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 |
Linde
LIN
|
+$374M |
| 2 |
AT&T
T
|
+$293M |
| 3 |
NVIDIA
NVDA
|
+$291M |
| 4 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$283M |
| 5 |
Williams Companies
WMB
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.09B |
| 2 |
Lam Research
LRCX
|
+$351M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$330M |
| 4 |
Apple
AAPL
|
+$328M |
| 5 |
Boeing
BA
|
+$292M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.38% |
| 2 | Healthcare | 7.98% |
| 3 | Financials | 6.14% |
| 4 | Consumer Discretionary | 5.62% |
| 5 | Industrials | 5.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1051
Madrigal Pharmaceuticals
MDGL
$11.8B
| $29.1M | 0.02% |
+120,287
| New | +$32.8M |
|
1052
CALL
Spectrum Brands
SPB
$2.03B
| $28.9M | 0.02% |
436,400
+336,400
| +336% | +$21.2M |
|
1053
Newell Brands
NWL
$2.59B
| $28.9M | 0.02% |
2,322,668
-253,273
| -10% | -$3.57M |
|
|
XM
1054
DELISTED
Qualtrics International Inc. Class A Common Stock
XM
| $28.9M | 0.02% |
1,618,463
-201,827
| -11% | -$3.08M |
|
1055
Energizer
ENR
$1.47B
| $28.8M | 0.02% |
831,129
+148,493
| +22% | +$5.26M |
|
1056
Bank of America
BAC
$436B
| $28.8M | 0.02% |
1,007,720
+800,161
| +386% | +$26.4M |
|
1057
WEX
WEX
$6.93B
| $28.8M | 0.02% |
156,682
-204,714
| -57% | -$37.3M |
|
|
PLYA
1058
DELISTED
Playa Hotels & Resorts
PLYA
| $28.8M | 0.02% |
2,999,981
+874,647
| +41% | +$6.98M |
|
1059
CALL
B2Gold
BTG
$7.56B
| $28.8M | 0.02% |
+7,300,000
| New | +$27.2M |
|
|
AMED
1060
DELISTED
Amedisys
AMED
| $28.7M | 0.02% |
390,126
-87,955
| -18% | -$7.61M |
|
1061
Essex Property Trust
ESS
$18.9B
| $28.6M | 0.02% |
136,966
-751,892
| -85% | -$166M |
|
1062
MDU Resources
MDU
$4.2B
| $28.6M | 0.02% |
2,470,327
-154,125
| -6% | -$1.79M |
|
1063
Carvana
CVNA
$79.5B
| $28.6M | 0.02% |
14,612,260
+9,866,490
| +208% | +$17.1M |
|
1064
First Interstate BancSystem
FIBK
$3.55B
| $28.6M | 0.02% |
957,562
+532,036
| +125% | +$18.7M |
|
1065
Oscar Health
OSCR
$9.82B
| $28.4M | 0.02% |
4,349,695
+1,694,285
| +64% | +$6.92M |
|
1066
CALL
Moderna
MRNA
$55.4B
| $28.4M | 0.02% |
185,200
+48,000
| +35% | +$7.92M |
|
1067
Equity Lifestyle Properties
ELS
$12.8B
| $28.4M | 0.02% |
423,653
+411,727
| +3,452% | +$27.9M |
|
1068
Abercrombie & Fitch
ANF
$4.99B
| $28.4M | 0.02% |
1,023,426
+7,316
| +0.7% | +$204K |
|
1069
Orion
OEC
$340M
| $28.4M | 0.02% |
1,087,264
+368,439
| +51% | +$8.33M |
|
1070
CALL
Prologis
PLD
$136B
| $28.3M | 0.02% |
227,100
+20,400
| +10% | +$2.51M |
|
1071
CALL
Toronto Dominion Bank
TD
$193B
| $28.3M | 0.02% |
350,000
+225,000
| +180% | +$14.5M |
|
1072
Equinor
EQNR
$101B
| $28.3M | 0.02% |
993,824
+191,015
| +24% | +$5.76M |
|
1073
PUT
MSCI
MSCI
$41.5B
| $28.2M | 0.02% |
+50,400
| New | +$26.7M |
|
1074
Donaldson
DCI
$10.7B
| $28.1M | 0.02% |
430,044
+312,568
| +266% | +$19.6M |
|
1075
Chefs' Warehouse
CHEF
$4.63B
| $28M | 0.02% |
823,438
+33,829
| +4% | +$1.19M |
|
Similar funds
Israel Englander's Q1 2023 Portfolio in Review
As of Q1 2023, Israel Englander held 7,511 positions worth $174B, down 3.5% from $181B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Israel Englander withdrew a net $18.1B in Q1 2023, closing 1,206 positions and reducing 2,570 holdings. Its most notable exit was Apollo Global Management, an estimated $112M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.4% of assets, up from 8.2% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in Warner Bros worth $96.9M.
- Israel Englander's largest Q1 2023 buy was Warner Bros: 6,417,147 shares worth $96.9M.
- Israel Englander added most to Linde in Q1 2023, an estimated $374M increase.
- Israel Englander's biggest Q1 2023 reduction was Invesco QQQ Trust, cutting an estimated $1.09B.
- Israel Englander fully exited Apollo Global Management in Q1 2023, selling an estimated $112M.
- Israel Englander's ten largest holdings make up 25% of its $174B portfolio in Q1 2023.
- Israel Englander opened 987 new positions and closed 1,206 in Q1 2023.
- Israel Englander's portfolio value fell 3.5% quarter-over-quarter to $174B.
Based on Millennium Management's 13F filing for Q1 2023, filed 15 May 2023.