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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.83B |
| 2 |
Wells Fargo
WFC
|
+$378M |
| 3 |
Microsoft
MSFT
|
+$253M |
| 4 |
Home Depot
HD
|
+$247M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$414M |
| 2 |
Lowe's Companies
LOW
|
+$326M |
| 3 |
Las Vegas Sands
LVS
|
+$265M |
| 4 |
AABA
Altaba Inc
AABA
|
+$249M |
| 5 |
NBL
Noble Energy, Inc.
NBL
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 38.21% |
| 2 | Healthcare | 10.45% |
| 3 | Technology | 8.65% |
| 4 | Financials | 8.6% |
| 5 | Consumer Discretionary | 7.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2576
PUT
Global Payments
GPN
$24.5B
| $2.06M | ﹤0.01% |
+11,300
| New | +$1.94M |
|
2577
SLB Ltd
SLB
$82.1B
| $2.06M | ﹤0.01% |
51,322
-940,960
| -95% | -$33.6M |
|
2578
Andersons Inc
ANDE
$2.19B
| $2.06M | ﹤0.01% |
81,541
+16,988
| +26% | +$371K |
|
2579
Helix Energy Solutions
HLX
$1.48B
| $2.06M | ﹤0.01% |
213,665
-2,712,763
| -93% | -$23.5M |
|
2580
Vanguard Total International Bond ETF
BNDX
$82.6B
| $2.06M | ﹤0.01% |
36,338
-52,644
| -59% | -$3.06M |
|
2581
Utz Brands
UTZ
$1.26B
| $2.06M | ﹤0.01% |
200,000
| – | – |
|
2582
BlackRock Corporate High Yield Fund
HYT
$1.35B
| $2.04M | ﹤0.01% |
182,556
-83
| -0% | -$913 |
|
2583
PUT
Yum! Brands
YUM
$41.9B
| $2.04M | ﹤0.01% |
20,300
-75,500
| -79% | -$7.82M |
|
2584
Harley-Davidson
HOG
$2.89B
| $2.04M | ﹤0.01% |
54,965
+9,133
| +20% | +$340K |
|
|
SHLL.U
2585
DELISTED
Tortoise Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half
SHLL.U
| $2.03M | ﹤0.01% |
200,000
| – | – |
|
2586
Welltower
WELL
$173B
| $2.03M | ﹤0.01% |
+24,856
| New | +$2.13M |
|
2587
KALA BIO
KALA
$14.3M
| $2.02M | ﹤0.01% |
220
-4
| -2% | -$38.6K |
|
2588
Editas Medicine
EDIT
$499M
| $2.02M | ﹤0.01% |
68,104
+4,897
| +8% | +$122K |
|
|
EXPR
2589
DELISTED
Express, Inc.
EXPR
| $2.02M | ﹤0.01% |
20,713
+19,167
| +1,240% | +$1.51M |
|
2590
ManpowerGroup
MAN
$2.92B
| $2.02M | ﹤0.01% |
20,766
+6,242
| +43% | +$571K |
|
2591
NWPX Infrastructure Inc
NWPX
$1.09B
| $2.01M | ﹤0.01% |
60,441
+45,786
| +312% | +$1.44M |
|
2592
GATX Corp
GATX
$6.28B
| $2.01M | ﹤0.01% |
24,286
-7,586
| -24% | -$610K |
|
2593
Vanguard Real Estate ETF
VNQ
$38.9B
| $2.01M | ﹤0.01% |
21,631
-56,287
| -72% | -$5.21M |
|
2594
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.6B
| $2M | ﹤0.01% |
+34,390
| New | +$2M |
|
|
GTS
2595
DELISTED
Triple-S Management Corporation
GTS
| $2M | ﹤0.01% |
108,143
-154,859
| -59% | -$2.64M |
|
|
DVAX
2596
DELISTED
Dynavax Technologies
DVAX
| $1.99M | ﹤0.01% |
348,589
-485,584
| -58% | -$2.6M |
|
2597
Murphy USA
MUSA
$9.29B
| $1.99M | ﹤0.01% |
17,046
-101,217
| -86% | -$10.9M |
|
|
LTRPA
2598
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $1.99M | ﹤0.01% |
271,286
+126,143
| +87% | +$1.02M |
|
2599
First Hawaiian
FHB
$3.16B
| $1.99M | ﹤0.01% |
69,089
+53,674
| +348% | +$1.51M |
|
2600
CALL
CenterPoint Energy
CNP
$26.1B
| $1.99M | ﹤0.01% |
+73,000
| New | +$1.98M |
|
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Israel Englander's Q4 2019 Portfolio in Review
As of Q4 2019, Israel Englander held 4,935 positions worth $79.9B, up 26% from $63.3B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Israel Englander deployed $4.28B of net new capital in Q4 2019, opening 829 new positions and adding to 1,631 existing holdings. Its largest new stake was International Flavors & Fragrances: 535,214 shares worth $69.1M.
By sector, the portfolio is most concentrated in Miscellaneous at 38% of assets, up from 28% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Lowe's Companies, an estimated $326M trimmed.
- Israel Englander's largest Q4 2019 buy was International Flavors & Fragrances: 535,214 shares worth $69.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2019, an estimated $3.83B increase.
- Israel Englander's biggest Q4 2019 reduction was Lowe's Companies, cutting an estimated $326M.
- Israel Englander fully exited Celgene Corp in Q4 2019, selling an estimated $414M.
- Israel Englander's ten largest holdings make up 13% of its $79.9B portfolio in Q4 2019.
- Israel Englander opened 829 new positions and closed 796 in Q4 2019.
- Israel Englander's portfolio value rose 26% quarter-over-quarter to $79.9B.
Based on Millennium Management's 13F filing for Q4 2019, filed 14 Feb 2020.