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 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$190M |
| 2 |
MNTA
Momenta Pharmaceuticals, Inc.
MNTA
|
+$178M |
| 3 |
Meta Platforms (Facebook)
META
|
+$172M |
| 4 |
AMTD
TD Ameritrade Holding Corp
AMTD
|
+$169M |
| 5 |
Microsoft
MSFT
|
+$166M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$278M |
| 2 |
Intel
INTC
|
+$223M |
| 3 |
PPLI
People Inc
PPLI
|
+$210M |
| 4 |
Mastercard
MA
|
+$210M |
| 5 |
Honeywell
HON
|
+$188M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 52.25% |
| 2 | Healthcare | 9.18% |
| 3 | Consumer Discretionary | 6.93% |
| 4 | Technology | 6.31% |
| 5 | Industrials | 5.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GSMGW
3001
CALL
DELISTED
Cheer Holding, Inc. Warrant expiring 2/13/2025
GSMGW
| $1.12M | ﹤0.01% |
+400,000
| New | +$26.9K |
|
3002
iShares Core MSCI EAFE ETF
IEFA
$195B
| $1.12M | ﹤0.01% |
+18,562
| New | +$1.12M |
|
|
CMD
3003
DELISTED
Cantel Medical Corporation
CMD
| $1.12M | ﹤0.01% |
25,465
-102,968
| -80% | -$5.07M |
|
3004
CALL
Medpace
MEDP
$17.1B
| $1.12M | ﹤0.01% |
10,000
| – | – |
|
3005
Warner Music
WMG
$14.7B
| $1.12M | ﹤0.01% |
+38,912
| New | +$1.13M |
|
3006
Calix
CALX
$2.37B
| $1.12M | ﹤0.01% |
62,810
-277,299
| -82% | -$5.23M |
|
3007
First Trust Nasdaq Bank ETF
FTXO
$303M
| $1.12M | ﹤0.01% |
66,004
+11,851
| +22% | +$210K |
|
3008
Vail Resorts
MTN
$5.15B
| $1.11M | ﹤0.01% |
5,209
-254,414
| -98% | -$52.4M |
|
|
BWIN
3009
Baldwin Insurance Group
BWIN
$2.92B
| $1.11M | ﹤0.01% |
44,758
-118,884
| -73% | -$2.57M |
|
3010
PUT
Norfolk Southern
NSC
$78.1B
| $1.11M | ﹤0.01% |
5,200
-1,000
| -16% | -$201K |
|
3011
Alcoa
AA
$13.5B
| $1.11M | ﹤0.01% |
+95,562
| New | +$1.28M |
|
3012
PUT
TJX Companies
TJX
$148B
| $1.11M | ﹤0.01% |
19,900
-300,000
| -94% | -$16.2M |
|
|
CPE
3013
DELISTED
Callon Petroleum Company
CPE
| $1.1M | ﹤0.01% |
228,668
-528,519
| -70% | -$4.66M |
|
3014
PUT
Sysco
SYY
$39.5B
| $1.1M | ﹤0.01% |
17,700
| – | – |
|
3015
CALL
PNC Financial Services
PNC
$97.1B
| $1.1M | ﹤0.01% |
10,000
-2,300
| -19% | -$247K |
|
3016
PUT
SolarEdge
SEDG
$2.06B
| $1.1M | ﹤0.01% |
+4,600
| New | +$884K |
|
|
CCXI
3017
CALL
DELISTED
ChemoCentryx, Inc.
CCXI
| $1.1M | ﹤0.01% |
+20,000
| New | +$1.08M |
|
3018
PUT
Corteva
CTVA
$55B
| $1.09M | ﹤0.01% |
38,000
-8,200
| -18% | -$231K |
|
|
SF
3019
Stifel
SF
$12.2B
| $1.09M | ﹤0.01% |
48,685
+23,793
| +96% | +$531K |
|
3020
Schwab International Equity ETF
SCHF
$69.6B
| $1.09M | ﹤0.01% |
69,592
-27,310
| -28% | -$429K |
|
|
JBTM
3021
JBT Marel
JBTM
$6.12B
| $1.09M | ﹤0.01% |
11,866
-78,991
| -87% | -$7.57M |
|
3022
Invesco
IVZ
$14.7B
| $1.09M | ﹤0.01% |
95,389
+62,410
| +189% | +$661K |
|
3023
South Plains Financial
SPFI
$822M
| $1.09M | ﹤0.01% |
+87,616
| New | +$1.21M |
|
3024
LyondellBasell Industries
LYB
$20.4B
| $1.09M | ﹤0.01% |
15,413
-45,006
| -74% | -$3.11M |
|
3025
Principal Financial Group
PFG
$24B
| $1.08M | ﹤0.01% |
26,941
-149,438
| -85% | -$6.37M |
|
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Israel Englander's Q3 2020 Portfolio in Review
As of Q3 2020, Israel Englander held 5,106 positions worth $81.2B, up 11% from $73B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander's Q3 2020 filing shows 989 new, 1,503 increased, 1,793 reduced and 724 closed positions. Its largest new stake was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120M. The largest sale was JPMorgan Chase, an estimated $278M.
By sector, the portfolio is most concentrated in Miscellaneous at 52% of assets, up from 47% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Israel Englander's largest Q3 2020 buy was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120M.
- Israel Englander added most to Varian Medical Systems, Inc. in Q3 2020, an estimated $190M increase.
- Israel Englander's biggest Q3 2020 reduction was JPMorgan Chase, cutting an estimated $278M.
- Israel Englander fully exited Tech Data Corp in Q3 2020, selling an estimated $186M.
- Israel Englander's ten largest holdings make up 18% of its $81.2B portfolio in Q3 2020.
- Israel Englander opened 989 new positions and closed 724 in Q3 2020.
- Israel Englander's portfolio value rose 11% quarter-over-quarter to $81.2B.
Based on Millennium Management's 13F filing for Q3 2020, filed 16 Nov 2020.