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 |
L3Harris
LHX
|
+$282M |
| 2 |
Ameren
AEE
|
+$239M |
| 3 |
Restaurant Brands International
QSR
|
+$192M |
| 4 |
Lowe's Companies
LOW
|
+$190M |
| 5 |
Las Vegas Sands
LVS
|
+$164M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LyondellBasell Industries
LYB
|
+$441M |
| 2 |
WP
Worldpay, Inc.
WP
|
+$429M |
| 3 |
LLL
L3 Technologies, Inc.
LLL
|
+$412M |
| 4 |
RHT
Red Hat Inc
RHT
|
+$399M |
| 5 |
APC
Anadarko Petroleum
APC
|
+$304M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.62% |
| 2 | Financials | 10.42% |
| 3 | Technology | 9.63% |
| 4 | Consumer Discretionary | 8.71% |
| 5 | Industrials | 8.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Lam Research
LRCX
$385B
| $50.7M | 0.08% |
2,192,190
+447,860
| +26% | +$9.4M |
|
302
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.78B
| $50.4M | 0.08% |
563,375
-165,550
| -23% | -$15.6M |
|
303
TransDigm Group
TDG
$66.3B
| $50.3M | 0.08% |
96,578
+22,494
| +30% | +$11.5M |
|
304
RPM International
RPM
$13.5B
| $50.3M | 0.08% |
730,660
+707,947
| +3,117% | +$46.9M |
|
305
Copart
CPRT
$30.9B
| $50.2M | 0.08% |
2,499,172
+2,475,244
| +10,345% | +$48M |
|
|
ZGNX
306
DELISTED
Zogenix, Inc.
ZGNX
| $50.1M | 0.08% |
1,252,337
-341,374
| -21% | -$15.7M |
|
307
iShares 20+ Year Treasury Bond ETF
TLT
$46.7B
| $50.1M | 0.08% |
350,062
+277,162
| +380% | +$38.5M |
|
|
ALDR
308
DELISTED
Alder Biopharmaceuticals
ALDR
| $50.1M | 0.08% |
2,654,751
+2,300,799
| +650% | +$26.3M |
|
309
Northrop Grumman
NOC
$78B
| $49.8M | 0.08% |
132,944
+129,968
| +4,367% | +$46M |
|
310
US Bancorp
USB
$97B
| $49.4M | 0.08% |
891,802
+633,337
| +245% | +$34.2M |
|
311
Trimble
TRMB
$14.1B
| $49.3M | 0.08% |
1,270,618
+648,326
| +104% | +$26.1M |
|
312
Robert Half
RHI
$4.63B
| $49.3M | 0.08% |
885,787
-73,770
| -8% | -$4.16M |
|
313
Ralph Lauren
RL
$22B
| $48.9M | 0.08% |
512,098
+114,374
| +29% | +$11.3M |
|
314
PUT
Bristol-Myers Squibb
BMY
$137B
| $48.8M | 0.08% |
962,300
+932,300
| +3,108% | +$43.8M |
|
315
CALL
iShares Russell 2000 ETF
IWM
$81.2B
| $48.7M | 0.08% |
321,500
+48,300
| +18% | +$7.38M |
|
316
Woodward
WWD
$19.7B
| $48.6M | 0.08% |
450,767
-6,546
| -1% | -$720K |
|
|
SBNY
317
DELISTED
Signature Bank
SBNY
| $48.3M | 0.08% |
404,928
-11,068
| -3% | -$1.34M |
|
|
SEE
318
DELISTED
Sealed Air
SEE
| $48M | 0.08% |
1,156,722
-1,494,466
| -56% | -$63.3M |
|
319
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.4B
| $48M | 0.08% |
629,300
+134,000
| +27% | +$11.1M |
|
320
CALL
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $48M | 0.08% |
+31,563
| New | +$50.3M |
|
|
ONCE
321
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $47.9M | 0.08% |
493,633
-169,216
| -26% | -$16.9M |
|
322
Norfolk Southern
NSC
$78.9B
| $47.8M | 0.08% |
266,167
-239,152
| -47% | -$44M |
|
323
PUT
Walt Disney
DIS
$190B
| $47.8M | 0.08% |
366,800
+247,800
| +208% | +$34.3M |
|
324
CALL
State Street Financial Select Sector SPDR ETF
XLF
$56.6B
| $47.7M | 0.08% |
1,702,300
+965,100
| +131% | +$26.6M |
|
325
Netflix
NFLX
$336B
| $47.6M | 0.08% |
1,780,230
-1,123,240
| -39% | -$35.1M |
|
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Israel Englander's Q3 2019 Portfolio in Review
As of Q3 2019, Israel Englander held 4,833 positions worth $63.3B, down 4.9% from $66.5B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.
Israel Englander's Q3 2019 filing shows 843 new, 1,522 increased, 1,651 reduced and 727 closed positions. Its largest new stake was L3Harris: 1,378,220 shares worth $288M. The largest sale was LyondellBasell Industries, an estimated $441M.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, down from 13% a quarter earlier, followed by Financials and Technology.
- Israel Englander's largest Q3 2019 buy was L3Harris: 1,378,220 shares worth $288M.
- Israel Englander added most to Ameren in Q3 2019, an estimated $239M increase.
- Israel Englander's biggest Q3 2019 reduction was LyondellBasell Industries, cutting an estimated $441M.
- Israel Englander fully exited Worldpay, Inc. in Q3 2019, selling an estimated $429M.
- Israel Englander's ten largest holdings make up 7.2% of its $63.3B portfolio in Q3 2019.
- Israel Englander opened 843 new positions and closed 727 in Q3 2019.
- Israel Englander's portfolio value fell 4.9% quarter-over-quarter to $63.3B.
Based on Millennium Management's 13F filing for Q3 2019, filed 14 Nov 2019.