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 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$190M |
| 2 |
MNTA
Momenta Pharmaceuticals, Inc.
MNTA
|
+$178M |
| 3 |
Meta Platforms (Facebook)
META
|
+$172M |
| 4 |
AMTD
TD Ameritrade Holding Corp
AMTD
|
+$169M |
| 5 |
Microsoft
MSFT
|
+$166M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$278M |
| 2 |
Intel
INTC
|
+$223M |
| 3 |
PPLI
People Inc
PPLI
|
+$210M |
| 4 |
Mastercard
MA
|
+$210M |
| 5 |
Honeywell
HON
|
+$188M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 52.25% |
| 2 | Healthcare | 9.18% |
| 3 | Consumer Discretionary | 6.93% |
| 4 | Technology | 6.31% |
| 5 | Industrials | 5.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
ArcBest
ARCB
$3.12B
| $2.2M | ﹤0.01% |
70,956
+60,483
| +578% | +$1.88M |
|
|
SMMCU
2477
DELISTED
South Mountain Merger Corp. Unit
SMMCU
| $2.2M | ﹤0.01% |
200,100
| – | – |
|
2478
Mativ Holdings
MATV
$669M
| $2.2M | ﹤0.01% |
72,378
+21,871
| +43% | +$687K |
|
2479
CALL
S&P Global
SPGI
$130B
| $2.2M | ﹤0.01% |
6,100
-400
| -6% | -$141K |
|
2480
Sanmina
SANM
$10.7B
| $2.2M | ﹤0.01% |
81,308
-298,796
| -79% | -$8.13M |
|
|
FUSN
2481
DELISTED
Fusion Pharmaceuticals Inc. Common Shares
FUSN
| $2.2M | ﹤0.01% |
182,712
-27,789
| -13% | -$380K |
|
2482
Vornado Realty Trust
VNO
$7.23B
| $2.19M | ﹤0.01% |
65,106
-173,449
| -73% | -$6.18M |
|
2483
Corcept Therapeutics
CORT
$12.5B
| $2.19M | ﹤0.01% |
125,895
-437,595
| -78% | -$6.97M |
|
2484
Stellantis
STLA
$20.4B
| $2.19M | ﹤0.01% |
179,226
-17,566
| -9% | -$196K |
|
|
ABB
2485
DELISTED
ABB Ltd
ABB
| $2.19M | ﹤0.01% |
85,920
-9,809
| -10% | -$250K |
|
|
GPMT
2486
Granite Point Mortgage Trust
GPMT
$51.6M
| $2.18M | ﹤0.01% |
307,999
+147,621
| +92% | +$995K |
|
|
STOR
2487
DELISTED
STORE Capital Corporation
STOR
| $2.18M | ﹤0.01% |
79,428
-107,013
| -57% | -$2.72M |
|
2488
Central Pacific Financial
CPF
$975M
| $2.17M | ﹤0.01% |
159,975
-276,582
| -63% | -$4.19M |
|
2489
KALA BIO
KALA
$16M
| $2.17M | ﹤0.01% |
116
-27
| -19% | -$621K |
|
2490
PUT
iShares Silver Trust
SLV
$33.5B
| $2.16M | ﹤0.01% |
+100,000
| New | +$2.27M |
|
2491
CALL
Relmada Therapeutics
RLMD
$476M
| $2.16M | ﹤0.01% |
57,500
+7,500
| +15% | +$290K |
|
|
EFOR
2492
Everforth Inc
EFOR
$1.31B
| $2.16M | ﹤0.01% |
+34,013
| New | +$2.34M |
|
2493
iShares MSCI Indonesia ETF
EIDO
$493M
| $2.16M | ﹤0.01% |
+125,196
| New | +$2.36M |
|
|
PSB
2494
DELISTED
PS Business Parks, Inc.
PSB
| $2.15M | ﹤0.01% |
17,610
-33,342
| -65% | -$4.3M |
|
2495
Skywest
SKYW
$3.85B
| $2.15M | ﹤0.01% |
72,079
-49,847
| -41% | -$1.55M |
|
|
ODT
2496
DELISTED
Odonate Therapeutics, Inc. Common Stock
ODT
| $2.15M | ﹤0.01% |
160,073
+153,813
| +2,457% | +$4.36M |
|
|
OTIC
2497
DELISTED
Otonomy, Inc.
OTIC
| $2.15M | ﹤0.01% |
529,873
-134,392
| -20% | -$507K |
|
2498
Thor Industries
THO
$3.98B
| $2.14M | ﹤0.01% |
22,495
-22,542
| -50% | -$2.33M |
|
2499
Mettler-Toledo International
MTD
$28B
| $2.14M | ﹤0.01% |
2,217
+1,125
| +103% | +$1.04M |
|
|
LL
2500
DELISTED
LL Flooring Holdings, Inc.
LL
| $2.14M | ﹤0.01% |
+97,091
| New | +$2.07M |
|
Similar funds
Israel Englander's Q3 2020 Portfolio in Review
As of Q3 2020, Israel Englander held 5,106 positions worth $81.2B, up 11% from $73B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander's Q3 2020 filing shows 989 new, 1,503 increased, 1,793 reduced and 724 closed positions. Its largest new stake was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120M. The largest sale was JPMorgan Chase, an estimated $278M.
By sector, the portfolio is most concentrated in Miscellaneous at 52% of assets, up from 47% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Israel Englander's largest Q3 2020 buy was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120M.
- Israel Englander added most to Varian Medical Systems, Inc. in Q3 2020, an estimated $190M increase.
- Israel Englander's biggest Q3 2020 reduction was JPMorgan Chase, cutting an estimated $278M.
- Israel Englander fully exited Tech Data Corp in Q3 2020, selling an estimated $186M.
- Israel Englander's ten largest holdings make up 18% of its $81.2B portfolio in Q3 2020.
- Israel Englander opened 989 new positions and closed 724 in Q3 2020.
- Israel Englander's portfolio value rose 11% quarter-over-quarter to $81.2B.
Based on Millennium Management's 13F filing for Q3 2020, filed 16 Nov 2020.