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
|
+$1.59B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.04B |
| 3 |
Microsoft
MSFT
|
+$794M |
| 4 |
Home Depot
HD
|
+$512M |
| 5 |
Vertex Pharmaceuticals
VRTX
|
+$357M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$491M |
| 2 |
Linde
LIN
|
+$373M |
| 3 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$298M |
| 4 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$290M |
| 5 |
Salesforce
CRM
|
+$249M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.38% |
| 2 | Healthcare | 7.46% |
| 3 | Consumer Discretionary | 5.14% |
| 4 | Industrials | 5.11% |
| 5 | Financials | 4.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
CBRE Group
CBRE
$44B
| $175M | 0.09% |
2,163,586
+877,096
| +68% | +$65.7M |
|
152
RTX Corp
RTX
$283B
| $174M | 0.09% |
1,772,149
+565,337
| +47% | +$55.4M |
|
153
PUT
Bank of America
BAC
$431B
| $173M | 0.09% |
6,016,100
-1,598,400
| -21% | -$45.6M |
|
154
PUT
Amgen
AMGN
$238B
| $172M | 0.09% |
776,400
+162,800
| +27% | +$37.8M |
|
155
American Electric Power
AEP
$65.8B
| $172M | 0.09% |
2,046,387
+1,761,458
| +618% | +$156M |
|
156
Nike
NKE
$60.5B
| $172M | 0.08% |
1,560,273
+716,431
| +85% | +$83.8M |
|
157
Exelon
EXC
$45.1B
| $171M | 0.08% |
4,191,791
+1,483,270
| +55% | +$61.3M |
|
158
Costco
COST
$420B
| $169M | 0.08% |
313,997
+220,548
| +236% | +$112M |
|
159
CALL
Procter & Gamble
PG
$336B
| $169M | 0.08% |
1,111,300
-211,700
| -16% | -$31.9M |
|
160
iShares Russell 2000 ETF
IWM
$81.9B
| $168M | 0.08% |
897,480
+860,196
| +2,307% | +$153M |
|
161
Ares Management
ARES
$31.9B
| $168M | 0.08% |
1,742,906
+166,314
| +11% | +$14.4M |
|
162
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $166M | 0.08% |
1,531,200
+1,512,000
| +7,875% | +$164M |
|
|
PXD
163
DELISTED
Pioneer Natural Resource Co.
PXD
| $165M | 0.08% |
798,663
+688,225
| +623% | +$145M |
|
164
Cheniere Energy
LNG
$57.3B
| $165M | 0.08% |
1,084,928
+274,775
| +34% | +$40.7M |
|
|
SPLK
165
DELISTED
Splunk Inc
SPLK
| $165M | 0.08% |
1,556,846
+91,914
| +6% | +$8.73M |
|
166
PUT
Qualcomm
QCOM
$169B
| $165M | 0.08% |
1,385,900
+474,100
| +52% | +$54.5M |
|
167
Alibaba
BABA
$286B
| $165M | 0.08% |
1,979,185
+217,509
| +12% | +$19M |
|
168
KLA
KLAC
$240B
| $165M | 0.08% |
3,399,430
+221,780
| +7% | +$9.27M |
|
169
iShares Russell 1000 ETF
IWB
$49.3B
| $165M | 0.08% |
675,168
+657,508
| +3,723% | +$151M |
|
|
170
CALL
Bank of America
BAC
$431B
| $164M | 0.08% |
5,707,500
-1,314,600
| -19% | -$37.5M |
|
171
Republic Services
RSG
$67.6B
| $163M | 0.08% |
1,067,350
+515,463
| +93% | +$73.7M |
|
172
CALL
Lockheed Martin
LMT
$130B
| $163M | 0.08% |
354,100
-300
| -0.1% | -$139K |
|
173
PUT
T-Mobile US
TMUS
$196B
| $162M | 0.08% |
1,169,200
-302,900
| -21% | -$42.5M |
|
174
PUT
United Airlines
UAL
$36.7B
| $162M | 0.08% |
2,957,600
-1,176,700
| -28% | -$55.6M |
|
175
PUT
Workday
WDAY
$49.4B
| $161M | 0.08% |
711,600
+473,300
| +199% | +$94.8M |
|
Similar funds
Israel Englander's Q2 2023 Portfolio in Review
As of Q2 2023, Israel Englander held 7,181 positions worth $203B, up 16% from $174B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Israel Englander deployed $14B of net new capital in Q2 2023, opening 870 new positions and adding to 2,213 existing holdings. Its largest new stake was ResMed: 632,015 shares worth $138M.
By sector, the portfolio is most concentrated in Technology at 8.4% of assets, down from 8.4% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Tesla, an estimated $491M trimmed.
- Israel Englander's largest Q2 2023 buy was ResMed: 632,015 shares worth $138M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q2 2023, an estimated $1.59B increase.
- Israel Englander's biggest Q2 2023 reduction was Tesla, cutting an estimated $491M.
- Israel Englander fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $237M.
- Israel Englander's ten largest holdings make up 26% of its $203B portfolio in Q2 2023.
- Israel Englander opened 870 new positions and closed 1,192 in Q2 2023.
- Israel Englander's portfolio value rose 16% quarter-over-quarter to $203B.
Based on Millennium Management's 13F filing for Q2 2023, filed 14 Aug 2023.