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 |
iShares Core S&P 500 ETF
IVV
|
+$4.37B |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$488M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$449M |
| 4 |
Apple
AAPL
|
+$402M |
| 5 |
HES
Hess
HES
|
+$377M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.47B |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$1.44B |
| 3 |
NVIDIA
NVDA
|
+$783M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$722M |
| 5 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$650M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.34% |
| 2 | Healthcare | 6.09% |
| 3 | Financials | 5% |
| 4 | Consumer Discretionary | 4.53% |
| 5 | Industrials | 4.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $493M | 0.21% |
9,395,100
+655,700
| +8% | +$29.3M |
|
52
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $491M | 0.21% |
6,338,300
+783,100
| +14% | +$58.4M |
|
53
PUT
Bank of America
BAC
$431B
| $477M | 0.21% |
14,152,100
+7,382,100
| +109% | +$215M |
|
54
PUT
Chevron
CVX
$403B
| $451M | 0.19% |
3,020,500
+33,800
| +1% | +$5.11M |
|
55
Eli Lilly
LLY
$1.12T
| $440M | 0.19% |
754,708
-159,110
| -17% | -$92.9M |
|
|
HES
56
DELISTED
Hess
HES
| $433M | 0.19% |
3,004,797
+2,573,321
| +596% | +$377M |
|
57
PUT
Qualcomm
QCOM
$169B
| $428M | 0.19% |
2,957,700
+21,200
| +0.7% | +$2.63M |
|
58
PUT
Goldman Sachs
GS
$303B
| $419M | 0.18% |
1,087,100
+281,400
| +35% | +$93.9M |
|
59
CALL
Broadcom
AVGO
$1.75T
| $414M | 0.18% |
3,710,000
+942,000
| +34% | +$89.2M |
|
60
PUT
UnitedHealth
UNH
$350B
| $414M | 0.18% |
786,400
+121,000
| +18% | +$64.5M |
|
61
Intuitive Surgical
ISRG
$134B
| $413M | 0.18% |
1,223,539
+327,505
| +37% | +$97.6M |
|
62
Mastercard
MA
$509B
| $412M | 0.18% |
964,999
+585,207
| +154% | +$235M |
|
63
Cigna
CI
$73.3B
| $404M | 0.17% |
1,347,795
+1,228,867
| +1,033% | +$359M |
|
64
Salesforce
CRM
$171B
| $400M | 0.17% |
1,519,756
+533,187
| +54% | +$121M |
|
65
Cheniere Energy
LNG
$57.3B
| $399M | 0.17% |
2,338,292
+1,486,674
| +175% | +$255M |
|
66
Boston Scientific
BSX
$73B
| $397M | 0.17% |
7,368,279
-3,767,915
| -34% | -$201M |
|
67
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $392M | 0.17% |
10,424,200
+2,809,500
| +37% | +$97.3M |
|
68
Apollo Global Management
APO
$78.4B
| $390M | 0.17% |
4,188,001
+2,282,408
| +120% | +$202M |
|
69
PUT
Alibaba
BABA
$286B
| $386M | 0.17% |
4,985,900
-1,056,700
| -17% | -$84.2M |
|
70
Humana
HUM
$45.5B
| $381M | 0.16% |
831,914
-17,736
| -2% | -$8.74M |
|
71
AT&T
T
$173B
| $380M | 0.16% |
22,653,622
+19,054,972
| +530% | +$301M |
|
72
Workday
WDAY
$49.4B
| $380M | 0.16% |
1,376,918
+1,232,168
| +851% | +$293M |
|
73
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $373M | 0.16% |
4,182,700
+228,200
| +6% | +$16.9M |
|
74
PUT
JPMorgan Chase
JPM
$935B
| $373M | 0.16% |
2,190,200
+118,500
| +6% | +$18M |
|
75
PUT
ConocoPhillips
COP
$162B
| $372M | 0.16% |
3,203,300
+119,900
| +4% | +$14M |
|
Similar funds
Israel Englander's Q4 2023 Portfolio in Review
As of Q4 2023, Israel Englander held 6,891 positions worth $231B, up 17% from $198B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Israel Englander deployed $7.99B of net new capital in Q4 2023, opening 816 new positions and adding to 2,304 existing holdings. Its largest new stake was Ferguson: 906,589 shares worth $175M.
By sector, the portfolio is most concentrated in Technology at 8.3% of assets, down from 9.2% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $2.47B trimmed.
- Israel Englander's largest Q4 2023 buy was Ferguson: 906,589 shares worth $175M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q4 2023, an estimated $4.37B increase.
- Israel Englander's biggest Q4 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.47B.
- Israel Englander fully exited Activision Blizzard in Q4 2023, selling an estimated $1.44B.
- Israel Englander's ten largest holdings make up 21% of its $231B portfolio in Q4 2023.
- Israel Englander opened 816 new positions and closed 883 in Q4 2023.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $231B.
Based on Millennium Management's 13F filing for Q4 2023, filed 14 Feb 2024.