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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.72B |
| 2 |
Apple
AAPL
|
+$1.98B |
| 3 |
Microsoft
MSFT
|
+$1.42B |
| 4 |
Alibaba
BABA
|
+$1.03B |
| 5 |
Amazon
AMZN
|
+$924M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Keurig Dr Pepper
KDP
|
+$173M |
| 2 |
FedEx
FDX
|
+$150M |
| 3 |
Oracle
ORCL
|
+$139M |
| 4 |
Linde
LIN
|
+$132M |
| 5 |
PayPal
PYPL
|
+$131M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 11.19% |
| 2 | Healthcare | 7.18% |
| 3 | Consumer Discretionary | 7.09% |
| 4 | Financials | 5.3% |
| 5 | Industrials | 4.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Danaher
DHR
$154B
| $340M | 0.25% |
1,725,328
+1,165,306
| +208% | +$234M |
|
52
Micron Technology
MU
$1.09T
| $336M | 0.24% |
4,475,617
+3,252,918
| +266% | +$196M |
|
53
Salesforce
CRM
$171B
| $324M | 0.23% |
1,454,562
+1,182,737
| +435% | +$288M |
|
54
PUT
Visa
V
$693B
| $319M | 0.23% |
1,456,500
+567,800
| +64% | +$116M |
|
55
PUT
Cisco
CSCO
$438B
| $315M | 0.23% |
7,030,500
+2,607,100
| +59% | +$107M |
|
|
XLNX
56
DELISTED
Xilinx Inc
XLNX
| $314M | 0.23% |
2,213,577
+1,590,896
| +255% | +$207M |
|
57
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $297M | 0.21% |
3,394,000
-544,000
| -14% | -$45.8M |
|
58
PUT
JPMorgan Chase
JPM
$935B
| $297M | 0.21% |
2,339,300
+1,062,000
| +83% | +$119M |
|
|
ALXN
59
DELISTED
Alexion Pharmaceuticals
ALXN
| $294M | 0.21% |
1,883,647
+1,641,582
| +678% | +$211M |
|
60
Willis Towers Watson
WTW
$31.8B
| $294M | 0.21% |
1,393,808
+137,112
| +11% | +$28.2M |
|
61
Advanced Micro Devices
AMD
$773B
| $283M | 0.2% |
3,087,168
+1,710,209
| +124% | +$148M |
|
62
Walmart Inc
WMT
$825B
| $283M | 0.2% |
5,881,992
+2,984,037
| +103% | +$145M |
|
63
Bank of America
BAC
$431B
| $282M | 0.2% |
9,290,841
+4,707,426
| +103% | +$126M |
|
64
CALL
Meta Platforms (Facebook)
META
$1.4T
| $278M | 0.2% |
1,016,100
-458,300
| -31% | -$126M |
|
65
Nike
NKE
$60.5B
| $277M | 0.2% |
1,957,533
+650,782
| +50% | +$86.2M |
|
66
PUT
Snap
SNAP
$8.86B
| $274M | 0.2% |
5,474,100
+5,414,600
| +9,100% | +$225M |
|
|
67
PUT
Alphabet (Google) Class C
GOOG
$4.18T
| $273M | 0.2% |
3,122,000
+1,026,000
| +49% | +$86.6M |
|
|
68
PUT
Bank of America
BAC
$431B
| $270M | 0.19% |
8,896,800
+6,075,900
| +215% | +$163M |
|
|
VAR
69
DELISTED
Varian Medical Systems, Inc.
VAR
| $268M | 0.19% |
1,534,026
+296,353
| +24% | +$51.4M |
|
70
Johnson & Johnson
JNJ
$651B
| $261M | 0.19% |
1,656,542
+1,539,427
| +1,314% | +$227M |
|
71
GE Aerospace
GE
$361B
| $259M | 0.19% |
4,818,923
+2,196,365
| +84% | +$98.4M |
|
72
Home Depot
HD
$335B
| $252M | 0.18% |
950,384
+554,360
| +140% | +$152M |
|
73
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $251M | 0.18% |
2,834,800
-1,364,900
| -32% | -$115M |
|
74
PUT
iShares Biotechnology ETF
IBB
$10.7B
| $247M | 0.18% |
1,629,400
+348,000
| +27% | +$49.7M |
|
|
MXIM
75
DELISTED
Maxim Integrated Products
MXIM
| $245M | 0.18% |
2,764,546
+1,624,074
| +142% | +$128M |
|
Similar funds
Israel Englander's Q4 2020 Portfolio in Review
As of Q4 2020, Israel Englander held 5,904 positions worth $138B, up 170,419% from $81.2M the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $45.7B of net new capital in Q4 2020, opening 1,518 new positions and adding to 1,899 existing holdings. Its largest new stake was Sotera Health: 2,269,458 shares worth $62.3M.
By sector, the portfolio is most concentrated in Technology at 11% of assets, up from 6.3% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Keurig Dr Pepper, an estimated $173M trimmed.
- Israel Englander's largest Q4 2020 buy was Sotera Health: 2,269,458 shares worth $62.3M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2020, an estimated $2.72B increase.
- Israel Englander's biggest Q4 2020 reduction was Keurig Dr Pepper, cutting an estimated $173M.
- Israel Englander fully exited Clover Health Investments in Q4 2020, selling an estimated $36.7M.
- Israel Englander's ten largest holdings make up 20% of its $138B portfolio in Q4 2020.
- Israel Englander opened 1,518 new positions and closed 754 in Q4 2020.
- Israel Englander's portfolio value rose 170,419% quarter-over-quarter to $138B.
Based on Millennium Management's 13F filing for Q4 2020, filed 16 Feb 2021.