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 | |
|---|---|---|---|---|---|---|
1976
PUT
Southwest Airlines
LUV
$20.1B
| $10M | 0.01% |
277,500
-36,600
| -12% | -$1.15M |
|
1977
PUT
KraneShares CSI China Internet ETF
KWEB
$5.2B
| $10M | ﹤0.01% |
372,400
+10,600
| +3% | +$295K |
|
1978
Markel Group
MKL
$22.4B
| $10M | ﹤0.01% |
7,247
+4,440
| +158% | +$5.95M |
|
1979
Revolution Medicines
RVMD
$45.5B
| $10M | ﹤0.01% |
374,090
-178,961
| -32% | -$4.39M |
|
1980
Douglas Dynamics
PLOW
$960M
| $10M | ﹤0.01% |
334,850
+130,007
| +63% | +$3.82M |
|
|
DENN
1981
DELISTED
Denny's
DENN
| $10M | ﹤0.01% |
811,668
+209,172
| +35% | +$2.37M |
|
1982
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33B
| $9.99M | ﹤0.01% |
92,348
-44,575
| -33% | -$4.82M |
|
1983
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.7B
| $9.98M | ﹤0.01% |
+20,844
| New | +$9.49M |
|
1984
PUT
Colgate-Palmolive
CL
$73.4B
| $9.98M | ﹤0.01% |
129,500
+7,600
| +6% | +$588K |
|
1985
HUTCHMED
HCM
$2.16B
| $9.96M | ﹤0.01% |
830,363
-78,043
| -9% | -$1.06M |
|
1986
CALL
Digital Realty Trust
DLR
$71.3B
| $9.96M | ﹤0.01% |
87,500
+85,400
| +4,067% | +$8.45M |
|
|
MTAL
1987
DELISTED
Metals Acquisition
MTAL
| $9.96M | ﹤0.01% |
966,692
-311,427
| -24% | -$3.19M |
|
1988
CNX Resources
CNX
$5.37B
| $9.91M | ﹤0.01% |
559,233
+38,607
| +7% | +$623K |
|
1989
Puma Biotechnology
PBYI
$469M
| $9.91M | ﹤0.01% |
2,806,254
-179,581
| -6% | -$560K |
|
1990
SLM Corp
SLM
$5.02B
| $9.89M | ﹤0.01% |
605,985
-1,117,822
| -65% | -$17M |
|
1991
Gray Television
GTN
$510M
| $9.88M | ﹤0.01% |
1,253,768
-360,342
| -22% | -$2.77M |
|
1992
SLB Ltd
SLB
$79.3B
| $9.88M | ﹤0.01% |
201,101
-1,180,241
| -85% | -$56.3M |
|
1993
CALL
Quanta Services
PWR
$92.2B
| $9.86M | ﹤0.01% |
50,200
+200
| +0.4% | +$34.9K |
|
|
XAGE
1994
DELISTED
Longevity Health Holdings, Inc. Common Stock
XAGE
| $9.86M | ﹤0.01% |
31,908
| – | – |
|
1995
American Financial Group
AFG
$12B
| $9.85M | ﹤0.01% |
82,980
-253,773
| -75% | -$29.9M |
|
1996
LivePerson
LPSN
$33.4M
| $9.84M | ﹤0.01% |
145,199
+134,202
| +1,220% | +$8.71M |
|
1997
iShares MSCI Emerging Markets ETF
EEM
$31.3B
| $9.84M | ﹤0.01% |
248,683
-3,098,277
| -93% | -$122M |
|
1998
News Corp Class A
NWSA
$16.6B
| $9.84M | ﹤0.01% |
504,364
+79,790
| +19% | +$1.45M |
|
1999
TPG
TPG
$8.8B
| $9.82M | ﹤0.01% |
335,712
-690,490
| -67% | -$19.4M |
|
2000
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.3B
| $9.82M | ﹤0.01% |
300,000
-617,000
| -67% | -$20.8M |
|
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.