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 | Miscellaneous | 58.76% |
| 2 | Technology | 8.34% |
| 3 | Healthcare | 6.09% |
| 4 | Financials | 5% |
| 5 | Consumer Discretionary | 4.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
Adient
ADNT
$1.45B
| $11.3M | ﹤0.01% |
309,474
+20,104
| +7% | +$690K |
|
2002
Grupo Cibest SA
CIB
$23.3B
| $11.2M | ﹤0.01% |
364,981
+151,282
| +71% | +$4.11M |
|
2003
Adecoagro
AGRO
$1.54B
| $11.2M | ﹤0.01% |
1,010,746
+184,794
| +22% | +$2.03M |
|
2004
Gerdau
GGB
$9.22B
| $11.2M | ﹤0.01% |
2,773,808
+1,142,840
| +70% | +$4.37M |
|
2005
Enterprise Financial Services Corp
EFSC
$2.3B
| $11.2M | ﹤0.01% |
250,833
-27,407
| -10% | -$1.07M |
|
|
GAP
2006
PUT
The Gap Inc
GAP
$7.48B
| $11.2M | ﹤0.01% |
534,600
+146,900
| +38% | +$2.37M |
|
2007
Hanmi Financial
HAFC
$924M
| $11.2M | ﹤0.01% |
575,373
+209,648
| +57% | +$3.53M |
|
2008
Bank OZK
OZK
$5.39B
| $11.2M | ﹤0.01% |
223,981
-993,099
| -82% | -$40.9M |
|
2009
CALL
CenterPoint Energy
CNP
$25.9B
| $11.2M | ﹤0.01% |
390,500
| – | – |
|
2010
Peloton Interactive
PTON
$2.33B
| $11.1M | ﹤0.01% |
1,828,756
-2,246,400
| -55% | -$12.1M |
|
2011
PUT
Warner Bros
WBD
$72.4B
| $11.1M | ﹤0.01% |
978,400
+638,400
| +188% | +$6.89M |
|
2012
BOK Financial
BOKF
$8.4B
| $11.1M | ﹤0.01% |
129,877
+126,119
| +3,356% | +$9.51M |
|
2013
Ironwood Pharmaceuticals
IRWD
$701M
| $11.1M | ﹤0.01% |
972,135
+794,782
| +448% | +$7.86M |
|
2014
ACV Auctions
ACVA
$1.23B
| $11.1M | ﹤0.01% |
732,192
+687,292
| +1,531% | +$10.1M |
|
2015
Wipro
WIT
$17.8B
| $11.1M | ﹤0.01% |
3,982,910
+3,942,820
| +9,835% | +$9.57M |
|
|
RAPT
2016
DELISTED
RAPT Therapeutics
RAPT
| $11.1M | ﹤0.01% |
55,594
-6,301
| -10% | -$780K |
|
2017
PUT
Constellation Brands
STZ
$22.4B
| $11M | ﹤0.01% |
45,700
-58,700
| -56% | -$14M |
|
2018
CALL
Celsius Holdings
CELH
$8.35B
| $11M | ﹤0.01% |
202,400
-49,900
| -20% | -$2.66M |
|
2019
CALL
Arthur J. Gallagher & Co
AJG
$66.7B
| $11M | ﹤0.01% |
+49,000
| New | +$11.6M |
|
2020
Ameris Bancorp
ABCB
$5.73B
| $11M | ﹤0.01% |
207,504
-105,922
| -34% | -$4.53M |
|
2021
PUT
iShares MSCI Canada ETF
EWC
$6.91B
| $11M | ﹤0.01% |
300,000
| – | – |
|
2022
CALL
iShares MSCI Brazil ETF
EWZ
$8.2B
| $11M | ﹤0.01% |
314,000
-612,500
| -66% | -$19.8M |
|
2023
Scotiabank
BNS
$113B
| $10.9M | ﹤0.01% |
224,665
+195,514
| +671% | +$8.61M |
|
|
MODN
2024
DELISTED
MODEL N, INC.
MODN
| $10.9M | ﹤0.01% |
405,601
-290,597
| -42% | -$7M |
|
2025
CALL
ARK Innovation ETF
ARKK
$6.68B
| $10.9M | ﹤0.01% |
208,500
+127,100
| +156% | +$5.5M |
|
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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's Q4 2023 filing shows 816 new, 2,304 increased, 2,388 reduced and 883 closed positions. Its largest new stake was Ferguson: 906,589 shares worth $175M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $2.47B.
By sector, the portfolio is most concentrated in Miscellaneous at 59% of assets, up from 55% a quarter earlier, followed by Technology and Healthcare.
- 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.