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 | |
|---|---|---|---|---|---|---|
2601
Clorox
CLX
$12.6B
| $1.99M | ﹤0.01% |
12,948
-117,198
| -90% | -$17.5M |
|
2602
PUT
Ford
F
$55.4B
| $1.99M | ﹤0.01% |
213,500
-623,700
| -74% | -$5.61M |
|
2603
City Holding Co
CHCO
$2.02B
| $1.96M | ﹤0.01% |
23,920
+12,522
| +110% | +$992K |
|
|
WSR
2604
DELISTED
Whitestone REIT
WSR
| $1.96M | ﹤0.01% |
+143,918
| New | +$1.98M |
|
|
CALA
2605
DELISTED
Calithera Biosciences, Inc
CALA
| $1.95M | ﹤0.01% |
17,110
+10,751
| +169% | +$809K |
|
|
TUP
2606
DELISTED
Tupperware Brands Corporation
TUP
| $1.95M | ﹤0.01% |
227,386
-46,585
| -17% | -$508K |
|
2607
Hanover Insurance
THG
$7.94B
| $1.95M | ﹤0.01% |
14,245
-203,225
| -93% | -$27.3M |
|
|
CORE
2608
DELISTED
Core Mark Holding Co., Inc.
CORE
| $1.94M | ﹤0.01% |
+71,476
| New | +$1.98M |
|
2609
CALL
Revvity
RVTY
$14.4B
| $1.94M | ﹤0.01% |
20,000
+10,000
| +100% | +$893K |
|
|
COUP
2610
DELISTED
Coupa Software Incorporated
COUP
| $1.94M | ﹤0.01% |
13,280
+8,194
| +161% | +$1.17M |
|
2611
Mitsubishi UFJ Financial
MUFG
$258B
| $1.94M | ﹤0.01% |
+356,459
| New | +$1.88M |
|
2612
Ardmore Shipping
ASC
$696M
| $1.93M | ﹤0.01% |
213,694
+121,365
| +131% | +$1.01M |
|
2613
Blackstone
BX
$108B
| $1.93M | ﹤0.01% |
+34,569
| New | +$1.79M |
|
2614
Vanguard Dividend Appreciation ETF
VIG
$113B
| $1.93M | ﹤0.01% |
15,456
+624
| +4% | +$75.5K |
|
|
NFJ
2615
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.45B
| $1.92M | ﹤0.01% |
147,981
-23,139
| -14% | -$292K |
|
2616
National Vision
EYE
$1.39B
| $1.92M | ﹤0.01% |
59,228
-974,076
| -94% | -$26.8M |
|
2617
Gentex
GNTX
$4.82B
| $1.92M | ﹤0.01% |
66,238
-335,334
| -84% | -$9.44M |
|
2618
Vermilion Energy
VET
$1.89B
| $1.92M | ﹤0.01% |
117,373
-64,736
| -36% | -$975K |
|
2619
10x Genomics
TXG
$8.29B
| $1.91M | ﹤0.01% |
25,086
-23,420
| -48% | -$1.41M |
|
|
VRTV
2620
DELISTED
VERITIV CORPORATION
VRTV
| $1.91M | ﹤0.01% |
97,042
-65,612
| -40% | -$1.15M |
|
|
HEES
2621
DELISTED
H&E Equipment Services
HEES
| $1.91M | ﹤0.01% |
57,016
-146,309
| -72% | -$4.75M |
|
2622
BlackRock Credit Allocation Income Trust
BTZ
$945M
| $1.9M | ﹤0.01% |
136,141
+125,261
| +1,151% | +$1.71M |
|
2623
Western Digital
WDC
$169B
| $1.9M | ﹤0.01% |
39,620
-365,827
| -90% | -$15.3M |
|
2624
CALL
BJ's Restaurants
BJRI
$1.38B
| $1.9M | ﹤0.01% |
50,000
-260,000
| -84% | -$9.97M |
|
2625
Dianthus Therapeutics
DNTH
$6.05B
| $1.89M | ﹤0.01% |
+7,810
| New | +$1.46M |
|
Similar funds
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.