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 | |
|---|---|---|---|---|---|---|
876
Utz Brands
UTZ
$1.26B
| $44.4M | 0.02% |
2,507,367
-1,242,337
| -33% | -$20.6M |
|
877
Calix
CALX
$2.51B
| $44.3M | 0.02% |
1,142,110
+962,309
| +535% | +$35.4M |
|
878
Hecla Mining
HL
$13.7B
| $44.3M | 0.02% |
6,634,355
+3,396,788
| +105% | +$19.9M |
|
879
Xylem
XYL
$26.7B
| $44.2M | 0.02% |
327,507
-811,373
| -71% | -$109M |
|
880
PUT
Vistra
VST
$45.5B
| $44.2M | 0.02% |
373,000
+180,000
| +93% | +$15.3M |
|
881
NVR
NVR
$17B
| $43.9M | 0.02% |
4,474
+370
| +9% | +$3.23M |
|
882
Marriott International
MAR
$93.9B
| $43.9M | 0.02% |
176,473
-54,658
| -24% | -$12.7M |
|
883
KBR
KBR
$4.75B
| $43.8M | 0.02% |
673,165
+364,888
| +118% | +$23.7M |
|
884
PUT
NIO
NIO
$10.9B
| $43.8M | 0.02% |
6,558,800
+2,044,600
| +45% | +$9.4M |
|
885
BILL Holdings
BILL
$4.8B
| $43.7M | 0.02% |
827,761
+18,568
| +2% | +$956K |
|
886
Chord Energy
CHRD
$7.91B
| $43.7M | 0.02% |
335,234
-361,254
| -52% | -$55.4M |
|
887
PUT
United Airlines
UAL
$36.9B
| $43.6M | 0.02% |
763,900
-93,900
| -11% | -$4.35M |
|
888
CALL
Workday
WDAY
$49.2B
| $43.5M | 0.02% |
178,100
+49,100
| +38% | +$11.6M |
|
889
Salesforce
CRM
$171B
| $43.5M | 0.02% |
158,851
-131,844
| -45% | -$33.8M |
|
890
VanEck Gold Miners ETF
GDX
$32.2B
| $43.4M | 0.02% |
1,090,937
+536,110
| +97% | +$20.3M |
|
891
Arch Capital
ACGL
$34.5B
| $43.4M | 0.02% |
388,066
+83,829
| +28% | +$8.72M |
|
892
McKesson
MCK
$102B
| $43.4M | 0.02% |
87,795
-39,219
| -31% | -$21.8M |
|
893
PTC
PTC
$16.7B
| $43.4M | 0.02% |
240,259
+228,774
| +1,992% | +$40.2M |
|
894
Toast
TOST
$21.2B
| $43.4M | 0.02% |
1,531,336
+659,119
| +76% | +$16.7M |
|
895
Avient
AVNT
$4.07B
| $43.3M | 0.02% |
860,488
+380,261
| +79% | +$17.4M |
|
896
PUT
Accenture
ACN
$114B
| $43.3M | 0.02% |
122,400
-49,900
| -29% | -$16.4M |
|
897
ServiceNow
NOW
$132B
| $43.2M | 0.02% |
241,305
-834,575
| -78% | -$137M |
|
898
CALL
IBM
IBM
$218B
| $43.2M | 0.02% |
195,200
-281,200
| -59% | -$55.1M |
|
899
PUT
Sun Life Financial
SLF
$44B
| $43.1M | 0.02% |
550,000
| – | – |
|
900
Macy's
M
$6.1B
| $43.1M | 0.02% |
2,747,331
+1,050,757
| +62% | +$17.1M |
|
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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.