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 | Healthcare | 10.45% |
| 2 | Technology | 8.65% |
| 3 | Financials | 8.6% |
| 4 | Consumer Discretionary | 7.75% |
| 5 | Industrials | 7.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CXO
276
DELISTED
CONCHO RESOURCES INC.
CXO
| $61.4M | 0.08% |
700,930
+133,830
| +24% | +$9.66M |
|
|
MLNX
277
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $61.3M | 0.08% |
523,376
-219,810
| -30% | -$25M |
|
278
KBR
KBR
$4.75B
| $61.3M | 0.08% |
2,010,504
-854,250
| -30% | -$24M |
|
279
Uber
UBER
$162B
| $61.1M | 0.08% |
2,054,816
+2,029,866
| +8,136% | +$60.2M |
|
280
Ryman Hospitality Properties
RHP
$9.05B
| $61M | 0.08% |
703,890
+52,404
| +8% | +$4.51M |
|
281
CenterPoint Energy
CNP
$25.8B
| $60.9M | 0.08% |
2,234,485
+264,307
| +13% | +$7.19M |
|
282
Masco
MAS
$14.4B
| $60.9M | 0.08% |
1,268,670
+1,088,443
| +604% | +$49.5M |
|
283
Cintas
CTAS
$83B
| $60.5M | 0.08% |
899,028
+77,732
| +9% | +$5.11M |
|
284
Ametek
AME
$55.6B
| $60.4M | 0.08% |
605,986
+231,668
| +62% | +$22M |
|
|
ZEN
285
DELISTED
ZENDESK INC
ZEN
| $60.2M | 0.08% |
785,947
+640,803
| +441% | +$46.9M |
|
286
Snap
SNAP
$9.35B
| $60.2M | 0.08% |
3,683,584
-465,314
| -11% | -$6.85M |
|
287
Thomson Reuters
TRI
$47.1B
| $60M | 0.08% |
795,728
+50,599
| +7% | +$3.69M |
|
|
SEE
288
DELISTED
Sealed Air
SEE
| $60M | 0.08% |
1,506,036
+349,314
| +30% | +$13.8M |
|
289
iShares MSCI Brazil ETF
EWZ
$8.07B
| $59.9M | 0.07% |
1,261,789
+365,903
| +41% | +$16M |
|
290
PUT
McDonald's
MCD
$193B
| $59.8M | 0.07% |
302,700
+146,500
| +94% | +$29.1M |
|
291
Burlington
BURL
$20.8B
| $59.4M | 0.07% |
260,638
-168,044
| -39% | -$35.1M |
|
292
Eastman Chemical
EMN
$8.31B
| $59.4M | 0.07% |
749,090
+320,714
| +75% | +$24.7M |
|
|
SCHW
293
Charles Schwab
SCHW
$197B
| $59.3M | 0.07% |
1,247,852
+20,350
| +2% | +$897K |
|
294
CALL
Abbott
ABT
$202B
| $59.3M | 0.07% |
682,300
+535,600
| +365% | +$44.9M |
|
295
Tapestry
TPR
$26.4B
| $59.2M | 0.07% |
2,195,155
+2,122,356
| +2,915% | +$55.3M |
|
296
Dollar Tree
DLTR
$26.3B
| $59.2M | 0.07% |
629,172
-346,192
| -35% | -$36.3M |
|
297
RH
RH
$2.71B
| $59.1M | 0.07% |
276,730
+136,405
| +97% | +$26.6M |
|
298
Autodesk
ADSK
$53.7B
| $59.1M | 0.07% |
321,917
+143,752
| +81% | +$23.3M |
|
|
EA
299
PUT
DELISTED
Electronic Arts
EA
| $59.1M | 0.07% |
549,300
+1,100
| +0.2% | +$109K |
|
300
PUT
AbbVie
ABBV
$467B
| $59M | 0.07% |
666,100
+498,300
| +297% | +$41.4M |
|
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 $9.74B 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 Healthcare at 10% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
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.