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
|
+$1.59B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.04B |
| 3 |
Microsoft
MSFT
|
+$794M |
| 4 |
Home Depot
HD
|
+$512M |
| 5 |
Vertex Pharmaceuticals
VRTX
|
+$357M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$491M |
| 2 |
Linde
LIN
|
+$373M |
| 3 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$298M |
| 4 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$290M |
| 5 |
Salesforce
CRM
|
+$249M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.38% |
| 2 | Healthcare | 7.46% |
| 3 | Consumer Discretionary | 5.14% |
| 4 | Industrials | 5.11% |
| 5 | Financials | 4.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ROIC
1076
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $29.3M | 0.01% |
2,166,234
-399,896
| -16% | -$5.18M |
|
1077
Qorvo
QRVO
$8.41B
| $29.2M | 0.01% |
286,657
+108,937
| +61% | +$10.5M |
|
|
CWEN.A
1078
DELISTED
Clearway Energy Class A
CWEN.A
| $29.2M | 0.01% |
1,082,712
+802,837
| +287% | +$23.3M |
|
|
HES
1079
CALL
DELISTED
Hess
HES
| $29.2M | 0.01% |
214,600
-36,700
| -15% | -$5.02M |
|
1080
Jacobs Solutions
J
$17.7B
| $29.2M | 0.01% |
296,632
-835,728
| -74% | -$79.7M |
|
1081
AstraZeneca
AZN
$259B
| $29.2M | 0.01% |
203,703
+202,175
| +13,231% | +$29.7M |
|
1082
Designer Brands
DBI
$297M
| $29.1M | 0.01% |
2,885,969
+2,653,535
| +1,142% | +$21.9M |
|
1083
CALL
Verizon
VZ
$208B
| $29.1M | 0.01% |
782,200
+374,300
| +92% | +$13.9M |
|
1084
CALL
Agilent Technologies
A
$43.3B
| $29M | 0.01% |
241,100
+192,100
| +392% | +$24.5M |
|
1085
United Therapeutics
UTHR
$22B
| $29M | 0.01% |
131,247
-126,594
| -49% | -$28M |
|
1086
KE Holdings
BEKE
$19.5B
| $29M | 0.01% |
1,950,557
+1,188,087
| +156% | +$19.4M |
|
|
MCW
1087
DELISTED
Mister Car Wash
MCW
| $28.9M | 0.01% |
2,998,867
+2,592,513
| +638% | +$22.5M |
|
1088
CALL
Automatic Data Processing
ADP
$112B
| $28.9M | 0.01% |
131,600
+36,100
| +38% | +$7.78M |
|
1089
CALL
Toronto Dominion Bank
TD
$193B
| $28.7M | 0.01% |
350,000
| – | – |
|
|
1090
PUT
Toronto Dominion Bank
TD
$193B
| $28.7M | 0.01% |
350,000
-350,000
| -50% | -$21.1M |
|
1091
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.9B
| $28.7M | 0.01% |
83,577
+75,672
| +957% | +$25.5M |
|
1092
Avnet
AVT
$7.08B
| $28.7M | 0.01% |
569,559
+477,446
| +518% | +$21M |
|
1093
BioMarin Pharmaceuticals
BMRN
$12.6B
| $28.6M | 0.01% |
330,407
+792
| +0.2% | +$74.5K |
|
1094
VF Corp
VFC
$5.63B
| $28.6M | 0.01% |
1,499,248
-5,623,870
| -79% | -$115M |
|
1095
Arcos Dorados Holdings
ARCO
$1.7B
| $28.4M | 0.01% |
2,775,304
-78,692
| -3% | -$673K |
|
1096
PUT
Eaton
ETN
$159B
| $28.3M | 0.01% |
140,900
-130,000
| -48% | -$22.9M |
|
1097
Tower Semiconductor
TSEM
$23.9B
| $28.3M | 0.01% |
753,075
-298,665
| -28% | -$12.4M |
|
1098
Equitable Holdings
EQH
$13.4B
| $28.2M | 0.01% |
1,039,273
+867,905
| +506% | +$22M |
|
1099
PUT
iShares Russell 2000 Value ETF
IWN
$14.6B
| $28.2M | 0.01% |
200,000
| – | – |
|
1100
Paylocity
PCTY
$8.09B
| $28.1M | 0.01% |
152,491
-169,582
| -53% | -$31M |
|
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Israel Englander's Q2 2023 Portfolio in Review
As of Q2 2023, Israel Englander held 7,181 positions worth $203B, up 16% from $174B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Israel Englander deployed $14B of net new capital in Q2 2023, opening 870 new positions and adding to 2,213 existing holdings. Its largest new stake was ResMed: 632,015 shares worth $138M.
By sector, the portfolio is most concentrated in Technology at 8.4% of assets, down from 8.4% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Tesla, an estimated $491M trimmed.
- Israel Englander's largest Q2 2023 buy was ResMed: 632,015 shares worth $138M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q2 2023, an estimated $1.59B increase.
- Israel Englander's biggest Q2 2023 reduction was Tesla, cutting an estimated $491M.
- Israel Englander fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $237M.
- Israel Englander's ten largest holdings make up 26% of its $203B portfolio in Q2 2023.
- Israel Englander opened 870 new positions and closed 1,192 in Q2 2023.
- Israel Englander's portfolio value rose 16% quarter-over-quarter to $203B.
Based on Millennium Management's 13F filing for Q2 2023, filed 14 Aug 2023.