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
|
+$770M |
| 2 |
PRAH
PRA Health Sciences, Inc.
PRAH
|
+$580M |
| 3 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$391M |
| 4 |
PFPT
Proofpoint, Inc.
PFPT
|
+$322M |
| 5 |
UnitedHealth
UNH
|
+$283M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.21B |
| 2 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$351M |
| 3 |
RP
RealPage, Inc.
RP
|
+$316M |
| 4 |
Shopify
SHOP
|
+$312M |
| 5 |
Boeing
BA
|
+$310M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.24% |
| 2 | Healthcare | 7.69% |
| 3 | Financials | 5.89% |
| 4 | Consumer Discretionary | 5.65% |
| 5 | Industrials | 4.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Caesars Entertainment
CZR
$6.06B
| $196M | 0.12% |
1,889,958
+1,640,971
| +659% | +$166M |
|
102
Medtronic
MDT
$119B
| $196M | 0.12% |
1,576,973
-214,600
| -12% | -$26.9M |
|
103
PUT
AbbVie
ABBV
$468B
| $196M | 0.12% |
1,737,800
+45,700
| +3% | +$5.15M |
|
104
Verizon
VZ
$205B
| $195M | 0.12% |
3,474,329
+884,834
| +34% | +$50.8M |
|
105
AT&T
T
$173B
| $194M | 0.12% |
8,930,309
+7,135,541
| +398% | +$162M |
|
106
PUT
Mercado Libre
MELI
$97.5B
| $190M | 0.12% |
122,100
+62,200
| +104% | +$91.3M |
|
|
XYZ
107
PUT
Block Inc
XYZ
$49.4B
| $189M | 0.12% |
776,100
+346,000
| +80% | +$80.3M |
|
108
Pfizer
PFE
$160B
| $188M | 0.12% |
4,803,762
+4,307,185
| +867% | +$167M |
|
109
CSX Corp
CSX
$95.6B
| $188M | 0.12% |
5,860,892
+3,484,613
| +147% | +$115M |
|
|
110
PUT
UnitedHealth
UNH
$350B
| $187M | 0.12% |
468,000
-58,900
| -11% | -$23.5M |
|
111
PUT
Oracle
ORCL
$422B
| $186M | 0.11% |
2,390,000
+345,100
| +17% | +$27M |
|
112
Icon
ICLR
$13.3B
| $186M | 0.11% |
897,887
+727,236
| +426% | +$157M |
|
113
Ecolab
ECL
$78.9B
| $186M | 0.11% |
901,030
+875,362
| +3,410% | +$190M |
|
114
PUT
Zillow
Z
$8.07B
| $185M | 0.11% |
1,515,400
-211,700
| -12% | -$25.8M |
|
115
PUT
General Motors
GM
$77.2B
| $184M | 0.11% |
3,113,400
+1,794,000
| +136% | +$105M |
|
116
PUT
Zoom
ZM
$31.5B
| $184M | 0.11% |
475,200
+84,500
| +22% | +$28.1M |
|
117
McKesson
MCK
$100B
| $184M | 0.11% |
961,703
+706,481
| +277% | +$136M |
|
118
CALL
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $184M | 0.11% |
2,486,600
+781,400
| +46% | +$54.7M |
|
119
Intuitive Surgical
ISRG
$134B
| $183M | 0.11% |
597,858
-372,693
| -38% | -$105M |
|
120
Global Payments
GPN
$24.7B
| $182M | 0.11% |
969,174
+669,454
| +223% | +$135M |
|
121
PUT
Charter Communications
CHTR
$17.9B
| $182M | 0.11% |
251,600
+3,800
| +2% | +$2.56M |
|
122
PUT
Comcast
CMCSA
$95.3B
| $180M | 0.11% |
3,160,300
+373,800
| +13% | +$20.9M |
|
123
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$14.3B
| $180M | 0.11% |
2,304,000
+429,000
| +23% | +$31.1M |
|
124
Wells Fargo
WFC
$254B
| $180M | 0.11% |
3,968,264
-1,090,604
| -22% | -$48.7M |
|
|
125
Shopify
SHOP
$192B
| $180M | 0.11% |
1,230,130
-2,530,060
| -67% | -$312M |
|
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Israel Englander's Q2 2021 Portfolio in Review
As of Q2 2021, Israel Englander held 7,530 positions worth $163B, up 17% from $140B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $13.3B of net new capital in Q2 2021, opening 1,692 new positions and adding to 2,343 existing holdings. Its largest new stake was SiteOne Landscape Supply: 609,104 shares worth $103M.
By sector, the portfolio is most concentrated in Technology at 8.2% of assets, down from 9.6% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Apple, an estimated $1.21B trimmed.
- Israel Englander's largest Q2 2021 buy was SiteOne Landscape Supply: 609,104 shares worth $103M.
- Israel Englander added most to Linde in Q2 2021, an estimated $770M increase.
- Israel Englander's biggest Q2 2021 reduction was Apple, cutting an estimated $1.21B.
- Israel Englander fully exited Varian Medical Systems, Inc. in Q2 2021, selling an estimated $351M.
- Israel Englander's ten largest holdings make up 20% of its $163B portfolio in Q2 2021.
- Israel Englander opened 1,692 new positions and closed 1,075 in Q2 2021.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $163B.
Based on Millennium Management's 13F filing for Q2 2021, filed 16 Aug 2021.