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 |
Linde
LIN
|
+$374M |
| 2 |
AT&T
T
|
+$293M |
| 3 |
NVIDIA
NVDA
|
+$291M |
| 4 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$283M |
| 5 |
Williams Companies
WMB
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.09B |
| 2 |
Lam Research
LRCX
|
+$351M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$330M |
| 4 |
Apple
AAPL
|
+$328M |
| 5 |
Boeing
BA
|
+$292M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.38% |
| 2 | Healthcare | 7.98% |
| 3 | Financials | 6.14% |
| 4 | Consumer Discretionary | 5.62% |
| 5 | Industrials | 5.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HZNP
26
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $470M | 0.27% |
4,307,754
+1,781,718
| +71% | +$197M |
|
27
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $469M | 0.27% |
10,690,400
+307,600
| +3% | +$17.4M |
|
28
CALL
Meta Platforms (Facebook)
META
$1.4T
| $453M | 0.26% |
2,138,900
+784,700
| +58% | +$134M |
|
29
CALL
Advanced Micro Devices
AMD
$773B
| $446M | 0.26% |
4,550,900
+603,100
| +15% | +$49.1M |
|
30
PUT
ExxonMobil
XOM
$679B
| $439M | 0.25% |
3,999,300
-1,598,700
| -29% | -$177M |
|
|
31
Linde
LIN
$225B
| $428M | 0.25% |
1,203,845
+1,117,231
| +1,290% | +$374M |
|
|
32
PUT
Advanced Micro Devices
AMD
$773B
| $426M | 0.24% |
4,341,500
-498,100
| -10% | -$40.5M |
|
|
ATVI
33
DELISTED
Activision Blizzard
ATVI
| $396M | 0.23% |
4,630,008
+303,998
| +7% | +$23.6M |
|
34
PUT
Texas Instruments
TXN
$241B
| $384M | 0.22% |
2,066,800
+887,900
| +75% | +$156M |
|
35
CALL
JPMorgan Chase
JPM
$935B
| $383M | 0.22% |
2,938,900
-559,900
| -16% | -$76.7M |
|
36
PUT
Chevron
CVX
$403B
| $380M | 0.22% |
2,326,400
+411,200
| +21% | +$68.9M |
|
|
37
AT&T
T
$173B
| $374M | 0.21% |
19,435,357
+15,314,948
| +372% | +$293M |
|
38
FedEx
FDX
$76.9B
| $374M | 0.21% |
1,637,370
+1,072,153
| +190% | +$218M |
|
39
Netflix
NFLX
$331B
| $370M | 0.21% |
10,707,480
+5,887,560
| +122% | +$195M |
|
40
Zimmer Biomet
ZBH
$19.3B
| $357M | 0.2% |
2,761,133
+2,109,874
| +324% | +$265M |
|
41
S&P Global
SPGI
$127B
| $352M | 0.2% |
1,019,570
-33,178
| -3% | -$11.7M |
|
42
PUT
Palo Alto Networks
PANW
$292B
| $350M | 0.2% |
3,503,200
-816,000
| -19% | -$69.1M |
|
43
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $349M | 0.2% |
10,841,300
-806,200
| -7% | -$28M |
|
44
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $348M | 0.2% |
1,128,300
-190,100
| -14% | -$58.6M |
|
45
PUT
Adobe
ADBE
$109B
| $348M | 0.2% |
903,500
+421,000
| +87% | +$150M |
|
46
PUT
Alibaba
BABA
$286B
| $346M | 0.2% |
3,387,300
+803,400
| +31% | +$80.5M |
|
47
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $345M | 0.2% |
3,241,500
+334,800
| +12% | +$35M |
|
|
48
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $335M | 0.19% |
8,077,600
-15,265,600
| -65% | -$653M |
|
49
lululemon athletica
LULU
$13.7B
| $334M | 0.19% |
916,534
+550,015
| +150% | +$172M |
|
50
Honeywell
HON
$68.4B
| $330M | 0.19% |
1,832,913
+1,308,477
| +250% | +$246M |
|
Similar funds
Israel Englander's Q1 2023 Portfolio in Review
As of Q1 2023, Israel Englander held 7,511 positions worth $174B, down 3.5% from $181B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Israel Englander withdrew a net $18.1B in Q1 2023, closing 1,206 positions and reducing 2,570 holdings. Its most notable exit was Apollo Global Management, an estimated $112M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.4% of assets, up from 8.2% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in Warner Bros worth $96.9M.
- Israel Englander's largest Q1 2023 buy was Warner Bros: 6,417,147 shares worth $96.9M.
- Israel Englander added most to Linde in Q1 2023, an estimated $374M increase.
- Israel Englander's biggest Q1 2023 reduction was Invesco QQQ Trust, cutting an estimated $1.09B.
- Israel Englander fully exited Apollo Global Management in Q1 2023, selling an estimated $112M.
- Israel Englander's ten largest holdings make up 25% of its $174B portfolio in Q1 2023.
- Israel Englander opened 987 new positions and closed 1,206 in Q1 2023.
- Israel Englander's portfolio value fell 3.5% quarter-over-quarter to $174B.
Based on Millennium Management's 13F filing for Q1 2023, filed 15 May 2023.