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
|
+$4.37B |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$488M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$449M |
| 4 |
Apple
AAPL
|
+$402M |
| 5 |
HES
Hess
HES
|
+$377M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.47B |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$1.44B |
| 3 |
NVIDIA
NVDA
|
+$783M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$722M |
| 5 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$650M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.34% |
| 2 | Healthcare | 6.09% |
| 3 | Financials | 5% |
| 4 | Consumer Discretionary | 4.53% |
| 5 | Industrials | 4.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
NVIDIA
NVDA
$5.2T
| $1.02B | 0.44% |
20,628,400
-16,893,220
| -45% | -$783M |
|
27
Alphabet (Google) Class A
GOOGL
$4.22T
| $889M | 0.38% |
6,362,239
+2,446,316
| +62% | +$329M |
|
28
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $882M | 0.38% |
11,393,700
+6,687,400
| +142% | +$499M |
|
|
29
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $881M | 0.38% |
6,309,000
+2,194,700
| +53% | +$295M |
|
30
KKR & Co
KKR
$97.4B
| $777M | 0.34% |
9,379,214
+4,646,570
| +98% | +$315M |
|
|
PXD
31
DELISTED
Pioneer Natural Resource Co.
PXD
| $777M | 0.34% |
3,455,007
+1,914,275
| +124% | +$449M |
|
32
PUT
Palo Alto Networks
PANW
$292B
| $758M | 0.33% |
5,138,800
-386,200
| -7% | -$51.6M |
|
33
Meta Platforms (Facebook)
META
$1.4T
| $720M | 0.31% |
2,033,300
-307,709
| -13% | -$100M |
|
34
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $710M | 0.31% |
16,945,600
+2,112,000
| +14% | +$90.3M |
|
35
PUT
Netflix
NFLX
$331B
| $700M | 0.3% |
14,378,000
+3,210,000
| +29% | +$140M |
|
|
36
Alphabet (Google) Class C
GOOG
$4.18T
| $674M | 0.29% |
4,781,462
-1,110,224
| -19% | -$151M |
|
37
PUT
Broadcom
AVGO
$1.75T
| $672M | 0.29% |
6,021,000
+1,006,000
| +20% | +$95.3M |
|
38
Merck
MRK
$376B
| $659M | 0.29% |
6,047,952
+2,627,482
| +77% | +$273M |
|
39
PUT
ExxonMobil
XOM
$679B
| $656M | 0.28% |
6,558,500
-17,800
| -0.3% | -$1.87M |
|
|
40
PUT
Alphabet (Google) Class C
GOOG
$4.18T
| $643M | 0.28% |
4,564,400
+363,700
| +9% | +$49.3M |
|
41
PUT
Salesforce
CRM
$171B
| $623M | 0.27% |
2,368,600
+196,000
| +9% | +$44.4M |
|
42
PUT
Boeing
BA
$169B
| $600M | 0.26% |
2,301,500
+200,400
| +10% | +$42.9M |
|
43
Western Digital
WDC
$166B
| $549M | 0.24% |
13,869,698
+5,182,352
| +60% | +$181M |
|
44
Micron Technology
MU
$1.09T
| $537M | 0.23% |
6,288,244
+1,017,079
| +19% | +$75.6M |
|
45
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $532M | 0.23% |
4,664,800
+3,580,500
| +330% | +$376M |
|
46
CALL
Advanced Micro Devices
AMD
$773B
| $530M | 0.23% |
3,598,100
+1,537,900
| +75% | +$181M |
|
47
CRH
CRH
$63.2B
| $517M | 0.22% |
7,477,265
-885,746
| -11% | -$53.5M |
|
48
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $503M | 0.22% |
5,231,000
-2,504,200
| -32% | -$223M |
|
49
Oracle
ORCL
$422B
| $497M | 0.22% |
4,714,712
+2,729,820
| +138% | +$298M |
|
50
Colgate-Palmolive
CL
$72.6B
| $496M | 0.21% |
6,224,831
+1,033,426
| +20% | +$77.7M |
|
Similar funds
Israel Englander's Q4 2023 Portfolio in Review
As of Q4 2023, Israel Englander held 6,891 positions worth $231B, up 17% from $198B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Israel Englander deployed $7.99B of net new capital in Q4 2023, opening 816 new positions and adding to 2,304 existing holdings. Its largest new stake was Ferguson: 906,589 shares worth $175M.
By sector, the portfolio is most concentrated in Technology at 8.3% of assets, down from 9.2% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $2.47B trimmed.
- Israel Englander's largest Q4 2023 buy was Ferguson: 906,589 shares worth $175M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q4 2023, an estimated $4.37B increase.
- Israel Englander's biggest Q4 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.47B.
- Israel Englander fully exited Activision Blizzard in Q4 2023, selling an estimated $1.44B.
- Israel Englander's ten largest holdings make up 21% of its $231B portfolio in Q4 2023.
- Israel Englander opened 816 new positions and closed 883 in Q4 2023.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $231B.
Based on Millennium Management's 13F filing for Q4 2023, filed 14 Feb 2024.