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 |
Invesco QQQ Trust
QQQ
|
+$917M |
| 2 |
Salesforce
CRM
|
+$378M |
| 3 |
Boeing
BA
|
+$297M |
| 4 |
DexCom
DXCM
|
+$292M |
| 5 |
Amazon
AMZN
|
+$267M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DRE
Duke Realty Corp.
DRE
|
+$779M |
| 2 |
Chevron
CVX
|
+$569M |
| 3 |
Home Depot
HD
|
+$292M |
| 4 |
PepsiCo
PEP
|
+$259M |
| 5 |
Chubb
CB
|
+$248M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.23% |
| 2 | Healthcare | 7.53% |
| 3 | Financials | 7.5% |
| 4 | Industrials | 5.83% |
| 5 | Consumer Discretionary | 5.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
676
SolarEdge
SEDG
$1.9B
| $57.6M | 0.03% |
203,411
+62,305
| +44% | +$16.5M |
|
677
Keysight
KEYS
$53.8B
| $57.5M | 0.03% |
336,342
-467,409
| -58% | -$79.7M |
|
678
CALL
Kraft Heinz
KHC
$30.3B
| $57.4M | 0.03% |
1,410,500
+467,600
| +50% | +$17.8M |
|
679
CALL
KLA
KLAC
$240B
| $57.4M | 0.03% |
1,522,000
+1,416,000
| +1,336% | +$49.3M |
|
680
Azenta
AZTA
$1.64B
| $57.3M | 0.03% |
983,429
+910,250
| +1,244% | +$46.6M |
|
681
Paycom
PAYC
$10.3B
| $57.2M | 0.03% |
184,473
+44,845
| +32% | +$14.5M |
|
|
682
CALL
Boeing
BA
$169B
| $57.2M | 0.03% |
300,400
-579,400
| -66% | -$94.8M |
|
683
PUT
United Rentals
URI
$68.4B
| $57M | 0.03% |
160,300
+53,300
| +50% | +$17.5M |
|
684
Gaming and Leisure Properties
GLPI
$12.7B
| $56.9M | 0.03% |
1,092,807
+237,446
| +28% | +$11.8M |
|
685
PUT
Intel
INTC
$476B
| $56.7M | 0.03% |
2,143,500
-4,540,500
| -68% | -$126M |
|
686
Labcorp
LH
$27.3B
| $56.6M | 0.03% |
279,993
+196,156
| +234% | +$38.3M |
|
687
Bank OZK
OZK
$5.39B
| $56.5M | 0.03% |
1,409,391
+946,106
| +204% | +$40.6M |
|
688
Manhattan Associates
MANH
$12.5B
| $56.3M | 0.03% |
464,023
+164,204
| +55% | +$20.2M |
|
689
Arthur J. Gallagher & Co
AJG
$67.6B
| $56.3M | 0.03% |
298,472
+294,574
| +7,557% | +$55.1M |
|
|
PDCE
690
DELISTED
PDC Energy, Inc.
PDCE
| $56.1M | 0.03% |
883,678
+758,163
| +604% | +$52.9M |
|
691
OR Royalties Inc
OR
$6.76B
| $56M | 0.03% |
4,639,017
-2,436,994
| -34% | -$28.2M |
|
692
SS&C Technologies
SSNC
$19.5B
| $55.9M | 0.03% |
1,074,433
+920,725
| +599% | +$46.7M |
|
|
AVB
693
DELISTED
AvalonBay Communities
AVB
| $55.7M | 0.03% |
345,107
-196,127
| -36% | -$33.4M |
|
694
J.M. Smucker
SJM
$13.3B
| $55.6M | 0.03% |
350,850
-248,613
| -41% | -$37M |
|
695
CALL
Duke Energy
DUK
$93.4B
| $55.3M | 0.03% |
537,100
-12,100
| -2% | -$1.16M |
|
696
CALL
Oracle
ORCL
$422B
| $55.2M | 0.03% |
675,100
-40,900
| -6% | -$3.11M |
|
697
CALL
Ulta Beauty
ULTA
$22.4B
| $55.1M | 0.03% |
117,500
+78,500
| +201% | +$33.9M |
|
698
Xylem
XYL
$26.5B
| $55.1M | 0.03% |
498,143
+380,761
| +324% | +$39.9M |
|
699
CALL
Dollar General
DG
$27.2B
| $55M | 0.03% |
223,500
-100
| -0% | -$24.7K |
|
700
PUT
Eaton
ETN
$163B
| $55M | 0.03% |
350,400
+193,800
| +124% | +$29.7M |
|
Similar funds
Israel Englander's Q4 2022 Portfolio in Review
As of Q4 2022, Israel Englander held 7,859 positions worth $181B, up 6.9% from $169B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander's Q4 2022 filing shows 848 new, 2,516 increased, 2,491 reduced and 1,333 closed positions. Its largest new stake was Keurig Dr Pepper: 4,680,704 shares worth $167M. The largest sale was Duke Realty Corp., an estimated $779M.
By sector, the portfolio is most concentrated in Technology at 8.2% of assets, up from 7.9% a quarter earlier, followed by Healthcare and Financials.
- Israel Englander's largest Q4 2022 buy was Keurig Dr Pepper: 4,680,704 shares worth $167M.
- Israel Englander added most to Invesco QQQ Trust in Q4 2022, an estimated $917M increase.
- Israel Englander's biggest Q4 2022 reduction was Chevron, cutting an estimated $569M.
- Israel Englander fully exited Duke Realty Corp. in Q4 2022, selling an estimated $779M.
- Israel Englander's ten largest holdings make up 20% of its $181B portfolio in Q4 2022.
- Israel Englander opened 848 new positions and closed 1,333 in Q4 2022.
- Israel Englander's portfolio value rose 6.9% quarter-over-quarter to $181B.
Based on Millennium Management's 13F filing for Q4 2022, filed 14 Feb 2023.