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 | Miscellaneous | 46.75% |
| 2 | Healthcare | 9.01% |
| 3 | Technology | 7.75% |
| 4 | Financials | 7.01% |
| 5 | Consumer Discretionary | 6.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Dycom Industries
DY
$9.29B
| $2.04M | ﹤0.01% |
49,944
-227,391
| -82% | -$7.86M |
|
2477
iShares 7-10 Year Treasury Bond ETF
IEF
$43B
| $2.03M | ﹤0.01% |
16,663
-8,403
| -34% | -$1.02M |
|
2478
International Bancshares
IBOC
$4.39B
| $2.03M | ﹤0.01% |
63,386
-299,569
| -83% | -$8.62M |
|
2479
Cummins
CMI
$79B
| $2.03M | ﹤0.01% |
11,707
+9,431
| +414% | +$1.51M |
|
2480
Digi International
DGII
$2.94B
| $2.02M | ﹤0.01% |
+173,730
| New | +$1.86M |
|
2481
Stellantis
STLA
$19.9B
| $2.02M | ﹤0.01% |
196,792
+126,042
| +178% | +$1.09M |
|
2482
Cognex
CGNX
$10.6B
| $2.01M | ﹤0.01% |
33,675
-362
| -1% | -$19.7K |
|
2483
ePlus
PLUS
$2.29B
| $2.01M | ﹤0.01% |
56,904
+5,268
| +10% | +$180K |
|
|
FOCS
2484
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $2.01M | ﹤0.01% |
+60,768
| New | +$1.52M |
|
2485
Mitsubishi UFJ Financial
MUFG
$253B
| $2.01M | ﹤0.01% |
+510,443
| New | +$2.02M |
|
2486
Franklin Electric
FELE
$4.52B
| $2M | ﹤0.01% |
38,155
-33,073
| -46% | -$1.64M |
|
|
TRTN
2487
DELISTED
Triton International Limited
TRTN
| $2M | ﹤0.01% |
+66,100
| New | +$1.96M |
|
2488
CALL
PACCAR
PCAR
$66.6B
| $2M | ﹤0.01% |
+40,050
| New | +$1.87M |
|
|
SCVX.U
2489
DELISTED
SCVX Corp. Units, each consisting of one Class A ordinary share, $0.0001 par value per share, and on
SCVX.U
| $1.99M | ﹤0.01% |
192,517
-1,221,783
| -86% | -$12.4M |
|
2490
Exelon
EXC
$45.3B
| $1.99M | ﹤0.01% |
+76,900
| New | +$2.04M |
|
2491
Match Group
MTCH
$9.46B
| $1.99M | ﹤0.01% |
18,586
+6,041
| +48% | +$505K |
|
|
BCEL
2492
DELISTED
Atreca, Inc. Class A Common Stock
BCEL
| $1.99M | ﹤0.01% |
93,457
-38,746
| -29% | -$685K |
|
2493
Standard Motor Products
SMP
$829M
| $1.99M | ﹤0.01% |
+48,251
| New | +$1.95M |
|
2494
Bausch Health
BHC
$2.36B
| $1.99M | ﹤0.01% |
108,614
-975,591
| -90% | -$17.2M |
|
2495
MGP Ingredients
MGPI
$349M
| $1.98M | ﹤0.01% |
54,048
+13,145
| +32% | +$470K |
|
|
MRUS
2496
DELISTED
Merus
MRUS
| $1.98M | ﹤0.01% |
+123,303
| New | +$1.78M |
|
2497
Crinetics Pharmaceuticals
CRNX
$9B
| $1.98M | ﹤0.01% |
+113,034
| New | +$1.93M |
|
2498
Boston Scientific
BSX
$67.6B
| $1.98M | ﹤0.01% |
56,272
-2,876,279
| -98% | -$104M |
|
2499
Star Bulk Carriers
SBLK
$3.4B
| $1.97M | ﹤0.01% |
298,425
+145,091
| +95% | +$832K |
|
2500
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.7B
| $1.97M | ﹤0.01% |
6,065
+5,303
| +696% | +$1.61M |
|
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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 $10.9B 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 Miscellaneous at 47% of assets, down from 48% a quarter earlier, followed by Healthcare and Technology.
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.