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 Bitcoin Trust
IBIT
|
+$651M |
| 2 |
Fidelity Wise Origin Bitcoin Fund
FBTC
|
+$622M |
| 3 |
Merck
MRK
|
+$496M |
| 4 |
Adobe
ADBE
|
+$446M |
| 5 |
CRH
CRH
|
+$410M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$4.33B |
| 2 |
Microsoft
MSFT
|
+$965M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$542M |
| 4 |
NVIDIA
NVDA
|
+$522M |
| 5 |
Linde
LIN
|
+$377M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.55% |
| 2 | Healthcare | 6.96% |
| 3 | Financials | 6.02% |
| 4 | Industrials | 5.05% |
| 5 | Consumer Discretionary | 4.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
CALL
Mastercard
MA
$509B
| $223M | 0.1% |
464,100
-2,100
| -0.5% | -$960K |
|
177
PUT
Occidental Petroleum
OXY
$61.3B
| $223M | 0.1% |
3,427,500
-1,919,100
| -36% | -$115M |
|
178
CALL
Wells Fargo
WFC
$254B
| $222M | 0.1% |
3,836,300
-557,000
| -13% | -$29.1M |
|
179
Vulcan Materials
VMC
$35.8B
| $221M | 0.09% |
809,775
-400,926
| -33% | -$98.8M |
|
180
Dycom Industries
DY
$11.8B
| $220M | 0.09% |
1,534,607
+156,916
| +11% | +$19.3M |
|
181
PUT
American Express
AXP
$227B
| $217M | 0.09% |
953,000
+249,100
| +35% | +$51.7M |
|
182
Pfizer
PFE
$160B
| $216M | 0.09% |
7,776,159
-1,759,324
| -18% | -$48.8M |
|
183
CALL
Visa
V
$693B
| $216M | 0.09% |
772,500
+112,200
| +17% | +$31M |
|
184
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $214M | 0.09% |
2,329,800
-369,600
| -14% | -$32.9M |
|
185
Ferguson
FERG
$46.9B
| $214M | 0.09% |
979,252
+72,663
| +8% | +$14.5M |
|
186
PUT
Mercado Libre
MELI
$97.5B
| $213M | 0.09% |
140,700
+33,700
| +31% | +$55.2M |
|
187
United Airlines
UAL
$36.7B
| $212M | 0.09% |
4,436,909
+3,420,701
| +337% | +$147M |
|
188
Tenet Healthcare
THC
$22.6B
| $211M | 0.09% |
2,010,402
+683,525
| +52% | +$61.4M |
|
189
CALL
iShares MSCI EAFE ETF
EFA
$80B
| $211M | 0.09% |
2,646,000
+215,400
| +9% | +$16.5M |
|
190
Nutrien
NTR
$35.9B
| $209M | 0.09% |
3,848,257
+1,853,104
| +93% | +$96.6M |
|
191
Zimmer Biomet
ZBH
$19.3B
| $208M | 0.09% |
1,576,780
+1,034,778
| +191% | +$129M |
|
192
Ovintiv
OVV
$18.5B
| $207M | 0.09% |
3,997,629
+1,104,534
| +38% | +$50.3M |
|
193
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $207M | 0.09% |
4,380,200
-2,134,600
| -33% | -$91.7M |
|
194
Johnson Controls International
JCI
$86.7B
| $205M | 0.09% |
3,134,244
-552,823
| -15% | -$32.2M |
|
195
West Pharmaceutical
WST
$24.8B
| $204M | 0.09% |
516,626
+490,308
| +1,863% | +$181M |
|
|
EXAS
196
DELISTED
Exact Sciences
EXAS
| $203M | 0.09% |
2,946,523
+2,721,096
| +1,207% | +$172M |
|
197
PUT
Airbnb
ABNB
$110B
| $203M | 0.09% |
1,229,500
+181,800
| +17% | +$27.5M |
|
198
CALL
UnitedHealth
UNH
$350B
| $203M | 0.09% |
409,700
+90,200
| +28% | +$45.9M |
|
199
Icon
ICLR
$13.3B
| $203M | 0.09% |
603,276
-74,549
| -11% | -$22M |
|
200
Illinois Tool Works
ITW
$80.4B
| $203M | 0.09% |
755,233
+596,529
| +376% | +$155M |
|
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Israel Englander's Q1 2024 Portfolio in Review
As of Q1 2024, Israel Englander held 6,887 positions worth $234B, up 1.3% from $231B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Israel Englander withdrew a net $25.1B in Q1 2024, closing 745 positions and reducing 2,484 holdings. Its most notable exit was Splunk Inc, an estimated $319M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.5% of assets, up from 8.3% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in iShares Bitcoin Trust worth $844M.
- Israel Englander's largest Q1 2024 buy was iShares Bitcoin Trust: 20,859,447 shares worth $844M.
- Israel Englander added most to Merck in Q1 2024, an estimated $496M increase.
- Israel Englander's biggest Q1 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $4.33B.
- Israel Englander fully exited Splunk Inc in Q1 2024, selling an estimated $319M.
- Israel Englander's ten largest holdings make up 17% of its $234B portfolio in Q1 2024.
- Israel Englander opened 858 new positions and closed 745 in Q1 2024.
- Israel Englander's portfolio value rose 1.3% quarter-over-quarter to $234B.
Based on Millennium Management's 13F filing for Q1 2024, filed 15 May 2024.