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 | |
|---|---|---|---|---|---|---|
551
CALL
State Street SPDR S&P Biotech ETF
XBI
$11.5B
| $63.8M | 0.04% |
837,800
+631,000
| +305% | +$52.4M |
|
552
Harley-Davidson
HOG
$2.93B
| $63.8M | 0.04% |
1,680,519
+1,083,697
| +182% | +$47.6M |
|
553
LivaNova
LIVN
$4.32B
| $63.8M | 0.04% |
1,463,716
+743,103
| +103% | +$37.6M |
|
554
monday.com
MNDY
$3.99B
| $63.8M | 0.04% |
446,850
+196,377
| +78% | +$26.5M |
|
555
SM Energy
SM
$8.66B
| $63.7M | 0.04% |
2,263,450
+871,590
| +63% | +$26.6M |
|
556
Carnival Corporation Ltd
CCL
$35.5B
| $63.7M | 0.04% |
6,277,174
+5,495,428
| +703% | +$56.9M |
|
557
Olin
OLN
$2.01B
| $63.7M | 0.04% |
1,146,944
+887,550
| +342% | +$50.8M |
|
558
Post Holdings
POST
$3.77B
| $63.6M | 0.04% |
707,412
-282,823
| -29% | -$25.7M |
|
559
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $63.4M | 0.04% |
848,324
-570,038
| -40% | -$40.9M |
|
560
Eversource Energy
ES
$26.8B
| $63.4M | 0.04% |
809,556
-474,566
| -37% | -$37.5M |
|
561
East-West Bancorp
EWBC
$17.7B
| $63.3M | 0.04% |
1,141,273
+200,620
| +21% | +$13.8M |
|
562
Takeda Pharmaceutical
TAK
$58.2B
| $63.3M | 0.04% |
3,839,982
+1,601,601
| +72% | +$25.5M |
|
563
Charter Communications
CHTR
$17.9B
| $63.2M | 0.04% |
176,803
-115,528
| -40% | -$43.2M |
|
564
Dow Inc
DOW
$22.7B
| $63.2M | 0.04% |
1,153,050
+943,138
| +449% | +$53.1M |
|
565
CALL
Elevance Health
ELV
$87.3B
| $63.1M | 0.04% |
137,300
-66,000
| -32% | -$31.4M |
|
|
AVDX
566
DELISTED
AvidXchange
AVDX
| $63.1M | 0.04% |
8,088,567
+229,815
| +3% | +$2.21M |
|
567
Avery Dennison
AVY
$13.9B
| $63.1M | 0.04% |
352,467
+29,300
| +9% | +$5.32M |
|
|
NATI
568
DELISTED
National Instruments Corp
NATI
| $62.9M | 0.04% |
1,200,666
-274,822
| -19% | -$13.8M |
|
569
Sea Limited
SE
$71B
| $62.9M | 0.04% |
727,022
+715,508
| +6,214% | +$48.9M |
|
|
HCP
570
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $62.9M | 0.04% |
2,148,159
+699,626
| +48% | +$20.9M |
|
571
Pultegroup
PHM
$24.8B
| $62.9M | 0.04% |
1,079,103
-215,784
| -17% | -$11.7M |
|
572
Southwest Airlines
LUV
$19.9B
| $61.9M | 0.04% |
1,902,664
-2,013,254
| -51% | -$68.5M |
|
573
Chipotle Mexican Grill
CMG
$47.9B
| $61.9M | 0.04% |
1,810,650
-3,216,950
| -64% | -$101M |
|
574
Celsius Holdings
CELH
$8.81B
| $61.8M | 0.04% |
1,996,266
+1,955,799
| +4,833% | +$61.7M |
|
575
Freeport-McMoran
FCX
$111B
| $61.8M | 0.04% |
1,511,575
+306,018
| +25% | +$12.7M |
|
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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.