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
|
+$3.83B |
| 2 |
Wells Fargo
WFC
|
+$378M |
| 3 |
Microsoft
MSFT
|
+$253M |
| 4 |
Home Depot
HD
|
+$247M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$414M |
| 2 |
Lowe's Companies
LOW
|
+$326M |
| 3 |
Las Vegas Sands
LVS
|
+$265M |
| 4 |
AABA
Altaba Inc
AABA
|
+$249M |
| 5 |
NBL
Noble Energy, Inc.
NBL
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 10.45% |
| 2 | Technology | 8.65% |
| 3 | Financials | 8.6% |
| 4 | Consumer Discretionary | 7.75% |
| 5 | Industrials | 7.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
eBay
EBAY
$47.7B
| $71.7M | 0.09% |
1,984,431
+1,204,381
| +154% | +$43.6M |
|
227
Crown Holdings
CCK
$13B
| $71.5M | 0.09% |
985,503
-418,725
| -30% | -$29.9M |
|
|
SAFM
228
DELISTED
Sanderson Farms Inc
SAFM
| $71.5M | 0.09% |
405,642
+364,321
| +882% | +$57.5M |
|
229
Ecolab
ECL
$80.4B
| $71.2M | 0.09% |
369,010
+337,190
| +1,060% | +$64M |
|
230
Trane Technologies
TT
$99.7B
| $70.7M | 0.09% |
531,716
+24,217
| +5% | +$3.07M |
|
231
PBF Energy
PBF
$8.24B
| $70.4M | 0.09% |
2,245,463
-287,007
| -11% | -$8.83M |
|
|
SUM
232
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $70.4M | 0.09% |
2,996,868
+1,661,739
| +124% | +$37.7M |
|
233
Synopsys
SNPS
$75.5B
| $70.1M | 0.09% |
503,644
+314,520
| +166% | +$43.1M |
|
|
WRK
234
DELISTED
WestRock Company
WRK
| $69.9M | 0.09% |
1,629,067
-2,134,876
| -57% | -$83.3M |
|
235
Linde
LIN
$226B
| $69.7M | 0.09% |
327,340
-402,353
| -55% | -$81.1M |
|
|
BBL
236
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $69.6M | 0.09% |
1,481,198
+1,181,709
| +395% | +$52M |
|
237
Evercore
EVR
$11.2B
| $69.3M | 0.09% |
926,335
-58,416
| -6% | -$4.45M |
|
238
PUT
Philip Morris
PM
$298B
| $69.2M | 0.09% |
813,200
+753,400
| +1,260% | +$62.1M |
|
239
International Flavors & Fragrances
IFF
$21.9B
| $69.1M | 0.09% |
+535,214
| New | +$68.4M |
|
240
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $68.8M | 0.09% |
1,096,400
-1,905,200
| -63% | -$116M |
|
241
AES
AES
$10.5B
| $68.6M | 0.09% |
3,447,172
+2,564,830
| +291% | +$45.9M |
|
242
Enovis
ENOV
$1.45B
| $68.5M | 0.09% |
1,093,686
+488,009
| +81% | +$27.6M |
|
243
PUT
AutoZone
AZO
$49.1B
| $68.1M | 0.09% |
57,200
+21,100
| +58% | +$24.4M |
|
244
PUT
Applied Materials
AMAT
$384B
| $68M | 0.09% |
1,114,200
+312,400
| +39% | +$17.6M |
|
245
Ascendis Pharma A/S
ASND
$16.5B
| $68M | 0.09% |
488,762
-521,581
| -52% | -$57.9M |
|
246
AbbVie
ABBV
$467B
| $67.9M | 0.09% |
767,253
+663,952
| +643% | +$55.1M |
|
247
West Pharmaceutical
WST
$24.9B
| $67.4M | 0.08% |
448,469
-224,529
| -33% | -$32.7M |
|
248
Phillips 66
PSX
$96.5B
| $67.3M | 0.08% |
604,011
+601,892
| +28,405% | +$67.6M |
|
249
Deere & Co
DE
$175B
| $67.1M | 0.08% |
387,352
+152,698
| +65% | +$26.3M |
|
250
Quanta Services
PWR
$92.7B
| $67.1M | 0.08% |
1,647,313
+1,128,776
| +218% | +$46.1M |
|
Similar funds
Israel Englander's Q4 2019 Portfolio in Review
As of Q4 2019, Israel Englander held 4,935 positions worth $79.9B, up 26% from $63.3B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Israel Englander deployed $9.74B of net new capital in Q4 2019, opening 829 new positions and adding to 1,631 existing holdings. Its largest new stake was International Flavors & Fragrances: 535,214 shares worth $69.1M.
By sector, the portfolio is most concentrated in Healthcare at 10% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Lowe's Companies, an estimated $326M trimmed.
- Israel Englander's largest Q4 2019 buy was International Flavors & Fragrances: 535,214 shares worth $69.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2019, an estimated $3.83B increase.
- Israel Englander's biggest Q4 2019 reduction was Lowe's Companies, cutting an estimated $326M.
- Israel Englander fully exited Celgene Corp in Q4 2019, selling an estimated $414M.
- Israel Englander's ten largest holdings make up 13% of its $79.9B portfolio in Q4 2019.
- Israel Englander opened 829 new positions and closed 796 in Q4 2019.
- Israel Englander's portfolio value rose 26% quarter-over-quarter to $79.9B.
Based on Millennium Management's 13F filing for Q4 2019, filed 14 Feb 2020.