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 |
Lowe's Companies
LOW
|
+$217M |
| 2 |
JPMorgan Chase
JPM
|
+$213M |
| 3 |
Intel
INTC
|
+$200M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$184M |
| 5 |
TECD
Tech Data Corp
TECD
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$685M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$127M |
| 3 |
Meta Platforms (Facebook)
META
|
+$122M |
| 4 |
Merck
MRK
|
+$110M |
| 5 |
NVIDIA
NVDA
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 9.01% |
| 2 | Technology | 7.75% |
| 3 | Financials | 7.01% |
| 4 | Consumer Discretionary | 6.9% |
| 5 | Industrials | 6.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Wynn Resorts
WYNN
$10.3B
| $46.5M | 0.06% |
624,320
+399,778
| +178% | +$32M |
|
302
CALL
iShares Biotechnology ETF
IBB
$10.7B
| $46.5M | 0.06% |
340,100
-103,900
| -23% | -$13.2M |
|
303
IQVIA
IQV
$42.8B
| $46.2M | 0.06% |
325,635
+15,548
| +5% | +$2.11M |
|
|
AVB
304
DELISTED
AvalonBay Communities
AVB
| $46.1M | 0.06% |
298,009
+129,835
| +77% | +$20.5M |
|
305
Analog Devices
ADI
$182B
| $46M | 0.06% |
375,424
+319,273
| +569% | +$35.1M |
|
306
Alphabet (Google) Class A
GOOGL
$4.22T
| $46M | 0.06% |
648,680
+47,120
| +8% | +$3.18M |
|
307
CALL
iShares China Large-Cap ETF
FXI
$4.28B
| $46M | 0.06% |
+1,157,900
| New | +$45.2M |
|
308
Rexford Industrial Realty
REXR
$8.3B
| $45.8M | 0.06% |
1,105,591
+883,877
| +399% | +$35.5M |
|
309
CMS Energy
CMS
$21.4B
| $45.6M | 0.06% |
780,819
+394,973
| +102% | +$22.9M |
|
310
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $45.6M | 0.06% |
1,392,900
+1,390,925
| +70,427% | +$70.2M |
|
|
MZTI
311
The Marzetti Company
MZTI
$3.06B
| $45.6M | 0.06% |
294,137
+262,161
| +820% | +$38.2M |
|
312
Berkshire Hathaway Class A
BRK.A
$1.06T
| $45.4M | 0.06% |
+170
| New | +$46.6M |
|
313
Equinix
EQIX
$105B
| $45.3M | 0.06% |
64,526
+25,853
| +67% | +$17.5M |
|
314
Natera
NTRA
$47.9B
| $45.2M | 0.06% |
907,249
-885,167
| -49% | -$35.5M |
|
|
315
CALL
Berkshire Hathaway Class B
BRK.B
$1.06T
| $45.2M | 0.06% |
253,400
-60,700
| -19% | -$11.1M |
|
316
PUT
Match Group
MTCH
$9.38B
| $45.2M | 0.06% |
422,000
+117,900
| +39% | +$9.85M |
|
317
Fastenal
FAST
$58.8B
| $45.2M | 0.06% |
2,108,084
+1,657,276
| +368% | +$31.7M |
|
|
AJRD
318
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $45.1M | 0.06% |
1,137,863
+501,863
| +79% | +$20.9M |
|
319
PUT
Linde
LIN
$225B
| $45M | 0.06% |
212,000
+142,700
| +206% | +$27.6M |
|
320
Baidu
BIDU
$31.6B
| $44.8M | 0.06% |
373,771
+182,138
| +95% | +$19.5M |
|
321
Arch Capital
ACGL
$33.9B
| $44.6M | 0.06% |
1,556,282
+1,510,855
| +3,326% | +$41.8M |
|
322
Stryker
SYK
$126B
| $44.4M | 0.06% |
246,584
-265,411
| -52% | -$49M |
|
323
Devon Energy
DVN
$54B
| $44.3M | 0.06% |
3,906,786
+2,656,604
| +212% | +$30.3M |
|
324
RingCentral
RNG
$5.6B
| $44.2M | 0.06% |
155,038
+26,516
| +21% | +$6.71M |
|
325
Equity Lifestyle Properties
ELS
$12.7B
| $44.1M | 0.06% |
705,279
+168,834
| +31% | +$10.4M |
|
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Israel Englander's Q2 2020 Portfolio in Review
As of Q2 2020, Israel Englander held 4,914 positions worth $73B, up 64% from $44.5B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $17.6B of net new capital in Q2 2020, opening 1,140 new positions and adding to 1,565 existing holdings. Its largest new stake was Global Payments: 1,008,446 shares worth $171M.
By sector, the portfolio is most concentrated in Healthcare at 9% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $127M trimmed.
- Israel Englander's largest Q2 2020 buy was Global Payments: 1,008,446 shares worth $171M.
- Israel Englander added most to Lowe's Companies in Q2 2020, an estimated $217M increase.
- Israel Englander's biggest Q2 2020 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $127M.
- Israel Englander fully exited Allergan plc in Q2 2020, selling an estimated $685M.
- Israel Englander's ten largest holdings make up 20% of its $73B portfolio in Q2 2020.
- Israel Englander opened 1,140 new positions and closed 798 in Q2 2020.
- Israel Englander's portfolio value rose 64% quarter-over-quarter to $73B.
Based on Millennium Management's 13F filing for Q2 2020, filed 14 Aug 2020.