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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.38B |
| 2 |
Microsoft
MSFT
|
+$667M |
| 3 |
Spotify
SPOT
|
+$528M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$438M |
| 5 |
Eli Lilly
LLY
|
+$412M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.59B |
| 2 |
Amazon
AMZN
|
+$1.45B |
| 3 |
Merck
MRK
|
+$925M |
| 4 |
Broadcom
AVGO
|
+$765M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$672M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.59% |
| 2 | Healthcare | 7.29% |
| 3 | Financials | 7.2% |
| 4 | Industrials | 6.31% |
| 5 | Consumer Discretionary | 4.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $5.76B | 2.73% |
26,080,500
-1,140,800
| -4% | -$244M |
|
|
2
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $4.98B | 2.36% |
8,684,100
+2,243,800
| +35% | +$1.24B |
|
3
PUT
Invesco QQQ Trust
QQQ
$486B
| $4.17B | 1.98% |
8,535,900
+1,889,600
| +28% | +$894M |
|
|
4
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $3.98B | 1.89% |
18,008,200
-730,000
| -4% | -$156M |
|
5
PUT
NVIDIA
NVDA
$5.2T
| $3.7B | 1.76% |
30,503,200
-8,126,500
| -21% | -$960M |
|
|
6
PUT
Apple
AAPL
$4.51T
| $3.48B | 1.65% |
14,949,800
+347,200
| +2% | +$77.5M |
|
|
7
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $3.19B | 1.51% |
5,566,606
+2,491,595
| +81% | +$1.38B |
|
|
8
iShares Core S&P 500 ETF
IVV
$893B
| $2.77B | 1.31% |
4,803,669
-1,209,506
| -20% | -$672M |
|
|
9
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $2.11B | 1% |
3,669,600
-75,200
| -2% | -$41.6M |
|
|
10
Microsoft
MSFT
$3.59T
| $1.98B | 0.94% |
4,596,363
+1,559,490
| +51% | +$667M |
|
|
11
CALL
Apple
AAPL
$4.51T
| $1.93B | 0.92% |
8,287,400
+352,000
| +4% | +$78.6M |
|
|
12
PUT
Microsoft
MSFT
$3.59T
| $1.86B | 0.88% |
4,313,600
-568,000
| -12% | -$243M |
|
13
PUT
Meta Platforms (Facebook)
META
$1.4T
| $1.81B | 0.86% |
3,161,200
+446,600
| +16% | +$230M |
|
|
14
CALL
NVIDIA
NVDA
$5.2T
| $1.48B | 0.7% |
12,172,500
-2,996,800
| -20% | -$354M |
|
15
PUT
Tesla
TSLA
$1.43T
| $1.47B | 0.7% |
5,615,000
-3,484,800
| -38% | -$795M |
|
|
16
CALL
Invesco QQQ Trust
QQQ
$486B
| $1.44B | 0.68% |
2,952,900
-1,782,600
| -38% | -$844M |
|
|
17
PUT
Amazon
AMZN
$2.79T
| $1.42B | 0.67% |
7,600,500
-1,323,700
| -15% | -$242M |
|
|
18
NVIDIA
NVDA
$5.2T
| $1.35B | 0.64% |
11,150,045
-1,602,073
| -13% | -$189M |
|
|
19
CALL
Microsoft
MSFT
$3.59T
| $1.32B | 0.62% |
3,061,200
+154,300
| +5% | +$66M |
|
20
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $1.3B | 0.62% |
7,849,700
-2,403,300
| -23% | -$403M |
|
|
21
CALL
Meta Platforms (Facebook)
META
$1.4T
| $1.13B | 0.53% |
1,965,700
-64,400
| -3% | -$33.1M |
|
22
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $1.05B | 0.5% |
22,907,100
-2,877,500
| -11% | -$124M |
|
|
23
Spotify
SPOT
$110B
| $1.03B | 0.49% |
2,801,539
+1,589,540
| +131% | +$528M |
|
24
PUT
Advanced Micro Devices
AMD
$773B
| $961M | 0.46% |
5,859,900
-787,700
| -12% | -$120M |
|
25
Boston Scientific
BSX
$73B
| $910M | 0.43% |
11,359,732
+90,349
| +0.8% | +$7.12M |
|
Similar funds
Israel Englander's Q3 2024 Portfolio in Review
As of Q3 2024, Israel Englander held 6,698 positions worth $211B, down 2.3% from $216B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Israel Englander withdrew a net $20.6B in Q3 2024, closing 667 positions and reducing 2,445 holdings. Its most notable exit was WestRock Company, an estimated $161M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.6% of assets, down from 10% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in Smurfit Westrock worth $94.1M.
- Israel Englander's largest Q3 2024 buy was Smurfit Westrock: 1,904,931 shares worth $94.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $1.38B increase.
- Israel Englander's biggest Q3 2024 reduction was Apple, cutting an estimated $2.59B.
- Israel Englander fully exited WestRock Company in Q3 2024, selling an estimated $161M.
- Israel Englander's ten largest holdings make up 17% of its $211B portfolio in Q3 2024.
- Israel Englander opened 898 new positions and closed 667 in Q3 2024.
- Israel Englander's portfolio value fell 2.3% quarter-over-quarter to $211B.
Based on Millennium Management's 13F filing for Q3 2024, filed 14 Nov 2024.