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 | Healthcare | 9.18% |
| 2 | Consumer Discretionary | 6.93% |
| 3 | Technology | 6.31% |
| 4 | Industrials | 5.82% |
| 5 | Financials | 5.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3376
TransAlta
TAC
$3.87B
| $657K | ﹤0.01% |
106,866
-81,824
| -43% | -$513K |
|
3377
United Rentals
URI
$65.6B
| $655K | ﹤0.01% |
3,753
-138,468
| -97% | -$23.3M |
|
3378
Invesco CurrencyShares Euro Currency Trust
FXE
$361M
| $653K | ﹤0.01% |
+5,912
| New | +$652K |
|
3379
AMERISAFE
AMSF
$485M
| $652K | ﹤0.01% |
11,363
-5,407
| -32% | -$341K |
|
3380
NBT Bancorp
NBTB
$2.67B
| $652K | ﹤0.01% |
24,300
-26,994
| -53% | -$801K |
|
|
ZYNE
3381
DELISTED
Zynerba Pharmaceuticals, Inc
ZYNE
| $652K | ﹤0.01% |
197,080
-17,723
| -8% | -$65.1K |
|
|
IPG
3382
CALL
DELISTED
Interpublic Group of Companies
IPG
| $650K | ﹤0.01% |
+39,000
| New | +$696K |
|
|
RAPT
3383
CALL
DELISTED
RAPT Therapeutics
RAPT
| $650K | ﹤0.01% |
+2,525
| New | +$560K |
|
3384
Kearny Financial
KRNY
$642M
| $649K | ﹤0.01% |
90,054
-8,283
| -8% | -$63.6K |
|
3385
Fabrinet
FN
$15.5B
| $648K | ﹤0.01% |
10,274
-101,743
| -91% | -$6.84M |
|
3386
PUT
Broadridge
BR
$21.1B
| $647K | ﹤0.01% |
+4,900
| New | +$655K |
|
3387
CorMedix
CRMD
$667M
| $645K | ﹤0.01% |
+107,046
| New | +$538K |
|
3388
ReposiTrak
TRAK
$147M
| $645K | ﹤0.01% |
130,927
-30,744
| -19% | -$143K |
|
3389
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.57B
| $644K | ﹤0.01% |
7,600
-1,400
| -16% | -$132K |
|
|
IVA
3390
Inventiva
IVA
$1.11B
| $642K | ﹤0.01% |
+54,412
| New | +$624K |
|
3391
Peapack-Gladstone Financial
PGC
$800M
| $641K | ﹤0.01% |
42,283
-20,936
| -33% | -$351K |
|
3392
Vanguard Total World Stock ETF
VT
$81.2B
| $639K | ﹤0.01% |
7,923
-28,540
| -78% | -$2.29M |
|
3393
Rayonier Advanced Materials
RYAM
$582M
| $638K | ﹤0.01% |
+199,388
| New | +$643K |
|
3394
Protara Therapeutics
TARA
$235M
| $638K | ﹤0.01% |
37,928
+28,698
| +311% | +$665K |
|
|
FLNT
3395
Fluent
FLNT
$126M
| $635K | ﹤0.01% |
42,705
+17,169
| +67% | +$249K |
|
|
AY
3396
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $630K | ﹤0.01% |
22,014
+1,925
| +10% | +$56.3K |
|
|
RVNC
3397
CALL
DELISTED
Revance Therapeutics, Inc.
RVNC
| $629K | ﹤0.01% |
+25,000
| New | +$655K |
|
|
WMC
3398
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $628K | ﹤0.01% |
30,767
+5,813
| +23% | +$129K |
|
3399
ASML
ASML
$670B
| $627K | ﹤0.01% |
1,699
+509
| +43% | +$190K |
|
|
PCSB
3400
DELISTED
PCSB Financial Corporation
PCSB
| $627K | ﹤0.01% |
51,963
-74,025
| -59% | -$910K |
|
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 Healthcare at 9.2% of assets, up from 9% a quarter earlier, followed by Consumer Discretionary and Technology.
- 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.