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 | |
|---|---|---|---|---|---|---|
176
CALL
Salesforce
CRM
$171B
| $197M | 0.09% |
748,200
+355,900
| +91% | +$80.5M |
|
|
WCN
177
Waste Connections
WCN
$42.6B
| $197M | 0.09% |
1,318,383
+682,684
| +107% | +$93.8M |
|
178
PUT
General Motors
GM
$77.2B
| $196M | 0.09% |
5,470,000
-369,400
| -6% | -$11.4M |
|
179
Berkshire Hathaway Class B
BRK.B
$1.06T
| $196M | 0.08% |
550,321
-185,201
| -25% | -$65M |
|
180
TSMC
TSM
$2.17T
| $193M | 0.08% |
1,855,499
+1,131,478
| +156% | +$108M |
|
181
D.R. Horton
DHI
$41.5B
| $193M | 0.08% |
1,268,067
-59,411
| -4% | -$7.32M |
|
182
CALL
Alphabet (Google) Class C
GOOG
$4.18T
| $192M | 0.08% |
1,365,100
+669,900
| +96% | +$90.9M |
|
183
Icon
ICLR
$13.3B
| $192M | 0.08% |
677,825
-112,042
| -14% | -$29M |
|
184
PUT
Intuit
INTU
$100B
| $191M | 0.08% |
306,200
+36,800
| +14% | +$20.3M |
|
185
Wells Fargo
WFC
$254B
| $191M | 0.08% |
3,885,037
-4,860,214
| -56% | -$210M |
|
186
CALL
Qualcomm
QCOM
$169B
| $190M | 0.08% |
1,312,800
+566,500
| +76% | +$70.2M |
|
187
PUT
Citigroup
C
$221B
| $190M | 0.08% |
3,686,700
+765,500
| +26% | +$33.9M |
|
188
Lowe's Companies
LOW
$121B
| $190M | 0.08% |
851,554
+425,488
| +100% | +$86.2M |
|
189
CALL
Adobe
ADBE
$109B
| $189M | 0.08% |
317,500
+132,300
| +71% | +$76.3M |
|
190
Coca-Cola
KO
$392B
| $189M | 0.08% |
3,214,046
-3,646,303
| -53% | -$207M |
|
|
SEE
191
DELISTED
Sealed Air
SEE
| $187M | 0.08% |
5,129,019
+2,009,580
| +64% | +$65.9M |
|
192
PUT
AbbVie
ABBV
$468B
| $186M | 0.08% |
1,200,000
-124,900
| -9% | -$18.2M |
|
193
PUT
Chipotle Mexican Grill
CMG
$46.7B
| $186M | 0.08% |
4,065,000
-40,000
| -1% | -$1.66M |
|
194
Visa
V
$693B
| $185M | 0.08% |
710,115
-270,468
| -28% | -$66.7M |
|
195
ExxonMobil
XOM
$679B
| $184M | 0.08% |
1,842,077
+1,169,726
| +174% | +$123M |
|
196
Eastman Chemical
EMN
$8.47B
| $184M | 0.08% |
2,050,368
+601,179
| +41% | +$47.9M |
|
197
PUT
Booking.com
BKNG
$158B
| $184M | 0.08% |
1,295,000
+237,500
| +22% | +$29.6M |
|
198
CALL
iShares MSCI EAFE ETF
EFA
$80B
| $183M | 0.08% |
2,430,600
+800,600
| +49% | +$56.6M |
|
199
CALL
Goldman Sachs
GS
$303B
| $182M | 0.08% |
472,700
+216,600
| +85% | +$72.3M |
|
|
GRFS
200
Grifois
GRFS
$5.44B
| $182M | 0.08% |
15,739,163
+1,842,726
| +13% | +$17.2M |
|
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.