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 Core S&P 500 ETF
IVV
|
+$4.37B |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$488M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$449M |
| 4 |
Apple
AAPL
|
+$402M |
| 5 |
HES
Hess
HES
|
+$377M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.47B |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$1.44B |
| 3 |
NVIDIA
NVDA
|
+$783M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$722M |
| 5 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$650M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.34% |
| 2 | Healthcare | 6.09% |
| 3 | Financials | 5% |
| 4 | Consumer Discretionary | 4.53% |
| 5 | Industrials | 4.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Pultegroup
PHM
$24.6B
| $82.2M | 0.04% |
796,351
-607,744
| -43% | -$51.6M |
|
502
Unum
UNM
$13.9B
| $82.2M | 0.04% |
1,817,156
+1,079,190
| +146% | +$49.2M |
|
503
Commercial Metals
CMC
$7.34B
| $82.1M | 0.04% |
1,641,569
+558,497
| +52% | +$25.4M |
|
504
PUT
Linde
LIN
$225B
| $81.9M | 0.04% |
199,500
+50,500
| +34% | +$19.9M |
|
505
Glaukos
GKOS
$10.9B
| $81.3M | 0.04% |
1,023,333
-68,695
| -6% | -$4.68M |
|
506
Hilton Grand Vacations
HGV
$3.51B
| $81.3M | 0.04% |
2,023,518
+519,159
| +35% | +$19.5M |
|
507
Texas Roadhouse
TXRH
$13.4B
| $81.3M | 0.04% |
665,019
+91,035
| +16% | +$9.73M |
|
508
3M
MMM
$92.3B
| $81.2M | 0.04% |
887,963
+97,826
| +12% | +$7.85M |
|
509
PUT
TJX Companies
TJX
$155B
| $81.1M | 0.04% |
865,000
-132,100
| -13% | -$11.9M |
|
510
PUT
United Airlines
UAL
$36.7B
| $81M | 0.04% |
1,962,100
-1,236,700
| -39% | -$48.6M |
|
511
Reinsurance Group of America
RGA
$15.9B
| $80.9M | 0.04% |
499,760
+109,486
| +28% | +$17M |
|
|
EDR
512
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $80.7M | 0.03% |
3,402,380
-2,796,026
| -45% | -$63M |
|
513
PUT
Coca-Cola
KO
$392B
| $80.4M | 0.03% |
1,364,000
-81,400
| -6% | -$4.62M |
|
514
Dow Inc
DOW
$23.4B
| $80.3M | 0.03% |
1,464,249
-2,814,245
| -66% | -$144M |
|
515
Insulet
PODD
$10.3B
| $79.7M | 0.03% |
367,447
+26,655
| +8% | +$4.57M |
|
516
Hubbell
HUBB
$24.8B
| $79.7M | 0.03% |
242,183
+231,534
| +2,174% | +$69.6M |
|
517
Option Care Health
OPCH
$3.55B
| $79.5M | 0.03% |
2,361,087
-1,891,310
| -44% | -$58.1M |
|
|
FISV
518
Fiserv Inc
FISV
$28B
| $79.4M | 0.03% |
598,076
-284,503
| -32% | -$34.9M |
|
519
iShares 20+ Year Treasury Bond ETF
TLT
$46.3B
| $78.8M | 0.03% |
796,690
+241,969
| +44% | +$21.9M |
|
520
Alibaba
BABA
$286B
| $78.7M | 0.03% |
1,015,126
-633,997
| -38% | -$50.5M |
|
521
Oneok
OKE
$58.8B
| $78.5M | 0.03% |
1,117,625
+628,892
| +129% | +$42.1M |
|
|
AL
522
DELISTED
Air Lease Corp
AL
| $78.2M | 0.03% |
1,863,562
+602,689
| +48% | +$22.8M |
|
523
CALL
lululemon athletica
LULU
$13.7B
| $78.1M | 0.03% |
152,700
+24,100
| +19% | +$10.4M |
|
524
GlobalFoundries
GFS
$26.4B
| $77.8M | 0.03% |
1,284,586
+1,038,194
| +421% | +$57.5M |
|
|
SKX
525
DELISTED
Skechers
SKX
| $77.8M | 0.03% |
1,248,140
+580,009
| +87% | +$31.3M |
|
Similar funds
Israel Englander's Q4 2023 Portfolio in Review
As of Q4 2023, Israel Englander held 6,891 positions worth $231B, up 17% from $198B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Israel Englander deployed $7.99B of net new capital in Q4 2023, opening 816 new positions and adding to 2,304 existing holdings. Its largest new stake was Ferguson: 906,589 shares worth $175M.
By sector, the portfolio is most concentrated in Technology at 8.3% of assets, down from 9.2% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $2.47B trimmed.
- Israel Englander's largest Q4 2023 buy was Ferguson: 906,589 shares worth $175M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q4 2023, an estimated $4.37B increase.
- Israel Englander's biggest Q4 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.47B.
- Israel Englander fully exited Activision Blizzard in Q4 2023, selling an estimated $1.44B.
- Israel Englander's ten largest holdings make up 21% of its $231B portfolio in Q4 2023.
- Israel Englander opened 816 new positions and closed 883 in Q4 2023.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $231B.
Based on Millennium Management's 13F filing for Q4 2023, filed 14 Feb 2024.