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 Bitcoin Trust
IBIT
|
+$651M |
| 2 |
Fidelity Wise Origin Bitcoin Fund
FBTC
|
+$622M |
| 3 |
Merck
MRK
|
+$496M |
| 4 |
Adobe
ADBE
|
+$446M |
| 5 |
CRH
CRH
|
+$410M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$4.33B |
| 2 |
Microsoft
MSFT
|
+$965M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$542M |
| 4 |
NVIDIA
NVDA
|
+$522M |
| 5 |
Linde
LIN
|
+$377M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.55% |
| 2 | Healthcare | 6.96% |
| 3 | Financials | 6.02% |
| 4 | Industrials | 5.05% |
| 5 | Consumer Discretionary | 4.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $7.3B | 3.12% |
34,732,100
-1,570,400
| -4% | -$313M |
|
|
2
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $5.2B | 2.22% |
24,748,700
+4,566,900
| +23% | +$911M |
|
3
PUT
Invesco QQQ Trust
QQQ
$486B
| $4.96B | 2.12% |
11,168,200
-2,190,700
| -16% | -$939M |
|
|
4
PUT
NVIDIA
NVDA
$5.2T
| $3.99B | 1.71% |
44,211,000
-10,397,000
| -19% | -$754M |
|
|
5
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $3.57B | 1.52% |
6,816,300
-16,017,200
| -70% | -$7.97B |
|
|
6
PUT
Microsoft
MSFT
$3.59T
| $3.17B | 1.35% |
7,533,500
-2,419,800
| -24% | -$980M |
|
7
PUT
Meta Platforms (Facebook)
META
$1.4T
| $2.99B | 1.28% |
6,147,900
-1,745,100
| -22% | -$778M |
|
8
PUT
Apple
AAPL
$4.51T
| $2.93B | 1.25% |
17,090,100
+1,912,000
| +13% | +$348M |
|
9
PUT
Amazon
AMZN
$2.79T
| $2.62B | 1.12% |
14,540,100
-4,297,400
| -23% | -$717M |
|
|
10
CALL
Invesco QQQ Trust
QQQ
$486B
| $2.59B | 1.1% |
5,825,600
-2,242,300
| -28% | -$961M |
|
|
11
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $2.57B | 1.1% |
4,915,526
-1,088,359
| -18% | -$542M |
|
12
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $2.47B | 1.05% |
16,349,700
+2,261,600
| +16% | +$324M |
|
|
13
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $2.37B | 1.01% |
4,522,000
-2,891,000
| -39% | -$1.44B |
|
|
14
iShares Core S&P 500 ETF
IVV
$893B
| $2.04B | 0.87% |
3,883,955
-8,644,442
| -69% | -$4.33B |
|
15
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $1.88B | 0.8% |
24,242,200
+12,848,500
| +113% | +$993M |
|
16
PUT
Tesla
TSLA
$1.43T
| $1.87B | 0.8% |
10,660,700
-719,200
| -6% | -$141M |
|
|
17
Amazon
AMZN
$2.79T
| $1.78B | 0.76% |
9,863,650
+2,390,755
| +32% | +$399M |
|
|
18
CALL
Apple
AAPL
$4.51T
| $1.61B | 0.69% |
9,413,700
-388,900
| -4% | -$70.7M |
|
|
19
CALL
Microsoft
MSFT
$3.59T
| $1.54B | 0.66% |
3,651,500
-998,300
| -21% | -$404M |
|
|
20
CALL
Meta Platforms (Facebook)
META
$1.4T
| $1.41B | 0.6% |
2,898,600
-2,222,300
| -43% | -$991M |
|
|
21
CALL
NVIDIA
NVDA
$5.2T
| $1.36B | 0.58% |
15,000,000
-6,910,000
| -32% | -$501M |
|
|
22
Merck
MRK
$376B
| $1.33B | 0.57% |
10,069,452
+4,021,500
| +66% | +$496M |
|
|
23
Apple
AAPL
$4.51T
| $1.31B | 0.56% |
7,645,786
+1,813,567
| +31% | +$330M |
|
|
24
NVIDIA
NVDA
$5.2T
| $1.21B | 0.52% |
13,428,360
-7,200,040
| -35% | -$522M |
|
|
25
Meta Platforms (Facebook)
META
$1.4T
| $1.2B | 0.51% |
2,464,176
+430,876
| +21% | +$192M |
|
Similar funds
Israel Englander's Q1 2024 Portfolio in Review
As of Q1 2024, Israel Englander held 6,887 positions worth $234B, up 1.3% from $231B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Israel Englander withdrew a net $25.1B in Q1 2024, closing 745 positions and reducing 2,484 holdings. Its most notable exit was Splunk Inc, an estimated $319M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.5% of assets, up from 8.3% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in iShares Bitcoin Trust worth $844M.
- Israel Englander's largest Q1 2024 buy was iShares Bitcoin Trust: 20,859,447 shares worth $844M.
- Israel Englander added most to Merck in Q1 2024, an estimated $496M increase.
- Israel Englander's biggest Q1 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $4.33B.
- Israel Englander fully exited Splunk Inc in Q1 2024, selling an estimated $319M.
- Israel Englander's ten largest holdings make up 17% of its $234B portfolio in Q1 2024.
- Israel Englander opened 858 new positions and closed 745 in Q1 2024.
- Israel Englander's portfolio value rose 1.3% quarter-over-quarter to $234B.
Based on Millennium Management's 13F filing for Q1 2024, filed 15 May 2024.