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 | |
|---|---|---|---|---|---|---|
1101
Installed Building Products
IBP
$6.51B
| $27M | 0.02% |
237,140
-7,853
| -3% | -$846K |
|
1102
CALL
Prudential Financial
PRU
$40.9B
| $27M | 0.02% |
326,800
-52,500
| -14% | -$5.01M |
|
1103
PUT
Stryker
SYK
$126B
| $27M | 0.02% |
94,700
-9,500
| -9% | -$2.52M |
|
|
CSGS
1104
DELISTED
CSG Systems International
CSGS
| $27M | 0.02% |
502,917
+304,808
| +154% | +$17.3M |
|
|
ITCI
1105
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $27M | 0.02% |
498,388
-898,232
| -64% | -$43.4M |
|
|
1106
PUT
Linde
LIN
$224B
| $27M | 0.02% |
75,900
-80,200
| -51% | -$26.9M |
|
1107
PENN Entertainment
PENN
$2.46B
| $27M | 0.02% |
908,714
-661,197
| -42% | -$20.5M |
|
|
INFN
1108
DELISTED
Infinera Corporation Common Stock
INFN
| $27M | 0.02% |
3,473,121
-814,319
| -19% | -$5.92M |
|
1109
PUT
TJX Companies
TJX
$155B
| $26.8M | 0.02% |
342,300
-454,600
| -57% | -$35.8M |
|
1110
iShares 0-1 Year Treasury Bond ETF
SHV
$20.8B
| $26.8M | 0.02% |
242,718
-16,179
| -6% | -$1.78M |
|
1111
Newmont
NEM
$138B
| $26.8M | 0.02% |
546,650
-1,792,317
| -77% | -$86.9M |
|
1112
PUT
United Parcel Service
UPS
$89.1B
| $26.8M | 0.02% |
137,900
-755,400
| -85% | -$139M |
|
1113
Ollie's Bargain Outlet
OLLI
$4.53B
| $26.7M | 0.02% |
461,670
-379,670
| -45% | -$20.9M |
|
1114
Hamilton Lane
HLNE
$4.49B
| $26.7M | 0.02% |
361,333
-143,695
| -28% | -$10.6M |
|
1115
PUT
CSX Corp
CSX
$95.4B
| $26.7M | 0.02% |
892,800
-537,900
| -38% | -$16.5M |
|
1116
Kite Realty
KRG
$5.25B
| $26.7M | 0.02% |
1,277,646
-154,137
| -11% | -$3.24M |
|
1117
Canadian Solar
CSIQ
$961M
| $26.7M | 0.02% |
670,027
+307,309
| +85% | +$12.2M |
|
1118
Chemours
CC
$2.3B
| $26.6M | 0.02% |
889,904
+624,912
| +236% | +$20.6M |
|
1119
PUT
Qorvo
QRVO
$8.2B
| $26.5M | 0.02% |
261,300
+700
| +0.3% | +$71K |
|
1120
KraneShares CSI China Internet ETF
KWEB
$5.21B
| $26.5M | 0.02% |
850,818
+342,864
| +67% | +$11M |
|
|
SPLK
1121
PUT
DELISTED
Splunk Inc
SPLK
| $26.5M | 0.02% |
276,700
-54,700
| -17% | -$5.24M |
|
1122
CNA Financial
CNA
$13.3B
| $26.5M | 0.02% |
678,951
+2,187
| +0.3% | +$91.7K |
|
|
CHCT
1123
Community Healthcare Trust
CHCT
$427M
| $26.4M | 0.02% |
721,294
+7,185
| +1% | +$280K |
|
1124
PUT
Philip Morris
PM
$297B
| $26.4M | 0.02% |
271,200
-165,300
| -38% | -$16.5M |
|
1125
Chemed
CHE
$7.05B
| $26.4M | 0.02% |
49,010
-16,417
| -25% | -$8.37M |
|
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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.