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 Bitcoin Trust
IBIT
|
+$651M |
| 2 |
Fidelity Wise Origin Bitcoin Fund
FBTC
|
+$622M |
| 3 |
Merck
MRK
|
+$496M |
| 4 |
Adobe
ADBE
|
+$446M |
| 5 |
CRH
CRH
|
+$410M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$4.33B |
| 2 |
Microsoft
MSFT
|
+$965M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$542M |
| 4 |
NVIDIA
NVDA
|
+$522M |
| 5 |
Linde
LIN
|
+$377M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.55% |
| 2 | Healthcare | 6.96% |
| 3 | Financials | 6.02% |
| 4 | Industrials | 5.05% |
| 5 | Consumer Discretionary | 4.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
PUT
Advanced Micro Devices
AMD
$773B
| $1.18B | 0.51% |
6,557,300
-3,448,500
| -34% | -$603M |
|
27
CALL
Amazon
AMZN
$2.79T
| $1.18B | 0.5% |
6,527,600
-2,717,300
| -29% | -$454M |
|
|
28
Microsoft
MSFT
$3.59T
| $1.18B | 0.5% |
2,796,250
-2,383,696
| -46% | -$965M |
|
29
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $1.13B | 0.48% |
27,475,500
+23,745,200
| +637% | +$945M |
|
|
30
CRH
CRH
$63.2B
| $1.11B | 0.47% |
12,836,081
+5,358,816
| +72% | +$410M |
|
31
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $977M | 0.42% |
20,702,200
+3,756,600
| +22% | +$161M |
|
32
KKR & Co
KKR
$97.4B
| $922M | 0.39% |
9,163,480
-215,734
| -2% | -$19.8M |
|
|
PXD
33
DELISTED
Pioneer Natural Resource Co.
PXD
| $907M | 0.39% |
3,456,807
+1,800
| +0.1% | +$422K |
|
34
PUT
Broadcom
AVGO
$1.75T
| $867M | 0.37% |
6,541,000
+520,000
| +9% | +$64.4M |
|
|
35
iShares Bitcoin Trust
IBIT
$57.7B
| $844M | 0.36% |
+20,859,447
| New | +$651M |
|
36
PUT
Netflix
NFLX
$331B
| $831M | 0.36% |
13,688,000
-690,000
| -5% | -$38.9M |
|
37
Alphabet (Google) Class A
GOOGL
$4.22T
| $820M | 0.35% |
5,435,218
-927,021
| -15% | -$133M |
|
|
38
Fidelity Wise Origin Bitcoin Fund
FBTC
$14.3B
| $807M | 0.34% |
+12,997,749
| New | +$622M |
|
39
PUT
Boeing
BA
$169B
| $766M | 0.33% |
3,966,800
+1,665,300
| +72% | +$342M |
|
|
40
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $751M | 0.32% |
4,975,800
-1,333,200
| -21% | -$191M |
|
41
CALL
Tesla
TSLA
$1.43T
| $743M | 0.32% |
4,227,000
-959,300
| -18% | -$187M |
|
42
Eli Lilly
LLY
$1.12T
| $641M | 0.27% |
824,323
+69,615
| +9% | +$49.5M |
|
43
Salesforce
CRM
$171B
| $620M | 0.26% |
2,058,775
+539,019
| +35% | +$156M |
|
44
Boston Scientific
BSX
$73B
| $615M | 0.26% |
9,479,667
+2,111,388
| +29% | +$136M |
|
45
PUT
Bank of America
BAC
$431B
| $607M | 0.26% |
16,018,900
+1,866,800
| +13% | +$64.1M |
|
|
HES
46
DELISTED
Hess
HES
| $580M | 0.25% |
3,800,705
+795,908
| +26% | +$116M |
|
|
47
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $580M | 0.25% |
14,107,800
+7,955,200
| +129% | +$317M |
|
48
PUT
ExxonMobil
XOM
$679B
| $558M | 0.24% |
4,801,200
-1,757,300
| -27% | -$184M |
|
49
PUT
Chevron
CVX
$403B
| $550M | 0.23% |
3,483,800
+463,300
| +15% | +$69.9M |
|
|
50
Alphabet (Google) Class C
GOOG
$4.18T
| $543M | 0.23% |
3,564,549
-1,216,913
| -25% | -$176M |
|
Similar funds
Israel Englander's Q1 2024 Portfolio in Review
As of Q1 2024, Israel Englander held 6,887 positions worth $234B, up 1.3% from $231B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Israel Englander withdrew a net $25.1B in Q1 2024, closing 745 positions and reducing 2,484 holdings. Its most notable exit was Splunk Inc, an estimated $319M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.5% of assets, up from 8.3% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in iShares Bitcoin Trust worth $844M.
- Israel Englander's largest Q1 2024 buy was iShares Bitcoin Trust: 20,859,447 shares worth $844M.
- Israel Englander added most to Merck in Q1 2024, an estimated $496M increase.
- Israel Englander's biggest Q1 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $4.33B.
- Israel Englander fully exited Splunk Inc in Q1 2024, selling an estimated $319M.
- Israel Englander's ten largest holdings make up 17% of its $234B portfolio in Q1 2024.
- Israel Englander opened 858 new positions and closed 745 in Q1 2024.
- Israel Englander's portfolio value rose 1.3% quarter-over-quarter to $234B.
Based on Millennium Management's 13F filing for Q1 2024, filed 15 May 2024.