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 | |
|---|---|---|---|---|---|---|
526
CALL
RTX Corp
RTX
$283B
| $81.9M | 0.04% |
675,800
-400,800
| -37% | -$45.7M |
|
527
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $81.8M | 0.04% |
985,300
+635,300
| +182% | +$51M |
|
528
Williams Companies
WMB
$86.2B
| $81.7M | 0.04% |
1,789,886
+1,696,577
| +1,818% | +$74.6M |
|
529
Roku
ROKU
$23.4B
| $81.5M | 0.04% |
1,092,198
+355,379
| +48% | +$22.8M |
|
530
State Street Utilities Select Sector SPDR ETF
XLU
$22B
| $81.4M | 0.04% |
2,014,976
+1,976,250
| +5,103% | +$73.3M |
|
531
Suncor Energy
SU
$80B
| $81.2M | 0.04% |
2,199,858
+1,952,130
| +788% | +$75.4M |
|
532
CALL
CME Group
CME
$98.9B
| $81.1M | 0.04% |
367,600
+279,400
| +317% | +$57.8M |
|
533
Palo Alto Networks
PANW
$292B
| $81M | 0.04% |
474,248
+472,242
| +23,541% | +$79.5M |
|
534
Interactive Brokers
IBKR
$42.5B
| $81M | 0.04% |
2,326,144
-2,001,924
| -46% | -$62M |
|
535
Enovis
ENOV
$1.5B
| $80.9M | 0.04% |
1,880,264
-38,971
| -2% | -$1.74M |
|
|
CNH
536
CNH Industrial
CNH
$19.1B
| $80.9M | 0.04% |
7,291,173
+3,991,834
| +121% | +$40.6M |
|
537
IQVIA
IQV
$42.8B
| $80.9M | 0.04% |
341,237
+209,937
| +160% | +$49.6M |
|
538
CALL
Uber
UBER
$161B
| $80.7M | 0.04% |
1,073,200
+532,900
| +99% | +$37.5M |
|
539
PUT
Elevance Health
ELV
$86.9B
| $80.4M | 0.04% |
154,700
+300
| +0.2% | +$160K |
|
540
Owens Corning
OC
$11.7B
| $80.2M | 0.04% |
454,460
+65,264
| +17% | +$11M |
|
541
Hartford Financial Services
HIG
$36.9B
| $80.2M | 0.04% |
681,638
+456,705
| +203% | +$50.1M |
|
542
PUT
Gilead Sciences
GILD
$181B
| $80.1M | 0.04% |
955,800
+595,300
| +165% | +$45.4M |
|
543
Cincinnati Financial
CINF
$25.8B
| $80.1M | 0.04% |
588,200
+134,569
| +30% | +$17.4M |
|
544
PUT
Darden Restaurants
DRI
$25.2B
| $80M | 0.04% |
487,400
+45,500
| +10% | +$6.89M |
|
545
Capital One
COF
$134B
| $79.7M | 0.04% |
532,153
+377,208
| +243% | +$53.7M |
|
546
Veeva Systems
VEEV
$40.3B
| $79.6M | 0.04% |
379,296
+145,818
| +62% | +$28.8M |
|
547
US Bancorp
USB
$96.7B
| $79.6M | 0.04% |
1,740,402
+449,394
| +35% | +$19.7M |
|
548
COPT Defense Properties
CDP
$4.23B
| $79.4M | 0.04% |
2,619,240
-654,768
| -20% | -$18.6M |
|
549
Western Union
WU
$2.28B
| $79.3M | 0.04% |
6,645,630
+2,915,180
| +78% | +$35.2M |
|
550
Lennar Class A
LEN
$21B
| $78.9M | 0.04% |
434,722
+314,982
| +263% | +$52.8M |
|
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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.