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 | |
|---|---|---|---|---|---|---|
326
Willis Towers Watson
WTW
$32.4B
| $47.6M | 0.08% |
246,851
-18,633
| -7% | -$3.64M |
|
327
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $47.4M | 0.08% |
31,209
+17,146
| +122% | +$27.3M |
|
|
HOLX
328
DELISTED
Hologic
HOLX
| $47.4M | 0.07% |
938,120
+914,850
| +3,931% | +$45M |
|
329
Franklin Templeton
BEN
$17.6B
| $47.3M | 0.07% |
+1,638,249
| New | +$50.1M |
|
330
Intuit
INTU
$102B
| $47.2M | 0.07% |
177,671
-34,267
| -16% | -$9.43M |
|
331
PUT
Salesforce
CRM
$172B
| $47.2M | 0.07% |
318,300
+289,700
| +1,013% | +$44M |
|
332
NNN REIT
NNN
$8.89B
| $47.2M | 0.07% |
837,122
+310,189
| +59% | +$16.9M |
|
333
Lennar Class A
LEN
$21.3B
| $46.9M | 0.07% |
868,051
-100,013
| -10% | -$4.87M |
|
334
Wintrust Financial
WTFC
$10.3B
| $46.7M | 0.07% |
722,012
-695,699
| -49% | -$46.1M |
|
335
Sabre
SABR
$900M
| $46.5M | 0.07% |
2,077,537
+1,157,924
| +126% | +$27.2M |
|
336
MGM Resorts International
MGM
$11B
| $46.3M | 0.07% |
1,671,108
+1,460,851
| +695% | +$41.9M |
|
337
PUT
State Street Technology Select Sector SPDR ETF
XLK
$118B
| $46.3M | 0.07% |
1,150,000
-200,000
| -15% | -$8M |
|
338
NVR
NVR
$17.1B
| $46.1M | 0.07% |
12,411
+11,459
| +1,204% | +$40.3M |
|
339
PUT
Expedia Group
EXPE
$40.3B
| $46.1M | 0.07% |
342,800
+224,700
| +190% | +$29.7M |
|
340
Quest Diagnostics
DGX
$26.9B
| $46M | 0.07% |
429,804
+402,613
| +1,481% | +$41.3M |
|
341
BJ's Restaurants
BJRI
$1.43B
| $46M | 0.07% |
1,184,154
+234,374
| +25% | +$9.03M |
|
|
JNPR
342
DELISTED
Juniper Networks
JNPR
| $45.9M | 0.07% |
1,853,685
+584,908
| +46% | +$14.7M |
|
343
AXIS Capital
AXS
$7.26B
| $45.9M | 0.07% |
687,233
-402,896
| -37% | -$25.4M |
|
344
Carlisle Companies
CSL
$14.4B
| $45.8M | 0.07% |
314,642
+302,971
| +2,596% | +$42.6M |
|
|
GTLS
345
DELISTED
Chart Industries
GTLS
| $45.4M | 0.07% |
728,438
-107,097
| -13% | -$7.25M |
|
346
Americold
COLD
$4.42B
| $45.3M | 0.07% |
1,220,973
-830,735
| -40% | -$29.2M |
|
347
Verizon
VZ
$208B
| $45.2M | 0.07% |
748,314
+680,306
| +1,000% | +$39.2M |
|
348
VeriSign
VRSN
$26.3B
| $45.1M | 0.07% |
239,248
+132,540
| +124% | +$27.2M |
|
349
Blackrock
BLK
$181B
| $44.8M | 0.07% |
100,583
+74,156
| +281% | +$33M |
|
350
First Horizon
FHN
$11.7B
| $44.8M | 0.07% |
2,764,117
-1,339,736
| -33% | -$21.2M |
|
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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.