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 |
Linde
LIN
|
+$374M |
| 2 |
AT&T
T
|
+$293M |
| 3 |
NVIDIA
NVDA
|
+$291M |
| 4 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$283M |
| 5 |
Williams Companies
WMB
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.09B |
| 2 |
Lam Research
LRCX
|
+$351M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$330M |
| 4 |
Apple
AAPL
|
+$328M |
| 5 |
Boeing
BA
|
+$292M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.38% |
| 2 | Healthcare | 7.98% |
| 3 | Financials | 6.14% |
| 4 | Consumer Discretionary | 5.62% |
| 5 | Industrials | 5.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ATVI
526
PUT
DELISTED
Activision Blizzard
ATVI
| $66.3M | 0.04% |
774,100
-1,497,400
| -66% | -$116M |
|
527
PUT
Danaher
DHR
$151B
| $66.2M | 0.04% |
296,326
-220,749
| -43% | -$50.2M |
|
|
DFS
528
DELISTED
Discover Financial Services
DFS
| $66M | 0.04% |
668,039
-1,560,224
| -70% | -$167M |
|
529
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.78B
| $66M | 0.04% |
517,300
-400
| -0.1% | -$53.1K |
|
530
W.W. Grainger
GWW
$62.1B
| $65.8M | 0.04% |
95,584
+94,311
| +7,409% | +$60.1M |
|
531
Evolent Health
EVH
$530M
| $65.5M | 0.04% |
2,018,410
-127,269
| -6% | -$4.02M |
|
532
Cencora
COR
$61.5B
| $65.4M | 0.04% |
408,413
+400,173
| +4,856% | +$63.5M |
|
533
CALL
Intuitive Surgical
ISRG
$133B
| $65.4M | 0.04% |
255,900
+253,800
| +12,086% | +$62.5M |
|
534
Glaukos
GKOS
$10.9B
| $65M | 0.04% |
1,298,052
+899,776
| +226% | +$43.7M |
|
535
Equinix
EQIX
$104B
| $64.9M | 0.04% |
90,051
-6,374
| -7% | -$4.49M |
|
536
Pacira BioSciences
PCRX
$988M
| $64.8M | 0.04% |
1,586,743
+434,989
| +38% | +$17.3M |
|
537
PUT
Altria Group
MO
$114B
| $64.7M | 0.04% |
1,450,500
-192,800
| -12% | -$8.86M |
|
538
Estee Lauder
EL
$37.5B
| $64.7M | 0.04% |
262,465
-16,710
| -6% | -$4.25M |
|
539
Zions Bancorporation
ZION
$9.95B
| $64.7M | 0.04% |
2,160,879
-19,824
| -0.9% | -$907K |
|
540
Textron
TXT
$14.1B
| $64.6M | 0.04% |
914,368
-1,312,925
| -59% | -$93.6M |
|
541
State Street
STT
$52.5B
| $64.4M | 0.04% |
851,386
+209,116
| +33% | +$17.6M |
|
|
WBS
542
DELISTED
Webster Financial
WBS
| $64.4M | 0.04% |
1,633,633
+657,093
| +67% | +$31.5M |
|
|
SUM
543
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $64.4M | 0.04% |
2,260,196
+1,703,245
| +306% | +$51.5M |
|
|
PXD
544
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $64.4M | 0.04% |
315,200
-80,500
| -20% | -$17.3M |
|
|
MAXR
545
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $64.3M | 0.04% |
1,259,659
+473,356
| +60% | +$24.2M |
|
546
MYR Group
MYRG
$4.76B
| $64.3M | 0.04% |
510,105
-50,549
| -9% | -$5.44M |
|
547
Axsome Therapeutics
AXSM
$10.8B
| $64.1M | 0.04% |
+1,039,367
| New | +$68.3M |
|
548
Paylocity
PCTY
$8.11B
| $64M | 0.04% |
322,073
+236,006
| +274% | +$46.4M |
|
549
Wendy's
WEN
$1.69B
| $64M | 0.04% |
2,936,462
+639,740
| +28% | +$14.1M |
|
550
Viking Therapeutics
VKTX
$3.89B
| $63.9M | 0.04% |
3,837,996
-544,504
| -12% | -$5.62M |
|
Similar funds
Israel Englander's Q1 2023 Portfolio in Review
As of Q1 2023, Israel Englander held 7,511 positions worth $174B, down 3.5% from $181B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Israel Englander withdrew a net $18.1B in Q1 2023, closing 1,206 positions and reducing 2,570 holdings. Its most notable exit was Apollo Global Management, an estimated $112M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.4% of assets, up from 8.2% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in Warner Bros worth $96.9M.
- Israel Englander's largest Q1 2023 buy was Warner Bros: 6,417,147 shares worth $96.9M.
- Israel Englander added most to Linde in Q1 2023, an estimated $374M increase.
- Israel Englander's biggest Q1 2023 reduction was Invesco QQQ Trust, cutting an estimated $1.09B.
- Israel Englander fully exited Apollo Global Management in Q1 2023, selling an estimated $112M.
- Israel Englander's ten largest holdings make up 25% of its $174B portfolio in Q1 2023.
- Israel Englander opened 987 new positions and closed 1,206 in Q1 2023.
- Israel Englander's portfolio value fell 3.5% quarter-over-quarter to $174B.
Based on Millennium Management's 13F filing for Q1 2023, filed 15 May 2023.