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 | Technology | 9.62% |
| 2 | Healthcare | 7.51% |
| 3 | Consumer Discretionary | 5.84% |
| 4 | Financials | 5.63% |
| 5 | Industrials | 4.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
Invesco QQQ Trust
QQQ
$486B
| $5.25B | 3.75% |
16,439,500
+3,509,200
| +27% | +$1.12B |
|
2
PUT
Apple
AAPL
$4.51T
| $3.94B | 2.82% |
32,255,800
+12,830,400
| +66% | +$1.65B |
|
3
PUT
Amazon
AMZN
$2.79T
| $3.78B | 2.7% |
24,402,000
+3,906,000
| +19% | +$619M |
|
|
4
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $3.77B | 2.7% |
17,070,900
-1,141,900
| -6% | -$249M |
|
|
5
CALL
Invesco QQQ Trust
QQQ
$486B
| $2.36B | 1.69% |
7,385,600
+2,870,700
| +64% | +$918M |
|
|
6
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $2.24B | 1.6% |
10,150,700
+561,800
| +6% | +$123M |
|
|
7
PUT
Microsoft
MSFT
$3.59T
| $2.23B | 1.59% |
9,446,300
+598,200
| +7% | +$139M |
|
8
PUT
Alibaba
BABA
$286B
| $2.13B | 1.52% |
9,397,900
+2,699,800
| +40% | +$663M |
|
|
9
Apple
AAPL
$4.51T
| $2B | 1.43% |
16,346,510
-1,866,461
| -10% | -$240M |
|
10
PUT
Tesla
TSLA
$1.43T
| $1.83B | 1.31% |
8,226,900
-3,882,600
| -32% | -$975M |
|
|
11
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $1.48B | 1.06% |
3,736,400
+264,900
| +8% | +$102M |
|
12
PUT
Meta Platforms (Facebook)
META
$1.4T
| $1.19B | 0.85% |
4,042,500
-460,900
| -10% | -$124M |
|
|
13
Amazon
AMZN
$2.79T
| $1.06B | 0.76% |
6,849,480
-1,631,140
| -19% | -$259M |
|
|
14
PUT
NVIDIA
NVDA
$5.2T
| $1.05B | 0.75% |
78,372,000
-21,088,000
| -21% | -$283M |
|
|
15
CALL
Amazon
AMZN
$2.79T
| $985M | 0.7% |
6,364,000
-2,946,000
| -32% | -$467M |
|
16
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $972M | 0.7% |
9,426,000
+1,358,000
| +17% | +$134M |
|
17
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $956M | 0.68% |
14,399,000
+3,573,200
| +33% | +$236M |
|
|
18
Alibaba
BABA
$286B
| $914M | 0.65% |
4,030,109
-90,305
| -2% | -$22.2M |
|
|
19
CALL
Alibaba
BABA
$286B
| $900M | 0.64% |
3,971,000
+645,200
| +19% | +$158M |
|
20
PUT
Netflix
NFLX
$331B
| $867M | 0.62% |
16,619,000
-495,000
| -3% | -$26.3M |
|
|
21
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $866M | 0.62% |
2,185,600
+381,100
| +21% | +$147M |
|
22
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $745M | 0.53% |
21,886,900
+9,629,600
| +79% | +$309M |
|
|
23
CALL
Microsoft
MSFT
$3.59T
| $713M | 0.51% |
3,025,800
+55,300
| +2% | +$12.8M |
|
|
24
Meta Platforms (Facebook)
META
$1.4T
| $676M | 0.48% |
2,296,317
-1,888,568
| -45% | -$509M |
|
|
25
PUT
Intel
INTC
$476B
| $646M | 0.46% |
10,086,000
+2,227,200
| +28% | +$133M |
|
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's Q1 2021 filing shows 1,778 new, 1,836 increased, 2,117 reduced and 1,099 closed positions. Its largest new stake 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. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $3.19B.
By sector, the portfolio is most concentrated in Technology at 9.6% of assets, down from 11% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- 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.