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 | Healthcare | 11.91% |
| 2 | Technology | 7.43% |
| 3 | Financials | 6.52% |
| 4 | Consumer Discretionary | 5.69% |
| 5 | Industrials | 4.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3001
RLJ Lodging Trust
RLJ
$1.75B
| $375K | ﹤0.01% |
+48,601
| New | +$653K |
|
3002
Universal Corp
UVV
$1.16B
| $373K | ﹤0.01% |
8,447
-277
| -3% | -$13.8K |
|
3003
Asure Software
ASUR
$254M
| $372K | ﹤0.01% |
+62,476
| New | +$485K |
|
|
UHT
3004
Universal Health Realty Income Trust
UHT
$586M
| $372K | ﹤0.01% |
3,691
-1,467
| -28% | -$162K |
|
3005
PUT
Masco
MAS
$14.5B
| $370K | ﹤0.01% |
+10,700
| New | +$467K |
|
3006
Dime Commercial Bancshares
DCOM
$1.78B
| $369K | ﹤0.01% |
17,420
+4,771
| +38% | +$135K |
|
3007
W.W. Grainger
GWW
$62.9B
| $368K | ﹤0.01% |
1,479
-218,734
| -99% | -$64.7M |
|
3008
BP
BP
$109B
| $367K | ﹤0.01% |
15,038
-2,762,354
| -99% | -$89.3M |
|
|
Y
3009
DELISTED
Alleghany Corp
Y
| $366K | ﹤0.01% |
663
-8,525
| -93% | -$6.13M |
|
3010
CBRE Group
CBRE
$43.5B
| $365K | ﹤0.01% |
+9,683
| New | +$535K |
|
3011
Harmonic Inc
HLIT
$1.36B
| $365K | ﹤0.01% |
63,376
-977,735
| -94% | -$6.56M |
|
|
AVTA
3012
DELISTED
Avantax, Inc. Common Stock
AVTA
| $365K | ﹤0.01% |
+30,256
| New | +$584K |
|
3013
SB Financial Group
SBFG
$172M
| $364K | ﹤0.01% |
+34,415
| New | +$571K |
|
|
NBIS
3014
CALL
Nebius Group N.V.
NBIS
$58.2B
| $364K | ﹤0.01% |
+10,700
| New | +$441K |
|
3015
Citi Trends
CTRN
$576M
| $363K | ﹤0.01% |
40,747
+18,721
| +85% | +$362K |
|
3016
CALL
Deckers Outdoor
DECK
$12.2B
| $362K | ﹤0.01% |
+16,200
| New | +$451K |
|
3017
Genpact
G
$6.2B
| $362K | ﹤0.01% |
12,382
-53,132
| -81% | -$2.08M |
|
3018
Oxford Square Capital
OXSQ
$145M
| $362K | ﹤0.01% |
141,796
-76,615
| -35% | -$382K |
|
3019
First Hawaiian
FHB
$3.16B
| $361K | ﹤0.01% |
21,852
-47,237
| -68% | -$1.19M |
|
3020
Commerce Bancshares
CBSH
$8.39B
| $360K | ﹤0.01% |
+9,582
| New | +$454K |
|
|
OPOF
3021
DELISTED
Old Point Financial
OPOF
| $360K | ﹤0.01% |
23,839
-45
| -0.2% | -$1.09K |
|
|
B
3022
DELISTED
Barnes Group Inc.
B
| $360K | ﹤0.01% |
8,617
-149
| -2% | -$8.41K |
|
|
CSGS
3023
DELISTED
CSG Systems International
CSGS
| $359K | ﹤0.01% |
8,572
-191,691
| -96% | -$9.12M |
|
|
EXTN
3024
DELISTED
Exterran Corporation
EXTN
| $359K | ﹤0.01% |
74,815
+14,697
| +24% | +$88.1K |
|
3025
Corporacion America
CAAP
$4.02B
| $358K | ﹤0.01% |
193,595
-151,297
| -44% | -$681K |
|
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 $21.4B 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 Healthcare at 12% of assets, up from 10% a quarter earlier, followed by Technology and Financials.
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.