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
|
+$4.37B |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$488M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$449M |
| 4 |
Apple
AAPL
|
+$402M |
| 5 |
HES
Hess
HES
|
+$377M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.47B |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$1.44B |
| 3 |
NVIDIA
NVDA
|
+$783M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$722M |
| 5 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$650M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.34% |
| 2 | Healthcare | 6.09% |
| 3 | Financials | 5% |
| 4 | Consumer Discretionary | 4.53% |
| 5 | Industrials | 4.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1201
Forward Air
FWRD
$595M
| $28.9M | 0.01% |
459,498
+175,733
| +62% | +$11.8M |
|
1202
Alignment Healthcare
ALHC
$2.78B
| $28.8M | 0.01% |
3,350,739
-74,026
| -2% | -$541K |
|
1203
PUT
Zillow
Z
$8.23B
| $28.8M | 0.01% |
498,600
-19,100
| -4% | -$842K |
|
|
HBI
1204
DELISTED
Hanesbrands
HBI
| $28.8M | 0.01% |
6,464,131
+5,386,466
| +500% | +$21.9M |
|
1205
Consolidated Edison
ED
$39.7B
| $28.8M | 0.01% |
316,519
+195,992
| +163% | +$17.5M |
|
1206
New York Times
NYT
$10.9B
| $28.7M | 0.01% |
586,420
-123,536
| -17% | -$5.45M |
|
1207
Provident Financial Services
PFS
$3.06B
| $28.7M | 0.01% |
1,593,143
-523,572
| -25% | -$8.21M |
|
1208
PUT
Fortinet
FTNT
$113B
| $28.7M | 0.01% |
490,500
+238,600
| +95% | +$13.2M |
|
1209
CALL
Duke Energy
DUK
$94.9B
| $28.7M | 0.01% |
295,800
+148,900
| +101% | +$13.5M |
|
1210
McCormick & Company Non-Voting
MKC
$14.7B
| $28.7M | 0.01% |
418,828
+272,333
| +186% | +$17.8M |
|
1211
MetLife
MET
$60.4B
| $28.6M | 0.01% |
432,906
-496,546
| -53% | -$31.1M |
|
1212
CALL
Delta Air Lines
DAL
$54.2B
| $28.5M | 0.01% |
709,400
-662,900
| -48% | -$24M |
|
1213
Euronet Worldwide
EEFT
$2.62B
| $28.5M | 0.01% |
281,114
+222,654
| +381% | +$19M |
|
1214
Immunovant
IMVT
$9.01B
| $28.3M | 0.01% |
671,401
+12,769
| +2% | +$470K |
|
1215
CALL
Kraft Heinz
KHC
$30.1B
| $28.3M | 0.01% |
764,800
-21,000
| -3% | -$714K |
|
1216
Interactive Brokers
IBKR
$42.9B
| $28.2M | 0.01% |
1,362,384
-331,672
| -20% | -$6.79M |
|
1217
Honda
HMC
$41.2B
| $28.2M | 0.01% |
913,215
+646,291
| +242% | +$20.4M |
|
1218
Pinnacle West Capital
PNW
$11.9B
| $28.1M | 0.01% |
391,496
-717,715
| -65% | -$52.7M |
|
1219
PUT
CME Group
CME
$100B
| $28.1M | 0.01% |
133,500
-40,100
| -23% | -$8.56M |
|
1220
PUT
Aptiv
APTV
$9.57B
| $28.1M | 0.01% |
313,000
-77,800
| -20% | -$6.7M |
|
1221
Wabtec
WAB
$49.8B
| $28.1M | 0.01% |
221,066
-143,541
| -39% | -$16.2M |
|
1222
US Foods
USFD
$23.5B
| $28M | 0.01% |
615,751
+595,402
| +2,926% | +$24.6M |
|
|
SAVE
1223
DELISTED
Spirit Airlines, Inc.
SAVE
| $27.9M | 0.01% |
1,704,838
+757,437
| +80% | +$10.9M |
|
1224
State Street Materials Select Sector SPDR ETF
XLB
$8.84B
| $27.9M | 0.01% |
652,044
-133,678
| -17% | -$5.34M |
|
1225
Nextpower Inc
NXT
$12.9B
| $27.9M | 0.01% |
595,227
-45,387
| -7% | -$1.78M |
|
Similar funds
Israel Englander's Q4 2023 Portfolio in Review
As of Q4 2023, Israel Englander held 6,891 positions worth $231B, up 17% from $198B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Israel Englander deployed $7.99B of net new capital in Q4 2023, opening 816 new positions and adding to 2,304 existing holdings. Its largest new stake was Ferguson: 906,589 shares worth $175M.
By sector, the portfolio is most concentrated in Technology at 8.3% of assets, down from 9.2% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $2.47B trimmed.
- Israel Englander's largest Q4 2023 buy was Ferguson: 906,589 shares worth $175M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q4 2023, an estimated $4.37B increase.
- Israel Englander's biggest Q4 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.47B.
- Israel Englander fully exited Activision Blizzard in Q4 2023, selling an estimated $1.44B.
- Israel Englander's ten largest holdings make up 21% of its $231B portfolio in Q4 2023.
- Israel Englander opened 816 new positions and closed 883 in Q4 2023.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $231B.
Based on Millennium Management's 13F filing for Q4 2023, filed 14 Feb 2024.