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 |
AGN
Allergan plc
AGN
|
+$200M |
| 2 |
Danaher
DHR
|
+$146M |
| 3 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$138M |
| 4 |
Procter & Gamble
PG
|
+$122M |
| 5 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$109M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.89B |
| 2 |
Microsoft
MSFT
|
+$380M |
| 3 |
Alibaba
BABA
|
+$352M |
| 4 |
Wells Fargo
WFC
|
+$245M |
| 5 |
American Electric Power
AEP
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.91% |
| 2 | Technology | 7.43% |
| 3 | Financials | 6.52% |
| 4 | Consumer Discretionary | 5.69% |
| 5 | Industrials | 4.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3176
iShares Core S&P Small-Cap ETF
IJR
$111B
| $278K | ﹤0.01% |
4,957
-449,630
| -99% | -$33.5M |
|
3177
Ziff Davis
ZD
$1.9B
| $278K | ﹤0.01% |
4,277
-9,825
| -70% | -$767K |
|
|
MRO
3178
PUT
DELISTED
Marathon Oil Corporation
MRO
| $278K | ﹤0.01% |
84,400
-22,500
| -21% | -$207K |
|
|
SRT
3179
DELISTED
Startek Inc.
SRT
| $278K | ﹤0.01% |
74,008
-4,060
| -5% | -$27.2K |
|
3180
Central Garden & Pet Co
CENT
$2.77B
| $277K | ﹤0.01% |
12,610
-169,925
| -93% | -$4.02M |
|
3181
CALL
Marriott International
MAR
$93.3B
| $277K | ﹤0.01% |
3,700
-27,800
| -88% | -$3.46M |
|
3182
Citizens Community Bancorp
CZWI
$201M
| $276K | ﹤0.01% |
42,752
-3,763
| -8% | -$40.3K |
|
3183
MGE Energy Inc
MGEE
$2.99B
| $276K | ﹤0.01% |
+4,214
| New | +$314K |
|
3184
Sonic Automotive
SAH
$2.43B
| $276K | ﹤0.01% |
20,756
-3,098
| -13% | -$80.8K |
|
3185
Travel + Leisure Co
TNL
$4.51B
| $276K | ﹤0.01% |
12,711
-45,716
| -78% | -$1.91M |
|
3186
Loews
L
$22.7B
| $275K | ﹤0.01% |
7,909
-37,063
| -82% | -$1.75M |
|
3187
IES Holdings
IESC
$12.5B
| $274K | ﹤0.01% |
30,998
-15,348
| -33% | -$179K |
|
|
AEGN
3188
DELISTED
Aegion Corp
AEGN
| $274K | ﹤0.01% |
15,294
-118,123
| -89% | -$2.34M |
|
3189
CALL
W.W. Grainger
GWW
$61.3B
| $273K | ﹤0.01% |
+1,100
| New | +$325K |
|
3190
Korro Bio
KRRO
$202M
| $273K | ﹤0.01% |
306
-2,289
| -88% | -$2.47M |
|
3191
PUT
MongoDB
MDB
$32.6B
| $273K | ﹤0.01% |
+2,000
| New | +$295K |
|
3192
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.5B
| $273K | ﹤0.01% |
5,576
-55,924
| -91% | -$2.73M |
|
3193
Fabrinet
FN
$15.5B
| $272K | ﹤0.01% |
4,977
-88
| -2% | -$5.32K |
|
|
ALYA
3194
DELISTED
Alithya Group Inc Class A Subordinate Voting Shares
ALYA
| $272K | ﹤0.01% |
154,690
-1,204
| -0.8% | -$3.06K |
|
3195
Establishment Labs
ESTA
$2.15B
| $271K | ﹤0.01% |
18,733
-57,892
| -76% | -$1.28M |
|
3196
Cenovus Energy
CVE
$56.7B
| $270K | ﹤0.01% |
133,770
-133,935
| -50% | -$939K |
|
3197
Rhinebeck Bancorp
RBKB
$200M
| $270K | ﹤0.01% |
42,397
-188
| -0.4% | -$1.88K |
|
3198
Sutro Biopharma
STRO
$356M
| $270K | ﹤0.01% |
2,648
-682
| -20% | -$71.7K |
|
|
IMMU
3199
PUT
DELISTED
Immunomedics Inc
IMMU
| $270K | ﹤0.01% |
20,000
| – | – |
|
3200
Nexa Resources
NEXA
$2.1B
| $268K | ﹤0.01% |
+76,916
| New | +$543K |
|
Similar funds
Israel Englander's Q1 2020 Portfolio in Review
As of Q1 2020, Israel Englander held 4,928 positions worth $44.5B, down 44% from $79.9B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander withdrew a net $21.4B in Q1 2020, closing 1,154 positions and reducing 1,745 holdings. Its most notable exit was Becton Dickinson, an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, up from 10% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Danaher worth $133M.
- Israel Englander's largest Q1 2020 buy was Danaher: 1,082,448 shares worth $133M.
- Israel Englander added most to Allergan plc in Q1 2020, an estimated $200M increase.
- Israel Englander's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.89B.
- Israel Englander fully exited Becton Dickinson in Q1 2020, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 18% of its $44.5B portfolio in Q1 2020.
- Israel Englander opened 789 new positions and closed 1,154 in Q1 2020.
- Israel Englander's portfolio value fell 44% quarter-over-quarter to $44.5B.
Based on Millennium Management's 13F filing for Q1 2020, filed 14 May 2020.