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
|
+$917M |
| 2 |
Salesforce
CRM
|
+$378M |
| 3 |
Boeing
BA
|
+$297M |
| 4 |
DexCom
DXCM
|
+$292M |
| 5 |
Amazon
AMZN
|
+$267M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DRE
Duke Realty Corp.
DRE
|
+$779M |
| 2 |
Chevron
CVX
|
+$569M |
| 3 |
Home Depot
HD
|
+$292M |
| 4 |
PepsiCo
PEP
|
+$259M |
| 5 |
Chubb
CB
|
+$248M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.23% |
| 2 | Healthcare | 7.53% |
| 3 | Financials | 7.5% |
| 4 | Industrials | 5.83% |
| 5 | Consumer Discretionary | 5.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Fortinet
FTNT
$113B
| $189M | 0.1% |
3,870,133
+108,116
| +3% | +$5.63M |
|
152
Becton Dickinson
BDX
$52.3B
| $189M | 0.1% |
743,955
+405,917
| +120% | +$95.8M |
|
153
CSX Corp
CSX
$95.6B
| $189M | 0.1% |
6,087,931
+2,279,143
| +60% | +$68.5M |
|
154
Essex Property Trust
ESS
$18.6B
| $188M | 0.1% |
888,858
+604,863
| +213% | +$132M |
|
155
Suncor Energy
SU
$80B
| $188M | 0.1% |
5,926,234
-297,122
| -5% | -$9.77M |
|
156
PUT
NextEra Energy
NEE
$174B
| $186M | 0.1% |
2,229,100
+394,900
| +22% | +$31.9M |
|
157
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $186M | 0.1% |
2,236,000
-1,214,400
| -35% | -$98.3M |
|
158
Delta Air Lines
DAL
$54.2B
| $185M | 0.1% |
5,642,706
+98,737
| +2% | +$3.27M |
|
159
PUT
Citigroup
C
$221B
| $185M | 0.1% |
4,085,500
-4,220,900
| -51% | -$192M |
|
160
Entergy
ETR
$48.8B
| $184M | 0.1% |
3,266,670
+1,509,942
| +86% | +$82.8M |
|
161
Xcel Energy
XEL
$47.7B
| $183M | 0.1% |
2,614,481
-929,857
| -26% | -$61.9M |
|
|
SPLK
162
DELISTED
Splunk Inc
SPLK
| $180M | 0.1% |
2,096,094
+823,461
| +65% | +$66.5M |
|
163
3M
MMM
$92.3B
| $180M | 0.1% |
1,794,866
+643,595
| +56% | +$65.6M |
|
164
Analog Devices
ADI
$182B
| $179M | 0.1% |
1,091,802
-30,385
| -3% | -$4.74M |
|
165
iShares Core S&P 500 ETF
IVV
$893B
| $178M | 0.1% |
464,449
+427,286
| +1,150% | +$165M |
|
166
Intercontinental Exchange
ICE
$90.5B
| $178M | 0.1% |
1,739,150
+788,341
| +83% | +$78.5M |
|
167
PUT
McDonald's
MCD
$192B
| $178M | 0.1% |
676,000
-389,700
| -37% | -$103M |
|
168
Sanofi
SNY
$110B
| $176M | 0.1% |
3,635,684
+1,735,396
| +91% | +$76.2M |
|
169
Tyson Foods
TSN
$20.6B
| $176M | 0.1% |
2,822,932
+1,635,731
| +138% | +$106M |
|
170
Hasbro
HAS
$13.2B
| $174M | 0.1% |
2,855,115
+2,715,696
| +1,948% | +$170M |
|
|
ATVI
171
PUT
DELISTED
Activision Blizzard
ATVI
| $174M | 0.1% |
2,271,500
+655,300
| +41% | +$48.7M |
|
172
Advance Auto Parts
AAP
$2.57B
| $174M | 0.1% |
1,180,787
+440,986
| +60% | +$71.4M |
|
173
Sun Communities
SUI
$14.8B
| $173M | 0.1% |
1,208,645
+528,254
| +78% | +$72.1M |
|
174
L3Harris
LHX
$49.7B
| $173M | 0.1% |
828,565
+825,983
| +31,990% | +$186M |
|
|
175
McDonald's
MCD
$192B
| $172M | 0.1% |
654,351
+544,272
| +494% | +$144M |
|
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Israel Englander's Q4 2022 Portfolio in Review
As of Q4 2022, Israel Englander held 7,859 positions worth $181B, up 6.9% from $169B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander's Q4 2022 filing shows 848 new, 2,516 increased, 2,491 reduced and 1,333 closed positions. Its largest new stake was Keurig Dr Pepper: 4,680,704 shares worth $167M. The largest sale was Duke Realty Corp., an estimated $779M.
By sector, the portfolio is most concentrated in Technology at 8.2% of assets, up from 7.9% a quarter earlier, followed by Healthcare and Financials.
- Israel Englander's largest Q4 2022 buy was Keurig Dr Pepper: 4,680,704 shares worth $167M.
- Israel Englander added most to Invesco QQQ Trust in Q4 2022, an estimated $917M increase.
- Israel Englander's biggest Q4 2022 reduction was Chevron, cutting an estimated $569M.
- Israel Englander fully exited Duke Realty Corp. in Q4 2022, selling an estimated $779M.
- Israel Englander's ten largest holdings make up 20% of its $181B portfolio in Q4 2022.
- Israel Englander opened 848 new positions and closed 1,333 in Q4 2022.
- Israel Englander's portfolio value rose 6.9% quarter-over-quarter to $181B.
Based on Millennium Management's 13F filing for Q4 2022, filed 14 Feb 2023.