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
|
+$2.72B |
| 2 |
Apple
AAPL
|
+$1.98B |
| 3 |
Microsoft
MSFT
|
+$1.42B |
| 4 |
Alibaba
BABA
|
+$1.03B |
| 5 |
Amazon
AMZN
|
+$924M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Keurig Dr Pepper
KDP
|
+$173M |
| 2 |
FedEx
FDX
|
+$150M |
| 3 |
Oracle
ORCL
|
+$139M |
| 4 |
Linde
LIN
|
+$132M |
| 5 |
PayPal
PYPL
|
+$131M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 11.19% |
| 2 | Healthcare | 7.18% |
| 3 | Consumer Discretionary | 7.09% |
| 4 | Financials | 5.3% |
| 5 | Industrials | 4.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
Invesco QQQ Trust
QQQ
$486B
| $4.06B | 2.93% |
12,930,300
+5,110,200
| +65% | +$1.5B |
|
2
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $3.57B | 2.58% |
18,212,800
+6,675,300
| +58% | +$1.17B |
|
|
3
PUT
Amazon
AMZN
$2.79T
| $3.34B | 2.41% |
20,496,000
+10,382,000
| +103% | +$1.66B |
|
|
4
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $3.17B | 2.29% |
8,478,449
+7,655,217
| +930% | +$2.72B |
|
5
PUT
Tesla
TSLA
$1.43T
| $2.85B | 2.06% |
12,109,500
+5,905,200
| +95% | +$1.01B |
|
|
6
PUT
Apple
AAPL
$4.51T
| $2.58B | 1.86% |
19,425,400
+3,734,200
| +24% | +$449M |
|
|
7
Apple
AAPL
$4.51T
| $2.42B | 1.75% |
18,212,971
+16,465,529
| +942% | +$1.98B |
|
|
8
PUT
Microsoft
MSFT
$3.59T
| $1.97B | 1.42% |
8,848,100
+2,664,700
| +43% | +$573M |
|
|
9
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $1.88B | 1.36% |
9,588,900
+145,700
| +2% | +$25.5M |
|
|
10
Microsoft
MSFT
$3.59T
| $1.82B | 1.31% |
8,179,931
+6,605,161
| +419% | +$1.42B |
|
|
11
PUT
Alibaba
BABA
$286B
| $1.56B | 1.13% |
6,698,100
+4,217,800
| +170% | +$1.17B |
|
|
12
CALL
Amazon
AMZN
$2.79T
| $1.52B | 1.09% |
9,310,000
+5,128,000
| +123% | +$818M |
|
|
13
CALL
Invesco QQQ Trust
QQQ
$486B
| $1.42B | 1.02% |
4,514,900
+280,900
| +7% | +$82.5M |
|
|
14
Amazon
AMZN
$2.79T
| $1.38B | 1% |
8,480,620
+5,793,060
| +216% | +$924M |
|
15
PUT
NVIDIA
NVDA
$5.2T
| $1.3B | 0.94% |
99,460,000
+67,076,000
| +207% | +$898M |
|
|
16
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $1.3B | 0.94% |
3,471,500
-3,500
| -0.1% | -$1.24M |
|
17
PUT
Meta Platforms (Facebook)
META
$1.4T
| $1.23B | 0.89% |
4,503,400
+1,674,700
| +59% | +$459M |
|
|
18
Meta Platforms (Facebook)
META
$1.4T
| $1.14B | 0.83% |
4,184,885
+2,974,925
| +246% | +$816M |
|
|
19
Alibaba
BABA
$286B
| $959M | 0.69% |
4,120,414
+3,713,549
| +913% | +$1.03B |
|
20
PUT
Netflix
NFLX
$331B
| $925M | 0.67% |
17,114,000
+8,278,000
| +94% | +$420M |
|
|
21
NVIDIA
NVDA
$5.2T
| $891M | 0.64% |
68,221,280
+61,637,640
| +936% | +$825M |
|
22
Intel
INTC
$476B
| $889M | 0.64% |
17,840,780
+16,492,384
| +1,223% | +$805M |
|
|
23
CALL
Alibaba
BABA
$286B
| $774M | 0.56% |
3,325,800
+2,346,600
| +240% | +$651M |
|
24
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $707M | 0.51% |
8,068,000
+1,422,000
| +21% | +$120M |
|
25
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $704M | 0.51% |
10,825,800
+233,800
| +2% | +$14.2M |
|
Similar funds
Israel Englander's Q4 2020 Portfolio in Review
As of Q4 2020, Israel Englander held 5,904 positions worth $138B, up 170,419% from $81.2M the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $45.7B of net new capital in Q4 2020, opening 1,518 new positions and adding to 1,899 existing holdings. Its largest new stake was Sotera Health: 2,269,458 shares worth $62.3M.
By sector, the portfolio is most concentrated in Technology at 11% of assets, up from 6.3% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Keurig Dr Pepper, an estimated $173M trimmed.
- Israel Englander's largest Q4 2020 buy was Sotera Health: 2,269,458 shares worth $62.3M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2020, an estimated $2.72B increase.
- Israel Englander's biggest Q4 2020 reduction was Keurig Dr Pepper, cutting an estimated $173M.
- Israel Englander fully exited Clover Health Investments in Q4 2020, selling an estimated $36.7M.
- Israel Englander's ten largest holdings make up 20% of its $138B portfolio in Q4 2020.
- Israel Englander opened 1,518 new positions and closed 754 in Q4 2020.
- Israel Englander's portfolio value rose 170,419% quarter-over-quarter to $138B.
Based on Millennium Management's 13F filing for Q4 2020, filed 16 Feb 2021.