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 |
Broadcom
AVGO
|
+$1.14B |
| 2 |
iShares Russell 1000 ETF
IWB
|
+$810M |
| 3 |
Meta Platforms (Facebook)
META
|
+$715M |
| 4 |
Amazon
AMZN
|
+$641M |
| 5 |
UnitedHealth
UNH
|
+$498M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.98B |
| 2 |
Spotify
SPOT
|
+$1.17B |
| 3 |
Microsoft
MSFT
|
+$856M |
| 4 |
Apollo Global Management
APO
|
+$726M |
| 5 |
Workday
WDAY
|
+$440M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.85% |
| 2 | Financials | 8.25% |
| 3 | Healthcare | 7.07% |
| 4 | Industrials | 5.92% |
| 5 | Consumer Discretionary | 5.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Lennox International
LII
$13.8B
| $75.1M | 0.04% |
123,237
-70,717
| -36% | -$44.2M |
|
527
Airbnb
ABNB
$112B
| $74.7M | 0.04% |
568,480
+402,307
| +242% | +$54.2M |
|
528
Darling Ingredients
DAR
$9.85B
| $74.6M | 0.04% |
2,213,998
+667,884
| +43% | +$25.2M |
|
529
Chemed
CHE
$7.06B
| $74.6M | 0.04% |
140,775
+87,316
| +163% | +$49.2M |
|
530
Bunge Global
BG
$21.1B
| $74.2M | 0.04% |
953,831
+34,608
| +4% | +$3.04M |
|
531
Warner Bros
WBD
$72.3B
| $74.2M | 0.04% |
7,016,581
-1,037,455
| -13% | -$9.64M |
|
532
InvenTrust Properties
IVT
$2.56B
| $74M | 0.04% |
2,457,305
+839,541
| +52% | +$25.3M |
|
|
BLD
533
DELISTED
TopBuild
BLD
| $74M | 0.04% |
237,646
+92,187
| +63% | +$33.8M |
|
534
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.07B
| $74M | 0.04% |
1,225,500
+156,900
| +15% | +$9.73M |
|
535
CALL
Marvell Technology
MRVL
$208B
| $73.9M | 0.04% |
669,500
+15,300
| +2% | +$1.42M |
|
536
CALL
RTX Corp
RTX
$282B
| $73.9M | 0.04% |
638,800
-37,000
| -5% | -$4.47M |
|
|
JBTM
537
JBT Marel
JBTM
$5.88B
| $73.8M | 0.04% |
580,771
+292,040
| +101% | +$33.7M |
|
538
Monolithic Power Systems
MPWR
$63.4B
| $73.7M | 0.04% |
124,566
-34,362
| -22% | -$24.9M |
|
539
PUT
Blackstone
BX
$108B
| $73.6M | 0.04% |
427,100
+299,900
| +236% | +$52.3M |
|
540
PUT
Danaher
DHR
$152B
| $73.6M | 0.04% |
320,800
-547,700
| -63% | -$135M |
|
541
CALL
PayPal
PYPL
$52.8B
| $73.6M | 0.04% |
862,300
-50,100
| -5% | -$4.21M |
|
542
HEICO Corp Class A
HEI.A
$36.3B
| $73.4M | 0.04% |
394,417
-41,133
| -9% | -$8.29M |
|
543
Assurant
AIZ
$14.2B
| $73.4M | 0.04% |
344,128
+322,608
| +1,499% | +$67.1M |
|
544
Alcoa
AA
$12.9B
| $73.4M | 0.04% |
1,954,077
+203,556
| +12% | +$8.46M |
|
545
PUT
Procter & Gamble
PG
$339B
| $73.3M | 0.04% |
437,000
-220,600
| -34% | -$37.6M |
|
546
Howmet Aerospace
HWM
$105B
| $73.1M | 0.04% |
668,691
-468,308
| -41% | -$51.3M |
|
547
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $73M | 0.04% |
798,079
+161,878
| +25% | +$14.8M |
|
548
SLB Ltd
SLB
$79.9B
| $72.5M | 0.04% |
1,889,837
+943,860
| +100% | +$39.6M |
|
549
Bath & Body Works
BBWI
$3.89B
| $72.2M | 0.04% |
1,861,687
+1,042,234
| +127% | +$34.8M |
|
550
Wabtec
WAB
$50.5B
| $72.1M | 0.04% |
380,420
+217,555
| +134% | +$42.1M |
|
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Israel Englander's Q4 2024 Portfolio in Review
As of Q4 2024, Israel Englander held 6,700 positions worth $205B, down 3% from $211B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Israel Englander withdrew a net $13.8B in Q4 2024, closing 810 positions and reducing 2,557 holdings. Its most notable exit was Southwestern Energy Company, an estimated $340M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.8% of assets, up from 8.6% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Israel Englander opened a new position in NextEra Energy 7.234% Corporate Units worth $5.03M.
- Israel Englander's largest Q4 2024 buy was NextEra Energy 7.234% Corporate Units: 5,500,000 shares worth $5.03M.
- Israel Englander added most to Broadcom in Q4 2024, an estimated $1.14B increase.
- Israel Englander's biggest Q4 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.98B.
- Israel Englander fully exited Southwestern Energy Company in Q4 2024, selling an estimated $340M.
- Israel Englander's ten largest holdings make up 16% of its $205B portfolio in Q4 2024.
- Israel Englander opened 681 new positions and closed 810 in Q4 2024.
- Israel Englander's portfolio value fell 3% quarter-over-quarter to $205B.
Based on Millennium Management's 13F filing for Q4 2024, filed 14 Feb 2025.