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 | |
|---|---|---|---|---|---|---|
2701
The Bancorp
TBBK
$2.71B
| $1.64M | ﹤0.01% |
126,538
+78,597
| +164% | +$881K |
|
|
PEGI
2702
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $1.64M | ﹤0.01% |
+61,234
| New | +$1.66M |
|
2703
MeiraGTx Holdings
MGTX
$1.36B
| $1.64M | ﹤0.01% |
81,747
-123,219
| -60% | -$2.11M |
|
2704
Mercury Systems
MRCY
$5.44B
| $1.63M | ﹤0.01% |
23,620
+17,233
| +270% | +$1.24M |
|
2705
Adtran
ADTN
$635M
| $1.63M | ﹤0.01% |
164,915
-140,875
| -46% | -$1.34M |
|
2706
TripAdvisor
TRIP
$1.15B
| $1.63M | ﹤0.01% |
+53,475
| New | +$1.8M |
|
|
SCHW
2707
CALL
Charles Schwab
SCHW
$187B
| $1.62M | ﹤0.01% |
34,100
+1,000
| +3% | +$44.1K |
|
2708
Civista Bancshares
CIVB
$570M
| $1.62M | ﹤0.01% |
67,483
+35,701
| +112% | +$792K |
|
|
XOG
2709
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $1.62M | ﹤0.01% |
763,229
+376,469
| +97% | +$770K |
|
2710
Grupo Aeroportuario Centro Norte
OMAB
$4.96B
| $1.62M | ﹤0.01% |
26,961
+20,138
| +295% | +$1.1M |
|
2711
Arista Networks
ANET
$254B
| $1.61M | ﹤0.01% |
126,944
+88,704
| +232% | +$1.17M |
|
2712
PUT
Analog Devices
ADI
$181B
| $1.6M | ﹤0.01% |
13,500
| – | – |
|
|
RYZ
2713
Ryerson Holding Corp
RYZ
$1.33B
| $1.6M | ﹤0.01% |
+135,448
| New | +$1.34M |
|
2714
Warrior Met Coal
HCC
$5.72B
| $1.6M | ﹤0.01% |
+75,513
| New | +$1.54M |
|
|
VIVO
2715
DELISTED
Meridian Bioscience Inc
VIVO
| $1.59M | ﹤0.01% |
163,011
+133,897
| +460% | +$1.26M |
|
2716
Adecoagro
AGRO
$1.54B
| $1.59M | ﹤0.01% |
189,923
-113,436
| -37% | -$760K |
|
2717
Blackstone Mortgage Trust
BXMT
$2.33B
| $1.59M | ﹤0.01% |
42,704
+16,704
| +64% | +$608K |
|
2718
KLA
KLAC
$240B
| $1.59M | ﹤0.01% |
89,200
-779,070
| -90% | -$13.1M |
|
2719
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.82B
| $1.59M | ﹤0.01% |
+46,687
| New | +$1.56M |
|
2720
Beyond Meat
BYND
$241M
| $1.58M | ﹤0.01% |
697
+341
| +96% | +$949K |
|
2721
PUT
Toll Brothers
TOL
$13.4B
| $1.58M | ﹤0.01% |
+40,000
| New | +$1.6M |
|
2722
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.7B
| $1.58M | ﹤0.01% |
4,206
-39,131
| -90% | -$14.1M |
|
2723
Accel Entertainment
ACEL
$950M
| $1.58M | ﹤0.01% |
+126,096
| New | +$1.37M |
|
|
FFWM
2724
DELISTED
First Foundation Inc
FFWM
| $1.57M | ﹤0.01% |
90,194
-218,631
| -71% | -$3.52M |
|
|
RMAX
2725
DELISTED
RE/MAX Holdings
RMAX
| $1.57M | ﹤0.01% |
40,769
-351,191
| -90% | -$12.6M |
|
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.