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 | |
|---|---|---|---|---|---|---|
1451
Preferred Bank
PFBC
$1.23B
| $21.2M | 0.01% |
290,267
+47,185
| +19% | +$3.07M |
|
|
EA
1452
PUT
DELISTED
Electronic Arts
EA
| $21.2M | 0.01% |
154,600
-17,600
| -10% | -$2.33M |
|
1453
NMI Holdings
NMIH
$3.41B
| $21.1M | 0.01% |
709,776
+299,578
| +73% | +$8.36M |
|
1454
PUT
Suncor Energy
SU
$76.4B
| $21.1M | 0.01% |
496,600
+94,100
| +23% | +$3.07M |
|
1455
Medpace
MEDP
$17.1B
| $21.1M | 0.01% |
68,696
-1,271
| -2% | -$343K |
|
|
EVRI
1456
DELISTED
Everi Holdings
EVRI
| $21.1M | 0.01% |
1,868,064
+870,244
| +87% | +$9.81M |
|
1457
i3 Verticals
IIIV
$306M
| $21.1M | 0.01% |
994,364
+220,889
| +29% | +$4.43M |
|
1458
CALL
Etsy
ETSY
$7.75B
| $21M | 0.01% |
259,200
+81,700
| +46% | +$5.84M |
|
1459
PUT
D.R. Horton
DHI
$42.2B
| $21M | 0.01% |
138,200
+62,900
| +84% | +$7.74M |
|
1460
CALL
Zoom
ZM
$29.6B
| $21M | 0.01% |
292,000
+94,000
| +47% | +$6.22M |
|
1461
PUT
NetEase
NTES
$82.5B
| $20.9M | 0.01% |
224,500
-26,700
| -11% | -$2.84M |
|
1462
CALL
Novartis
NVS
$304B
| $20.9M | 0.01% |
206,600
+183,800
| +806% | +$17.7M |
|
1463
Banner Corp
BANR
$2.39B
| $20.9M | 0.01% |
390,175
-39,379
| -9% | -$1.81M |
|
|
BRDG
1464
DELISTED
Bridge Investment Group
BRDG
| $20.9M | 0.01% |
2,135,799
+1,165,620
| +120% | +$9.45M |
|
|
ROIC
1465
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $20.9M | 0.01% |
1,488,815
-1,213,465
| -45% | -$15.3M |
|
1466
First Bancorp
FBP
$4.27B
| $20.9M | 0.01% |
1,269,025
+559,739
| +79% | +$8.27M |
|
1467
Nokia
NOK
$57.8B
| $20.9M | 0.01% |
6,101,529
+4,420,039
| +263% | +$15M |
|
1468
PUT
Baidu
BIDU
$31.7B
| $20.8M | 0.01% |
174,500
-37,500
| -18% | -$4.33M |
|
1469
Keros Therapeutics
KROS
$232M
| $20.8M | 0.01% |
522,128
+318,071
| +156% | +$9.97M |
|
1470
CALL
Cardinal Health
CAH
$55.3B
| $20.7M | 0.01% |
205,700
-283,700
| -58% | -$28.1M |
|
1471
CALL
CME Group
CME
$99.7B
| $20.7M | 0.01% |
98,400
-8,100
| -8% | -$1.73M |
|
|
NVO
1472
CALL
Novo Nordisk
NVO
$215B
| $20.7M | 0.01% |
200,000
-46,000
| -19% | -$4.55M |
|
1473
Texas Pacific Land
TPL
$25.7B
| $20.7M | 0.01% |
118,404
-137,025
| -54% | -$26M |
|
1474
PUT
Capri Holdings
CPRI
$1.51B
| $20.7M | 0.01% |
411,200
-60,500
| -13% | -$3.02M |
|
1475
Under Armour
UAA
$2.2B
| $20.6M | 0.01% |
2,342,976
+620,399
| +36% | +$4.77M |
|
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.