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 |
AGN
Allergan plc
AGN
|
+$200M |
| 2 |
Danaher
DHR
|
+$146M |
| 3 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$138M |
| 4 |
Procter & Gamble
PG
|
+$122M |
| 5 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$109M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.89B |
| 2 |
Microsoft
MSFT
|
+$380M |
| 3 |
Alibaba
BABA
|
+$352M |
| 4 |
Wells Fargo
WFC
|
+$245M |
| 5 |
American Electric Power
AEP
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 47.74% |
| 2 | Healthcare | 11.91% |
| 3 | Technology | 7.43% |
| 4 | Financials | 6.52% |
| 5 | Consumer Discretionary | 5.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LBAI
2601
DELISTED
Lakeland Bancorp Inc
LBAI
| $744K | ﹤0.01% |
68,840
-139,242
| -67% | -$2.06M |
|
2602
Equinor
EQNR
$98.6B
| $742K | ﹤0.01% |
+60,936
| New | +$985K |
|
2603
PUT
Hershey
HSY
$36.4B
| $742K | ﹤0.01% |
5,600
+2,500
| +81% | +$369K |
|
2604
CALL
Seagate
STX
$192B
| $742K | ﹤0.01% |
15,200
+11,300
| +290% | +$603K |
|
2605
Ichor Holdings
ICHR
$2.21B
| $741K | ﹤0.01% |
38,674
-369,384
| -91% | -$11.2M |
|
2606
Welltower
WELL
$173B
| $739K | ﹤0.01% |
16,142
-8,714
| -35% | -$643K |
|
|
VERO
2607
DELISTED
Venus Concept
VERO
| $738K | ﹤0.01% |
1,259
+770
| +157% | +$742K |
|
|
RPAI
2608
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $738K | ﹤0.01% |
142,694
-3,873,379
| -96% | -$40.9M |
|
2609
Liberty Latin America Class A
LILA
$1.63B
| $737K | ﹤0.01% |
+109,486
| New | +$1.1M |
|
2610
Comstock Resources
CRK
$4.29B
| $736K | ﹤0.01% |
136,550
+54,232
| +66% | +$323K |
|
2611
CALL
TransDigm Group
TDG
$65.6B
| $736K | ﹤0.01% |
+2,300
| New | +$1.25M |
|
2612
Texas Pacific Land
TPL
$25.5B
| $735K | ﹤0.01% |
17,406
+12,123
| +229% | +$888K |
|
|
CEO
2613
DELISTED
CNOOC Limited
CEO
| $735K | ﹤0.01% |
7,102
+5,778
| +436% | +$822K |
|
2614
Millicom
TIGO
$15.6B
| $734K | ﹤0.01% |
25,850
-2,020
| -7% | -$84.6K |
|
2615
Eagle Bancorp Montana
EBMT
$179M
| $733K | ﹤0.01% |
+45,191
| New | +$877K |
|
|
OTIC
2616
DELISTED
Otonomy, Inc.
OTIC
| $733K | ﹤0.01% |
372,324
+58,456
| +19% | +$180K |
|
2617
Paycom
PAYC
$10.7B
| $732K | ﹤0.01% |
+3,623
| New | +$993K |
|
2618
Blackstone
BX
$108B
| $731K | ﹤0.01% |
16,050
-18,519
| -54% | -$1.02M |
|
2619
Noodles & Co
NDLS
$88.1M
| $731K | ﹤0.01% |
19,397
+14,083
| +265% | +$752K |
|
2620
Phibro Animal Health
PAHC
$1.48B
| $729K | ﹤0.01% |
30,167
-164,892
| -85% | -$4.03M |
|
|
BRY
2621
DELISTED
Berry Corp
BRY
| $726K | ﹤0.01% |
301,373
-20,172
| -6% | -$124K |
|
2622
Pan American Silver
PAAS
$22.8B
| $726K | ﹤0.01% |
50,661
-230,495
| -82% | -$4.79M |
|
|
ATCO
2623
DELISTED
Atlas Corp.
ATCO
| $726K | ﹤0.01% |
+94,370
| New | +$1.04M |
|
2624
Midland States Bancorp
MSBI
$681M
| $725K | ﹤0.01% |
41,443
-15,315
| -27% | -$372K |
|
2625
Nutanix
NTNX
$18.9B
| $725K | ﹤0.01% |
45,906
-612,896
| -93% | -$17.2M |
|
Similar funds
Israel Englander's Q1 2020 Portfolio in Review
As of Q1 2020, Israel Englander held 4,928 positions worth $44.5B, down 44% from $79.9B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander withdrew a net $20.8B in Q1 2020, closing 1,154 positions and reducing 1,745 holdings. Its most notable exit was Becton Dickinson, an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 48% of assets, up from 38% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Israel Englander opened a new position in Danaher worth $133M.
- Israel Englander's largest Q1 2020 buy was Danaher: 1,082,448 shares worth $133M.
- Israel Englander added most to Allergan plc in Q1 2020, an estimated $200M increase.
- Israel Englander's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.89B.
- Israel Englander fully exited Becton Dickinson in Q1 2020, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 18% of its $44.5B portfolio in Q1 2020.
- Israel Englander opened 789 new positions and closed 1,154 in Q1 2020.
- Israel Englander's portfolio value fell 44% quarter-over-quarter to $44.5B.
Based on Millennium Management's 13F filing for Q1 2020, filed 14 May 2020.