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 | |
|---|---|---|---|---|---|---|
901
Toll Brothers
TOL
$13.8B
| $35M | 0.02% |
833,292
+526,851
| +172% | +$24.4M |
|
902
Commercial Metals
CMC
$7.18B
| $35M | 0.02% |
985,989
-209,568
| -18% | -$8.09M |
|
903
CubeSmart
CUBE
$9.21B
| $35M | 0.02% |
872,584
+58,602
| +7% | +$2.64M |
|
904
Aflac
AFL
$59.3B
| $35M | 0.02% |
621,897
-2,352
| -0.4% | -$138K |
|
905
Incyte
INCY
$25.9B
| $34.9M | 0.02% |
523,723
+284,925
| +119% | +$21M |
|
906
Simpson Manufacturing
SSD
$7.69B
| $34.9M | 0.02% |
444,705
+243,360
| +121% | +$23.5M |
|
907
PUT
General Dynamics
GD
$104B
| $34.9M | 0.02% |
164,300
-3,600
| -2% | -$813K |
|
908
CALL
Northrop Grumman
NOC
$78B
| $34.8M | 0.02% |
74,000
+60,400
| +444% | +$28.8M |
|
909
CALL
Nike
NKE
$60.5B
| $34.8M | 0.02% |
418,700
+123,900
| +42% | +$13.3M |
|
910
JB Hunt Transport Services
JBHT
$24.4B
| $34.7M | 0.02% |
221,708
-554,091
| -71% | -$96.7M |
|
|
HCP
911
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $34.6M | 0.02% |
1,075,714
+464,977
| +76% | +$16.1M |
|
912
Alnylam Pharmaceuticals
ALNY
$31.6B
| $34.6M | 0.02% |
172,770
+168,318
| +3,781% | +$32.1M |
|
913
PUT
RH
RH
$2.71B
| $34.5M | 0.02% |
140,400
+39,800
| +40% | +$10.7M |
|
914
Brunswick
BC
$5.26B
| $34.5M | 0.02% |
527,491
+490,107
| +1,311% | +$36.8M |
|
|
HES
915
PUT
DELISTED
Hess
HES
| $34.5M | 0.02% |
316,500
-5,700
| -2% | -$632K |
|
|
NEX
916
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $34.3M | 0.02% |
4,640,954
+2,200,610
| +90% | +$19.3M |
|
917
Sanmina
SANM
$9.94B
| $34.3M | 0.02% |
744,097
+630,776
| +557% | +$29.4M |
|
918
First Financial Bankshares
FFIN
$4.87B
| $34M | 0.02% |
813,259
-69,304
| -8% | -$2.98M |
|
919
PUT
Yum! Brands
YUM
$42.9B
| $33.9M | 0.02% |
319,200
+268,200
| +526% | +$31.1M |
|
920
Exelon
EXC
$45.7B
| $33.9M | 0.02% |
905,463
-1,108,904
| -55% | -$49M |
|
921
Datadog
DDOG
$81.1B
| $33.9M | 0.02% |
381,316
-219,086
| -36% | -$22.1M |
|
922
Dycom Industries
DY
$11.4B
| $33.8M | 0.02% |
354,311
+56,608
| +19% | +$5.92M |
|
923
CALL
Manulife Financial
MFC
$71B
| $33.8M | 0.02% |
1,560,000
+750,000
| +93% | +$13.2M |
|
924
CALL
Biogen
BIIB
$32.2B
| $33.8M | 0.02% |
+126,600
| New | +$26.9M |
|
925
National Fuel Gas
NFG
$7.84B
| $33.8M | 0.02% |
548,646
+450,495
| +459% | +$31.1M |
|
Similar funds
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.