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 | |
|---|---|---|---|---|---|---|
|
CHL
3026
DELISTED
China Mobile Limited
CHL
| $854K | ﹤0.01% |
+25,384
| New | +$940K |
|
3027
CNB Financial Corp
CCNE
$1.01B
| $851K | ﹤0.01% |
47,467
+1,822
| +4% | +$30.8K |
|
3028
Financial Institutions
FISI
$805M
| $848K | ﹤0.01% |
45,586
-1,802
| -4% | -$31.4K |
|
|
MRSH
3029
CALL
Marsh
MRSH
$92.6B
| $848K | ﹤0.01% |
+7,900
| New | +$800K |
|
3030
MidCap Financial Investment
MFIC
$796M
| $847K | ﹤0.01% |
88,478
-7,044
| -7% | -$63.6K |
|
3031
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.63B
| $845K | ﹤0.01% |
+16,252
| New | +$822K |
|
3032
JB Hunt Transport Services
JBHT
$24.8B
| $842K | ﹤0.01% |
6,997
-95,344
| -93% | -$10.3M |
|
3033
Forrester Research
FORR
$230M
| $840K | ﹤0.01% |
+26,218
| New | +$832K |
|
|
MRC
3034
DELISTED
MRC Global
MRC
| $839K | ﹤0.01% |
141,970
-726,371
| -84% | -$3.77M |
|
|
AT
3035
DELISTED
Atlantic Power Corporation
AT
| $838K | ﹤0.01% |
418,917
+327,392
| +358% | +$652K |
|
3036
Acco Brands
ACCO
$385M
| $837K | ﹤0.01% |
117,932
-206,774
| -64% | -$1.29M |
|
3037
Smith & Nephew
SNN
$12.2B
| $837K | ﹤0.01% |
+21,963
| New | +$870K |
|
3038
iShares Latin America 40 ETF
ILF
$3.78B
| $834K | ﹤0.01% |
+38,682
| New | +$777K |
|
|
SCS
3039
DELISTED
Steelcase
SCS
| $834K | ﹤0.01% |
+69,192
| New | +$757K |
|
|
AAN.A
3040
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $831K | ﹤0.01% |
18,293
-92,864
| -84% | -$4.22M |
|
|
ZAGG
3041
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $830K | ﹤0.01% |
264,248
-13,914
| -5% | -$43.7K |
|
3042
Kite Realty
KRG
$5.3B
| $826K | ﹤0.01% |
+71,572
| New | +$719K |
|
3043
Enel Chile
ENIC
$6.14B
| $825K | ﹤0.01% |
218,782
-303,210
| -58% | -$1.15M |
|
|
FFNW
3044
DELISTED
First Financial Northwest, Inc
FFNW
| $824K | ﹤0.01% |
+85,014
| New | +$788K |
|
|
HCCOU
3045
DELISTED
Healthcare Merger Corp. Units
HCCOU
| $824K | ﹤0.01% |
80,000
| – | – |
|
3046
Haverty Furniture Companies
HVT
$424M
| $823K | ﹤0.01% |
+51,413
| New | +$751K |
|
|
BRY
3047
DELISTED
Berry Corp
BRY
| $820K | ﹤0.01% |
169,687
-131,686
| -44% | -$509K |
|
3048
CALL
TJX Companies
TJX
$152B
| $819K | ﹤0.01% |
16,200
+11,800
| +268% | +$593K |
|
3049
SITE Centers
SITC
$158M
| $818K | ﹤0.01% |
129,382
-264,013
| -67% | -$1.29M |
|
3050
Cameco
CCJ
$46.8B
| $817K | ﹤0.01% |
79,673
-169,515
| -68% | -$1.69M |
|
Similar funds
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.