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 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$190M |
| 2 |
MNTA
Momenta Pharmaceuticals, Inc.
MNTA
|
+$178M |
| 3 |
Meta Platforms (Facebook)
META
|
+$172M |
| 4 |
AMTD
TD Ameritrade Holding Corp
AMTD
|
+$169M |
| 5 |
Microsoft
MSFT
|
+$166M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$278M |
| 2 |
Intel
INTC
|
+$223M |
| 3 |
PPLI
People Inc
PPLI
|
+$210M |
| 4 |
Mastercard
MA
|
+$210M |
| 5 |
Honeywell
HON
|
+$188M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 52.25% |
| 2 | Healthcare | 9.18% |
| 3 | Consumer Discretionary | 6.93% |
| 4 | Technology | 6.31% |
| 5 | Industrials | 5.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CERN
2801
CALL
DELISTED
Cerner Corp
CERN
| $1.45M | ﹤0.01% |
20,000
-40,000
| -67% | -$2.85M |
|
2802
CNA Financial
CNA
$13.2B
| $1.45M | ﹤0.01% |
48,192
+40,130
| +498% | +$1.29M |
|
2803
Cenovus Energy
CVE
$58.5B
| $1.45M | ﹤0.01% |
371,339
+162,864
| +78% | +$748K |
|
2804
Exelixis
EXEL
$13.7B
| $1.44M | ﹤0.01% |
59,035
-185,537
| -76% | -$4.33M |
|
2805
Powell Industries
POWL
$7.02B
| $1.44M | ﹤0.01% |
179,355
+84,594
| +89% | +$750K |
|
2806
World Kinect Corp
WKC
$1.83B
| $1.44M | ﹤0.01% |
68,117
+17,214
| +34% | +$421K |
|
2807
ASE Group
ASX
$101B
| $1.44M | ﹤0.01% |
352,755
-1,489,391
| -81% | -$6.64M |
|
2808
Ocular Therapeutix
OCUL
$2.38B
| $1.44M | ﹤0.01% |
189,007
+165,570
| +706% | +$1.37M |
|
|
ARGO
2809
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $1.44M | ﹤0.01% |
41,776
-87,417
| -68% | -$3.05M |
|
|
AIV
2810
Aimco
AIV
$365M
| $1.43M | ﹤0.01% |
319,032
-1,803,307
| -85% | -$8.74M |
|
|
NGM
2811
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $1.43M | ﹤0.01% |
89,803
+78,100
| +667% | +$1.42M |
|
2812
iShares Silver Trust
SLV
$33.8B
| $1.43M | ﹤0.01% |
65,946
-43,652
| -40% | -$992K |
|
2813
Cintas
CTAS
$81.7B
| $1.43M | ﹤0.01% |
17,132
-379,148
| -96% | -$29.2M |
|
2814
Cencora
COR
$61.3B
| $1.42M | ﹤0.01% |
14,642
-908
| -6% | -$90.2K |
|
2815
Adtran
ADTN
$635M
| $1.42M | ﹤0.01% |
138,174
+21,355
| +18% | +$242K |
|
2816
ESCO Technologies
ESE
$7.29B
| $1.42M | ﹤0.01% |
+17,587
| New | +$1.52M |
|
|
RTL
2817
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $1.42M | ﹤0.01% |
225,670
-186,919
| -45% | -$1.32M |
|
2818
DigitalBridge
DBRG
$2.99B
| $1.41M | ﹤0.01% |
+129,320
| New | +$1.25M |
|
2819
Adeia
ADEA
$2.89B
| $1.41M | ﹤0.01% |
464,093
+419,368
| +938% | +$1.55M |
|
2820
CALL
iShares MSCI South Korea ETF
EWY
$28.3B
| $1.41M | ﹤0.01% |
21,600
| – | – |
|
|
MCHB
2821
Mechanics Bancorp
MCHB
$3.56B
| $1.41M | ﹤0.01% |
+54,763
| New | +$1.44M |
|
2822
Q32 Bio
QTTB
$481M
| $1.41M | ﹤0.01% |
7,317
-3,904
| -35% | -$875K |
|
2823
Chefs' Warehouse
CHEF
$4.54B
| $1.41M | ﹤0.01% |
96,770
-97,954
| -50% | -$1.39M |
|
2824
Alpha and Omega Semiconductor
AOSL
$794M
| $1.41M | ﹤0.01% |
109,697
+45,581
| +71% | +$550K |
|
2825
Enterprise Financial Services Corp
EFSC
$2.3B
| $1.4M | ﹤0.01% |
51,463
+43,550
| +550% | +$1.29M |
|
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Israel Englander's Q3 2020 Portfolio in Review
As of Q3 2020, Israel Englander held 5,106 positions worth $81.2B, up 11% from $73B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander's Q3 2020 filing shows 989 new, 1,503 increased, 1,793 reduced and 724 closed positions. Its largest new stake was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120M. The largest sale was JPMorgan Chase, an estimated $278M.
By sector, the portfolio is most concentrated in Miscellaneous at 52% of assets, up from 47% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Israel Englander's largest Q3 2020 buy was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120M.
- Israel Englander added most to Varian Medical Systems, Inc. in Q3 2020, an estimated $190M increase.
- Israel Englander's biggest Q3 2020 reduction was JPMorgan Chase, cutting an estimated $278M.
- Israel Englander fully exited Tech Data Corp in Q3 2020, selling an estimated $186M.
- Israel Englander's ten largest holdings make up 18% of its $81.2B portfolio in Q3 2020.
- Israel Englander opened 989 new positions and closed 724 in Q3 2020.
- Israel Englander's portfolio value rose 11% quarter-over-quarter to $81.2B.
Based on Millennium Management's 13F filing for Q3 2020, filed 16 Nov 2020.