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 | |
|---|---|---|---|---|---|---|
3426
BRC Group Holdings
RILY
$290M
| $600K | ﹤0.01% |
+23,923
| New | +$602K |
|
|
ACB
3427
Aurora Cannabis
ACB
$254M
| $599K | ﹤0.01% |
12,887
+5,435
| +73% | +$516K |
|
3428
Regional Management Corp
RM
$308M
| $597K | ﹤0.01% |
35,863
-68,629
| -66% | -$1.18M |
|
|
MRUS
3429
DELISTED
Merus
MRUS
| $596K | ﹤0.01% |
49,627
-73,676
| -60% | -$952K |
|
|
RDNW
3430
RideNow Group
RDNW
$232M
| $596K | ﹤0.01% |
22,347
-42,143
| -65% | -$1.04M |
|
3431
CALL
Enphase Energy
ENPH
$4.94B
| $595K | ﹤0.01% |
+7,200
| New | +$482K |
|
|
3432
PUT
Enphase Energy
ENPH
$4.94B
| $595K | ﹤0.01% |
+7,200
| New | +$482K |
|
3433
Brookfield Renewable
BEPC
$6.2B
| $594K | ﹤0.01% |
+15,204
| New | +$510K |
|
3434
Stepan Co
SCL
$1.41B
| $594K | ﹤0.01% |
5,453
-7,030
| -56% | -$769K |
|
3435
OSI Systems
OSIS
$3.25B
| $593K | ﹤0.01% |
+7,644
| New | +$570K |
|
|
MDRX
3436
DELISTED
Veradigm Inc. Common Stock
MDRX
| $593K | ﹤0.01% |
+72,799
| New | +$595K |
|
|
FOCS
3437
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $592K | ﹤0.01% |
18,044
-42,724
| -70% | -$1.51M |
|
3438
Edgewell Personal Care
EPC
$1.33B
| $591K | ﹤0.01% |
21,188
-94,861
| -82% | -$2.81M |
|
|
BRFS
3439
DELISTED
BRF SA
BRFS
| $589K | ﹤0.01% |
179,426
-1,037,704
| -85% | -$3.98M |
|
3440
W&T Offshore
WTI
$543M
| $589K | ﹤0.01% |
327,055
-366,349
| -53% | -$812K |
|
|
SYBX
3441
DELISTED
Synlogic
SYBX
| $588K | ﹤0.01% |
19,401
-1,386
| -7% | -$45.5K |
|
3442
Global Net Lease
GNL
$2.14B
| $587K | ﹤0.01% |
+36,895
| New | +$624K |
|
3443
Research Solutions
RSSS
$73.9M
| $584K | ﹤0.01% |
+258,367
| New | +$638K |
|
3444
CALL
Tyson Foods
TSN
$20.1B
| $583K | ﹤0.01% |
9,800
-24,700
| -72% | -$1.52M |
|
|
3445
PUT
Tyson Foods
TSN
$20.1B
| $583K | ﹤0.01% |
+9,800
| New | +$604K |
|
3446
PUT
Karyopharm Therapeutics
KPTI
$43.5M
| $580K | ﹤0.01% |
+2,647
| New | +$647K |
|
3447
CALL
Ross Stores
ROST
$77.4B
| $579K | ﹤0.01% |
+6,200
| New | +$556K |
|
|
INFN
3448
DELISTED
Infinera Corporation Common Stock
INFN
| $579K | ﹤0.01% |
94,013
-1,359,009
| -94% | -$9.51M |
|
|
GPM
3449
DELISTED
Guggenheim Enhanced Equity Income Fund
GPM
| $579K | ﹤0.01% |
+106,283
| New | +$587K |
|
|
ZAGG
3450
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $578K | ﹤0.01% |
206,465
-57,783
| -22% | -$181K |
|
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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.