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
|
+$917M |
| 2 |
Salesforce
CRM
|
+$378M |
| 3 |
Boeing
BA
|
+$297M |
| 4 |
DexCom
DXCM
|
+$292M |
| 5 |
Amazon
AMZN
|
+$267M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DRE
Duke Realty Corp.
DRE
|
+$779M |
| 2 |
Chevron
CVX
|
+$569M |
| 3 |
Home Depot
HD
|
+$292M |
| 4 |
PepsiCo
PEP
|
+$259M |
| 5 |
Chubb
CB
|
+$248M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.23% |
| 2 | Healthcare | 7.53% |
| 3 | Financials | 7.5% |
| 4 | Industrials | 5.83% |
| 5 | Consumer Discretionary | 5.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Gilead Sciences
GILD
$181B
| $283M | 0.16% |
3,295,360
-77,474
| -2% | -$6.14M |
|
77
CALL
Goldman Sachs
GS
$303B
| $282M | 0.16% |
821,800
+63,600
| +8% | +$22.1M |
|
78
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $281M | 0.16% |
2,066,600
+407,100
| +25% | +$53.9M |
|
79
DTE Energy
DTE
$28.1B
| $280M | 0.15% |
2,379,882
+1,647,053
| +225% | +$187M |
|
80
PUT
Cigna
CI
$73.3B
| $279M | 0.15% |
842,300
+45,300
| +6% | +$14.3M |
|
81
Lowe's Companies
LOW
$121B
| $278M | 0.15% |
1,396,060
+280,627
| +25% | +$56.1M |
|
82
Tesla
TSLA
$1.43T
| $278M | 0.15% |
2,257,755
+795,852
| +54% | +$151M |
|
83
TSMC
TSM
$2.17T
| $276M | 0.15% |
3,705,880
+1,496,060
| +68% | +$108M |
|
|
NVO
84
Novo Nordisk
NVO
$207B
| $275M | 0.15% |
4,063,106
+2,233,160
| +122% | +$131M |
|
85
PUT
Bank of America
BAC
$431B
| $275M | 0.15% |
8,290,700
-1,999,900
| -19% | -$68.9M |
|
|
SJR
86
DELISTED
Shaw Communications Inc.
SJR
| $273M | 0.15% |
9,478,829
+1,885,136
| +25% | +$49.4M |
|
87
PUT
T-Mobile US
TMUS
$196B
| $270M | 0.15% |
1,928,500
-342,900
| -15% | -$49.3M |
|
|
88
PUT
Boeing
BA
$169B
| $269M | 0.15% |
1,410,000
+225,900
| +19% | +$36.9M |
|
89
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $268M | 0.15% |
3,633,100
+2,473,100
| +213% | +$182M |
|
90
CALL
Broadcom
AVGO
$1.75T
| $265M | 0.15% |
4,734,000
+2,415,000
| +104% | +$121M |
|
91
CALL
AbbVie
ABBV
$468B
| $263M | 0.15% |
1,625,700
+664,700
| +69% | +$102M |
|
92
PUT
Eli Lilly
LLY
$1.12T
| $261M | 0.14% |
713,100
+222,800
| +45% | +$79M |
|
|
93
CALL
Bank of America
BAC
$431B
| $260M | 0.14% |
7,861,100
-277,200
| -3% | -$9.55M |
|
94
Ecolab
ECL
$78.9B
| $257M | 0.14% |
1,763,826
+1,475,742
| +512% | +$217M |
|
95
CALL
Advanced Micro Devices
AMD
$773B
| $256M | 0.14% |
3,947,800
+2,018,800
| +105% | +$133M |
|
96
PUT
Automatic Data Processing
ADP
$112B
| $255M | 0.14% |
1,069,400
+107,700
| +11% | +$26.4M |
|
97
CALL
Lockheed Martin
LMT
$130B
| $254M | 0.14% |
523,100
+202,200
| +63% | +$94M |
|
|
98
CALL
Home Depot
HD
$335B
| $254M | 0.14% |
803,100
+185,600
| +30% | +$56.5M |
|
|
99
PUT
Lowe's Companies
LOW
$121B
| $254M | 0.14% |
1,272,900
+486,300
| +62% | +$97.2M |
|
|
100
PUT
AbbVie
ABBV
$468B
| $251M | 0.14% |
1,552,600
+600,400
| +63% | +$92.1M |
|
Similar funds
Israel Englander's Q4 2022 Portfolio in Review
As of Q4 2022, Israel Englander held 7,859 positions worth $181B, up 6.9% from $169B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander's Q4 2022 filing shows 848 new, 2,516 increased, 2,491 reduced and 1,333 closed positions. Its largest new stake was Keurig Dr Pepper: 4,680,704 shares worth $167M. The largest sale was Duke Realty Corp., an estimated $779M.
By sector, the portfolio is most concentrated in Technology at 8.2% of assets, up from 7.9% a quarter earlier, followed by Healthcare and Financials.
- Israel Englander's largest Q4 2022 buy was Keurig Dr Pepper: 4,680,704 shares worth $167M.
- Israel Englander added most to Invesco QQQ Trust in Q4 2022, an estimated $917M increase.
- Israel Englander's biggest Q4 2022 reduction was Chevron, cutting an estimated $569M.
- Israel Englander fully exited Duke Realty Corp. in Q4 2022, selling an estimated $779M.
- Israel Englander's ten largest holdings make up 20% of its $181B portfolio in Q4 2022.
- Israel Englander opened 848 new positions and closed 1,333 in Q4 2022.
- Israel Englander's portfolio value rose 6.9% quarter-over-quarter to $181B.
Based on Millennium Management's 13F filing for Q4 2022, filed 14 Feb 2023.