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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.83B |
| 2 |
Wells Fargo
WFC
|
+$378M |
| 3 |
Microsoft
MSFT
|
+$253M |
| 4 |
Home Depot
HD
|
+$247M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$414M |
| 2 |
Lowe's Companies
LOW
|
+$326M |
| 3 |
Las Vegas Sands
LVS
|
+$265M |
| 4 |
AABA
Altaba Inc
AABA
|
+$249M |
| 5 |
NBL
Noble Energy, Inc.
NBL
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 10.45% |
| 2 | Technology | 8.65% |
| 3 | Financials | 8.6% |
| 4 | Consumer Discretionary | 7.75% |
| 5 | Industrials | 7.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Moody's
MCO
$88.6B
| $54.8M | 0.07% |
230,640
-579,194
| -72% | -$129M |
|
327
IDEX
IEX
$17.2B
| $54.7M | 0.07% |
318,276
-270,735
| -46% | -$43.8M |
|
328
Baxter International
BAX
$13.7B
| $54.7M | 0.07% |
653,889
+618,623
| +1,754% | +$51.2M |
|
329
Target
TGT
$77.2B
| $54.6M | 0.07% |
425,685
-887,347
| -68% | -$104M |
|
330
Post Holdings
POST
$3.73B
| $54.5M | 0.07% |
763,219
+370,243
| +94% | +$25.3M |
|
331
Churchill Downs
CHDN
$6.32B
| $54.3M | 0.07% |
792,008
-428,578
| -35% | -$27.9M |
|
|
PXD
332
DELISTED
Pioneer Natural Resource Co.
PXD
| $54.3M | 0.07% |
358,773
+148,585
| +71% | +$19.8M |
|
|
ISBC
333
DELISTED
Investors Bancorp, Inc.
ISBC
| $54.2M | 0.07% |
4,551,261
+2,853,399
| +168% | +$34.2M |
|
334
CALL
PayPal
PYPL
$52.8B
| $54M | 0.07% |
498,900
+68,900
| +16% | +$7.18M |
|
335
TE Connectivity
TEL
$58.6B
| $53.9M | 0.07% |
562,480
+534,469
| +1,908% | +$49.5M |
|
|
RPAI
336
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $53.8M | 0.07% |
4,016,073
+1,359,423
| +51% | +$18.3M |
|
|
AXNX
337
DELISTED
Axonics, Inc. Common Stock
AXNX
| $53.6M | 0.07% |
1,935,138
+1,682,598
| +666% | +$40.2M |
|
338
MGIC Investment
MTG
$6.38B
| $53.6M | 0.07% |
3,781,356
+618,952
| +20% | +$8.58M |
|
339
CALL
Bank of America
BAC
$436B
| $53.6M | 0.07% |
1,520,700
+325,900
| +27% | +$10.5M |
|
340
Devon Energy
DVN
$53.1B
| $53.5M | 0.07% |
2,060,825
+630,395
| +44% | +$14.2M |
|
341
A.O. Smith
AOS
$8.52B
| $53.4M | 0.07% |
1,121,224
+888,600
| +382% | +$43.1M |
|
342
DuPont de Nemours
DD
$18.5B
| $53.4M | 0.07% |
662,583
-397,414
| -37% | -$33M |
|
343
FirstEnergy
FE
$26.9B
| $53.3M | 0.07% |
1,095,999
-1,021,380
| -48% | -$48.8M |
|
344
MGM Resorts International
MGM
$11B
| $53.1M | 0.07% |
1,594,550
-76,558
| -5% | -$2.33M |
|
345
PUT
State Street Technology Select Sector SPDR ETF
XLK
$117B
| $53M | 0.07% |
1,156,800
+6,800
| +0.6% | +$291K |
|
346
UDR
UDR
$12.3B
| $53M | 0.07% |
1,134,852
+421,661
| +59% | +$20.2M |
|
347
Cousins Properties
CUZ
$4.94B
| $53M | 0.07% |
1,285,464
+481,106
| +60% | +$18.9M |
|
348
Goodyear
GT
$1.73B
| $52.8M | 0.07% |
3,395,972
+1,188,744
| +54% | +$18.6M |
|
349
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $52.8M | 0.07% |
600,000
+510,000
| +567% | +$44.4M |
|
350
Axsome Therapeutics
AXSM
$10.8B
| $52.2M | 0.07% |
504,738
+108,438
| +27% | +$4.38M |
|
Similar funds
Israel Englander's Q4 2019 Portfolio in Review
As of Q4 2019, Israel Englander held 4,935 positions worth $79.9B, up 26% from $63.3B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Israel Englander deployed $9.74B of net new capital in Q4 2019, opening 829 new positions and adding to 1,631 existing holdings. Its largest new stake was International Flavors & Fragrances: 535,214 shares worth $69.1M.
By sector, the portfolio is most concentrated in Healthcare at 10% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Lowe's Companies, an estimated $326M trimmed.
- Israel Englander's largest Q4 2019 buy was International Flavors & Fragrances: 535,214 shares worth $69.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2019, an estimated $3.83B increase.
- Israel Englander's biggest Q4 2019 reduction was Lowe's Companies, cutting an estimated $326M.
- Israel Englander fully exited Celgene Corp in Q4 2019, selling an estimated $414M.
- Israel Englander's ten largest holdings make up 13% of its $79.9B portfolio in Q4 2019.
- Israel Englander opened 829 new positions and closed 796 in Q4 2019.
- Israel Englander's portfolio value rose 26% quarter-over-quarter to $79.9B.
Based on Millennium Management's 13F filing for Q4 2019, filed 14 Feb 2020.