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 | |
|---|---|---|---|---|---|---|
2676
Matrix Service
MTRX
$307M
| $668K | ﹤0.01% |
+70,561
| New | +$1.09M |
|
|
MNTV
2677
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $668K | ﹤0.01% |
49,412
+27,463
| +125% | +$472K |
|
2678
CALL
Travelers Companies
TRV
$77B
| $666K | ﹤0.01% |
+6,700
| New | +$833K |
|
2679
Western Alliance Bancorporation
WAL
$8.59B
| $665K | ﹤0.01% |
21,719
-420,089
| -95% | -$20.1M |
|
2680
Gates Industrial Corp
GTES
$6.68B
| $663K | ﹤0.01% |
89,832
-14,784
| -14% | -$164K |
|
2681
CALL
Martin Marietta Materials
MLM
$37.5B
| $662K | ﹤0.01% |
3,500
-10,900
| -76% | -$2.61M |
|
|
RFP
2682
DELISTED
Resolute Forest Products Inc.
RFP
| $661K | ﹤0.01% |
524,453
-109,702
| -17% | -$328K |
|
|
GWB
2683
DELISTED
Great Western Bancorp, Inc.
GWB
| $659K | ﹤0.01% |
32,178
-113,057
| -78% | -$3.19M |
|
2684
The RealReal
REAL
$1.33B
| $658K | ﹤0.01% |
93,880
-162,201
| -63% | -$2.21M |
|
|
CMBT
2685
CMB.TECH NV
CMBT
$5.3B
| $656K | ﹤0.01% |
58,137
-712,409
| -92% | -$7.34M |
|
|
GEN
2686
DELISTED
Genesis Healthcare, Inc.
GEN
| $656K | ﹤0.01% |
777,972
-114,786
| -13% | -$164K |
|
|
ACGN
2687
DELISTED
Aceragen Inc
ACGN
| $655K | ﹤0.01% |
29,210
-1,942
| -6% | -$52.7K |
|
|
FLY
2688
DELISTED
Fly Leasing Limited
FLY
| $655K | ﹤0.01% |
92,985
-383,114
| -80% | -$5.88M |
|
|
EGLE
2689
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $651K | ﹤0.01% |
50,296
+30,781
| +158% | +$685K |
|
2690
Zimmer Biomet
ZBH
$19B
| $648K | ﹤0.01% |
6,600
-652,673
| -99% | -$85.6M |
|
2691
CALL
Sarepta Therapeutics
SRPT
$2.28B
| $646K | ﹤0.01% |
+6,600
| New | +$754K |
|
2692
MidCap Financial Investment
MFIC
$799M
| $645K | ﹤0.01% |
+95,522
| New | +$1.42M |
|
2693
CALL
Yum China
YUMC
$15.3B
| $644K | ﹤0.01% |
+15,100
| New | +$673K |
|
2694
RCI Hospitality Holdings
RICK
$226M
| $643K | ﹤0.01% |
64,495
-3,107
| -5% | -$55.3K |
|
2695
TriplePoint Venture Growth BDC
TPVG
$217M
| $642K | ﹤0.01% |
+111,831
| New | +$1.32M |
|
|
ACH
2696
Accendra Health
ACH
$93.1M
| $640K | ﹤0.01% |
+69,925
| New | +$422K |
|
|
SPN
2697
DELISTED
Superior Energy Services, Inc.
SPN
| $638K | ﹤0.01% |
433,692
-71,725
| -14% | -$282K |
|
2698
U-Haul Holding Co
UHAL
$13.3B
| $637K | ﹤0.01% |
21,930
+15,850
| +261% | +$535K |
|
|
SIVB
2699
CALL
DELISTED
SVB Financial Group
SIVB
| $635K | ﹤0.01% |
+4,200
| New | +$924K |
|
2700
Enovis
ENOV
$1.43B
| $634K | ﹤0.01% |
18,613
-1,075,073
| -98% | -$59.1M |
|
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.