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 |
Linde
LIN
|
+$374M |
| 2 |
AT&T
T
|
+$293M |
| 3 |
NVIDIA
NVDA
|
+$291M |
| 4 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$283M |
| 5 |
Williams Companies
WMB
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.09B |
| 2 |
Lam Research
LRCX
|
+$351M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$330M |
| 4 |
Apple
AAPL
|
+$328M |
| 5 |
Boeing
BA
|
+$292M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.38% |
| 2 | Healthcare | 7.98% |
| 3 | Financials | 6.14% |
| 4 | Consumer Discretionary | 5.62% |
| 5 | Industrials | 5.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
901
Darden Restaurants
DRI
$25.6B
| $35.8M | 0.02% |
230,955
+208,122
| +911% | +$30.8M |
|
|
ROIC
902
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $35.8M | 0.02% |
2,566,130
+966,804
| +60% | +$14M |
|
|
SKX
903
DELISTED
Skechers
SKX
| $35.8M | 0.02% |
753,827
+746,320
| +9,942% | +$33.8M |
|
904
Inspire Medical Systems
INSP
$1.78B
| $35.6M | 0.02% |
152,083
-63,063
| -29% | -$15.9M |
|
905
Regency Centers
REG
$14B
| $35.6M | 0.02% |
581,603
-92,874
| -14% | -$5.84M |
|
|
EXAS
906
DELISTED
Exact Sciences
EXAS
| $35.6M | 0.02% |
524,419
+466,563
| +806% | +$30M |
|
|
RXDX
907
DELISTED
Prometheus Biosciences, Inc. Common Stock
RXDX
| $35.6M | 0.02% |
331,258
+192,098
| +138% | +$22.1M |
|
|
SYNH
908
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $35.5M | 0.02% |
997,096
-63,974
| -6% | -$2.32M |
|
909
Las Vegas Sands
LVS
$30.4B
| $35.5M | 0.02% |
617,638
+582,280
| +1,647% | +$32.6M |
|
910
Altria Group
MO
$114B
| $35.2M | 0.02% |
789,847
-2,011,110
| -72% | -$92.5M |
|
911
PUT
Dow Inc
DOW
$22.7B
| $35.2M | 0.02% |
642,500
-293,400
| -31% | -$16.5M |
|
912
XPO
XPO
$22.5B
| $35.2M | 0.02% |
1,102,695
+17,712
| +2% | +$638K |
|
913
Jefferies Financial Group
JEF
$12B
| $35.2M | 0.02% |
1,108,081
+899,599
| +431% | +$32.5M |
|
914
Citizens Financial Group
CFG
$29.6B
| $35.1M | 0.02% |
1,155,865
-1,894,397
| -62% | -$74.2M |
|
915
Nu Holdings
NU
$71.3B
| $35.1M | 0.02% |
7,372,703
+5,680,110
| +336% | +$25.3M |
|
916
SoFi Technologies
SOFI
$23.6B
| $35.1M | 0.02% |
5,778,945
+4,671,874
| +422% | +$28.3M |
|
917
BOK Financial
BOKF
$8.54B
| $35.1M | 0.02% |
415,434
-172,053
| -29% | -$16.8M |
|
|
ESTE
918
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $35M | 0.02% |
2,690,053
+1,021,402
| +61% | +$13.7M |
|
919
Gaming and Leisure Properties
GLPI
$12.8B
| $34.9M | 0.02% |
670,597
-422,210
| -39% | -$22M |
|
920
Arrow Electronics
ARW
$10.3B
| $34.8M | 0.02% |
278,680
-976,911
| -78% | -$116M |
|
|
921
PUT
Lam Research
LRCX
$388B
| $34.8M | 0.02% |
656,000
-1,359,000
| -67% | -$66.7M |
|
922
CALL
Kimberly-Clark
KMB
$37B
| $34.8M | 0.02% |
259,000
-298,400
| -54% | -$38.8M |
|
|
PPLI
923
People Inc
PPLI
$2.89B
| $34.7M | 0.02% |
819,077
-114,683
| -12% | -$4.91M |
|
924
American Tower
AMT
$83.1B
| $34.6M | 0.02% |
169,177
+137,586
| +436% | +$28.9M |
|
925
PUT
Eli Lilly
LLY
$1.11T
| $34.5M | 0.02% |
100,500
-612,600
| -86% | -$207M |
|
Similar funds
Israel Englander's Q1 2023 Portfolio in Review
As of Q1 2023, Israel Englander held 7,511 positions worth $174B, down 3.5% from $181B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Israel Englander withdrew a net $18.1B in Q1 2023, closing 1,206 positions and reducing 2,570 holdings. Its most notable exit was Apollo Global Management, an estimated $112M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.4% of assets, up from 8.2% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in Warner Bros worth $96.9M.
- Israel Englander's largest Q1 2023 buy was Warner Bros: 6,417,147 shares worth $96.9M.
- Israel Englander added most to Linde in Q1 2023, an estimated $374M increase.
- Israel Englander's biggest Q1 2023 reduction was Invesco QQQ Trust, cutting an estimated $1.09B.
- Israel Englander fully exited Apollo Global Management in Q1 2023, selling an estimated $112M.
- Israel Englander's ten largest holdings make up 25% of its $174B portfolio in Q1 2023.
- Israel Englander opened 987 new positions and closed 1,206 in Q1 2023.
- Israel Englander's portfolio value fell 3.5% quarter-over-quarter to $174B.
Based on Millennium Management's 13F filing for Q1 2023, filed 15 May 2023.