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 | |
|---|---|---|---|---|---|---|
|
EVF
2651
Eaton Vance Senior Income Trust
EVF
$90.1M
| $697K | ﹤0.01% |
+151,140
| New | +$897K |
|
2652
Sun Life Financial
SLF
$43.8B
| $697K | ﹤0.01% |
+21,709
| New | +$930K |
|
2653
OneWater Marine
ONEW
$194M
| $696K | ﹤0.01% |
+90,965
| New | +$1.06M |
|
2654
MDU Resources
MDU
$4.24B
| $690K | ﹤0.01% |
84,372
-4,374,083
| -98% | -$46M |
|
2655
Cars.com
CARS
$630M
| $689K | ﹤0.01% |
160,197
-891,320
| -85% | -$8.61M |
|
2656
TTEC Holdings
TTEC
$68M
| $687K | ﹤0.01% |
18,716
-54,289
| -74% | -$2.11M |
|
2657
PUT
Aflac
AFL
$58.4B
| $685K | ﹤0.01% |
+20,000
| New | +$914K |
|
2658
Editas Medicine
EDIT
$507M
| $685K | ﹤0.01% |
34,531
-33,573
| -49% | -$847K |
|
|
SCPL
2659
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $683K | ﹤0.01% |
+71,692
| New | +$726K |
|
|
LTHM
2660
DELISTED
Livent Corporation
LTHM
| $682K | ﹤0.01% |
129,976
+115,472
| +796% | +$972K |
|
2661
Marten Transport
MRTN
$1.18B
| $681K | ﹤0.01% |
49,808
-41,344
| -45% | -$570K |
|
2662
CALL
Icon
ICLR
$13.1B
| $680K | ﹤0.01% |
+5,000
| New | +$800K |
|
|
2663
PUT
Icon
ICLR
$13.1B
| $680K | ﹤0.01% |
5,000
-15,000
| -75% | -$2.4M |
|
2664
RPC Inc
RES
$1.42B
| $680K | ﹤0.01% |
330,128
-632,696
| -66% | -$2.34M |
|
2665
McGrath RentCorp
MGRC
$2.78B
| $679K | ﹤0.01% |
12,961
+87
| +0.7% | +$6.11K |
|
2666
ING
ING
$100B
| $678K | ﹤0.01% |
131,561
+93,406
| +245% | +$900K |
|
2667
Live Nation Entertainment
LYV
$42.1B
| $678K | ﹤0.01% |
14,924
-278,702
| -95% | -$17.2M |
|
2668
PUT
Motorola Solutions
MSI
$80.5B
| $678K | ﹤0.01% |
+5,100
| New | +$855K |
|
2669
CALL
AutoZone
AZO
$47.9B
| $677K | ﹤0.01% |
800
-16,000
| -95% | -$16.6M |
|
2670
PUT
Dollar Tree
DLTR
$23.8B
| $676K | ﹤0.01% |
9,200
-38,400
| -81% | -$3.27M |
|
2671
Navigator Holdings
NVGS
$1.35B
| $676K | ﹤0.01% |
151,503
-79,134
| -34% | -$793K |
|
2672
MGIC Investment
MTG
$6.38B
| $675K | ﹤0.01% |
106,251
-3,675,105
| -97% | -$44.4M |
|
|
BRKL
2673
DELISTED
Brookline Bancorp
BRKL
| $673K | ﹤0.01% |
59,649
-183,339
| -75% | -$2.62M |
|
2674
Mistras Group
MG
$613M
| $673K | ﹤0.01% |
157,902
+31,403
| +25% | +$287K |
|
2675
DaVita
DVA
$11.4B
| $668K | ﹤0.01% |
8,779
-327,493
| -97% | -$25.7M |
|
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.