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 | |
|---|---|---|---|---|---|---|
1326
PUT
Norwegian Cruise Line
NCLH
$7.93B
| $24.9M | 0.01% |
1,241,900
+273,800
| +28% | +$4.39M |
|
1327
Gen Digital
GEN
$17.5B
| $24.9M | 0.01% |
1,090,530
+435,115
| +66% | +$8.62M |
|
1328
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $24.8M | 0.01% |
784,400
-477,800
| -38% | -$14.6M |
|
1329
Blackstone Secured Lending
BXSL
$5.78B
| $24.8M | 0.01% |
896,680
+24,735
| +3% | +$683K |
|
1330
PUT
Baker Hughes
BKR
$61.4B
| $24.8M | 0.01% |
724,700
+75,900
| +12% | +$2.59M |
|
1331
Sea Limited
SE
$75.4B
| $24.8M | 0.01% |
611,458
+229,062
| +60% | +$9.34M |
|
1332
CALL
United Parcel Service
UPS
$89.5B
| $24.8M | 0.01% |
157,500
+1,500
| +1% | +$227K |
|
1333
PUT
Target
TGT
$74.2B
| $24.8M | 0.01% |
173,800
+157,700
| +980% | +$19.3M |
|
1334
NIO
NIO
$11.2B
| $24.7M | 0.01% |
2,724,327
+2,276,086
| +508% | +$18.1M |
|
1335
Lattice Semiconductor
LSCC
$16.5B
| $24.7M | 0.01% |
357,809
+241,077
| +207% | +$16M |
|
1336
PUT
American International
AIG
$39.9B
| $24.6M | 0.01% |
363,800
-132,200
| -27% | -$8.42M |
|
1337
Check Point Software Technologies
CHKP
$13.2B
| $24.6M | 0.01% |
161,046
+126,183
| +362% | +$17.8M |
|
1338
Southern Company
SO
$103B
| $24.6M | 0.01% |
350,131
-596,291
| -63% | -$40.9M |
|
1339
iShares 3-7 Year Treasury Bond ETF
IEI
$17.8B
| $24.5M | 0.01% |
209,531
+141,326
| +207% | +$16.1M |
|
1340
CALL
Agilent Technologies
A
$43.7B
| $24.5M | 0.01% |
176,200
-317,800
| -64% | -$37.8M |
|
1341
Herbalife
HLF
$1.35B
| $24.4M | 0.01% |
1,600,326
-345,867
| -18% | -$4.78M |
|
1342
PUT
Okta
OKTA
$22.7B
| $24.4M | 0.01% |
269,700
+125,400
| +87% | +$9.57M |
|
|
SRDX
1343
DELISTED
Surmodics
SRDX
| $24.4M | 0.01% |
671,551
-36,048
| -5% | -$1.18M |
|
1344
CALL
State Street SPDR S&P Bank ETF
KBE
$1.69B
| $24.4M | 0.01% |
530,000
+500,000
| +1,667% | +$19.8M |
|
1345
CALL
Philip Morris
PM
$302B
| $24.3M | 0.01% |
258,500
-185,700
| -42% | -$17.1M |
|
1346
Viper Energy
VNOM
$15.8B
| $24.3M | 0.01% |
774,815
+390,665
| +102% | +$11.6M |
|
1347
Polaris
PII
$3.62B
| $24.3M | 0.01% |
256,440
+73,794
| +40% | +$6.76M |
|
1348
PUT
Rithm Capital
RITM
$5.68B
| $24.3M | 0.01% |
2,272,600
-12,500
| -0.5% | -$124K |
|
1349
Clear Secure
YOU
$4.56B
| $24.2M | 0.01% |
1,172,182
-515,013
| -31% | -$10M |
|
1350
Phillips 66
PSX
$94.5B
| $24.2M | 0.01% |
181,580
-1,014,013
| -85% | -$121M |
|
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.