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 |
iShares Core S&P 500 ETF
IVV
|
+$4.37B |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$488M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$449M |
| 4 |
Apple
AAPL
|
+$402M |
| 5 |
HES
Hess
HES
|
+$377M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.47B |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$1.44B |
| 3 |
NVIDIA
NVDA
|
+$783M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$722M |
| 5 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$650M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.34% |
| 2 | Healthcare | 6.09% |
| 3 | Financials | 5% |
| 4 | Consumer Discretionary | 4.53% |
| 5 | Industrials | 4.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
901
United Airlines
UAL
$36.9B
| $41.9M | 0.02% |
1,016,208
-1,103,162
| -52% | -$43.4M |
|
902
Okta
OKTA
$22.8B
| $41.9M | 0.02% |
462,989
+23,876
| +5% | +$1.82M |
|
903
Hartford Financial Services
HIG
$37.6B
| $41.9M | 0.02% |
521,442
-347,337
| -40% | -$26.2M |
|
904
Healthpeak Properties
DOC
$14.9B
| $41.9M | 0.02% |
2,116,258
-2,235,527
| -51% | -$39.3M |
|
905
Black Hills Corp
BKH
$5.49B
| $41.9M | 0.02% |
776,417
+115,056
| +17% | +$5.9M |
|
906
CALL
Marathon Petroleum
MPC
$102B
| $41.6M | 0.02% |
280,700
-64,900
| -19% | -$9.64M |
|
907
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $41.6M | 0.02% |
305,300
-1,162,200
| -79% | -$151M |
|
|
AZEK
908
DELISTED
The AZEK Co
AZEK
| $41.6M | 0.02% |
1,088,154
+172,811
| +19% | +$5.39M |
|
909
Illinois Tool Works
ITW
$80.9B
| $41.6M | 0.02% |
158,704
+151,924
| +2,241% | +$36.4M |
|
910
COPT Defense Properties
CDP
$4.25B
| $41.6M | 0.02% |
1,621,888
+4,063
| +0.3% | +$98.5K |
|
911
Waters Corp
WAT
$40.4B
| $41.6M | 0.02% |
126,216
+108,198
| +600% | +$29.9M |
|
912
PUT
Aon
AON
$76.2B
| $41.4M | 0.02% |
142,400
-900
| -0.6% | -$288K |
|
913
PUT
Phillips 66
PSX
$96.5B
| $41.4M | 0.02% |
318,100
+71,100
| +29% | +$8.5M |
|
914
Ingersoll Rand
IR
$31B
| $41.4M | 0.02% |
534,741
+274,674
| +106% | +$18.8M |
|
915
Weatherford International
WFRD
$6.36B
| $41.4M | 0.02% |
422,690
-886,872
| -68% | -$82.5M |
|
916
AstraZeneca
AZN
$259B
| $41.3M | 0.02% |
306,534
+287,333
| +1,496% | +$37.4M |
|
917
PUT
MetLife
MET
$61.1B
| $41.3M | 0.02% |
624,200
-77,300
| -11% | -$4.84M |
|
918
NOV
NOV
$7.04B
| $41.3M | 0.02% |
2,034,641
+168,019
| +9% | +$3.3M |
|
919
Everest Group
EG
$14.4B
| $41.1M | 0.02% |
116,332
+15,271
| +15% | +$5.91M |
|
|
TGNA
920
DELISTED
TEGNA Inc
TGNA
| $41M | 0.02% |
2,682,066
-267,027
| -9% | -$4M |
|
921
Workiva
WK
$4.07B
| $41M | 0.02% |
404,067
+5,909
| +1% | +$570K |
|
922
Fair Isaac
FICO
$25.2B
| $40.9M | 0.02% |
35,105
-43,945
| -56% | -$44.2M |
|
923
CALL
Cummins
CMI
$78.7B
| $40.8M | 0.02% |
170,400
+25,600
| +18% | +$5.82M |
|
924
PUT
VanEck Gold Miners ETF
GDX
$32.2B
| $40.8M | 0.02% |
1,314,300
-317,500
| -19% | -$9.29M |
|
925
KBR
KBR
$4.75B
| $40.7M | 0.02% |
733,948
-347,446
| -32% | -$19.2M |
|
Similar funds
Israel Englander's Q4 2023 Portfolio in Review
As of Q4 2023, Israel Englander held 6,891 positions worth $231B, up 17% from $198B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Israel Englander deployed $7.99B of net new capital in Q4 2023, opening 816 new positions and adding to 2,304 existing holdings. Its largest new stake was Ferguson: 906,589 shares worth $175M.
By sector, the portfolio is most concentrated in Technology at 8.3% of assets, down from 9.2% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $2.47B trimmed.
- Israel Englander's largest Q4 2023 buy was Ferguson: 906,589 shares worth $175M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q4 2023, an estimated $4.37B increase.
- Israel Englander's biggest Q4 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.47B.
- Israel Englander fully exited Activision Blizzard in Q4 2023, selling an estimated $1.44B.
- Israel Englander's ten largest holdings make up 21% of its $231B portfolio in Q4 2023.
- Israel Englander opened 816 new positions and closed 883 in Q4 2023.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $231B.
Based on Millennium Management's 13F filing for Q4 2023, filed 14 Feb 2024.