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
|
+$1.38B |
| 2 |
Apple
AAPL
|
+$971M |
| 3 |
Tesla
TSLA
|
+$937M |
| 4 |
NVIDIA
NVDA
|
+$773M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$742M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$291M |
| 2 |
Willis Towers Watson
WTW
|
+$256M |
| 3 |
KSU
Kansas City Southern
KSU
|
+$227M |
| 4 |
Salesforce
CRM
|
+$225M |
| 5 |
Advanced Micro Devices
AMD
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.15% |
| 2 | Financials | 6.73% |
| 3 | Healthcare | 6.32% |
| 4 | Consumer Discretionary | 4.91% |
| 5 | Industrials | 4.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
CALL
Amazon
AMZN
$2.79T
| $866M | 0.44% |
5,194,000
-2,066,000
| -28% | -$354M |
|
27
PUT
JPMorgan Chase
JPM
$935B
| $865M | 0.44% |
5,462,600
+2,078,300
| +61% | +$341M |
|
28
PUT
Alibaba
BABA
$286B
| $809M | 0.41% |
6,810,000
-2,158,400
| -24% | -$314M |
|
29
PUT
Micron Technology
MU
$1.09T
| $775M | 0.39% |
8,317,400
+1,213,000
| +17% | +$94.7M |
|
30
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $732M | 0.37% |
5,520,000
+5,410,000
| +4,918% | +$719M |
|
31
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $726M | 0.37% |
26,155,200
+4,641,000
| +22% | +$131M |
|
|
32
CALL
Alibaba
BABA
$286B
| $700M | 0.36% |
5,894,700
-3,243,700
| -35% | -$472M |
|
33
PUT
Citigroup
C
$221B
| $674M | 0.34% |
11,166,200
+5,631,900
| +102% | +$374M |
|
34
AT&T
T
$173B
| $662M | 0.34% |
35,638,377
+11,894,064
| +50% | +$222M |
|
35
PUT
PayPal
PYPL
$52.7B
| $649M | 0.33% |
3,439,600
+1,887,900
| +122% | +$408M |
|
36
CALL
Microsoft
MSFT
$3.59T
| $636M | 0.32% |
1,892,200
-544,300
| -22% | -$176M |
|
37
PUT
Palo Alto Networks
PANW
$292B
| $609M | 0.31% |
6,558,000
+3,735,000
| +132% | +$323M |
|
38
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $600M | 0.31% |
6,896,300
-5,130,200
| -43% | -$445M |
|
|
39
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $600M | 0.3% |
1,263,100
+375,800
| +42% | +$173M |
|
40
Meta Platforms (Facebook)
META
$1.4T
| $557M | 0.28% |
1,657,335
+738,626
| +80% | +$245M |
|
41
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $554M | 0.28% |
14,188,100
-122,900
| -0.9% | -$4.83M |
|
42
Alphabet (Google) Class C
GOOG
$4.18T
| $544M | 0.28% |
3,761,800
+816,820
| +28% | +$118M |
|
|
INFO
43
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $532M | 0.27% |
4,002,050
+403,517
| +11% | +$51.4M |
|
44
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $514M | 0.26% |
7,256,800
+652,800
| +10% | +$46.7M |
|
45
PUT
Bank of America
BAC
$431B
| $500M | 0.25% |
11,241,100
+4,049,800
| +56% | +$184M |
|
46
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $489M | 0.25% |
4,367,600
+2,248,800
| +106% | +$271M |
|
|
47
PUT
Salesforce
CRM
$171B
| $485M | 0.25% |
1,907,100
-390,000
| -17% | -$110M |
|
48
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $483M | 0.25% |
4,722,200
-379,400
| -7% | -$37.8M |
|
49
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $474M | 0.24% |
1,585,100
+464,300
| +41% | +$133M |
|
50
PUT
Qualcomm
QCOM
$169B
| $474M | 0.24% |
2,589,800
+192,900
| +8% | +$30.9M |
|
Similar funds
Israel Englander's Q4 2021 Portfolio in Review
As of Q4 2021, Israel Englander held 7,926 positions worth $197B, up 18% from $167B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Israel Englander deployed $20.8B of net new capital in Q4 2021, opening 1,213 new positions and adding to 2,560 existing holdings. Its largest new stake was Comcast: 3,028,627 shares worth $152M.
By sector, the portfolio is most concentrated in Technology at 8.2% of assets, up from 7.7% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street Technology Select Sector SPDR ETF, an estimated $291M trimmed.
- Israel Englander's largest Q4 2021 buy was Comcast: 3,028,627 shares worth $152M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q4 2021, an estimated $1.38B increase.
- Israel Englander's biggest Q4 2021 reduction was State Street Technology Select Sector SPDR ETF, cutting an estimated $291M.
- Israel Englander fully exited Kansas City Southern in Q4 2021, selling an estimated $227M.
- Israel Englander's ten largest holdings make up 19% of its $197B portfolio in Q4 2021.
- Israel Englander opened 1,213 new positions and closed 1,231 in Q4 2021.
- Israel Englander's portfolio value rose 18% quarter-over-quarter to $197B.
Based on Millennium Management's 13F filing for Q4 2021, filed 14 Feb 2022.