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 |
Lowe's Companies
LOW
|
+$217M |
| 2 |
JPMorgan Chase
JPM
|
+$213M |
| 3 |
Intel
INTC
|
+$200M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$184M |
| 5 |
TECD
Tech Data Corp
TECD
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$685M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$127M |
| 3 |
Meta Platforms (Facebook)
META
|
+$122M |
| 4 |
Merck
MRK
|
+$110M |
| 5 |
NVIDIA
NVDA
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 9.01% |
| 2 | Technology | 7.75% |
| 3 | Financials | 7.01% |
| 4 | Consumer Discretionary | 6.9% |
| 5 | Industrials | 6.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Charles River Laboratories
CRL
$14.1B
| $50.3M | 0.07% |
288,459
+147,687
| +105% | +$23.6M |
|
|
WMGI
277
DELISTED
Wright Medical Group Inc
WMGI
| $50.2M | 0.07% |
1,690,557
-2,927,382
| -63% | -$85.6M |
|
278
American Water Works
AWK
$26.9B
| $50.2M | 0.07% |
390,265
+239,964
| +160% | +$29.9M |
|
279
Essex Property Trust
ESS
$18.6B
| $50.1M | 0.07% |
218,493
+176,635
| +422% | +$42.3M |
|
280
Cardinal Health
CAH
$53.4B
| $49.9M | 0.07% |
956,858
+262,611
| +38% | +$13.5M |
|
|
RETA
281
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $49.6M | 0.07% |
318,177
+95,871
| +43% | +$14.6M |
|
282
Hewlett Packard
HPE
$70.8B
| $49.3M | 0.07% |
5,061,679
+4,234,585
| +512% | +$41.6M |
|
|
LM
283
DELISTED
Legg Mason, Inc.
LM
| $49.2M | 0.07% |
989,764
+955,083
| +2,754% | +$47.4M |
|
284
Atlassian
TEAM
$43.5B
| $49.2M | 0.07% |
273,137
+189,410
| +226% | +$31.5M |
|
285
NIO
NIO
$11.6B
| $49.1M | 0.07% |
6,364,300
+4,514,635
| +244% | +$19.8M |
|
286
Applied Materials
AMAT
$391B
| $49.1M | 0.07% |
811,686
-304,093
| -27% | -$16.4M |
|
287
CALL
Pfizer
PFE
$160B
| $49M | 0.07% |
1,580,473
+765,099
| +94% | +$26M |
|
288
Consolidated Edison
ED
$39.3B
| $48.9M | 0.07% |
680,360
+643,936
| +1,768% | +$49.5M |
|
|
EA
289
PUT
DELISTED
Electronic Arts
EA
| $48.9M | 0.07% |
370,300
-6,200
| -2% | -$733K |
|
290
Gilead Sciences
GILD
$181B
| $48.9M | 0.07% |
635,264
+571,854
| +902% | +$43.8M |
|
291
Voya Financial
VOYA
$8.86B
| $48.9M | 0.07% |
1,047,574
+501,814
| +92% | +$22.3M |
|
|
XEC
292
DELISTED
CIMAREX ENERGY CO
XEC
| $48.6M | 0.07% |
1,768,712
+811,674
| +85% | +$20.1M |
|
293
Sempra
SRE
$54.2B
| $48.5M | 0.07% |
827,166
+721,144
| +680% | +$44.3M |
|
294
Walt Disney
DIS
$186B
| $48.3M | 0.07% |
433,035
+277,335
| +178% | +$30.6M |
|
295
CALL
Cisco
CSCO
$438B
| $48.1M | 0.07% |
1,031,700
+395,500
| +62% | +$17.3M |
|
296
Conagra Brands
CAG
$7.89B
| $48.1M | 0.07% |
1,368,025
+984,540
| +257% | +$32.8M |
|
|
PE
297
DELISTED
PARSLEY ENERGY INC
PE
| $48.1M | 0.07% |
4,503,878
+606,188
| +16% | +$5.61M |
|
298
Clarivate
CLVT
$1.33B
| $47.5M | 0.07% |
2,128,773
+1,737,831
| +445% | +$39.3M |
|
299
Vail Resorts
MTN
$5.45B
| $47.3M | 0.06% |
+259,623
| New | +$45.4M |
|
300
FTI Consulting
FCN
$4.3B
| $46.9M | 0.06% |
409,687
+371,432
| +971% | +$45M |
|
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Israel Englander's Q2 2020 Portfolio in Review
As of Q2 2020, Israel Englander held 4,914 positions worth $73B, up 64% from $44.5B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $17.6B of net new capital in Q2 2020, opening 1,140 new positions and adding to 1,565 existing holdings. Its largest new stake was Global Payments: 1,008,446 shares worth $171M.
By sector, the portfolio is most concentrated in Healthcare at 9% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $127M trimmed.
- Israel Englander's largest Q2 2020 buy was Global Payments: 1,008,446 shares worth $171M.
- Israel Englander added most to Lowe's Companies in Q2 2020, an estimated $217M increase.
- Israel Englander's biggest Q2 2020 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $127M.
- Israel Englander fully exited Allergan plc in Q2 2020, selling an estimated $685M.
- Israel Englander's ten largest holdings make up 20% of its $73B portfolio in Q2 2020.
- Israel Englander opened 1,140 new positions and closed 798 in Q2 2020.
- Israel Englander's portfolio value rose 64% quarter-over-quarter to $73B.
Based on Millennium Management's 13F filing for Q2 2020, filed 14 Aug 2020.