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
|
+$643M |
| 2 |
AT&T
T
|
+$311M |
| 3 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$306M |
| 4 |
Microsoft
MSFT
|
+$292M |
| 5 |
Ametek
AME
|
+$215M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$887M |
| 2 |
Apple
AAPL
|
+$694M |
| 3 |
PRAH
PRA Health Sciences, Inc.
PRAH
|
+$616M |
| 4 |
Amazon
AMZN
|
+$596M |
| 5 |
Linde
LIN
|
+$531M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.69% |
| 2 | Financials | 6.83% |
| 3 | Healthcare | 6.42% |
| 4 | Industrials | 4.98% |
| 5 | Consumer Discretionary | 4.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
UnitedHealth
UNH
$350B
| $343M | 0.21% |
876,730
+32,020
| +4% | +$13.3M |
|
52
Alibaba
BABA
$286B
| $338M | 0.2% |
2,279,894
-1,097,868
| -33% | -$200M |
|
53
Uber
UBER
$161B
| $334M | 0.2% |
7,463,350
+3,240,806
| +77% | +$142M |
|
54
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $331M | 0.2% |
8,806,300
+948,600
| +12% | +$35.5M |
|
55
Mastercard
MA
$509B
| $330M | 0.2% |
950,061
+550,539
| +138% | +$200M |
|
56
Salesforce
CRM
$171B
| $328M | 0.2% |
1,208,103
-177,313
| -13% | -$45M |
|
57
PUT
Workday
WDAY
$49.4B
| $327M | 0.2% |
1,309,900
+104,700
| +9% | +$25.9M |
|
|
58
Apple
AAPL
$4.51T
| $321M | 0.19% |
2,266,180
-4,713,490
| -68% | -$694M |
|
59
Morgan Stanley
MS
$336B
| $320M | 0.19% |
3,288,057
+261,948
| +9% | +$26M |
|
|
60
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $318M | 0.19% |
4,258,662
+3,965,174
| +1,351% | +$306M |
|
61
Meta Platforms (Facebook)
META
$1.4T
| $312M | 0.19% |
918,709
-725,299
| -44% | -$261M |
|
62
PUT
Qualcomm
QCOM
$169B
| $309M | 0.19% |
2,396,900
-532,300
| -18% | -$75.5M |
|
63
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $306M | 0.18% |
1,120,800
+152,200
| +16% | +$42.7M |
|
64
PUT
Walmart Inc
WMT
$825B
| $305M | 0.18% |
6,575,100
+490,500
| +8% | +$23.6M |
|
65
PUT
Bank of America
BAC
$431B
| $305M | 0.18% |
7,191,300
+1,367,700
| +23% | +$55.1M |
|
66
PUT
IBM
IBM
$222B
| $295M | 0.18% |
2,223,901
+684,398
| +44% | +$91.5M |
|
|
67
Ametek
AME
$54.9B
| $289M | 0.17% |
2,330,730
+1,596,903
| +218% | +$215M |
|
68
Willis Towers Watson
WTW
$31.8B
| $288M | 0.17% |
1,238,605
-13,692
| -1% | -$3.05M |
|
|
69
PUT
Morgan Stanley
MS
$336B
| $286M | 0.17% |
2,935,100
-260,100
| -8% | -$25.8M |
|
|
70
Walmart Inc
WMT
$825B
| $282M | 0.17% |
6,069,945
-1,910,532
| -24% | -$92M |
|
|
DOCU
71
PUT
DocuSign
DOCU
$11.8B
| $280M | 0.17% |
1,086,200
-222,200
| -17% | -$64M |
|
72
Labcorp
LH
$27.3B
| $274M | 0.16% |
1,134,262
+251,955
| +29% | +$63.5M |
|
73
PUT
General Motors
GM
$77.2B
| $271M | 0.16% |
5,138,200
+2,024,800
| +65% | +$108M |
|
|
74
Linde
LIN
$225B
| $269M | 0.16% |
918,584
-1,745,511
| -66% | -$531M |
|
75
Alphabet (Google) Class A
GOOGL
$4.22T
| $267M | 0.16% |
1,996,520
+122,520
| +7% | +$16.7M |
|
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Israel Englander's Q3 2021 Portfolio in Review
As of Q3 2021, Israel Englander held 7,698 positions worth $167B, up 2.3% from $163B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander deployed $8.65B of net new capital in Q3 2021, opening 1,245 new positions and adding to 2,719 existing holdings. Its largest new stake was Sight Sciences: 1,577,092 shares worth $35.8M.
By sector, the portfolio is most concentrated in Technology at 7.7% of assets, down from 8.2% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Apple, an estimated $694M trimmed.
- Israel Englander's largest Q3 2021 buy was Sight Sciences: 1,577,092 shares worth $35.8M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q3 2021, an estimated $643M increase.
- Israel Englander's biggest Q3 2021 reduction was Apple, cutting an estimated $694M.
- Israel Englander fully exited Alexion Pharmaceuticals in Q3 2021, selling an estimated $887M.
- Israel Englander's ten largest holdings make up 18% of its $167B portfolio in Q3 2021.
- Israel Englander opened 1,245 new positions and closed 981 in Q3 2021.
- Israel Englander's portfolio value rose 2.3% quarter-over-quarter to $167B.
Based on Millennium Management's 13F filing for Q3 2021, filed 15 Nov 2021.