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 | |
|---|---|---|---|---|---|---|
3151
CALL
ICU Medical
ICUI
$4.38B
| $914K | ﹤0.01% |
+5,000
| New | +$941K |
|
3152
Universal Technical Institute
UTI
$1.19B
| $914K | ﹤0.01% |
179,937
+169,584
| +1,638% | +$1.19M |
|
|
LTRPA
3153
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $914K | ﹤0.01% |
528,596
+39,054
| +8% | +$94.1K |
|
3154
PolyPid
PYPD
$104M
| $913K | ﹤0.01% |
2,764
-736
| -21% | -$305K |
|
3155
Biglari Holdings Class A
BH.A
$1.22B
| $910K | ﹤0.01% |
1,865
-21
| -1% | -$8.87K |
|
|
MRSH
3156
CALL
Marsh
MRSH
$90.7B
| $906K | ﹤0.01% |
7,900
| – | – |
|
|
FLOW
3157
DELISTED
SPX FLOW, Inc.
FLOW
| $906K | ﹤0.01% |
+21,161
| New | +$883K |
|
3158
MGE Energy Inc
MGEE
$2.96B
| $905K | ﹤0.01% |
+14,442
| New | +$936K |
|
3159
iShares US Home Construction ETF
ITB
$2.23B
| $904K | ﹤0.01% |
+15,959
| New | +$834K |
|
3160
Urban Outfitters
URBN
$6.75B
| $904K | ﹤0.01% |
43,418
+22,863
| +111% | +$448K |
|
3161
Badger Meter
BMI
$4B
| $903K | ﹤0.01% |
+13,807
| New | +$882K |
|
3162
Helmerich & Payne
HP
$4.24B
| $903K | ﹤0.01% |
61,641
-210,863
| -77% | -$3.67M |
|
|
BGFV
3163
DELISTED
Big 5 Sporting Goods
BGFV
| $901K | ﹤0.01% |
120,483
-173,585
| -59% | -$917K |
|
3164
Arcutis Biotherapeutics
ARQT
$3.13B
| $898K | ﹤0.01% |
30,642
+4,703
| +18% | +$126K |
|
3165
iShares Broad USD High Yield Corporate Bond ETF
USHY
$29.1B
| $898K | ﹤0.01% |
+22,743
| New | +$898K |
|
3166
CDW
CDW
$18.6B
| $891K | ﹤0.01% |
7,454
-115,146
| -94% | -$13.2M |
|
3167
ProShares UltraPro Dow 30
UDOW
$873M
| $891K | ﹤0.01% |
+45,800
| New | +$854K |
|
3168
Universal Corp
UVV
$1.14B
| $891K | ﹤0.01% |
21,286
-24,622
| -54% | -$1.05M |
|
|
FSP
3169
Franklin Street Properties
FSP
$42.8M
| $890K | ﹤0.01% |
243,164
+85,736
| +54% | +$402K |
|
3170
Range Resources
RRC
$9.73B
| $887K | ﹤0.01% |
134,047
-27,036
| -17% | -$196K |
|
3171
Host Hotels & Resorts
HST
$15.3B
| $886K | ﹤0.01% |
82,108
-241,694
| -75% | -$2.67M |
|
3172
PUT
HCA Healthcare
HCA
$90.8B
| $885K | ﹤0.01% |
7,100
| – | – |
|
3173
Nature's Sunshine
NATR
$245M
| $884K | ﹤0.01% |
76,366
+56,410
| +283% | +$603K |
|
3174
Schwab US Broad Market ETF
SCHB
$44.9B
| $879K | ﹤0.01% |
66,210
-48,132
| -42% | -$633K |
|
3175
Schwab US Dividend Equity ETF
SCHD
$111B
| $879K | ﹤0.01% |
47,682
+2,904
| +6% | +$53.4K |
|
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.