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
|
+$1.38B |
| 2 |
Microsoft
MSFT
|
+$667M |
| 3 |
Spotify
SPOT
|
+$528M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$438M |
| 5 |
Eli Lilly
LLY
|
+$412M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.59B |
| 2 |
Amazon
AMZN
|
+$1.45B |
| 3 |
Merck
MRK
|
+$925M |
| 4 |
Broadcom
AVGO
|
+$765M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$672M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.59% |
| 2 | Healthcare | 7.29% |
| 3 | Financials | 7.2% |
| 4 | Industrials | 6.31% |
| 5 | Consumer Discretionary | 4.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Pfizer
PFE
$160B
| $448M | 0.21% |
15,473,329
-4,448,515
| -22% | -$130M |
|
52
Accenture
ACN
$113B
| $439M | 0.21% |
1,240,599
+259,697
| +26% | +$85.4M |
|
53
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $436M | 0.21% |
9,631,400
+3,601,900
| +60% | +$157M |
|
54
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $431M | 0.2% |
2,599,300
-495,600
| -16% | -$83.1M |
|
55
PUT
JPMorgan Chase
JPM
$935B
| $431M | 0.2% |
2,042,900
+159,900
| +8% | +$33.7M |
|
56
CALL
iShares China Large-Cap ETF
FXI
$4.28B
| $422M | 0.2% |
13,276,600
-1,203,600
| -8% | -$31.8M |
|
57
Cheniere Energy
LNG
$57.3B
| $416M | 0.2% |
2,313,916
-745,004
| -24% | -$134M |
|
|
58
Alphabet (Google) Class C
GOOG
$4.18T
| $399M | 0.19% |
2,389,116
-559,110
| -19% | -$94.6M |
|
59
PUT
Pinduoduo
PDD
$126B
| $397M | 0.19% |
2,942,400
+1,156,800
| +65% | +$142M |
|
60
CME Group
CME
$98.9B
| $395M | 0.19% |
1,792,311
+677,678
| +61% | +$140M |
|
61
Adobe
ADBE
$109B
| $394M | 0.19% |
761,799
+35,260
| +5% | +$19.3M |
|
62
Parker-Hannifin
PH
$126B
| $393M | 0.19% |
622,799
-121,993
| -16% | -$69.3M |
|
63
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $392M | 0.19% |
3,998,100
+2,144,100
| +116% | +$207M |
|
64
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $390M | 0.18% |
4,856,500
+2,464,900
| +103% | +$194M |
|
|
EDR
65
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $388M | 0.18% |
13,600,863
+1,707,227
| +14% | +$46.9M |
|
66
PUT
Salesforce
CRM
$171B
| $386M | 0.18% |
1,410,200
+263,000
| +23% | +$67.4M |
|
67
PUT
Home Depot
HD
$335B
| $374M | 0.18% |
923,800
-30,400
| -3% | -$11.1M |
|
68
3M
MMM
$92.3B
| $369M | 0.17% |
2,697,776
-1,281,622
| -32% | -$157M |
|
69
Eaton
ETN
$163B
| $363M | 0.17% |
1,096,692
+196,610
| +22% | +$60.1M |
|
70
Bank of America
BAC
$431B
| $359M | 0.17% |
9,044,362
-4,141,714
| -31% | -$166M |
|
71
CALL
iShares MSCI EAFE ETF
EFA
$80B
| $358M | 0.17% |
4,279,400
+1,876,000
| +78% | +$151M |
|
|
72
PUT
iShares China Large-Cap ETF
FXI
$4.28B
| $355M | 0.17% |
11,172,800
+3,686,800
| +49% | +$97.5M |
|
|
73
PUT
Adobe
ADBE
$109B
| $353M | 0.17% |
682,100
+127,900
| +23% | +$70.1M |
|
74
TSMC
TSM
$2.17T
| $343M | 0.16% |
1,975,084
-412,784
| -17% | -$70.3M |
|
|
75
PUT
Eli Lilly
LLY
$1.12T
| $342M | 0.16% |
386,400
-248,300
| -39% | -$223M |
|
Similar funds
Israel Englander's Q3 2024 Portfolio in Review
As of Q3 2024, Israel Englander held 6,698 positions worth $211B, down 2.3% from $216B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Israel Englander withdrew a net $20.6B in Q3 2024, closing 667 positions and reducing 2,445 holdings. Its most notable exit was WestRock Company, an estimated $161M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.6% of assets, down from 10% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in Smurfit Westrock worth $94.1M.
- Israel Englander's largest Q3 2024 buy was Smurfit Westrock: 1,904,931 shares worth $94.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $1.38B increase.
- Israel Englander's biggest Q3 2024 reduction was Apple, cutting an estimated $2.59B.
- Israel Englander fully exited WestRock Company in Q3 2024, selling an estimated $161M.
- Israel Englander's ten largest holdings make up 17% of its $211B portfolio in Q3 2024.
- Israel Englander opened 898 new positions and closed 667 in Q3 2024.
- Israel Englander's portfolio value fell 2.3% quarter-over-quarter to $211B.
Based on Millennium Management's 13F filing for Q3 2024, filed 14 Nov 2024.