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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.38B |
| 2 |
Microsoft
MSFT
|
+$667M |
| 3 |
Spotify
SPOT
|
+$528M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$438M |
| 5 |
Eli Lilly
LLY
|
+$412M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.59B |
| 2 |
Amazon
AMZN
|
+$1.45B |
| 3 |
Merck
MRK
|
+$925M |
| 4 |
Broadcom
AVGO
|
+$765M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$672M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.59% |
| 2 | Healthcare | 7.29% |
| 3 | Financials | 7.2% |
| 4 | Industrials | 6.31% |
| 5 | Consumer Discretionary | 4.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Netflix
NFLX
$331B
| $181M | 0.09% |
2,550,930
-986,410
| -28% | -$66M |
|
202
Natera
NTRA
$47.9B
| $180M | 0.09% |
1,418,733
-255,432
| -15% | -$29.3M |
|
203
PUT
Booking.com
BKNG
$158B
| $179M | 0.09% |
1,065,000
-2,500
| -0.2% | -$383K |
|
204
Tenet Healthcare
THC
$22.6B
| $179M | 0.09% |
1,077,870
-487,067
| -31% | -$73.7M |
|
205
Western Digital
WDC
$166B
| $179M | 0.08% |
3,468,213
-3,161,754
| -48% | -$160M |
|
206
Lam Research
LRCX
$393B
| $178M | 0.08% |
2,185,850
+80,830
| +4% | +$7.03M |
|
207
Flutter Entertainment
FLUT
$17.8B
| $178M | 0.08% |
750,747
+521,876
| +228% | +$108M |
|
208
PUT
Uber
UBER
$161B
| $178M | 0.08% |
2,367,700
+1,088,800
| +85% | +$76.7M |
|
209
Estee Lauder
EL
$36.9B
| $178M | 0.08% |
1,781,135
+1,278,976
| +255% | +$121M |
|
210
Cintas
CTAS
$81.6B
| $178M | 0.08% |
862,242
-508,938
| -37% | -$98.2M |
|
211
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $177M | 0.08% |
1,567,800
+575,400
| +58% | +$63.2M |
|
212
DoorDash
DASH
$96.8B
| $177M | 0.08% |
1,238,794
+1,044,770
| +538% | +$127M |
|
213
Invesco
IVZ
$14.1B
| $176M | 0.08% |
10,028,026
+4,930,832
| +97% | +$81M |
|
214
CALL
Berkshire Hathaway Class B
BRK.B
$1.06T
| $175M | 0.08% |
381,200
-117,400
| -24% | -$51.9M |
|
215
BellRing Brands
BRBR
$1.18B
| $175M | 0.08% |
2,881,172
+584,278
| +25% | +$32.4M |
|
216
Sensata Technologies
ST
$6.23B
| $174M | 0.08% |
4,860,307
-198,740
| -4% | -$7.4M |
|
217
Tesla
TSLA
$1.43T
| $174M | 0.08% |
666,095
+225,760
| +51% | +$51.5M |
|
218
ICICI Bank
IBN
$107B
| $173M | 0.08% |
5,798,988
+2,121,929
| +58% | +$61.8M |
|
219
Alibaba
BABA
$286B
| $172M | 0.08% |
1,624,387
-457,380
| -22% | -$37.4M |
|
|
220
Booking.com
BKNG
$158B
| $172M | 0.08% |
1,019,725
+530,800
| +109% | +$81.4M |
|
221
PUT
Starbucks
SBUX
$122B
| $171M | 0.08% |
1,759,000
+913,600
| +108% | +$78.4M |
|
222
PUT
Bank of America
BAC
$431B
| $170M | 0.08% |
4,295,000
-4,043,400
| -48% | -$162M |
|
223
PUT
Amgen
AMGN
$238B
| $170M | 0.08% |
528,000
-57,800
| -10% | -$18.9M |
|
224
Progressive
PGR
$127B
| $167M | 0.08% |
659,352
+79,799
| +14% | +$18.6M |
|
225
PUT
Workday
WDAY
$49.4B
| $167M | 0.08% |
683,400
+244,000
| +56% | +$57.6M |
|
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Israel Englander's Q3 2024 Portfolio in Review
As of Q3 2024, Israel Englander held 6,698 positions worth $211B, down 2.3% from $216B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Israel Englander withdrew a net $20.6B in Q3 2024, closing 667 positions and reducing 2,445 holdings. Its most notable exit was WestRock Company, an estimated $161M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.6% of assets, down from 10% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in Smurfit Westrock worth $94.1M.
- Israel Englander's largest Q3 2024 buy was Smurfit Westrock: 1,904,931 shares worth $94.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $1.38B increase.
- Israel Englander's biggest Q3 2024 reduction was Apple, cutting an estimated $2.59B.
- Israel Englander fully exited WestRock Company in Q3 2024, selling an estimated $161M.
- Israel Englander's ten largest holdings make up 17% of its $211B portfolio in Q3 2024.
- Israel Englander opened 898 new positions and closed 667 in Q3 2024.
- Israel Englander's portfolio value fell 2.3% quarter-over-quarter to $211B.
Based on Millennium Management's 13F filing for Q3 2024, filed 14 Nov 2024.