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 |
AGN
Allergan plc
AGN
|
+$200M |
| 2 |
Danaher
DHR
|
+$146M |
| 3 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$138M |
| 4 |
Procter & Gamble
PG
|
+$122M |
| 5 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$109M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.89B |
| 2 |
Microsoft
MSFT
|
+$380M |
| 3 |
Alibaba
BABA
|
+$352M |
| 4 |
Wells Fargo
WFC
|
+$245M |
| 5 |
American Electric Power
AEP
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 47.74% |
| 2 | Healthcare | 11.91% |
| 3 | Technology | 7.43% |
| 4 | Financials | 6.52% |
| 5 | Consumer Discretionary | 5.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
OTRK
2976
DELISTED
Ontrak
OTRK
| $397K | ﹤0.01% |
290
+132
| +84% | +$184K |
|
2977
Hovnanian Enterprises
HOV
$743M
| $396K | ﹤0.01% |
+48,049
| New | +$1.04M |
|
2978
PUT
Ubiquiti
UI
$35.9B
| $396K | ﹤0.01% |
+2,800
| New | +$428K |
|
2979
PUT
McCormick & Company Non-Voting
MKC
$14.7B
| $395K | ﹤0.01% |
+5,600
| New | +$435K |
|
|
CXO
2980
CALL
DELISTED
CONCHO RESOURCES INC.
CXO
| $394K | ﹤0.01% |
9,200
+6,700
| +268% | +$466K |
|
2981
News Corp Class B
NWS
$19B
| $393K | ﹤0.01% |
43,716
+29,342
| +204% | +$377K |
|
2982
PUT
RH
RH
$2.74B
| $392K | ﹤0.01% |
+3,900
| New | +$727K |
|
2983
Vanguard Morningstar Growth ETF
VUG
$229B
| $392K | ﹤0.01% |
15,000
-82,392
| -85% | -$2.47M |
|
|
GBT
2984
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $390K | ﹤0.01% |
7,632
-219,068
| -97% | -$14.7M |
|
|
EEX
2985
DELISTED
Emerald Holding
EEX
| $389K | ﹤0.01% |
+150,099
| New | +$1.18M |
|
|
OGI
2986
Organigram Holdings
OGI
$173M
| $389K | ﹤0.01% |
48,686
-110,944
| -70% | -$1.01M |
|
|
TEI
2987
Templeton Emerging Markets Income Fund
TEI
$322M
| $389K | ﹤0.01% |
52,069
-131,295
| -72% | -$1.14M |
|
2988
CALL
ExxonMobil
XOM
$643B
| $387K | ﹤0.01% |
10,200
-54,400
| -84% | -$3M |
|
2989
Q32 Bio
QTTB
$481M
| $387K | ﹤0.01% |
1,383
-1,776
| -56% | -$544K |
|
2990
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $386K | ﹤0.01% |
4,211
-290,612
| -99% | -$26.6M |
|
2991
Casella Waste Systems
CWST
$5.92B
| $385K | ﹤0.01% |
+9,849
| New | +$478K |
|
2992
Kodak
KODK
$927M
| $384K | ﹤0.01% |
221,796
+127,119
| +134% | +$382K |
|
2993
CALL
Agnico Eagle Mines
AEM
$109B
| $382K | ﹤0.01% |
+9,600
| New | +$506K |
|
|
CIH
2994
DELISTED
China Index Holdings Limited American Depository Shares
CIH
| $382K | ﹤0.01% |
282,901
-70,529
| -20% | -$179K |
|
|
LFC
2995
DELISTED
China Life Insurance Company Ltd.
LFC
| $381K | ﹤0.01% |
+39,068
| New | +$468K |
|
2996
Park Hotels & Resorts
PK
$3.16B
| $380K | ﹤0.01% |
+48,051
| New | +$903K |
|
2997
Teledyne Technologies
TDY
$29B
| $379K | ﹤0.01% |
1,274
-13,654
| -91% | -$4.69M |
|
2998
CALL
Bio-Techne
TECH
$11.4B
| $379K | ﹤0.01% |
8,000
-12,000
| -60% | -$600K |
|
|
PGTI
2999
DELISTED
PGT, Inc.
PGTI
| $377K | ﹤0.01% |
44,984
-151,014
| -77% | -$2.15M |
|
3000
Dr. Reddy's Laboratories
RDY
$10.1B
| $376K | ﹤0.01% |
46,560
-285,120
| -86% | -$2.38M |
|
Similar funds
Israel Englander's Q1 2020 Portfolio in Review
As of Q1 2020, Israel Englander held 4,928 positions worth $44.5B, down 44% from $79.9B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander withdrew a net $20.8B in Q1 2020, closing 1,154 positions and reducing 1,745 holdings. Its most notable exit was Becton Dickinson, an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 48% of assets, up from 38% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Israel Englander opened a new position in Danaher worth $133M.
- Israel Englander's largest Q1 2020 buy was Danaher: 1,082,448 shares worth $133M.
- Israel Englander added most to Allergan plc in Q1 2020, an estimated $200M increase.
- Israel Englander's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.89B.
- Israel Englander fully exited Becton Dickinson in Q1 2020, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 18% of its $44.5B portfolio in Q1 2020.
- Israel Englander opened 789 new positions and closed 1,154 in Q1 2020.
- Israel Englander's portfolio value fell 44% quarter-over-quarter to $44.5B.
Based on Millennium Management's 13F filing for Q1 2020, filed 14 May 2020.