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 | |
|---|---|---|---|---|---|---|
3451
Construction Partners
ROAD
$6.22B
| $426K | ﹤0.01% |
+23,969
| New | +$409K |
|
|
XXII
3452
22nd Century Group
XXII
$2.48M
| – | – |
0
| – | – |
|
|
CIH
3453
DELISTED
China Index Holdings Limited American Depository Shares
CIH
| $423K | ﹤0.01% |
197,545
-85,356
| -30% | -$139K |
|
3454
National CineMedia
NCMI
$262M
| $421K | ﹤0.01% |
14,169
-1,131
| -7% | -$34K |
|
|
B
3455
Barrick Mining
B
$80B
| $420K | ﹤0.01% |
15,577
-38,412
| -71% | -$959K |
|
3456
Texas Roadhouse
TXRH
$13.4B
| $420K | ﹤0.01% |
7,997
-286,562
| -97% | -$14M |
|
|
STON
3457
DELISTED
StoneMor Inc.
STON
| $420K | ﹤0.01% |
539,784
+522,786
| +3,076% | +$360K |
|
3458
Blue Ridge Bankshares
BRBS
$352M
| $419K | ﹤0.01% |
+41,343
| New | +$429K |
|
|
SBR
3459
Sabine Royalty Trust
SBR
$1.07B
| $417K | ﹤0.01% |
+15,034
| New | +$412K |
|
3460
State Street SPDR Portfolio Long Term Corporate Bond ETF
SPLB
$1.22B
| $417K | ﹤0.01% |
+13,145
| New | +$400K |
|
3461
Kartoon Studios
TOON
$39.8M
| $415K | ﹤0.01% |
+18,427
| New | +$329K |
|
3462
Strategy Inc
MSTR
$50B
| $414K | ﹤0.01% |
+35,000
| New | +$426K |
|
|
ENLC
3463
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $414K | ﹤0.01% |
169,778
-251,521
| -60% | -$520K |
|
3464
Avalo Therapeutics
AVTX
$1.06B
| $413K | ﹤0.01% |
55
+31
| +129% | +$225K |
|
3465
Civista Bancshares
CIVB
$573M
| $412K | ﹤0.01% |
26,750
-8,972
| -25% | -$131K |
|
|
VAL
3466
DELISTED
Valaris plc Class A Ordinary Share
VAL
| $411K | ﹤0.01% |
631,173
-3,442,196
| -85% | -$1.95M |
|
3467
CALL
KALA BIO
KALA
$15.9M
| $410K | ﹤0.01% |
+16
| New | +$453K |
|
3468
PUT
MGIC Investment
MTG
$6.39B
| $410K | ﹤0.01% |
+50,000
| New | +$374K |
|
3469
Cerence
CRNC
$350M
| $409K | ﹤0.01% |
10,015
-498,461
| -98% | -$14.3M |
|
3470
Kratos Defense & Security Solutions
KTOS
$9.99B
| $409K | ﹤0.01% |
26,188
-342,219
| -93% | -$5.48M |
|
3471
El Pollo Loco
LOCO
$485M
| $409K | ﹤0.01% |
+27,736
| New | +$356K |
|
3472
Delcath Systems
DCTH
$589M
| $408K | ﹤0.01% |
+39,822
| New | +$321K |
|
3473
Transcat
TRNS
$820M
| $408K | ﹤0.01% |
+15,767
| New | +$411K |
|
3474
CALL
Celldex Therapeutics
CLDX
$3.25B
| $406K | ﹤0.01% |
+31,200
| New | +$138K |
|
3475
PUT
Exelon
EXC
$45.5B
| $406K | ﹤0.01% |
15,702
| – | – |
|
Similar funds
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.