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 |
Linde
LIN
|
+$770M |
| 2 |
PRAH
PRA Health Sciences, Inc.
PRAH
|
+$580M |
| 3 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$391M |
| 4 |
PFPT
Proofpoint, Inc.
PFPT
|
+$322M |
| 5 |
UnitedHealth
UNH
|
+$283M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.21B |
| 2 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$351M |
| 3 |
RP
RealPage, Inc.
RP
|
+$316M |
| 4 |
Shopify
SHOP
|
+$312M |
| 5 |
Boeing
BA
|
+$310M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.24% |
| 2 | Healthcare | 7.69% |
| 3 | Financials | 5.89% |
| 4 | Consumer Discretionary | 5.65% |
| 5 | Industrials | 4.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
PUT
Teladoc Health
TDOC
$1.14B
| $114M | 0.07% |
687,200
+426,800
| +164% | +$69.2M |
|
252
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.77B
| $114M | 0.07% |
+1,193,900
| New | +$104M |
|
253
Cognizant
CTSH
$27.8B
| $113M | 0.07% |
1,638,653
+588,545
| +56% | +$43.8M |
|
254
PUT
iShares China Large-Cap ETF
FXI
$4.24B
| $113M | 0.07% |
2,443,700
+858,100
| +54% | +$39.6M |
|
|
BBL
255
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $113M | 0.07% |
1,895,913
+718,755
| +61% | +$43.9M |
|
|
JOBS
256
DELISTED
51job Inc
JOBS
| $113M | 0.07% |
1,454,002
+1,300,208
| +845% | +$90.7M |
|
257
AbbVie
ABBV
$469B
| $113M | 0.07% |
1,002,525
+973,668
| +3,374% | +$110M |
|
258
CALL
Cisco
CSCO
$437B
| $111M | 0.07% |
2,101,000
-1,132,000
| -35% | -$59.5M |
|
259
SolarEdge
SEDG
$1.83B
| $111M | 0.07% |
399,919
+305,429
| +323% | +$76.9M |
|
260
PUT
Etsy
ETSY
$7.8B
| $110M | 0.07% |
534,700
+221,800
| +71% | +$41M |
|
261
Caterpillar
CAT
$372B
| $110M | 0.07% |
503,998
+355,777
| +240% | +$82.2M |
|
|
DOCU
262
DocuSign
DOCU
$11.8B
| $110M | 0.07% |
392,285
-269,591
| -41% | -$60.3M |
|
263
Invesco QQQ Trust
QQQ
$484B
| $109M | 0.07% |
308,064
-71,217
| -19% | -$23.9M |
|
264
NetEase
NTES
$78.9B
| $109M | 0.07% |
947,100
+658,242
| +228% | +$72.5M |
|
265
PUT
American Airlines Group
AAL
$9.02B
| $109M | 0.07% |
5,140,400
+2,036,200
| +66% | +$46.1M |
|
266
NIO
NIO
$11B
| $109M | 0.07% |
2,042,110
+790,898
| +63% | +$31.7M |
|
267
PUT
Carnival Corporation Ltd
CCL
$35.2B
| $109M | 0.07% |
4,118,300
+2,337,300
| +131% | +$65.4M |
|
268
Nokia
NOK
$55.5B
| $108M | 0.07% |
20,339,296
+4,959,700
| +32% | +$23.9M |
|
269
Apollo Global Management
APO
$78.1B
| $107M | 0.07% |
1,722,194
+1,378,433
| +401% | +$76.4M |
|
270
CALL
SPDR Gold Trust
GLD
$155B
| $107M | 0.07% |
646,200
-303,200
| -32% | -$51.5M |
|
271
Biogen
BIIB
$31.7B
| $106M | 0.07% |
307,029
+152,271
| +98% | +$46.1M |
|
|
CTLT
272
DELISTED
CATALENT, INC.
CTLT
| $106M | 0.07% |
979,610
-50,755
| -5% | -$5.44M |
|
273
Booking.com
BKNG
$160B
| $105M | 0.06% |
1,205,000
+66,050
| +6% | +$6.17M |
|
274
Edwards Lifesciences
EW
$52.1B
| $105M | 0.06% |
1,014,141
+539,796
| +114% | +$50.9M |
|
275
IQVIA
IQV
$42.6B
| $105M | 0.06% |
431,641
-279,912
| -39% | -$64.6M |
|
Similar funds
Israel Englander's Q2 2021 Portfolio in Review
As of Q2 2021, Israel Englander held 7,530 positions worth $163B, up 17% from $140B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $13.3B of net new capital in Q2 2021, opening 1,692 new positions and adding to 2,343 existing holdings. Its largest new stake was SiteOne Landscape Supply: 609,104 shares worth $103M.
By sector, the portfolio is most concentrated in Technology at 8.2% of assets, down from 9.6% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Apple, an estimated $1.21B trimmed.
- Israel Englander's largest Q2 2021 buy was SiteOne Landscape Supply: 609,104 shares worth $103M.
- Israel Englander added most to Linde in Q2 2021, an estimated $770M increase.
- Israel Englander's biggest Q2 2021 reduction was Apple, cutting an estimated $1.21B.
- Israel Englander fully exited Varian Medical Systems, Inc. in Q2 2021, selling an estimated $351M.
- Israel Englander's ten largest holdings make up 20% of its $163B portfolio in Q2 2021.
- Israel Englander opened 1,692 new positions and closed 1,075 in Q2 2021.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $163B.
Based on Millennium Management's 13F filing for Q2 2021, filed 16 Aug 2021.