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
|
+$3.7B |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$907M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$644M |
| 4 |
NVIDIA
NVDA
|
+$440M |
| 5 |
CRH
CRH
|
+$429M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$689M |
| 2 |
Home Depot
HD
|
+$377M |
| 3 |
Cigna
CI
|
+$322M |
| 4 |
Valero Energy
VLO
|
+$250M |
| 5 |
Amphenol
APH
|
+$242M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.23% |
| 2 | Healthcare | 7.6% |
| 3 | Financials | 5.15% |
| 4 | Consumer Discretionary | 5.03% |
| 5 | Industrials | 4.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Adobe
ADBE
$109B
| $310M | 0.16% |
607,621
-264,190
| -30% | -$139M |
|
77
PUT
Eli Lilly
LLY
$1.12T
| $309M | 0.16% |
576,100
-39,000
| -6% | -$20.1M |
|
78
Cencora
COR
$60.7B
| $309M | 0.16% |
1,718,603
+1,144,225
| +199% | +$211M |
|
79
PUT
VanEck Oil Services ETF
OIH
$1.95B
| $306M | 0.15% |
887,300
+4,400
| +0.5% | +$1.49M |
|
80
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $303M | 0.15% |
9,138,300
-2,873,800
| -24% | -$99M |
|
81
PUT
Lockheed Martin
LMT
$130B
| $302M | 0.15% |
738,000
+35,800
| +5% | +$15.9M |
|
82
PUT
JPMorgan Chase
JPM
$935B
| $300M | 0.15% |
2,071,700
-289,400
| -12% | -$43.4M |
|
83
Western Digital
WDC
$166B
| $300M | 0.15% |
8,687,346
-56,286
| -0.6% | -$1.78M |
|
84
KKR & Co
KKR
$97.4B
| $292M | 0.15% |
4,732,644
+2,796,668
| +144% | +$170M |
|
85
Automatic Data Processing
ADP
$112B
| $290M | 0.15% |
1,206,683
-224,995
| -16% | -$54.9M |
|
86
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $290M | 0.15% |
826,700
+33,800
| +4% | +$12M |
|
87
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $289M | 0.15% |
3,954,500
+1,736,300
| +78% | +$139M |
|
88
Johnson & Johnson
JNJ
$651B
| $288M | 0.15% |
1,850,465
+107,268
| +6% | +$17.7M |
|
89
Keysight
KEYS
$53.8B
| $279M | 0.14% |
2,109,085
+661,823
| +46% | +$98M |
|
90
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $277M | 0.14% |
3,441,200
+1,566,200
| +84% | +$132M |
|
|
SCHW
91
Charles Schwab
SCHW
$194B
| $274M | 0.14% |
4,993,697
+1,158,564
| +30% | +$70M |
|
92
Ares Management
ARES
$31.9B
| $270M | 0.14% |
2,621,017
+878,111
| +50% | +$88.8M |
|
93
PUT
Mastercard
MA
$509B
| $269M | 0.14% |
680,600
-62,300
| -8% | -$25M |
|
94
PUT
Deere & Co
DE
$175B
| $268M | 0.14% |
711,000
+2,000
| +0.3% | +$825K |
|
|
95
PUT
Adobe
ADBE
$109B
| $267M | 0.13% |
523,200
-25,600
| -5% | -$13.4M |
|
96
PUT
Walmart Inc
WMT
$825B
| $266M | 0.13% |
4,980,900
-281,700
| -5% | -$15M |
|
97
Intuitive Surgical
ISRG
$134B
| $262M | 0.13% |
896,034
-20,113
| -2% | -$6.28M |
|
98
Chevron
CVX
$403B
| $262M | 0.13% |
1,552,384
-1,132,030
| -42% | -$183M |
|
99
PUT
Goldman Sachs
GS
$303B
| $261M | 0.13% |
805,700
-649,900
| -45% | -$217M |
|
100
DexCom
DXCM
$34.8B
| $260M | 0.13% |
2,781,588
+878,123
| +46% | +$99M |
|
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Israel Englander's Q3 2023 Portfolio in Review
As of Q3 2023, Israel Englander held 6,895 positions worth $198B, down 2.3% from $203B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Israel Englander's Q3 2023 filing shows 836 new, 2,326 increased, 2,312 reduced and 834 closed positions. Its largest new stake was Mobileye: 2,953,164 shares worth $123M. The largest sale was iShares Core S&P 500 ETF, an estimated $689M.
By sector, the portfolio is most concentrated in Technology at 9.2% of assets, up from 8.4% a quarter earlier, followed by Healthcare and Financials.
- Israel Englander's largest Q3 2023 buy was Mobileye: 2,953,164 shares worth $123M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q3 2023, an estimated $3.7B increase.
- Israel Englander's biggest Q3 2023 reduction was iShares Core S&P 500 ETF, cutting an estimated $689M.
- Israel Englander fully exited Blackstone in Q3 2023, selling an estimated $178M.
- Israel Englander's ten largest holdings make up 21% of its $198B portfolio in Q3 2023.
- Israel Englander opened 836 new positions and closed 834 in Q3 2023.
- Israel Englander's portfolio value fell 2.3% quarter-over-quarter to $198B.
Based on Millennium Management's 13F filing for Q3 2023, filed 14 Nov 2023.