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
|
+$2.72B |
| 2 |
Apple
AAPL
|
+$1.98B |
| 3 |
Microsoft
MSFT
|
+$1.42B |
| 4 |
Alibaba
BABA
|
+$1.03B |
| 5 |
Amazon
AMZN
|
+$924M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Keurig Dr Pepper
KDP
|
+$173M |
| 2 |
FedEx
FDX
|
+$150M |
| 3 |
Oracle
ORCL
|
+$139M |
| 4 |
Linde
LIN
|
+$132M |
| 5 |
PayPal
PYPL
|
+$131M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 11.19% |
| 2 | Healthcare | 7.18% |
| 3 | Consumer Discretionary | 7.09% |
| 4 | Financials | 5.3% |
| 5 | Industrials | 4.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Pinterest
PINS
$13.3B
| $242M | 0.18% |
3,678,684
+2,284,844
| +164% | +$137M |
|
77
Thermo Fisher Scientific
TMO
$233B
| $236M | 0.17% |
505,611
+306,074
| +153% | +$144M |
|
78
Snap
SNAP
$8.86B
| $226M | 0.16% |
4,517,198
+2,928,584
| +184% | +$122M |
|
79
Qiagen
QGEN
$9.1B
| $226M | 0.16% |
4,035,075
-262,598
| -6% | -$14M |
|
80
Cigna
CI
$73.3B
| $226M | 0.16% |
1,085,533
+654,567
| +152% | +$128M |
|
81
PUT
Walt Disney
DIS
$186B
| $220M | 0.16% |
1,214,300
+341,100
| +39% | +$49M |
|
|
82
PUT
PayPal
PYPL
$52.7B
| $215M | 0.16% |
917,800
-30,600
| -3% | -$6.34M |
|
|
OPTU
83
PUT
Optimum Communications Inc
OPTU
$323M
| $215M | 0.16% |
+5,669,300
| New | +$178M |
|
84
JPMorgan Chase
JPM
$935B
| $214M | 0.15% |
1,683,709
+913,475
| +119% | +$102M |
|
85
Dominion Energy
D
$58.6B
| $213M | 0.15% |
2,834,135
+1,510,582
| +114% | +$120M |
|
86
PUT
Morgan Stanley
MS
$336B
| $210M | 0.15% |
3,067,200
-228,600
| -7% | -$13.1M |
|
87
Air Products & Chemicals
APD
$67.9B
| $208M | 0.15% |
762,666
+760,194
| +30,752% | +$214M |
|
88
PUT
Citigroup
C
$221B
| $206M | 0.15% |
3,348,200
+945,100
| +39% | +$48M |
|
89
PUT
MongoDB
MDB
$34.7B
| $206M | 0.15% |
572,500
+571,300
| +47,608% | +$160M |
|
90
PUT
Walmart Inc
WMT
$825B
| $204M | 0.15% |
4,248,300
-182,400
| -4% | -$8.86M |
|
91
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $203M | 0.15% |
1,786,700
-1,577,400
| -47% | -$172M |
|
92
Eli Lilly
LLY
$1.12T
| $202M | 0.15% |
1,198,579
+148,398
| +14% | +$22.2M |
|
93
QuantumScape Corp
QS
$3.68B
| $200M | 0.14% |
2,769,493
+2,472,493
| +832% | +$90.5M |
|
94
PUT
Micron Technology
MU
$1.09T
| $199M | 0.14% |
2,644,400
-652,300
| -20% | -$39.3M |
|
95
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $194M | 0.14% |
2,414,200
-1,524,400
| -39% | -$118M |
|
96
McDonald's
MCD
$192B
| $193M | 0.14% |
898,639
+759,179
| +544% | +$165M |
|
|
97
PayPal
PYPL
$52.7B
| $193M | 0.14% |
822,265
-629,862
| -43% | -$131M |
|
98
Mastercard
MA
$509B
| $191M | 0.14% |
534,817
+501,476
| +1,504% | +$167M |
|
|
LBRDK
99
DELISTED
Liberty Broadband Class C
LBRDK
| $187M | 0.14% |
1,181,909
+1,102,456
| +1,388% | +$168M |
|
100
PUT
Charter Communications
CHTR
$17.9B
| $186M | 0.13% |
281,700
+60,600
| +27% | +$38.6M |
|
Similar funds
Israel Englander's Q4 2020 Portfolio in Review
As of Q4 2020, Israel Englander held 5,904 positions worth $138B, up 170,419% from $81.2M the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $45.7B of net new capital in Q4 2020, opening 1,518 new positions and adding to 1,899 existing holdings. Its largest new stake was Sotera Health: 2,269,458 shares worth $62.3M.
By sector, the portfolio is most concentrated in Technology at 11% of assets, up from 6.3% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Keurig Dr Pepper, an estimated $173M trimmed.
- Israel Englander's largest Q4 2020 buy was Sotera Health: 2,269,458 shares worth $62.3M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2020, an estimated $2.72B increase.
- Israel Englander's biggest Q4 2020 reduction was Keurig Dr Pepper, cutting an estimated $173M.
- Israel Englander fully exited Clover Health Investments in Q4 2020, selling an estimated $36.7M.
- Israel Englander's ten largest holdings make up 20% of its $138B portfolio in Q4 2020.
- Israel Englander opened 1,518 new positions and closed 754 in Q4 2020.
- Israel Englander's portfolio value rose 170,419% quarter-over-quarter to $138B.
Based on Millennium Management's 13F filing for Q4 2020, filed 16 Feb 2021.