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 | |
|---|---|---|---|---|---|---|
|
PLYA
2626
DELISTED
Playa Hotels & Resorts
PLYA
| $724K | ﹤0.01% |
413,688
+278,165
| +205% | +$1.6M |
|
2627
CALL
DaVita
DVA
$11.4B
| $723K | ﹤0.01% |
+9,500
| New | +$747K |
|
2628
MannKind Corp
MNKD
$1.31B
| $721K | ﹤0.01% |
700,307
+687,254
| +5,265% | +$929K |
|
2629
Byline Bancorp
BY
$1.73B
| $719K | ﹤0.01% |
69,359
-294,280
| -81% | -$4.99M |
|
|
ABB
2630
DELISTED
ABB Ltd
ABB
| $717K | ﹤0.01% |
+41,542
| New | +$907K |
|
2631
CALL
Teladoc Health
TDOC
$1.16B
| $713K | ﹤0.01% |
4,600
-9,400
| -67% | -$1.09M |
|
|
DVAX
2632
DELISTED
Dynavax Technologies
DVAX
| $711K | ﹤0.01% |
201,409
-147,180
| -42% | -$682K |
|
2633
CALL
Clorox
CLX
$12.5B
| $710K | ﹤0.01% |
+4,100
| New | +$677K |
|
2634
First Citizens BancShares
FCNCA
$24.4B
| $710K | ﹤0.01% |
2,132
-8,313
| -80% | -$3.85M |
|
2635
Cheer Holding
CHR
$3.36M
| $709K | ﹤0.01% |
115
-485
| -81% | -$4.58M |
|
2636
Central Garden & Pet Co Class A
CENTA
$2.36B
| $708K | ﹤0.01% |
34,628
-139,745
| -80% | -$3.1M |
|
2637
VEON
VEON
$4.16B
| $708K | ﹤0.01% |
18,742
-406,453
| -96% | -$22.4M |
|
2638
White Mountains Insurance
WTM
$5.08B
| $708K | ﹤0.01% |
778
+397
| +104% | +$411K |
|
|
DSKE
2639
DELISTED
Daseke, Inc. Common Stock
DSKE
| $708K | ﹤0.01% |
505,966
+291,200
| +136% | +$859K |
|
|
XLNX
2640
DELISTED
Xilinx Inc
XLNX
| $708K | ﹤0.01% |
9,081
-3,718
| -29% | -$324K |
|
|
CSPR
2641
DELISTED
Casper Sleep Inc.
CSPR
| $708K | ﹤0.01% |
+165,130
| New | +$1.24M |
|
2642
HEICO Corp Class A
HEI.A
$35.1B
| $706K | ﹤0.01% |
11,053
-524,470
| -98% | -$46.9M |
|
2643
Infosys
INFY
$48.2B
| $706K | ﹤0.01% |
86,006
-1,355,419
| -94% | -$13.6M |
|
2644
Labcorp
LH
$27.3B
| $706K | ﹤0.01% |
6,499
-168,288
| -96% | -$24.2M |
|
2645
ANI Pharmaceuticals
ANIP
$1.69B
| $705K | ﹤0.01% |
+17,305
| New | +$920K |
|
2646
PUT
TransDigm Group
TDG
$65.6B
| $704K | ﹤0.01% |
+2,200
| New | +$1.2M |
|
2647
PUT
HF Sinclair
DINO
$17.2B
| $703K | ﹤0.01% |
28,700
-197,200
| -87% | -$7.36M |
|
|
APTX
2648
DELISTED
Aptinyx Inc. Common Stock
APTX
| $703K | ﹤0.01% |
325,266
+252,418
| +346% | +$826K |
|
2649
CALL
Jack in the Box
JACK
$305M
| $701K | ﹤0.01% |
+20,000
| New | +$1.36M |
|
|
HA
2650
DELISTED
Hawaiian Holdings, Inc.
HA
| $701K | ﹤0.01% |
67,178
+56,640
| +537% | +$1.29M |
|
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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.