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
|
+$3.7B |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$907M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$644M |
| 4 |
NVIDIA
NVDA
|
+$440M |
| 5 |
CRH
CRH
|
+$429M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$689M |
| 2 |
Home Depot
HD
|
+$377M |
| 3 |
Cigna
CI
|
+$322M |
| 4 |
Valero Energy
VLO
|
+$250M |
| 5 |
Amphenol
APH
|
+$242M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.23% |
| 2 | Healthcare | 7.6% |
| 3 | Financials | 5.15% |
| 4 | Consumer Discretionary | 5.03% |
| 5 | Industrials | 4.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $410M | 0.21% |
5,555,200
+4,500,700
| +427% | +$336M |
|
52
CALL
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $405M | 0.2% |
4,935,200
+3,873,600
| +365% | +$332M |
|
53
PUT
Boeing
BA
$169B
| $403M | 0.2% |
2,101,100
+627,900
| +43% | +$137M |
|
54
Advanced Micro Devices
AMD
$773B
| $385M | 0.19% |
3,743,724
+2,657,423
| +245% | +$288M |
|
55
Coca-Cola
KO
$392B
| $384M | 0.19% |
6,860,349
+2,378,496
| +53% | +$143M |
|
56
FedEx
FDX
$76.9B
| $383M | 0.19% |
1,445,373
+537,823
| +59% | +$140M |
|
57
CALL
ExxonMobil
XOM
$679B
| $379M | 0.19% |
3,221,100
+277,600
| +9% | +$30.4M |
|
58
PUT
ConocoPhillips
COP
$162B
| $369M | 0.19% |
3,083,400
+590,600
| +24% | +$68.6M |
|
59
Colgate-Palmolive
CL
$72.6B
| $369M | 0.19% |
5,191,405
+1,260,780
| +32% | +$94.3M |
|
60
Danaher
DHR
$154B
| $367M | 0.19% |
1,670,153
+585,874
| +54% | +$131M |
|
61
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $365M | 0.18% |
8,739,400
-2,592,700
| -23% | -$116M |
|
62
Micron Technology
MU
$1.09T
| $359M | 0.18% |
5,271,165
+3,335,302
| +172% | +$223M |
|
63
Wells Fargo
WFC
$254B
| $357M | 0.18% |
8,745,251
+3,795,051
| +77% | +$164M |
|
|
PXD
64
DELISTED
Pioneer Natural Resource Co.
PXD
| $354M | 0.18% |
1,540,732
+742,069
| +93% | +$169M |
|
65
Merck
MRK
$376B
| $352M | 0.18% |
3,420,470
+3,372,609
| +7,047% | +$364M |
|
|
66
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $347M | 0.18% |
4,706,300
+753,500
| +19% | +$56.3M |
|
|
67
CALL
NVIDIA
NVDA
$5.2T
| $338M | 0.17% |
7,775,000
-3,715,000
| -32% | -$166M |
|
68
PUT
UnitedHealth
UNH
$350B
| $335M | 0.17% |
665,400
+72,000
| +12% | +$35.4M |
|
|
69
PUT
Wells Fargo
WFC
$254B
| $335M | 0.17% |
8,191,600
+56,700
| +0.7% | +$2.45M |
|
70
PUT
Qualcomm
QCOM
$169B
| $326M | 0.16% |
2,936,500
+1,550,600
| +112% | +$180M |
|
71
PUT
Occidental Petroleum
OXY
$61.3B
| $320M | 0.16% |
4,933,100
+32,900
| +0.7% | +$2.07M |
|
72
Walt Disney
DIS
$186B
| $318M | 0.16% |
3,929,158
+2,963,518
| +307% | +$253M |
|
73
McKesson
MCK
$100B
| $316M | 0.16% |
727,311
+30,970
| +4% | +$13.1M |
|
74
CALL
Chevron
CVX
$403B
| $314M | 0.16% |
1,861,100
+659,200
| +55% | +$106M |
|
75
Citigroup
C
$221B
| $311M | 0.16% |
7,563,647
+5,475,084
| +262% | +$240M |
|
Similar funds
Israel Englander's Q3 2023 Portfolio in Review
As of Q3 2023, Israel Englander held 6,895 positions worth $198B, down 2.3% from $203B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Israel Englander's Q3 2023 filing shows 836 new, 2,326 increased, 2,312 reduced and 834 closed positions. Its largest new stake was Mobileye: 2,953,164 shares worth $123M. The largest sale was iShares Core S&P 500 ETF, an estimated $689M.
By sector, the portfolio is most concentrated in Technology at 9.2% of assets, up from 8.4% a quarter earlier, followed by Healthcare and Financials.
- Israel Englander's largest Q3 2023 buy was Mobileye: 2,953,164 shares worth $123M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q3 2023, an estimated $3.7B increase.
- Israel Englander's biggest Q3 2023 reduction was iShares Core S&P 500 ETF, cutting an estimated $689M.
- Israel Englander fully exited Blackstone in Q3 2023, selling an estimated $178M.
- Israel Englander's ten largest holdings make up 21% of its $198B portfolio in Q3 2023.
- Israel Englander opened 836 new positions and closed 834 in Q3 2023.
- Israel Englander's portfolio value fell 2.3% quarter-over-quarter to $198B.
Based on Millennium Management's 13F filing for Q3 2023, filed 14 Nov 2023.