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 | |
|---|---|---|---|---|---|---|
|
PSB
2676
DELISTED
PS Business Parks, Inc.
PSB
| $1.72M | ﹤0.01% |
10,432
+5,464
| +110% | +$961K |
|
2677
PUT
VeriSign
VRSN
$26.6B
| $1.72M | ﹤0.01% |
8,900
+5,400
| +154% | +$1.01M |
|
|
LITS
2678
Lite Strategy Inc
LITS
$34M
| $1.71M | ﹤0.01% |
34,467
-38,422
| -53% | -$1.43M |
|
|
PETQ
2679
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $1.71M | ﹤0.01% |
68,161
-33,219
| -33% | -$825K |
|
|
TGI
2680
DELISTED
Triumph Group
TGI
| $1.71M | ﹤0.01% |
67,458
-28,196
| -29% | -$700K |
|
2681
Elanco Animal Health
ELAN
$12.2B
| $1.7M | ﹤0.01% |
57,848
-616,145
| -91% | -$16.7M |
|
2682
Invesco Mortgage Capital
IVR
$799M
| $1.7M | ﹤0.01% |
10,186
-39,476
| -79% | -$6.33M |
|
2683
Lantheus
LNTH
$6.56B
| $1.69M | ﹤0.01% |
+82,555
| New | +$1.67M |
|
|
BBBY
2684
DELISTED
Bed Bath & Beyond Inc
BBBY
| $1.69M | ﹤0.01% |
97,515
-12,196
| -11% | -$171K |
|
|
TEI
2685
Templeton Emerging Markets Income Fund
TEI
$322M
| $1.69M | ﹤0.01% |
183,364
-9,120
| -5% | -$82.2K |
|
|
HOME
2686
CALL
DELISTED
At Home Group Inc.
HOME
| $1.69M | ﹤0.01% |
306,300
-96,200
| -24% | -$783K |
|
2687
Ford
F
$55.6B
| $1.68M | ﹤0.01% |
180,702
-2,094,428
| -92% | -$18.8M |
|
2688
Hanmi Financial
HAFC
$924M
| $1.68M | ﹤0.01% |
+84,067
| New | +$1.62M |
|
|
PCSB
2689
DELISTED
PCSB Financial Corporation
PCSB
| $1.68M | ﹤0.01% |
+82,983
| New | +$1.68M |
|
|
LHCG
2690
DELISTED
LHC Group LLC
LHCG
| $1.68M | ﹤0.01% |
12,177
-29,634
| -71% | -$3.69M |
|
|
BELFB
2691
Bel Fuse Inc Class B
BELFB
$3.72B
| $1.67M | ﹤0.01% |
81,452
+5,586
| +7% | +$91.8K |
|
|
DOO
2692
Bombardier Recreational Products
DOO
$4.56B
| $1.67M | ﹤0.01% |
36,622
-70,013
| -66% | -$3.13M |
|
2693
Exponent
EXPO
$3.38B
| $1.66M | ﹤0.01% |
24,096
-29,239
| -55% | -$1.93M |
|
2694
PUT
Under Armour
UAA
$2.18B
| $1.66M | ﹤0.01% |
+76,600
| New | +$1.49M |
|
2695
Orion Group Holdings
ORN
$394M
| $1.65M | ﹤0.01% |
317,832
-381,293
| -55% | -$1.89M |
|
2696
Nomura Holdings
NMR
$29.6B
| $1.65M | ﹤0.01% |
319,594
-655,899
| -67% | -$3.17M |
|
|
OPI
2697
DELISTED
Office Properties Income Trust
OPI
| $1.65M | ﹤0.01% |
51,275
+43,992
| +604% | +$1.41M |
|
2698
Repligen
RGEN
$10.3B
| $1.65M | ﹤0.01% |
17,791
-7,894
| -31% | -$663K |
|
2699
iShares MSCI Malaysia ETF
EWM
$322M
| $1.64M | ﹤0.01% |
57,677
+3,788
| +7% | +$106K |
|
2700
Midland States Bancorp
MSBI
$681M
| $1.64M | ﹤0.01% |
56,758
+36,532
| +181% | +$1.01M |
|
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.