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 | |
|---|---|---|---|---|---|---|
|
CZZ
3001
DELISTED
Cosan Limited
CZZ
| $902K | ﹤0.01% |
59,891
-134,508
| -69% | -$1.76M |
|
3002
Idexx Laboratories
IDXX
$43.4B
| $901K | ﹤0.01% |
+2,729
| New | +$790K |
|
3003
EPR Properties
EPR
$4.62B
| $896K | ﹤0.01% |
27,031
-498,140
| -95% | -$14.8M |
|
3004
CALL
Palo Alto Networks
PANW
$277B
| $896K | ﹤0.01% |
+23,400
| New | +$824K |
|
3005
CytomX Therapeutics
CTMX
$723M
| $883K | ﹤0.01% |
106,022
-188,291
| -64% | -$1.75M |
|
3006
Mettler-Toledo International
MTD
$28.1B
| $880K | ﹤0.01% |
1,092
-5,086
| -82% | -$3.78M |
|
3007
Manulife Financial
MFC
$71.9B
| $879K | ﹤0.01% |
64,521
-114,937
| -64% | -$1.45M |
|
3008
Lyft
LYFT
$6.54B
| $877K | ﹤0.01% |
+26,553
| New | +$840K |
|
3009
Tejon Ranch
TRC
$433M
| $874K | ﹤0.01% |
60,706
+50,335
| +485% | +$701K |
|
3010
Employers Holdings
EIG
$880M
| $873K | ﹤0.01% |
28,958
+2,644
| +10% | +$81.4K |
|
3011
NatWest
NWG
$74.6B
| $871K | ﹤0.01% |
+265,217
| New | +$825K |
|
|
HPR
3012
DELISTED
HighPoint Resources Corporation
HPR
| $871K | ﹤0.01% |
+59,030
| New | +$856K |
|
3013
CALL
Extreme Networks
EXTR
$2.99B
| $868K | ﹤0.01% |
+200,000
| New | +$705K |
|
|
OCFT
3014
DELISTED
OneConnect Financial Technology
OCFT
| $867K | ﹤0.01% |
4,747
-91
| -2% | -$12.2K |
|
|
SRCL
3015
DELISTED
Stericycle Inc
SRCL
| $867K | ﹤0.01% |
+15,479
| New | +$806K |
|
3016
CALL
iShares Silver Trust
SLV
$33B
| $866K | ﹤0.01% |
+50,900
| New | +$778K |
|
3017
Powell Industries
POWL
$7.02B
| $865K | ﹤0.01% |
94,761
-254,745
| -73% | -$2.17M |
|
3018
iShares MSCI Turkey ETF
TUR
$223M
| $863K | ﹤0.01% |
+37,172
| New | +$780K |
|
|
MTVA
3019
MetaVia Inc
MTVA
$10.9M
| $861K | ﹤0.01% |
41
+3
| +8% | +$108K |
|
3020
iShares Core S&P Small-Cap ETF
IJR
$111B
| $860K | ﹤0.01% |
12,600
+7,643
| +154% | +$483K |
|
3021
Fulcrum Therapeutics
FULC
$291M
| $859K | ﹤0.01% |
46,947
-138,072
| -75% | -$2.17M |
|
|
CTB
3022
DELISTED
Cooper Tire & Rubber Co.
CTB
| $859K | ﹤0.01% |
31,118
-91,989
| -75% | -$2.12M |
|
3023
CALL
Enbridge
ENB
$110B
| $858K | ﹤0.01% |
28,200
| – | – |
|
3024
iShares US Technology ETF
IYW
$24.8B
| $855K | ﹤0.01% |
+12,676
| New | +$765K |
|
3025
CALL
Motorola Solutions
MSI
$80.9B
| $855K | ﹤0.01% |
6,100
| – | – |
|
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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.