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 |
DRE
Duke Realty Corp.
DRE
|
+$886M |
| 2 |
Chevron
CVX
|
+$595M |
| 3 |
Union Pacific
UNP
|
+$360M |
| 4 |
Baxter International
BAX
|
+$276M |
| 5 |
Xcel Energy
XEL
|
+$252M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$520M |
| 2 |
NXP Semiconductors
NXPI
|
+$248M |
| 3 |
Oracle
ORCL
|
+$242M |
| 4 |
Amgen
AMGN
|
+$197M |
| 5 |
Eli Lilly
LLY
|
+$186M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 8.19% |
| 2 | Technology | 7.88% |
| 3 | Healthcare | 6.85% |
| 4 | Industrials | 5.04% |
| 5 | Consumer Discretionary | 4.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
876
Equinor
EQNR
$101B
| $36.3M | 0.02% |
1,096,149
+395,791
| +57% | +$14.3M |
|
877
Robinhood
HOOD
$93.2B
| $36.3M | 0.02% |
3,591,984
+1,900,787
| +112% | +$18.3M |
|
|
VTLE
878
DELISTED
Vital Energy
VTLE
| $36.2M | 0.02% |
576,157
+272,803
| +90% | +$19.4M |
|
|
ODP
879
DELISTED
ODP
ODP
| $36.1M | 0.02% |
1,028,024
+828,343
| +415% | +$29.5M |
|
880
PUT
Lyft
LYFT
$6.69B
| $36.1M | 0.02% |
2,742,000
-376,900
| -12% | -$5.8M |
|
881
Reinsurance Group of America
RGA
$16B
| $36.1M | 0.02% |
286,693
+242,535
| +549% | +$29.8M |
|
|
AUY
882
DELISTED
Yamana Gold, Inc.
AUY
| $36M | 0.02% |
7,953,254
+239,353
| +3% | +$1.11M |
|
883
Privia Health
PRVA
$2.68B
| $36M | 0.02% |
1,055,854
+315,521
| +43% | +$11.7M |
|
884
PUT
ServiceNow
NOW
$132B
| $35.9M | 0.02% |
476,000
-146,000
| -23% | -$13.1M |
|
885
Payoneer
PAYO
$2.41B
| $35.9M | 0.02% |
5,936,332
+3,540,115
| +148% | +$20.6M |
|
|
NARI
886
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $35.9M | 0.02% |
494,340
+188,410
| +62% | +$14M |
|
|
CIVI
887
DELISTED
Civitas Resources
CIVI
| $35.9M | 0.02% |
625,289
+601,167
| +2,492% | +$35.4M |
|
888
Paychex
PAYX
$44.8B
| $35.8M | 0.02% |
319,151
+291,885
| +1,071% | +$36.2M |
|
889
PUT
Waste Management
WM
$90.5B
| $35.8M | 0.02% |
223,200
+98,000
| +78% | +$16.2M |
|
|
WCC
890
WESCO International
WCC
$16.4B
| $35.7M | 0.02% |
298,817
-162,340
| -35% | -$20.3M |
|
891
Ovintiv
OVV
$18.2B
| $35.6M | 0.02% |
772,971
-2,656,315
| -77% | -$127M |
|
892
Airbnb
ABNB
$112B
| $35.5M | 0.02% |
338,099
-285,051
| -46% | -$31.6M |
|
893
Western Alliance Bancorporation
WAL
$8.55B
| $35.5M | 0.02% |
539,861
+519,820
| +2,594% | +$39.4M |
|
894
Marriott Vacations Worldwide
VAC
$3.93B
| $35.5M | 0.02% |
291,070
-839
| -0.3% | -$114K |
|
895
Targa Resources
TRGP
$63.1B
| $35.5M | 0.02% |
587,636
-454,951
| -44% | -$29.9M |
|
896
Whirlpool
WHR
$2.62B
| $35.4M | 0.02% |
262,722
+95,537
| +57% | +$15.2M |
|
897
Enovis
ENOV
$1.45B
| $35.4M | 0.02% |
767,759
-180,104
| -19% | -$9.76M |
|
|
TWNK
898
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $35.3M | 0.02% |
1,520,139
+94,060
| +7% | +$2.14M |
|
899
Euronet Worldwide
EEFT
$2.63B
| $35.3M | 0.02% |
465,377
+376,119
| +421% | +$35.3M |
|
900
Eastern Bankshares
EBC
$5.17B
| $35.1M | 0.02% |
1,786,956
+961,171
| +116% | +$19.2M |
|
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Israel Englander's Q3 2022 Portfolio in Review
As of Q3 2022, Israel Englander held 7,917 positions worth $169B, up 4.9% from $161B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Israel Englander deployed $14.7B of net new capital in Q3 2022, opening 1,005 new positions and adding to 2,598 existing holdings. Its largest new stake was Rockwell Automation: 953,525 shares worth $205M.
By sector, the portfolio is most concentrated in Financials at 8.2% of assets, up from 7.7% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $520M trimmed.
- Israel Englander's largest Q3 2022 buy was Rockwell Automation: 953,525 shares worth $205M.
- Israel Englander added most to Duke Realty Corp. in Q3 2022, an estimated $886M increase.
- Israel Englander's biggest Q3 2022 reduction was Invesco QQQ Trust, cutting an estimated $520M.
- Israel Englander fully exited Coherent Inc in Q3 2022, selling an estimated $114M.
- Israel Englander's ten largest holdings make up 23% of its $169B portfolio in Q3 2022.
- Israel Englander opened 1,005 new positions and closed 906 in Q3 2022.
- Israel Englander's portfolio value rose 4.9% quarter-over-quarter to $169B.
Based on Millennium Management's 13F filing for Q3 2022, filed 14 Nov 2022.