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
|
+$643M |
| 2 |
AT&T
T
|
+$311M |
| 3 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$306M |
| 4 |
Microsoft
MSFT
|
+$292M |
| 5 |
Ametek
AME
|
+$215M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$887M |
| 2 |
Apple
AAPL
|
+$694M |
| 3 |
PRAH
PRA Health Sciences, Inc.
PRAH
|
+$616M |
| 4 |
Amazon
AMZN
|
+$596M |
| 5 |
Linde
LIN
|
+$531M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.69% |
| 2 | Financials | 6.83% |
| 3 | Healthcare | 6.42% |
| 4 | Industrials | 4.98% |
| 5 | Consumer Discretionary | 4.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
CALL
Invesco QQQ Trust
QQQ
$486B
| $5.33B | 3.2% |
14,894,500
+1,328,500
| +10% | +$489M |
|
|
2
PUT
Invesco QQQ Trust
QQQ
$486B
| $4.53B | 2.72% |
12,661,900
+1,828,500
| +17% | +$673M |
|
|
3
PUT
Amazon
AMZN
$2.79T
| $4.08B | 2.45% |
24,868,000
+1,436,000
| +6% | +$248M |
|
|
4
PUT
Apple
AAPL
$4.51T
| $3.69B | 2.21% |
26,075,500
-2,468,400
| -9% | -$363M |
|
5
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $3.34B | 2% |
15,248,400
-2,073,800
| -12% | -$460M |
|
6
PUT
Tesla
TSLA
$1.43T
| $3.26B | 1.95% |
12,602,700
+2,072,400
| +20% | +$488M |
|
|
7
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $1.66B | 0.99% |
7,580,000
-1,653,900
| -18% | -$367M |
|
|
8
PUT
Microsoft
MSFT
$3.59T
| $1.66B | 0.99% |
5,879,500
-3,022,800
| -34% | -$879M |
|
9
PUT
Meta Platforms (Facebook)
META
$1.4T
| $1.58B | 0.95% |
4,650,700
+186,100
| +4% | +$67M |
|
|
10
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $1.39B | 0.84% |
3,247,000
-312,500
| -9% | -$138M |
|
11
CALL
Alibaba
BABA
$286B
| $1.35B | 0.81% |
9,138,400
+2,323,400
| +34% | +$423M |
|
|
12
PUT
Alibaba
BABA
$286B
| $1.33B | 0.8% |
8,968,400
-5,183,800
| -37% | -$943M |
|
|
13
CALL
Apple
AAPL
$4.51T
| $1.3B | 0.78% |
9,218,500
+3,118,600
| +51% | +$459M |
|
|
14
CALL
Amazon
AMZN
$2.79T
| $1.19B | 0.72% |
7,260,000
+1,918,000
| +36% | +$331M |
|
|
15
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $1.12B | 0.67% |
15,033,400
-437,000
| -3% | -$33.7M |
|
16
PUT
NVIDIA
NVDA
$5.2T
| $1.08B | 0.65% |
52,237,000
-11,995,000
| -19% | -$249M |
|
17
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $1.05B | 0.63% |
12,026,500
-2,172,800
| -15% | -$191M |
|
18
PUT
Netflix
NFLX
$331B
| $963M | 0.58% |
15,771,000
-1,180,000
| -7% | -$64.9M |
|
19
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $944M | 0.57% |
7,060,000
-1,372,000
| -16% | -$187M |
|
|
20
CALL
Meta Platforms (Facebook)
META
$1.4T
| $937M | 0.56% |
2,759,800
+1,397,600
| +103% | +$503M |
|
|
21
CALL
Tesla
TSLA
$1.43T
| $838M | 0.5% |
3,243,000
+406,800
| +14% | +$95.7M |
|
|
22
CALL
Microsoft
MSFT
$3.59T
| $687M | 0.41% |
2,436,500
-480,800
| -16% | -$140M |
|
|
23
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $658M | 0.4% |
1,534,119
+1,457,235
| +1,895% | +$643M |
|
24
PUT
Advanced Micro Devices
AMD
$773B
| $641M | 0.38% |
6,228,500
+1,622,600
| +35% | +$166M |
|
25
PUT
Salesforce
CRM
$171B
| $623M | 0.37% |
2,297,100
-113,300
| -5% | -$28.8M |
|
Similar funds
Israel Englander's Q3 2021 Portfolio in Review
As of Q3 2021, Israel Englander held 7,698 positions worth $167B, up 2.3% from $163B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander deployed $8.65B of net new capital in Q3 2021, opening 1,245 new positions and adding to 2,719 existing holdings. Its largest new stake was Sight Sciences: 1,577,092 shares worth $35.8M.
By sector, the portfolio is most concentrated in Technology at 7.7% of assets, down from 8.2% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Apple, an estimated $694M trimmed.
- Israel Englander's largest Q3 2021 buy was Sight Sciences: 1,577,092 shares worth $35.8M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q3 2021, an estimated $643M increase.
- Israel Englander's biggest Q3 2021 reduction was Apple, cutting an estimated $694M.
- Israel Englander fully exited Alexion Pharmaceuticals in Q3 2021, selling an estimated $887M.
- Israel Englander's ten largest holdings make up 18% of its $167B portfolio in Q3 2021.
- Israel Englander opened 1,245 new positions and closed 981 in Q3 2021.
- Israel Englander's portfolio value rose 2.3% quarter-over-quarter to $167B.
Based on Millennium Management's 13F filing for Q3 2021, filed 15 Nov 2021.