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 | |
|---|---|---|---|---|---|---|
101
McDonald's
MCD
$192B
| $251M | 0.12% |
840,496
+313,868
| +60% | +$91.2M |
|
102
Western Digital
WDC
$166B
| $251M | 0.12% |
8,743,632
-1,973,250
| -18% | -$54.9M |
|
103
S&P Global
SPGI
$127B
| $249M | 0.12% |
621,687
-397,883
| -39% | -$145M |
|
104
Pentair
PNR
$10.3B
| $246M | 0.12% |
3,812,571
-127,538
| -3% | -$7.34M |
|
105
DexCom
DXCM
$34.8B
| $245M | 0.12% |
1,903,465
-771,329
| -29% | -$93.3M |
|
106
PUT
Citigroup
C
$221B
| $243M | 0.12% |
5,270,700
-457,100
| -8% | -$21.4M |
|
107
Keysight
KEYS
$53.8B
| $242M | 0.12% |
1,447,262
+952,032
| +192% | +$148M |
|
108
CALL
Advanced Micro Devices
AMD
$773B
| $241M | 0.12% |
2,112,100
-2,438,800
| -54% | -$254M |
|
109
Visa
V
$693B
| $233M | 0.11% |
981,492
+5,042
| +0.5% | +$1.15M |
|
110
Synopsys
SNPS
$76.2B
| $232M | 0.11% |
532,985
+471,169
| +762% | +$190M |
|
111
Danaher
DHR
$154B
| $231M | 0.11% |
1,084,279
+565,107
| +109% | +$120M |
|
112
CALL
Walmart Inc
WMT
$825B
| $228M | 0.11% |
4,353,600
+513,900
| +13% | +$25.9M |
|
113
FedEx
FDX
$76.9B
| $225M | 0.11% |
907,550
-729,820
| -45% | -$167M |
|
114
CALL
Johnson & Johnson
JNJ
$651B
| $224M | 0.11% |
1,352,200
+411,600
| +44% | +$66.4M |
|
|
115
PUT
Visa
V
$693B
| $222M | 0.11% |
934,100
+198,300
| +27% | +$45.4M |
|
116
Eastman Chemical
EMN
$8.47B
| $220M | 0.11% |
2,630,623
+1,824,889
| +226% | +$148M |
|
117
Tenet Healthcare
THC
$22.6B
| $218M | 0.11% |
2,674,967
+1,884,226
| +238% | +$134M |
|
|
SCHW
118
Charles Schwab
SCHW
$194B
| $217M | 0.11% |
3,835,133
-826,897
| -18% | -$43.3M |
|
119
Global Payments
GPN
$24.7B
| $216M | 0.11% |
2,195,527
+696,108
| +46% | +$71.6M |
|
120
Xylem
XYL
$26.5B
| $216M | 0.11% |
1,919,113
+570,569
| +42% | +$60.3M |
|
121
Wells Fargo
WFC
$254B
| $211M | 0.1% |
4,950,200
-3,415,233
| -41% | -$137M |
|
122
PUT
ServiceNow
NOW
$133B
| $211M | 0.1% |
1,874,000
+1,443,000
| +335% | +$144M |
|
123
Verisk Analytics
VRSK
$24.4B
| $209M | 0.1% |
923,618
+657,155
| +247% | +$138M |
|
124
Agnico Eagle Mines
AEM
$109B
| $208M | 0.1% |
4,153,940
+798,528
| +24% | +$43.2M |
|
125
TE Connectivity
TEL
$58.9B
| $207M | 0.1% |
1,475,350
-952,619
| -39% | -$120M |
|
Similar funds
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.