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
|
+$2.72B |
| 2 |
Apple
AAPL
|
+$1.98B |
| 3 |
Microsoft
MSFT
|
+$1.42B |
| 4 |
Alibaba
BABA
|
+$1.03B |
| 5 |
Amazon
AMZN
|
+$924M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MNTA
Momenta Pharmaceuticals, Inc.
MNTA
|
+$261M |
| 2 |
AMTD
TD Ameritrade Holding Corp
AMTD
|
+$241M |
| 3 |
IMMU
Immunomedics Inc
IMMU
|
+$234M |
| 4 |
Keurig Dr Pepper
KDP
|
+$173M |
| 5 |
FedEx
FDX
|
+$150M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 50.21% |
| 2 | Technology | 11.19% |
| 3 | Healthcare | 7.18% |
| 4 | Consumer Discretionary | 7.09% |
| 5 | Financials | 5.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AHT
2776
Ashford Hospitality Trust
AHT
$21M
| $3.3M | ﹤0.01% |
12,757
+12,190
| +2,150% | +$3.1M |
|
2777
Exelixis
EXEL
$13.5B
| $3.3M | ﹤0.01% |
164,626
+105,591
| +179% | +$2.21M |
|
2778
Brady Corp
BRC
$4.39B
| $3.3M | ﹤0.01% |
62,508
-139,981
| -69% | -$6.19M |
|
|
ELMSW
2779
CALL
DELISTED
Electric Last Mile Solutions, Inc. Warrant
ELMSW
| $3.29M | ﹤0.01% |
243,333
-163,332
| -40% | -$329K |
|
2780
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.3B
| $3.29M | ﹤0.01% |
48,196
-3,381
| -7% | -$213K |
|
|
VMW
2781
CALL
DELISTED
VMware, Inc
VMW
| $3.28M | ﹤0.01% |
23,400
+20,800
| +800% | +$2.98M |
|
|
SFTW.U
2782
DELISTED
Osprey Technology Acquisition Corp. Units, each consisting of one share of Class A Common Stock and
SFTW.U
| $3.28M | ﹤0.01% |
300,000
| – | – |
|
2783
Microvision
MVIS
$56.3M
| $3.28M | ﹤0.01% |
40,616
+34,490
| +563% | +$1.52M |
|
2784
CALL
Philip Morris
PM
$299B
| $3.28M | ﹤0.01% |
39,600
-87,800
| -69% | -$6.84M |
|
|
ABCM
2785
DELISTED
Abcam PLC
ABCM
| $3.27M | ﹤0.01% |
+151,994
| New | +$2.95M |
|
2786
Mohawk Industries
MHK
$8.8B
| $3.26M | ﹤0.01% |
23,157
+9,924
| +75% | +$1.2M |
|
|
LEAP.U
2787
DELISTED
Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant
LEAP.U
| $3.26M | ﹤0.01% |
217,824
-409,000
| -65% | -$5.17M |
|
|
RPTX
2788
DELISTED
Repare Therapeutics
RPTX
| $3.26M | ﹤0.01% |
95,018
-94,627
| -50% | -$2.83M |
|
2789
Immunic
IMUX
$210M
| $3.26M | ﹤0.01% |
21,292
-11,969
| -36% | -$2.15M |
|
2790
Vera Bradley
VRA
$94.1M
| $3.25M | ﹤0.01% |
408,149
+78,665
| +24% | +$595K |
|
|
VRS
2791
DELISTED
Verso Corporation
VRS
| $3.24M | ﹤0.01% |
269,770
+228,674
| +556% | +$2.26M |
|
2792
CALL
Broadridge
BR
$20.9B
| $3.23M | ﹤0.01% |
21,100
| – | – |
|
|
PLYM
2793
DELISTED
Plymouth Industrial REIT
PLYM
| $3.23M | ﹤0.01% |
215,079
-293,207
| -58% | -$3.92M |
|
2794
Sasol
SSL
$7.58B
| $3.22M | ﹤0.01% |
+363,794
| New | +$2.73M |
|
2795
Aramark
ARMK
$15.3B
| $3.22M | ﹤0.01% |
115,981
-339,849
| -75% | -$8.14M |
|
2796
Sonoco
SON
$5.58B
| $3.22M | ﹤0.01% |
54,277
-104,853
| -66% | -$5.89M |
|
2797
iShares Gold Trust
IAU
$66.1B
| $3.21M | ﹤0.01% |
88,650
+81,750
| +1,185% | +$2.93M |
|
|
MCHB
2798
Mechanics Bancorp
MCHB
$3.52B
| $3.21M | ﹤0.01% |
95,093
+40,330
| +74% | +$1.3M |
|
|
CIT
2799
DELISTED
CIT Group Inc.
CIT
| $3.21M | ﹤0.01% |
89,381
-418,319
| -82% | -$13.2M |
|
2800
PUT
CarMax
KMX
$8.81B
| $3.19M | ﹤0.01% |
33,800
| – | – |
|
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Israel Englander's Q4 2020 Portfolio in Review
As of Q4 2020, Israel Englander held 5,904 positions worth $138B, up 71% from $81.2B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $25B of net new capital in Q4 2020, opening 1,518 new positions and adding to 1,899 existing holdings. Its largest new stake was Sotera Health: 2,269,458 shares worth $62.3M.
By sector, the portfolio is most concentrated in Miscellaneous at 50% of assets, down from 52% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Keurig Dr Pepper, an estimated $173M trimmed.
- Israel Englander's largest Q4 2020 buy was Sotera Health: 2,269,458 shares worth $62.3M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2020, an estimated $2.72B increase.
- Israel Englander's biggest Q4 2020 reduction was Keurig Dr Pepper, cutting an estimated $173M.
- Israel Englander fully exited Momenta Pharmaceuticals, Inc. in Q4 2020, selling an estimated $261M.
- Israel Englander's ten largest holdings make up 20% of its $138B portfolio in Q4 2020.
- Israel Englander opened 1,518 new positions and closed 754 in Q4 2020.
- Israel Englander's portfolio value rose 71% quarter-over-quarter to $138B.
Based on Millennium Management's 13F filing for Q4 2020, filed 16 Feb 2021.