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
|
+$1.38B |
| 2 |
Microsoft
MSFT
|
+$667M |
| 3 |
Spotify
SPOT
|
+$528M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$438M |
| 5 |
Eli Lilly
LLY
|
+$412M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.59B |
| 2 |
Amazon
AMZN
|
+$1.45B |
| 3 |
Merck
MRK
|
+$925M |
| 4 |
Broadcom
AVGO
|
+$765M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$672M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.59% |
| 2 | Healthcare | 7.29% |
| 3 | Financials | 7.2% |
| 4 | Industrials | 6.31% |
| 5 | Consumer Discretionary | 4.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
SPS Commerce
SPSC
$2.93B
| $35.7M | 0.02% |
184,117
+87,081
| +90% | +$17.1M |
|
1027
PUT
Rivian
RIVN
$24B
| $35.7M | 0.02% |
3,185,500
+1,905,100
| +149% | +$27.4M |
|
1028
Five Below
FIVE
$14.5B
| $35.4M | 0.02% |
401,013
-130,802
| -25% | -$11M |
|
1029
PUT
ResMed
RMD
$33.5B
| $35.4M | 0.02% |
145,100
-33,600
| -19% | -$7.51M |
|
1030
Jefferies Financial Group
JEF
$12B
| $35.4M | 0.02% |
574,697
-114,863
| -17% | -$6.52M |
|
1031
PUT
Canadian Imperial Bank of Commerce
CM
$105B
| $35.3M | 0.02% |
425,600
-74,400
| -15% | -$4.03M |
|
1032
PUT
Mondelez International
MDLZ
$82.6B
| $35.3M | 0.02% |
479,000
+370,300
| +341% | +$26M |
|
1033
Chemours
CC
$2.32B
| $35.2M | 0.02% |
1,733,725
+1,189,593
| +219% | +$24.3M |
|
1034
Stellantis
STLA
$19.7B
| $35.1M | 0.02% |
2,502,849
+1,041,811
| +71% | +$17.7M |
|
1035
CALL
Blackstone
BX
$108B
| $35M | 0.02% |
228,700
+20,400
| +10% | +$2.83M |
|
1036
SITE Centers
SITC
$161M
| $35M | 0.02% |
2,967,795
+653,847
| +28% | +$7.67M |
|
|
JWN
1037
DELISTED
Nordstrom
JWN
| $34.9M | 0.02% |
1,549,752
-136,396
| -8% | -$3.03M |
|
1038
AerCap
AER
$23.2B
| $34.8M | 0.02% |
367,819
+67,450
| +22% | +$6.32M |
|
1039
CALL
Palantir
PLTR
$423B
| $34.7M | 0.02% |
932,600
+820,100
| +729% | +$25.2M |
|
1040
FedEx
FDX
$79.1B
| $34.7M | 0.02% |
126,710
-583,254
| -82% | -$169M |
|
1041
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $34.6M | 0.02% |
1,211,702
+761,700
| +169% | +$18M |
|
1042
PUT
iShares US Real Estate ETF
IYR
$4.67B
| $34.6M | 0.02% |
339,900
-18,600
| -5% | -$1.79M |
|
1043
JetBlue
JBLU
$1.87B
| $34.6M | 0.02% |
5,275,816
+5,076,976
| +2,553% | +$28.6M |
|
1044
Baytex Energy
BTE
$3.3B
| $34.6M | 0.02% |
11,642,599
+1,507,749
| +15% | +$5.13M |
|
1045
McGrath RentCorp
MGRC
$2.85B
| $34.6M | 0.02% |
328,573
+41,437
| +14% | +$4.39M |
|
1046
Tractor Supply
TSCO
$18.7B
| $34.5M | 0.02% |
592,895
+203,490
| +52% | +$10.9M |
|
1047
Generac Holdings
GNRC
$12B
| $34.4M | 0.02% |
216,819
-50,626
| -19% | -$7.51M |
|
1048
Federal Realty Investment Trust
FRT
$10.2B
| $34.4M | 0.02% |
298,987
-116,616
| -28% | -$13M |
|
1049
PBF Energy
PBF
$8.24B
| $34.2M | 0.02% |
1,106,577
+645,969
| +140% | +$23.5M |
|
1050
PUT
Cencora
COR
$61.8B
| $34.2M | 0.02% |
152,100
-28,900
| -16% | -$6.71M |
|
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Israel Englander's Q3 2024 Portfolio in Review
As of Q3 2024, Israel Englander held 6,698 positions worth $211B, down 2.3% from $216B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Israel Englander withdrew a net $20.6B in Q3 2024, closing 667 positions and reducing 2,445 holdings. Its most notable exit was WestRock Company, an estimated $161M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.6% of assets, down from 10% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in Smurfit Westrock worth $94.1M.
- Israel Englander's largest Q3 2024 buy was Smurfit Westrock: 1,904,931 shares worth $94.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $1.38B increase.
- Israel Englander's biggest Q3 2024 reduction was Apple, cutting an estimated $2.59B.
- Israel Englander fully exited WestRock Company in Q3 2024, selling an estimated $161M.
- Israel Englander's ten largest holdings make up 17% of its $211B portfolio in Q3 2024.
- Israel Englander opened 898 new positions and closed 667 in Q3 2024.
- Israel Englander's portfolio value fell 2.3% quarter-over-quarter to $211B.
Based on Millennium Management's 13F filing for Q3 2024, filed 14 Nov 2024.