXN
| $390M | 0.28% |
2,552,539
+668,892
| +36% | +$103M |
|
|
37
Boeing
BA
$169B
| $372M | 0.27% |
1,461,309
+628,596
| +75% | +$140M |
|
38
PUT
PayPal
PYPL
$52.7B
| $367M | 0.26% |
1,509,900
+592,100
| +65% | +$150M |
|
39
PUT
Snap
SNAP
$8.86B
| $366M | 0.26% |
7,008,000
+1,533,900
| +28% | +$88.2M |
|
40
PUT
Visa
V
$693B
| $361M | 0.26% |
1,706,600
+250,100
| +17% | +$52.6M |
|
41
Alphabet (Google) Class A
GOOGL
$4.22T
| $358M | 0.26% |
3,469,440
-3,821,460
| -52% | -$377M |
|
|
VAR
42
DELISTED
Varian Medical Systems, Inc.
VAR
| $351M | 0.25% |
1,990,564
+456,538
| +30% | +$80.3M |
|
43
CALL
Tesla
TSLA
$1.43T
| $345M | 0.25% |
1,549,500
+856,200
| +123% | +$215M |
|
44
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $334M | 0.24% |
3,397,100
+562,300
| +20% | +$51.5M |
|
|
45
PUT
Micron Technology
MU
$1.09T
| $329M | 0.24% |
3,733,700
+1,089,300
| +41% | +$92.4M |
|
|
46
NVIDIA
NVDA
$5.2T
| $326M | 0.23% |
24,390,280
-43,831,000
| -64% | -$589M |
|
|
47
PUT
Alphabet (Google) Class C
GOOG
$4.18T
| $323M | 0.23% |
3,126,000
+4,000
| +0.1% | +$397K |
|
|
48
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $323M | 0.23% |
3,134,000
-260,000
| -8% | -$25.7M |
|
|
RP
49
DELISTED
RealPage, Inc.
RP
| $316M | 0.23% |
3,622,763
+1,997,665
| +123% | +$174M |
|
|
50
PayPal
PYPL
$52.7B
| $313M | 0.22% |
1,287,718
+465,453
| +57% | +$118M |
|
Similar funds
Israel Englander's Q1 2021 Portfolio in Review
As of Q1 2021, Israel Englander held 6,933 positions worth $140B, up 0.91% from $138B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Israel Englander's Q1 2021 filing shows 1,778 new, 1,836 increased, 2,117 reduced and 1,099 closed positions. Its largest new stake was KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant: 9,400,000 shares worth $94.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $3.19B.
By sector, the portfolio is most concentrated in Technology at 9.6% of assets, down from 11% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Israel Englander's largest Q1 2021 buy was KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant: 9,400,000 shares worth $94.1M.
- Israel Englander added most to Shopify in Q1 2021, an estimated $417M increase.
- Israel Englander's biggest Q1 2021 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.19B.
- Israel Englander fully exited iShares Russell 2000 ETF in Q1 2021, selling an estimated $573M.
- Israel Englander's ten largest holdings make up 21% of its $140B portfolio in Q1 2021.
- Israel Englander opened 1,778 new positions and closed 1,099 in Q1 2021.
- Israel Englander's portfolio value rose 0.91% quarter-over-quarter to $140B.
Based on Millennium Management's 13F filing for Q1 2021, filed 17 May 2021.