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
|
+$770M |
| 2 |
PRAH
PRA Health Sciences, Inc.
PRAH
|
+$580M |
| 3 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$391M |
| 4 |
PFPT
Proofpoint, Inc.
PFPT
|
+$322M |
| 5 |
UnitedHealth
UNH
|
+$283M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.21B |
| 2 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$351M |
| 3 |
RP
RealPage, Inc.
RP
|
+$316M |
| 4 |
Shopify
SHOP
|
+$312M |
| 5 |
Boeing
BA
|
+$310M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.24% |
| 2 | Healthcare | 7.69% |
| 3 | Financials | 5.89% |
| 4 | Consumer Discretionary | 5.65% |
| 5 | Industrials | 4.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
PUT
Costco
COST
$420B
| $178M | 0.11% |
448,900
+142,000
| +46% | +$53.7M |
|
127
Ford
F
$57.5B
| $177M | 0.11% |
11,936,598
+1,773,753
| +17% | +$23.6M |
|
128
Microchip Technology
MCHP
$41.3B
| $175M | 0.11% |
2,339,358
+939,344
| +67% | +$71.6M |
|
129
Emerson Electric
EMR
$87.7B
| $175M | 0.11% |
1,818,296
+450,879
| +33% | +$42.4M |
|
130
Colgate-Palmolive
CL
$72.6B
| $175M | 0.11% |
2,150,243
+168,229
| +8% | +$13.8M |
|
131
PUT
Mastercard
MA
$509B
| $174M | 0.11% |
476,600
-219,100
| -31% | -$81.5M |
|
132
Packaging Corp of America
PKG
$22.5B
| $174M | 0.11% |
1,284,756
+942,126
| +275% | +$136M |
|
133
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $174M | 0.11% |
3,151,300
+958,000
| +44% | +$52.1M |
|
134
Pinduoduo
PDD
$126B
| $172M | 0.11% |
1,353,216
+816,356
| +152% | +$106M |
|
|
PARA
135
DELISTED
Paramount Global Class B
PARA
| $171M | 0.11% |
3,790,969
-1,956,584
| -34% | -$80.8M |
|
136
PUT
State Street Communication Services Select Sector SPDR ETF
XLC
$22.5B
| $171M | 0.1% |
2,111,300
+1,000,000
| +90% | +$77.9M |
|
137
PUT
iShares MSCI EAFE ETF
EFA
$80B
| $171M | 0.1% |
2,165,900
-654,400
| -23% | -$52M |
|
|
138
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $170M | 0.1% |
3,090,300
+24,700
| +0.8% | +$1.34M |
|
139
FedEx
FDX
$76.9B
| $170M | 0.1% |
571,024
+375,895
| +193% | +$112M |
|
140
Evergy
EVRG
$18.7B
| $169M | 0.1% |
2,802,087
+1,395,934
| +99% | +$87.3M |
|
141
Qiagen
QGEN
$9.1B
| $169M | 0.1% |
3,299,250
-315,104
| -9% | -$16.3M |
|
142
CALL
AT&T
T
$173B
| $169M | 0.1% |
7,760,891
+5,500,558
| +243% | +$125M |
|
143
NextEra Energy
NEE
$174B
| $166M | 0.1% |
2,258,615
-141,573
| -6% | -$10.6M |
|
144
PUT
Nike
NKE
$60.5B
| $165M | 0.1% |
1,070,200
+612,200
| +134% | +$82.4M |
|
145
PUT
Chevron
CVX
$403B
| $162M | 0.1% |
1,549,500
+514,300
| +50% | +$54.3M |
|
146
PUT
NXP Semiconductors
NXPI
$56.9B
| $162M | 0.1% |
788,800
+220,600
| +39% | +$44.2M |
|
147
PUT
RTX Corp
RTX
$283B
| $162M | 0.1% |
1,901,600
-175,900
| -8% | -$14.8M |
|
148
Micron Technology
MU
$1.09T
| $162M | 0.1% |
1,903,080
-2,609,784
| -58% | -$220M |
|
149
Roku
ROKU
$23.4B
| $161M | 0.1% |
350,535
+66,174
| +23% | +$23.4M |
|
150
Invitation Homes
INVH
$17.9B
| $160M | 0.1% |
4,290,294
+247,947
| +6% | +$8.76M |
|
Similar funds
Israel Englander's Q2 2021 Portfolio in Review
As of Q2 2021, Israel Englander held 7,530 positions worth $163B, up 17% from $140B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $13.3B of net new capital in Q2 2021, opening 1,692 new positions and adding to 2,343 existing holdings. Its largest new stake was SiteOne Landscape Supply: 609,104 shares worth $103M.
By sector, the portfolio is most concentrated in Technology at 8.2% of assets, down from 9.6% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Apple, an estimated $1.21B trimmed.
- Israel Englander's largest Q2 2021 buy was SiteOne Landscape Supply: 609,104 shares worth $103M.
- Israel Englander added most to Linde in Q2 2021, an estimated $770M increase.
- Israel Englander's biggest Q2 2021 reduction was Apple, cutting an estimated $1.21B.
- Israel Englander fully exited Varian Medical Systems, Inc. in Q2 2021, selling an estimated $351M.
- Israel Englander's ten largest holdings make up 20% of its $163B portfolio in Q2 2021.
- Israel Englander opened 1,692 new positions and closed 1,075 in Q2 2021.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $163B.
Based on Millennium Management's 13F filing for Q2 2021, filed 16 Aug 2021.