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 | |
|---|---|---|---|---|---|---|
2751
Bio-Techne
TECH
$11.4B
| $1.5M | ﹤0.01% |
27,312
-289,028
| -91% | -$15.2M |
|
2752
Middlesex Water
MSEX
$1.09B
| $1.5M | ﹤0.01% |
23,556
+18,539
| +370% | +$1.17M |
|
2753
Saratoga Investment
SAR
$295M
| $1.5M | ﹤0.01% |
59,997
-48,469
| -45% | -$1.22M |
|
2754
Skywest
SKYW
$3.84B
| $1.48M | ﹤0.01% |
22,942
-42,820
| -65% | -$2.61M |
|
2755
Trimble
TRMB
$14.3B
| $1.48M | ﹤0.01% |
35,519
-1,235,099
| -97% | -$49.1M |
|
|
DISH
2756
DELISTED
DISH Network Corp.
DISH
| $1.48M | ﹤0.01% |
41,743
-15,865
| -28% | -$549K |
|
|
HHR
2757
DELISTED
HeadHunter Group PLC American Depositary Shares
HHR
| $1.48M | ﹤0.01% |
68,976
-164,976
| -71% | -$3.17M |
|
2758
NETSCOUT
NTCT
$2.87B
| $1.48M | ﹤0.01% |
61,425
-113,619
| -65% | -$2.69M |
|
2759
ProShares Short S&P500
SH
$824M
| $1.48M | ﹤0.01% |
15,366
+12,420
| +422% | +$1.25M |
|
2760
Insight Enterprises
NSIT
$4.59B
| $1.47M | ﹤0.01% |
+20,922
| New | +$1.32M |
|
|
RPT
2761
Rithm Property Trust
RPT
$102M
| $1.47M | ﹤0.01% |
17,109
+13,158
| +333% | +$1.17M |
|
2762
State Street SPDR S&P Dividend ETF
SDY
$22B
| $1.47M | ﹤0.01% |
13,630
-8,312
| -38% | -$873K |
|
|
BRT
2763
BRT Apartments
BRT
$270M
| $1.46M | ﹤0.01% |
86,285
+34,640
| +67% | +$583K |
|
|
GEN
2764
DELISTED
Genesis Healthcare, Inc.
GEN
| $1.46M | ﹤0.01% |
892,758
-19,189
| -2% | -$28.8K |
|
2765
iShares Mortgage Real Estate ETF
REM
$539M
| $1.46M | ﹤0.01% |
+32,862
| New | +$1.42M |
|
2766
McCormick & Company Non-Voting
MKC
$14.7B
| $1.46M | ﹤0.01% |
17,210
+5,132
| +42% | +$425K |
|
2767
CALL
Simon Property Group
SPG
$69.5B
| $1.46M | ﹤0.01% |
+9,800
| New | +$1.47M |
|
|
ECHO
2768
EchoStar
ECHO
$25.1B
| $1.45M | ﹤0.01% |
33,519
-240,315
| -88% | -$9.64M |
|
|
MRO
2769
PUT
DELISTED
Marathon Oil Corporation
MRO
| $1.45M | ﹤0.01% |
106,900
-174,600
| -62% | -$2.13M |
|
|
NSLR
2770
Neostellar Capital Corp
NSLR
$272M
| $1.45M | ﹤0.01% |
263,835
+33,025
| +14% | +$182K |
|
|
BGB
2771
Blackstone Strategic Credit 2027 Term Fund
BGB
$499M
| $1.44M | ﹤0.01% |
+100,413
| New | +$1.42M |
|
|
SCWX
2772
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $1.44M | ﹤0.01% |
86,585
-27,484
| -24% | -$355K |
|
2773
Gates Industrial Corp
GTES
$6.68B
| $1.44M | ﹤0.01% |
104,616
-81,881
| -44% | -$932K |
|
2774
Baytex Energy
BTE
$3.37B
| $1.44M | ﹤0.01% |
992,292
+668,440
| +206% | +$826K |
|
|
CWEN.A
2775
DELISTED
Clearway Energy Class A
CWEN.A
| $1.44M | ﹤0.01% |
75,041
+37,280
| +99% | +$687K |
|
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.