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 | |
|---|---|---|---|---|---|---|
2526
Laird Superfood
LSF
$45.2M
| $2.07M | ﹤0.01% |
+45,213
| New | +$1.96M |
|
2527
Alerian MLP ETF
AMLP
$13.4B
| $2.07M | ﹤0.01% |
+103,709
| New | +$2.4M |
|
2528
PUT
HP
HPQ
$27.2B
| $2.07M | ﹤0.01% |
109,100
+9,100
| +9% | +$166K |
|
2529
CoreCivic
CXW
$3.38B
| $2.06M | ﹤0.01% |
+257,839
| New | +$2.34M |
|
2530
CALL
Petrobras
PBR
$118B
| $2.06M | ﹤0.01% |
288,700
| – | – |
|
2531
PUT
Macy's
M
$5.9B
| $2.05M | ﹤0.01% |
360,000
+250,000
| +227% | +$1.67M |
|
2532
Valero Energy
VLO
$102B
| $2.05M | ﹤0.01% |
47,232
-263,013
| -85% | -$13.8M |
|
2533
CALL
Centene
CNC
$31.8B
| $2.04M | ﹤0.01% |
+35,000
| New | +$2.17M |
|
|
CCF
2534
DELISTED
Chase Corporation
CCF
| $2.04M | ﹤0.01% |
21,406
+631
| +3% | +$64.2K |
|
|
ORPH
2535
DELISTED
Orphazyme A/S
ORPH
| $2.04M | ﹤0.01% |
+197,556
| New | +$1.98M |
|
2536
CALL
Marriott International
MAR
$92.1B
| $2.04M | ﹤0.01% |
+22,000
| New | +$2.08M |
|
2537
El Pollo Loco
LOCO
$468M
| $2.03M | ﹤0.01% |
125,552
+97,816
| +353% | +$1.61M |
|
|
PARAA
2538
DELISTED
Paramount Global Class A
PARAA
| $2.02M | ﹤0.01% |
66,617
+20,165
| +43% | +$589K |
|
2539
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.79B
| $2.02M | ﹤0.01% |
65,405
+48,149
| +279% | +$1.51M |
|
2540
Vera Bradley
VRA
$95M
| $2.01M | ﹤0.01% |
329,484
-188,986
| -36% | -$1.01M |
|
|
ODP
2541
DELISTED
ODP
ODP
| $2.01M | ﹤0.01% |
+103,276
| New | +$2.21M |
|
|
RDUS
2542
DELISTED
Radius Recycling
RDUS
| $2.01M | ﹤0.01% |
104,398
+69,262
| +197% | +$1.31M |
|
|
VXRT
2543
DELISTED
Vaxart
VXRT
| $2.01M | ﹤0.01% |
301,926
-587,869
| -66% | -$5.24M |
|
|
PRVB
2544
DELISTED
Provention Bio, Inc. Common Stock
PRVB
| $2.01M | ﹤0.01% |
156,320
-464,750
| -75% | -$5.87M |
|
2545
American International
AIG
$40.2B
| $2M | ﹤0.01% |
72,647
-68,026
| -48% | -$2.03M |
|
|
STL
2546
DELISTED
Sterling Bancorp
STL
| $2M | ﹤0.01% |
190,025
+156,162
| +461% | +$1.77M |
|
2547
Cboe Global Markets
CBOE
$32.9B
| $2M | ﹤0.01% |
22,767
-9,512
| -29% | -$856K |
|
2548
CALL
Ford
F
$55.5B
| $2M | ﹤0.01% |
300,000
-150,000
| -33% | -$1.02M |
|
|
MRC
2549
DELISTED
MRC Global
MRC
| $2M | ﹤0.01% |
466,365
+324,395
| +228% | +$1.86M |
|
2550
Enova International
ENVA
$5.86B
| $2M | ﹤0.01% |
121,700
+17,050
| +16% | +$274K |
|
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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.