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 | |
|---|---|---|---|---|---|---|
126
Xcel Energy
XEL
$47.7B
| $268M | 0.12% |
4,334,566
+1,468,631
| +51% | +$88.1M |
|
127
TJX Companies
TJX
$155B
| $264M | 0.11% |
2,811,690
+2,679,177
| +2,022% | +$240M |
|
128
PUT
Walt Disney
DIS
$186B
| $262M | 0.11% |
2,897,400
+1,072,900
| +59% | +$94.6M |
|
129
Vertex Pharmaceuticals
VRTX
$139B
| $262M | 0.11% |
642,750
+97,421
| +18% | +$36M |
|
130
Fidelity National Information Services
FIS
$21.3B
| $260M | 0.11% |
4,329,416
+3,951,385
| +1,045% | +$217M |
|
131
Lockheed Martin
LMT
$130B
| $259M | 0.11% |
571,193
+197,510
| +53% | +$87.5M |
|
132
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $255M | 0.11% |
2,575,500
+2,335,300
| +972% | +$211M |
|
133
PUT
Costco
COST
$420B
| $250M | 0.11% |
379,400
+153,600
| +68% | +$91M |
|
134
Invesco QQQ Trust
QQQ
$486B
| $249M | 0.11% |
609,104
+209,830
| +53% | +$79.7M |
|
135
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $247M | 0.11% |
6,152,600
+5,852,600
| +1,951% | +$226M |
|
136
Regeneron Pharmaceuticals
REGN
$85.9B
| $246M | 0.11% |
280,281
+243,272
| +657% | +$200M |
|
137
PUT
Workday
WDAY
$49.4B
| $244M | 0.11% |
885,000
+104,900
| +13% | +$25M |
|
138
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $241M | 0.1% |
2,699,400
-741,800
| -22% | -$61.4M |
|
139
PUT
Deere & Co
DE
$175B
| $239M | 0.1% |
598,100
-112,900
| -16% | -$42.6M |
|
140
Trade Desk
TTD
$6.19B
| $239M | 0.1% |
3,321,432
+2,414,572
| +266% | +$177M |
|
141
PUT
IBM
IBM
$222B
| $238M | 0.1% |
1,455,200
+475,600
| +49% | +$71.9M |
|
142
CALL
Berkshire Hathaway Class B
BRK.B
$1.06T
| $235M | 0.1% |
660,000
+311,200
| +89% | +$109M |
|
|
143
PUT
Lockheed Martin
LMT
$130B
| $235M | 0.1% |
519,300
-218,700
| -30% | -$96.9M |
|
144
Netflix
NFLX
$331B
| $233M | 0.1% |
4,782,160
+243,580
| +5% | +$10.6M |
|
145
Avantor
AVTR
$9.78B
| $233M | 0.1% |
10,184,549
+2,846,498
| +39% | +$58.3M |
|
146
Global Payments
GPN
$24.7B
| $232M | 0.1% |
1,823,316
+165,128
| +10% | +$19.1M |
|
147
PUT
Eli Lilly
LLY
$1.12T
| $231M | 0.1% |
396,800
-179,300
| -31% | -$105M |
|
148
CALL
Chevron
CVX
$403B
| $230M | 0.1% |
1,544,500
-316,600
| -17% | -$47.9M |
|
|
149
Walt Disney
DIS
$186B
| $230M | 0.1% |
2,546,464
-1,382,694
| -35% | -$122M |
|
150
Snowflake
SNOW
$115B
| $229M | 0.1% |
1,148,300
+888,047
| +341% | +$150M |
|
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.