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 |
iShares Bitcoin Trust
IBIT
|
+$651M |
| 2 |
Fidelity Wise Origin Bitcoin Fund
FBTC
|
+$622M |
| 3 |
Merck
MRK
|
+$496M |
| 4 |
Adobe
ADBE
|
+$446M |
| 5 |
CRH
CRH
|
+$410M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$4.33B |
| 2 |
Microsoft
MSFT
|
+$965M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$542M |
| 4 |
NVIDIA
NVDA
|
+$522M |
| 5 |
Linde
LIN
|
+$377M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.55% |
| 2 | Healthcare | 6.96% |
| 3 | Financials | 6.02% |
| 4 | Industrials | 5.05% |
| 5 | Consumer Discretionary | 4.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
PUT
ResMed
RMD
$33.5B
| $82M | 0.04% |
414,200
+364,200
| +728% | +$66.7M |
|
552
Norfolk Southern
NSC
$79B
| $81.9M | 0.04% |
321,400
-288,965
| -47% | -$71.5M |
|
553
Arch Capital
ACGL
$34.5B
| $81.6M | 0.03% |
883,046
+216,480
| +32% | +$18.3M |
|
554
Ingredion
INGR
$6.71B
| $81.5M | 0.03% |
697,369
+178,395
| +34% | +$20.1M |
|
555
Medtronic
MDT
$119B
| $81.2M | 0.03% |
931,610
-3,273,082
| -78% | -$279M |
|
556
Bio-Techne
TECH
$11.3B
| $80.9M | 0.03% |
1,149,485
+1,145,501
| +28,753% | +$82M |
|
557
Occidental Petroleum
OXY
$60B
| $80.8M | 0.03% |
1,243,907
+355,014
| +40% | +$21.2M |
|
558
Texas Instruments
TXN
$237B
| $80.6M | 0.03% |
462,878
-143,845
| -24% | -$24M |
|
559
PUT
iShares MSCI USA Momentum Factor ETF
MTUM
$24.4B
| $80.4M | 0.03% |
+429,200
| New | +$74.9M |
|
560
Wyndham Hotels & Resorts
WH
$5.49B
| $80M | 0.03% |
1,042,556
+302,897
| +41% | +$23.8M |
|
561
Equinix
EQIX
$104B
| $80M | 0.03% |
96,909
+57,515
| +146% | +$48.4M |
|
562
CALL
Chipotle Mexican Grill
CMG
$47.9B
| $79.4M | 0.03% |
1,365,000
+350,000
| +34% | +$17.9M |
|
563
PUT
Blackrock
BLK
$181B
| $79.3M | 0.03% |
95,100
+5,100
| +6% | +$4.1M |
|
564
CALL
Pinduoduo
PDD
$125B
| $79.2M | 0.03% |
681,400
+68,700
| +11% | +$9M |
|
565
Semtech
SMTC
$11.2B
| $79.2M | 0.03% |
2,880,572
+78,401
| +3% | +$1.67M |
|
566
Tenaris
TS
$26.9B
| $79M | 0.03% |
2,011,910
-621,478
| -24% | -$21.5M |
|
567
Archer Daniels Midland
ADM
$37.6B
| $78.8M | 0.03% |
1,255,156
-795,881
| -39% | -$46.7M |
|
568
PUT
Intuitive Surgical
ISRG
$133B
| $78.7M | 0.03% |
197,200
+60,000
| +44% | +$22.7M |
|
569
Boeing
BA
$166B
| $78.7M | 0.03% |
407,646
-152,008
| -27% | -$31.2M |
|
570
Jabil
JBL
$32.1B
| $78.6M | 0.03% |
586,628
+66,821
| +13% | +$8.97M |
|
571
Woodward
WWD
$19.6B
| $78.5M | 0.03% |
509,609
+125,848
| +33% | +$17.7M |
|
572
CALL
Uber
UBER
$161B
| $78.5M | 0.03% |
1,020,000
+72,600
| +8% | +$5.21M |
|
573
Owens Corning
OC
$11.6B
| $78.5M | 0.03% |
470,453
-22,733
| -5% | -$3.47M |
|
574
Zoom
ZM
$30.5B
| $78.3M | 0.03% |
1,197,664
-970,697
| -45% | -$64.7M |
|
575
Tradeweb Markets
TW
$22.8B
| $78.2M | 0.03% |
750,248
-36,364
| -5% | -$3.66M |
|
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Israel Englander's Q1 2024 Portfolio in Review
As of Q1 2024, Israel Englander held 6,887 positions worth $234B, up 1.3% from $231B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Israel Englander withdrew a net $25.1B in Q1 2024, closing 745 positions and reducing 2,484 holdings. Its most notable exit was Splunk Inc, an estimated $319M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.5% of assets, up from 8.3% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in iShares Bitcoin Trust worth $844M.
- Israel Englander's largest Q1 2024 buy was iShares Bitcoin Trust: 20,859,447 shares worth $844M.
- Israel Englander added most to Merck in Q1 2024, an estimated $496M increase.
- Israel Englander's biggest Q1 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $4.33B.
- Israel Englander fully exited Splunk Inc in Q1 2024, selling an estimated $319M.
- Israel Englander's ten largest holdings make up 17% of its $234B portfolio in Q1 2024.
- Israel Englander opened 858 new positions and closed 745 in Q1 2024.
- Israel Englander's portfolio value rose 1.3% quarter-over-quarter to $234B.
Based on Millennium Management's 13F filing for Q1 2024, filed 15 May 2024.