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 | |
|---|---|---|---|---|---|---|
|
GCP
3051
DELISTED
GCP Applied Technologies Inc.
GCP
| $817K | ﹤0.01% |
+43,961
| New | +$789K |
|
|
AHT
3052
Ashford Hospitality Trust
AHT
$21.7M
| $814K | ﹤0.01% |
1,127
+1,081
| +2,350% | +$837K |
|
3053
HF Sinclair
DINO
$16.6B
| $813K | ﹤0.01% |
27,830
-335,760
| -92% | -$9.98M |
|
|
SNBR
3054
DELISTED
Sleep Number
SNBR
| $812K | ﹤0.01% |
19,508
-94,926
| -83% | -$3.02M |
|
3055
Brown-Forman Class A
BF.A
$13.3B
| $811K | ﹤0.01% |
+14,095
| New | +$822K |
|
3056
CALL
DexCom
DXCM
$33.6B
| $811K | ﹤0.01% |
+8,000
| New | +$716K |
|
3057
Granite Construction
GVA
$5.42B
| $811K | ﹤0.01% |
42,379
-117,115
| -73% | -$1.98M |
|
|
PMT
3058
PennyMac Mortgage Investment
PMT
$810M
| $811K | ﹤0.01% |
46,262
+34,223
| +284% | +$411K |
|
3059
Freedom Holding
FRHC
$10.9B
| $809K | ﹤0.01% |
+43,274
| New | +$719K |
|
|
ACR
3060
ACRES Commercial Realty
ACR
$106M
| $806K | ﹤0.01% |
101,369
-169,876
| -63% | -$1.29M |
|
3061
American Vanguard Corp
AVD
$66.1M
| $806K | ﹤0.01% |
58,570
-64,776
| -53% | -$870K |
|
3062
PUT
PPG Industries
PPG
$25.3B
| $806K | ﹤0.01% |
+7,600
| New | +$732K |
|
3063
BeyondSpring
BYSI
$29.6M
| $805K | ﹤0.01% |
+53,397
| New | +$815K |
|
3064
Kearny Financial
KRNY
$642M
| $804K | ﹤0.01% |
98,337
-49,396
| -33% | -$414K |
|
3065
Methanex
MEOH
$4.42B
| $803K | ﹤0.01% |
44,427
-312,687
| -88% | -$5.19M |
|
3066
Tompkins Financial
TMP
$1.41B
| $802K | ﹤0.01% |
+12,381
| New | +$808K |
|
3067
Albemarle
ALB
$15.7B
| $801K | ﹤0.01% |
10,371
-188,196
| -95% | -$12.8M |
|
|
FSP
3068
Franklin Street Properties
FSP
$45.5M
| $801K | ﹤0.01% |
+157,428
| New | +$833K |
|
3069
NVE Corp
NVEC
$517M
| $799K | ﹤0.01% |
12,930
-12,198
| -49% | -$697K |
|
|
SQNS
3070
Sequans Communications SA
SQNS
$44M
| $799K | ﹤0.01% |
+5,207
| New | +$736K |
|
|
TAST
3071
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $798K | ﹤0.01% |
164,949
-21,096
| -11% | -$79.6K |
|
|
PNNT
3072
Pennant Park Investment Corp
PNNT
$249M
| $797K | ﹤0.01% |
227,133
-722,207
| -76% | -$2.33M |
|
3073
Pediatrix Medical
MD
$2.19B
| $796K | ﹤0.01% |
46,565
-220,770
| -83% | -$3.27M |
|
3074
Pluri
PLUR
$17.9M
| $795K | ﹤0.01% |
+11,246
| New | +$735K |
|
3075
Liberty Media Series A
FWONA
$24.1B
| $793K | ﹤0.01% |
+28,395
| New | +$791K |
|
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.