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 | |
|---|---|---|---|---|---|---|
576
CALL
Micron Technology
MU
$1.03T
| $61.7M | 0.04% |
1,023,000
-726,500
| -42% | -$42.6M |
|
577
PUT
Cigna
CI
$74.1B
| $61.7M | 0.04% |
241,500
-600,800
| -71% | -$175M |
|
578
Casey's General Stores
CASY
$31.6B
| $61.3M | 0.04% |
283,231
+111,533
| +65% | +$24.4M |
|
579
PUT
Oracle
ORCL
$410B
| $61.2M | 0.04% |
658,700
+132,000
| +25% | +$11.6M |
|
580
New York Times
NYT
$10.9B
| $60.9M | 0.03% |
1,567,277
-215,408
| -12% | -$7.94M |
|
|
ESMT
581
DELISTED
EngageSmart, Inc.
ESMT
| $60.7M | 0.03% |
3,152,142
+687,742
| +28% | +$13.3M |
|
582
Williams-Sonoma
WSM
$28B
| $60.5M | 0.03% |
993,908
+468,176
| +89% | +$29.2M |
|
583
CALL
Kraft Heinz
KHC
$30.4B
| $60.3M | 0.03% |
1,559,100
+148,600
| +11% | +$5.88M |
|
584
CALL
Lowe's Companies
LOW
$122B
| $60.1M | 0.03% |
300,600
-342,100
| -53% | -$69.5M |
|
585
Wayfair
W
$14.1B
| $60M | 0.03% |
1,747,689
+1,496,734
| +596% | +$66.3M |
|
586
PUT
Becton Dickinson
BDX
$51.9B
| $59.9M | 0.03% |
440,900
-165,100
| -27% | -$40.4M |
|
587
Patterson-UTI
PTEN
$4.52B
| $59.7M | 0.03% |
5,101,489
-208,994
| -4% | -$3.05M |
|
588
Envista
NVST
$4.39B
| $59.6M | 0.03% |
1,458,849
+335,086
| +30% | +$12.7M |
|
589
Petrobras
PBR
$120B
| $59.6M | 0.03% |
5,711,763
+3,116,063
| +120% | +$33.9M |
|
590
PUT
MetLife
MET
$61.1B
| $59.1M | 0.03% |
1,019,600
-87,500
| -8% | -$5.91M |
|
591
Wabtec
WAB
$50.3B
| $58.8M | 0.03% |
582,105
+103,149
| +22% | +$10.5M |
|
592
CenterPoint Energy
CNP
$25.8B
| $58.8M | 0.03% |
1,996,636
+1,944,328
| +3,717% | +$56.8M |
|
593
CALL
CVS Health
CVS
$120B
| $58.8M | 0.03% |
791,500
-386,900
| -33% | -$32.4M |
|
|
AQUA
594
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $58.7M | 0.03% |
1,181,480
+1,106,628
| +1,478% | +$51.7M |
|
595
PUT
American Airlines Group
AAL
$9.02B
| $58.7M | 0.03% |
3,980,000
-2,209,700
| -36% | -$34.4M |
|
|
ERF
596
DELISTED
Enerplus Corporation
ERF
| $58.7M | 0.03% |
4,073,000
+1,695,944
| +71% | +$27.3M |
|
597
BioNTech
BNTX
$28.4B
| $58.7M | 0.03% |
470,876
+348,853
| +286% | +$47.9M |
|
598
Liberty Energy
LBRT
$3.01B
| $58.6M | 0.03% |
4,572,085
+1,557,400
| +52% | +$23M |
|
599
Exponent
EXPO
$3.37B
| $58.2M | 0.03% |
584,165
+563,958
| +2,791% | +$57.4M |
|
600
MSCI
MSCI
$41.5B
| $58.2M | 0.03% |
103,904
-96,777
| -48% | -$51.2M |
|
Similar funds
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.