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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.38B |
| 2 |
Microsoft
MSFT
|
+$667M |
| 3 |
Spotify
SPOT
|
+$528M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$438M |
| 5 |
Eli Lilly
LLY
|
+$412M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.59B |
| 2 |
Amazon
AMZN
|
+$1.45B |
| 3 |
Merck
MRK
|
+$925M |
| 4 |
Broadcom
AVGO
|
+$765M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$672M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.59% |
| 2 | Healthcare | 7.29% |
| 3 | Financials | 7.2% |
| 4 | Industrials | 6.31% |
| 5 | Consumer Discretionary | 4.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
Koppers
KOP
$874M
| $11.7M | 0.01% |
320,369
+123,665
| +63% | +$4.62M |
|
1952
CF Industries
CF
$19.2B
| $11.7M | 0.01% |
136,058
-224,515
| -62% | -$17.4M |
|
1953
MacroGenics
MGNX
$261M
| $11.6M | 0.01% |
3,535,900
+223,228
| +7% | +$870K |
|
1954
Martin Marietta Materials
MLM
$38.3B
| $11.6M | 0.01% |
21,611
+17,489
| +424% | +$9.45M |
|
1955
Forward Air
FWRD
$593M
| $11.6M | 0.01% |
328,491
+281,952
| +606% | +$8M |
|
1956
CALL
Equinix
EQIX
$107B
| $11.6M | 0.01% |
13,100
+9,800
| +297% | +$8.03M |
|
1957
Virtus Investment Partners
VRTS
$1.11B
| $11.6M | 0.01% |
55,373
+27,260
| +97% | +$5.84M |
|
|
HOUS
1958
DELISTED
Anywhere Real Estate
HOUS
| $11.6M | 0.01% |
2,281,321
+246,813
| +12% | +$1.14M |
|
1959
BJ's Restaurants
BJRI
$1.43B
| $11.6M | 0.01% |
354,961
+339,354
| +2,174% | +$10.9M |
|
1960
EPR Properties
EPR
$4.62B
| $11.5M | 0.01% |
235,266
-223,498
| -49% | -$10.2M |
|
1961
PUT
Cognizant
CTSH
$27.7B
| $11.5M | 0.01% |
149,400
-21,100
| -12% | -$1.57M |
|
|
PPBI
1962
DELISTED
Pacific Premier Bancorp
PPBI
| $11.5M | 0.01% |
457,359
+306,596
| +203% | +$7.66M |
|
1963
United Rentals
URI
$65.9B
| $11.5M | 0.01% |
14,200
-26,185
| -65% | -$18.8M |
|
1964
PUT
Honda
HMC
$40.9B
| $11.5M | 0.01% |
361,900
-188,100
| -34% | -$5.97M |
|
1965
PUT
Baker Hughes
BKR
$61.6B
| $11.5M | 0.01% |
317,600
+214,000
| +207% | +$7.52M |
|
1966
WisdomTree Floating Rate Treasury Fund
USFR
$18.7B
| $11.5M | 0.01% |
228,570
+62,875
| +38% | +$3.17M |
|
1967
Scansource
SCSC
$1.13B
| $11.5M | 0.01% |
238,511
+102,245
| +75% | +$4.84M |
|
1968
PUT
Apollo Global Management
APO
$79.4B
| $11.5M | 0.01% |
91,700
+81,100
| +765% | +$9.36M |
|
1969
CALL
ProShares UltraPro QQQ
TQQQ
$35.3B
| $11.5M | 0.01% |
316,000
+105,800
| +50% | +$3.63M |
|
|
MBX
1970
MBX Biosciences
MBX
$3.21B
| $11.4M | 0.01% |
+440,411
| New | +$10.1M |
|
|
CWAN
1971
DELISTED
Clearwater Analytics
CWAN
| $11.4M | 0.01% |
452,869
-683,739
| -60% | -$15.4M |
|
1972
Editas Medicine
EDIT
$493M
| $11.4M | 0.01% |
3,350,856
+891,227
| +36% | +$3.88M |
|
1973
Veracyte
VCYT
$3.51B
| $11.4M | 0.01% |
335,509
+271,278
| +422% | +$7.63M |
|
1974
Cushman & Wakefield Ltd
CWK
$3.43B
| $11.4M | 0.01% |
836,790
+694,971
| +490% | +$8.76M |
|
1975
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $11.4M | 0.01% |
63,500
+28,500
| +81% | +$4.87M |
|
Similar funds
Israel Englander's Q3 2024 Portfolio in Review
As of Q3 2024, Israel Englander held 6,698 positions worth $211B, down 2.3% from $216B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Israel Englander withdrew a net $20.6B in Q3 2024, closing 667 positions and reducing 2,445 holdings. Its most notable exit was WestRock Company, an estimated $161M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.6% of assets, down from 10% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in Smurfit Westrock worth $94.1M.
- Israel Englander's largest Q3 2024 buy was Smurfit Westrock: 1,904,931 shares worth $94.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $1.38B increase.
- Israel Englander's biggest Q3 2024 reduction was Apple, cutting an estimated $2.59B.
- Israel Englander fully exited WestRock Company in Q3 2024, selling an estimated $161M.
- Israel Englander's ten largest holdings make up 17% of its $211B portfolio in Q3 2024.
- Israel Englander opened 898 new positions and closed 667 in Q3 2024.
- Israel Englander's portfolio value fell 2.3% quarter-over-quarter to $211B.
Based on Millennium Management's 13F filing for Q3 2024, filed 14 Nov 2024.