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 |
iShares Core S&P 500 ETF
IVV
|
+$4.37B |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$488M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$449M |
| 4 |
Apple
AAPL
|
+$402M |
| 5 |
HES
Hess
HES
|
+$377M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.47B |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$1.44B |
| 3 |
NVIDIA
NVDA
|
+$783M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$722M |
| 5 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$650M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.34% |
| 2 | Healthcare | 6.09% |
| 3 | Financials | 5% |
| 4 | Consumer Discretionary | 4.53% |
| 5 | Industrials | 4.47% |
| 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
| $10.9B | 4.7% |
22,833,500
-712,400
| -3% | -$317M |
|
|
2
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $7.29B | 3.15% |
36,302,500
+4,929,200
| +16% | +$883M |
|
3
PUT
Invesco QQQ Trust
QQQ
$486B
| $5.47B | 2.37% |
13,358,900
-3,599,200
| -21% | -$1.37B |
|
|
4
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $4.05B | 1.75% |
20,181,800
+7,666,300
| +61% | +$1.37B |
|
5
PUT
Microsoft
MSFT
$3.59T
| $3.74B | 1.62% |
9,953,300
+2,408,700
| +32% | +$857M |
|
|
6
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $3.52B | 1.52% |
7,413,000
+1,800,700
| +32% | +$802M |
|
|
7
iShares Core S&P 500 ETF
IVV
$893B
| $3.4B | 1.47% |
12,528,397
+9,767,873
| +354% | +$4.37B |
|
|
8
CALL
Invesco QQQ Trust
QQQ
$486B
| $3.3B | 1.43% |
8,067,900
-8,861,800
| -52% | -$3.36B |
|
|
9
PUT
Apple
AAPL
$4.51T
| $2.92B | 1.26% |
15,178,100
-91,600
| -0.6% | -$16.9M |
|
10
PUT
Amazon
AMZN
$2.79T
| $2.86B | 1.24% |
18,837,500
+2,583,200
| +16% | +$362M |
|
11
PUT
Tesla
TSLA
$1.43T
| $2.83B | 1.22% |
11,379,900
+709,500
| +7% | +$169M |
|
12
PUT
Meta Platforms (Facebook)
META
$1.4T
| $2.79B | 1.21% |
7,893,000
+1,592,400
| +25% | +$519M |
|
|
13
PUT
NVIDIA
NVDA
$5.2T
| $2.7B | 1.17% |
54,608,000
+13,449,000
| +33% | +$623M |
|
14
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $1.97B | 0.85% |
14,088,100
+2,301,300
| +20% | +$309M |
|
|
15
Microsoft
MSFT
$3.59T
| $1.95B | 0.84% |
5,179,946
-47,948
| -0.9% | -$17.1M |
|
|
16
CALL
Apple
AAPL
$4.51T
| $1.89B | 0.82% |
9,802,600
+1,337,200
| +16% | +$247M |
|
|
17
CALL
Meta Platforms (Facebook)
META
$1.4T
| $1.81B | 0.78% |
5,120,900
+2,119,200
| +71% | +$690M |
|
|
18
CALL
Microsoft
MSFT
$3.59T
| $1.75B | 0.76% |
4,649,800
+1,396,000
| +43% | +$497M |
|
|
19
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $1.72B | 0.74% |
6,003,885
-5,550,760
| -48% | -$2.47B |
|
20
PUT
Advanced Micro Devices
AMD
$773B
| $1.47B | 0.64% |
10,005,800
+2,857,200
| +40% | +$337M |
|
|
21
CALL
Amazon
AMZN
$2.79T
| $1.4B | 0.61% |
9,244,900
+4,182,800
| +83% | +$586M |
|
|
22
CALL
Tesla
TSLA
$1.43T
| $1.29B | 0.56% |
5,186,300
+194,500
| +4% | +$46.2M |
|
|
23
Amazon
AMZN
$2.79T
| $1.14B | 0.49% |
7,472,895
+85,532
| +1% | +$12M |
|
|
24
Apple
AAPL
$4.51T
| $1.12B | 0.49% |
5,832,219
+2,174,695
| +59% | +$402M |
|
|
25
CALL
NVIDIA
NVDA
$5.2T
| $1.09B | 0.47% |
21,910,000
+14,135,000
| +182% | +$655M |
|
Similar funds
Israel Englander's Q4 2023 Portfolio in Review
As of Q4 2023, Israel Englander held 6,891 positions worth $231B, up 17% from $198B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Israel Englander deployed $7.99B of net new capital in Q4 2023, opening 816 new positions and adding to 2,304 existing holdings. Its largest new stake was Ferguson: 906,589 shares worth $175M.
By sector, the portfolio is most concentrated in Technology at 8.3% of assets, down from 9.2% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $2.47B trimmed.
- Israel Englander's largest Q4 2023 buy was Ferguson: 906,589 shares worth $175M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q4 2023, an estimated $4.37B increase.
- Israel Englander's biggest Q4 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.47B.
- Israel Englander fully exited Activision Blizzard in Q4 2023, selling an estimated $1.44B.
- Israel Englander's ten largest holdings make up 21% of its $231B portfolio in Q4 2023.
- Israel Englander opened 816 new positions and closed 883 in Q4 2023.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $231B.
Based on Millennium Management's 13F filing for Q4 2023, filed 14 Feb 2024.