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
|
+$374M |
| 2 |
AT&T
T
|
+$293M |
| 3 |
NVIDIA
NVDA
|
+$291M |
| 4 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$283M |
| 5 |
Williams Companies
WMB
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.09B |
| 2 |
Lam Research
LRCX
|
+$351M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$330M |
| 4 |
Apple
AAPL
|
+$328M |
| 5 |
Boeing
BA
|
+$292M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.38% |
| 2 | Healthcare | 7.98% |
| 3 | Financials | 6.14% |
| 4 | Consumer Discretionary | 5.62% |
| 5 | Industrials | 5.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1226
PUT
Corteva
CTVA
$54.9B
| $22.8M | 0.01% |
378,500
-419,100
| -53% | -$25.6M |
|
|
ARGO
1227
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $22.8M | 0.01% |
776,912
+749,007
| +2,684% | +$21.2M |
|
1228
CALL
Freeport-McMoran
FCX
$112B
| $22.8M | 0.01% |
556,200
-148,800
| -21% | -$6.19M |
|
1229
PUT
VanEck Gold Miners ETF
GDX
$32.4B
| $22.7M | 0.01% |
702,400
-147,800
| -17% | -$4.47M |
|
|
SRDX
1230
DELISTED
Surmodics
SRDX
| $22.7M | 0.01% |
997,302
+717,599
| +257% | +$18.5M |
|
1231
Western Alliance Bancorporation
WAL
$8.63B
| $22.7M | 0.01% |
638,952
-37,062
| -5% | -$2.27M |
|
1232
Fastenal
FAST
$58.3B
| $22.7M | 0.01% |
841,718
-2,592,998
| -75% | -$66.5M |
|
1233
iShares MSCI Australia ETF
EWA
$1.35B
| $22.7M | 0.01% |
+988,777
| New | +$23.1M |
|
1234
CALL
Cardinal Health
CAH
$54.4B
| $22.7M | 0.01% |
300,300
+15,300
| +5% | +$1.15M |
|
1235
Kirby Corp
KEX
$7.31B
| $22.6M | 0.01% |
324,556
-127,908
| -28% | -$8.81M |
|
1236
PUT
Air Products & Chemicals
APD
$67.9B
| $22.6M | 0.01% |
78,600
-78,600
| -50% | -$22.9M |
|
1237
Repay Holdings
RPAY
$322M
| $22.6M | 0.01% |
3,434,911
+2,259,710
| +192% | +$18.6M |
|
|
PXD
1238
DELISTED
Pioneer Natural Resource Co.
PXD
| $22.6M | 0.01% |
110,438
+23,724
| +27% | +$5.1M |
|
1239
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $22.5M | 0.01% |
+332,700
| New | +$22.2M |
|
|
CPRX
1240
DELISTED
Catalyst Pharmaceutical
CPRX
| $22.5M | 0.01% |
1,355,095
-958,571
| -41% | -$15.8M |
|
1241
PUT
US Bancorp
USB
$97.1B
| $22.5M | 0.01% |
623,000
-159,900
| -20% | -$7.12M |
|
1242
Fastly Inc
FSLY
$3.74B
| $22.4M | 0.01% |
1,263,993
+1,014,700
| +407% | +$12.9M |
|
1243
iShares Silver Trust
SLV
$33.2B
| $22.4M | 0.01% |
1,014,528
+999,401
| +6,607% | +$20.7M |
|
1244
Valvoline
VVV
$4.22B
| $22.3M | 0.01% |
639,418
-124,731
| -16% | -$4.34M |
|
1245
PUT
iShares Semiconductor ETF
SOXX
$41.9B
| $22.2M | 0.01% |
+150,000
| New | +$20.4M |
|
1246
Sunrun
RUN
$2.2B
| $22.2M | 0.01% |
1,102,548
+492,815
| +81% | +$11.5M |
|
1247
Teekay
TK
$1.16B
| $22.2M | 0.01% |
3,592,547
+896,732
| +33% | +$4.79M |
|
1248
Charles River Laboratories
CRL
$14.2B
| $22.2M | 0.01% |
109,785
-328,002
| -75% | -$74.3M |
|
|
HES
1249
DELISTED
Hess
HES
| $22.2M | 0.01% |
167,398
-18,812
| -10% | -$2.62M |
|
|
CADE
1250
DELISTED
Cadence Bank
CADE
| $22.1M | 0.01% |
+1,066,106
| New | +$26.5M |
|
Similar funds
Israel Englander's Q1 2023 Portfolio in Review
As of Q1 2023, Israel Englander held 7,511 positions worth $174B, down 3.5% from $181B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Israel Englander withdrew a net $18.1B in Q1 2023, closing 1,206 positions and reducing 2,570 holdings. Its most notable exit was Apollo Global Management, an estimated $112M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.4% of assets, up from 8.2% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in Warner Bros worth $96.9M.
- Israel Englander's largest Q1 2023 buy was Warner Bros: 6,417,147 shares worth $96.9M.
- Israel Englander added most to Linde in Q1 2023, an estimated $374M increase.
- Israel Englander's biggest Q1 2023 reduction was Invesco QQQ Trust, cutting an estimated $1.09B.
- Israel Englander fully exited Apollo Global Management in Q1 2023, selling an estimated $112M.
- Israel Englander's ten largest holdings make up 25% of its $174B portfolio in Q1 2023.
- Israel Englander opened 987 new positions and closed 1,206 in Q1 2023.
- Israel Englander's portfolio value fell 3.5% quarter-over-quarter to $174B.
Based on Millennium Management's 13F filing for Q1 2023, filed 15 May 2023.