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 |
Invesco QQQ Trust
QQQ
|
+$517M |
| 2 |
NXP Semiconductors
NXPI
|
+$351M |
| 3 |
Oracle
ORCL
|
+$279M |
| 4 |
Palo Alto Networks
PANW
|
+$268M |
| 5 |
Boston Scientific
BSX
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CERN
Cerner Corp
CERN
|
+$517M |
| 2 |
ExxonMobil
XOM
|
+$385M |
| 3 |
Cenovus Energy
CVE
|
+$292M |
| 4 |
PLAN
Anaplan, Inc.
PLAN
|
+$236M |
| 5 |
Phillips 66
PSX
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.76% |
| 2 | Financials | 7.66% |
| 3 | Healthcare | 7.12% |
| 4 | Industrials | 5.11% |
| 5 | Consumer Discretionary | 4.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
PUT
Invesco QQQ Trust
QQQ
$486B
| $5.9B | 3.66% |
21,043,000
+131,200
| +0.6% | +$40.7M |
|
2
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $5.5B | 3.42% |
14,591,700
-1,024,800
| -7% | -$420M |
|
|
3
CALL
Invesco QQQ Trust
QQQ
$486B
| $4.9B | 3.04% |
17,489,500
+5,996,200
| +52% | +$1.86B |
|
4
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $4.47B | 2.77% |
26,400,200
+4,453,900
| +20% | +$821M |
|
5
PUT
Apple
AAPL
$4.51T
| $3.3B | 2.05% |
24,144,700
-2,579,500
| -10% | -$391M |
|
6
PUT
Tesla
TSLA
$1.43T
| $3.24B | 2.01% |
14,446,200
-65,100
| -0.4% | -$17.8M |
|
|
7
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $3.01B | 1.87% |
17,778,800
+4,337,500
| +32% | +$800M |
|
|
8
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $2.91B | 1.81% |
7,713,400
+4,266,700
| +124% | +$1.75B |
|
9
PUT
Amazon
AMZN
$2.79T
| $1.97B | 1.22% |
18,564,500
-4,037,500
| -18% | -$505M |
|
10
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $1.58B | 0.98% |
14,510,000
-812,000
| -5% | -$95.6M |
|
|
11
CALL
Apple
AAPL
$4.51T
| $1.57B | 0.97% |
11,481,100
-2,465,800
| -18% | -$373M |
|
12
PUT
Microsoft
MSFT
$3.59T
| $1.56B | 0.97% |
6,065,400
+280,200
| +5% | +$76M |
|
|
13
CALL
Amazon
AMZN
$2.79T
| $1.16B | 0.72% |
10,931,700
+2,493,700
| +30% | +$312M |
|
|
14
CALL
Tesla
TSLA
$1.43T
| $1.04B | 0.65% |
4,650,300
+1,113,300
| +31% | +$304M |
|
15
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $891M | 0.55% |
24,913,000
-3,761,800
| -13% | -$151M |
|
16
PUT
Meta Platforms (Facebook)
META
$1.4T
| $881M | 0.55% |
5,460,900
+265,300
| +5% | +$51.2M |
|
|
17
CALL
Microsoft
MSFT
$3.59T
| $873M | 0.54% |
3,400,700
+1,228,700
| +57% | +$333M |
|
|
18
Invesco QQQ Trust
QQQ
$486B
| $604M | 0.37% |
2,155,241
+1,665,146
| +340% | +$517M |
|
19
PUT
Alibaba
BABA
$286B
| $599M | 0.37% |
5,269,400
-1,908,400
| -27% | -$187M |
|
20
PUT
NVIDIA
NVDA
$5.2T
| $567M | 0.35% |
37,407,000
-4,717,000
| -11% | -$89M |
|
21
PUT
Advanced Micro Devices
AMD
$773B
| $538M | 0.33% |
7,034,300
+712,400
| +11% | +$66.7M |
|
22
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $504M | 0.31% |
4,217,700
-145,200
| -3% | -$20.4M |
|
23
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $480M | 0.3% |
1,559,600
+533,000
| +52% | +$174M |
|
24
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $467M | 0.29% |
8,032,800
+1,324,900
| +20% | +$82.7M |
|
|
25
CALL
Alibaba
BABA
$286B
| $461M | 0.29% |
4,053,900
-1,164,300
| -22% | -$114M |
|
Similar funds
Israel Englander's Q2 2022 Portfolio in Review
As of Q2 2022, Israel Englander held 7,971 positions worth $161B, down 15% from $189B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Israel Englander deployed $7.94B of net new capital in Q2 2022, opening 1,144 new positions and adding to 2,588 existing holdings. Its largest new stake was M&T Bank: 828,809 shares worth $132M.
By sector, the portfolio is most concentrated in Technology at 7.8% of assets, up from 7.2% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was ExxonMobil, an estimated $385M trimmed.
- Israel Englander's largest Q2 2022 buy was M&T Bank: 828,809 shares worth $132M.
- Israel Englander added most to Invesco QQQ Trust in Q2 2022, an estimated $517M increase.
- Israel Englander's biggest Q2 2022 reduction was ExxonMobil, cutting an estimated $385M.
- Israel Englander fully exited Cerner Corp in Q2 2022, selling an estimated $517M.
- Israel Englander's ten largest holdings make up 23% of its $161B portfolio in Q2 2022.
- Israel Englander opened 1,144 new positions and closed 1,065 in Q2 2022.
- Israel Englander's portfolio value fell 15% quarter-over-quarter to $161B.
Based on Millennium Management's 13F filing for Q2 2022, filed 15 Aug 2022.