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 |
Lowe's Companies
LOW
|
+$217M |
| 2 |
JPMorgan Chase
JPM
|
+$213M |
| 3 |
Intel
INTC
|
+$200M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$184M |
| 5 |
TECD
Tech Data Corp
TECD
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$685M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$127M |
| 3 |
Meta Platforms (Facebook)
META
|
+$122M |
| 4 |
Merck
MRK
|
+$110M |
| 5 |
NVIDIA
NVDA
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 9.01% |
| 2 | Technology | 7.75% |
| 3 | Financials | 7.01% |
| 4 | Consumer Discretionary | 6.9% |
| 5 | Industrials | 6.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
IPHI
251
DELISTED
INPHI CORPORATION
IPHI
| $54.3M | 0.07% |
462,383
+315,321
| +214% | +$33.2M |
|
252
Avantor
AVTR
$9.78B
| $54.2M | 0.07% |
3,186,333
-45,423
| -1% | -$739K |
|
253
CALL
Johnson & Johnson
JNJ
$651B
| $54M | 0.07% |
384,000
-45,600
| -11% | -$6.65M |
|
254
Bunge Global
BG
$21.7B
| $53.8M | 0.07% |
1,308,229
+707,999
| +118% | +$27.5M |
|
255
Tyler Technologies
TYL
$14.4B
| $53.8M | 0.07% |
155,053
+148,714
| +2,346% | +$49.9M |
|
256
Cisco
CSCO
$438B
| $53.7M | 0.07% |
1,152,384
+728,632
| +172% | +$32M |
|
257
W.R. Berkley
WRB
$25.5B
| $53.7M | 0.07% |
2,109,983
+1,514,471
| +254% | +$37.1M |
|
258
Cannae Holdings
CNNE
$672M
| $53.5M | 0.07% |
1,301,893
+681,565
| +110% | +$23.3M |
|
259
Teledyne Technologies
TDY
$29.5B
| $53.5M | 0.07% |
172,029
+170,755
| +13,403% | +$56.1M |
|
|
EA
260
DELISTED
Electronic Arts
EA
| $53.5M | 0.07% |
404,954
-246,942
| -38% | -$29.2M |
|
261
Allison Transmission
ALSN
$11B
| $53.5M | 0.07% |
1,453,416
+1,238,223
| +575% | +$44.4M |
|
262
Paychex
PAYX
$44.3B
| $53M | 0.07% |
699,843
+26,925
| +4% | +$1.87M |
|
263
Boston Properties
BXP
$10.8B
| $52.7M | 0.07% |
583,439
+452,605
| +346% | +$41.1M |
|
264
Adobe
ADBE
$109B
| $52.7M | 0.07% |
120,989
+16,480
| +16% | +$6.11M |
|
265
Costco
COST
$420B
| $52.6M | 0.07% |
173,590
-130,596
| -43% | -$39.7M |
|
266
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $52.6M | 0.07% |
525,500
-944,300
| -64% | -$93.2M |
|
267
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $51.9M | 0.07% |
1,839,800
-70,000
| -4% | -$2.02M |
|
268
Abbott
ABT
$202B
| $51.8M | 0.07% |
566,920
+426,168
| +303% | +$38.5M |
|
|
ECOLW
269
CALL
DELISTED
US Ecology, Inc. Warrant
ECOLW
| $51.6M | 0.07% |
1,522,400
+107,500
| +8% | +$531K |
|
270
Ashland
ASH
$3.33B
| $51.5M | 0.07% |
744,869
+672,445
| +928% | +$41.7M |
|
271
Fidelity National Financial
FNF
$12.7B
| $51.5M | 0.07% |
1,745,424
+1,389,411
| +390% | +$38.2M |
|
272
PUT
AutoZone
AZO
$48.3B
| $51.2M | 0.07% |
45,400
+9,100
| +25% | +$9.59M |
|
273
Colgate-Palmolive
CL
$72.6B
| $51M | 0.07% |
696,260
+673,605
| +2,973% | +$47.8M |
|
274
Restaurant Brands International
QSR
$28.2B
| $50.7M | 0.07% |
927,967
+584,070
| +170% | +$29.5M |
|
|
275
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $50.3M | 0.07% |
502,867
+190,730
| +61% | +$18.8M |
|
Similar funds
Israel Englander's Q2 2020 Portfolio in Review
As of Q2 2020, Israel Englander held 4,914 positions worth $73B, up 64% from $44.5B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $17.6B of net new capital in Q2 2020, opening 1,140 new positions and adding to 1,565 existing holdings. Its largest new stake was Global Payments: 1,008,446 shares worth $171M.
By sector, the portfolio is most concentrated in Healthcare at 9% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $127M trimmed.
- Israel Englander's largest Q2 2020 buy was Global Payments: 1,008,446 shares worth $171M.
- Israel Englander added most to Lowe's Companies in Q2 2020, an estimated $217M increase.
- Israel Englander's biggest Q2 2020 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $127M.
- Israel Englander fully exited Allergan plc in Q2 2020, selling an estimated $685M.
- Israel Englander's ten largest holdings make up 20% of its $73B portfolio in Q2 2020.
- Israel Englander opened 1,140 new positions and closed 798 in Q2 2020.
- Israel Englander's portfolio value rose 64% quarter-over-quarter to $73B.
Based on Millennium Management's 13F filing for Q2 2020, filed 14 Aug 2020.