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 | |
|---|---|---|---|---|---|---|
576
Federated Hermes
FHI
$4.76B
| $59.3M | 0.04% |
1,790,514
+806,564
| +82% | +$27.5M |
|
577
CALL
VanEck Gold Miners ETF
GDX
$32B
| $59.2M | 0.04% |
2,454,500
+1,163,700
| +90% | +$29.4M |
|
578
PUT
Bank of Montreal
BMO
$122B
| $59.1M | 0.03% |
550,000
| – | – |
|
579
Icon
ICLR
$13.3B
| $58.9M | 0.03% |
320,398
-34,866
| -10% | -$7.59M |
|
580
Agnico Eagle Mines
AEM
$109B
| $58.6M | 0.03% |
1,388,478
+343,498
| +33% | +$14.7M |
|
581
Evolent Health
EVH
$536M
| $58.5M | 0.03% |
1,627,738
+283,735
| +21% | +$10M |
|
582
XPO
XPO
$23.2B
| $58.4M | 0.03% |
2,206,388
+2,016,586
| +1,062% | +$62.8M |
|
583
CALL
Eaton
ETN
$163B
| $58.1M | 0.03% |
435,400
+177,300
| +69% | +$24.8M |
|
584
MarketAxess Holdings
MKTX
$5.71B
| $58M | 0.03% |
260,884
+58,730
| +29% | +$15.1M |
|
585
CALL
Alphabet (Google) Class C
GOOG
$4.18T
| $58M | 0.03% |
602,800
+356,800
| +145% | +$39.8M |
|
586
Danaher
DHR
$154B
| $57.9M | 0.03% |
253,018
-271,408
| -52% | -$66.4M |
|
587
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.64B
| $57.9M | 0.03% |
1,607,571
+928,377
| +137% | +$38.9M |
|
|
ESMT
588
DELISTED
EngageSmart, Inc.
ESMT
| $57.7M | 0.03% |
2,790,743
+477,830
| +21% | +$9.36M |
|
589
Crown Castle
CCI
$32.1B
| $57.7M | 0.03% |
399,365
-620,451
| -61% | -$106M |
|
590
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $57.7M | 0.03% |
971,840
+276,938
| +40% | +$18.9M |
|
591
Spotify
SPOT
$110B
| $57.7M | 0.03% |
668,026
-50,476
| -7% | -$5.4M |
|
592
SBA Communications
SBAC
$19.4B
| $57.5M | 0.03% |
202,095
+140,684
| +229% | +$45.7M |
|
593
Tetra Tech
TTEK
$9.47B
| $57.5M | 0.03% |
2,236,205
-108,885
| -5% | -$3.05M |
|
594
Pinterest
PINS
$13.3B
| $57.5M | 0.03% |
2,465,800
+2,408,353
| +4,192% | +$52.8M |
|
595
Eastman Chemical
EMN
$8.47B
| $57.4M | 0.03% |
808,312
+160,968
| +25% | +$14.5M |
|
596
PUT
VanEck Semiconductor ETF
SMH
$66.4B
| $57.3M | 0.03% |
619,200
+374,600
| +153% | +$40.8M |
|
597
CALL
Valero Energy
VLO
$100B
| $57.3M | 0.03% |
536,300
-12,400
| -2% | -$1.36M |
|
598
PUT
Freeport-McMoran
FCX
$110B
| $57.3M | 0.03% |
2,096,100
-128,400
| -6% | -$3.76M |
|
599
CALL
US Bancorp
USB
$96.7B
| $57.3M | 0.03% |
1,420,200
+1,056,300
| +290% | +$48.9M |
|
600
PUT
Linde
LIN
$225B
| $57.2M | 0.03% |
210,700
+102,900
| +95% | +$29.6M |
|
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.