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 |
Broadcom
AVGO
|
+$1.14B |
| 2 |
iShares Russell 1000 ETF
IWB
|
+$810M |
| 3 |
Meta Platforms (Facebook)
META
|
+$715M |
| 4 |
Amazon
AMZN
|
+$641M |
| 5 |
UnitedHealth
UNH
|
+$498M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.98B |
| 2 |
Spotify
SPOT
|
+$1.17B |
| 3 |
Microsoft
MSFT
|
+$856M |
| 4 |
Apollo Global Management
APO
|
+$726M |
| 5 |
Workday
WDAY
|
+$440M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.85% |
| 2 | Financials | 8.25% |
| 3 | Healthcare | 7.07% |
| 4 | Industrials | 5.92% |
| 5 | Consumer Discretionary | 5.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
LPL Financial
LPLA
$28.5B
| $294M | 0.14% |
899,377
+60,178
| +7% | +$17.8M |
|
|
DFS
102
DELISTED
Discover Financial Services
DFS
| $293M | 0.14% |
1,694,154
-334,538
| -16% | -$54.9M |
|
103
Equinix
EQIX
$105B
| $285M | 0.14% |
301,736
-12,444
| -4% | -$11.5M |
|
104
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $283M | 0.14% |
1,492,500
-1,106,800
| -43% | -$194M |
|
105
Ferguson
FERG
$46.9B
| $279M | 0.14% |
1,606,013
+154,145
| +11% | +$30.6M |
|
106
Apple
AAPL
$4.51T
| $278M | 0.14% |
1,109,604
-114,456
| -9% | -$27M |
|
107
Intercontinental Exchange
ICE
$90.5B
| $276M | 0.13% |
1,852,791
-220,556
| -11% | -$34.9M |
|
108
CALL
ExxonMobil
XOM
$679B
| $272M | 0.13% |
2,529,900
+56,700
| +2% | +$6.63M |
|
109
International Paper
IP
$22B
| $271M | 0.13% |
5,026,024
+3,697,170
| +278% | +$198M |
|
110
First American
FAF
$7.33B
| $270M | 0.13% |
4,327,393
-106,574
| -2% | -$6.95M |
|
111
IQVIA
IQV
$42.8B
| $269M | 0.13% |
1,370,570
+1,029,333
| +302% | +$217M |
|
112
Walmart Inc
WMT
$825B
| $268M | 0.13% |
2,969,201
-731,509
| -20% | -$63.5M |
|
113
Teck Resources
TECK
$33.9B
| $266M | 0.13% |
6,564,616
+3,567,485
| +119% | +$167M |
|
114
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $264M | 0.13% |
582,500
+65,000
| +13% | +$30M |
|
115
PUT
Eli Lilly
LLY
$1.12T
| $261M | 0.13% |
338,400
-48,000
| -12% | -$39.7M |
|
116
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $259M | 0.13% |
2,223,600
+655,800
| +42% | +$76.3M |
|
117
PUT
Palo Alto Networks
PANW
$292B
| $258M | 0.13% |
1,418,200
+205,200
| +17% | +$38.8M |
|
|
118
Alphabet (Google) Class A
GOOGL
$4.22T
| $257M | 0.13% |
1,360,101
-1,401,828
| -51% | -$245M |
|
119
Allstate
ALL
$64.2B
| $254M | 0.12% |
1,320,011
+227,699
| +21% | +$44.2M |
|
120
PG&E
PCG
$38.8B
| $254M | 0.12% |
12,595,528
+1,912,081
| +18% | +$38.9M |
|
121
Johnson & Johnson
JNJ
$651B
| $253M | 0.12% |
1,746,245
+1,664,872
| +2,046% | +$258M |
|
122
Verizon
VZ
$205B
| $253M | 0.12% |
6,314,696
+4,867,933
| +336% | +$205M |
|
123
PUT
Chevron
CVX
$403B
| $251M | 0.12% |
1,733,300
+111,500
| +7% | +$17.1M |
|
124
Arista Networks
ANET
$238B
| $251M | 0.12% |
2,270,319
+347,359
| +18% | +$35.7M |
|
125
Dycom Industries
DY
$11.8B
| $250M | 0.12% |
1,435,832
-82,443
| -5% | -$15.3M |
|
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Israel Englander's Q4 2024 Portfolio in Review
As of Q4 2024, Israel Englander held 6,700 positions worth $205B, down 3% from $211B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Israel Englander withdrew a net $13.8B in Q4 2024, closing 810 positions and reducing 2,557 holdings. Its most notable exit was Southwestern Energy Company, an estimated $340M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.8% of assets, up from 8.6% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Israel Englander opened a new position in NextEra Energy 7.234% Corporate Units worth $5.03M.
- Israel Englander's largest Q4 2024 buy was NextEra Energy 7.234% Corporate Units: 5,500,000 shares worth $5.03M.
- Israel Englander added most to Broadcom in Q4 2024, an estimated $1.14B increase.
- Israel Englander's biggest Q4 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.98B.
- Israel Englander fully exited Southwestern Energy Company in Q4 2024, selling an estimated $340M.
- Israel Englander's ten largest holdings make up 16% of its $205B portfolio in Q4 2024.
- Israel Englander opened 681 new positions and closed 810 in Q4 2024.
- Israel Englander's portfolio value fell 3% quarter-over-quarter to $205B.
Based on Millennium Management's 13F filing for Q4 2024, filed 14 Feb 2025.