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 | |
|---|---|---|---|---|---|---|
526
BioNTech
BNTX
$28.3B
| $62.1M | 0.04% |
416,313
+154,877
| +59% | +$23.7M |
|
527
PUT
Uber
UBER
$162B
| $61.9M | 0.04% |
3,024,800
-201,700
| -6% | -$5.35M |
|
528
PUT
Bank of Montreal
BMO
$121B
| $61.9M | 0.04% |
550,000
| – | – |
|
529
Progressive
PGR
$130B
| $61.6M | 0.04% |
530,041
+269,135
| +103% | +$30.5M |
|
530
PUT
lululemon athletica
LULU
$13.9B
| $61.6M | 0.04% |
225,900
+14,800
| +7% | +$4.74M |
|
531
CALL
United Parcel Service
UPS
$87.4B
| $61.5M | 0.04% |
336,800
-41,800
| -11% | -$7.62M |
|
532
Howmet Aerospace
HWM
$105B
| $61.5M | 0.04% |
1,954,337
+236,558
| +14% | +$8.1M |
|
533
WEX
WEX
$6.93B
| $61.3M | 0.04% |
394,246
-63,375
| -14% | -$10.4M |
|
534
PUT
Snap
SNAP
$9.35B
| $61.1M | 0.04% |
4,652,800
-482,700
| -9% | -$11M |
|
535
Ormat Technologies
ORA
$6.48B
| $61.1M | 0.04% |
779,242
+743,545
| +2,083% | +$58.6M |
|
536
APA Corp
APA
$15.1B
| $60.9M | 0.04% |
1,743,546
+449,701
| +35% | +$19.1M |
|
|
NSA
537
DELISTED
National Storage Affiliates Trust
NSA
| $60.8M | 0.04% |
1,214,816
+14,738
| +1% | +$803K |
|
538
Leidos
LDOS
$17.4B
| $60.8M | 0.04% |
603,573
+242,201
| +67% | +$25.1M |
|
539
PUT
CVS Health
CVS
$120B
| $60.6M | 0.04% |
653,700
-831,700
| -56% | -$81.2M |
|
540
Alphabet (Google) Class C
GOOG
$4.21T
| $60.6M | 0.04% |
553,800
-359,020
| -39% | -$42.4M |
|
|
CDK
541
DELISTED
CDK Global, Inc.
CDK
| $59.5M | 0.04% |
1,086,934
+393,810
| +57% | +$21.3M |
|
542
McDonald's
MCD
$193B
| $59.3M | 0.04% |
240,154
+140,754
| +142% | +$34.7M |
|
543
American Electric Power
AEP
$66.4B
| $59.2M | 0.04% |
617,567
-583,846
| -49% | -$57.9M |
|
544
PUT
iShares Global Clean Energy ETF
ICLN
$2.18B
| $59.2M | 0.04% |
3,108,200
| – | – |
|
|
ITCI
545
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $59.2M | 0.04% |
1,037,277
+311,808
| +43% | +$17.7M |
|
546
PUT
ServiceNow
NOW
$132B
| $59.2M | 0.04% |
622,000
-1,159,500
| -65% | -$111M |
|
547
PUT
EOG Resources
EOG
$78.8B
| $59.1M | 0.04% |
535,400
+148,300
| +38% | +$18.4M |
|
548
Honeywell
HON
$68.1B
| $59.1M | 0.04% |
360,718
-72,154
| -17% | -$13M |
|
549
PUT
Canadian Imperial Bank of Commerce
CM
$105B
| $58.8M | 0.04% |
940,000
+600,000
| +176% | +$32.7M |
|
550
ResMed
RMD
$33.5B
| $58.6M | 0.04% |
279,404
+277,064
| +11,840% | +$59M |
|
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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.