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 |
Linde
LIN
|
+$374M |
| 2 |
AT&T
T
|
+$293M |
| 3 |
NVIDIA
NVDA
|
+$291M |
| 4 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$283M |
| 5 |
Williams Companies
WMB
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.09B |
| 2 |
Lam Research
LRCX
|
+$351M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$330M |
| 4 |
Apple
AAPL
|
+$328M |
| 5 |
Boeing
BA
|
+$292M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.38% |
| 2 | Healthcare | 7.98% |
| 3 | Financials | 6.14% |
| 4 | Consumer Discretionary | 5.62% |
| 5 | Industrials | 5.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Colgate-Palmolive
CL
$72.6B
| $329M | 0.19% |
4,380,765
+35,943
| +0.8% | +$2.67M |
|
52
PUT
Occidental Petroleum
OXY
$61.3B
| $327M | 0.19% |
5,242,300
-117,800
| -2% | -$7.32M |
|
53
CALL
ExxonMobil
XOM
$679B
| $325M | 0.19% |
2,964,100
+375,000
| +14% | +$41.5M |
|
54
PUT
Home Depot
HD
$335B
| $324M | 0.19% |
1,097,000
-1,272,100
| -54% | -$390M |
|
55
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $323M | 0.19% |
4,318,600
+1,137,200
| +36% | +$81.5M |
|
56
PUT
VanEck Oil Services ETF
OIH
$1.95B
| $323M | 0.19% |
1,164,700
-20,500
| -2% | -$6.27M |
|
57
Salesforce
CRM
$171B
| $319M | 0.18% |
1,594,663
-1,465,538
| -48% | -$248M |
|
58
TE Connectivity
TEL
$58.9B
| $318M | 0.18% |
2,427,969
+1,140,026
| +89% | +$144M |
|
59
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $315M | 0.18% |
947,900
-300,000
| -24% | -$99.7M |
|
60
Wells Fargo
WFC
$254B
| $313M | 0.18% |
8,365,433
+5,655,369
| +209% | +$246M |
|
61
DexCom
DXCM
$34.8B
| $311M | 0.18% |
2,674,794
-1,215,855
| -31% | -$136M |
|
62
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $307M | 0.18% |
750,413
-403,161
| -35% | -$161M |
|
63
McKesson
MCK
$100B
| $307M | 0.18% |
862,547
-11,544
| -1% | -$4.17M |
|
|
64
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $307M | 0.18% |
7,402,772
+6,619,372
| +845% | +$283M |
|
65
Western Digital
WDC
$166B
| $305M | 0.18% |
10,716,882
+6,605,226
| +161% | +$194M |
|
66
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $305M | 0.17% |
2,354,260
+932,558
| +66% | +$122M |
|
67
PUT
Goldman Sachs
GS
$303B
| $304M | 0.17% |
929,500
+230,700
| +33% | +$80.3M |
|
68
Walmart Inc
WMT
$825B
| $303M | 0.17% |
6,168,645
+5,554,635
| +905% | +$264M |
|
69
LPL Financial
LPLA
$28.5B
| $301M | 0.17% |
1,487,641
+753,938
| +103% | +$172M |
|
70
Becton Dickinson
BDX
$52.3B
| $300M | 0.17% |
1,210,221
+466,266
| +63% | +$114M |
|
71
CALL
Broadcom
AVGO
$1.75T
| $296M | 0.17% |
4,616,000
-118,000
| -2% | -$7.1M |
|
|
72
Williams Companies
WMB
$86.2B
| $295M | 0.17% |
9,895,930
+8,874,174
| +869% | +$274M |
|
73
Humana
HUM
$45.5B
| $289M | 0.17% |
594,907
+260,269
| +78% | +$129M |
|
74
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $279M | 0.16% |
3,699,200
-3,314,000
| -47% | -$228M |
|
|
75
PUT
Boeing
BA
$169B
| $278M | 0.16% |
1,310,000
-100,000
| -7% | -$20.8M |
|
Similar funds
Israel Englander's Q1 2023 Portfolio in Review
As of Q1 2023, Israel Englander held 7,511 positions worth $174B, down 3.5% from $181B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Israel Englander withdrew a net $18.1B in Q1 2023, closing 1,206 positions and reducing 2,570 holdings. Its most notable exit was Apollo Global Management, an estimated $112M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.4% of assets, up from 8.2% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in Warner Bros worth $96.9M.
- Israel Englander's largest Q1 2023 buy was Warner Bros: 6,417,147 shares worth $96.9M.
- Israel Englander added most to Linde in Q1 2023, an estimated $374M increase.
- Israel Englander's biggest Q1 2023 reduction was Invesco QQQ Trust, cutting an estimated $1.09B.
- Israel Englander fully exited Apollo Global Management in Q1 2023, selling an estimated $112M.
- Israel Englander's ten largest holdings make up 25% of its $174B portfolio in Q1 2023.
- Israel Englander opened 987 new positions and closed 1,206 in Q1 2023.
- Israel Englander's portfolio value fell 3.5% quarter-over-quarter to $174B.
Based on Millennium Management's 13F filing for Q1 2023, filed 15 May 2023.