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 |
Invesco QQQ Trust
QQQ
|
+$517M |
| 2 |
NXP Semiconductors
NXPI
|
+$351M |
| 3 |
Oracle
ORCL
|
+$279M |
| 4 |
Palo Alto Networks
PANW
|
+$268M |
| 5 |
Boston Scientific
BSX
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CERN
Cerner Corp
CERN
|
+$517M |
| 2 |
ExxonMobil
XOM
|
+$385M |
| 3 |
Cenovus Energy
CVE
|
+$292M |
| 4 |
PLAN
Anaplan, Inc.
PLAN
|
+$236M |
| 5 |
Phillips 66
PSX
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.76% |
| 2 | Financials | 7.66% |
| 3 | Healthcare | 7.12% |
| 4 | Industrials | 5.11% |
| 5 | Consumer Discretionary | 4.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
PUT
SPDR Gold Trust
GLD
$152B
| $148M | 0.09% |
881,300
-360,200
| -29% | -$62.9M |
|
152
Intercontinental Exchange
ICE
$90.5B
| $148M | 0.09% |
1,575,851
+508,029
| +48% | +$54.3M |
|
153
Albertsons Companies
ACI
$6.01B
| $148M | 0.09% |
5,532,211
+3,831,359
| +225% | +$117M |
|
154
PUT
Honeywell
HON
$68.4B
| $148M | 0.09% |
902,168
+217,399
| +32% | +$39M |
|
155
PUT
Thermo Fisher Scientific
TMO
$233B
| $146M | 0.09% |
269,200
+100
| +0% | +$55K |
|
156
PUT
Automatic Data Processing
ADP
$112B
| $146M | 0.09% |
693,400
+93,700
| +16% | +$20.5M |
|
157
Booking.com
BKNG
$158B
| $144M | 0.09% |
2,052,050
-20,725
| -1% | -$1.77M |
|
158
PUT
Visa
V
$693B
| $142M | 0.09% |
720,400
-564,900
| -44% | -$117M |
|
|
NVO
159
Novo Nordisk
NVO
$207B
| $142M | 0.09% |
2,543,728
+2,193,128
| +626% | +$122M |
|
160
CALL
McDonald's
MCD
$192B
| $141M | 0.09% |
572,900
+185,000
| +48% | +$45.6M |
|
161
PUT
Morgan Stanley
MS
$336B
| $141M | 0.09% |
1,856,400
-403,100
| -18% | -$33M |
|
162
Avantor
AVTR
$9.78B
| $140M | 0.09% |
4,515,958
+3,514,936
| +351% | +$110M |
|
163
Conagra Brands
CAG
$7.89B
| $139M | 0.09% |
4,059,856
+4,031,346
| +14,140% | +$137M |
|
164
CALL
iShares MSCI EAFE ETF
EFA
$80B
| $138M | 0.09% |
+2,201,000
| New | +$150M |
|
165
CALL
Walt Disney
DIS
$186B
| $137M | 0.08% |
1,447,000
+299,900
| +26% | +$33.3M |
|
166
PUT
Johnson & Johnson
JNJ
$651B
| $137M | 0.08% |
769,400
+145,500
| +23% | +$25.9M |
|
167
Host Hotels & Resorts
HST
$15.9B
| $136M | 0.08% |
8,688,409
+7,026,742
| +423% | +$134M |
|
168
Cisco
CSCO
$438B
| $136M | 0.08% |
3,191,507
+2,655,886
| +496% | +$127M |
|
169
PUT
Coca-Cola
KO
$392B
| $136M | 0.08% |
2,154,700
-734,000
| -25% | -$46.5M |
|
170
CSX Corp
CSX
$95.6B
| $135M | 0.08% |
4,648,793
+991,990
| +27% | +$32.3M |
|
|
SF
171
Stifel
SF
$12.2B
| $135M | 0.08% |
3,613,173
-754,949
| -17% | -$31.4M |
|
|
EDR
172
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $134M | 0.08% |
6,519,552
+2,734,126
| +72% | +$62M |
|
173
Intuit
INTU
$100B
| $134M | 0.08% |
347,012
+339,807
| +4,716% | +$141M |
|
174
CBRE Group
CBRE
$44B
| $134M | 0.08% |
1,816,527
-192,055
| -10% | -$15.5M |
|
175
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $134M | 0.08% |
1,214,100
+364,100
| +43% | +$41.1M |
|
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Israel Englander's Q2 2022 Portfolio in Review
As of Q2 2022, Israel Englander held 7,971 positions worth $161B, down 15% from $189B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Israel Englander deployed $7.94B of net new capital in Q2 2022, opening 1,144 new positions and adding to 2,588 existing holdings. Its largest new stake was M&T Bank: 828,809 shares worth $132M.
By sector, the portfolio is most concentrated in Technology at 7.8% of assets, up from 7.2% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was ExxonMobil, an estimated $385M trimmed.
- Israel Englander's largest Q2 2022 buy was M&T Bank: 828,809 shares worth $132M.
- Israel Englander added most to Invesco QQQ Trust in Q2 2022, an estimated $517M increase.
- Israel Englander's biggest Q2 2022 reduction was ExxonMobil, cutting an estimated $385M.
- Israel Englander fully exited Cerner Corp in Q2 2022, selling an estimated $517M.
- Israel Englander's ten largest holdings make up 23% of its $161B portfolio in Q2 2022.
- Israel Englander opened 1,144 new positions and closed 1,065 in Q2 2022.
- Israel Englander's portfolio value fell 15% quarter-over-quarter to $161B.
Based on Millennium Management's 13F filing for Q2 2022, filed 15 Aug 2022.