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 |
DRE
Duke Realty Corp.
DRE
|
+$886M |
| 2 |
Chevron
CVX
|
+$595M |
| 3 |
Union Pacific
UNP
|
+$360M |
| 4 |
Baxter International
BAX
|
+$276M |
| 5 |
Xcel Energy
XEL
|
+$252M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$520M |
| 2 |
NXP Semiconductors
NXPI
|
+$248M |
| 3 |
Oracle
ORCL
|
+$242M |
| 4 |
Amgen
AMGN
|
+$197M |
| 5 |
Eli Lilly
LLY
|
+$186M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 8.19% |
| 2 | Technology | 7.88% |
| 3 | Healthcare | 6.85% |
| 4 | Industrials | 5.04% |
| 5 | Consumer Discretionary | 4.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Constellation Brands
STZ
$23.2B
| $62.8M | 0.04% |
273,393
-370,961
| -58% | -$90.4M |
|
552
Procter & Gamble
PG
$336B
| $62.6M | 0.04% |
495,837
-94,073
| -16% | -$13.4M |
|
553
iShares Russell 2000 ETF
IWM
$81.9B
| $62.6M | 0.04% |
379,286
-243,859
| -39% | -$44.5M |
|
|
PCH
554
DELISTED
PotlatchDeltic
PCH
| $62.5M | 0.04% |
1,524,031
+833,353
| +121% | +$38.3M |
|
555
Synchrony
SYF
$25.9B
| $62.3M | 0.04% |
2,211,205
-1,867,384
| -46% | -$60.3M |
|
556
PUT
Altria Group
MO
$110B
| $62.2M | 0.04% |
1,539,500
-146,600
| -9% | -$6.39M |
|
557
The Mosaic Company
MOS
$7.76B
| $62M | 0.04% |
1,282,557
+296,645
| +30% | +$15.3M |
|
558
PUT
Albemarle
ALB
$16.9B
| $61.8M | 0.04% |
233,700
+80,100
| +52% | +$20.4M |
|
559
Amphenol
APH
$194B
| $61.7M | 0.04% |
1,843,484
-607,950
| -25% | -$22.1M |
|
560
Healthpeak Properties
DOC
$14.8B
| $61.6M | 0.04% |
2,689,773
+286,525
| +12% | +$7.57M |
|
561
Alliant Energy
LNT
$17.6B
| $61.6M | 0.04% |
1,163,365
+641,508
| +123% | +$38.7M |
|
562
American Financial Group
AFG
$11.9B
| $61.4M | 0.04% |
499,697
+94,324
| +23% | +$12.4M |
|
563
HUB Group
HUBG
$2.49B
| $61.3M | 0.04% |
1,777,742
+168,556
| +10% | +$6.44M |
|
564
CALL
Abbott
ABT
$202B
| $61.3M | 0.04% |
633,100
+319,200
| +102% | +$34M |
|
565
Avantor
AVTR
$9.78B
| $61.2M | 0.04% |
3,124,224
-1,391,734
| -31% | -$37.3M |
|
566
Neurocrine Biosciences
NBIX
$15.5B
| $60.9M | 0.04% |
573,056
+210,383
| +58% | +$21.3M |
|
|
EA
567
PUT
DELISTED
Electronic Arts
EA
| $60.7M | 0.04% |
524,300
-9,400
| -2% | -$1.19M |
|
568
Archer Daniels Midland
ADM
$38.7B
| $60.6M | 0.04% |
753,516
-96,527
| -11% | -$7.95M |
|
569
PUT
Bristol-Myers Squibb
BMY
$137B
| $60.5M | 0.04% |
851,000
-530,700
| -38% | -$38.5M |
|
570
Flowers Foods
FLO
$1.47B
| $60.4M | 0.04% |
2,444,340
+1,364,548
| +126% | +$36.9M |
|
571
CALL
Comcast
CMCSA
$95.3B
| $60.3M | 0.04% |
2,056,900
+82,800
| +4% | +$3.1M |
|
572
Capital One
COF
$134B
| $59.9M | 0.04% |
649,948
-189,979
| -23% | -$20.2M |
|
573
CALL
Chipotle Mexican Grill
CMG
$46.7B
| $59.8M | 0.04% |
1,990,000
+880,000
| +79% | +$27.3M |
|
574
Ulta Beauty
ULTA
$22.4B
| $59.5M | 0.04% |
148,240
-168,677
| -53% | -$67.9M |
|
575
PUT
iShares Global Clean Energy ETF
ICLN
$2.09B
| $59.3M | 0.04% |
3,108,200
| – | – |
|
Similar funds
Israel Englander's Q3 2022 Portfolio in Review
As of Q3 2022, Israel Englander held 7,917 positions worth $169B, up 4.9% from $161B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Israel Englander deployed $14.7B of net new capital in Q3 2022, opening 1,005 new positions and adding to 2,598 existing holdings. Its largest new stake was Rockwell Automation: 953,525 shares worth $205M.
By sector, the portfolio is most concentrated in Financials at 8.2% of assets, up from 7.7% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $520M trimmed.
- Israel Englander's largest Q3 2022 buy was Rockwell Automation: 953,525 shares worth $205M.
- Israel Englander added most to Duke Realty Corp. in Q3 2022, an estimated $886M increase.
- Israel Englander's biggest Q3 2022 reduction was Invesco QQQ Trust, cutting an estimated $520M.
- Israel Englander fully exited Coherent Inc in Q3 2022, selling an estimated $114M.
- Israel Englander's ten largest holdings make up 23% of its $169B portfolio in Q3 2022.
- Israel Englander opened 1,005 new positions and closed 906 in Q3 2022.
- Israel Englander's portfolio value rose 4.9% quarter-over-quarter to $169B.
Based on Millennium Management's 13F filing for Q3 2022, filed 14 Nov 2022.