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 Bitcoin Trust
IBIT
|
+$651M |
| 2 |
Fidelity Wise Origin Bitcoin Fund
FBTC
|
+$622M |
| 3 |
Merck
MRK
|
+$496M |
| 4 |
Adobe
ADBE
|
+$446M |
| 5 |
CRH
CRH
|
+$410M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$4.33B |
| 2 |
Microsoft
MSFT
|
+$965M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$542M |
| 4 |
NVIDIA
NVDA
|
+$522M |
| 5 |
Linde
LIN
|
+$377M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.55% |
| 2 | Healthcare | 6.96% |
| 3 | Financials | 6.02% |
| 4 | Industrials | 5.05% |
| 5 | Consumer Discretionary | 4.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
PUT
Pultegroup
PHM
$24.7B
| $35.4M | 0.02% |
293,200
+94,100
| +47% | +$10.1M |
|
1027
Murphy Oil
MUR
$5.16B
| $35.3M | 0.02% |
772,172
+151,861
| +24% | +$6.13M |
|
|
LBRDK
1028
DELISTED
Liberty Broadband Class C
LBRDK
| $35.3M | 0.02% |
616,567
+177,123
| +40% | +$11.7M |
|
1029
CALL
Wynn Resorts
WYNN
$10.2B
| $35.3M | 0.02% |
345,000
+240,800
| +231% | +$23.9M |
|
1030
Sotera Health
SHC
$5.47B
| $35.3M | 0.02% |
2,936,512
+301,326
| +11% | +$4.48M |
|
1031
CALL
Darden Restaurants
DRI
$25.6B
| $35.2M | 0.02% |
210,500
+63,800
| +43% | +$10.6M |
|
1032
Delek US
DK
$4.17B
| $35M | 0.02% |
1,139,107
+507,085
| +80% | +$13.7M |
|
1033
WEX
WEX
$6.93B
| $35M | 0.01% |
147,313
-109,349
| -43% | -$23.5M |
|
1034
Applied Industrial Technologies
AIT
$12.4B
| $35M | 0.01% |
177,055
+168,348
| +1,933% | +$30.8M |
|
1035
PUT
Ares Capital
ARCC
$14.4B
| $34.9M | 0.01% |
1,678,000
+118,900
| +8% | +$2.41M |
|
|
VRE
1036
DELISTED
Veris Residential
VRE
| $34.9M | 0.01% |
2,294,488
+329,720
| +17% | +$4.99M |
|
1037
Primoris Services
PRIM
$4.04B
| $34.9M | 0.01% |
818,880
-133,329
| -14% | -$4.92M |
|
1038
PUT
Canadian Natural Resources
CNQ
$104B
| $34.9M | 0.01% |
789,400
-1,133,400
| -59% | -$37.9M |
|
1039
CALL
Elevance Health
ELV
$87.3B
| $34.8M | 0.01% |
67,200
-53,700
| -44% | -$26.7M |
|
1040
CALL
Roper Technologies
ROP
$41.1B
| $34.8M | 0.01% |
62,100
+100
| +0.2% | +$54.6K |
|
1041
PACCAR
PCAR
$68.4B
| $34.7M | 0.01% |
280,456
+126,221
| +82% | +$13.6M |
|
|
SWTX
1042
DELISTED
SpringWorks Therapeutics
SWTX
| $34.7M | 0.01% |
705,539
+671,334
| +1,963% | +$31M |
|
1043
CALL
KLA
KLAC
$237B
| $34.7M | 0.01% |
497,000
-324,000
| -39% | -$20.8M |
|
|
VRN
1044
DELISTED
Veren
VRN
| $34.7M | 0.01% |
4,242,682
-2,135,067
| -33% | -$15M |
|
1045
Federated Hermes
FHI
$4.83B
| $34.6M | 0.01% |
959,292
-576,676
| -38% | -$20.3M |
|
1046
PTC
PTC
$16.7B
| $34.6M | 0.01% |
183,135
-326,201
| -64% | -$58.8M |
|
1047
PUT
Marathon Petroleum
MPC
$102B
| $34.6M | 0.01% |
171,600
-184,400
| -52% | -$31.5M |
|
1048
Valmont Industries
VMI
$9.29B
| $34.6M | 0.01% |
151,380
+38,994
| +35% | +$8.73M |
|
1049
PUT
Oneok
OKE
$58.6B
| $34.6M | 0.01% |
431,000
-33,400
| -7% | -$2.44M |
|
1050
American Eagle Outfitters
AEO
$2.83B
| $34.5M | 0.01% |
1,338,749
-1,412,769
| -51% | -$31.4M |
|
Similar funds
Israel Englander's Q1 2024 Portfolio in Review
As of Q1 2024, Israel Englander held 6,887 positions worth $234B, up 1.3% from $231B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Israel Englander withdrew a net $25.1B in Q1 2024, closing 745 positions and reducing 2,484 holdings. Its most notable exit was Splunk Inc, an estimated $319M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.5% of assets, up from 8.3% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in iShares Bitcoin Trust worth $844M.
- Israel Englander's largest Q1 2024 buy was iShares Bitcoin Trust: 20,859,447 shares worth $844M.
- Israel Englander added most to Merck in Q1 2024, an estimated $496M increase.
- Israel Englander's biggest Q1 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $4.33B.
- Israel Englander fully exited Splunk Inc in Q1 2024, selling an estimated $319M.
- Israel Englander's ten largest holdings make up 17% of its $234B portfolio in Q1 2024.
- Israel Englander opened 858 new positions and closed 745 in Q1 2024.
- Israel Englander's portfolio value rose 1.3% quarter-over-quarter to $234B.
Based on Millennium Management's 13F filing for Q1 2024, filed 15 May 2024.