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 |
AGN
Allergan plc
AGN
|
+$200M |
| 2 |
Danaher
DHR
|
+$146M |
| 3 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$138M |
| 4 |
Procter & Gamble
PG
|
+$122M |
| 5 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$109M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.89B |
| 2 |
Microsoft
MSFT
|
+$380M |
| 3 |
Alibaba
BABA
|
+$352M |
| 4 |
Wells Fargo
WFC
|
+$245M |
| 5 |
American Electric Power
AEP
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 47.74% |
| 2 | Healthcare | 11.91% |
| 3 | Technology | 7.43% |
| 4 | Financials | 6.52% |
| 5 | Consumer Discretionary | 5.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
ImmunityBio
IBRX
$8.65B
| $930K | ﹤0.01% |
322,999
+13,660
| +4% | +$68.4K |
|
2477
Exicure
XCUR
$8.71M
| $920K | ﹤0.01% |
4,146
+3,362
| +429% | +$1.06M |
|
|
BCLI
2478
DELISTED
BRAINSTORM CELL THERAPUTC
BCLI
| $919K | ﹤0.01% |
+13,203
| New | +$1.03M |
|
2479
Arq
ARQ
$95.2M
| $919K | ﹤0.01% |
139,886
-73,361
| -34% | -$713K |
|
2480
PUT
WIX.com
WIX
$3.62B
| $917K | ﹤0.01% |
+9,100
| New | +$1.19M |
|
2481
British American Tobacco
BTI
$121B
| $916K | ﹤0.01% |
26,784
-114,275
| -81% | -$4.66M |
|
2482
CB Financial Services
CBFV
$192M
| $914K | ﹤0.01% |
+47,321
| New | +$1.28M |
|
|
IVAC
2483
DELISTED
Intevac Inc
IVAC
| $910K | ﹤0.01% |
222,556
+209,107
| +1,555% | +$1.25M |
|
|
NYMX
2484
DELISTED
Nymox Pharmaceutical Corp
NYMX
| $909K | ﹤0.01% |
388,656
+44,599
| +13% | +$125K |
|
2485
Stoneridge
SRI
$205M
| $908K | ﹤0.01% |
+54,193
| New | +$1.34M |
|
|
LITS
2486
Lite Strategy Inc
LITS
$34.4M
| $907K | ﹤0.01% |
28,166
-6,301
| -18% | -$252K |
|
2487
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $907K | ﹤0.01% |
10,466
-403,426
| -97% | -$34.5M |
|
|
SCHW
2488
CALL
Charles Schwab
SCHW
$188B
| $904K | ﹤0.01% |
26,900
-7,200
| -21% | -$302K |
|
|
PPBI
2489
DELISTED
Pacific Premier Bancorp
PPBI
| $903K | ﹤0.01% |
+47,950
| New | +$1.28M |
|
2490
Dyadic International
DYAI
$24.9M
| $902K | ﹤0.01% |
173,444
+160,211
| +1,211% | +$845K |
|
2491
AAR Corp
AIR
$5.42B
| $901K | ﹤0.01% |
50,736
+35,147
| +225% | +$1.28M |
|
2492
CALL
Under Armour
UAA
$2.2B
| $901K | ﹤0.01% |
97,800
+80,400
| +462% | +$1.29M |
|
|
ECOM
2493
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $901K | ﹤0.01% |
124,139
+83,061
| +202% | +$731K |
|
2494
Xerox
XRX
$391M
| $899K | ﹤0.01% |
47,484
-16,297
| -26% | -$518K |
|
|
ROCC
2495
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $897K | ﹤0.01% |
290,180
+262,520
| +949% | +$4.36M |
|
2496
Macerich
MAC
$6.81B
| $896K | ﹤0.01% |
159,185
-761,628
| -83% | -$15.2M |
|
|
SAVE
2497
CALL
DELISTED
Spirit Airlines, Inc.
SAVE
| $896K | ﹤0.01% |
+69,500
| New | +$2.23M |
|
2498
Enbridge
ENB
$110B
| $895K | ﹤0.01% |
+30,755
| New | +$1.14M |
|
2499
Orion Group Holdings
ORN
$386M
| $893K | ﹤0.01% |
343,420
+25,588
| +8% | +$102K |
|
2500
CALL
American International
AIG
$40.3B
| $892K | ﹤0.01% |
+36,800
| New | +$1.58M |
|
Similar funds
Israel Englander's Q1 2020 Portfolio in Review
As of Q1 2020, Israel Englander held 4,928 positions worth $44.5B, down 44% from $79.9B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander withdrew a net $20.8B in Q1 2020, closing 1,154 positions and reducing 1,745 holdings. Its most notable exit was Becton Dickinson, an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 48% of assets, up from 38% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Israel Englander opened a new position in Danaher worth $133M.
- Israel Englander's largest Q1 2020 buy was Danaher: 1,082,448 shares worth $133M.
- Israel Englander added most to Allergan plc in Q1 2020, an estimated $200M increase.
- Israel Englander's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.89B.
- Israel Englander fully exited Becton Dickinson in Q1 2020, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 18% of its $44.5B portfolio in Q1 2020.
- Israel Englander opened 789 new positions and closed 1,154 in Q1 2020.
- Israel Englander's portfolio value fell 44% quarter-over-quarter to $44.5B.
Based on Millennium Management's 13F filing for Q1 2020, filed 14 May 2020.