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 |
Broadcom
AVGO
|
+$1.14B |
| 2 |
iShares Russell 1000 ETF
IWB
|
+$810M |
| 3 |
Meta Platforms (Facebook)
META
|
+$715M |
| 4 |
Amazon
AMZN
|
+$641M |
| 5 |
UnitedHealth
UNH
|
+$498M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.98B |
| 2 |
Spotify
SPOT
|
+$1.17B |
| 3 |
Microsoft
MSFT
|
+$856M |
| 4 |
Apollo Global Management
APO
|
+$726M |
| 5 |
Workday
WDAY
|
+$440M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.85% |
| 2 | Financials | 8.25% |
| 3 | Healthcare | 7.07% |
| 4 | Industrials | 5.92% |
| 5 | Consumer Discretionary | 5.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $5.7B | 2.78% |
25,777,100
-303,400
| -1% | -$69.2M |
|
2
PUT
Invesco QQQ Trust
QQQ
$486B
| $4.5B | 2.2% |
8,800,900
+265,000
| +3% | +$134M |
|
3
PUT
NVIDIA
NVDA
$5.2T
| $3.6B | 1.76% |
26,806,200
-3,697,000
| -12% | -$510M |
|
4
iShares Core S&P 500 ETF
IVV
$893B
| $3.27B | 1.6% |
5,551,127
+747,458
| +16% | +$442M |
|
|
5
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $3.24B | 1.58% |
5,520,600
-3,163,500
| -36% | -$1.86B |
|
|
6
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $2.98B | 1.46% |
13,476,500
-4,531,700
| -25% | -$1.03B |
|
7
PUT
Apple
AAPL
$4.51T
| $2.91B | 1.42% |
11,635,300
-3,314,500
| -22% | -$781M |
|
|
8
PUT
Amazon
AMZN
$2.79T
| $1.88B | 0.92% |
8,576,800
+976,300
| +13% | +$200M |
|
9
PUT
Tesla
TSLA
$1.43T
| $1.88B | 0.92% |
4,643,000
-972,000
| -17% | -$313M |
|
|
10
PUT
Microsoft
MSFT
$3.59T
| $1.82B | 0.89% |
4,311,100
-2,500
| -0.1% | -$1.06M |
|
|
11
PUT
Meta Platforms (Facebook)
META
$1.4T
| $1.79B | 0.87% |
3,050,500
-110,700
| -4% | -$65M |
|
|
12
Broadcom
AVGO
$1.75T
| $1.7B | 0.83% |
7,324,757
+6,171,021
| +535% | +$1.14B |
|
|
13
CALL
Apple
AAPL
$4.51T
| $1.65B | 0.8% |
6,575,000
-1,712,400
| -21% | -$404M |
|
|
14
CALL
Invesco QQQ Trust
QQQ
$486B
| $1.6B | 0.78% |
3,138,500
+185,600
| +6% | +$93.9M |
|
15
iShares Bitcoin Trust
IBIT
$57.7B
| $1.58B | 0.77% |
29,850,198
+6,352,197
| +27% | +$300M |
|
|
16
Meta Platforms (Facebook)
META
$1.4T
| $1.5B | 0.73% |
2,555,877
+1,218,153
| +91% | +$715M |
|
|
17
CALL
NVIDIA
NVDA
$5.2T
| $1.44B | 0.7% |
10,732,200
-1,440,300
| -12% | -$199M |
|
|
18
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $1.35B | 0.66% |
2,310,600
-1,359,000
| -37% | -$801M |
|
|
19
NVIDIA
NVDA
$5.2T
| $1.34B | 0.65% |
9,974,291
-1,175,754
| -11% | -$162M |
|
20
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $1.34B | 0.65% |
7,053,300
-796,400
| -10% | -$139M |
|
|
21
CALL
Tesla
TSLA
$1.43T
| $1.33B | 0.65% |
3,292,000
+32,300
| +1% | +$10.4M |
|
|
22
PUT
Broadcom
AVGO
$1.75T
| $1.2B | 0.59% |
5,169,900
+424,600
| +9% | +$78.5M |
|
|
23
Microsoft
MSFT
$3.59T
| $1.09B | 0.53% |
2,586,179
-2,010,184
| -44% | -$856M |
|
|
24
CALL
Amazon
AMZN
$2.79T
| $1.02B | 0.5% |
4,650,500
+1,022,800
| +28% | +$209M |
|
|
25
CALL
Meta Platforms (Facebook)
META
$1.4T
| $965M | 0.47% |
1,647,900
-317,800
| -16% | -$187M |
|
Similar funds
Israel Englander's Q4 2024 Portfolio in Review
As of Q4 2024, Israel Englander held 6,700 positions worth $205B, down 3% from $211B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Israel Englander withdrew a net $13.8B in Q4 2024, closing 810 positions and reducing 2,557 holdings. Its most notable exit was Southwestern Energy Company, an estimated $340M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.8% of assets, up from 8.6% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Israel Englander opened a new position in NextEra Energy 7.234% Corporate Units worth $5.03M.
- Israel Englander's largest Q4 2024 buy was NextEra Energy 7.234% Corporate Units: 5,500,000 shares worth $5.03M.
- Israel Englander added most to Broadcom in Q4 2024, an estimated $1.14B increase.
- Israel Englander's biggest Q4 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.98B.
- Israel Englander fully exited Southwestern Energy Company in Q4 2024, selling an estimated $340M.
- Israel Englander's ten largest holdings make up 16% of its $205B portfolio in Q4 2024.
- Israel Englander opened 681 new positions and closed 810 in Q4 2024.
- Israel Englander's portfolio value fell 3% quarter-over-quarter to $205B.
Based on Millennium Management's 13F filing for Q4 2024, filed 14 Feb 2025.