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 |
iShares Core S&P 500 ETF
IVV
|
+$4.37B |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$488M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$449M |
| 4 |
Apple
AAPL
|
+$402M |
| 5 |
HES
Hess
HES
|
+$377M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.47B |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$1.44B |
| 3 |
NVIDIA
NVDA
|
+$783M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$722M |
| 5 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$650M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.34% |
| 2 | Healthcare | 6.09% |
| 3 | Financials | 5% |
| 4 | Consumer Discretionary | 4.53% |
| 5 | Industrials | 4.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
PUT
Mastercard
MA
$509B
| $368M | 0.16% |
863,300
+182,700
| +27% | +$73.4M |
|
77
Linde
LIN
$225B
| $358M | 0.16% |
872,207
+829,120
| +1,924% | +$327M |
|
78
PUT
Adobe
ADBE
$109B
| $358M | 0.15% |
600,100
+76,900
| +15% | +$44.4M |
|
79
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $358M | 0.15% |
+3,235,000
| New | +$337M |
|
80
Elevance Health
ELV
$86.9B
| $357M | 0.15% |
757,987
-231,392
| -23% | -$107M |
|
81
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $353M | 0.15% |
990,900
+164,200
| +20% | +$57.6M |
|
82
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $350M | 0.15% |
9,305,300
+167,000
| +2% | +$5.78M |
|
83
PUT
Pinduoduo
PDD
$126B
| $349M | 0.15% |
2,385,600
+1,047,300
| +78% | +$127M |
|
84
Advanced Micro Devices
AMD
$773B
| $349M | 0.15% |
2,367,702
-1,376,022
| -37% | -$162M |
|
85
CALL
Boeing
BA
$169B
| $347M | 0.15% |
1,331,600
+764,000
| +135% | +$163M |
|
86
Medtronic
MDT
$119B
| $346M | 0.15% |
4,204,692
+3,179,087
| +310% | +$242M |
|
87
Nasdaq
NDAQ
$54.9B
| $345M | 0.15% |
5,926,415
+3,465,577
| +141% | +$183M |
|
88
Intel
INTC
$476B
| $342M | 0.15% |
6,814,699
+1,532,812
| +29% | +$62.3M |
|
89
Citigroup
C
$221B
| $336M | 0.15% |
6,537,680
-1,025,967
| -14% | -$45.4M |
|
90
PUT
Home Depot
HD
$335B
| $333M | 0.14% |
961,800
+526,400
| +121% | +$163M |
|
91
PUT
Caterpillar
CAT
$381B
| $328M | 0.14% |
1,109,700
+191,500
| +21% | +$49.7M |
|
92
PUT
Wells Fargo
WFC
$254B
| $327M | 0.14% |
6,636,000
-1,555,600
| -19% | -$67.1M |
|
93
PUT
Occidental Petroleum
OXY
$61.3B
| $319M | 0.14% |
5,346,600
+413,500
| +8% | +$25.2M |
|
|
SPLK
94
DELISTED
Splunk Inc
SPLK
| $319M | 0.14% |
2,095,095
+1,110,212
| +113% | +$166M |
|
95
PUT
Walmart Inc
WMT
$825B
| $317M | 0.14% |
6,033,000
+1,052,100
| +21% | +$55.7M |
|
|
96
PUT
Intel
INTC
$476B
| $307M | 0.13% |
6,105,100
+1,821,500
| +43% | +$74M |
|
|
97
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $306M | 0.13% |
1,516,091
+1,396,011
| +1,163% | +$488M |
|
98
PUT
Visa
V
$693B
| $304M | 0.13% |
1,167,400
+144,700
| +14% | +$35.7M |
|
99
PUT
Micron Technology
MU
$1.09T
| $301M | 0.13% |
3,524,800
-118,500
| -3% | -$8.8M |
|
100
Qualcomm
QCOM
$169B
| $300M | 0.13% |
2,071,359
+435,871
| +27% | +$54M |
|
Similar funds
Israel Englander's Q4 2023 Portfolio in Review
As of Q4 2023, Israel Englander held 6,891 positions worth $231B, up 17% from $198B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Israel Englander deployed $7.99B of net new capital in Q4 2023, opening 816 new positions and adding to 2,304 existing holdings. Its largest new stake was Ferguson: 906,589 shares worth $175M.
By sector, the portfolio is most concentrated in Technology at 8.3% of assets, down from 9.2% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $2.47B trimmed.
- Israel Englander's largest Q4 2023 buy was Ferguson: 906,589 shares worth $175M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q4 2023, an estimated $4.37B increase.
- Israel Englander's biggest Q4 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.47B.
- Israel Englander fully exited Activision Blizzard in Q4 2023, selling an estimated $1.44B.
- Israel Englander's ten largest holdings make up 21% of its $231B portfolio in Q4 2023.
- Israel Englander opened 816 new positions and closed 883 in Q4 2023.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $231B.
Based on Millennium Management's 13F filing for Q4 2023, filed 14 Feb 2024.