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 |
Invesco QQQ Trust
QQQ
|
+$517M |
| 2 |
NXP Semiconductors
NXPI
|
+$351M |
| 3 |
Oracle
ORCL
|
+$279M |
| 4 |
Palo Alto Networks
PANW
|
+$268M |
| 5 |
Boston Scientific
BSX
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CERN
Cerner Corp
CERN
|
+$517M |
| 2 |
ExxonMobil
XOM
|
+$385M |
| 3 |
Cenovus Energy
CVE
|
+$292M |
| 4 |
PLAN
Anaplan, Inc.
PLAN
|
+$236M |
| 5 |
Phillips 66
PSX
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.76% |
| 2 | Financials | 7.66% |
| 3 | Healthcare | 7.12% |
| 4 | Industrials | 5.11% |
| 5 | Consumer Discretionary | 4.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
PUT
Texas Instruments
TXN
$236B
| $64.3M | 0.04% |
418,700
-571,000
| -58% | -$96.1M |
|
502
CALL
Bristol-Myers Squibb
BMY
$137B
| $64.3M | 0.04% |
834,800
+191,200
| +30% | +$14.6M |
|
503
PUT
Akamai
AKAM
$15.2B
| $64.3M | 0.04% |
703,600
+29,500
| +4% | +$3.07M |
|
504
Lyft
LYFT
$6.69B
| $64.1M | 0.04% |
4,829,777
+209,667
| +5% | +$4.89M |
|
505
Tetra Tech
TTEK
$9.44B
| $64M | 0.04% |
2,345,090
+2,207,305
| +1,602% | +$60.5M |
|
506
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $64M | 0.04% |
733,241
+101,851
| +16% | +$9.6M |
|
|
LHCG
507
DELISTED
LHC Group LLC
LHCG
| $63.9M | 0.04% |
410,595
+386,917
| +1,634% | +$63.7M |
|
508
Dominion Energy
D
$58.6B
| $63.7M | 0.04% |
798,532
+689,231
| +631% | +$56.9M |
|
509
Alcon
ALC
$35.6B
| $63.6M | 0.04% |
+910,500
| New | +$66.4M |
|
|
510
PUT
NXP Semiconductors
NXPI
$56.1B
| $63.3M | 0.04% |
427,700
-4,800
| -1% | -$834K |
|
511
CALL
Philip Morris
PM
$298B
| $63M | 0.04% |
638,100
+31,600
| +5% | +$3.22M |
|
512
Ford
F
$55.5B
| $62.8M | 0.04% |
5,639,374
-1,838,932
| -25% | -$25.2M |
|
|
DEN
513
DELISTED
Denbury Inc.
DEN
| $62.8M | 0.04% |
1,046,112
+354,554
| +51% | +$25.2M |
|
514
Goldman Sachs
GS
$302B
| $62.6M | 0.04% |
210,757
+83,297
| +65% | +$25.9M |
|
|
COUP
515
DELISTED
Coupa Software Incorporated
COUP
| $62.6M | 0.04% |
1,096,140
+271,296
| +33% | +$20.9M |
|
516
PUT
Starbucks
SBUX
$123B
| $62.6M | 0.04% |
819,200
-790,500
| -49% | -$60.7M |
|
517
Ares Management
ARES
$31.6B
| $62.6M | 0.04% |
1,100,098
+1,055,877
| +2,388% | +$73M |
|
518
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $62.4M | 0.04% |
908,000
-359,800
| -28% | -$28.3M |
|
519
Freeport-McMoran
FCX
$112B
| $62.4M | 0.04% |
2,132,253
+505,255
| +31% | +$20.2M |
|
520
Healthpeak Properties
DOC
$14.9B
| $62.3M | 0.04% |
2,403,248
+1,784,519
| +288% | +$54.1M |
|
|
EA
521
DELISTED
Electronic Arts
EA
| $62.3M | 0.04% |
511,853
-151,283
| -23% | -$19.3M |
|
522
Invitation Homes
INVH
$18.1B
| $62.2M | 0.04% |
1,748,889
-2,368,657
| -58% | -$90.3M |
|
523
Targa Resources
TRGP
$63.1B
| $62.2M | 0.04% |
1,042,587
-981,455
| -48% | -$70.5M |
|
524
TE Connectivity
TEL
$58.6B
| $62.1M | 0.04% |
549,187
+427,181
| +350% | +$52.9M |
|
525
US Bancorp
USB
$97.3B
| $62.1M | 0.04% |
1,349,390
+1,341,740
| +17,539% | +$67M |
|
Similar funds
Israel Englander's Q2 2022 Portfolio in Review
As of Q2 2022, Israel Englander held 7,971 positions worth $161B, down 15% from $189B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Israel Englander deployed $7.94B of net new capital in Q2 2022, opening 1,144 new positions and adding to 2,588 existing holdings. Its largest new stake was M&T Bank: 828,809 shares worth $132M.
By sector, the portfolio is most concentrated in Technology at 7.8% of assets, up from 7.2% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was ExxonMobil, an estimated $385M trimmed.
- Israel Englander's largest Q2 2022 buy was M&T Bank: 828,809 shares worth $132M.
- Israel Englander added most to Invesco QQQ Trust in Q2 2022, an estimated $517M increase.
- Israel Englander's biggest Q2 2022 reduction was ExxonMobil, cutting an estimated $385M.
- Israel Englander fully exited Cerner Corp in Q2 2022, selling an estimated $517M.
- Israel Englander's ten largest holdings make up 23% of its $161B portfolio in Q2 2022.
- Israel Englander opened 1,144 new positions and closed 1,065 in Q2 2022.
- Israel Englander's portfolio value fell 15% quarter-over-quarter to $161B.
Based on Millennium Management's 13F filing for Q2 2022, filed 15 Aug 2022.