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 | |
|---|---|---|---|---|---|---|
601
State Street Financial Select Sector SPDR ETF
XLF
$56.7B
| $58M | 0.03% |
1,803,708
+651,921
| +57% | +$22.7M |
|
|
PDCE
602
DELISTED
PDC Energy, Inc.
PDCE
| $57.8M | 0.03% |
901,025
+17,347
| +2% | +$1.12M |
|
603
United Therapeutics
UTHR
$22B
| $57.7M | 0.03% |
257,841
-250,432
| -49% | -$61.7M |
|
604
Teladoc Health
TDOC
$1.13B
| $57.7M | 0.03% |
2,228,244
-492,031
| -18% | -$13.2M |
|
605
D.R. Horton
DHI
$41.7B
| $57.6M | 0.03% |
589,775
+477,099
| +423% | +$45.5M |
|
606
Bio-Techne
TECH
$11.3B
| $57.6M | 0.03% |
775,953
+426,107
| +122% | +$32.8M |
|
607
Neurocrine Biosciences
NBIX
$15.6B
| $57.5M | 0.03% |
568,275
-272,065
| -32% | -$28.3M |
|
608
CALL
Honeywell
HON
$68B
| $57.5M | 0.03% |
319,255
-252,518
| -44% | -$47.5M |
|
609
Blackstone
BX
$108B
| $57.4M | 0.03% |
653,239
+66,219
| +11% | +$5.85M |
|
610
M&T Bank
MTB
$34.9B
| $57.4M | 0.03% |
479,746
+388,048
| +423% | +$56.3M |
|
|
DAY
611
DELISTED
Dayforce
DAY
| $57.3M | 0.03% |
782,982
-321,527
| -29% | -$22.8M |
|
612
PTC
PTC
$16.7B
| $57.2M | 0.03% |
445,692
+68,827
| +18% | +$8.75M |
|
|
ATVI
613
CALL
DELISTED
Activision Blizzard
ATVI
| $57M | 0.03% |
665,700
-205,400
| -24% | -$16M |
|
614
Datadog
DDOG
$81B
| $56.9M | 0.03% |
783,335
-116,248
| -13% | -$8.53M |
|
615
Travelers Companies
TRV
$77.3B
| $56.8M | 0.03% |
331,463
+298,530
| +906% | +$54.3M |
|
616
CALL
iShares MSCI Brazil ETF
EWZ
$8.07B
| $56.7M | 0.03% |
2,069,900
+1,669,900
| +417% | +$46.8M |
|
617
Keurig Dr Pepper
KDP
$44.2B
| $56.7M | 0.03% |
1,606,316
-3,074,388
| -66% | -$108M |
|
618
Under Armour
UAA
$2.31B
| $56.7M | 0.03% |
5,970,424
+2,445,167
| +69% | +$25.4M |
|
619
CALL
Danaher
DHR
$151B
| $56.4M | 0.03% |
252,446
+153,746
| +156% | +$35M |
|
620
CALL
General Motors
GM
$76.3B
| $56.4M | 0.03% |
1,536,500
+247,900
| +19% | +$9.37M |
|
|
CMA
621
DELISTED
Comerica
CMA
| $56.2M | 0.03% |
1,293,408
-223,700
| -15% | -$14.3M |
|
622
Penumbra
PEN
$12.8B
| $56.1M | 0.03% |
201,140
+2,784
| +1% | +$711K |
|
623
InMode
INMD
$869M
| $56M | 0.03% |
1,753,631
-163,080
| -9% | -$5.58M |
|
624
Alexandria Real Estate Equities
ARE
$9.3B
| $55.8M | 0.03% |
444,678
+336,931
| +313% | +$49.5M |
|
625
PepsiCo
PEP
$197B
| $55.6M | 0.03% |
304,953
-15,385
| -5% | -$2.69M |
|
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.