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 | |
|---|---|---|---|---|---|---|
201
PUT
Freeport-McMoran
FCX
$110B
| $202M | 0.09% |
4,299,200
+273,300
| +7% | +$11M |
|
202
Grayscale Bitcoin Trust
GBTC
$11.6B
| $202M | 0.09% |
+3,540,401
| New | +$156M |
|
203
Bank of America
BAC
$431B
| $201M | 0.09% |
5,287,732
+3,139,720
| +146% | +$108M |
|
204
Ross Stores
ROST
$76.7B
| $200M | 0.09% |
1,363,919
+1,166,780
| +592% | +$167M |
|
205
Qualcomm
QCOM
$169B
| $199M | 0.09% |
1,176,818
-894,541
| -43% | -$138M |
|
206
BioMarin Pharmaceuticals
BMRN
$12.9B
| $199M | 0.09% |
2,277,179
+1,108,824
| +95% | +$99.3M |
|
207
Progressive
PGR
$127B
| $199M | 0.08% |
960,622
+10,511
| +1% | +$1.95M |
|
208
CALL
Home Depot
HD
$335B
| $198M | 0.08% |
515,000
-55,400
| -10% | -$20.2M |
|
209
Teck Resources
TECK
$33.9B
| $197M | 0.08% |
4,299,406
+1,176,393
| +38% | +$47.2M |
|
210
CALL
Walmart Inc
WMT
$825B
| $196M | 0.08% |
3,258,100
-666,800
| -17% | -$38.2M |
|
211
AstraZeneca
AZN
$257B
| $196M | 0.08% |
1,446,555
+1,140,021
| +372% | +$151M |
|
212
Union Pacific
UNP
$183B
| $195M | 0.08% |
791,389
-405,898
| -34% | -$99.9M |
|
213
Twilio
TWLO
$34.6B
| $193M | 0.08% |
3,161,300
+1,564,262
| +98% | +$103M |
|
214
PUT
Chipotle Mexican Grill
CMG
$46.7B
| $193M | 0.08% |
3,325,000
-740,000
| -18% | -$37.8M |
|
215
PUT
RTX Corp
RTX
$283B
| $193M | 0.08% |
1,980,000
+473,500
| +31% | +$42.7M |
|
|
X
216
DELISTED
US Steel
X
| $193M | 0.08% |
4,725,834
+3,001,518
| +174% | +$137M |
|
217
PUT
Valero Energy
VLO
$100B
| $192M | 0.08% |
1,124,100
-108,200
| -9% | -$15.5M |
|
218
Regeneron Pharmaceuticals
REGN
$85.9B
| $192M | 0.08% |
199,206
-81,075
| -29% | -$77.1M |
|
219
Berkshire Hathaway Class B
BRK.B
$1.06T
| $192M | 0.08% |
455,501
-94,820
| -17% | -$37.3M |
|
220
GE Aerospace
GE
$361B
| $191M | 0.08% |
1,361,120
-63,720
| -4% | -$7.51M |
|
221
PUT
Lowe's Companies
LOW
$121B
| $189M | 0.08% |
743,000
+152,900
| +26% | +$35.1M |
|
222
PUT
SLB Ltd
SLB
$79.9B
| $189M | 0.08% |
3,450,300
+2,146,800
| +165% | +$108M |
|
223
American Express
AXP
$227B
| $189M | 0.08% |
828,216
+559,108
| +208% | +$116M |
|
224
PUT
Texas Instruments
TXN
$241B
| $188M | 0.08% |
1,081,200
-146,200
| -12% | -$24.4M |
|
225
CALL
Salesforce
CRM
$171B
| $185M | 0.08% |
615,500
-132,700
| -18% | -$38.3M |
|
Similar funds
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.