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 |
Lowe's Companies
LOW
|
+$217M |
| 2 |
JPMorgan Chase
JPM
|
+$213M |
| 3 |
Intel
INTC
|
+$200M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$184M |
| 5 |
TECD
Tech Data Corp
TECD
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$685M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$127M |
| 3 |
Meta Platforms (Facebook)
META
|
+$122M |
| 4 |
Merck
MRK
|
+$110M |
| 5 |
NVIDIA
NVDA
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 9.01% |
| 2 | Technology | 7.75% |
| 3 | Financials | 7.01% |
| 4 | Consumer Discretionary | 6.9% |
| 5 | Industrials | 6.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
PUT
McDonald's
MCD
$192B
| $59.5M | 0.08% |
322,300
+74,100
| +30% | +$13.6M |
|
227
FIVE9
FIVN
$2.45B
| $59.2M | 0.08% |
+535,213
| New | +$52.1M |
|
228
SLB Ltd
SLB
$79.9B
| $58.8M | 0.08% |
3,198,584
+1,529,999
| +92% | +$26.8M |
|
229
Ross Stores
ROST
$76.7B
| $58.6M | 0.08% |
686,899
+483,855
| +238% | +$43.8M |
|
230
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $58.3M | 0.08% |
3,080,600
+1,414,000
| +85% | +$26.3M |
|
231
Jazz Pharmaceuticals
JAZZ
$16.5B
| $58.2M | 0.08% |
527,329
+481,896
| +1,061% | +$53.3M |
|
232
PUT
Nike
NKE
$60.5B
| $58.1M | 0.08% |
592,700
-349,700
| -37% | -$32.3M |
|
|
XYZ
233
Block Inc
XYZ
$49.4B
| $58.1M | 0.08% |
553,503
-342,593
| -38% | -$26.2M |
|
234
Pultegroup
PHM
$24.6B
| $58.1M | 0.08% |
1,706,288
+364,913
| +27% | +$11M |
|
235
CALL
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $57.7M | 0.08% |
+1,105,000
| New | +$52M |
|
236
Marvell Technology
MRVL
$213B
| $57.7M | 0.08% |
1,644,767
+1,635,861
| +18,368% | +$47.9M |
|
237
CALL
SPDR Gold Trust
GLD
$152B
| $57.6M | 0.08% |
+344,000
| New | +$55.5M |
|
238
Five Below
FIVE
$13.8B
| $57.4M | 0.08% |
537,318
+278,452
| +108% | +$26.1M |
|
239
D.R. Horton
DHI
$41.5B
| $57.4M | 0.08% |
+1,035,149
| New | +$50.2M |
|
240
Verizon
VZ
$205B
| $57.2M | 0.08% |
1,036,954
+393,017
| +61% | +$22.1M |
|
241
Boston Beer
SAM
$1.91B
| $57M | 0.08% |
106,303
+103,132
| +3,252% | +$49.9M |
|
242
Church & Dwight Co
CHD
$23.4B
| $56.4M | 0.08% |
729,002
+413,974
| +131% | +$30.1M |
|
|
243
CALL
Verizon
VZ
$205B
| $55.9M | 0.08% |
1,014,800
+420,700
| +71% | +$23.7M |
|
244
Medtronic
MDT
$119B
| $55.5M | 0.08% |
605,024
+562,190
| +1,312% | +$53.9M |
|
245
Roper Technologies
ROP
$40.7B
| $55.4M | 0.08% |
142,806
+20,866
| +17% | +$7.48M |
|
|
EXAS
246
DELISTED
Exact Sciences
EXAS
| $55.2M | 0.08% |
634,365
+546,028
| +618% | +$43.6M |
|
247
Dropbox
DBX
$7.5B
| $55M | 0.08% |
2,526,338
+1,402,843
| +125% | +$29.6M |
|
248
RTX Corp
RTX
$283B
| $54.9M | 0.08% |
890,797
-420,573
| -32% | -$26.2M |
|
249
United Therapeutics
UTHR
$22B
| $54.9M | 0.08% |
453,371
-396,175
| -47% | -$44.6M |
|
250
Expedia Group
EXPE
$38.6B
| $54.5M | 0.07% |
662,557
+497,971
| +303% | +$36.2M |
|
Similar funds
Israel Englander's Q2 2020 Portfolio in Review
As of Q2 2020, Israel Englander held 4,914 positions worth $73B, up 64% from $44.5B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $17.6B of net new capital in Q2 2020, opening 1,140 new positions and adding to 1,565 existing holdings. Its largest new stake was Global Payments: 1,008,446 shares worth $171M.
By sector, the portfolio is most concentrated in Healthcare at 9% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $127M trimmed.
- Israel Englander's largest Q2 2020 buy was Global Payments: 1,008,446 shares worth $171M.
- Israel Englander added most to Lowe's Companies in Q2 2020, an estimated $217M increase.
- Israel Englander's biggest Q2 2020 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $127M.
- Israel Englander fully exited Allergan plc in Q2 2020, selling an estimated $685M.
- Israel Englander's ten largest holdings make up 20% of its $73B portfolio in Q2 2020.
- Israel Englander opened 1,140 new positions and closed 798 in Q2 2020.
- Israel Englander's portfolio value rose 64% quarter-over-quarter to $73B.
Based on Millennium Management's 13F filing for Q2 2020, filed 14 Aug 2020.