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 Bitcoin Trust
IBIT
|
+$651M |
| 2 |
Fidelity Wise Origin Bitcoin Fund
FBTC
|
+$622M |
| 3 |
Merck
MRK
|
+$496M |
| 4 |
Adobe
ADBE
|
+$446M |
| 5 |
CRH
CRH
|
+$410M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$4.33B |
| 2 |
Microsoft
MSFT
|
+$965M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$542M |
| 4 |
NVIDIA
NVDA
|
+$522M |
| 5 |
Linde
LIN
|
+$377M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.55% |
| 2 | Healthcare | 6.96% |
| 3 | Financials | 6.02% |
| 4 | Industrials | 5.05% |
| 5 | Consumer Discretionary | 4.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Workday
WDAY
$49.4B
| $521M | 0.22% |
1,910,718
+533,800
| +39% | +$152M |
|
52
Broadcom
AVGO
$1.75T
| $507M | 0.22% |
3,828,570
+2,750,530
| +255% | +$341M |
|
|
53
Adobe
ADBE
$109B
| $486M | 0.21% |
964,030
+777,543
| +417% | +$446M |
|
54
S&P Global
SPGI
$127B
| $478M | 0.2% |
1,123,544
+492,988
| +78% | +$214M |
|
55
PUT
iShares MSCI EAFE ETF
EFA
$80B
| $477M | 0.2% |
5,968,500
+3,196,100
| +115% | +$244M |
|
56
Cenovus Energy
CVE
$60.7B
| $464M | 0.2% |
23,194,900
+6,676,437
| +40% | +$114M |
|
57
PUT
Salesforce
CRM
$171B
| $460M | 0.2% |
1,527,400
-841,200
| -36% | -$243M |
|
58
CALL
Advanced Micro Devices
AMD
$773B
| $455M | 0.19% |
2,523,100
-1,075,000
| -30% | -$188M |
|
59
PUT
Morgan Stanley
MS
$336B
| $447M | 0.19% |
4,745,900
+1,611,700
| +51% | +$142M |
|
60
PUT
Walt Disney
DIS
$186B
| $446M | 0.19% |
3,642,700
+745,300
| +26% | +$77.9M |
|
61
CALL
SPDR Gold Trust
GLD
$152B
| $442M | 0.19% |
2,146,700
+1,267,500
| +144% | +$243M |
|
62
Cheniere Energy
LNG
$57.3B
| $432M | 0.18% |
2,677,043
+338,751
| +14% | +$54.5M |
|
63
Apollo Global Management
APO
$78.4B
| $430M | 0.18% |
3,820,860
-367,141
| -9% | -$38.7M |
|
64
Walmart Inc
WMT
$825B
| $424M | 0.18% |
7,051,292
+1,798,679
| +34% | +$103M |
|
65
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $421M | 0.18% |
4,437,800
+255,100
| +6% | +$23.7M |
|
66
PUT
Costco
COST
$420B
| $420M | 0.18% |
573,700
+194,300
| +51% | +$139M |
|
67
PUT
Alibaba
BABA
$286B
| $420M | 0.18% |
5,804,000
+818,100
| +16% | +$59.9M |
|
68
PUT
Wells Fargo
WFC
$254B
| $414M | 0.18% |
7,147,700
+511,700
| +8% | +$26.8M |
|
|
69
CALL
Broadcom
AVGO
$1.75T
| $414M | 0.18% |
3,121,000
-589,000
| -16% | -$73M |
|
70
3M
MMM
$92.3B
| $407M | 0.17% |
4,585,123
+3,697,160
| +416% | +$307M |
|
71
ServiceNow
NOW
$133B
| $403M | 0.17% |
2,644,585
+2,325,355
| +728% | +$352M |
|
72
Citigroup
C
$221B
| $402M | 0.17% |
6,362,899
-174,781
| -3% | -$9.73M |
|
73
Mastercard
MA
$509B
| $401M | 0.17% |
832,821
-132,178
| -14% | -$60.4M |
|
74
PUT
JPMorgan Chase
JPM
$935B
| $399M | 0.17% |
1,994,200
-196,000
| -9% | -$35.4M |
|
|
ANSS
75
DELISTED
Ansys
ANSS
| $393M | 0.17% |
1,132,269
+1,000,213
| +757% | +$339M |
|
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Israel Englander's Q1 2024 Portfolio in Review
As of Q1 2024, Israel Englander held 6,887 positions worth $234B, up 1.3% from $231B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Israel Englander withdrew a net $25.1B in Q1 2024, closing 745 positions and reducing 2,484 holdings. Its most notable exit was Splunk Inc, an estimated $319M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.5% of assets, up from 8.3% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in iShares Bitcoin Trust worth $844M.
- Israel Englander's largest Q1 2024 buy was iShares Bitcoin Trust: 20,859,447 shares worth $844M.
- Israel Englander added most to Merck in Q1 2024, an estimated $496M increase.
- Israel Englander's biggest Q1 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $4.33B.
- Israel Englander fully exited Splunk Inc in Q1 2024, selling an estimated $319M.
- Israel Englander's ten largest holdings make up 17% of its $234B portfolio in Q1 2024.
- Israel Englander opened 858 new positions and closed 745 in Q1 2024.
- Israel Englander's portfolio value rose 1.3% quarter-over-quarter to $234B.
Based on Millennium Management's 13F filing for Q1 2024, filed 15 May 2024.