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 Core S&P 500 ETF
IVV
|
+$1.38B |
| 2 |
Apple
AAPL
|
+$971M |
| 3 |
Tesla
TSLA
|
+$937M |
| 4 |
NVIDIA
NVDA
|
+$773M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$742M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$291M |
| 2 |
Willis Towers Watson
WTW
|
+$256M |
| 3 |
KSU
Kansas City Southern
KSU
|
+$227M |
| 4 |
Salesforce
CRM
|
+$225M |
| 5 |
Advanced Micro Devices
AMD
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.15% |
| 2 | Financials | 6.73% |
| 3 | Healthcare | 6.32% |
| 4 | Consumer Discretionary | 4.91% |
| 5 | Industrials | 4.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Applied Materials
AMAT
$386B
| $61.2M | 0.03% |
388,622
-49,780
| -11% | -$7.21M |
|
602
PG&E
PCG
$39.9B
| $61.1M | 0.03% |
5,036,795
+4,985,435
| +9,707% | +$58.4M |
|
603
Pinterest
PINS
$13.3B
| $61M | 0.03% |
1,679,117
+1,396,421
| +494% | +$62.1M |
|
604
East-West Bancorp
EWBC
$17.7B
| $60.9M | 0.03% |
774,321
+419,619
| +118% | +$33.7M |
|
605
CALL
Qualcomm
QCOM
$167B
| $60.7M | 0.03% |
332,200
+47,700
| +17% | +$7.64M |
|
606
SEI Investments
SEIC
$13.3B
| $60.7M | 0.03% |
995,701
+222,142
| +29% | +$13.8M |
|
607
PUT
Lockheed Martin
LMT
$130B
| $60.7M | 0.03% |
170,700
+88,800
| +108% | +$30.7M |
|
608
Ally Financial
ALLY
$13B
| $60.6M | 0.03% |
1,272,273
-241,509
| -16% | -$12M |
|
609
PUT
Southwest Airlines
LUV
$19.9B
| $60.5M | 0.03% |
1,412,500
+600,000
| +74% | +$28.2M |
|
610
Power Integrations
POWI
$2.98B
| $60.5M | 0.03% |
651,161
+319,143
| +96% | +$31.3M |
|
611
Royal Caribbean
RCL
$78.4B
| $60.4M | 0.03% |
785,855
+456,016
| +138% | +$37M |
|
612
Axalta
AXTA
$7.74B
| $60.4M | 0.03% |
1,824,068
+1,815,851
| +22,099% | +$57.6M |
|
613
PUT
iShares US Real Estate ETF
IYR
$4.66B
| $60.4M | 0.03% |
519,900
+284,900
| +121% | +$31.2M |
|
614
AES
AES
$10.5B
| $60.3M | 0.03% |
2,481,894
+1,468,823
| +145% | +$35.7M |
|
615
Pultegroup
PHM
$24.8B
| $60.1M | 0.03% |
1,051,793
-615,612
| -37% | -$31.6M |
|
616
CALL
United Parcel Service
UPS
$87.1B
| $60M | 0.03% |
279,700
-17,000
| -6% | -$3.46M |
|
617
Cardinal Health
CAH
$53.6B
| $59.9M | 0.03% |
1,162,901
-602,007
| -34% | -$29.5M |
|
618
PUT
Medtronic
MDT
$119B
| $59.8M | 0.03% |
578,400
+334,300
| +137% | +$38.7M |
|
619
Mattel
MAT
$4.25B
| $59.7M | 0.03% |
2,770,703
+2,421,221
| +693% | +$50.8M |
|
620
Extra Space Storage
EXR
$30.9B
| $59.6M | 0.03% |
263,044
-428,602
| -62% | -$84.9M |
|
621
Elevance Health
ELV
$87.3B
| $59.5M | 0.03% |
128,414
+70,275
| +121% | +$29.6M |
|
622
State Street SPDR S&P Biotech ETF
XBI
$11.5B
| $59.4M | 0.03% |
530,328
+201,276
| +61% | +$24.3M |
|
623
Franco-Nevada
FNV
$51.7B
| $59.3M | 0.03% |
428,489
+395,231
| +1,188% | +$54.6M |
|
624
PUT
Capital One
COF
$133B
| $59.2M | 0.03% |
408,000
+351,300
| +620% | +$54.3M |
|
625
PUT
American Express
AXP
$228B
| $59.1M | 0.03% |
361,500
+15,000
| +4% | +$2.56M |
|
Similar funds
Israel Englander's Q4 2021 Portfolio in Review
As of Q4 2021, Israel Englander held 7,926 positions worth $197B, up 18% from $167B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Israel Englander deployed $20.8B of net new capital in Q4 2021, opening 1,213 new positions and adding to 2,560 existing holdings. Its largest new stake was Comcast: 3,028,627 shares worth $152M.
By sector, the portfolio is most concentrated in Technology at 8.2% of assets, up from 7.7% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street Technology Select Sector SPDR ETF, an estimated $291M trimmed.
- Israel Englander's largest Q4 2021 buy was Comcast: 3,028,627 shares worth $152M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q4 2021, an estimated $1.38B increase.
- Israel Englander's biggest Q4 2021 reduction was State Street Technology Select Sector SPDR ETF, cutting an estimated $291M.
- Israel Englander fully exited Kansas City Southern in Q4 2021, selling an estimated $227M.
- Israel Englander's ten largest holdings make up 19% of its $197B portfolio in Q4 2021.
- Israel Englander opened 1,213 new positions and closed 1,231 in Q4 2021.
- Israel Englander's portfolio value rose 18% quarter-over-quarter to $197B.
Based on Millennium Management's 13F filing for Q4 2021, filed 14 Feb 2022.