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
|
+$1.12B |
| 2 |
Apple
AAPL
|
+$963M |
| 3 |
Wells Fargo
WFC
|
+$647M |
| 4 |
ConocoPhillips
COP
|
+$632M |
| 5 |
UnitedHealth
UNH
|
+$490M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$963M |
| 2 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$907M |
| 3 |
KKR & Co
KKR
|
+$906M |
| 4 |
CRH
CRH
|
+$670M |
| 5 |
Meta Platforms (Facebook)
META
|
+$593M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 10.44% |
| 2 | Healthcare | 8.01% |
| 3 | Financials | 6.79% |
| 4 | Industrials | 6.22% |
| 5 | Consumer Discretionary | 5.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $5.52B | 2.56% |
27,221,300
-7,510,800
| -22% | -$1.52B |
|
2
PUT
NVIDIA
NVDA
$5.2T
| $4.77B | 2.21% |
38,629,700
-5,581,300
| -13% | -$564M |
|
|
3
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $3.8B | 1.76% |
18,738,200
-6,010,500
| -24% | -$1.21B |
|
|
4
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $3.5B | 1.62% |
6,440,300
-376,000
| -6% | -$197M |
|
|
5
iShares Core S&P 500 ETF
IVV
$893B
| $3.29B | 1.52% |
6,013,175
+2,129,220
| +55% | +$1.12B |
|
6
PUT
Invesco QQQ Trust
QQQ
$486B
| $3.18B | 1.47% |
6,646,300
-4,521,900
| -40% | -$2.03B |
|
|
7
PUT
Apple
AAPL
$4.51T
| $3.08B | 1.42% |
14,602,600
-2,487,500
| -15% | -$464M |
|
|
8
Apple
AAPL
$4.51T
| $2.7B | 1.25% |
12,809,102
+5,163,316
| +68% | +$963M |
|
|
9
CALL
Invesco QQQ Trust
QQQ
$486B
| $2.27B | 1.05% |
4,735,500
-1,090,100
| -19% | -$490M |
|
10
PUT
Microsoft
MSFT
$3.59T
| $2.18B | 1.01% |
4,881,600
-2,651,900
| -35% | -$1.12B |
|
|
11
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $2.04B | 0.94% |
3,744,800
-777,200
| -17% | -$407M |
|
|
12
CALL
NVIDIA
NVDA
$5.2T
| $1.87B | 0.87% |
15,169,300
+169,300
| +1% | +$17.1M |
|
13
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $1.87B | 0.86% |
10,253,000
-6,096,700
| -37% | -$1.03B |
|
14
PUT
Tesla
TSLA
$1.43T
| $1.8B | 0.83% |
9,099,800
-1,560,900
| -15% | -$273M |
|
15
Amazon
AMZN
$2.79T
| $1.76B | 0.82% |
9,116,889
-746,761
| -8% | -$137M |
|
|
16
PUT
Amazon
AMZN
$2.79T
| $1.72B | 0.8% |
8,924,200
-5,615,900
| -39% | -$1.03B |
|
|
17
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $1.67B | 0.78% |
3,075,011
-1,840,515
| -37% | -$963M |
|
|
18
CALL
Apple
AAPL
$4.51T
| $1.67B | 0.77% |
7,935,400
-1,478,300
| -16% | -$276M |
|
|
19
NVIDIA
NVDA
$5.2T
| $1.58B | 0.73% |
12,752,118
-676,242
| -5% | -$68.4M |
|
|
20
PUT
Meta Platforms (Facebook)
META
$1.4T
| $1.37B | 0.63% |
2,714,600
-3,433,300
| -56% | -$1.67B |
|
|
21
Microsoft
MSFT
$3.59T
| $1.36B | 0.63% |
3,036,873
+240,623
| +9% | +$102M |
|
|
22
CALL
Microsoft
MSFT
$3.59T
| $1.3B | 0.6% |
2,906,900
-744,600
| -20% | -$314M |
|
23
Merck
MRK
$376B
| $1.19B | 0.55% |
9,585,179
-484,273
| -5% | -$62.4M |
|
|
24
CALL
Amazon
AMZN
$2.79T
| $1.17B | 0.54% |
6,059,000
-468,600
| -7% | -$86.1M |
|
25
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $1.1B | 0.51% |
25,784,600
-1,690,900
| -6% | -$70.9M |
|
Similar funds
Israel Englander's Q2 2024 Portfolio in Review
As of Q2 2024, Israel Englander held 6,803 positions worth $216B, down 7.8% from $234B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Israel Englander withdrew a net $24.5B in Q2 2024, closing 995 positions and reducing 2,549 holdings. Its most notable exit was Pioneer Natural Resource Co., an estimated $907M position sold in full.
By sector, the portfolio is most concentrated in Technology at 10% of assets, up from 8.5% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in QXO Inc worth $20.6M.
- Israel Englander's largest Q2 2024 buy was QXO Inc: 2,219,158 shares worth $20.6M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q2 2024, an estimated $1.12B increase.
- Israel Englander's biggest Q2 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $963M.
- Israel Englander fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $907M.
- Israel Englander's ten largest holdings make up 16% of its $216B portfolio in Q2 2024.
- Israel Englander opened 661 new positions and closed 995 in Q2 2024.
- Israel Englander's portfolio value fell 7.8% quarter-over-quarter to $216B.
Based on Millennium Management's 13F filing for Q2 2024, filed 14 Aug 2024.