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 |
Shopify
SHOP
|
+$417M |
| 2 |
PARA
Paramount Global Class B
PARA
|
+$344M |
| 3 |
Baidu
BIDU
|
+$254M |
| 4 |
American Electric Power
AEP
|
+$214M |
| 5 |
Intuitive Surgical
ISRG
|
+$212M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.19B |
| 2 |
Microsoft
MSFT
|
+$1.44B |
| 3 |
Intel
INTC
|
+$925M |
| 4 |
NVIDIA
NVDA
|
+$589M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$573M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.62% |
| 2 | Healthcare | 7.51% |
| 3 | Consumer Discretionary | 5.84% |
| 4 | Financials | 5.63% |
| 5 | Industrials | 4.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
76
Baidu
BIDU
$31.6B
| $223M | 0.16% |
1,026,294
+974,047
| +1,864% | +$254M |
|
77
PUT
Bank of America
BAC
$431B
| $217M | 0.16% |
5,609,500
-3,287,300
| -37% | -$113M |
|
|
78
PUT
Shopify
SHOP
$192B
| $216M | 0.15% |
+1,953,000
| New | +$236M |
|
|
DOCU
79
PUT
DocuSign
DOCU
$11.8B
| $215M | 0.15% |
1,062,300
+903,300
| +568% | +$209M |
|
80
PUT
Broadcom
AVGO
$1.75T
| $214M | 0.15% |
4,622,000
+463,000
| +11% | +$21.4M |
|
81
PUT
iShares MSCI EAFE ETF
EFA
$80B
| $214M | 0.15% |
2,820,300
+520,300
| +23% | +$39.2M |
|
|
CLGX
82
DELISTED
Corelogic, Inc.
CLGX
| $214M | 0.15% |
2,698,954
+2,037,184
| +308% | +$162M |
|
83
ServiceNow
NOW
$133B
| $212M | 0.15% |
2,120,895
+1,837,750
| +649% | +$194M |
|
84
Medtronic
MDT
$119B
| $212M | 0.15% |
1,791,573
+1,294,382
| +260% | +$152M |
|
85
PUT
Citigroup
C
$221B
| $211M | 0.15% |
2,904,400
-443,800
| -13% | -$29.6M |
|
86
Zimmer Biomet
ZBH
$19.3B
| $209M | 0.15% |
1,345,963
+640,802
| +91% | +$99.3M |
|
87
Honeywell
HON
$68.4B
| $203M | 0.15% |
993,558
+627,950
| +172% | +$123M |
|
|
88
Bank of America
BAC
$431B
| $201M | 0.14% |
5,191,559
-4,099,282
| -44% | -$141M |
|
89
Wells Fargo
WFC
$254B
| $198M | 0.14% |
5,058,868
-325,074
| -6% | -$11.5M |
|
90
PUT
UnitedHealth
UNH
$350B
| $196M | 0.14% |
526,900
+360,100
| +216% | +$125M |
|
91
Vertex Pharmaceuticals
VRTX
$139B
| $195M | 0.14% |
905,921
+592,174
| +189% | +$130M |
|
92
PUT
IBM
IBM
$222B
| $194M | 0.14% |
1,525,591
+622,893
| +69% | +$74.5M |
|
93
Advanced Micro Devices
AMD
$773B
| $190M | 0.14% |
2,415,899
-671,269
| -22% | -$57.8M |
|
|
MXIM
94
DELISTED
Maxim Integrated Products
MXIM
| $189M | 0.14% |
2,072,438
-692,108
| -25% | -$63.5M |
|
95
Qiagen
QGEN
$9.1B
| $187M | 0.13% |
3,614,354
-420,721
| -10% | -$23.1M |
|
96
PUT
Starbucks
SBUX
$122B
| $186M | 0.13% |
1,700,900
-22,100
| -1% | -$2.32M |
|
97
PepsiCo
PEP
$196B
| $186M | 0.13% |
1,312,321
+735,660
| +128% | +$101M |
|
98
PUT
AbbVie
ABBV
$468B
| $183M | 0.13% |
1,692,100
+790,500
| +88% | +$84.6M |
|
99
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $182M | 0.13% |
5,333,100
-379,200
| -7% | -$12.2M |
|
100
Humana
HUM
$45.5B
| $182M | 0.13% |
433,017
+128,305
| +42% | +$51.2M |
|
Similar funds
Israel Englander's Q1 2021 Portfolio in Review
As of Q1 2021, Israel Englander held 6,933 positions worth $140B, up 0.91% from $138B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Israel Englander's Q1 2021 filing shows 1,778 new, 1,836 increased, 2,117 reduced and 1,099 closed positions. Its largest new stake was KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant: 9,400,000 shares worth $94.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $3.19B.
By sector, the portfolio is most concentrated in Technology at 9.6% of assets, down from 11% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Israel Englander's largest Q1 2021 buy was KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant: 9,400,000 shares worth $94.1M.
- Israel Englander added most to Shopify in Q1 2021, an estimated $417M increase.
- Israel Englander's biggest Q1 2021 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.19B.
- Israel Englander fully exited iShares Russell 2000 ETF in Q1 2021, selling an estimated $573M.
- Israel Englander's ten largest holdings make up 21% of its $140B portfolio in Q1 2021.
- Israel Englander opened 1,778 new positions and closed 1,099 in Q1 2021.
- Israel Englander's portfolio value rose 0.91% quarter-over-quarter to $140B.
Based on Millennium Management's 13F filing for Q1 2021, filed 17 May 2021.