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 |
Broadcom
AVGO
|
+$1.14B |
| 2 |
iShares Russell 1000 ETF
IWB
|
+$810M |
| 3 |
Meta Platforms (Facebook)
META
|
+$715M |
| 4 |
Amazon
AMZN
|
+$641M |
| 5 |
UnitedHealth
UNH
|
+$498M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.98B |
| 2 |
Spotify
SPOT
|
+$1.17B |
| 3 |
Microsoft
MSFT
|
+$856M |
| 4 |
Apollo Global Management
APO
|
+$726M |
| 5 |
Workday
WDAY
|
+$440M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.85% |
| 2 | Financials | 8.25% |
| 3 | Healthcare | 7.07% |
| 4 | Industrials | 5.92% |
| 5 | Consumer Discretionary | 5.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
PUT
Goldman Sachs
GS
$303B
| $174M | 0.09% |
303,600
-29,000
| -9% | -$16.2M |
|
202
CALL
Visa
V
$693B
| $173M | 0.08% |
546,600
+15,300
| +3% | +$4.6M |
|
203
CALL
General Motors
GM
$77.2B
| $172M | 0.08% |
3,231,300
+1,162,800
| +56% | +$60.9M |
|
204
PNC Financial Services
PNC
$97B
| $172M | 0.08% |
892,192
-833,794
| -48% | -$164M |
|
205
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $172M | 0.08% |
1,299,200
-352,900
| -21% | -$48.3M |
|
206
Cooper Companies
COO
$14.9B
| $172M | 0.08% |
1,870,250
-261,326
| -12% | -$26.6M |
|
207
Fortinet
FTNT
$113B
| $172M | 0.08% |
1,818,087
-1,811,984
| -50% | -$161M |
|
208
Keysight
KEYS
$53.8B
| $170M | 0.08% |
1,059,119
+960,708
| +976% | +$155M |
|
209
Exelon
EXC
$45.1B
| $170M | 0.08% |
4,505,793
+4,151,970
| +1,173% | +$161M |
|
210
Waste Management
WM
$89.6B
| $169M | 0.08% |
839,189
+393,267
| +88% | +$84.5M |
|
211
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $168M | 0.08% |
4,427,800
-1,796,600
| -29% | -$71.3M |
|
212
PUT
Strategy Inc
MSTR
$47.4B
| $165M | 0.08% |
569,600
+426,800
| +299% | +$128M |
|
|
MRSH
213
Marsh
MRSH
$91.6B
| $165M | 0.08% |
776,188
+607,481
| +360% | +$135M |
|
214
JD.com
JD
$39.7B
| $163M | 0.08% |
4,694,182
-530,448
| -10% | -$20.5M |
|
215
Roblox
RBLX
$27.4B
| $162M | 0.08% |
2,806,403
+397,237
| +16% | +$20M |
|
216
Labcorp
LH
$27.3B
| $162M | 0.08% |
704,771
+529,963
| +303% | +$122M |
|
217
Alamos Gold
AGI
$15.8B
| $161M | 0.08% |
8,734,603
+5,128,731
| +142% | +$99.2M |
|
218
CALL
Berkshire Hathaway Class B
BRK.B
$1.06T
| $161M | 0.08% |
354,400
-26,800
| -7% | -$12.4M |
|
219
CALL
Costco
COST
$420B
| $160M | 0.08% |
175,000
-38,900
| -18% | -$36.1M |
|
220
MSCI
MSCI
$41B
| $160M | 0.08% |
266,351
-248,419
| -48% | -$149M |
|
221
PUT
iShares MSCI USA Momentum Factor ETF
MTUM
$25B
| $159M | 0.08% |
767,500
+500,500
| +187% | +$105M |
|
222
CALL
Mastercard
MA
$509B
| $159M | 0.08% |
301,400
-168,700
| -36% | -$87.3M |
|
223
Parker-Hannifin
PH
$126B
| $158M | 0.08% |
249,117
-373,682
| -60% | -$247M |
|
224
MetLife
MET
$60B
| $158M | 0.08% |
1,934,152
+229,877
| +13% | +$19.1M |
|
225
3M
MMM
$92.3B
| $158M | 0.08% |
1,225,691
-1,472,085
| -55% | -$193M |
|
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Israel Englander's Q4 2024 Portfolio in Review
As of Q4 2024, Israel Englander held 6,700 positions worth $205B, down 3% from $211B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Israel Englander withdrew a net $13.8B in Q4 2024, closing 810 positions and reducing 2,557 holdings. Its most notable exit was Southwestern Energy Company, an estimated $340M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.8% of assets, up from 8.6% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Israel Englander opened a new position in NextEra Energy 7.234% Corporate Units worth $5.03M.
- Israel Englander's largest Q4 2024 buy was NextEra Energy 7.234% Corporate Units: 5,500,000 shares worth $5.03M.
- Israel Englander added most to Broadcom in Q4 2024, an estimated $1.14B increase.
- Israel Englander's biggest Q4 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.98B.
- Israel Englander fully exited Southwestern Energy Company in Q4 2024, selling an estimated $340M.
- Israel Englander's ten largest holdings make up 16% of its $205B portfolio in Q4 2024.
- Israel Englander opened 681 new positions and closed 810 in Q4 2024.
- Israel Englander's portfolio value fell 3% quarter-over-quarter to $205B.
Based on Millennium Management's 13F filing for Q4 2024, filed 14 Feb 2025.