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
|
+$517M |
| 2 |
NXP Semiconductors
NXPI
|
+$351M |
| 3 |
Oracle
ORCL
|
+$279M |
| 4 |
Palo Alto Networks
PANW
|
+$268M |
| 5 |
Boston Scientific
BSX
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CERN
Cerner Corp
CERN
|
+$517M |
| 2 |
ExxonMobil
XOM
|
+$385M |
| 3 |
Cenovus Energy
CVE
|
+$292M |
| 4 |
PLAN
Anaplan, Inc.
PLAN
|
+$236M |
| 5 |
Phillips 66
PSX
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.76% |
| 2 | Financials | 7.66% |
| 3 | Healthcare | 7.12% |
| 4 | Industrials | 5.11% |
| 5 | Consumer Discretionary | 4.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $288M | 0.18% |
9,170,000
+4,664,100
| +104% | +$161M |
|
52
PUT
Chevron
CVX
$403B
| $285M | 0.18% |
1,969,000
-1,442,900
| -42% | -$239M |
|
53
Abbott
ABT
$202B
| $282M | 0.17% |
2,593,595
+23,869
| +0.9% | +$2.71M |
|
54
Microsoft
MSFT
$3.59T
| $281M | 0.17% |
1,093,577
+122,978
| +13% | +$33.4M |
|
55
Cigna
CI
$73.3B
| $280M | 0.17% |
1,062,496
+146,238
| +16% | +$37.7M |
|
56
PUT
United Airlines
UAL
$36.7B
| $278M | 0.17% |
7,848,700
+1,452,000
| +23% | +$63.7M |
|
|
57
Palo Alto Networks
PANW
$292B
| $278M | 0.17% |
3,374,502
+3,027,822
| +873% | +$268M |
|
58
PUT
JPMorgan Chase
JPM
$935B
| $276M | 0.17% |
2,446,600
-1,590,000
| -39% | -$197M |
|
59
McKesson
MCK
$100B
| $272M | 0.17% |
832,953
+159,458
| +24% | +$51M |
|
60
Merck
MRK
$376B
| $272M | 0.17% |
2,978,254
+146,148
| +5% | +$13M |
|
61
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $265M | 0.16% |
3,567,700
-672,700
| -16% | -$50.5M |
|
62
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $257M | 0.16% |
2,150,300
+339,100
| +19% | +$47.6M |
|
63
PUT
Walmart Inc
WMT
$825B
| $256M | 0.16% |
6,310,500
-516,600
| -8% | -$23.8M |
|
64
Wells Fargo
WFC
$254B
| $255M | 0.16% |
6,518,363
+1,918,058
| +42% | +$84.2M |
|
65
PUT
IBM
IBM
$222B
| $253M | 0.16% |
1,777,100
-390,100
| -18% | -$52.7M |
|
66
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $250M | 0.16% |
2,867,800
+1,385,400
| +93% | +$131M |
|
67
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $244M | 0.15% |
6,073,200
+2,216,700
| +57% | +$93M |
|
68
PUT
Bank of America
BAC
$431B
| $243M | 0.15% |
7,819,800
-343,300
| -4% | -$12.4M |
|
69
PUT
Micron Technology
MU
$1.09T
| $236M | 0.15% |
4,271,600
-1,336,800
| -24% | -$90.8M |
|
|
70
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $234M | 0.15% |
2,680,800
+143,500
| +6% | +$13.5M |
|
71
Gartner
IT
$12.4B
| $233M | 0.14% |
963,565
+544,479
| +130% | +$145M |
|
72
PUT
Union Pacific
UNP
$183B
| $230M | 0.14% |
1,079,200
-128,000
| -11% | -$29.1M |
|
73
FedEx
FDX
$76.9B
| $227M | 0.14% |
1,000,642
+121,300
| +14% | +$25.9M |
|
74
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $221M | 0.14% |
1,723,700
-387,800
| -18% | -$50.8M |
|
75
PUT
ConocoPhillips
COP
$162B
| $220M | 0.14% |
2,450,300
+97,000
| +4% | +$9.99M |
|
Similar funds
Israel Englander's Q2 2022 Portfolio in Review
As of Q2 2022, Israel Englander held 7,971 positions worth $161B, down 15% from $189B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Israel Englander deployed $7.94B of net new capital in Q2 2022, opening 1,144 new positions and adding to 2,588 existing holdings. Its largest new stake was M&T Bank: 828,809 shares worth $132M.
By sector, the portfolio is most concentrated in Technology at 7.8% of assets, up from 7.2% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was ExxonMobil, an estimated $385M trimmed.
- Israel Englander's largest Q2 2022 buy was M&T Bank: 828,809 shares worth $132M.
- Israel Englander added most to Invesco QQQ Trust in Q2 2022, an estimated $517M increase.
- Israel Englander's biggest Q2 2022 reduction was ExxonMobil, cutting an estimated $385M.
- Israel Englander fully exited Cerner Corp in Q2 2022, selling an estimated $517M.
- Israel Englander's ten largest holdings make up 23% of its $161B portfolio in Q2 2022.
- Israel Englander opened 1,144 new positions and closed 1,065 in Q2 2022.
- Israel Englander's portfolio value fell 15% quarter-over-quarter to $161B.
Based on Millennium Management's 13F filing for Q2 2022, filed 15 Aug 2022.