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 |
Shopify
SHOP
|
+$417M |
| 2 |
PARA
Paramount Global Class B
PARA
|
+$344M |
| 3 |
Baidu
BIDU
|
+$254M |
| 4 |
American Electric Power
AEP
|
+$214M |
| 5 |
Intuitive Surgical
ISRG
|
+$212M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.19B |
| 2 |
Microsoft
MSFT
|
+$1.44B |
| 3 |
Intel
INTC
|
+$925M |
| 4 |
NVIDIA
NVDA
|
+$589M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$573M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 53.68% |
| 2 | Technology | 9.62% |
| 3 | Healthcare | 7.51% |
| 4 | Consumer Discretionary | 5.84% |
| 5 | Financials | 5.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2076
Cactus
WHD
$4.78B
| $7.51M | 0.01% |
245,145
+123,029
| +101% | +$3.73M |
|
2077
Matsons
MATX
$6.64B
| $7.5M | 0.01% |
112,524
+68,168
| +154% | +$4.67M |
|
2078
Brighthouse Financial
BHF
$3.11B
| $7.5M | 0.01% |
169,475
-245,846
| -59% | -$10.1M |
|
|
XONE
2079
DELISTED
The ExOne Company
XONE
| $7.49M | 0.01% |
238,865
+72,432
| +44% | +$2.28M |
|
2080
Iridium Communications
IRDM
$5.05B
| $7.49M | 0.01% |
+181,557
| New | +$7.95M |
|
2081
Marriott Vacations Worldwide
VAC
$3.83B
| $7.49M | 0.01% |
42,971
+34,216
| +391% | +$5.33M |
|
2082
PNC Financial Services
PNC
$97.1B
| $7.48M | 0.01% |
42,655
-2,198
| -5% | -$363K |
|
|
ENDP
2083
DELISTED
Endo International plc
ENDP
| $7.47M | 0.01% |
1,008,328
+994,534
| +7,210% | +$8.06M |
|
|
KLAQ
2084
DELISTED
KL Acquisition Corp Class A Common Stock
KLAQ
| $7.47M | 0.01% |
+770,000
| New | +$7.53M |
|
2085
PUT
LGI Homes
LGIH
$1.32B
| $7.47M | 0.01% |
50,000
-50,000
| -50% | -$6.01M |
|
2086
Nurix Therapeutics
NRIX
$2.79B
| $7.46M | 0.01% |
239,935
+126,731
| +112% | +$4.79M |
|
|
OACB
2087
DELISTED
Oaktree Acquisition Corp. II
OACB
| $7.46M | 0.01% |
753,756
-567,878
| -43% | -$5.96M |
|
2088
PUT
Carvana
CVNA
$53.3B
| $7.45M | 0.01% |
+142,000
| New | +$7.83M |
|
|
FLME.U
2089
DELISTED
Flame Acquisition Corp. Units, each consisting of one share of Class A Common Stock, and one-half of one Warrant
FLME.U
| $7.45M | 0.01% |
+750,000
| New | +$7.49M |
|
2090
CALL
Sanofi
SNY
$107B
| $7.42M | 0.01% |
+150,000
| New | +$7.21M |
|
2091
Cardinal Health
CAH
$54.7B
| $7.42M | 0.01% |
122,051
-822,681
| -87% | -$45.4M |
|
2092
Eldorado Gold
EGO
$12.5B
| $7.41M | 0.01% |
686,892
+34,838
| +5% | +$412K |
|
|
LUXE
2093
LuxExperience B.V.
LUXE
$1.07B
| $7.41M | 0.01% |
+262,290
| New | +$8.1M |
|
2094
PUT
Cummins
CMI
$79B
| $7.41M | 0.01% |
28,600
+16,900
| +144% | +$4.22M |
|
2095
Fulgent Genetics
FLGT
$549M
| $7.4M | 0.01% |
76,600
+17,982
| +31% | +$1.86M |
|
2096
CALL
Ultragenyx Pharmaceutical
RARE
$2.59B
| $7.4M | 0.01% |
65,000
+57,700
| +790% | +$7.86M |
|
|
GMIIU
2097
DELISTED
Gores Metropoulos II, Inc. Unit
GMIIU
| $7.4M | 0.01% |
+732,277
| New | +$7.81M |
|
2098
Funko
FNKO
$377M
| $7.39M | 0.01% |
375,707
+36,657
| +11% | +$511K |
|
2099
Elastic
ESTC
$8.7B
| $7.39M | 0.01% |
66,419
-45,276
| -41% | -$6.43M |
|
|
CMIIU
2100
DELISTED
CM Life Sciences II Inc. Unit
CMIIU
| $7.39M | 0.01% |
+577,000
| New | +$7.24M |
|
Similar funds
Israel Englander's Q1 2021 Portfolio in Review
As of Q1 2021, Israel Englander held 6,933 positions worth $140B, up 0.91% from $138B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Israel Englander withdrew a net $10.6B in Q1 2021, closing 1,099 positions and reducing 2,117 holdings. Its most notable exit was iShares Russell 2000 ETF, an estimated $573M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 54% of assets, up from 50% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Israel Englander opened a new position in KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant worth $94.1M.
- Israel Englander's largest Q1 2021 buy was KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant: 9,400,000 shares worth $94.1M.
- Israel Englander added most to Shopify in Q1 2021, an estimated $417M increase.
- Israel Englander's biggest Q1 2021 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.19B.
- Israel Englander fully exited iShares Russell 2000 ETF in Q1 2021, selling an estimated $573M.
- Israel Englander's ten largest holdings make up 21% of its $140B portfolio in Q1 2021.
- Israel Englander opened 1,778 new positions and closed 1,099 in Q1 2021.
- Israel Englander's portfolio value rose 0.91% quarter-over-quarter to $140B.
Based on Millennium Management's 13F filing for Q1 2021, filed 17 May 2021.