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 | |
|---|---|---|---|---|---|---|
101
CALL
ExxonMobil
XOM
$679B
| $295M | 0.13% |
2,950,500
-270,600
| -8% | -$28.4M |
|
102
Union Pacific
UNP
$183B
| $294M | 0.13% |
1,197,287
+59,977
| +5% | +$13.2M |
|
103
PPG Industries
PPG
$25.3B
| $293M | 0.13% |
1,962,112
+1,301,032
| +197% | +$176M |
|
104
General Motors
GM
$77.2B
| $293M | 0.13% |
8,150,160
+1,623,852
| +25% | +$50.2M |
|
105
PUT
Morgan Stanley
MS
$336B
| $292M | 0.13% |
3,134,200
+905,300
| +41% | +$72.4M |
|
106
PUT
T-Mobile US
TMUS
$196B
| $290M | 0.13% |
1,810,200
+320,000
| +21% | +$47.3M |
|
107
PUT
VanEck Semiconductor ETF
SMH
$68.6B
| $287M | 0.12% |
1,642,600
+749,300
| +84% | +$117M |
|
108
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $287M | 0.12% |
3,207,600
+357,600
| +13% | +$29.6M |
|
109
CALL
Netflix
NFLX
$331B
| $286M | 0.12% |
5,884,000
+2,083,000
| +55% | +$90.9M |
|
110
PUT
ServiceNow
NOW
$133B
| $281M | 0.12% |
1,988,000
+957,500
| +93% | +$121M |
|
111
Shell
SHEL
$257B
| $279M | 0.12% |
4,245,215
+315,378
| +8% | +$20.7M |
|
112
S&P Global
SPGI
$127B
| $278M | 0.12% |
630,556
+243,330
| +63% | +$96M |
|
113
Walmart Inc
WMT
$825B
| $276M | 0.12% |
5,252,613
+1,416,174
| +37% | +$74.9M |
|
114
PUT
VanEck Oil Services ETF
OIH
$1.95B
| $276M | 0.12% |
891,700
+4,400
| +0.5% | +$1.41M |
|
115
Cenovus Energy
CVE
$60.7B
| $275M | 0.12% |
16,518,463
+5,858,250
| +55% | +$107M |
|
116
Vulcan Materials
VMC
$35.8B
| $275M | 0.12% |
1,210,701
+590,603
| +95% | +$125M |
|
117
Pfizer
PFE
$160B
| $275M | 0.12% |
9,535,483
+5,282,369
| +124% | +$160M |
|
118
SBA Communications
SBAC
$19.4B
| $274M | 0.12% |
1,080,499
+665,938
| +161% | +$150M |
|
119
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $273M | 0.12% |
6,514,800
+1,377,600
| +27% | +$58.9M |
|
120
LPL Financial
LPLA
$28.5B
| $273M | 0.12% |
1,199,445
+899,989
| +301% | +$202M |
|
121
McKesson
MCK
$100B
| $273M | 0.12% |
588,931
-138,380
| -19% | -$62.9M |
|
122
NXP Semiconductors
NXPI
$56.9B
| $272M | 0.12% |
1,185,698
+755,004
| +175% | +$152M |
|
123
CALL
JPMorgan Chase
JPM
$935B
| $272M | 0.12% |
1,599,700
+855,700
| +115% | +$130M |
|
124
BP
BP
$115B
| $270M | 0.12% |
7,635,801
+4,636,682
| +155% | +$170M |
|
|
CNH
125
CNH Industrial
CNH
$19.1B
| $270M | 0.12% |
22,137,576
+17,078,431
| +338% | +$191M |
|
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.