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
|
+$4.37B |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$488M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$449M |
| 4 |
Apple
AAPL
|
+$402M |
| 5 |
HES
Hess
HES
|
+$377M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.47B |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$1.44B |
| 3 |
NVIDIA
NVDA
|
+$783M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$722M |
| 5 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$650M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.34% |
| 2 | Healthcare | 6.09% |
| 3 | Financials | 5% |
| 4 | Consumer Discretionary | 4.53% |
| 5 | Industrials | 4.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
ICICI Bank
IBN
$107B
| $57.4M | 0.02% |
2,406,851
+2,036,108
| +549% | +$46.9M |
|
702
Shoals Technologies Group
SHLS
$1.19B
| $57.2M | 0.02% |
3,680,093
+2,419,633
| +192% | +$36.6M |
|
703
Charter Communications
CHTR
$17.9B
| $57.1M | 0.02% |
146,989
+92,964
| +172% | +$37.9M |
|
704
CALL
Elevance Health
ELV
$86.9B
| $57M | 0.02% |
120,900
+40,400
| +50% | +$18.7M |
|
705
Comfort Systems
FIX
$58.3B
| $57M | 0.02% |
277,011
+212,268
| +328% | +$39.2M |
|
706
Noble Corp
NE
$7.39B
| $56.7M | 0.02% |
1,177,838
-203,198
| -15% | -$9.5M |
|
|
707
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.8B
| $56.6M | 0.02% |
150,200
-583,700
| -80% | -$204M |
|
708
CALL
Becton Dickinson
BDX
$52.3B
| $56.6M | 0.02% |
232,000
+27,500
| +13% | +$6.78M |
|
709
APA Corp
APA
$15.2B
| $56.5M | 0.02% |
1,573,463
+330,743
| +27% | +$12.5M |
|
710
CALL
argenx
ARGX
$65B
| $56.5M | 0.02% |
+148,400
| New | +$69.1M |
|
711
Ingredion
INGR
$6.74B
| $56.3M | 0.02% |
518,974
+410,349
| +378% | +$41.2M |
|
712
NVR
NVR
$16.9B
| $56.2M | 0.02% |
8,030
+291
| +4% | +$1.79M |
|
713
Travelers Companies
TRV
$75.8B
| $56.1M | 0.02% |
294,670
-908,875
| -76% | -$157M |
|
714
Delta Air Lines
DAL
$54.2B
| $56.1M | 0.02% |
1,395,217
-815,150
| -37% | -$29.6M |
|
715
Emerson Electric
EMR
$87.7B
| $56.1M | 0.02% |
576,615
-985,983
| -63% | -$90.3M |
|
|
CFLT
716
DELISTED
Confluent
CFLT
| $56M | 0.02% |
2,393,454
+1,265,952
| +112% | +$30.6M |
|
717
Alexandria Real Estate Equities
ARE
$9.21B
| $55.9M | 0.02% |
441,303
+7,979
| +2% | +$859K |
|
718
CALL
SLB Ltd
SLB
$79.9B
| $55.9M | 0.02% |
1,074,200
+284,200
| +36% | +$15.4M |
|
719
Flex
FLEX
$40.8B
| $55.8M | 0.02% |
2,432,652
+283,000
| +13% | +$5.66M |
|
720
Lennox International
LII
$13.9B
| $55.7M | 0.02% |
124,439
-94,587
| -43% | -$37.7M |
|
721
Citizens Financial Group
CFG
$29.4B
| $55.7M | 0.02% |
1,679,323
-41,058
| -2% | -$1.13M |
|
722
Morgan Stanley
MS
$336B
| $55.6M | 0.02% |
596,472
-860,386
| -59% | -$68.8M |
|
723
Acadia Pharmaceuticals
ACAD
$5.08B
| $55.3M | 0.02% |
1,764,678
-648,786
| -27% | -$15.5M |
|
|
SUM
724
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $54.9M | 0.02% |
1,428,063
+863,613
| +153% | +$29.9M |
|
725
Baker Hughes
BKR
$61.9B
| $54.7M | 0.02% |
1,599,576
-1,915,072
| -54% | -$65.3M |
|
Similar funds
Israel Englander's Q4 2023 Portfolio in Review
As of Q4 2023, Israel Englander held 6,891 positions worth $231B, up 17% from $198B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Israel Englander deployed $7.99B of net new capital in Q4 2023, opening 816 new positions and adding to 2,304 existing holdings. Its largest new stake was Ferguson: 906,589 shares worth $175M.
By sector, the portfolio is most concentrated in Technology at 8.3% of assets, down from 9.2% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $2.47B trimmed.
- Israel Englander's largest Q4 2023 buy was Ferguson: 906,589 shares worth $175M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q4 2023, an estimated $4.37B increase.
- Israel Englander's biggest Q4 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.47B.
- Israel Englander fully exited Activision Blizzard in Q4 2023, selling an estimated $1.44B.
- Israel Englander's ten largest holdings make up 21% of its $231B portfolio in Q4 2023.
- Israel Englander opened 816 new positions and closed 883 in Q4 2023.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $231B.
Based on Millennium Management's 13F filing for Q4 2023, filed 14 Feb 2024.