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 | |
|---|---|---|---|---|---|---|
3126
Consolidated Edison
ED
$39.5B
| $948K | ﹤0.01% |
12,185
-668,175
| -98% | -$49.3M |
|
|
SEM
3127
DELISTED
Select Medical
SEM
| $948K | ﹤0.01% |
84,507
-213,117
| -72% | -$2.1M |
|
|
PGTI
3128
DELISTED
PGT, Inc.
PGTI
| $948K | ﹤0.01% |
+54,115
| New | +$950K |
|
3129
Yum China
YUMC
$15.3B
| $946K | ﹤0.01% |
17,870
-200,522
| -92% | -$10.6M |
|
|
APXTU
3130
DELISTED
Apex Technology Acquisition Corporation Unit
APXTU
| $944K | ﹤0.01% |
80,000
| – | – |
|
3131
PUT
Labcorp
LH
$27.3B
| $941K | ﹤0.01% |
5,820
-17,460
| -75% | -$2.77M |
|
3132
MDU Resources
MDU
$4.24B
| $941K | ﹤0.01% |
109,971
-739,332
| -87% | -$6.35M |
|
3133
Ventas
VTR
$47.6B
| $939K | ﹤0.01% |
22,375
-2,966
| -12% | -$119K |
|
|
PVBC
3134
DELISTED
Provident Bancorp
PVBC
| $937K | ﹤0.01% |
+120,244
| New | +$950K |
|
|
GTM
3135
ZoomInfo Technologies
GTM
$1.19B
| $937K | ﹤0.01% |
21,791
-464,364
| -96% | -$18.2M |
|
3136
Royal Caribbean
RCL
$76.2B
| $935K | ﹤0.01% |
14,449
-229,925
| -94% | -$13.5M |
|
3137
Lamb Weston
LW
$7.53B
| $933K | ﹤0.01% |
14,084
-94,193
| -87% | -$6.03M |
|
3138
Kennametal
KMT
$2.3B
| $932K | ﹤0.01% |
+32,189
| New | +$933K |
|
3139
Banco Bilbao Vizcaya Argentaria
BBVA
$158B
| $931K | ﹤0.01% |
339,891
+71,687
| +27% | +$223K |
|
3140
HF Foods Group
HFFG
$97M
| $931K | ﹤0.01% |
140,786
-90,177
| -39% | -$733K |
|
3141
HUTCHMED
HCM
$2.16B
| $930K | ﹤0.01% |
28,797
-13,872
| -33% | -$432K |
|
3142
PUT
PPG Industries
PPG
$25.2B
| $928K | ﹤0.01% |
7,600
| – | – |
|
|
OPTN
3143
DELISTED
OptiNose
OPTN
| $926K | ﹤0.01% |
+15,821
| New | +$1.17M |
|
3144
National Health Investors
NHI
$3.56B
| $925K | ﹤0.01% |
15,340
-61,742
| -80% | -$3.81M |
|
|
BHVN
3145
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $924K | ﹤0.01% |
14,217
-6,362
| -31% | -$417K |
|
|
MOBL
3146
DELISTED
MobileIron, Inc.
MOBL
| $923K | ﹤0.01% |
131,638
+118,182
| +878% | +$690K |
|
3147
F5
FFIV
$23.2B
| $921K | ﹤0.01% |
7,502
-40,692
| -84% | -$5.47M |
|
3148
iShares Core US Aggregate Bond ETF
AGG
$139B
| $919K | ﹤0.01% |
7,787
-200,969
| -96% | -$23.8M |
|
|
CALT
3149
DELISTED
Calliditas Therapeutics AB American Depositary Shares
CALT
| $917K | ﹤0.01% |
38,221
-13,044
| -25% | -$304K |
|
3150
Eastman Chemical
EMN
$8.31B
| $914K | ﹤0.01% |
11,697
-89,013
| -88% | -$6.71M |
|
Similar funds
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.