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 |
Invesco QQQ Trust
QQQ
|
+$517M |
| 2 |
NXP Semiconductors
NXPI
|
+$351M |
| 3 |
Oracle
ORCL
|
+$279M |
| 4 |
Palo Alto Networks
PANW
|
+$268M |
| 5 |
Boston Scientific
BSX
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CERN
Cerner Corp
CERN
|
+$517M |
| 2 |
ExxonMobil
XOM
|
+$385M |
| 3 |
Cenovus Energy
CVE
|
+$292M |
| 4 |
PLAN
Anaplan, Inc.
PLAN
|
+$236M |
| 5 |
Phillips 66
PSX
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.76% |
| 2 | Financials | 7.66% |
| 3 | Healthcare | 7.12% |
| 4 | Industrials | 5.11% |
| 5 | Consumer Discretionary | 4.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Canadian National Railway
CNI
$78.5B
| $219M | 0.14% |
1,949,250
+1,640,832
| +532% | +$192M |
|
77
Morgan Stanley
MS
$336B
| $218M | 0.14% |
2,869,326
+1,277,900
| +80% | +$105M |
|
78
Advance Auto Parts
AAP
$2.57B
| $218M | 0.14% |
1,259,314
+594,605
| +89% | +$118M |
|
79
Hartford Financial Services
HIG
$36.9B
| $217M | 0.13% |
3,315,247
+1,140,863
| +52% | +$80M |
|
80
PUT
Intel
INTC
$476B
| $214M | 0.13% |
5,725,900
-2,958,500
| -34% | -$128M |
|
81
PUT
Wells Fargo
WFC
$254B
| $213M | 0.13% |
5,445,900
-340,300
| -6% | -$14.9M |
|
82
PUT
Home Depot
HD
$335B
| $213M | 0.13% |
776,000
-10,900
| -1% | -$3.22M |
|
83
PUT
Mastercard
MA
$509B
| $212M | 0.13% |
672,000
-181,800
| -21% | -$62.6M |
|
84
PUT
Salesforce
CRM
$171B
| $211M | 0.13% |
1,280,000
-549,600
| -30% | -$97.1M |
|
85
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $210M | 0.13% |
5,230,000
+3,140,800
| +150% | +$132M |
|
86
T-Mobile US
TMUS
$196B
| $209M | 0.13% |
1,553,199
+952,306
| +158% | +$124M |
|
87
Amgen
AMGN
$238B
| $205M | 0.13% |
841,228
+542,713
| +182% | +$133M |
|
88
Marathon Petroleum
MPC
$101B
| $203M | 0.13% |
2,471,585
+1,797,790
| +267% | +$168M |
|
89
Valero Energy
VLO
$100B
| $201M | 0.12% |
1,892,720
+1,700,432
| +884% | +$201M |
|
90
PUT
Broadcom
AVGO
$1.75T
| $200M | 0.12% |
4,125,000
-1,440,000
| -26% | -$80.8M |
|
91
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $196M | 0.12% |
637,500
-173,200
| -21% | -$56.6M |
|
92
PUT
Alphabet (Google) Class C
GOOG
$4.18T
| $196M | 0.12% |
1,790,000
+52,000
| +3% | +$6.14M |
|
|
93
PUT
Valero Energy
VLO
$100B
| $193M | 0.12% |
1,817,200
-223,300
| -11% | -$26.4M |
|
94
PUT
VanEck Oil Services ETF
OIH
$1.95B
| $192M | 0.12% |
826,400
+112,400
| +16% | +$30.8M |
|
95
Accenture
ACN
$113B
| $192M | 0.12% |
691,967
+378,799
| +121% | +$114M |
|
96
PUT
UnitedHealth
UNH
$350B
| $189M | 0.12% |
368,700
+53,800
| +17% | +$27M |
|
97
CALL
Chevron
CVX
$403B
| $189M | 0.12% |
1,304,200
+356,600
| +38% | +$58.9M |
|
98
PUT
McDonald's
MCD
$192B
| $189M | 0.12% |
764,000
+395,100
| +107% | +$97.3M |
|
99
Bio-Rad Laboratories Class A
BIO
$10.2B
| $188M | 0.12% |
379,329
+89,424
| +31% | +$46.6M |
|
100
Waters Corp
WAT
$40.4B
| $188M | 0.12% |
566,916
+509,071
| +880% | +$162M |
|
Similar funds
Israel Englander's Q2 2022 Portfolio in Review
As of Q2 2022, Israel Englander held 7,971 positions worth $161B, down 15% from $189B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Israel Englander deployed $7.94B of net new capital in Q2 2022, opening 1,144 new positions and adding to 2,588 existing holdings. Its largest new stake was M&T Bank: 828,809 shares worth $132M.
By sector, the portfolio is most concentrated in Technology at 7.8% of assets, up from 7.2% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was ExxonMobil, an estimated $385M trimmed.
- Israel Englander's largest Q2 2022 buy was M&T Bank: 828,809 shares worth $132M.
- Israel Englander added most to Invesco QQQ Trust in Q2 2022, an estimated $517M increase.
- Israel Englander's biggest Q2 2022 reduction was ExxonMobil, cutting an estimated $385M.
- Israel Englander fully exited Cerner Corp in Q2 2022, selling an estimated $517M.
- Israel Englander's ten largest holdings make up 23% of its $161B portfolio in Q2 2022.
- Israel Englander opened 1,144 new positions and closed 1,065 in Q2 2022.
- Israel Englander's portfolio value fell 15% quarter-over-quarter to $161B.
Based on Millennium Management's 13F filing for Q2 2022, filed 15 Aug 2022.