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 |
L3Harris
LHX
|
+$282M |
| 2 |
Ameren
AEE
|
+$239M |
| 3 |
Restaurant Brands International
QSR
|
+$192M |
| 4 |
Lowe's Companies
LOW
|
+$190M |
| 5 |
Las Vegas Sands
LVS
|
+$164M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LyondellBasell Industries
LYB
|
+$441M |
| 2 |
WP
Worldpay, Inc.
WP
|
+$429M |
| 3 |
LLL
L3 Technologies, Inc.
LLL
|
+$412M |
| 4 |
RHT
Red Hat Inc
RHT
|
+$399M |
| 5 |
APC
Anadarko Petroleum
APC
|
+$304M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 28.11% |
| 2 | Healthcare | 11.62% |
| 3 | Financials | 10.42% |
| 4 | Technology | 9.63% |
| 5 | Consumer Discretionary | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CCRN
2526
DELISTED
Cross Country Healthcare
CCRN
| $1.67M | ﹤0.01% |
+162,447
| New | +$1.6M |
|
2527
CALL
UnitedHealth
UNH
$355B
| $1.67M | ﹤0.01% |
7,700
+5,700
| +285% | +$1.38M |
|
|
CONN
2528
DELISTED
Conn's Inc.
CONN
| $1.67M | ﹤0.01% |
67,236
+20,149
| +43% | +$424K |
|
2529
United Fire Group
UFCS
$1.39B
| $1.67M | ﹤0.01% |
35,509
-30,700
| -46% | -$1.46M |
|
2530
Glaukos
GKOS
$10.7B
| $1.66M | ﹤0.01% |
26,609
-37,113
| -58% | -$2.61M |
|
2531
ADT
ADT
$5.45B
| $1.66M | ﹤0.01% |
264,925
-605,097
| -70% | -$3.43M |
|
2532
PUT
Hasbro
HAS
$13.3B
| $1.66M | ﹤0.01% |
14,000
| – | – |
|
2533
Macerich
MAC
$6.78B
| $1.65M | ﹤0.01% |
52,381
-695,677
| -93% | -$21.9M |
|
2534
Golub Capital BDC
GBDC
$3.39B
| $1.65M | ﹤0.01% |
89,626
+28,744
| +47% | +$517K |
|
2535
CALL
Insulet
PODD
$9.95B
| $1.65M | ﹤0.01% |
+10,000
| New | +$1.41M |
|
2536
Harley-Davidson
HOG
$2.9B
| $1.65M | ﹤0.01% |
45,832
-15,553
| -25% | -$533K |
|
2537
Capital City Bank Group
CCBG
$876M
| $1.65M | ﹤0.01% |
59,950
+50,684
| +547% | +$1.28M |
|
|
XLRN
2538
DELISTED
Acceleron Pharma
XLRN
| $1.64M | ﹤0.01% |
41,612
-52,091
| -56% | -$2.26M |
|
2539
Federal Agricultural Mortgage
AGM
$2.42B
| $1.64M | ﹤0.01% |
20,111
-26,018
| -56% | -$2.04M |
|
2540
PUT
Intercontinental Exchange
ICE
$90.5B
| $1.64M | ﹤0.01% |
17,800
+2,600
| +17% | +$237K |
|
|
EGRX
2541
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $1.64M | ﹤0.01% |
29,021
+18,102
| +166% | +$1.02M |
|
2542
CALL
Ingredion
INGR
$6.53B
| $1.63M | ﹤0.01% |
+20,000
| New | +$1.59M |
|
|
2543
PUT
Ingredion
INGR
$6.53B
| $1.63M | ﹤0.01% |
+20,000
| New | +$1.59M |
|
2544
Madrigal Pharmaceuticals
MDGL
$12.6B
| $1.63M | ﹤0.01% |
18,960
+6,729
| +55% | +$631K |
|
2545
iShares Core S&P Small-Cap ETF
IJR
$111B
| $1.63M | ﹤0.01% |
20,988
-15,314
| -42% | -$1.19M |
|
2546
Yeti Holdings
YETI
$3.05B
| $1.63M | ﹤0.01% |
+58,166
| New | +$1.76M |
|
2547
NovoCure
NVCR
$2.09B
| $1.62M | ﹤0.01% |
21,697
-38,718
| -64% | -$3.1M |
|
2548
CALL
Union Pacific
UNP
$183B
| $1.62M | ﹤0.01% |
10,000
+200
| +2% | +$33.6K |
|
2549
Goosehead Insurance
GSHD
$1.68B
| $1.62M | ﹤0.01% |
+32,782
| New | +$1.51M |
|
2550
PUT
Dolby
DLB
$5.85B
| $1.62M | ﹤0.01% |
25,000
| – | – |
|
Similar funds
Israel Englander's Q3 2019 Portfolio in Review
As of Q3 2019, Israel Englander held 4,833 positions worth $63.3B, down 4.9% from $66.5B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.
Israel Englander withdrew a net $4.18B in Q3 2019, closing 727 positions and reducing 1,651 holdings. Its most notable exit was Worldpay, Inc., an estimated $429M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 28% of assets, up from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in L3Harris worth $288M.
- Israel Englander's largest Q3 2019 buy was L3Harris: 1,378,220 shares worth $288M.
- Israel Englander added most to Ameren in Q3 2019, an estimated $239M increase.
- Israel Englander's biggest Q3 2019 reduction was LyondellBasell Industries, cutting an estimated $441M.
- Israel Englander fully exited Worldpay, Inc. in Q3 2019, selling an estimated $429M.
- Israel Englander's ten largest holdings make up 7.2% of its $63.3B portfolio in Q3 2019.
- Israel Englander opened 843 new positions and closed 727 in Q3 2019.
- Israel Englander's portfolio value fell 4.9% quarter-over-quarter to $63.3B.
Based on Millennium Management's 13F filing for Q3 2019, filed 14 Nov 2019.