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 | |
|---|---|---|---|---|---|---|
1501
CALL
Trade Desk
TTD
$6.23B
| $20M | 0.01% |
277,500
+152,900
| +123% | +$11.2M |
|
1502
Vishay Intertechnology
VSH
$4.8B
| $19.9M | 0.01% |
832,213
+500,869
| +151% | +$11.6M |
|
1503
Watsco Inc
WSO
$12.5B
| $19.9M | 0.01% |
46,532
+36,037
| +343% | +$14M |
|
1504
Grocery Outlet
GO
$1.2B
| $19.9M | 0.01% |
739,309
-41,251
| -5% | -$1.16M |
|
1505
Assurant
AIZ
$14.1B
| $19.9M | 0.01% |
118,117
-16,905
| -13% | -$2.69M |
|
1506
Cintas
CTAS
$81.9B
| $19.8M | 0.01% |
131,552
-452,744
| -77% | -$60.7M |
|
1507
CALL
Waters Corp
WAT
$40.7B
| $19.8M | 0.01% |
60,200
+29,800
| +98% | +$8.23M |
|
1508
Bath & Body Works
BBWI
$3.54B
| $19.8M | 0.01% |
458,798
-508,782
| -53% | -$17.2M |
|
1509
Global Ship Lease
GSL
$1.63B
| $19.8M | 0.01% |
998,703
+78,707
| +9% | +$1.43M |
|
1510
CALL
ON Semiconductor
ON
$28.2B
| $19.8M | 0.01% |
236,900
-20,900
| -8% | -$1.64M |
|
1511
CALL
Best Buy
BBY
$18B
| $19.8M | 0.01% |
252,400
+214,000
| +557% | +$15.1M |
|
1512
PUT
Monolithic Power Systems
MPWR
$64.1B
| $19.7M | 0.01% |
31,300
+26,700
| +580% | +$13.9M |
|
1513
Cabot Corp
CBT
$4.32B
| $19.7M | 0.01% |
236,217
+94,823
| +67% | +$7.05M |
|
1514
CALL
Snowflake
SNOW
$110B
| $19.7M | 0.01% |
99,000
+76,700
| +344% | +$13M |
|
1515
Lincoln National
LNC
$8.16B
| $19.7M | 0.01% |
729,451
+133,114
| +22% | +$3.2M |
|
|
XIFR
1516
XPLR Infrastructure LP
XIFR
$1.1B
| $19.7M | 0.01% |
646,475
+129,240
| +25% | +$3.29M |
|
|
OPTU
1517
Optimum Communications Inc
OPTU
$381M
| $19.7M | 0.01% |
6,046,230
-1,710,543
| -22% | -$4.48M |
|
1518
Chewy
CHWY
$10.1B
| $19.6M | 0.01% |
829,144
+358,287
| +76% | +$7.06M |
|
1519
Welltower
WELL
$174B
| $19.6M | 0.01% |
217,205
-366,276
| -63% | -$31.8M |
|
1520
PUT
Quanta Services
PWR
$90.8B
| $19.6M | 0.01% |
90,700
-99,900
| -52% | -$18.5M |
|
1521
PUT
US Bancorp
USB
$97.2B
| $19.6M | 0.01% |
452,100
+191,100
| +73% | +$6.99M |
|
1522
LKQ Corp
LKQ
$6.42B
| $19.6M | 0.01% |
409,205
-265,077
| -39% | -$12.4M |
|
1523
PUT
Strategy Inc
MSTR
$50.4B
| $19.5M | 0.01% |
309,000
-254,000
| -45% | -$12M |
|
1524
Guardant Health
GH
$22.1B
| $19.5M | 0.01% |
720,015
-1,999,855
| -74% | -$52.5M |
|
|
OKLO
1525
Oklo
OKLO
$8.24B
| $19.5M | 0.01% |
1,843,200
-2,577
| -0.1% | -$26.7K |
|
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.