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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.38B |
| 2 |
Microsoft
MSFT
|
+$667M |
| 3 |
Spotify
SPOT
|
+$528M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$438M |
| 5 |
Eli Lilly
LLY
|
+$412M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.59B |
| 2 |
Amazon
AMZN
|
+$1.45B |
| 3 |
Merck
MRK
|
+$925M |
| 4 |
Broadcom
AVGO
|
+$765M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$672M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.59% |
| 2 | Healthcare | 7.29% |
| 3 | Financials | 7.2% |
| 4 | Industrials | 6.31% |
| 5 | Consumer Discretionary | 4.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Eli Lilly
LLY
$1.12T
| $877M | 0.42% |
990,209
+458,171
| +86% | +$412M |
|
27
CALL
Tesla
TSLA
$1.43T
| $853M | 0.4% |
3,259,700
-675,200
| -17% | -$154M |
|
|
28
iShares Bitcoin Trust
IBIT
$57.7B
| $849M | 0.4% |
23,498,001
+12,621,559
| +116% | +$438M |
|
|
29
PUT
Broadcom
AVGO
$1.75T
| $819M | 0.39% |
4,745,300
-179,700
| -4% | -$28.8M |
|
30
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $771M | 0.37% |
9,604,600
-941,700
| -9% | -$74.1M |
|
31
Meta Platforms (Facebook)
META
$1.4T
| $766M | 0.36% |
1,337,724
+94,156
| +8% | +$48.4M |
|
|
32
CALL
Amazon
AMZN
$2.79T
| $676M | 0.32% |
3,627,700
-2,431,300
| -40% | -$444M |
|
33
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $667M | 0.32% |
14,547,500
+760,300
| +6% | +$32.8M |
|
34
Fidelity Wise Origin Bitcoin Fund
FBTC
$14.3B
| $644M | 0.31% |
11,599,511
+372,394
| +3% | +$19.9M |
|
35
PUT
Alibaba
BABA
$286B
| $606M | 0.29% |
5,712,800
+4,215,800
| +282% | +$345M |
|
36
Apollo Global Management
APO
$78.4B
| $605M | 0.29% |
4,839,726
-970,881
| -17% | -$112M |
|
37
Medtronic
MDT
$119B
| $560M | 0.27% |
6,217,469
+4,228,255
| +213% | +$356M |
|
38
PUT
ExxonMobil
XOM
$679B
| $556M | 0.26% |
4,740,400
+364,700
| +8% | +$42.1M |
|
|
HES
39
DELISTED
Hess
HES
| $551M | 0.26% |
4,059,715
+1,031,247
| +34% | +$143M |
|
40
Wells Fargo
WFC
$254B
| $535M | 0.25% |
9,478,169
-4,291,461
| -31% | -$243M |
|
41
PUT
iShares MSCI EAFE ETF
EFA
$80B
| $533M | 0.25% |
6,378,100
-1,081,600
| -14% | -$87M |
|
|
42
CALL
Alibaba
BABA
$286B
| $503M | 0.24% |
4,744,200
+4,739,000
| +91,135% | +$388M |
|
|
43
CALL
Broadcom
AVGO
$1.75T
| $499M | 0.24% |
2,890,900
+179,900
| +7% | +$28.8M |
|
44
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $493M | 0.23% |
4,921,400
-451,800
| -8% | -$42.2M |
|
45
PUT
Netflix
NFLX
$331B
| $490M | 0.23% |
6,904,000
+33,000
| +0.5% | +$2.21M |
|
46
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $476M | 0.23% |
4,813,700
+442,500
| +10% | +$43.5M |
|
47
Alphabet (Google) Class A
GOOGL
$4.22T
| $458M | 0.22% |
2,761,929
+176,646
| +7% | +$29.6M |
|
48
Workday
WDAY
$49.4B
| $450M | 0.21% |
1,842,963
+536,886
| +41% | +$127M |
|
49
RTX Corp
RTX
$283B
| $449M | 0.21% |
3,707,746
+2,906,480
| +363% | +$331M |
|
50
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $448M | 0.21% |
10,205,800
-11,250,400
| -52% | -$503M |
|
Similar funds
Israel Englander's Q3 2024 Portfolio in Review
As of Q3 2024, Israel Englander held 6,698 positions worth $211B, down 2.3% from $216B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Israel Englander withdrew a net $20.6B in Q3 2024, closing 667 positions and reducing 2,445 holdings. Its most notable exit was WestRock Company, an estimated $161M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.6% of assets, down from 10% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in Smurfit Westrock worth $94.1M.
- Israel Englander's largest Q3 2024 buy was Smurfit Westrock: 1,904,931 shares worth $94.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $1.38B increase.
- Israel Englander's biggest Q3 2024 reduction was Apple, cutting an estimated $2.59B.
- Israel Englander fully exited WestRock Company in Q3 2024, selling an estimated $161M.
- Israel Englander's ten largest holdings make up 17% of its $211B portfolio in Q3 2024.
- Israel Englander opened 898 new positions and closed 667 in Q3 2024.
- Israel Englander's portfolio value fell 2.3% quarter-over-quarter to $211B.
Based on Millennium Management's 13F filing for Q3 2024, filed 14 Nov 2024.