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
|
+$917M |
| 2 |
Salesforce
CRM
|
+$378M |
| 3 |
Boeing
BA
|
+$297M |
| 4 |
DexCom
DXCM
|
+$292M |
| 5 |
Amazon
AMZN
|
+$267M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DRE
Duke Realty Corp.
DRE
|
+$779M |
| 2 |
Chevron
CVX
|
+$569M |
| 3 |
Home Depot
HD
|
+$292M |
| 4 |
PepsiCo
PEP
|
+$259M |
| 5 |
Chubb
CB
|
+$248M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.23% |
| 2 | Healthcare | 7.53% |
| 3 | Financials | 7.5% |
| 4 | Industrials | 5.83% |
| 5 | Consumer Discretionary | 5.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $7.72B | 4.27% |
20,180,800
+1,919,900
| +11% | +$738M |
|
|
2
PUT
Invesco QQQ Trust
QQQ
$486B
| $7.55B | 4.18% |
28,347,300
+4,450,300
| +19% | +$1.23B |
|
|
3
CALL
Invesco QQQ Trust
QQQ
$486B
| $5.65B | 3.13% |
21,219,300
-4,500
| -0% | -$1.24M |
|
4
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $5.34B | 2.95% |
30,623,400
-2,478,500
| -7% | -$441M |
|
5
PUT
Microsoft
MSFT
$3.59T
| $2.17B | 1.2% |
9,044,900
-31,200
| -0.3% | -$7.49M |
|
|
6
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $1.98B | 1.09% |
5,173,200
-1,253,300
| -20% | -$482M |
|
7
PUT
Apple
AAPL
$4.51T
| $1.55B | 0.86% |
11,911,400
-3,776,900
| -24% | -$540M |
|
|
8
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $1.52B | 0.84% |
8,734,400
-6,283,100
| -42% | -$1.12B |
|
9
PUT
Tesla
TSLA
$1.43T
| $1.52B | 0.84% |
12,362,400
-2,360,100
| -16% | -$447M |
|
|
10
CALL
Apple
AAPL
$4.51T
| $1.06B | 0.59% |
8,149,300
-3,975,300
| -33% | -$568M |
|
11
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $1.02B | 0.56% |
23,343,200
+2,917,400
| +14% | +$127M |
|
|
12
Invesco QQQ Trust
QQQ
$486B
| $998M | 0.55% |
3,747,895
+3,314,588
| +765% | +$917M |
|
|
13
CALL
Tesla
TSLA
$1.43T
| $918M | 0.51% |
7,449,000
+3,304,800
| +80% | +$626M |
|
|
14
CALL
Microsoft
MSFT
$3.59T
| $817M | 0.45% |
3,407,300
+127,100
| +4% | +$30.5M |
|
|
15
PUT
Amazon
AMZN
$2.79T
| $789M | 0.44% |
9,393,200
-6,152,200
| -40% | -$608M |
|
|
16
PUT
Home Depot
HD
$335B
| $748M | 0.41% |
2,369,100
+687,700
| +41% | +$209M |
|
17
PUT
JPMorgan Chase
JPM
$935B
| $708M | 0.39% |
5,279,500
+1,823,500
| +53% | +$231M |
|
18
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $674M | 0.37% |
7,638,600
-1,098,400
| -13% | -$104M |
|
19
PUT
ExxonMobil
XOM
$679B
| $617M | 0.34% |
5,598,000
+852,100
| +18% | +$91.3M |
|
20
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $610M | 0.34% |
10,382,800
+1,575,500
| +18% | +$96.9M |
|
21
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $585M | 0.32% |
17,113,700
+1,471,400
| +9% | +$49.8M |
|
22
PUT
Broadcom
AVGO
$1.75T
| $552M | 0.31% |
9,878,000
+5,976,000
| +153% | +$300M |
|
|
23
Amazon
AMZN
$2.79T
| $542M | 0.3% |
6,454,753
+2,702,286
| +72% | +$267M |
|
24
PUT
Mastercard
MA
$509B
| $497M | 0.27% |
1,428,200
+699,600
| +96% | +$230M |
|
|
25
CALL
Amazon
AMZN
$2.79T
| $496M | 0.27% |
5,899,500
+58,100
| +1% | +$5.74M |
|
Similar funds
Israel Englander's Q4 2022 Portfolio in Review
As of Q4 2022, Israel Englander held 7,859 positions worth $181B, up 6.9% from $169B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander's Q4 2022 filing shows 848 new, 2,516 increased, 2,491 reduced and 1,333 closed positions. Its largest new stake was Keurig Dr Pepper: 4,680,704 shares worth $167M. The largest sale was Duke Realty Corp., an estimated $779M.
By sector, the portfolio is most concentrated in Technology at 8.2% of assets, up from 7.9% a quarter earlier, followed by Healthcare and Financials.
- Israel Englander's largest Q4 2022 buy was Keurig Dr Pepper: 4,680,704 shares worth $167M.
- Israel Englander added most to Invesco QQQ Trust in Q4 2022, an estimated $917M increase.
- Israel Englander's biggest Q4 2022 reduction was Chevron, cutting an estimated $569M.
- Israel Englander fully exited Duke Realty Corp. in Q4 2022, selling an estimated $779M.
- Israel Englander's ten largest holdings make up 20% of its $181B portfolio in Q4 2022.
- Israel Englander opened 848 new positions and closed 1,333 in Q4 2022.
- Israel Englander's portfolio value rose 6.9% quarter-over-quarter to $181B.
Based on Millennium Management's 13F filing for Q4 2022, filed 14 Feb 2023.