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 | |
|---|---|---|---|---|---|---|
26
CALL
JPMorgan Chase
JPM
$935B
| $469M | 0.26% |
3,498,800
+429,800
| +14% | +$54.5M |
|
27
Apple
AAPL
$4.51T
| $453M | 0.25% |
3,489,785
+821,915
| +31% | +$117M |
|
28
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $441M | 0.24% |
1,153,574
+626,293
| +119% | +$241M |
|
|
29
DexCom
DXCM
$34.8B
| $441M | 0.24% |
3,890,649
+2,658,077
| +216% | +$292M |
|
30
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $436M | 0.24% |
7,013,200
+892,800
| +15% | +$56.7M |
|
31
Meta Platforms (Facebook)
META
$1.4T
| $432M | 0.24% |
3,591,915
+1,774,357
| +98% | +$208M |
|
32
Boston Scientific
BSX
$73B
| $425M | 0.24% |
9,194,913
+965,210
| +12% | +$41.8M |
|
|
33
PUT
Meta Platforms (Facebook)
META
$1.4T
| $423M | 0.23% |
3,517,200
-197,700
| -5% | -$23.2M |
|
34
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $413M | 0.23% |
1,247,900
-1,331,400
| -52% | -$433M |
|
35
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $407M | 0.23% |
1,318,400
-29,100
| -2% | -$8.64M |
|
|
36
Salesforce
CRM
$171B
| $406M | 0.22% |
3,060,201
+2,592,200
| +554% | +$378M |
|
37
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $398M | 0.22% |
11,647,500
+1,762,900
| +18% | +$59.6M |
|
38
PUT
Walmart Inc
WMT
$825B
| $395M | 0.22% |
8,360,100
+614,100
| +8% | +$29.2M |
|
39
CALL
Procter & Gamble
PG
$336B
| $394M | 0.22% |
2,596,500
+1,455,500
| +128% | +$204M |
|
|
40
Boeing
BA
$169B
| $383M | 0.21% |
2,010,408
+1,813,736
| +922% | +$297M |
|
|
BNY
41
Bank of New York Mellon
BNY
$108B
| $365M | 0.2% |
8,018,502
+3,329,595
| +71% | +$143M |
|
42
Intuitive Surgical
ISRG
$134B
| $363M | 0.2% |
1,368,970
+222,403
| +19% | +$54.2M |
|
43
PUT
VanEck Oil Services ETF
OIH
$1.95B
| $360M | 0.2% |
1,185,200
+206,100
| +21% | +$59M |
|
44
Adobe
ADBE
$109B
| $358M | 0.2% |
1,064,828
+625,746
| +143% | +$200M |
|
45
CALL
UnitedHealth
UNH
$350B
| $355M | 0.2% |
670,500
+283,200
| +73% | +$150M |
|
46
S&P Global
SPGI
$127B
| $353M | 0.2% |
1,052,748
+634,562
| +152% | +$209M |
|
47
Yum! Brands
YUM
$41.8B
| $352M | 0.19% |
2,747,902
+1,650,718
| +150% | +$200M |
|
|
48
CALL
Walmart Inc
WMT
$825B
| $349M | 0.19% |
7,376,400
+2,231,400
| +43% | +$106M |
|
49
PUT
Honeywell
HON
$68.4B
| $347M | 0.19% |
1,715,743
+447,211
| +35% | +$85.4M |
|
50
PUT
ConocoPhillips
COP
$162B
| $345M | 0.19% |
2,921,600
+433,500
| +17% | +$52.7M |
|
Similar funds
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.