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 | |
|---|---|---|---|---|---|---|
476
DTE Energy
DTE
$28.1B
| $89.3M | 0.04% |
695,656
+152,357
| +28% | +$18.4M |
|
477
UMB Financial
UMBF
$11B
| $89.3M | 0.04% |
849,369
+115,635
| +16% | +$11.3M |
|
478
BorgWarner
BWA
$13.8B
| $89.2M | 0.04% |
2,459,296
-1,462,028
| -37% | -$48.2M |
|
479
Entergy
ETR
$48.8B
| $88.9M | 0.04% |
1,350,910
-2,402,434
| -64% | -$142M |
|
480
Bunge Global
BG
$21.7B
| $88.8M | 0.04% |
919,223
+33,606
| +4% | +$3.44M |
|
481
HEICO Corp Class A
HEI.A
$36.5B
| $88.7M | 0.04% |
435,550
+78,501
| +22% | +$14.9M |
|
482
Alaska Air
ALK
$4.51B
| $88.7M | 0.04% |
1,961,800
+833,427
| +74% | +$31.6M |
|
483
Affirm
AFRM
$25.8B
| $88.6M | 0.04% |
2,170,353
-98,800
| -4% | -$3.28M |
|
|
SEE
484
DELISTED
Sealed Air
SEE
| $88.5M | 0.04% |
2,439,263
-1,675,018
| -41% | -$58.5M |
|
485
CALL
Lockheed Martin
LMT
$130B
| $88.4M | 0.04% |
151,300
+28,100
| +23% | +$15.1M |
|
486
PUT
Intel
INTC
$476B
| $88.4M | 0.04% |
3,768,700
+1,459,100
| +63% | +$36.4M |
|
487
CALL
Johnson & Johnson
JNJ
$651B
| $88.4M | 0.04% |
545,200
-144,000
| -21% | -$22.9M |
|
|
SPR
488
DELISTED
Spirit AeroSystems
SPR
| $88.3M | 0.04% |
2,714,962
+2,219,472
| +448% | +$76.1M |
|
489
Lithia Motors
LAD
$8.15B
| $88.2M | 0.04% |
277,744
+143,632
| +107% | +$40M |
|
490
CALL
Coca-Cola
KO
$392B
| $88.2M | 0.04% |
1,227,600
+115,200
| +10% | +$7.89M |
|
491
Kite Realty
KRG
$5.24B
| $88.1M | 0.04% |
3,318,366
+752,350
| +29% | +$18.7M |
|
492
CALL
Applied Materials
AMAT
$391B
| $88M | 0.04% |
435,500
-41,100
| -9% | -$8.43M |
|
493
Global E Online
GLBE
$6.81B
| $87.2M | 0.04% |
2,267,902
+944,948
| +71% | +$33.3M |
|
494
Edison International
EIX
$27.5B
| $87.1M | 0.04% |
1,000,239
+77,687
| +8% | +$6.31M |
|
495
Cardinal Health
CAH
$53.4B
| $87.1M | 0.04% |
787,891
-11,248
| -1% | -$1.18M |
|
496
TransAlta
TAC
$3.86B
| $87M | 0.04% |
8,395,713
+1,011,661
| +14% | +$8.41M |
|
497
General Dynamics
GD
$104B
| $87M | 0.04% |
287,940
+206,842
| +255% | +$60.8M |
|
498
Phinia Inc
PHIN
$2.67B
| $87M | 0.04% |
1,889,727
+1,554,660
| +464% | +$70M |
|
499
Valero Energy
VLO
$100B
| $86.5M | 0.04% |
640,443
+561,197
| +708% | +$81.5M |
|
500
CALL
AbbVie
ABBV
$468B
| $86.5M | 0.04% |
437,900
-332,500
| -43% | -$62.1M |
|
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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.