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 |
Walt Disney
DIS
|
+$655M |
| 2 |
Coty
COTY
|
+$380M |
| 3 |
ConocoPhillips
COP
|
+$250M |
| 4 |
Zimmer Biomet
ZBH
|
+$213M |
| 5 |
Valero Energy
VLO
|
+$170M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$523M |
| 2 |
Merck
MRK
|
+$375M |
| 3 |
SHPG
Shire pic
SHPG
|
+$362M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$310M |
| 5 |
CELG
Celgene Corp
CELG
|
+$286M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.57% |
| 2 | Technology | 12.05% |
| 3 | Financials | 10.74% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Energy | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
INAP
3101
DELISTED
Internap Corporation
INAP
| $630K | ﹤0.01% |
127,058
-314,080
| -71% | -$1.7M |
|
3102
Cass Information Systems
CASS
$727M
| $629K | ﹤0.01% |
+13,304
| New | +$681K |
|
3103
Wipro
WIT
$18.7B
| $629K | ﹤0.01% |
316,254
-133,695
| -30% | -$272K |
|
3104
Core Molding Technologies
CMT
$225M
| $628K | ﹤0.01% |
85,124
-3,323
| -4% | -$26.3K |
|
|
JHB
3105
DELISTED
Nuveen Corporate Income November 2021 Target Term Fund
JHB
| $627K | ﹤0.01% |
64,069
-56,817
| -47% | -$549K |
|
|
EARN
3106
Ellington Residential Mortgage REIT
EARN
$166M
| $626K | ﹤0.01% |
52,638
+35,817
| +213% | +$413K |
|
3107
Frontline
FRO
$9.61B
| $626K | ﹤0.01% |
+96,831
| New | +$575K |
|
3108
Compañía de Minas Buenaventura
BVN
$9.06B
| $624K | ﹤0.01% |
36,125
-144,285
| -80% | -$2.36M |
|
3109
Liberty Global Class A
LBTYA
$3.67B
| $624K | ﹤0.01% |
25,047
-47,293
| -65% | -$1.16M |
|
3110
CALL
eHealth
EHTH
$39.1M
| $623K | ﹤0.01% |
+10,000
| New | +$551K |
|
|
INOV
3111
CALL
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $622K | ﹤0.01% |
50,000
-90,000
| -64% | -$1.22M |
|
3112
Autohome
ATHM
$2.5B
| $620K | ﹤0.01% |
5,896
-53,590
| -90% | -$4.42M |
|
3113
CALL
LeMaitre Vascular
LMAT
$1.83B
| $620K | ﹤0.01% |
+20,000
| New | +$534K |
|
3114
Carvana
CVNA
$83.4B
| $619K | ﹤0.01% |
53,290
-748,145
| -93% | -$6.3M |
|
3115
Assembly Biosciences
ASMB
$736M
| $617K | ﹤0.01% |
+2,612
| New | +$661K |
|
|
USFR
3116
DELISTED
WisdomTree Bloomberg Floating Rate Treasury Fund
USFR
| $617K | ﹤0.01% |
+24,596
| New | +$617K |
|
3117
Bloom Energy
BE
$63.8B
| $616K | ﹤0.01% |
47,663
+18,614
| +64% | +$228K |
|
3118
iShares Russell Mid-Cap ETF
IWR
$57.4B
| $615K | ﹤0.01% |
+11,396
| New | +$590K |
|
|
SAND
3119
DELISTED
Sandstorm Gold
SAND
| $615K | ﹤0.01% |
+112,293
| New | +$593K |
|
3120
Oneok
OKE
$58.2B
| $613K | ﹤0.01% |
8,780
-48,234
| -85% | -$3.12M |
|
3121
Independence Realty Trust
IRT
$3.97B
| $612K | ﹤0.01% |
56,681
+23,096
| +69% | +$237K |
|
3122
Lennox International
LII
$13.4B
| $608K | ﹤0.01% |
2,301
-195,803
| -99% | -$46.8M |
|
|
FG
3123
DELISTED
FGL Holdings Ordinary Shares
FG
| $607K | ﹤0.01% |
+77,114
| New | +$612K |
|
3124
PUT
eBay
EBAY
$47.2B
| $605K | ﹤0.01% |
16,300
-5,400
| -25% | -$187K |
|
3125
Essex Property Trust
ESS
$18.8B
| $605K | ﹤0.01% |
2,092
-129,613
| -98% | -$35.4M |
|
Similar funds
Israel Englander's Q1 2019 Portfolio in Review
As of Q1 2019, Israel Englander held 4,608 positions worth $66.8B, up 4.2% from $64.1B the previous quarter. Its ten largest holdings account for 7.1% of the portfolio.
Israel Englander withdrew a net $6.14B in Q1 2019, closing 675 positions and reducing 1,467 holdings. Its most notable exit was Merck, an estimated $375M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, down from 14% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Zimmer Biomet worth $232M.
- Israel Englander's largest Q1 2019 buy was Zimmer Biomet: 1,870,503 shares worth $232M.
- Israel Englander added most to Walt Disney in Q1 2019, an estimated $655M increase.
- Israel Englander's biggest Q1 2019 reduction was Apple, cutting an estimated $523M.
- Israel Englander fully exited Merck in Q1 2019, selling an estimated $375M.
- Israel Englander's ten largest holdings make up 7.1% of its $66.8B portfolio in Q1 2019.
- Israel Englander opened 914 new positions and closed 675 in Q1 2019.
- Israel Englander's portfolio value rose 4.2% quarter-over-quarter to $66.8B.
Based on Millennium Management's 13F filing for Q1 2019, filed 14 May 2019.