Israel Englander

Founder & CEO, Millennium Management

Quant / Multi-StratAUM $240.29BPositions 4,153Q1 2026

🏆 Clone Portfolio Track Record

Rank #22 of 69 by 3-year alpha vs SPY · mechanically replicating this book, rebalanced at filing dates

A strong clone record is a track record, not a forecast — tested across a decade it doesn't reliably repeat. See what actually holds up →

Analyst Take · Q1 2026

AI

Millennium's $240B multi-strat book (4,153 positions) leaned defensive: index exposure came down (QQQ −18%, SPY −29%, IVV −10%) while IWM small-caps got a 12.5% add. Single-name adds were chunky — MSFT +53%, TSLA +69%, META +26% — against an 87% cut to WMT. Pod-shop flows, but the aggregate clone still ranks #19 with +4pt alpha.

Generated quarterly from the filing data itself — holdings, changes, sector mix and clone-performance rank. Not investment advice.

Israel 'Izzy' Englander founded Millennium Management in 1989 with $35M; it is now one of the largest multi-strategy 'pod shop' hedge funds with 330+ investment teams. Millennium has delivered remarkably consistent returns with only one down year since inception.