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 |
Broadcom
AVGO
|
+$1.14B |
| 2 |
iShares Russell 1000 ETF
IWB
|
+$810M |
| 3 |
Meta Platforms (Facebook)
META
|
+$715M |
| 4 |
Amazon
AMZN
|
+$641M |
| 5 |
UnitedHealth
UNH
|
+$498M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.98B |
| 2 |
Spotify
SPOT
|
+$1.17B |
| 3 |
Microsoft
MSFT
|
+$856M |
| 4 |
Apollo Global Management
APO
|
+$726M |
| 5 |
Workday
WDAY
|
+$440M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.85% |
| 2 | Financials | 8.25% |
| 3 | Healthcare | 7.07% |
| 4 | Industrials | 5.92% |
| 5 | Consumer Discretionary | 5.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Amazon
AMZN
$2.79T
| $949M | 0.46% |
4,327,650
+3,134,136
| +263% | +$641M |
|
27
Wells Fargo
WFC
$254B
| $941M | 0.46% |
13,391,808
+3,913,639
| +41% | +$267M |
|
|
28
CALL
Microsoft
MSFT
$3.59T
| $901M | 0.44% |
2,138,600
-922,600
| -30% | -$393M |
|
29
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $839M | 0.41% |
20,053,800
-2,853,300
| -12% | -$126M |
|
30
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $835M | 0.41% |
19,484,600
+9,278,800
| +91% | +$422M |
|
|
31
iShares Russell 1000 ETF
IWB
$49.3B
| $809M | 0.4% |
2,510,358
+2,499,118
| +22,234% | +$810M |
|
32
Tesla
TSLA
$1.43T
| $794M | 0.39% |
1,966,757
+1,300,662
| +195% | +$418M |
|
33
Boston Scientific
BSX
$73B
| $771M | 0.38% |
9,128,728
-2,231,004
| -20% | -$196M |
|
34
Bank of America
BAC
$431B
| $760M | 0.37% |
17,301,023
+8,256,661
| +91% | +$363M |
|
|
35
CALL
Broadcom
AVGO
$1.75T
| $747M | 0.36% |
3,220,500
+329,600
| +11% | +$61M |
|
36
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $746M | 0.36% |
6,653,800
+1,732,400
| +35% | +$185M |
|
37
Fidelity Wise Origin Bitcoin Fund
FBTC
$14.3B
| $694M | 0.34% |
8,503,474
-3,096,037
| -27% | -$225M |
|
38
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $648M | 0.32% |
8,243,100
-1,361,500
| -14% | -$108M |
|
39
Netflix
NFLX
$331B
| $634M | 0.31% |
7,116,500
+4,565,570
| +179% | +$376M |
|
40
Eli Lilly
LLY
$1.12T
| $618M | 0.3% |
801,065
-189,144
| -19% | -$157M |
|
|
41
PUT
Netflix
NFLX
$331B
| $612M | 0.3% |
6,869,000
-35,000
| -0.5% | -$2.88M |
|
42
PUT
Advanced Micro Devices
AMD
$773B
| $590M | 0.29% |
4,887,600
-972,300
| -17% | -$140M |
|
43
Capital One
COF
$134B
| $584M | 0.29% |
3,275,678
+2,743,525
| +516% | +$475M |
|
|
44
UnitedHealth
UNH
$350B
| $572M | 0.28% |
1,130,650
+875,832
| +344% | +$498M |
|
45
PUT
JPMorgan Chase
JPM
$935B
| $563M | 0.28% |
2,349,400
+306,500
| +15% | +$71.4M |
|
46
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $533M | 0.26% |
11,018,400
+1,387,000
| +14% | +$67.1M |
|
47
Cheniere Energy
LNG
$57.3B
| $521M | 0.25% |
2,424,008
+110,092
| +5% | +$22.4M |
|
48
ConocoPhillips
COP
$162B
| $505M | 0.25% |
5,095,480
+2,798,138
| +122% | +$297M |
|
49
PUT
ExxonMobil
XOM
$679B
| $498M | 0.24% |
4,625,600
-114,800
| -2% | -$13.4M |
|
50
Applovin
APP
$102B
| $492M | 0.24% |
1,519,381
+808,973
| +114% | +$205M |
|
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Israel Englander's Q4 2024 Portfolio in Review
As of Q4 2024, Israel Englander held 6,700 positions worth $205B, down 3% from $211B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Israel Englander withdrew a net $13.8B in Q4 2024, closing 810 positions and reducing 2,557 holdings. Its most notable exit was Southwestern Energy Company, an estimated $340M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.8% of assets, up from 8.6% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Israel Englander opened a new position in NextEra Energy 7.234% Corporate Units worth $5.03M.
- Israel Englander's largest Q4 2024 buy was NextEra Energy 7.234% Corporate Units: 5,500,000 shares worth $5.03M.
- Israel Englander added most to Broadcom in Q4 2024, an estimated $1.14B increase.
- Israel Englander's biggest Q4 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.98B.
- Israel Englander fully exited Southwestern Energy Company in Q4 2024, selling an estimated $340M.
- Israel Englander's ten largest holdings make up 16% of its $205B portfolio in Q4 2024.
- Israel Englander opened 681 new positions and closed 810 in Q4 2024.
- Israel Englander's portfolio value fell 3% quarter-over-quarter to $205B.
Based on Millennium Management's 13F filing for Q4 2024, filed 14 Feb 2025.